FAIR VALUE (Tables)
9 Months Ended
Oct. 01, 2016
Fair Value Disclosures [Abstract]  
Reconciliation of investments in equity securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3)
The table below presents a reconciliation of our investment in equity securities measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the nine months ended October 1, 2016 and September 26, 2015, including net unrealized gains (losses) recorded to “Other income (expense), net.”
 
Nine months ended
 
October 1, 2016
 
September 26, 2015
Balance at beginning of year
$
8.1

 
$
7.4

Unrealized gains (losses) recorded to earnings
(0.2
)
 
0.9

Balance at end of period
$
7.9

 
$
8.3

Estimated fair values of other financial liabilities not measured at fair value on a recurring basis
The estimated fair values of other financial liabilities (excluding capital leases and deferred financing fees) not measured at fair value on a recurring basis as of October 1, 2016 and December 31, 2015 were as follows:
 
October 1, 2016
 
December 31, 2015
 
Carrying Amount
 
Fair Value
 
Carrying Amount
 
Fair Value
Domestic revolving loan facility
$
73.0

 
$
73.0

 
$

 
$

Term loan(1)
395.0

 
395.0

 
400.0

 
400.0

5.625% Senior notes(1)
300.0

 
303.0

 

 

5.875% Senior notes(1)
300.0

 
303.8

 

 

6.875% Senior notes(1)

 

 
600.0

 
637.5

Trade receivables financing arrangement
26.2

 
26.2

 

 

Other indebtedness
17.0

 
17.0

 
28.0

 
28.0

(1)
Carrying amount reflected herein excludes related deferred financing fees.