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Lease Receivable (Tables) | 6 Months Ended
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Jul. 01, 2023
Leases [Abstract] |
Schedule of Sale-Type Lease Receivable | Lease receivable from sales-type leases consists of the following:
(in millions) | July 1, 2023 |  | December 31, 2022 |  |
Lease receivable | $ | 108.1 |  |  | $ | 101.8 |  |  |
Allowance for credit loss | (0.3) |  |  | (0.2) |  |  |
Lease receivable, net | 107.8 |  |  | 101.6 |  |  |
Less: current portion of lease receivable | (30.3) |  |  | (28.5) |  |  |
Lease receivable, non-current | $ | 77.5 |  |  | $ | 73.1 |  |  |
Schedule of Sales-type Lease, Lease Receivable, Maturity | As of July 1, 2023, estimated future maturities of customer sales-type lease receivables and operating lease payments for each of the following fiscal years are as follows:
| Future Lease Receivables/Payments (in millions)
Fiscal year | Sales-Type Leases |  | Operating Leases
2023 (balance of year) | $ | 15.5 |  |  | $ | 4.4 |
2024 | 28.8 |  |  | 7.5 |
2025 | 23.5 |  |  | 6.5 |
2026 | 17.3 |  |  | 5.9 |
2027 | 11.6 |  |  | 4.5 |
Thereafter | 11.1 |  |  | 5.7 |
Total | $ | 107.8 |  |  | $ | 34.5 |
Less: imputed interest(1) | — |  |  |
Present value of total lease payments | $ | 107.8 |  |  |
______________ (1) The calculation of the rates implicit in the leases resulted in negative discount rates. Therefore, the Company as a lessor used a 0% discount rate to measure the net investment in the lease.

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- Definition Sale-Type Lease Receivable [Table Text Block] + References No definition available. + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received on annual basis for sales-type and direct financing leases receivable. Includes, but is not limited to, reconciliation to lease receivable recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 30 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479773/842-30-50-10 + Details
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