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Intangible Assets, net (Tables)

3 Months Ended

Mar. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets

Intangible assets, net, consist of the following:


			March 30, 2024																		December 30, 2023
(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			$	184.4					$	(15.1)					$	169.3					$	209.2					$	(31.5)					$	177.7
Acquired technologies			138.5						(18.6)						119.9						174.7						(45.3)						129.4
Licenses			45.3						(5.0)						40.3						39.7						(7.4)						32.3
Capitalized software development costs			48.7						(6.9)						41.8						53.9						(15.2)						38.7
Patents			40.8						(15.8)						25.0						39.2						(15.2)						24.0
Trademarks			19.1						(6.8)						12.3						20.1						(7.4)						12.7
Non-compete agreements			3.8						(0.4)						3.4						6.3						(2.6)						3.7
Licenses-related party			7.5						(6.8)						0.7						7.5						(6.7)						0.8
Other			1.6						(1.1)						0.5						1.7						(1.1)						0.6
Total intangible assets subject to amortization, net			$	489.7					$	(76.5)					$	413.2					$	552.3					$	(132.4)					$	419.9
Intangible assets not subject to amortization:
Trademarks															$	222.7																	$	242.4
Impairment charge															—																		(10.0)
Total trademarks															222.7																		232.4
Intangible assets, net															$	635.9																	$	652.3

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 (balance of year)			$	44.8
2025			56.1
2026			44.7
2027			43.3
2028			43.0
Thereafter			181.3
Total			$	413.2