Fair Value Measurements (Tables)

9 Months Ended

Sep. 27, 2014

Carrying Value and Estimated Fair Values of Outstanding Debt

The carrying values and estimated fair values of our significant outstanding debt as of September 27, 2014 and December 28, 2013 were as follows:


	September 27, 2014				December 28, 2013
(in millions of U.S. dollars)	Carrying Value		Fair Value		Carrying Value		Fair Value
8.375% senior notes due in 2017 ¹		—		—		15.0		15.6
8.125% senior notes due in 2018 ¹		—		—		375.0		404.1
5.375% senior notes due in 2022 ¹		525.0		510.8		—		—

Total	$	525.0	$	510.8	$	390.0	$	419.7

^1.	The fair values were based on the trading levels and bid/offer prices observed by a market participant and are considered Level 1 financial instruments.

- Definition

Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities.

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