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Other Current Assets
6 Months Ended
Jun. 29, 2024
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)June 29,
2024
December 30,
2023
Prepaid income taxes$44.2 $29.3 
Prepaid expenses40.8 58.3 
Lease receivable, current28.6 30.2 
Indirect taxes receivable25.6 28.6 
Contract assets, current7.4 6.7 
Other receivables6.8 6.8 
Prepaid rebates and royalties, current4.9 4.8 
Restricted cash(1)
2.8 3.0 
Other current assets0.8 0.7 
     Total other current assets$161.9 $168.4 
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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.