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Reporting Segment And Geographic Information (Tables) | 12 Months Ended
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Dec. 29, 2023
Segment Reporting, Measurement Disclosures [Abstract] |
Schedule Of Revenue, Operating Income And Identifiable Assets By Segment | The following Reporting Segment tables reflect the results of our reportable operating segments under our management reporting system. These results are not necessarily in conformity with U.S. GAAP. This is consistent with the way the CODM evaluates each of the segment's performance and allocates resources.
| Reporting Segments
| Buildings and Infrastructure |  | Geospatial |  | Resources and Utilities |  | Transportation |  | Total
(In millions) |  |  |  |  |  |  |  |  |
2023 |  |  |  |  |  |  |  |  |
Segment revenue | $ | 1,593.1 |  |  | $ | 695.5 |  |  | $ | 769.1 |  |  | $ | 741.0 |  |  | $ | 3,798.7 |
Segment operating income | 440.8 |  |  | 209.1 |  |  | 270.6 |  |  | 130.2 |  |  | $ | 1,050.7 |
2022 |  |  |  |  |  |  |  |  |
Segment revenue | $ | 1,494.0 |  |  | $ | 756.5 |  |  | $ | 821.6 |  |  | $ | 604.2 |  |  | $ | 3,676.3 |
Segment operating income | 406.3 |  |  | 221.4 |  |  | 278.3 |  |  | 58.8 |  |  | 964.8 |
2021 |  |  |  |  |  |  |  |  |
Segment revenue | $ | 1,422.7 |  |  | $ | 828.9 |  |  | $ | 771.3 |  |  | $ | 636.5 |  |  | $ | 3,659.4 |
Segment operating income | 411.7 |  |  | 244.1 |  |  | 264.0 |  |  | 43.4 |  |  | 963.2 |
| Reporting Segments
| Buildings and Infrastructure |  | Geospatial |  | Resources and Utilities |  | Transportation |  | Total
(In millions) |  |  |  |  |  |  |  |  |
As of Year End 2023 |  |  |  |  |  |  |  |  |
Accounts receivable, net | $ | 314.1 |  |  | $ | 125.0 |  |  | $ | 92.5 |  |  | $ | 175.0 |  |  | $ | 706.6 |
Inventories | 65.0 |  |  | 115.8 |  |  | 11.1 |  |  | 43.8 |  |  | 235.7 |
Goodwill | 2,347.3 |  |  | 385.1 |  |  | 216.4 |  |  | 2,401.8 |  |  | 5,350.6 |
As of Year End 2022 |  |  |  |  |  |  |  |  |
Accounts receivable, net | $ | 305.1 |  |  | $ | 137.2 |  |  | $ | 79.2 |  |  | $ | 121.8 |  |  | $ | 643.3 |
Inventories | 93.2 |  |  | 146.1 |  |  | 100.3 |  |  | 62.9 |  |  | 402.5 |
Goodwill | 2,300.1 |  |  | 382.1 |  |  | 471.8 |  |  | 983.9 |  |  | 4,137.9 |
As of Year End 2021 |  |  |  |  |  |  |  |  |
Accounts receivable, net | $ | 246.8 |  |  | $ | 134.0 |  |  | $ | 112.9 |  |  | $ | 131.1 |  |  | $ | 624.8 |
Inventories | 79.3 |  |  | 136.4 |  |  | 67.4 |  |  | 80.2 |  |  | 363.3 |
Goodwill | 2,141.4 |  |  | 403.6 |  |  | 440.8 |  |  | 995.7 |  |  | 3,981.5 |
Schedule of Reconciliation Of Our Condensed Consolidated Segment Operating Income To Consolidated Income Before Income Taxes | A reconciliation of our consolidated segment operating income to consolidated income before income taxes was as follows:
| 2023 |  | 2022 |  | 2021
(In millions) |  |  |  |  |
Consolidated segment operating income | $ | 1,050.7 |  |  | $ | 964.8 |  |  | $ | 963.2 |
Unallocated general corporate expenses | (116.0) |  |  | (123.3) |  |  | (106.2) |
Purchase accounting adjustments | (212.3) |  |  | (131.6) |  |  | (134.5) |
Acquisition / divestiture items | (72.4) |  |  | (32.8) |  |  | (21.8) |
Stock-based compensation / deferred compensation | (151.1) |  |  | (112.0) |  |  | (128.6) |
Restructuring and other costs | (50.1) |  |  | (54.2) |  |  | (11.1) |
Consolidated operating income | 448.8 |  |  | 510.9 |  |  | 561.0 |
Total non-operating income (expense), net | (91.8) |  |  | 58.2 |  |  | 13.6 |
Consolidated income before taxes | $ | 357.0 |  |  | $ | 569.1 |  |  | $ | 574.6 |
Schedule Of Revenue From Customers by Geographic Area | The disaggregation of revenue by geography is summarized in the tables below. Revenue is defined as revenue from external customers attributed to countries based on the location of the customer and excludes the effects of certain acquired deferred revenue that was written down to fair value in purchase accounting, consistent with the Reporting Segment tables above.
