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SUPPLEMENTAL FINANCIAL INFORMATION (Tables)
 12 Months Ended
Dec. 28, 2024
Supplemental Financial Information  
Schedule of Inventories
Inventories at year-end were as follows:
(In millions)20242023
Raw materials$435.0 $415.4 
Work-in-progress224.9 238.2 
Finished goods318.2 267.1 
Inventories$978.1 $920.7 
Schedule of Property, Plant and Equipment
Major classes of property, plant and equipment, stated at cost, at year-end were as follows:
(In millions)20242023
Land$35.1 $35.9 
Buildings and improvements852.3 817.9 
Machinery and equipment2,903.4 2,799.5 
Construction-in-progress202.7 317.1 
Property, plant and equipment3,993.5 3,970.4 
Accumulated depreciation(2,406.8)(2,344.6)
Property, plant and equipment, net$1,586.7 $1,625.8 
Schedule of Capitalized Software Costs
Capitalized software costs at year-end were as follows:
(In millions)20242023
Cost$360.0 $362.4 
Accumulated amortization(249.3)(257.9)
Software, net$110.7 $104.5 
Schedule of Hosting Arrangement, Service Contract, Implementation Cost
Capitalized implementation costs at year-end were as follows:
(In millions)20242023
Cost$97.1 $59.8 
Accumulated amortization(17.9)(9.4)
Capitalized implementation costs, net
$79.2 $50.4 
Schedule of Allowance for Credit Losses
The activity related to our allowance for credit losses was as follows:
(In millions)20242023
Balance at beginning of year$34.4 $34.4 
Provision for credit losses
4.6 4.4 
Amounts written off(8.9)(6.3)
Other, including foreign currency translation(1.1)1.9 
Balance at end of year$29.0 $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)202420232022
Research and development expense$137.8 $135.8 $136.1 
Schedule of Cash Paid for Interest and Income taxes
Cash paid for interest and income taxes was as follows:
(In millions)202420232022
Interest$111.8 $109.9 $80.9 
Income taxes, net of refunds226.8 234.9 204.8 
Schedule of Balance Sheet Locations of Deferred Revenue
The following table shows the amounts and balance sheet locations of deferred revenue as of December 28, 2024 and December 30, 2023:
(In millions)December 28, 2024December 30, 2023
Other current liabilities$15.5 $18.1 
Long-term retirement benefits and other liabilities1.2 1.3 
Total deferred revenue$16.7 $19.4 
Schedule of Supplier Finance Program
The activity related to our supplier finance programs was as follows:
(In millions)2024
Balance at beginning of year$397.4 
Invoices confirmed during the year
1,339.3 
Invoices paid during the year
(1,328.9)
Other, including foreign currency translation(23.2)
Balance at end of year$384.6