Financial Instruments and Derivatives Instruments (Tables)

6 Months Ended

Jul. 03, 2011

Financial Instruments and Derivatives Instruments

Schedule of fair value of financial assets and liabilities

	Fair Value Measurements at July 3, 2011 Using:
			Quoted Prices in Active Markets for Identical Assets		Significant Other Observable Inputs		Significant Unobservable Inputs
	Total		(Level 1)		(Level 2)		(Level 3)
	(in millions)
Assets
Plan asset for deferred compensation(1)	$	4.2	$	4.2	$		$	—
Total assets	$	4.2	$	4.2	$	—	$	—
Liabilities
Contingent consideration(2)	$	2.2	$	—	$	—	$	2.2
Plan liability for deferred compensation(2)	4.2		4.2		—		—
Total liabilities	$	6.4	$	4.2	$	—	$	2.2
	Fair Value Measurements at December 31, 2010 Using:
	Total		(Level 1)		(Level 2)		(Level 3)
	(in millions)
Assets
Plan asset for deferred compensation(1)	$	3.7	$	3.7	$	—	$	—
Total assets	$	3.7	$	3.7	$	—	$	—
Liabilities
Contingent consideration(2)	$	1.9	$	—	$	—	$	1.9
Plan liability for deferred compensation(2)	3.7		3.7		—		—
Total liabilities	$	5.6	$	3.7	$	—	$	1.9
	Fair Value Measurements at July 4, 2010 Using:
	Total		(Level 1)		(Level 2)		(Level 3)
	(in millions)
Assets
Plan asset for deferred compensation(1)	3.0		3.0		—		—
Total assets	$	3.0	$	3.0	$	—	$	—
Liabilities
Contingent consideration(2)	$	1.9	$	—	$	—	$	1.9
Plan liability for deferred compensation(2)	3.0		3.0		—		—
Total liabilities	$	4.9	$	3.0	$	—	$	1.9

(1) Included in other, net on the Company’s consolidated balance sheet.

(2) Included in other noncurrent liabilities on the Company’s consolidated balance sheet.

Summary of the changes in fair value of all financial assets and liabilities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)

	Balance		Purchases, sales,		Total realized and unrealized (gains) losses included in:
	December 31, 2010		settlements, net		Earnings		Comprehensive income		BalanceJuly 3, 2011
	(in millions)
Contingent consideration	$	1.9	$	—	$	0.3	$	—	$	2.2

Carrying amount and estimated fair market value of the company's long-term debt, including current portion

	July 3,		December 31,
	2011		2010
	(in millions)
Carrying amount	$	475.9	$	378.7
Estimated fair value	$	511.3	$	407.5