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Other Current Assets
6 Months Ended
Jul. 01, 2023
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets
5. Other Current Assets
Other current assets consist of the following:
(in millions)July 1,
2023
December 31,
2022
Prepaid expenses$67.7 $60.7 
Prepaid income taxes24.6 29.2 
Lease receivable, current30.3 28.5 
Indirect taxes receivable24.9 26.8 
Prepaid rebates and royalties, current4.9 3.7 
Contract assets, current4.8 3.9 
Restricted cash(1)
2.4 2.4 
Other current assets6.5 3.6 
     Total other current assets$166.1 $158.8 
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(1)     Restricted cash includes funds received from the Bill and Melinda Gates Foundation. As the Company incurs costs associated with research and development related to this project, on a quarterly basis, the Company reclasses amounts from the grant to offset costs incurred.