Fair Value Measurements (Tables)

9 Months Ended

Sep. 29, 2018

Notes To Financial Statements [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
September 29, 2018
Money market fund	$	10.9	$	10.9	$	—	$	—
Derivative assets	$	28.6	$	—	$	28.6	$	—
Derivative liabilities	$	57.9	$	—	$	57.9	$	—
Non-derivative hedging instrument	$	932.3	$	—	$	932.3	$	—
Contingent consideration liability	$	172.4	$	—	$	—	$	172.4
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

Summary of Financial Instruments Carrying and Fair Values

	September 29, 2018				December 30, 20171
(Millions of Dollars)	Carrying Value		Fair Value		Carrying Value		Fair Value
Other investments	$	7.6	$	7.8	$	7.6	$	7.9
Long-term debt, including current portion	$	3,810.2	$	3,898.2	$	3,805.7	$	3,991.0