Leases (Tables)

12 Months Ended

Jan. 01, 2022

Leases [Abstract]

Schedule of Lease Cost

Total lease costs for 2021, 2020 and 2019 consist of the following:

(Amounts in millions)	2021		2020		2019
Finance lease costs:
Amortization of ROU assets	$	1.7	$	1.7	$	1.5
Interest on lease liabilities	0.3		0.4		0.5
Operating lease costs*	25.4		24.6		25.1
Total lease costs	$	27.4	$	26.7	$	27.1

* Includes short-term leases, variable lease costs and sublease income, which are immaterial.

Supplemental cash flow information related to leases in 2021, 2020 and 2019 is as follows:

(Amounts in millions)	2021		2020		2019
Cash paid for amounts included in the measurement of lease liabilities:
Financing cash flows from finance leases	$	3.1	$	3.4	$	2.8
Operating cash flows from finance leases	0.3		0.4		0.5
Operating cash flows from operating leases	23.5		23.1		23.5
ROU assets obtained in exchange for new lease obligations:
Finance lease liabilities	$	0.3	$	0.4	$	1.4
Operating lease liabilities	23.4		15.2		12.5

Schedule of Lease Supplemental Balance Sheet Information and Weighted-Average Lease Terms and Discount Rates

Supplemental balance sheet information related to leases in 2021 and 2020 is as follows:

(Amounts in millions)	2021		2020
Finance leases:
Property and equipment - gross	$	22.3	$	24.3
Accumulated depreciation and amortization	(17.4)		(17.5)
Property and equipment - net	$	4.9	$	6.8
Other accrued liabilities	$	2.4	$	2.7
Other long-term liabilities	4.5		7.4
Total finance lease liabilities	$	6.9	$	10.1
Operating leases:
Operating lease right-of-use assets	$	51.9	$	51.9
Other accrued liabilities	$	19.6	$	19.3
Operating lease liabilities	34.2		34.0
Total operating lease liabilities	$	53.8	$	53.3

Weighted-average lease terms and discount rates in 2021 and 2020 are as follows:

	2021	2020	2019
Weighted-average remaining lease terms:
Finance leases	2.9 years	3.7 years	4.5 years
Operating leases	3.3 years	3.3 years	3.7 years
Weighted-average discount rates:
Finance leases	3.1%	3.4%	3.4%
Operating leases	1.9%	2.6%	2.8%

Schedule of Operating Lease Liability Maturities

Maturities of lease liabilities as of January 1, 2022 are as follows:

(Amounts in millions)	Operating Leases		Finance Leases
Year:
2022	$	20.5	$	2.5
2023	14.8		2.4
2024	10.2		1.9
2025	6.1		0.3
2026	3.3		0.1
2027 and thereafter	0.7		—
Total lease payments	55.6		7.2
Less: amount representing interest	(1.8)		(0.3)
Total lease liabilities	$	53.8	$	6.9

Schedule of Finance Lease Liability Maturities

Maturities of lease liabilities as of January 1, 2022 are as follows:

(Amounts in millions)	Operating Leases		Finance Leases
Year:
2022	$	20.5	$	2.5
2023	14.8		2.4
2024	10.2		1.9
2025	6.1		0.3
2026	3.3		0.1
2027 and thereafter	0.7		—
Total lease payments	55.6		7.2
Less: amount representing interest	(1.8)		(0.3)
Total lease liabilities	$	53.8	$	6.9

Schedule of Sales-type Lease Receivables Maturities

Future minimum lease payments as of January 1, 2022 are as follows:

(Amounts in millions)	Lease Receivables
Year:
2022	$	84.4
2023	72.9
2024	58.5
2025	43.3
2026	28.2
2027 and thereafter	19.5
Total lease payments	306.8
Less: unearned finance charges	(50.8)
Net investment in leases	$	256.0