FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jun. 29, 2014

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured on a Recurring Basis

The cash surrender value of the life insurance policies is invested primarily in mutual funds. The following items were measured at fair value on a recurring basis:

	June 29, 2014
	Level 1			Level 2			Level 3		Total
	(In thousands)
Derivative assets - commodity futures instruments	$	4,126		$	—		$	—	$	4,126
Derivative assets - commodity options instruments	—			16			—		16
Deferred compensation plan assets	7,189			—			—		7,189
Derivative liabilities - commodity futures instruments	(3,928		)	—			—		(3,928		)
Derivative liabilities - commodity options instruments	—			(4,238		)	—		(4,238		)
Derivative liabilities - foreign currency instruments	(396		)	—			—		(396		)
Long-term debt and other borrowing arrangements:
Public bonds and notes	535,404			—			—		535,404
Capitalized lease obligations	—			—			672		672

	December 29, 2013
	Level 1			Level 2		Level 3		Total
	(In thousands)
Short-term investments in available-for-sale securities	$	—		$	96,902	$	—	$	96,902
Derivative assets - commodity futures instruments	1,494			—		—		1,494
Derivative assets - commodity options instruments	—			1,395		—		1,395
Derivative assets - foreign currency instruments	1,214			—		—		1,214
Deferred compensation plan assets	7,208			—		—		7,208
Derivative liabilities - commodity futures instruments	(1,728		)	—		—		(1,728		)
Long-term debt and other borrowing arrangements:
Public bonds and notes	552,592			—		—		552,592
Term notes	—			—		424,650		424,650
Capitalized lease obligations	—			—		704		704

Schedule of Change in Value of Level 3 Liabilities

	Term Notes and Revolver						Capitalized Lease Obligations
	Twenty-Six Weeks Ended						Twenty-Six Weeks Ended
	June 29, 2014			June 30, 2013			June 29, 2014			June 30, 2013
Change in Value of Level 3 Liabilities:	(In thousands)
Balance, beginning of period	$	424,650		$	686,435		$	704		$	880
Borrowings	—			509,500			—			—
Payments	(410,099		)	(762,091		)	(66		)	(61		)
Change in fair value inputs	(14,551		)	(7,620		)	34			(32		)
Balance, end of period	$	—		$	426,224		$	672		$	787

Schedule of Carrying Amounts and Estimated Fair Values of Financial Assets and Liabilities

The carrying amounts and estimated fair values of financial assets and liabilities recorded in the Condensed Consolidated Balance Sheets consisted of the following:

	June 29, 2014						December 29, 2013
	Carrying Amount			Fair Value			Carrying Amount			Fair Value			Note Reference
				(In thousands)
Short-term investments in available-for-sale securities	$	—		$	—		$	96,902		$	96,902		5
Derivative assets - commodity futures instruments	4,126			4,126			1,494			1,494			6
Derivative assets - commodity options instruments	16			16			1,395			1,395			6
Derivative assets - foreign currency instruments	—			—			1,214			1,214			6
Deferred compensation plan assets	7,189			7,189			7,208			7,208
Derivative liabilities - commodity futures instruments	(3,928		)	(3,928		)	(1,728		)	(1,728		)	6
Derivative liabilities - commodity options instruments	(4,238		)	(4,238		)	—			—			6
Derivative liabilities - foreign currency instruments	(396		)	(396		)	—			—			6
Long-term debt and other borrowing arrangements	502,296			536,077			(912,233		)	(977,946		)	9