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Property and Equipment, net (Tables)
3 Months Ended
Apr. 01, 2023
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment Property and equipment are stated at cost. Depreciation is calculated using the straight-line method over estimated useful lives as follows:
Useful Lives
Buildings and building improvements
7 to 39 years
Computer equipment and software
2 to 12 years
Demonstration units
2 to 3 years
Furniture and office equipment
2 to 15 years
Leasehold improvementsLesser of useful life or term of lease
Machinery, equipment and tooling
3 to 20 years
Operating lease assetsLesser of useful life or term of lease
Transportation, vehicles and other
1 to 20 years
Property and equipment, net, consists of the following:
(in millions)April 1,
2023
December 31,
2022
Building and building improvements$150.9 $151.0 
Machinery, equipment and tooling150.2 149.4 
Land66.2 65.1 
Operating lease assets51.9 50.2 
Computer equipment and software43.6 42.1 
Leasehold improvements33.7 32.3 
Transportation, vehicles and other33.2 32.7 
Furniture and office equipment19.8 19.4 
Demonstration units9.7 11.2 
Construction-in-progress (CIP)58.2 50.6 
     Total property and equipment617.4 604.0 
Accumulated depreciation(215.3)(201.5)
     Property and equipment, net$402.1 $402.5