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Intangible Assets, net (Tables)

9 Months Ended

Sep. 28, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Schedule of Finite-Lived Intangible Assets, net

Intangible assets, net, consist of the following:


			September 28, 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			$	184.7					$	(15.7)					$	169.0					$	209.2					$	(31.5)					$	177.7
Acquired technologies			135.0						(19.7)						115.3						174.7						(45.3)						129.4
Capitalized software development costs			55.9						(7.5)						48.4						53.9						(15.2)						38.7
Licenses			36.8						(5.9)						30.9						39.7						(7.4)						32.3
Patents			43.1						(16.9)						26.2						39.2						(15.2)						24.0
Trademarks			19.1						(7.3)						11.8						20.1						(7.4)						12.7
Non-compete agreements			3.0						(0.4)						2.6						6.3						(2.6)						3.7
Licenses-related party			7.5						(7.0)						0.5						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			$	486.7					$	(81.5)					$	405.2					$	552.3					$	(132.4)					$	419.9
Intangible assets not subject to amortization:
Trademarks															$	235.6																	$	242.4
Impairment charge															—																		(10.0)
Total trademarks															235.6																		232.4
Intangible assets, net															$	640.8																	$	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)			$	13.6
2025			53.0
2026			53.8
2027			40.6
2028			40.3
Thereafter			203.9
Total			$	405.2