FINANCIAL INSTRUMENTS (Tables) - Other Derivatives

12 Months Ended

Dec. 31, 2022

Financial Instruments [Line Items]

Fair Value and Balance Sheet Locations of Derivatives

The following table shows the fair value and balance sheet locations of other derivatives as of December 31, 2022 and January 1, 2022:

	Asset					Liability
(In millions)	Balance Sheet Location	2022		2021		Balance Sheet Location	2022		2021
Foreign exchange contracts	Other current assets	$	4.3	$	6.3	Other current liabilities	$	9.6	$	2.9
Commodity contracts	Other current assets	—		—		Other current liabilities	.2		—
		$	4.3	$	6.3		$	9.8	$	2.9

Components of the Net Gains (Losses) Recognized in Income Related to Derivative Instruments

The following table shows the components of the net gains (losses) recognized in income related to these derivative instruments:

(In millions)	Statements of Income Location	2022		2021		2020
Foreign exchange contracts	Cost of products sold	$	5.6	$	1.4	$	1.9
Foreign exchange contracts	Marketing, general and administrative expense	(4.3)		21.0		(14.2)
		$	1.3	$	22.4	$	(12.3)