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PENSION PLANS (Tables)
 12 Months Ended
Jan. 03, 2020
Text Block [Abstract]  
Weighted Average Percentage Of Actual And Target Asset Allocation Table
The Domestic Plans’ and Foreign Plans’ asset mixes as of January 3, 2020 and December 28, 2018 and the asset allocation guidelines for such plans are summarized as follows.
Domestic Plans
 January 3, 2020Allocation Guidelines
 MinTargetMax
Global equities42.5 %30 %37 %45 %
Debt securities:
     Domestic treasuries20.9  —  24  40  
     Corporate bonds7.0  —  8  40  
     Other14.4  9  14  19  
Total debt securities42.3  9  46  99  
Property/real estate15.2  9  16  23  
Other—  —  1  5  
100.0 %100 %
Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)
The following table sets forth the changes and the end of year components of "Accumulated other comprehensive loss" for the defined benefit plans:
(In millions)January 3,
2020		December 28,
2018
Changes to Balance:
Beginning balance$126.7  $112.2  
Recognized prior service cost3.8  4.0  
Recognized net actuarial gain(8.5) (7.5) 
Settlement(0.4) —  
Prior service cost arising in current year—  0.4  
Net actuarial loss arising in current year20.4  21.8  
Foreign currency exchange rate changes2.5  (4.2) 
Ending balance$144.5  $126.7  
Accumulated Other Comprehensive Income (Loss) for Benefit Plans
Components of Balance:
Prior service credit$(9.0) $(12.8) 
Net actuarial loss153.5  139.5  
$144.5  $126.7  
Schedule of Amounts in Accumulated Other Comprehensive Income (Loss) to be Recognized over Next Fiscal Year
Amounts in "Accumulated other comprehensive loss" expected to be recognized as components of net period pension cost in 2020 are as follows:
(In millions)
Amortization of prior service credit$(3.4) 
Amortization of actuarial loss9.4  
Total amortization expected$6.0  
Reconciliation of Net Funded Status of Pension Plans
The following represents a reconciliation of the funded status of the Company's pension plans for fiscal years 2019 and 2018:
Pension Benefits
 Domestic PlansForeign PlansTotal
(In millions)201920182019201820192018
Change in projected benefit obligation:
Beginning balance$261.5  $275.8  $242.6  $257.6  $504.1  $533.4  
Service cost3.1  3.5  5.7  5.9  8.8  9.4  
Interest cost10.9  10.3  6.9  6.8  17.8  17.1  
Actuarial loss (gain)41.4  (19.9) 34.8  (4.0) 76.2  (23.9) 
Benefits paid from plan assets(18.5) (7.4) (7.9) (8.1) (26.4) (15.5) 
Benefits paid from Company assets(1.2) (0.8) —  —  (1.2) (0.8) 
Plan amendment—  —  —  0.5  —  0.5  
Settlement—  —  (1.5) (0.5) (1.5) (0.5) 
Plan participants contributions—  —  0.1  0.1  0.1  0.1  
Foreign currency exchange rate changes—  —  8.7  (15.7) 8.7  (15.7) 
Other—  —  (0.1) —  (0.1) —  
Ending balance$297.2  $261.5  $289.3  $242.6  $586.5  $504.1  
Change in plan assets at fair value:
Beginning balance$260.4  $280.8  $188.5  $209.1  $448.9  $489.9  
Actual return on plan assets55.6  (13.0) 25.5  (6.9) 81.1  (19.9) 
Company contributions to plan assets—  —  6.3  7.4  6.3  7.4  
Benefits paid from plan assets(18.5) (7.4) (7.9) (8.1) (26.4) (15.5) 
Settlement—  —  (1.5) (0.5) (1.5) (0.5) 
Plan participants contributions—  —  0.1  0.1  0.1  0.1  
Foreign currency exchange rate changes—  —  7.1  (12.6) 7.1  (12.6) 
Other—  —  (0.1) —  (0.1) —  
Ending balance$297.5  $260.4  $218.0  $188.5  $515.5  $448.9  
Reconciliation of funded status:
Projected benefit obligation$(297.2) $(261.5) $(289.3) $(242.6) $(586.5) $(504.1) 
Plan assets at fair value297.5  260.4  218.0  188.5  515.5  448.9  
Funded status$0.3  $(1.1) $(71.3) $(54.1) $(71.0) $(55.2) 
Included in the 2019 and 2018 funded status is accrued benefit cost of approximately $17.5 million and $16.5 million, respectively, related to two non-qualified plans, which cannot be funded pursuant to tax regulations.
