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SUPPLEMENTAL FINANCIAL INFORMATION (Tables)
 12 Months Ended
Dec. 30, 2023
Supplemental Financial Information  
Schedule of Inventories
Inventories at year-end were as follows:
(In millions)20232022
Raw materials$415.4 $457.6 
Work-in-progress238.2 255.1 
Finished goods267.1 297.2 
Inventories$920.7 $1,009.9 
Schedule of Property, Plant and Equipment
Major classes of property, plant and equipment, stated at cost, at year-end were as follows:
(In millions)20232022
Land$35.9 $29.3 
Buildings and improvements817.9 781.0 
Machinery and equipment2,799.5 2,667.8 
Construction-in-progress317.1 269.6 
Property, plant and equipment3,970.4 3,747.7 
Accumulated depreciation(2,344.6)(2,207.5)
Property, plant and equipment, net$1,625.8 $1,540.2 
Schedule of Capitalized Software Costs
Capitalized software costs at year-end were as follows:
(In millions)20232022
Cost$362.4 $390.6 
Accumulated amortization(257.9)(282.3)
Software, net$104.5 $108.3 
Schedule of Allowance for Credit Losses
The activity related to our allowance for credit losses was as follows:
(In millions)20232022
Balance at beginning of year$34.4 $33.0 
Provision for credit losses
4.4 6.9 
Amounts written off(6.3)(4.3)
Other, including foreign currency translation1.9 (1.2)
Balance at end of year$34.4 $34.4 
Schedule of Research and Development Expense
Research and development expense, which was included in “Marketing, general and administrative expense” in the Consolidated Statements of Income, was as follows:
(In millions)202320222021
Research and development expense$135.8 $136.1 $136.6 
Schedule of Cash Paid for Interest and Income taxes
Cash paid for interest and income taxes was as follows:
(In millions)202320222021
Interest$109.9 $80.9 $62.8 
Income taxes, net of refunds234.9 204.8 253.4 
Schedule of Balance Sheet Locations of Deferred Revenue
The following table shows the amounts and balance sheet locations of deferred revenue as of December 30, 2023 and December 31, 2022:
(In millions)December 30, 2023December 31, 2022
Other current liabilities$18.1 $22.2 
Long-term retirement benefits and other liabilities1.3 2.1 
Total deferred revenue$19.4 $24.3