FAIR VALUE (Tables)

9 Months Ended

Sep. 26, 2015

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

Assets and liabilities measured at fair value on a recurring basis included the following as of September 26, 2015:



	Fair Value Measurements Using
	Level 1		Level 2		Level 3
Other current assets — FX embedded derivatives and FX forward contracts	$	—	$	8.9	$	—
Other assets — FX embedded derivatives	—		2.3		—
Accrued expenses — FX embedded derivatives, FX forward contracts and commodity contracts	—		6.6		—
Other long-term liabilities — FX embedded derivatives and FX forward contracts	—		0.8		—

Assets and liabilities measured at fair value on a recurring basis included the following as of December 31, 2014:



	Fair Value Measurements Using
	Level 1		Level 2		Level 3
Other current assets — FX embedded derivatives	$	—	$	4.1	$	—
Other assets — FX embedded derivatives	—		1.2		—
Accrued expenses — FX forward contracts, FX embedded derivatives and commodity contracts	—		9.4		—
Other long-term liabilities — FX embedded derivatives and FX forward contracts	—		0.7		—

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

Assets and liabilities measured at fair value on a recurring basis included the following as of September 26, 2015:



	Fair Value Measurements Using
	Level 1		Level 2		Level 3
Other current assets — FX embedded derivatives and FX forward contracts	$	—	$	8.9	$	—
Other assets — FX embedded derivatives	—		2.3		—
Accrued expenses — FX embedded derivatives, FX forward contracts and commodity contracts	—		6.6		—
Other long-term liabilities — FX embedded derivatives and FX forward contracts	—		0.8		—

Assets and liabilities measured at fair value on a recurring basis included the following as of December 31, 2014:



	Fair Value Measurements Using
	Level 1		Level 2		Level 3
Other current assets — FX embedded derivatives	$	—	$	4.1	$	—
Other assets — FX embedded derivatives	—		1.2		—
Accrued expenses — FX forward contracts, FX embedded derivatives and commodity contracts	—		9.4		—
Other long-term liabilities — FX embedded derivatives and FX forward contracts	—		0.7		—

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

The estimated fair values of other financial liabilities (excluding capital leases) not measured at fair value on a recurring basis as of September 26, 2015 and December 31, 2014 were as follows:



	September 26, 2015				December 31, 2014
	Carrying Amount		Fair Value		Carrying Amount		Fair Value
Senior notes	$	—	$	—	$	600.0	$	665.3
Term loan	350.0		350.0		575.0		575.0
Other indebtedness	70.2		70.2		181.1		181.1