Fair Value Measurements (Tables)

3 Months Ended

Mar. 30, 2019

Notes To Financial Statements [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 basis for each of the hierarchy levels:

(Millions of Dollars)	Total Carrying Value		Level 1		Level 2		Level 3
March 30, 2019
Money market fund	$	6.0	$	6.0	$	—	$	—
Derivative assets	$	55.5	$	—	$	55.5	$	—
Derivative liabilities	$	36.2	$	—	$	36.2	$	—
Non-derivative hedging instrument	$	898.1	$	—	$	898.1	$	—
Contingent consideration liability	$	174.3	$	—	$	—	$	174.3
December 29, 2018
Money market fund	$	4.8	$	4.8	$	—	$	—
Derivative assets	$	32.9	$	—	$	32.9	$	—
Derivative liabilities	$	21.3	$	—	$	21.3	$	—
Non-derivative hedging instrument	$	228.9	$	—	$	228.9	$	—
Contingent consideration liability	$	169.2	$	—	$	—	$	169.2

Summary of Financial Instruments Carrying and Fair Values

	March 30, 2019				December 29, 2018
(Millions of Dollars)	Carrying Value		Fair Value		Carrying Value		Fair Value
Other investments	$	6.4	$	6.7	$	7.6	$	7.7
Long-term debt, including current portion	$	3,912.5	$	4,159.1	$	3,822.3	$	3,905.4