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FAIR VALUE MEASUREMENTS (Tables)
9 Months Ended
Sep. 29, 2023
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Liabilities Measured on Recurring Basis
Below is a summary of financial liabilities that are measured at fair value on a recurring basis ($ in millions):
Quoted Prices
in Active
Market
(Level 1)
Significant Other
Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Total
September 29, 2023
Deferred compensation liabilities$— $36.3 $— $36.3 
December 31, 2022
Deferred compensation liabilities— 31.5 — 31.5 
Schedule of Carrying Amounts and Fair Values of Financial Instruments
The carrying amount and fair value of financial instruments are as follows ($ in millions):
September 29, 2023December 31, 2022
Carrying AmountFair ValueCarrying AmountFair Value
Current portion of long-term debt$749.9 $750.0 $999.7 $1,000.0 
Long-term debt, net of current maturities1,982.1 1,795.6 2,251.6 2,078.1