| Reporting Segments
| Buildings and Infrastructure |  | Geospatial |  | Resources and Utilities |  | Transportation |  | Total
(In millions) |  |  |  |  |  |  |  |  |
2023 |  |  |  |  |  |  |  |  |
North America | $ | 1,026.0 |  |  | $ | 300.2 |  |  | $ | 217.5 |  |  | $ | 474.8 |  |  | $ | 2,018.5 |
Europe | 338.1 |  |  | 213.3 |  |  | 328.9 |  |  | 195.9 |  |  | 1,076.2 |
Asia Pacific | 196.6 |  |  | 141.9 |  |  | 56.9 |  |  | 33.5 |  |  | 428.9 |
Rest of World | 32.4 |  |  | 40.1 |  |  | 165.8 |  |  | 36.8 |  |  | 275.1 |
Total segment revenue | $ | 1,593.1 |  |  | $ | 695.5 |  |  | $ | 769.1 |  |  | $ | 741.0 |  |  | $ | 3,798.7 |
2022 |  |  |  |  |  |  |  |  |
North America | $ | 938.1 |  |  | $ | 320.7 |  |  | $ | 227.0 |  |  | $ | 469.4 |  |  | $ | 1,955.2 |
Europe | 337.1 |  |  | 247.8 |  |  | 374.3 |  |  | 78.7 |  |  | 1,037.9 |
Asia Pacific | 192.8 |  |  | 140.3 |  |  | 51.7 |  |  | 30.3 |  |  | 415.1 |
Rest of World | 26.0 |  |  | 47.7 |  |  | 168.6 |  |  | 25.8 |  |  | 268.1 |
Total segment revenue | $ | 1,494.0 |  |  | $ | 756.5 |  |  | $ | 821.6 |  |  | $ | 604.2 |  |  | $ | 3,676.3 |
2021 |  |  |  |  |  |  |  |  |
North America | $ | 823.5 |  |  | $ | 337.3 |  |  | $ | 212.2 |  |  | $ | 493.1 |  |  | $ | 1,866.1 |
Europe | 386.6 |  |  | 282.3 |  |  | 368.4 |  |  | 87.3 |  |  | 1,124.6 |
Asia Pacific | 188.4 |  |  | 161.4 |  |  | 67.3 |  |  | 30.2 |  |  | 447.3 |
Rest of World | 24.2 |  |  | 47.9 |  |  | 123.4 |  |  | 25.9 |  |  | 221.4 |
Total segment revenue | $ | 1,422.7 |  |  | $ | 828.9 |  |  | $ | 771.3 |  |  | $ | 636.5 |  |  | $ | 3,659.4 |
Schedule of Components Of Property and Equipment | The components of property and equipment, net were as follows:
At the End of Year | 2023 |  | 2022
(In millions) |  |  |
Property and equipment, net: |  |  |
Land, building, furniture, and leasehold improvements | $ | 237.4 |  |  | $ | 244.4 |
Machinery and equipment | 170.0 |  |  | 177.6 |
Software and licenses | 131.6 |  |  | 146.4 |
Construction in progress | 14.0 |  |  | 10.1 |
| 553.0 |  |  | 578.5 |
Less: accumulated depreciation | (350.5) |  |  | (359.5) |
Total property and equipment, net | $ | 202.5 |  |  | $ | 219.0 |
Property and equipment, net by geographic area were as follows:
At the End of Year | 2023 |  | 2022
(In millions) |  |  |
Property and equipment, net: |  |  |
United States | $ | 153.8 |  |  | $ | 157.7 |
Europe | 28.0 |  |  | 40.3 |
Asia Pacific and Rest of World | 20.7 |  |  | 21.0 |
Total property and equipment, net | $ | 202.5 |  |  | $ | 219.0 |

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