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FAIR VALUE MEASUREMENT (Tables) | 9 Months Ended
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Sep. 27, 2013
Fair Value Disclosures [Abstract] |
Schedule of fair value hierarchy for cash equivalents and restricted investments | The following tables present the fair value and hierarchy for our financial assets and liabilities (in millions):
| September 27, 2013
| Carrying Value |  | Total Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Financial assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents (1) | $ | 109.5 |  |  | $ | 109.5 |  |  | $ | 109.5 |  |  | $ | — |  |  | $ | — |
Marketable securities classified as available-for-sale (2) | 35.1 |  |  | 35.1 |  |  | — |  |  | 35.1 |  |  | — |
Restricted cash and cash equivalents (1) | 47.4 |  |  | 47.4 |  |  | 47.4 |  |  | — |  |  | — |
Other restricted assets (3) | 5.8 |  |  | 5.8 |  |  | 5.8 |  |  | — |  |  | — |
Restricted investments classified as held-to-maturity (4) | 85.3 |  |  | 85.7 |  |  | — |  |  | 85.7 |  |  | — |
Financial liabilities: |  |  |  |  |  |  |  |  |
Term loan (5) | 32.5 |  |  | 32.5 |  |  | — |  |  | 32.5 |  |  | — |
| December 28, 2012
| Carrying Value |  | Total Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Financial assets: |  |  |  |  |  |  |  |  |
Cash and cash equivalents (1) | $ | 129.5 |  |  | $ | 129.5 |  |  | $ | 129.5 |  |  | $ | — |  |  | $ | — |
Restricted cash and cash equivalents (1) | 38.1 |  |  | 38.1 |  |  | 38.1 |  |  | — |  |  | — |
Other restricted assets (3) | 7.0 |  |  | 7.0 |  |  | 7.0 |  |  | — |  |  | — |
Restricted investments classified as held-to-maturity (4) | 91.2 |  |  | 92.7 |  |  | — |  |  | 92.7 |  |  | — |
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(1) | Cash equivalents and restricted cash equivalents consist of money market funds, deposits, and investments with original maturities of three months or less.
(2) | Marketable securities include CDs and VRDNs, which are classified as available-for-sale. Our CDs include $5.8 million with maturities greater than one year and are classified as Other assets on our Consolidated Balance Sheets. VRDNs with contractual maturities beyond one year are classified as short-term based on their highly liquid nature and because they represent the investment of cash that is available for current operations. Despite the long-term nature of their stated contractual maturities, we routinely buy and sell these securities and believe we have the ability to quickly sell them to the re-marketing agent at par value plus accrued interest in the event we decide to liquidate our investment in a particular VRDN.
(3) | Other restricted investments primarily consist of deferred compensation investments, which are comprised of mutual funds. We have an offsetting accrued liability related to the deferred compensation plan.
(4) | Restricted investments classified as held-to-maturity consist of highly rated investment grade securities, primarily in municipal-debt securities, corporate-debt securities, asset-backed securities, and U.S. agency debentures.
(5) | In connection with our acquisition of MDT effective February 4, 2013, we entered into an unsecured Term Loan Agreement with Synovus Bank. The Term Loan has a variable interest rate and approximates fair value. See Note 9: Commitments and Contingencies for further discussion.

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- Definition Tabular disclosure of financial instruments measured at fair value, including those classified in shareholders' equity measured on a recurring or nonrecurring basis. Disclosures include, but are not limited to, fair value measurements recorded and the reasons for the measurements, level within the fair value hierarchy in which the fair value measurements are categorized and transfers between levels 1 and 2. Nonrecurring fair value measurements are those that are required or permitted in the statement of financial position in particular circumstances. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a,b,bb) -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19207-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2C -URI http://asc.fasb.org/extlink&oid=25499696&loc=SL7498348-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19279-110258 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=25499696&loc=d3e19190-110258 + Details
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