Financing Obligations (Tables)

12 Months Ended

Dec. 27, 2014

Debt Disclosure [Abstract]

Schedule of Long-term Debt and Capital Lease Obligations

Debt obligations consisted of the following:

(In millions)	2014			2013
Fixed rate Senior Notes due 2021	$	602.3		$	602.6
Five year Revolving Credit Agreement	209.0			230.1
Belgium facility capital lease	13.9			17.5
Other	11.4			5.1
Total debt obligations	836.6			855.3
Less current portion	(221.4		)	(235.4		)
Long-term debt and capital lease obligations	$	615.2		$	619.9

Schedule of Short-term Debt

(Dollars in millions)	2014			2013
Total short-term borrowings at year-end	$	219.1		$	232.3
Weighted average interest rate at year-end	1.8		%	2.0		%
Average short-term borrowings during the year	$	448.8		$	350.8
Weighted average interest rate for the year	1.7		%	1.8		%
Maximum short-term borrowings during the year	$	530.3		$	559.8

Contractual Maturities for Debt Obligations

Contractual maturities for debt obligations at December 27, 2014 are summarized by year as follows (in millions):

Year ending:	Amount
December 26, 2015	$	221.4
December 31, 2016	2.9
December 30, 2017	2.2
December 29, 2018	2.1
December 28, 2019	1.7
Thereafter	606.3
Total	$	836.6

Schedule of Capital Lease Obligations

Following is a summary of significant capital lease obligations at December 27, 2014 and December 28, 2013:

(In millions)	December 27, 2014		December 28, 2013
Gross payments	$	16.3	$	20.9
Less imputed interest	2.4		3.4
Total capital lease obligation	13.9		17.5
Less current maturity	2.0		2.1
Capital lease obligation - long-term portion	$	11.9	$	15.4