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FAIR VALUE MEASUREMENTS (Tables)
12 Months Ended
Dec. 30, 2017
Fair Value Disclosures [Abstract]  
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
 
Level 3
December 30, 2017
 
 
 
 
 
 
 
Money market fund
$
11.6

 
$
11.6

 
$

 
$

Derivative assets
$
18.0

 
$

 
$
18.0

 
$

Derivative liabilities
$
114.0

 
$

 
$
114.0

 
$

Contingent consideration liability
$
114.0

 
$

 
$

 
$
114.0

December 31, 2016
 
 
 
 
 
 
 
Money market fund
$
4.3

 
$
4.3

 
$

 
$

Derivative assets
$
110.2

 
$

 
$
110.2

 
$

Derivative liabilities
$
97.6

 
$

 
$
97.6

 
$

Summary of Company's Financial Instruments Carrying and Fair Values
The following table presents the carrying values and fair values of the Company's financial assets and liabilities, as well as the Company's debt, as of December 30, 2017 and December 31, 2016:
 
 
December 30, 2017
 
December 31, 2016
(Millions of Dollars)
Carrying
Value
 
Fair
Value
 
Carrying
Value
 
Fair
Value
Other investments
$
7.6

 
$
7.9

 
$
8.9

 
$
9.2

Derivative assets
$
18.0

 
$
18.0

 
$
110.2

 
$
110.2

Derivative liabilities
$
114.0

 
$
114.0

 
$
97.6

 
$
97.6

Long-term debt, including current portion
$
3,826.4

 
$
4,012.0

 
$
3,823.1

 
$
3,967.4