Fair Value Disclosure (Tables)

3 Months Ended

Apr. 01, 2016

Financial Assets And Liabilities Measured At Fair Value On A Recurring Basis

Financial assets and liabilities measured at fair value on a recurring basis are summarized below (in millions).



	Fair Value Measurement
	April 1, 2016								December 31, 2015
	Level 1		Level 2		Level 3		Fair Value		Level 1		Level 2		Level 3		Fair Value
Assets:
Derivative assets	$	—	$	1.3	$	—	$	1.3	$	—	$	0.7	$	—	$	0.7
Equity securities ⁽¹⁾	10.5		—		—		10.5		18.0		—		—		18.0
Total assets	$	10.5	$	1.3	$	—	$	11.8	$	18.0	$	0.7	$	—	$	18.7
Liabilities:
Derivative liabilities	$	—	$	6.0	$	—	$	6.0	$	—	$	12.2	$	—	$	12.2
Total liabilities	$	—	$	6.0	$	—	$	6.0	$	—	$	12.2	$	—	$	12.2

(1) Balance represents the market value of the assets, exclusive of the market value of restricted stock and restricted stock units held ("Deferred Stock") and the General Cable Stock Fund by participants’ elections, held in the Rabbi Trust in connection with the Company's deferred compensation plan at April 1, 2016 and December 31, 2015 classified as “other non-current assets” in the Condensed Consolidated Balance Sheets. The market value of mutual fund investments and the General Cable Stock Fund in the Rabbi Trust was $15.6 million and $25.6 million as of April 1, 2016 and December 31, 2015, respectively. Amounts payable to the plan participants at April 1, 2016 and December 31, 2015, excluding the Deferred Stock, were $11.4 million and $19.0 million, respectively, and are classified as “Other liabilities” in the Condensed Consolidated Balance Sheets.