FAIR VALUE (Tables)

3 Months Ended

Mar. 30, 2013

FAIR VALUE

Schedule of assets and liabilities measured at fair value on a recurring basis

Assets and liabilities measured at fair value on a recurring basis include the following as of March 30, 2013:

	Fair Value Measurements Using
	Level 1		Level 2		Level 3
Current assets — FX embedded derivatives and FX forward contracts	$	—	$	7.4	$	—
Noncurrent assets — Investment in equity securities	3.1		—		7.3
Current liabilities — FX embedded derivatives and commodity contracts	—		6.8		—
Other long-term liabilities — FX embedded derivatives	—		2.2		—

Assets and liabilities measured at fair value on a recurring basis include the following as of December 31, 2012:

	Fair Value Measurements Using
	Level 1		Level 2		Level 3
Current assets — FX embedded derivatives, FX forward contracts and commodity contracts	$	—	$	0.7	$	—
Noncurrent assets — Investment in equity securities	3.6		—		7.5
Current liabilities — FX forward contracts and FX embedded derivatives	—		1.3		—
Other long-term liabilities — FX embedded derivatives	—		9.8		—

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

	Three months ended
	March 30, 2013			March 31, 2012
Balance at beginning of period	$	7.5		$	7.8
Unrealized gains (losses) recorded to earnings	(0.2		)	0.4
Balance at end of period	$	7.3		$	8.2

Schedule of estimated fair values of other financial liabilities (excluding capital leases) not measured at fair value on a recurring basis

	March 30, 2013				December 31, 2012
	Carrying				Carrying
	Amount		Fair Value		Amount		Fair Value
Senior notes	$	1,100.0	$	1,214.0	$	1,100.0	$	1,217.8
Term loan	475.0		475.0		475.0		475.0
Other indebtedness	37.5		37.5		34.7		34.7