Leases (Tables)

12 Months Ended

Dec. 29, 2023

Leases [Abstract]

Schedule Of Lease Costs

Operating lease expense consisted of:

	2023		2022		2021
(In millions)
Operating lease expense	$	33.5	$	36.3	$	35.5
Short-term lease expense and other	17.1		14.8		17.8
Total lease expense	$	50.6	$	51.1	$	53.3

Supplemental cash flow information related to leases was as follows:

	2023		2022		2021
(In millions)
Cash paid for liabilities included in the measurement of lease liabilities:
Operating cash flows from operating leases (1)	$	31.0	$	35.0	$	35.9
Right-of-use assets obtained in exchange for Operating lease liabilities:	$	47.0	$	26.3	$	49.5

(1)Excludes cash payments for short-term leases, which are not capitalized.

Supplemental balance sheet information related to leases was as follows:

At the End of Year	2023			2022
(In millions)
Operating lease right-of-use assets	$	124.0		$	121.2
Other current liabilities	$	29.1		$	35.0
Operating lease liabilities	121.9			105.1
Total operating lease liabilities	$	151.0		$	140.1
Weighted-average discount rate	4.27		%	3.30		%
Weighted-average remaining lease term	7 years			6 years

Schedule of Operating Lease Maturities

At the end of 2023, the maturities of lease liabilities were as follows:

(In millions)
2024	$	34.6
2025	29.3
2026	25.0
2027	20.3
2028	16.4
Thereafter	47.9
Total lease payments	$	173.5
Less: imputed interest	22.5
Total	$	151.0