Accounting Pronouncements	3 Months Ended
Apr. 02, 2016
Accounting Changes and Error Corrections [Abstract]
Accounting Pronouncements	Accounting Pronouncements Revenue Recognition The Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, "Revenue from Contracts with Customers (Topic 606)," ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date," ASU 2016-08, "Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net)," and ASU 2016-10, "Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing," all of which amend existing revenue recognition guidance and require additional financial statement disclosures. The provisions of these updates are effective as of January 1, 2018, and may be applied through either a full retrospective or a modified retrospective approach. The Company is currently evaluating the impact of these updates. Going Concern The FASB issued ASU 2014-15, "Presentation of Financial Statements — Going Concern," which requires management to make a going concern assessment for 24 months after the financial statement date. Previously, this assessment was made by the Company's independent registered public accounting firm. The provisions of this update are effective as of December 31, 2016, and are not expected to significantly impact the Company. Extraordinary Items The FASB issued ASU 2015-01, "Income Statement — Extraordinary and Unusual Items," which eliminates the concept of extraordinary items. The provisions of this update were effective as of January 1, 2016. The effects of adoption were not significant. Consolidation The FASB issued ASU 2015-02, "Amendments to the Consolidation Analysis," which provides guidance related to the application of both the variable interest and voting interest consolidation models. The provisions of this update were effective as of January 1, 2016. The effects of adoption were not significant. Inventory The FASB issued ASU 2015-11, "Simplifying the Measurement of Inventory," which requires entities to measure inventory at the lower of cost or net realizable value rather than at the lower of cost or market. The provisions of this update are effective as of January 1, 2017 (with early adoption permitted) and are not expected to significantly impact the Company. Business Combinations The FASB issued ASU 2015-16, "Simplifying the Accounting for Measurement-Period Adjustments," which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. The provisions of this update were effective as of January 1, 2016. The effects of adoption were not significant. Financial Instruments The FASB issued ASU 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities," which requires equity investments in unconsolidated entities (other than those accounted for using the equity method of accounting) to be measured at fair value through earnings. A practicability exception exists for equity investments without readily determinable fair values. The provisions of this update are effective as of January 1, 2018 (with early adoption of certain provisions permitted) and are not expected to significantly impact the Company. The Company accounts for its investments in certain marketable equity securities under the fair value option (Note 15, "Financial Instruments"). Leases The FASB issued ASU 2016-02, "Leases,” which generally requires that a lessee recognize on its balance sheet right-of-use assets and corresponding liabilities resulting from leasing transactions, as well as additional required financial statement disclosures. Currently, U.S. GAAP only requires such balance sheet recognition for leases classified as capital leases. The provisions of this update apply to substantially all leased assets, with certain permitted exceptions, and are effective as of January 1, 2019. ASU 2016-02 must be adopted using a modified retrospective approach, which requires adoption as of the beginning of the earliest comparative financial statement period presented. The Company’s leases cover principally buildings and transportation equipment, and the Company incurred related rental expense of $126.2 million for the year ended December 31, 2015. The Company is currently evaluating the impact of this update. For additional information on the Company’s operating lease commitments, see Note 11, "Commitments and Contingencies," to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015. Derivatives and Hedging The FASB issued ASU 2016-05, "Derivatives and Hedging (Topic 815): Effects of Derivative Contract Novations on Existing Hedge Accounting Relationships," and ASU 2016-06, "Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instruments." The ASUs provide clarification when there is a change in a counterparty to a derivative hedging instrument and the steps required when assessing the economic characteristics of embedded put or call options. The provisions of these updates are effective as of January 1, 2017 (with early adoption permitted) and are not expected to significantly impact the Company. Equity Method of Accounting The FASB issued ASU 2016-07, "Investments-Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to Equity Method of Accounting," which eliminates the retroactive application when investments become qualified for the equity method of accounting as a result of an increase in the level of ownership or degree of influence. The provisions of this update are effective as of January 1, 2017 (with early adoption permitted) and are not expected to significantly impact the Company. Stock-Based Compensation The FASB issued ASU 2016-09, "Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting,” which simplifies several aspects of the accounting for share-based payment awards to employees and includes provisions related to income taxes, the liability or equity classification of share-based payment awards and statement of cash flow presentation. The income tax related provisions of this update are expected to significantly impact the Company and must be adopted through a cumulative effect adjustment to retained earnings as of the beginning of the period in which the update is adopted. Specifically, this update requires that income tax effects associated with share-based payment awards be recognized in the income statement when such awards vest or settle. Currently, certain of these income tax effects are required to be recorded in additional paid-in-capital to the extent that such tax benefits are realized through a reduction to current income tax payable. Tax benefits that do not result in a reduction to current income tax payable are recorded as a reduction to long-term deferred tax assets. As of December 31, 2015, the Company had tax benefits related to share-based payment awards of $45.4 million, recorded as a reduction to long-term deferred tax assets, and $3.9 million, recorded in additional paid-in-capital. Adoption of this update would result in the elimination of such amounts from other long-term assets and additional paid-in-capital, with a corresponding $49.3 million increase to retained earnings. The provisions of this update are effective as of January 1, 2017 (with early adoption permitted).

