Fair Value Measurements (Tables)

3 Months Ended

Apr. 04, 2015

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s financial assets and liabilities that are measured at fair value on a recurring basis for each of the hierarchy levels (millions of dollars):

	Total Carrying Value		Level 1		Level 2
April 4, 2015:
Money market fund	$	10.1	$	10.1	$	—
Derivative assets	$	197.5	$	—	$	197.5
Derivative liabilities	$	158.6	$	—	$	158.6
January 3, 2015:
Money market fund	$	9.9	$	9.9	$	—
Derivative assets	$	144.2	$	—	$	144.2
Derivative liabilities	$	148.4	$	—	$	148.4

Summary of Financial Instruments Carrying and Fair Values

	April 4, 2015				January 3, 2015
	Carrying Value		Fair Value		Carrying Value		Fair Value
Other investments	$	11.7	$	12.0	$	11.7	$	11.9
Derivative assets	$	197.5	$	197.5	$	144.2	$	144.2
Derivative liabilities	$	158.6	$	158.6	$	148.4	$	148.4
Long-term debt, including current portion	$	3,861.5	$	4,355.0	$	3,845.7	$	4,323.8