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Fair Value Measurement (Tables)
3 Months Ended
Apr. 01, 2017
Fair Value Disclosures [Abstract]  
Fair value measured on recurring basis
The fair value hierarchy has three levels based on the reliability of the inputs used to determine the fair value. 

 
 
Fair Value Measurements at April 1, 2017 Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)
Total
(Level 1)
(Level 2)
(Level 3)
Assets:
 
 
 
 
Derivative instruments
$
7,330

$

$
7,330

$

Total Assets
$
7,330

$

$
7,330

$

 
 
 
 
 
Liabilities:
 
 
 
 
Derivative instruments
$
828

$

$
828

$

5.375% Senior notes
518,750


518,750


4.75% Senior notes
577,845


577,845


Term loan A
121,464


121,464


Term loan B
588,169


588,169


Total Liabilities
$
1,807,056

$

$
1,807,056

$



 
 
Fair Value Measurements at December 31, 2016 Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
Significant Other
Observable
Inputs
Significant
Unobservable
Inputs
(In thousands of dollars)
Total
(Level 1)
(Level 2)
(Level 3)
Assets:
 
 
 
 
Derivative instruments
$
13,325

$

$
13,325

$

Total Assets
$
13,325

$

$
13,325

$

 
 
 
 
 
Liabilities:
 
 
 
 
Derivative instruments
$
730

$

$
730

$

5.375% Senior notes
520,300


520,300


4.75% Senior notes
575,111


575,111


Term loan A
120,403


120,403


Term loan B
593,347


593,347


Revolver debt
5,201


5,201


Total Liabilities
$
1,815,092

$

$
1,815,092

$