| Fair Value, Assets Measured on Recurring and Nonrecurring 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 July 4, 2026 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 assets | $ | 25,806 | | $ | — | | $ | 25,806 | | $ | — | | | Total Assets | $ | 25,806 | | $ | — | | $ | 25,806 | | $ | — | | | | | | | | Liabilities | | | | | | Derivative liabilities | $ | 2,941 | | $ | — | | $ | 2,941 | | $ | — | | | | | | | | Total Liabilities | $ | 2,941 | | $ | — | | $ | 2,941 | | $ | — | |
| | | | | | | | | | | | | | | | | Fair Value Measurements at January 3, 2026 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 assets | $ | 23,590 | | $ | — | | $ | 23,590 | | $ | — | | | Total Assets | $ | 23,590 | | $ | — | | $ | 23,590 | | $ | — | | | | | | | | Liabilities | | | | | | Derivative liabilities | $ | 2,631 | | $ | — | | $ | 2,631 | | $ | — | | | | | | | | Total Liabilities | $ | 2,631 | | $ | — | | $ | 2,631 | | $ | — | |
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| Fair Value, by Balance Sheet Grouping |
Fair value of financial instruments that are not carried at fair value are as follows:
| | | | | | | | | | | | | | | | | Fair Value Measurements at July 4, 2026 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) | | Liabilities | | | | | | 6% Senior notes | $ | 1,005,500 | | $ | — | | $ | 1,005,500 | | $ | — | | | 5.25% Senior notes | 498,650 | | — | | 498,650 | | — | | | 4.5% Senior notes | 858,558 | | — | | 858,558 | | — | | | Term Loan A | 886,545 | | — | | 886,545 | | — | | | Revolver debt | 606,605 | | — | | 606,605 | | — | | | Total Liabilities | $ | 3,855,858 | | $ | — | | $ | 3,855,858 | | $ | — | |
| | | | | | | | | | | | | | | | | Fair Value Measurements at January 3, 2026 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) | | Liabilities | | | | | | 6% Senior notes | $ | 1,015,100 | | $ | — | | $ | 1,015,100 | | $ | — | | | 5.25% Senior notes | 499,000 | | — | | 499,000 | | — | | | 4.5% Senior notes | 890,063 | | — | | 890,063 | | — | | | Term Loan A | 891,023 | | — | | 891,023 | | — | | | Revolver debt | 592,133 | | — | | 592,133 | | — | | | Total Liabilities | $ | 3,887,319 | | $ | — | | $ | 3,887,319 | | $ | — | |
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