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Balance Sheet Information (Tables)
6 Months Ended
Jul. 01, 2022
Organization Consolidation And Presentation Of Financial Statements [Abstract]  
Summary of Inventories

Inventories consisted of the following:

 

 

July 1,

 

 

December 31,

 

(In millions)

 

2022

 

 

2021

 

Raw materials

 

$

244.7

 

 

$

220.9

 

Work in process

 

 

108.6

 

 

 

102.5

 

Finished goods

 

 

51.8

 

 

 

55.8

 

Total

 

$

405.1

 

 

$

379.2

 

Property, Plant and Equipment, Net

Property, plant and equipment, net, consisted of the following:

 

 

 

Useful Life

 

July 1,

 

 

December 31,

 

(In millions)

 

(in years)

 

2022

 

 

2021

 

Land

 

n/a

 

$

4.4

 

 

$

4.7

 

Buildings

 

50

 

 

57.4

 

 

 

52.1

 

Leasehold improvements

 

*

 

 

68.1

 

 

 

67.3

 

Machinery and equipment

 

5-10

 

 

137.8

 

 

 

132.6

 

Computer equipment and software

 

3-10

 

 

59.0

 

 

 

57.7

 

Furniture and fixtures

 

5

 

 

5.5

 

 

 

5.2

 

 

 

 

 

 

332.2

 

 

 

319.6

 

Accumulated depreciation

 

 

 

 

(131.0

)

 

 

(116.0

)

Construction in progress

 

 

 

 

47.4

 

 

 

38.7

 

Total

 

 

 

$

248.6

 

 

$

242.3

 

 

* Lesser of estimated useful life or remaining lease term