FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Dec. 29, 2012

Fair Value Disclosures [Abstract]

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s financial assets and liabilities that are measured at fair value on a recurring for each of the hierarchy levels (millions of dollars):

	Total Carrying Value		Level 1		Level 2
December 29, 2012:
Derivative assets	$	99.0	$	—	$	99.0
Derivatives liabilities	$	91.5	$	—	$	91.5
Money market fund	$	68.0	$	68.0	$	—
December 31, 2011:
Derivative assets	$	142.5	$	—	$	142.5
Derivatives liabilities	$	181.7	$	—	$	181.7
Money market fund	$	39.0	$	39.0	$	—

Summary of Company's Financial Instruments Carrying and Fair Values

The following table presents the carrying values and fair values of the Company's financial assets and liabilities, as well as the Company's debt, as of December 29, 2012 and December 31, 2011 (millions of dollars):

	December 29, 2012				December 31, 2011
	Carrying Value		Fair Value		Carrying Value		Fair Value
Long-term debt, including current portion	$	3,536.9	$	3,677.3	$	3,452.2	$	3,623.4
Derivative assets	$	99.0	$	99.0	$	142.5	$	142.5
Derivative liabilities	$	91.5	$	91.5	$	181.7	$	181.7