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Balance Sheet Information
6 Months Ended
Jul. 01, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Balance Sheet Information

3. Balance Sheet Information

Supplemental information on our balance sheets is as follows:

 

(In millions)

 

July 1,
2023

 

 

December 31,
2022

 

Inventories:

 

 

 

 

 

 

Raw materials and supplies

 

$

338.7

 

 

$

309.4

 

Work in process

 

 

76.8

 

 

 

83.5

 

Finished products

 

 

539.0

 

 

 

628.4

 

Total inventories

 

$

954.5

 

 

$

1,021.3

 

 

 

 

 

 

 

 

Property, plant and equipment, gross

 

$

1,734.8

 

 

$

1,614.3

 

Less: accumulated depreciation

 

 

868.2

 

 

 

830.6

 

Property, plant and equipment, net

 

$

866.6

 

 

$

783.7