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Intangible Assets, net (Tables) | 12 Months Ended
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Dec. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Finite-Lived Intangible Assets | Intangible assets, net, consist of the following:
| December 30, 2023 |  | As Adjusted, December 31, 2022(1)
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Intangible assets subject to amortization: |  |  |  |  |  |  |  |  |  |  |
Customer relationships | $ | 209.2 |  |  | $ | (31.5) |  |  | $ | 177.7 |  |  | $ | 220.9 |  |  | $ | (19.3) |  |  | $ | 201.6 |
Acquired technologies | 174.7 |  |  | (45.3) |  |  | 129.4 |  |  | 185.3 |  |  | (25.2) |  |  | 160.1 |
Capitalized software development costs | 53.9 |  |  | (15.2) |  |  | 38.7 |  |  | 25.0 |  |  | (2.9) |  |  | 22.1 |
Licenses | 39.7 |  |  | (7.4) |  |  | 32.3 |  |  | 39.0 |  |  | (4.4) |  |  | 34.6 |
Patents | 39.2 |  |  | (15.2) |  |  | 24.0 |  |  | 35.2 |  |  | (13.9) |  |  | 21.3 |
Trademarks | 20.1 |  |  | (7.4) |  |  | 12.7 |  |  | 19.8 |  |  | (5.8) |  |  | 14.0 |
Licenses-related party | 7.5 |  |  | (6.7) |  |  | 0.8 |  |  | 7.5 |  |  | (6.3) |  |  | 1.2 |
Non-compete agreements | 6.3 |  |  | (2.6) |  |  | 3.7 |  |  | 6.3 |  |  | (1.1) |  |  | 5.2 |
Other | 1.7 |  |  | (1.1) |  |  | 0.6 |  |  | 1.6 |  |  | (1.1) |  |  | 0.5 |
Total intangible assets subject to amortization, net | $ | 552.3 |  |  | $ | (132.4) |  |  | $ | 419.9 |  |  | $ | 540.6 |  |  | $ | (80.0) |  |  | $ | 460.6 |
Intangible assets not subject to amortization: |  |  |  |  |  |  |  |  |  |  |
Trademarks |  |  |  |  | $ | 242.4 |  |  |  |  |  |  | $ | 262.0 |
Impairment charge |  |  |  |  | (10.0) |  |  |  |  |  |  | — |
Total trademarks |  |  |  |  | 232.4 |  |  |  |  |  |  | 262.0 |
Intangible assets, net |  |  |  |  | $ | 652.3 |  |  |  |  |  |  | $ | 722.6 |
The following intangible assets reclassification adjustments were made as of September 30, 2023(1):
| As Adjusted, December 31, 2022 |  | As Previously Filed, December 31, 2022
(in millions) | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount |  | Gross Carrying Amount |  | Accumulated Amortization |  | Net Carrying Amount
Intangible assets subject to amortization: |  |  |  |  |  |  |  |  |  |
Capitalized software development costs | $ | 25.0 |  |  | $ | (2.9) |  |  | $ | 22.1 |  |  | $ | 5.5 |  |  | $ | (2.9) |  |  | $ | 2.6 |
Trademarks | 19.8 |  |  | (5.8) |  |  | 14.0 |  |  | 39.3 |  |  | (5.8) |  |  | 33.5 |
__________________ (1) The Company recorded an immaterial reclassification adjustment between the intangible assets balances in Trademarks and Capitalized Software Development Costs in the amount of $19.5 million, for the year ended December 31, 2022. There was no impact on total intangible assets, net as for December 30, 2022. The adjusted balances were reflected in the Form 10-Q for the quarter ended September 30, 2023, filed with the SEC November 8, 2023.
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense | Estimated amortization expense for each of the next fiscal years is as follows:
Fiscal year | Amount (in millions)
2024 | $ | 53.7 |
2025 | 51.0 |
2026 | 40.1 |
2027 | 39.2 |
2028 | 39.0 |
Thereafter | 196.9 |
Total | $ | 419.9 |

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