Accounting Pronouncements

Revenue Recognition

The Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2014-09, "Revenue from Contracts with Customers (Topic 606)," ASU 2015-14, "Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date," ASU 2016-08, "Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations (Reporting Revenue Gross versus Net)," and ASU 2016-10, "Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing," all of which amend existing revenue recognition guidance and require additional financial statement disclosures. The provisions of these updates are effective as of January 1, 2018, and may be applied through either a full retrospective or a modified retrospective approach. The Company is currently evaluating the impact of these updates.

Going Concern

The FASB issued ASU 2014-15, "Presentation of Financial Statements — Going Concern," which requires management to make a going concern assessment for 24 months after the financial statement date. Previously, this assessment was made by the Company's independent registered public accounting firm. The provisions of this update are effective as of December 31, 2016, and are not expected to significantly impact the Company.

Extraordinary Items

The FASB issued ASU 2015-01, "Income Statement — Extraordinary and Unusual Items," which eliminates the concept of extraordinary items. The provisions of this update were effective as of January 1, 2016. The effects of adoption were not significant.

Consolidation

The FASB issued ASU 2015-02, "Amendments to the Consolidation Analysis," which provides guidance related to the application of both the variable interest and voting interest consolidation models. The provisions of this update were effective as of January 1, 2016. The effects of adoption were not significant.

Inventory

The FASB issued ASU 2015-11, "Simplifying the Measurement of Inventory," which requires entities to measure inventory at the lower of cost or net realizable value rather than at the lower of cost or market. The provisions of this update are effective as of January 1, 2017 (with early adoption permitted) and are not expected to significantly impact the Company.

Business Combinations

The FASB issued ASU 2015-16, "Simplifying the Accounting for Measurement-Period Adjustments," which eliminates the requirement for an acquirer in a business combination to account for measurement-period adjustments retrospectively. The provisions of this update were effective as of January 1, 2016. The effects of adoption were not significant.

Financial Instruments

The FASB issued ASU 2016-01, "Recognition and Measurement of Financial Assets and Financial Liabilities," which requires

equity investments in unconsolidated entities (other than those accounted for using the equity method of accounting) to be measured at fair value through earnings. A practicability exception exists for equity investments without readily determinable fair values. The provisions of this update are effective as of January 1, 2018 (with early adoption of certain provisions permitted) and are not expected to significantly impact the Company.

The Company accounts for its investments in certain marketable equity securities under the fair value option (Note 15, "Financial Instruments").

Leases

The FASB issued ASU 2016-02, "Leases,” which generally requires that a lessee recognize on its balance sheet right-of-use assets and corresponding liabilities resulting from leasing transactions, as well as additional required financial statement disclosures. Currently, U.S. GAAP only requires such balance sheet recognition for leases classified as capital leases. The provisions of this update apply to substantially all leased assets, with certain permitted exceptions, and are effective as of January 1, 2019. ASU 2016-02 must be adopted using a modified retrospective approach, which requires adoption as of the beginning of the earliest comparative financial statement period presented. The Company’s leases cover principally buildings and transportation equipment, and the Company incurred related rental expense of $126.2 million for the year ended December 31, 2015. The Company is currently evaluating the impact of this update.

For additional information on the Company’s operating lease commitments, see Note 11, "Commitments and Contingencies," to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2015.

Derivatives and Hedging

The FASB issued ASU 2016-05, "Derivatives and Hedging (Topic 815): Effects of Derivative Contract Novations on Existing Hedge Accounting Relationships," and ASU 2016-06, "Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instruments." The ASUs provide clarification when there is a change in a counterparty to a derivative hedging instrument and the steps required when assessing the economic characteristics of embedded put or call options. The provisions of these updates are effective as of January 1, 2017 (with early adoption permitted) and are not expected to significantly impact the Company.

Equity Method of Accounting

The FASB issued ASU 2016-07, "Investments-Equity Method and Joint Ventures (Topic 323): Simplifying the Transition to Equity Method of Accounting," which eliminates the retroactive application when investments become qualified for the equity method of accounting as a result of an increase in the level of ownership or degree of influence. The provisions of this update are effective as of January 1, 2017 (with early adoption permitted) and are not expected to significantly impact the Company.

Stock-Based Compensation

The FASB issued ASU 2016-09, "Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting,” which simplifies several aspects of the accounting for share-based payment awards to employees and includes provisions related to income taxes, the liability or equity classification of share-based payment awards and statement of cash flow presentation. The income tax related provisions of this update are expected to significantly impact the Company and must be adopted through a cumulative effect adjustment to retained earnings as of the beginning of the period in which the update is adopted. Specifically, this update requires that income tax effects associated with share-based payment awards be recognized in the income statement when such awards vest or settle. Currently, certain of these income tax effects are required to be recorded in additional paid-in-capital to the extent that such tax benefits are realized through a reduction to current income tax payable. Tax benefits that do not result in a reduction to current income tax payable are recorded as a reduction to long-term deferred tax assets. As of December 31, 2015, the Company had tax benefits related to share-based payment awards of $45.4 million, recorded as a reduction to long-term deferred tax assets, and $3.9 million, recorded in additional paid-in-capital. Adoption of this update would result in the elimination of such amounts from other long-term assets and additional paid-in-capital, with a corresponding $49.3 million increase to retained earnings. The provisions of this update are effective as of January 1, 2017 (with early adoption permitted).