Financial Instruments and Risk Management (Tables)

6 Months Ended

Jun. 18, 2016

Investments, All Other Investments [Abstract]

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

The carrying value and the fair value of the Company’s long-term debt, excluding capital leases, are as follows:

(In millions)	June 18, 2016		January 2, 2016		June 20, 2015
Carrying value	$	807.4	$	809.2	$	820.9
Fair value	849.3		836.3		863.1

Schedule of Derivative Instruments [Table Text Block]

The notional amounts of the Company’s derivative instruments are as follows:

(Dollars in millions)	June 18, 2016		January 2, 2016		June 20, 2015
Foreign exchange contracts:
Hedge contracts	$	193.1	$	192.6	$	202.6
Non-hedge contracts	15.0		23.2		—
Interest rate swaps (1)	556.3		609.7		364.7

⁽¹⁾  Includes a forward starting interest rate swap with a notional amount of $288.8 million, which has an effective date of

Financial Assets and Liabilities Measured at Fair Value in Consolidated Condensed Balance Sheets

The following table sets forth financial assets and liabilities measured at fair value in the consolidated balance sheets and the respective pricing levels to which the fair value measurements are classified within the fair value hierarchy.

	Fair Value Measurements
	Quoted Prices With Other Observable Inputs (Level 2)
(In millions)	June 18, 2016		January 2, 2016		June 20, 2015
Financial assets:
Foreign exchange contracts - hedge	$	1.2	$	6.7	$	2.4
Foreign exchange contracts - non-hedge	—		0.5		—
Interest rate swaps	—		0.2		—
Financial liabilities:
Foreign exchange contracts - hedge	$	3.1	$	—	$	2.0
Foreign exchange contracts - non-hedge	0.1		0.1		—
Interest rate swaps	13.6		3.9		0.4