XML 42 R28.htm IDEA: XBRL DOCUMENT v3.23.2
Fair Value Measurements (Tables)
 6 Months Ended
Jul. 01, 2023
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 1, 2023 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$36.3 $19.0 $17.3 $— 
Derivative assets7.3 — 7.3 — 
Bank drafts3.7 3.7 — — 
Cross-currency swap9.7 — 9.7 — 
Liabilities
Derivative liabilities$11.8 $1.1 $10.7 $— 
Contingent consideration liabilities4.9 — — 4.9 
Assets and liabilities carried at fair value, measured on a recurring basis, as of December 31, 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$31.3 $22.6 $8.7 $— 
Derivative assets4.3 — 4.3 — 
Bank drafts3.2 3.2 — — 
Cross-currency swap15.5 — 15.5 — 
Liabilities
Derivative liabilities$12.2 $.3 $11.9 $— 
Contingent consideration liabilities6.0 — — 6.0