XML 57 R42.htm IDEA: XBRL DOCUMENT v3.24.0.1
Leases (Tables)
 12 Months Ended
Dec. 30, 2023
Leases [Abstract]  
Other Information Related to Leases

Other information related to leases was as follows:

 

(In millions, except lease term and discount rate)

 

December 30, 2023

 

 

December 31, 2022

 

 

December 31, 2021

 

Cash paid for amounts included in the measurement of
   lease liabilities:

 

 

 

 

 

 

 

 

 

Operating cash flows from operating leases

 

$

36.5

 

 

$

35.1

 

 

$

33.3

 

Right-of-use assets obtained in exchange for operating
   lease obligations

 

$

87.1

 

 

$

21.6

 

 

$

33.9

 

Weighted average remaining lease term - operating leases

 

6.7 years

 

 

5.6 years

 

 

6.1 years

 

Weighted average discount rate - operating leases

 

 

4.1

%

 

 

3.6

%

 

 

3.5

%
Lease Payments Under Non-Cancellable Leases

Future lease payments under non-cancelable operating leases as of December 30, 2023 were as follows:

 

(In millions)

 

 

 

 

 

 

 

2024

 

$

37.6

 

2025

 

 

32.9

 

2026

 

 

29.5

 

2027

 

 

24.6

 

2028

 

 

20.9

 

Thereafter

 

 

61.1

 

Total lease payments

 

 

206.6

 

Less imputed interest

 

 

(26.2

)

Total

 

$

180.4

 

Reported as of December 30, 2023

 

 

 

Other current liabilities

 

$

37.1

 

Operating lease liabilities

 

 

143.3

 

Total

 

$

180.4