XML 41 R30.htm IDEA: XBRL DOCUMENT v3.21.2
Supplemental Financial Information (Tables)
 6 Months Ended
Jul. 03, 2021
Supplemental Financial Information  
Schedule of net inventories
The table below summarizes the amounts in inventories, net.
 
     
                             
      
                             
  
(In millions)
   
July 3, 2021
     
January 2, 2021
  
Raw materials
   
$
330.8
 
   
$
268.6
 
Work-in-progress
   
 
231.1
 
   
 
210.3
 
Finished goods
   
 
262.9
 
   
 
238.3
 
Inventories, net
   
$
824.8
 
   
$
717.2
 
Schedule of property, plant and equipment
The table below summarizes the amounts in property, plant and equipment, net.
 
     
                             
      
                             
  
(In millions)
   
July 3, 2021
    
January 2, 2021
  
Property, plant and equipment
   
$
3,490.8
 
  
$
3,476.3
 
Accumulated depreciation
   
 
(2,146.0
) 
  
 
(2,132.6
) 
Property, plant and equipment, net
   
$
1,344.8
 
  
$
1,343.7
 
Schedule of allowance for credit losses
The activity related to our allowance for credit losses is shown below.
 
     
                             
      
                             
  
    
Six Months Ended
  
(In millions)
   
July 3, 2021
    
June 27, 2020
  
Beginning balance
   
$
44.6
 
  
$
27.1
 
(Reversal of) provision for credit losses
(1)
   
 
(2.7
) 
  
 
20.6
 
Amounts written off
   
 
(2.5
) 
  
 
(1.4
) 
Other, including foreign currency translation
   
 
—
 
  
 
.1
 
Ending balance
   
$
39.4
 
  
$
46.4
 
(1)
For the six months ended June 27, 2020, our provision for credit losses reflected impacts on customers as a result of
COVID-19.