Fair Value Measurements (Tables)

9 Months Ended

Sep. 26, 2020

Fair Value Measurements

Assets and liabilities carried at fair value, measured on a recurring basis

The assets and liabilities carried at fair value, measured on a recurring basis, as of September 26, 2020 were as follows:

			Fair Value Measurements Using
					Significant		Significant
			Quoted Prices		Other		Other
			in Active		Observable		Unobservable
			Markets		Inputs		Inputs
(In millions)	Total		(Level 1)		(Level 2)		(Level 3)
Assets
Investments	$	33.0	$	27.1	$	5.9	$	—
Derivative assets		8.3		.2		8.1		—
Bank drafts		19.5		19.5		—		—
Liabilities
Derivative liabilities	$	24.1	$	—	$	24.1	$	—

The assets and liabilities carried at fair value, measured on a recurring basis, as of December 28, 2019 were as follows:

			Fair Value Measurements Using
					Significant		Significant
			Quoted Prices		Other		Other
			in Active		Observable		Unobservable
			Markets		Inputs		Inputs
(In millions)	Total		(Level 1)		(Level 2)		(Level 3)
Assets
Investments	$	30.6	$	26.0	$	4.6	$	—
Derivative assets		5.2		—		5.2		—
Bank drafts		21.3		21.3		—		—
Liabilities
Derivative liabilities	$	6.0	$	.4	$	5.6	$	—