Other Assets

12 Months Ended

Jan. 02, 2022

Other Assets [Abstract]

Other Assets

Other Assets

Included in other assets are the following:

	2021		2020
	(In millions of dollars)
Life insurance cash surrender value (see Retirement Benefits footnote)	$	232.9	$	220.3
Intangibles, net of accumulated amortization of $39.1 million in 2021 and $26.7 million in 2020(1)	122.0		55.6
Long-term hosted software(2)	13.9		7.2
Long-term customer receivable(3)	—		2.4
Noncurrent restricted cash	6.6		5.1
Workers' compensation and other claims receivable(4)	5.5		6.1
Other(5)	8.2		23.2
Other assets	$	389.1	$	319.9

(1) See Goodwill and Intangible Assets footnote for a detailed listing of intangible assets and related accumulated amortization.

(2) Long-term hosted software represents cloud computing arrangements that are comprised of internal-use software platforms that are accounted for as service contracts (see Summary of Significant Accounting Policies footnote).

(3) The long-term customer receivable was written off in 2021 (see Credit Losses footnote).

(4) Workers’ compensation and other claims receivable represents receivables from the insurance company for U.S. workers’ compensation and automobile liability claims in excess of the applicable loss limits.

(5) The investment in BTG of $5.0 million was cancelled in 2021 (see Fair Value Measurements footnote).