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Guarantees, Commitments and Contingencies
12 Months Ended
Jan. 02, 2016
Commitments and Contingencies Disclosure [Abstract]  
Guarantees, Commitments and Contingencies
Guarantees, Commitments and Contingencies
The Corporation utilizes letters of credit in the amount of $10 million to back certain financing instruments, insurance policies and payment obligations.  The letters of credit reflect fair value as a condition of their underlying purpose and are subject to fees competitively determined.

The Corporation is involved in various kinds of disputes and legal proceedings that have arisen in the course of its business, including pending litigation, environmental remediation, taxes and other claims.  It is the Corporation’s opinion, after consultation with legal counsel, that additional liabilities, if any, resulting from these matters are not expected to have a material adverse effect on the Corporation’s quarterly or annual operating results and cash flows when resolved in a future period.