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Other Current Assets (Tables) | 12 Months Ended
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Dec. 28, 2024
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract] |
Schedule of Other Non-Current Assets | Other current assets consist of the following:
(in millions) | December 28, 2024 |  | December 30, 2023
Prepaid expenses | $ | 36.6 |  |  | $ | 58.3 |
Prepaid income taxes | 34.1 |  |  | 29.3 |
Lease receivable, current | 26.6 |  |  | 30.2 |
Indirect taxes receivable | 24.8 |  |  | 28.6 |
Contract assets, current | 11.4 |  |  | 6.7 |
Prepaid rebates and royalties | 4.6 |  |  | 4.8 |
Restricted cash(1) | 2.7 |  |  | 3.0 |
Other current assets | 4.3 |  |  | 7.5 |
Total other current assets | $ | 145.1 |  |  | $ | 168.4 |
______________ (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. Other non-current assets consist of the following:
(in millions) | December 28, 2024 |  | December 30, 2023
Lessee ROU assets, net | $ | 74.4 |  |  | $ | 59.1 |
Prepaid deposits and other | 9.4 |  |  | 6.4 |
Strategic investments(1) | 6.6 |  |  | 7.2 |
Derivative assets - non-current(2) | 6.2 |  |  | 11.4 |
Equity investments - fair value(1) | 2.0 |  |  | 2.7 |
Restricted cash(3) | 1.1 |  |  | 2.2 |
Other non-current assets | 0.4 |  |  | 0.3 |
Total non-current assets | $ | 100.1 |  |  | $ | 89.3 |
______________ (1) During the fourth quarter of 2024, in connection with the Company’s strategic realignment initiative, the Company abandoned its investment in certain strategic investments of approximately $1.6 million, which were recorded to selling, general and administrative expenses. (2) Excludes accrued interest. (3) Restricted cash includes cash held in certain subsidiaries in jurisdictions outside of the U.S. such as China, which may be subject to transfer restrictions depending on jurisdictions.

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- Definition Tabular disclosure of the carrying amounts of other assets. This disclosure includes other current assets and other noncurrent assets. + References No definition available. + Details
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