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Long-Lived Assets (Tables)

6 Months Ended

Jul. 02, 2022

Property, Plant and Equipment [Abstract]

Summary of Property, Plant and Equipment

A summary of property, plant and equipment is shown below (in millions):

			July 2, 2022						December 31, 2021
Land			$	103.3					$	108.7
Buildings and improvements			834.9						850.3
Machinery and equipment			4,623.8						4,497.7
Construction in progress			383.3						345.6
Total property, plant and equipment			5,945.3						5,802.3
Less – accumulated depreciation			(3,166.6)						(3,082.2)
Property, plant and equipment, net			$	2,778.7					$	2,720.1

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- References

No definition available.

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- Definition

Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229

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