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Other Non-Current Assets (Tables)
 12 Months Ended
Dec. 28, 2024
Other Assets, Noncurrent [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 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 
______________
(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 other9.4 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 assets0.4 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.