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FAIR VALUE (Tables)
9 Months Ended
Oct. 01, 2011
FAIR VALUE 
Schedule of assets and liabilities measured at fair value on a recurring basis

Fair Value Measurements Using

 

 

 

Level 1

 

Level 2

 

Level 3

 

Current assets — FX embedded derivatives and FX forward contracts

 

$

 

$

1.9

 

$

 

Noncurrent assets — Investment in equity securities and available-for-sale securities

 

5.1

 

 

7.2

 

Current liabilities — FX forward contracts, FX embedded derivatives, and commodity contracts

 

 

33.7

 

 

Long-term liabilities — FX embedded derivatives

 

 

16.6

 

 

 

 

 

 

Fair Value Measurements Using

 

 

 

Level 1

 

Level 2

 

Level 3

 

Current assets — FX embedded derivatives, FX forward contracts and commodity contracts

 

$

 

$

4.1

 

$

 

Noncurrent assets — Investment in equity securities and available-for-sale securities

 

12.8

 

 

8.5

 

Current liabilities — FX forward contracts and FX embedded derivatives

 

 

6.1

 

 

Long-term liabilities — FX embedded derivatives

 

 

33.2

 

Schedule of reconciliation of investments in equity securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)

 

 

 

 

Nine months ended
October 1, 2011

 

Balance at beginning of year

 

$

8.5

 

Purchases

 

 

Losses included in earnings

 

(1.3

)

Balance at October 1, 2011

 

$

7.2