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Goodwill and Intangible Assets (Tables) | 6 Months Ended
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Jun. 26, 2022
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | The carrying amounts of goodwill as of June 26, 2022 and December 26, 2021 by reportable segment are as follows (in millions):
| As of June 26, 2022
| KGS |  | US |  | Total
Gross value | $ | 677.3 |  |  | $ | 127.9 |  |  | $ | 805.2 |
Less accumulated impairment | 239.5 |  |  | 13.8 |  |  | 253.3 |
Net | $ | 437.8 |  |  | $ | 114.1 |  |  | $ | 551.9 |
| As of December 26, 2021
| KGS |  | US |  | Total
Gross value | $ | 619.3 |  |  | $ | 127.9 |  |  | $ | 747.2 |
Less accumulated impairment | 239.5 |  |  | 13.8 |  |  | 253.3 |
Net | $ | 379.8 |  |  | $ | 114.1 |  |  | $ | 493.9 |
Schedule of intangible assets (finite-lived) | The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions):
| As of June 26, 2022 |  | As of December 26, 2021
| Gross Value |  | Accumulated Amortization |  | Net Value |  | Gross Value |  | Accumulated Amortization |  | Net Value
Acquired finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 80.5 |  |  | $ | (58.8) |  |  | $ | 21.7 |  |  | $ | 76.5 |  |  | $ | (57.6) |  |  | $ | 18.9 |
Contracts and backlog | 43.9 |  |  | (34.4) |  |  | 9.5 |  |  | 34.9 |  |  | (33.1) |  |  | 1.8 |
Developed technology and technical know-how | 39.6 |  |  | (26.3) |  |  | 13.3 |  |  | 31.4 |  |  | (25.8) |  |  | 5.6 |
Trade names | 5.0 |  |  | (2.2) |  |  | 2.8 |  |  | 2.7 |  |  | (2.0) |  |  | 0.7 |
In-process research and development | 11.0 |  |  | (0.3) |  |  | 10.7 |  |  | 9.5 |  |  | (0.2) |  |  | 9.3 |
Total finite-lived intangible assets | 180.0 |  |  | (122.0) |  |  | 58.0 |  |  | 155.0 |  |  | (118.7) |  |  | 36.3 |
Indefinite-lived trade names | 6.9 |  |  | — |  |  | 6.9 |  |  | 6.9 |  |  | — |  |  | 6.9 |
Total intangible assets | $ | 186.9 |  |  | $ | (122.0) |  |  | $ | 64.9 |  |  | $ | 161.9 |  |  | $ | (118.7) |  |  | $ | 43.2 |
Schedule of intangible assets (indefinite-lived) | The following table sets forth information for finite-lived and indefinite-lived intangible assets (in millions):
| As of June 26, 2022 |  | As of December 26, 2021
| Gross Value |  | Accumulated Amortization |  | Net Value |  | Gross Value |  | Accumulated Amortization |  | Net Value
Acquired finite-lived intangible assets: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 80.5 |  |  | $ | (58.8) |  |  | $ | 21.7 |  |  | $ | 76.5 |  |  | $ | (57.6) |  |  | $ | 18.9 |
Contracts and backlog | 43.9 |  |  | (34.4) |  |  | 9.5 |  |  | 34.9 |  |  | (33.1) |  |  | 1.8 |
Developed technology and technical know-how | 39.6 |  |  | (26.3) |  |  | 13.3 |  |  | 31.4 |  |  | (25.8) |  |  | 5.6 |
Trade names | 5.0 |  |  | (2.2) |  |  | 2.8 |  |  | 2.7 |  |  | (2.0) |  |  | 0.7 |
In-process research and development | 11.0 |  |  | (0.3) |  |  | 10.7 |  |  | 9.5 |  |  | (0.2) |  |  | 9.3 |
Total finite-lived intangible assets | 180.0 |  |  | (122.0) |  |  | 58.0 |  |  | 155.0 |  |  | (118.7) |  |  | 36.3 |
Indefinite-lived trade names | 6.9 |  |  | — |  |  | 6.9 |  |  | 6.9 |  |  | — |  |  | 6.9 |
Total intangible assets | $ | 186.9 |  |  | $ | (122.0) |  |  | $ | 64.9 |  |  | $ | 161.9 |  |  | $ | (118.7) |  |  | $ | 43.2 |

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