Acquisition (Tables)

6 Months Ended

Jul. 01, 2022

Business Combination and Asset Acquisition [Abstract]

Fair Values of Assets Acquired and Liabilities Assumed

The following table summarizes the fair values of the assets acquired and liabilities assumed as of the acquisition date ($ in millions):

	April 20, 2022
Assets acquired:
Cash	$	2.7
Accounts receivable	0.1
Inventories	6.2
Intangible assets	129.8
Property, plant and equipment	0.4
Goodwill	370.1
Non-current deferred tax asset	98.5
Other long-term assets	1.1
Total assets acquired	608.9
Liabilities assumed:
Accounts payable	(0.5)
Accrued expenses and other liabilities	(27.9)
Other long-term liabilities	(0.5)
Total liabilities assumed	(28.9)
Total net assets acquired	$	580.0