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Fair Value Measurement (Tables)
6 Months Ended
Jul. 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 July 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
$
17,686

$

$
17,686

$

Total Assets
$
17,686

$

$
17,686

$

 
 
 
 
 
Liabilities:
 
 
 
 
Derivative instruments
$
1,478

$

$
1,478

$

5.375% Senior notes
515,000


515,000


4.75% Senior notes
578,381


578,381


Term loan A
248,992


248,992


Term loan B
588,318


588,318


Revolver debt
3,811


3,811


Total Liabilities
$
1,935,980

$

$
1,935,980

$



 
 
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

$