XML 44 R29.htm IDEA: XBRL DOCUMENT
v3.24.0.1

Commitments | 12 Months Ended
--- | ---
Dec. 30, 2023
Commitments and Contingencies Disclosure [Abstract] |
Commitments | 18. Commitments Purchase Obligations Purchase obligations of the Company as of December 30, 2023 were $635.3 million, of which $622.8 million is due within one year. Purchase obligations include contracts for raw materials and finished goods purchases, selling and administrative services, and capital expenditures. Product Warranties We generally record warranty expense related to contractual warranty terms at the time of sale. We may also provide customer concessions for claims made outside of the contractual warranty terms, and those expenses are recorded in the period in which the concession is made. We offer our customers various warranty terms based on the type of product that is sold. Warranty expense is determined based on historic claim experience and the nature of the product category. The following table summarizes activity related to our product warranty liability for 2023, 2022, 2021.
(In millions) |  | 2023 |  |  |  | 2022 |  |  | 2021 |
Reserve balance at the beginning of the year |  | $ | 20.1 |  |  |  | $ | 19.5 |  |  | $ | 19.0 |
Provision for warranties issued |  |  | 8.7 |  |  |  |  | 8.1 |  |  |  | 8.5 |
Settlements made (in cash or in kind) |  |  | (10.4 | ) |  |  |  | (9.0 | ) |  |  | (8.4 | )
Acquisition |  |  | — |  |  |  |  | 1.7 |  |  |  | 0.3 |
Foreign currency |  |  | — |  |  |  |  | (0.2 | ) |  |  | 0.1 |
Reserve balance at end of year |  | $ | 18.4 |  |  |  | $ | 20.1 |  |  | $ | 19.5 |

X
- References No definition available. + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for commitments and contingencies. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482648/440-10-50-4 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 450 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//450/tableOfContent Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 954 -SubTopic 440 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147480327/954-440-50-1 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 440 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 4 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482648/440-10-50-4 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 440 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//440/tableOfContent + Details
Name: | us-gaap_CommitmentsAndContingenciesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration