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Balance Sheet Information and Other - (Tables) | 9 Months Ended
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Oct. 01, 2021
Balance Sheet Related Disclosures [Abstract] |
Schedule of Inventory | Details of Inventory included in the Company’s Consolidated Balance Sheets are as follows (in millions):
| As of
| October 1, 2021 |  | December 31, 2020
Inventories: |  |  |
Raw materials | $ | 160.8 |  |  | $ | 135.7 |
Work in process | 871.7 |  |  | 829.7 |
Finished goods | 295.1 |  |  | 286.0 |
| $ | 1,327.6 |  |  | $ | 1,251.4 |
Schedule of Net Periodic Pension Expense | The components of the net periodic pension expense were as follows (in millions):
| Quarters Ended |  | Nine Months Ended
| October 1, 2021 |  | October 2, 2020 |  | October 1, 2021 |  | October 2, 2020
Service cost | $ | 2.8 |  |  | $ | 2.7 |  |  | $ | 8.9 |  |  | $ | 8.1 |
Interest cost | 1.1 |  |  | 1.2 |  |  | 3.3 |  |  | 3.5 |
Expected return on plan assets | (1.6) |  |  | (1.6) |  |  | (4.9) |  |  | (4.7) |
Curtailment gain | (2.3) |  |  | — |  |  | (0.4) |  |  | (1.6) |
Total net periodic pension cost | $ | — |  |  | $ | 2.3 |  |  | $ | 6.9 |  |  | $ | 5.3 |
Schedule of Components of Lease Expense | The components of lease expense were as follows (in millions):
| Quarters Ended |  | Nine Months Ended
| October 1, 2021 |  | October 2, 2020 |  | October 1, 2021 |  | October 2, 2020
Operating lease | $ | 9.8 |  |  | $ | 9.9 |  |  | $ | 29.6 |  |  | $ | 28.1 |
Variable lease | 0.9 |  |  | 1.3 |  |  | 2.9 |  |  | 3.1 |
Short-term lease | 0.4 |  |  | 1.0 |  |  | 1.6 |  |  | 3.4 |
Total lease expense | $ | 11.1 |  |  | $ | 12.2 |  |  | $ | 34.1 |  |  | $ | 34.6 |
The lease liabilities recognized in the Consolidated Balance Sheets are as follows (in millions):
| As of
| October 1, 2021 |  | December 31, 2020
Accrued expenses and other current liabilities | $ | 32.4 |  |  | $ | 32.2 |
Other long-term liabilities | 98.3 |  |  | 115.7 |
Total lease liabilities | $ | 130.7 |  |  | $ | 147.9 |
Schedule of Cash and Non-cash Activities | Certain of the Company's cash and non-cash activities were as follows (in millions):
|  | Nine Months Ended |
|  | October 1, 2021 |  | October 2, 2020 |  |  |
Non-cash investing activities: |  |  |  |  |  |  |
Capital expenditures in accounts payable and other long-term liabilities |  | $ | 153.3 |  |  | $ | 156.1 |  |  |  |
Divestiture/Sale of property in exchange of receivable |  | 9.1 |  |  | 4.7 |  |  |  |
ROU assets obtained in exchange of lease liabilities |  | 14.2 |  |  | 54.8 |  |  |  |
Cash paid for: |  |  |  |  |  |  |
Interest expense |  | $ | 80.7 |  |  | $ | 80.9 |  |  |  |
Income taxes |  | 65.1 |  |  | 29.9 |  |  |  |
Operating lease payments in operating cash flows |  | 30.6 |  |  | 27.5 |  |  |  |
Schedule of Cash and Cash Equivalents | Reconciliation of the captions in the Consolidated Balance Sheets to the Consolidated Statements of Cash Flows (in millions)
|  | As of
|  | October 1, 2021 |  | December 31, 2020 |  | October 2, 2020 |  | December 31, 2019
Consolidated Balance Sheets: |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,389.2 |  |  | $ | 1,080.7 |  |  | $ | 1,654.0 |  |  | $ | 894.2 |
Restricted cash (included in other current assets) |  | 1.4 |  |  | 0.8 |  |  | 0.8 |  |  | — |
Cash, cash equivalents and restricted cash in Consolidated Statements of Cash Flows |  | $ | 1,390.6 |  |  | $ | 1,081.5 |  |  | $ | 1,654.8 |  |  | $ | 894.2 |
Schedule of Restrictions on Cash and Cash Equivalents | Reconciliation of the captions in the Consolidated Balance Sheets to the Consolidated Statements of Cash Flows (in millions)
|  | As of
|  | October 1, 2021 |  | December 31, 2020 |  | October 2, 2020 |  | December 31, 2019
Consolidated Balance Sheets: |  |  |  |  |  |  |  |
Cash and cash equivalents |  | $ | 1,389.2 |  |  | $ | 1,080.7 |  |  | $ | 1,654.0 |  |  | $ | 894.2 |
Restricted cash (included in other current assets) |  | 1.4 |  |  | 0.8 |  |  | 0.8 |  |  | — |
Cash, cash equivalents and restricted cash in Consolidated Statements of Cash Flows |  | $ | 1,390.6 |  |  | $ | 1,081.5 |  |  | $ | 1,654.8 |  |  | $ | 894.2 |

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