XML 35 R24.htm IDEA: XBRL DOCUMENT v2.4.0.8
FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 28, 2014
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
The following tables set forth, by level within the fair value hierarchy, our non-pension financial assets and liabilities that were measured at fair value on a recurring basis as of September 28, 2014 and December 29, 2013:

 
 
September 28, 2014
 
December 29, 2013
 
 
Level 1
 
Level 2
 
Level 3
 
Total
 
Level 1
 
Level 2
 
Level 3
 
Total
 
 
(in millions)
 
(in millions)
Assets
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commodity contracts
 
$
15.1

 
$

 
$

 
$
15.1

 
$
0.2

 
$
4.9

 
$

 
$
5.1

Foreign exchange contracts
 

 

 

 

 

 
1.2

 

 
1.2

Bond securities
 
19.4

 

 

 
19.4

 
19.8

 

 

 
19.8

Insurance contracts
 

 
70.2

 

 
70.2

 

 
65.8

 

 
65.8

Total
 
$
34.5

 
$
70.2

 
$

 
$
104.7

 
$
20.0

 
$
71.9

 
$

 
$
91.9

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Liabilities
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Derivatives:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commodity contracts
 
$
81.6

 
$
49.4

 
$

 
$
131.0

 
$
15.1

 
$
5.4

 
$

 
$
20.5

Foreign exchange contracts
 

 
0.3

 

 
0.3

 

 
0.2

 

 
0.2

Total
 
$
81.6

 
$
49.7

 
$

 
$
131.3

 
$
15.1

 
$
5.6

 
$

 
$
20.7

 
Fair Value and Carrying Value of Debt [Table Text Block]
The following table presents the fair value and carrying value of long-term debt, including the current portion of long-term debt as of September 28, 2014 and December 29, 2013.
 
 
September 28, 2014
 
December 29, 2013
 
 
Fair
Value
 
Carrying Value
 
Fair
Value
 
Carrying Value
 
 
(in millions)
Long-term debt, including current portion
 
$
3,124.0

 
$
3,045.4

 
$
3,120.2

 
$
3,020.1