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Related party transactions
6 Months Ended
Jun. 28, 2025
Related Party Transactions [Abstract]  
Related party transactions Related party transactions
A. Equity method investees
Purchases from equity method investees were as follows:
Three months endedSix months ended
(dollars in millions)
June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Purchases
$(3.8)$(3.9)$(7.5)$(7.9)
Amounts outstanding in respect of these transactions were payables of $0.1 million as of June 28, 2025, compared to $0.1 million as of December 28, 2024. No dividends were received from our equity method investees during the periods presented.
B. Non-Gates entities controlled by non-controlling shareholders
Sales to and purchases from non-Gates entities controlled by non-controlling shareholders were as follows:
Three months endedSix months ended
(dollars in millions)
June 28,
2025
June 29,
2024
June 28,
2025
June 29,
2024
Sales$11.0 $9.8 $21.5 $19.4 
Purchases$(4.0)$(3.5)$(7.9)$(7.2)
Amounts outstanding in respect of these transactions were as follows:
(dollars in millions)
As of
June 28, 2025
As of
December 28, 2024
Receivables$4.1 $3.7 
Payables$(3.4)$(2.8)