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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Oct. 01, 2022
Oct. 02, 2021
Cash flows from operating activities:    
Net income $ 102.6 $ 161.4
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 56.6 26.5
Stock-based compensation 41.7 33.5
Gain on disposal of equipment, intangibles and other assets 0.1 0.3
Provision for credit losses 1.2 0.6
Amortization of debt issuance cost 0.9 0.0
Changes in operating assets and liabilities:    
Increase in accounts receivable (66.7) (51.0)
(Increase) decrease in inventories (71.0) 12.3
Decrease in other current assets 11.7 4.4
Increase in lease receivable, net (5.9) (9.3)
Increase in deferred costs and other contract assets (31.6) (2.6)
(Increase) decrease in other non-current assets (22.2) 0.1
Increase (decrease) in accounts payable 69.6 (4.3)
Decrease in accrued compensation (6.9) (1.3)
Decrease in accrued liabilities (26.5) (4.0)
Decrease in income tax payable (8.4) (1.5)
Increase in deferred revenue and other contract-related liabilities 19.7 1.4
(Decrease) increase in other non-current liabilities (28.9) 0.6
Net cash provided by operating activities 36.0 167.1
Cash flows from investing activities:    
Purchases of property and equipment, net (36.0) (20.7)
Increase in intangible assets (13.9) (8.2)
Business combinations, net of cash acquired (985.0) 0.0
Other strategic investing activities 0.0 (2.6)
Net cash used in investing activities (1,034.9) (31.5)
Cash flows from financing activities:    
Borrowings under line of credit 1,050.6 0.0
Repayments on line of credit (96.3) 0.0
Debt issuance costs (9.3) 0.0
Proceeds from issuance of common stock 6.9 19.0
Payroll tax withholdings on behalf of employees for vested equity awards (25.4) (16.7)
Repurchases of common stock (401.4) (128.9)
Net cash provided by (used in) financing activities 525.1 (126.6)
Effect of foreign currency exchange rates on cash (52.5) (0.1)
Net (decrease) increase in cash, cash equivalents and restricted cash (526.3) 8.9
Cash, cash equivalents and restricted cash at beginning of period 748.4 645.0
Cash, cash equivalents and restricted cash at end of period $ 222.1 $ 653.9