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Fair Value Measurements (Tables)
 9 Months Ended
Sep. 28, 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
September 28, 2019
 
 
 
 
 
 
 
Money market fund
$
13.3

 
$
13.3

 
$
—

 
$
—

Derivative assets
$
84.0

 
$
—

 
$
84.0

 
$
—

Derivative liabilities
$
98.6

 
$
—

 
$
98.6

 
$
—

Non-derivative hedging instrument
$
874.3

 
$
—

 
$
874.3

 
$
—

Contingent consideration liability
$
190.2

 
$
—

 
$
—

 
$
190.2

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
 
September 28, 2019
 
December 29, 2018
(Millions of Dollars)
Carrying
Value
 
Fair
Value
 
Carrying
Value
 
Fair
Value
Other investments
$
6.4

 
$
6.8

 
$
7.6

 
$
7.7

Long-term debt, including current portion
$
3,911.9

 
$
4,376.5

 
$
3,822.3

 
$
3,905.4