Deferred Revenue And Performance Obligations (Tables)

3 Months Ended

Mar. 29, 2019

Revenue Recognition and Deferred Revenue [Abstract]

Deferred Revenue And Performance Obligations

Changes in the Company’s deferred revenue during the first quarter of fiscal 2019 and 2018 were as follows:

	First Quarter of
(In millions)	2019			2018
Beginning balance of the period	$	387.3		$	276.6
Revenue recognized	(138.4		)	(98.0		)
Acquired deferred revenue	—			22.3
Net deferred revenue activity	215.5			159.5
Ending balance of the period	$	464.4		$	360.4