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Equity Security Investments Using The Measurement Alternative Method
 6 Months Ended
Jun. 28, 2024
Investments, Debt and Equity Securities [Abstract]  
Equity Security Investments Using The Measurement Alternative Method EQUITY SECURITY INVESTMENTS USING THE MEASUREMENT ALTERNATIVE METHOD
The summary below represents the Company’s equity security investments that do not have readily determinable fair values. The Company records these investments using the measurement alternative method and therefore such investments are recorded at cost and remeasured to fair value upon observable price changes in orderly transactions for the identical or similar investment of the same issuer, or upon impairment. The Company records these investments as Other long-term assets in the Condensed Consolidated Balance Sheets and are summarized as follows ($ in millions):

June 28, 2024December 31, 2023
Equity security investments$26.7 $28.6 

The Company records net realized and unrealized gains (losses) for the above security investments in other income (expense), net, in the Condensed Consolidated Statements of Operations. Net unrealized losses are summarized as follows ($ in millions):
Three Months EndedSix Months Ended
June 28, 2024June 30, 2023June 28, 2024June 30, 2023
Investment Losses
    Unrealized losses$(1.5)$— $(1.5)$— 
Total$(1.5)$— $(1.5)$—