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FAIR VALUE MEASUREMENT (Tables) | 3 Months Ended
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Mar. 28, 2014
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):
| March 28, 2014
| Carrying Value |  | Total Fair Value |  | Level 1 |  | Level 2 |  | Level 3
Cash and cash equivalents (1) | $ | 128.8 |  |  | $ | 128.8 |  |  | $ | 128.8 |  |  | $ | — |  |  | $ | — |
Marketable securities classified as available-for-sale (2) | 36.3 |  |  | 36.3 |  |  | — |  |  | 36.3 |  |  | — |
Restricted cash and cash equivalents (1) | 62.0 |  |  | 62.0 |  |  | 62.0 |  |  | — |  |  | — |
Other restricted assets (3) | 7.4 |  |  | 7.4 |  |  | 7.4 |  |  | — |  |  | — |
Restricted investments classified as held-to-maturity (4) | 82.0 |  |  | 82.5 |  |  | — |  |  | 82.5 |  |  | — |
| December 27, 2013
| Carrying Value |  | Total Fair Value |  | Level 1 |  | Level 2 |  | Level 3
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 |  |  | — |
(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, corporate debt securities, municipal debt securities, and commercial paper, which are classified as available-for-sale. At March 28, 2014 and December 27, 2013, we had $4.5 million and $6.0 million of CDs with maturities greater than one year, which 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 assets consist 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.

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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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