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Fair Value Measurements (Tables) | 3 Months Ended
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Apr. 03, 2020
Fair Value Disclosures [Abstract] |
Assets And Liabilities Measured At Fair Value On A Recurring Basis | The fair value of assets and liabilities measured and recorded at fair value on a recurring basis at the end of period were as follows:
| Fair Values as of the end of the First Quarter of Fiscal 2020 |  | Fair Values as of Fiscal Year End 2019
(In millions) | Level I |  | Level II |  | Level III |  | Total |  | Level I |  | Level II |  | Level III |  | Total
Assets |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred compensation plan assets (1) | $ | 29.7 |  |  | $ | — |  |  | $ | — |  |  | $ | 29.7 |  |  | $ | 36.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 36.2 |
Derivatives assets (2) | — |  |  | 0.4 |  |  | — |  |  | 0.4 |  |  | — |  |  | 0.3 |  |  | — |  |  | 0.3 |
Total assets measured at fair value | $ | 29.7 |  |  | $ | 0.4 |  |  | $ | — |  |  | $ | 30.1 |  |  | $ | 36.2 |  |  | $ | 0.3 |  |  | $ | — |  |  | $ | 36.5 |
Liabilities |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Deferred compensation plan liabilities (1) | $ | 29.7 |  |  | $ | — |  |  | $ | — |  |  | $ | 29.7 |  |  | $ | 36.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 36.2 |
Derivatives liabilities (2) | — |  |  | 0.5 |  |  | — |  |  | 0.5 |  |  | — |  |  | 1.0 |  |  | — |  |  | 1.0 |
Contingent consideration liabilities (3) | — |  |  | — |  |  | 15.8 |  |  | 15.8 |  |  | — |  |  | — |  |  | 19.9 |  |  | 19.9 |
Total liabilities measured at fair value | $ | 29.7 |  |  | $ | 0.5 |  |  | $ | 15.8 |  |  | $ | 46.0 |  |  | $ | 36.2 |  |  | $ | 1.0 |  |  | $ | 19.9 |  |  | $ | 57.1 |
(1) | We maintain a self-directed, non-qualified deferred compensation plan for certain executives and other highly compensated employees. The plan assets and liabilities are invested in actively traded mutual funds and individual stocks valued using observable quoted prices in active markets.
(2) | Derivative assets and liabilities primarily represent forward currency exchange contracts to minimize the short-term impact of foreign currency exchange rates on certain trade and inter-company receivables and payables.
(3) Contingent consideration liabilities represent arrangements to pay the former owners of certain companies that we acquired. The fair values are estimated using scenario-based methods or option pricing methods based upon estimated future revenues, gross margins, or other milestones.

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- Definition Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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