FAIR VALUE MEASUREMENTS (Tables)

3 Months Ended

Mar. 29, 2015

Fair Value Disclosures [Abstract]

Schedule of Assets and Liabilities Measured on a Recurring Basis

The following items were measured at fair value on a recurring basis:

	March 29, 2015
	Level 1			Level 2		Level 3			Total
	(In thousands)
Derivative assets - commodity futures instruments	$	4,338		$	—	$	—		$	4,338
Derivative assets - foreign currency instruments	899			—		—			899
Deferred compensation plan assets	6,522			—		—			6,522
Derivative liabilities - commodity futures instruments	(3,751		)	—		—			(3,751		)
Derivative liabilities - commodity options instruments	(531		)	—		—			(531		)
Derivative liabilities - foreign currency instruments	(240		)						(240		)
Long-term debt and other borrowing arrangements:
Fixed-rate senior notes payable at 5.75%	(510,000		)	—		—			(510,000		)
Floating-rate term notes	(650,000		)	—		—			(650,000		)
Fixed-rate capital lease obligations	—			—		(617		)	(617		)

	December 28, 2014
	Level 1			Level 2		Level 3			Total
	(In thousands)
Derivative assets - commodity futures instruments	$	8,416		$	—	$	—		$	8,416
Derivative assets - foreign currency instruments	2,563			—		—			2,563
Deferred compensation plan assets	6,753			—		—			6,753
Derivative liabilities - commodity futures instruments	(8,580		)	—		—			(8,580		)
Derivative liabilities - commodity options instruments	(14,103		)	—		—			(14,103		)
Long-term debt and other borrowing arrangements:
Fixed-rate public notes	(3,979		)	—		—			(3,979		)
Fixed-rate capital lease obligations	—			—		(587		)	(587		)

Schedule of Change in Value of Level 3 Liabilities

	Thirteen Weeks Ended
	March 29, 2015			March 30, 2014
Change in Value of Level 3 Liabilities:	(In thousands)
Balance, beginning of period	$	587		$	704
Borrowings	—			—
Payments	(36		)	(33		)
Change in fair value inputs	66			(3		)
Balance, end of period	$	617		$	668

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:

	March 29, 2015						December 28, 2014
	Carrying Amount			Fair Value			Carrying Amount			Fair Value			Note Reference
				(In thousands)
Derivative assets - commodity futures instruments	$	4,338		$	4,338		$	8,416		$	8,416		6
Derivative assets - commodity options instruments	—			—			—			—			6
Derivative assets - foreign currency instruments	899			899			2,563			2,563			6
Deferred compensation plan assets	6,522			6,522			6,753			6,753
Derivative liabilities - commodity futures instruments	(3,751		)	(3,751		)	(8,580		)	(8,580		)	6
Derivative liabilities - commodity options instruments	(531		)	(531		)	(14,103		)	(14,103		)	6
Derivative liabilities - foreign currency instruments	(240		)	(240		)	—			—			6
Long-term debt and other borrowing arrangements	(1,150,574		)	(1,160,617		)	(4,242		)	(4,566		)	9