Fair Value Measurements and Fair Value of Financial Instruments (Tables)

9 Months Ended

Sep. 28, 2013

Fair Value Measurements and Fair Value of Financial Instruments Disclosure

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

       The following table presents information about the company's financial assets and liabilities measured at fair value on a recurring basis as of September 28, 2013:

			September 28,			Quoted Prices in Active Markets		Significant Other Observable Inputs		Significant Unobservable Inputs
(In millions)				2013		(Level 1)		(Level 2)		(Level 3)
Assets
	Cash equivalents			$	869.5	$	869.5	$	—	$	—
	Investments in mutual funds, unit trusts and other    similar instruments				9.6		9.6		—		—
	Insurance contracts				70.6		—		70.6		—
	Auction rate securities				4.2		—		—		4.2
	Derivative contracts				11.2		—		11.2		—
		Total Assets		$	965.1	$	879.1	$	81.8	$	4.2
Liabilities
	Derivative contracts			$	3.3	$	—	$	3.3	$	—
	Contingent consideration				32.9		—		—		32.9
		Total Liabilities		$	36.2	$	—	$	3.3	$	32.9

		The following table presents information about the company’s financial assets and liabilities measured at fair
value on a recurring basis as of December 31, 2012:
			December 31,			Quoted Prices in Active Markets		Significant Other Observable Inputs		Significant Unobservable Inputs
(In millions)				2012		(Level 1)		(Level 2)		(Level 3)
Assets
	Cash equivalents			$	73.6	$	73.6	$	—	$	—
	Investments in mutual funds, unit trusts and other    similar instruments				36.6		36.6		—		—
	Insurance contracts				62.5		—		62.5		—
	Auction rate securities				4.3		—		—		4.3
	Derivative contracts				1.6		—		1.6		—
		Total Assets		$	178.6	$	110.2	$	64.1	$	4.3
Liabilities
	Derivative contracts			$	0.8	$	—	$	0.8	$	—
	Contingent consideration				20.1		—		—		20.1
		Total Liabilities		$	20.9	$	—	$	0.8	$	20.1

Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

			Three Months Ended						Nine Months Ended
		September 28,			September 29,			September 28,			September 29,
(In millions)			2013			2012			2013			2012
Auction Rate Securities
	Beginning Balance		$	4.2		$	4.3		$	4.3		$	4.3
	Sale of securities			—			—			(0.1)			—
	Ending Balance		$	4.2		$	4.3		$	4.2		$	4.3

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

			Three Months Ended						Nine Months Ended
		September 28,			September 29,			September 28,			September 29,
(In millions)			2013			2012			2013			2012
Contingent Consideration
	Beginning Balance		$	33.7		$	4.6		$	20.1		$	1.7
	Additions			—			12.9			—			15.8
	Payments			(0.7)			(0.7)			(0.7)			(1.0)
	Change in fair value included in earnings			(0.1)			—			13.5			0.3
	Ending Balance		$	32.9		$	16.8		$	32.9		$	16.8

Schedule of Derivative Instruments in Statement of Financial Position, Fair Value [Table Text Block]

				Fair Value – Assets					Fair Value – Liabilities
			September 28,			December 31,		September 28,			December 31,
(In millions)				2013		2012			2013		2012
Derivatives Designated as Hedging Instruments
	Interest rate forward swaps (a)			$	10.5	$	—		$	2.5	$	—
Derivatives Not Designated as Hedging Instruments
	Currency exchange contracts (b)				0.7		1.6			0.8		0.8
(a)		The fair value of the interest rate forward swaps is included in the consolidated balance sheet under the captions other current assets and other accrued expenses.
(b)		The fair value of the currency exchange contracts is included in the consolidated balance sheet under the captions other current assets or other accrued expenses.

Schedule of Derivative Instruments, Gain (Loss) in Statement of Financial Performance [Table Text Block]

				Gain (Loss) Recognized
				Three Months Ended						Nine Months Ended
			September 28,			September 29,			September 28,			September 29,
(In millions)					2013			2012			2013			2012
Derivatives Not Designated as Fair Value Hedges
	Currency exchange contracts
		Included in cost of revenues		$	1.5		$	1.2		$	2.0		$	2.6
		Included in other expense, net			(26.8)			(8.8)			(12.0)			(2.2)

Fair Value, by Balance Sheet Grouping [Table Text Block]

       The carrying value and fair value of the company's notes receivable and debt obligations are as follows:

			September 28, 2013				December 31, 2012
			Carrying		Fair		Carrying		Fair
(In millions)			Value		Value		Value		Value
Notes Receivable			$	3.8	$	3.8	$	4.7	$	4.7
Debt Obligations:
	Senior notes		$	7,008.2	$	7,085.1	$	7,019.5	$	7,455.2
	Commercial paper			50.0		50.0		50.0		50.0
	Other			53.3		53.3		54.8		54.8
			$	7,111.5	$	7,188.4	$	7,124.3	$	7,560.0
		The fair value of debt obligations was determined based on quoted market prices and on borrowing rates
available to the company at the respective period ends which represent level 2 measurements.

Schedule of Carrying Values and Estimated Fair Values of Debt Instruments [Table Text Block]

       The carrying value and fair value of the company's notes receivable and debt obligations are as follows:

			September 28, 2013				December 31, 2012
			Carrying		Fair		Carrying		Fair
(In millions)			Value		Value		Value		Value
Notes Receivable			$	3.8	$	3.8	$	4.7	$	4.7
Debt Obligations:
	Senior notes		$	7,008.2	$	7,085.1	$	7,019.5	$	7,455.2
	Commercial paper			50.0		50.0		50.0		50.0
	Other			53.3		53.3		54.8		54.8
			$	7,111.5	$	7,188.4	$	7,124.3	$	7,560.0
		The fair value of debt obligations was determined based on quoted market prices and on borrowing rates
available to the company at the respective period ends which represent level 2 measurements.