LONG-TERM INCENTIVE COMPENSATION (Tables)

12 Months Ended

Dec. 30, 2017

Long-Term Incentive Compensation

Summary of stock-based compensation expense from continuing operations and the related recognized tax benefit

(In millions)	2017		2016		2015
Stock-based compensation expense	$	30.2	$	27.2	$	26.3
Tax benefit		4.3		8.5		8.2

Schedule of weighted-average assumptions of options granted during the year

	2016
Risk-free interest rate		1.75	%
Expected stock price volatility		24.58	%
Expected dividend yield		2.58	%
Expected option term		6.5 years

Schedule of stock option activity

	Number of options (in thousands)		Weighted-average exercise price		Weighted-average remaining contractual life (in years)	Aggregate intrinsic value (in millions)
Outstanding at December 31, 2016	1,115.2		$	41.29	4.72	$	32.8
Exercised	(571.6	)		38.50
Outstanding at December 30, 2017	543.6		$	44.22	4.94	$	38.4
Options vested and expected to vest at December 30, 2017	527.4			43.30	4.83		37.7
Options exercisable at December 30, 2017	402.5		$	33.79	3.72	$	32.6

Performance Units (PUs)

Long-Term Incentive Compensation

Information related to awarded PUs

	Number of PUs (in thousands)			Weighted- average grant-date fair value
Unvested at December 31, 2016		490.8		$	58.47
Granted at target		164.4			82.15
Adjustment for above-target performance (1)		114.2			48.59
Vested		(231.5	)		48.26
Forfeited/cancelled		(52.8	)		66.08
Unvested at December 30, 2017		485.1		$	68.15

(1) Reflects adjustments for awards vesting based on above-target performance for the 2014-2016 performance period.

Market-leveraged stock units (MSUs)

Long-Term Incentive Compensation

Information related to awarded MSUs

	Number of MSUs (in thousands)			Weighted- average grant-date fair value
Unvested at December 31, 2016		530.7		$	62.09
Granted at target		123.7			91.40
Adjustments for above-target performance (1)		126.0			55.24
Vested		(342.0	)		56.33
Forfeited/cancelled		(34.8	)		71.15
Unvested at December 30, 2017		403.6		$	70.07

(1) Reflects adjustments for awards vesting based on above-target performance for each of the performance periods vesting in 2017.

Restricted Stock Units (RSUs)

Long-Term Incentive Compensation

Summary of information related to awarded RSUs

	Number of RSUs (in thousands)			Weighted- average grant-date fair value
Unvested at December 31, 2016		117.7		$	58.87
Granted		74.5			82.77
Vested		(47.6	)		55.72
Forfeited/cancelled		(4.2	)		59.53
Unvested at December 30, 2017		140.4		$	72.62