Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2023	Dec. 30, 2022
Current assets:
Cash and cash equivalents	$ 320.8	$ 358.8
Accounts receivable, net of allowance for doubtful accounts of $0.9 and $1.5 at June 30, 2023 and December 30, 2022, respectively	178.6	253.7
Inventories	398.8	443.9
Prepaid expenses and other current assets	37.2	42.4
Total current assets	935.4	1,098.8
Property, plant and equipment, net	306.5	279.6
Goodwill	248.8	248.8
Intangible assets, net	176.5	187.9
Deferred tax assets, net	37.0	36.0
Operating lease right-of-use assets	128.3	99.0
Other non-current assets	11.2	10.8
Total assets	1,843.7	1,960.9
Current liabilities:
Bank borrowings	17.8	20.8
Accounts payable	183.5	253.5
Accrued compensation and related benefits	40.0	52.5
Operating lease liabilities	17.6	17.1
Other current liabilities	35.4	45.3
Total current liabilities	294.3	389.2
Bank borrowings, net of current portion	467.1	493.0
Deferred tax liabilities	52.4	52.2
Operating lease liabilities	114.5	80.3
Other liabilities	9.2	9.2
Total liabilities	937.5	1,023.9
Commitments and contingencies (See Note 9)
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; 46.5 and 45.2 shares issued and 44.8 and 45.2 shares outstanding at June 30, 2023 and December 30, 2022,respectively	0.1	0.1
Additional paid-in capital	533.3	530.8
Common shares helds in treasury, at cost, 1.7 and 0.9 shares at June 30, 2023 and December 30, 2022, respectively	(39.1)	(15.4)
Retained earnings	365.0	377.8
Accumulated other comprehensive loss	(9.5)	(5.4)
Total UCT stockholders' equity	849.8	887.9
Noncontrolling interests	56.4	49.1
Total equity	906.2	937.0
Total liabilities and equity	$ 1,843.7	$ 1,960.9