Noncurrent asset$17.8  $15.4  $0.2  $0.2  $18.0  $15.6  
Current liability(1.1) (1.2) —  —  (1.1) (1.2) 
Noncurrent liability(16.4) (15.3) (71.5) (54.3) (87.9) (69.6) 
Funded status$0.3  $(1.1) $(71.3) $(54.1) $(71.0) $(55.2) 
Weighted-average assumptions used for measurement of the projected benefit obligation:
Discount rate3.33 %4.28 %2.15 %2.84 %2.75 %3.59 %
Salary growth rate3.75 %3.75 %3.28 %3.26 %3.51 %3.51 %
Components of Net Periodic Benefit Costs
The following represents the funded components of net periodic pension cost (benefit) as reflected in the Company's Consolidated Statements of Income and the weighted-average assumptions used to measure net periodic pension cost for the years ended January 3, 2020, December 28, 2018 and December 29, 2017:
 Pension Benefits
 Domestic PlansForeign PlansTotal
(In millions)201920182017201920182017201920182017
Recorded in operating expenses:
Service cost$3.1  $3.5  $4.7  $5.7  $5.9  $5.9  $8.8  $9.4  $10.6  
Recorded in other, net:
Interest cost10.9  10.3  11.1  6.9  6.8  6.9  17.8  17.1  18.0  
Expected return on plan assets(14.4) (16.0) (14.9) (11.0) (9.8) (8.8) (25.4) (25.8) (23.7) 
Net amortization1.6  0.6  2.5  3.2  2.9  3.0  4.8  3.5  5.5  
Settlement charge—  —  —  0.4  0.1  —  0.4  0.1  —  
Total recorded in other, net$(1.9) (5.1) (1.3) (0.5) —  1.1  (2.4) (5.1) (0.2) 
Total net periodic pension cost (benefit)$1.2  $(1.6) $3.4  $5.2  $5.9  $7.0  $6.4  $4.3  $10.4  
Weighted-Average Assumptions Used to Measure Net Periodic Benefit Cost
Weighted-average assumption used to measure net periodic pension (benefit) cost:
Discount rate4.28 %3.78 %4.36 %2.84 %2.70 %2.99 %3.59 %3.26 %3.73 %
Expected return on plan assets6.25 %6.25 %6.25 %5.68 %4.81 %4.79 %6.01 %5.63 %5.59 %
Salary growth rate3.75 %3.76 %4.63 %3.26 %3.04 %3.01 %3.51 %3.36 %3.73 %
Assets Measured at Fair Value on a Recurring Basis
Disclosures concerning assets measured at fair value on a recurring basis at January 3, 2020 and December 28, 2018, which have been categorized under the fair value hierarchy for the Domestic and Foreign Plans by the Company are as follows:

As of January 3, 2020
 Domestic PlansForeign PlansTotal
(In millions)Level 1Level 2Level 3TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Asset Categories:
Equity securities:
Domestic$—  $—  $—  $—  $—  $0.8  $—  $0.8  $—  $0.8  $—  $0.8  
International (a)
—  —  —  —  —  —  —  —  —  —  —  —  
      Global—  126.3  —  126.3  39.8  45.9  —  85.7  39.8  172.2  —  212.0  
Debt securities:
Domestic treasuries—  62.2  —  62.2  —  0.8  —  0.8  —  63.0  —  63.0  
Corporate bonds—  20.7  —  20.7  —  17.8  —  17.8  —  38.5  —  38.5  
      Other—  43.0  —  43.0  —  80.8  —  80.8  —  123.8  —  123.8  
Property/real estate—  —  45.3  45.3  —  13.7  —  13.7  —  13.7  45.3  59.0  
Insurance products—  —  —  —  —  18.1  —  18.1  —  18.1  —  18.1  
Other—  —  —  —  0.3  —  —  0.3  0.3  —  —  0.3  
Total at January 3, 2020$—  $252.2  $45.3  $297.5  $40.1  $177.9  $—  $218.0  $40.1  $430.1  $45.3  $515.5  
(a)Investment in funds outside the country where the pension plan originates is considered International.
 As of December 28, 2018
 Domestic PlansForeign PlansTotal
(In millions)Level 1Level 2Level 3TotalLevel 1Level 2Level 3TotalLevel 1Level 2Level 3Total
Asset Categories:
Equity securities:
Domestic$—  $—  $—  $—  $—  $44.1  $—  $44.1  $—  $44.1  $—  $44.1  
International (a)
—  —  —  —  —  68.2  —  68.2  —  68.2  —  68.2  
      Global—  104.3  —  104.3  —  —  —  —  —  104.3  —  104.3  
Debt securities:
Domestic treasuries—  40.5  —  40.5  —  44.2  —  44.2  —  84.7  —  84.7  
Corporate bonds—  42.4  —  42.4  —  12.3  —  12.3  —  54.7  —  54.7  
      Other—  38.0  —  38.0  —  —  —  —  —  38.0  —  38.0  
Property/real estate—  —  32.7  32.7  —  0.3  —  0.3  —  0.3  32.7  33.0  
Insurance products—  —  —  —  —  18.6  —  18.6  —  18.6  —  18.6  
Other2.5  —  —  2.5  0.8  —  —  0.8  3.3  —  —  3.3  
Total at December 28, 2018$2.5  $225.2  $32.7  $260.4  $0.8  $187.7  $—  $188.5  $3.3  $412.9  $32.7  $448.9  
(a)Investment in funds outside the country where the pension plan originates is considered International.
Change in Level 3 Assets Measured at Fair Value on a Recurring Basis
Changes in Anixter's Level 3 plan assets, which are included in operations, for the years ended January 3, 2020 and December 28, 2018 included:
(In millions)December 28, 2018 BalanceActual return on plan assetsPurchases, sales and settlementsJanuary 3, 2020 Balance
Asset Categories:
Property/real estate$32.7  $3.1  $9.5  $45.3  
Total Level 3 investments$32.7  $3.1  $9.5  $45.3  
(In millions)December 29, 2017 BalancePurchases, sales and settlementsDecember 28, 2018 Balance
Asset Categories:
Property/real estate$—  $32.7  $32.7  
Total Level 3 investments$—  $32.7  $32.7  
Estimated Future Benefit Payments
The Company estimated future benefits payments are as follows at the end of 2019:
 Estimated Future Benefit Payments
(In millions)DomesticForeignTotal
2020$10.9  $5.6  $16.5  
202111.6  5.6  17.2  
202212.4  6.1  18.5  
202313.2  6.6  19.8  
202414.2  7.2  21.4  
2025-202980.6  53.2  133.8  
Total$142.9  $84.3  $227.2