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Fair Value Measurement (Tables)
3 Months Ended
Apr. 02, 2016
Fair Value Disclosures [Abstract]  
Fair value measured on recurring basis
The fair value hierarchy has three levels based on the reliability of the inputs used to determine the fair value. 

 
 
Fair Value Measurements at April 2, 2016 Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)
Total
(Level 1)
(Level 2)
(Level 3)
Assets:
 
 
 
 
Derivative instruments
$
5,121

$

$
5,121

$

Total Assets
$
5,121

$

$
5,121

$

 
 
 
 
 
Liabilities:
 
 
 
 
Derivative instruments
$
4,895

$

$
4,895

$

5.375% Senior notes
511,250


511,250


4.75% Senior notes
588,079


588,079


Term loan A
278,300


278,300


Term loan B
587,633


587,633


Revolver debt
21,638


21,638


Total Liabilities
$
1,991,795

$

$
1,991,795

$



 
 
Fair Value Measurements at January 2, 2016 Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)
Total
(Level 1)
(Level 2)
(Level 3)
Assets:
 
 
 
 
Derivative instruments
$
4,458

$

$
4,458

$

Total Assets
$
4,458

$

$
4,458

$

 
 
 
 
 
Liabilities:
 
 
 
 
Derivative instruments
$
4,437

$

$
4,437

$

5.375% Senior notes
495,000


495,000


4.75% Senior notes
541,280


541,280


Term loan A
277,874


277,874


Term loan B
577,710


577,710


Revolver debt
9,218


9,218


Total Liabilities
$
1,905,519

$

$
1,905,519

$