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Fair Value Measurements (Tables)
 6 Months Ended
Jul. 02, 2022
Fair Value Disclosures [Abstract]  
Assets and liabilities carried at fair value, measured on a recurring basis
Assets and liabilities carried at fair value, measured on a recurring basis, as of July 2, 2022 were as follows:
Fair Value Measurements Using
(In millions)Total
Quoted Prices
in Active
Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Other
Unobservable
Inputs
(Level 3)
Assets
Investments$31.5 $25.2 $6.3 $— 
Derivative assets11.7 1.4 10.3 — 
Bank drafts7.4 7.4 — — 
Cross-currency swap14.4 — 14.4 — 
Liabilities
Derivative liabilities$8.1 $— $8.1 $— 
Contingent consideration liabilities11.9 — — 11.9 
Assets and liabilities carried at fair value, measured on a recurring basis, as of January 1, 2022 were as follows:
Fair Value Measurements Using
(In millions)Total
Quoted Prices
in Active
Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Other
Unobservable
Inputs
(Level 3)
Assets
Investments$33.9 $27.1 $6.8 $— 
Derivative assets7.1 .6 6.5 — 
Bank drafts14.1 14.1 — — 
Liabilities
Cross-currency swap$10.3 $— $10.3 $— 
Derivative liabilities3.6 — 3.6 — 
Contingent consideration liabilities7.6 — — 7.6