BILLINGS IN EXCESS OF COSTS AND ACCRUED EARNINGS ON CONTRACTS

12 Months Ended

Jan. 03, 2014

Notes to Financial Statements [Abstract]

BILLINGS IN EXCESS OF COSTS AND ACCRUED EARNINGS ON CONTRACTS

NOTE10. BILLINGS IN EXCESS OF COSTS AND ACCRUED EARNINGS ON CONTRACTS

The following table summarizes the components of billings in excess of costs and accrued earnings on contracts:

		January 3,		December 28,
(In millions)		2014		2012
Billings in excess of costs and accrued earnings on contracts		$	193.1	$	211.7
Project-related legal liabilities and other project-related reserves			28.0		55.2
Advance payments negotiated as a contract condition			6.4		9.8
Normal profit liabilities			0.8		4.8
Estimated losses on uncompleted contracts			4.8		7.6
	Total	$	233.1	$	289.1