Supplemental Financial Statement Information (Tables)

12 Months Ended

Dec. 31, 2023

Additional Financial Information Disclosure [Abstract]

Schedule of cash and cash equivalents

Cash and cash equivalents at December 31, 2023 and January 1, 2023 were as follows:

	Fiscal Year
(In millions)	2023		2022
Cash	$	329.8	$	164.9
Other short-term investments	414.1		419.1
Total cash and cash equivalents	$	743.9	$	584.0

Schedule of other non-operating income (expense)

Other income (expense) for the fiscal years ended December 31, 2023, January 1, 2023, and January 2, 2022 was as follows:

	Fiscal Year
(in millions)	2023		2022		2021
Rent, royalty income and other income	$	2.6	$	2.3	$	1.1
Gains from disposal of property, plant and equipment, net	0.3		0.2		2.9
Net equity income (loss) on joint ventures (See Note 7)	(1.6)		12.6		0.1
Gain on sales of businesses, net (See Note 6)	—		—		13.8
Joint venture restructuring credit (charge) (See Note 7)	—		0.9		—
Litigation settlement (See Note 21)	—		(28.5)		—
Other	—		—		0.3
Total other income (expense), net	$	1.3	$	(12.5)	$	18.2