Accrued Expenses And Other Liabilities

6 Months Ended

Jul. 02, 2021

Accrued expenses and other [Abstract]

Accrued Expenses And Other Liabilities

ACCRUED EXPENSES AND OTHER LIABILITIES

Accrued expenses and other liabilities were as follows ($ in millions):

	July 2, 2021				December 31, 2020
	Current		Noncurrent		Current		Noncurrent
Compensation and benefits	$	168.0	$	17.0	$	161.0	$	14.2
Restructuring-related employee severance, benefits and other	20.0		2.2		30.5		—
Pension benefits	8.5		90.7		8.5		91.5
Taxes, income and other	42.4		226.9		48.8		227.5
Contract liabilities	56.4		5.4		48.6		4.8
Sales and product allowances	70.5		1.1		73.8		0.9
Loss contingencies	11.5		31.1		7.4		33.2
Derivative financial instruments	14.7		33.2		42.4		27.8
Other	112.8		7.7		109.3		8.9
Total	$	504.8	$	415.3	$	530.3	$	408.8