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Financial Instruments (Tables)
 12 Months Ended
Jan. 01, 2022
Investments, All Other Investments [Abstract]  
Fair Values of Derivative Instruments Included within Accompanying Consolidated Balance Sheets
Consolidated Balance Sheets Line Item Where Hedge Item is RecordedCarrying Amount of the Hedged Assets/(Liabilities) Cumulative Amount of Fair Value Hedging Adjustment Included in the Carrying Amount of the Hedged Assets/(Liabilities)
(in millions)(in millions)
2021202020212020
Notes payable and current maturities of long-term debt$— $(255.1)$— $(5.1)
The fair values of derivative instruments included within the accompanying Consolidated Balance Sheets as of 2021 and 2020 year end are as follows:
  20212020
(Amounts in millions)Balance Sheet
Presentation		Derivative
Assets
Fair Value		Derivative
Liability
Fair Value		Derivative
Assets
Fair Value		Derivative
Liability
Fair Value
Derivatives designated as
hedging instruments:
Interest rate swapsOther assets$— $— $5.1 $— 
Derivatives not designated as hedging instruments:
Foreign currency forwardsPrepaid expenses and other assets    $10.2 $— $12.2 $— 
Foreign currency forwardsOther accrued liabilities— 5.3 — 7.0 
Equity forwardsPrepaid expenses and other assets    15.5 — 13.5 — 
25.7 5.3 25.7 7.0 
Total derivative instruments$25.7 $5.3 $30.8 $7.0 
Effect of Derivative Instruments Designated as Cash Flow Hedges Included in AOCI on the Consolidated Balance Sheets
The effect of derivative instruments designated as cash flow hedges as included in the Accumulated OCI on the Consolidated Balance Sheets is as follows:
 Amount of Gain (Loss) Recognized in Other Comprehensive Income on Derivative
(Amounts in millions)202120202019
Derivatives in Hedging Relationships:
Treasury locks$— $1.4 $— 
Effect of Derivative Instruments Designated as Fair Value and Cash Flow Hedges Included in the Consolidated Statements of Earnings
The effect of derivative instruments designated as fair value and cash flow hedges as included in the Consolidated Statements of Earnings is as follows: 
Gain (Loss) Recognized in Income on Fair Value and Cash Flow Hedging Relationships
202120202019
(Amounts in millions)Interest expenseOther income (expense) - netInterest expenseOther income (expense) - netInterest expenseOther income (expense) - net
Total amounts of income and expense presented in the Consolidated Statements of Earnings:$(53.1)$16.5 $(54.0)$8.7 $(49.0)$8.8 
Gain (loss) on fair value hedging relationships:
Interest rate swaps
Long-term debt
$(10.2)$— $(15.7)$— $(15.4)$— 
Derivatives designated as hedging instruments
2.7 — 3.9 — 2.0 — 
Gain on cash flow hedging relationships:
Treasury locks
Gain reclassified from accumulated OCI into income
$1.6 $— $1.6 $— $1.5 $— 
Derivative Instruments Not Designated as Hedges Included in Consolidated Statements of Earnings
The effects of derivative instruments not designated as hedging instruments as included in the Consolidated Statements of Earnings are as follows: 
Statement of
Earnings
Presentation		Gain (Loss) Recognized in
Income on Derivatives
(Amounts in millions)202120202019
Gain (loss) on derivative relationships:
Foreign currency forwards
Other income
  (expense) –  net    		$(10.8)$(6.6)$(20.0)
Net exposures
Other income
  (expense) –  net 		9.6 2.7 16.4 
Equity forwards
Operating expenses$4.1 $1.0 $3.0 
Stock-based deferred compensation liabilities
Operating expenses(4.3)(1.2)(3.0)
Fair Values of Financial Instruments Not Approximating Carrying Values in Financial Statements The fair values of financial instruments that do not approximate the carrying values in the financial statements as of 2021 and 2020 year end are as follows: 
 20212020
(Amounts in millions)Carrying
Value		Fair
Value		Carrying
Value		Fair
Value
Finance receivables – net$1,656.3 $1,988.6 $1,666.5 $2,024.4 
Contract receivables – net488.6 542.5 487.2 545.4 
Long-term debt, notes payable and current maturities of long-term debt
1,200.3 1,339.7 1,450.6 1,678.2