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LONG-TERM DEBT AND FINANCING ARRANGEMENTS (Tables)
12 Months Ended
Dec. 30, 2017
Debt Disclosure [Abstract]  
Long-Term Debt and Financing Arrangements
Long-term debt and financing arrangements at December 30, 2017 and December 31, 2016 were as follows:
 
 
December 30, 2017
 
December 31, 2016
(Millions of Dollars)
Interest Rate
Original Notional
Unamortized Discount
Unamortized Gain/(Loss) Terminated Swaps (1)
Purchase Accounting FV Adjustment
Deferred Financing Fees
Carrying Value
 
Carrying Value
Notes payable due 2018
2.45%
$
632.5

$

$

$

$
(1.6
)
$
630.9

 
$
629.2

Notes payable due 2018
1.62%
345.0




(0.9
)
344.1

 
343.1

Notes payable due 2021
3.40%
400.0

(0.2
)
13.6


(1.3
)
412.1

 
415.2

Notes payable due 2022
2.90%
754.3

(0.3
)


(3.1
)
750.9

 
750.3

Notes payable due 2028
7.05%
150.0


11.5

11.1


172.6

 
174.7

Notes payable due 2040
5.20%
400.0

(0.2
)
(33.4
)

(3.1
)
363.3

 
361.7

Notes payable due 2052 (junior subordinated)
5.75%
750.0




(19.0
)
731.0

 
730.4

Notes payable due 2053 (junior subordinated)
5.75%
400.0


4.7


(8.1
)
396.6

 
396.5

Other, payable in varying amounts through 2022
0.00% - 3.06%
24.9





24.9

 
22.0

Total long-term debt, including current maturities
 
$
3,856.7

$
(0.7
)
$
(3.6
)
$
11.1

$
(37.1
)
$
3,826.4

 
$
3,823.1

Less: Current maturities of long-term debt
 
 
 
 
 
 
(983.4
)
 
(7.8
)
Long-term debt
 
 
 
 
 
 
$
2,843.0

 
$
3,815.3