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Other Current Assets
12 Months Ended
Dec. 28, 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)December 28,
2024
December 30,
2023
Prepaid expenses$36.6 $58.3 
Prepaid income taxes34.1 29.3 
Lease receivable, current26.6 30.2 
Indirect taxes receivable24.8 28.6 
Contract assets, current11.4 6.7 
Prepaid rebates and royalties4.6 4.8 
Restricted cash(1)
2.7 3.0 
Other current assets4.3 7.5 
Total other current assets
$145.1 $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.