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LEASES
3 Months Ended
Mar. 29, 2025
Leases [Abstract]  
LEASES LEASES
The balance sheet locations of our lease assets and liabilities were as follows (in millions):
AssetsBalance Sheet LocationMarch 29, 2025December 31, 2024
OperatingOperating lease assets$170.1 $175.2 
FinanceOther non-current assets11.2 11.7 
Total$181.3 $186.9 
LiabilitiesBalance Sheet LocationMarch 29, 2025December 31, 2024
Current
OperatingOther accrued liabilities$27.5 $27.8 
FinanceCurrent indebtedness1.3 1.5 
Non-Current
OperatingOther non-current liabilities149.9 153.8 
FinanceLong-term debt, less current portion11.7 12.0 
Total$190.4 $195.1 
    
The below tables show our lease assets and liabilities by reporting segment (in millions):
Assets
OperatingFinancing
March 29, 2025December 31, 2024March 29, 2025December 31, 2024
CSCA$87.8 $90.5 $11.2 $11.5 
CSCI30.6 31.0 — — 
Unallocated51.7 53.7 — 0.2 
Total$170.1 $175.2 $11.2 $11.7 
Liabilities
OperatingFinancing
March 29, 2025December 31, 2024March 29, 2025December 31, 2024
CSCA$91.7 $94.1 $12.9 $13.1 
CSCI36.2 36.7 0.1 0.2 
Unallocated49.5 50.8 — 0.2 
Total$177.4 $181.6 $13.0 $13.5 

Expenses related to leases were as follows (in millions):
Three Months Ended
March 29, 2025March 30, 2024
Operating leases(1)
$11.8 $11.6 
Finance leases
Amortization$0.5 $0.6 
Interest0.1 0.1 
Total finance leases$0.6 $0.7 
(1) Includes short-term leases and variable lease costs, which are immaterial.
    
The annual future maturities of our leases as of March 29, 2025 are as follows (in millions):
Operating LeasesFinance LeasesTotal
2025$24.9 $1.4 $26.3 
202629.4 1.6 31.0 
202727.0 1.6 28.6 
202819.7 1.6 21.3 
202917.7 1.6 19.3 
After 202989.6 7.4 97.0 
Total lease payments$208.3 $15.2 $223.5 
Less: Interest30.9 2.2 33.1 
Present value of lease liabilities$177.4 $13.0 $190.4 
Our weighted average lease terms and discount rates are as follows:
March 29, 2025March 30, 2024
Weighted-average remaining lease term (in years)
Operating leases9.389.72
Finance leases8.899.43
Weighted-average discount rate
Operating leases3.9 %3.3 %
Finance leases3.4 %3.5 %

Our lease cash flow classifications are as follows (in millions):
Three Months Ended
March 29, 2025March 30, 2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases$9.2 $8.5 
Operating cash flows for finance leases$0.1 $0.1 
Financing cash flows for finance leases$0.5 $0.5 
Leased assets obtained (used) in exchange for new finance lease liabilities$— $0.3 
Leased assets obtained (used) in exchange for new operating lease liabilities$0.6 $1.7 
LEASES LEASES
The balance sheet locations of our lease assets and liabilities were as follows (in millions):
AssetsBalance Sheet LocationMarch 29, 2025December 31, 2024
OperatingOperating lease assets$170.1 $175.2 
FinanceOther non-current assets11.2 11.7 
Total$181.3 $186.9 
LiabilitiesBalance Sheet LocationMarch 29, 2025December 31, 2024
Current
OperatingOther accrued liabilities$27.5 $27.8 
FinanceCurrent indebtedness1.3 1.5 
Non-Current
OperatingOther non-current liabilities149.9 153.8 
FinanceLong-term debt, less current portion11.7 12.0 
Total$190.4 $195.1 
    
The below tables show our lease assets and liabilities by reporting segment (in millions):
Assets
OperatingFinancing
March 29, 2025December 31, 2024March 29, 2025December 31, 2024
CSCA$87.8 $90.5 $11.2 $11.5 
CSCI30.6 31.0 — — 
Unallocated51.7 53.7 — 0.2 
Total$170.1 $175.2 $11.2 $11.7 
Liabilities
OperatingFinancing
March 29, 2025December 31, 2024March 29, 2025December 31, 2024
CSCA$91.7 $94.1 $12.9 $13.1 
CSCI36.2 36.7 0.1 0.2 
Unallocated49.5 50.8 — 0.2 
Total$177.4 $181.6 $13.0 $13.5 

Expenses related to leases were as follows (in millions):
Three Months Ended
March 29, 2025March 30, 2024
Operating leases(1)
$11.8 $11.6 
Finance leases
Amortization$0.5 $0.6 
Interest0.1 0.1 
Total finance leases$0.6 $0.7 
(1) Includes short-term leases and variable lease costs, which are immaterial.
    
The annual future maturities of our leases as of March 29, 2025 are as follows (in millions):
Operating LeasesFinance LeasesTotal
2025$24.9 $1.4 $26.3 
202629.4 1.6 31.0 
202727.0 1.6 28.6 
202819.7 1.6 21.3 
202917.7 1.6 19.3 
After 202989.6 7.4 97.0 
Total lease payments$208.3 $15.2 $223.5 
Less: Interest30.9 2.2 33.1 
Present value of lease liabilities$177.4 $13.0 $190.4 
Our weighted average lease terms and discount rates are as follows:
March 29, 2025March 30, 2024
Weighted-average remaining lease term (in years)
Operating leases9.389.72
Finance leases8.899.43
Weighted-average discount rate
Operating leases3.9 %3.3 %
Finance leases3.4 %3.5 %

Our lease cash flow classifications are as follows (in millions):
Three Months Ended
March 29, 2025March 30, 2024
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows for operating leases$9.2 $8.5 
Operating cash flows for finance leases$0.1 $0.1 
Financing cash flows for finance leases$0.5 $0.5 
Leased assets obtained (used) in exchange for new finance lease liabilities$— $0.3 
Leased assets obtained (used) in exchange for new operating lease liabilities$0.6 $1.7