Commitments and Contingencies (Tables)

9 Months Ended

Sep. 30, 2023

Commitments and Contingencies Disclosure [Abstract]

Product Warranty Liabilities

The following activity related to product warranty liabilities was recorded in Accrued expenses during the nine months ended September 30, 2023 and October 1, 2022:

(in millions)	Sep 30, 2023		Oct 1, 2022
Balance at beginning of period	$	146.7	$	129.3
Payments	(65.5)		(47.3)
Provisions/additions for contracts issued/sold	67.7		62.5
Aggregate changes for preexisting warranties	8.6		(3.0)
Foreign currency translation	(0.3)		(3.0)
Other	1.2		(0.4)
Balance at end of period	$	158.4	$	138.1

Extended Product Warranty Liabilities

The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the nine months ended September 30, 2023 and October 1, 2022:

(in millions)	Sep 30, 2023		Oct 1, 2022
Balance at beginning of period	$	112.5	$	99.5
Extended warranty contracts sold	34.1		29.8
Revenue recognized on existing extended warranty contracts	(19.7)		(16.6)
Foreign currency translation	—		(0.5)
Other	(0.3)		(0.5)
Balance at end of period	$	126.6	$	111.7