FAIR VALUE MEASUREMENTS (Tables)

6 Months Ended

Jul. 04, 2026

Schedule of Financial Assets and Liabilities Measured at Fair Value on Recurring Basis

The following table presents the Company’s financial assets and liabilities that are measured at fair value on a recurring basis for each of the hierarchy levels:



(Millions of Dollars)	Total Carrying Value		Level 1		Level 2		Level 3
July 4, 2026
Money market fund	$	17.6	$	17.6	$	—	$	—
Deferred compensation plan investments	$	12.4	$	12.4	$	—	$	—
Derivative assets	$	28.4	$	—	$	28.4	$	—
Derivative liabilities	$	17.8	$	—	$	17.8	$	—
Contingent consideration liability	$	101.4	$	—	$	—	$	101.4
January 3, 2026
Money market fund	$	16.9	$	16.9	$	—	$	—
Deferred compensation plan investments	$	15.0	$	15.0	$	—	$	—
Derivative assets	$	9.3	$	—	$	9.3	$	—
Derivative liabilities	$	28.5	$	—	$	28.5	$	—
Non-derivative hedging instrument	$	555.6	$	—	$	555.6	$	—
Contingent consideration liability	$	109.5	$	—	$	—	$	109.5

Schedule of Financial Assets and Liabilities Not Carried at Fair Value

The following table provides information about the Company's financial assets and liabilities not carried at fair value:


	July 4, 2026				January 3, 2026
(Millions of Dollars)	Carrying Value		Fair Value		Carrying Value		Fair Value
Other investments	$	—	$	—	$	2.0	$	1.9
Long-term debt, including current portion	$	4,757.9	$	4,291.3	$	5,258.1	$	4,844.4