Fair Value Measurements (Tables)

9 Months Ended

Oct. 03, 2015

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 basis for each of the hierarchy levels:

(Millions of Dollars)	Total Carrying Value		Level 1		Level 2
October 3, 2015:
Money market fund	$	10.2	$	10.2	$	—
Derivative assets	$	109.2	$	—	$	109.2
Derivative liabilities	$	98.7	$	—	$	98.7
January 3, 2015:
Money market fund	$	9.9	$	9.9	$	—
Derivative assets	$	144.2	$	—	$	144.2
Derivative liabilities	$	148.4	$	—	$	148.4

Summary of Financial Instruments Carrying and Fair Values

	October 3, 2015				January 3, 2015
(Millions of Dollars)	Carrying Value		Fair Value		Carrying Value		Fair Value
Money market fund	$	10.2	$	10.2	$	9.9	$	9.9
Other investments	$	11.7	$	11.9	$	11.7	$	11.9
Derivative assets	$	109.2	$	109.2	$	144.2	$	144.2
Derivative liabilities	$	98.7	$	98.7	$	148.4	$	148.4
Long-term debt, including current portion	$	3,852.3	$	4,230.5	$	3,845.7	$	4,323.8