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INCOME TAXES - Significant Components of Deferred Tax Assets and Liabilities (Detail) - USD ($)
$ in Millions
Jan. 02, 2021
Dec. 28, 2019
Deferred tax liabilities:    
Depreciation $ 148.9 $ 144.9
Intangible assets 741.4 737.1
Liability on undistributed foreign earnings 29.7 159.3
Lease right-of-use asset 126.5 129.7
Other 128.3 89.5
Total deferred tax liabilities 1,174.8 1,260.5
Deferred tax assets:    
Employee benefit plans 244.2 235.4
Basis differences in liabilities 89.7 82.0
Operating loss, capital loss and tax credit carryforwards 808.7 1,100.3
Lease liability 129.6 129.6
Intangible assets 301.3 5.3
Capitalized research and development costs 52.6 0.0
Other 217.4 149.2
Total deferred tax assets 1,843.5 1,701.8
Net Deferred Tax Asset before Valuation Allowance 668.7 441.3
Valuation Allowance (1,058.9) (1,065.0)
Net Deferred Tax Liability after Valuation Allowance $ (390.2) $ (623.7)