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FAIR VALUE MEASUREMENT (Tables)
 12 Months Ended
Dec. 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 (in millions):
 
December 27, 2013
 
Carrying Value
 
Total Fair Value
 
Level 1
 
Level 2
 
Level 3
Financial assets:
 
 
 
 
 
 
 
 
 
Cash and cash equivalents (1)
$
122.0

 
$
122.0

 
$
122.0

 
$
—

 
$
—

Marketable securities classified as available-for-sale (2)
20.7

 
20.7

 
—

 
20.7

 
—

Restricted cash and cash equivalents (1)
57.1

 
57.1

 
57.1

 
—

 
—

Other restricted assets (3)
10.8

 
10.8

 
10.8

 
—

 
—

Restricted investments classified as held-to-maturity (4)
86.7

 
86.9

 
—

 
86.9

 
—

 
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

 
—


(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, VRDNs, and commercial paper, which are classified as available-for-sale. Our CDs include $6.0 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)
Primarily consists of restricted cash in money market accounts and deferred compensation plan accounts, which are comprised of mutual funds.
(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.