Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 358.8	$ 466.5
Accounts receivable, net of allowance for doubtful accounts of $1.3 and $0.3 at December 30, 2022 and December 31, 2021	253.7	250.1
Inventories	443.9	379.2
Prepaid expenses and other current assets	42.4	41.3
Total current assets	1,098.8	1,137.1
Property, plant and equipment, net	279.6	242.3
Goodwill	248.8	270.0
Intangible assets, net	187.9	245.7
Deferred tax assets, net	36.0	37.6
Operating lease right-of-use assets	99.0	83.4
Other non-current assets	10.8	9.3
Total assets	1,960.9	2,025.4
Current liabilities:
Bank borrowings	20.8	22.1
Accounts payable	253.5	332.9
Accrued compensation and related benefits	52.5	46.8
Operating lease liabilities	17.1	17.3
Other current liabilities	45.3	50.0
Total current liabilities	389.2	469.1
Bank borrowings, net of current portion	493.0	529.9
Deferred tax liabilities	52.2	54.9
Operating lease liabilities	80.3	65.9
Other liabilities	9.2	12.9
Total liabilities	1,023.9	1,132.7
Commitments and contingencies (See Note 10)
UCT stockholders’ equity:
Preferred stock — $0.001 par value, 10.0 authorized; none outstanding	0.0	0.0
Common stock - $0.001 par value, 90.0 authorized; 45.2 and 44.9 shares issued and outstanding at December 30, 2022 and December 31, 2021, respectively	0.1	0.1
Additional paid-in capital	530.8	514.9
Common shares held in treasury, at cost, 0.9 and 0.6 shares at December 30, 2022 and December 31, 2021, respectively	(15.4)	(3.3)
Retained earnings	377.8	337.4
Accumulated other comprehensive loss	(5.4)	(0.2)
Total UCT stockholders' equity	887.9	848.9
Noncontrolling interests	49.1	43.8
Total equity	937.0	892.7
Total liabilities and equity	$ 1,960.9	$ 2,025.4