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Commitments and Contingencies | 6 Months Ended
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Jun. 29, 2024
Commitments and Contingencies Disclosure [Abstract] |
Commitments and Contingencies | Commitments and Contingencies Product Warranties The following activity related to product warranty liabilities was recorded in Accrued expenses during the six months ended June 29, 2024 and July 1, 2023:
(in millions) | June 29, 2024 |  | July 1, 2023
Balance at beginning of period | $ | 157.6 |  |  | $ | 146.7 |
Payments | (49.3) |  |  | (40.2) |
Provisions/additions for contracts issued/sold | 44.2 |  |  | 45.9 |
Aggregate changes for preexisting warranties | 3.7 |  |  | 2.7 |
Foreign currency translation | (1.0) |  |  | 0.5 |
Other | (2.9) |  |  | 1.4 |
Balance at end of period | $ | 152.3 |  |  | $ | 157.0 |
Extended Product Warranties The following activity related to deferred revenue for extended product warranty contracts was recorded in Accrued expenses and Other long-term liabilities during the six months ended June 29, 2024 and July 1, 2023:
(in millions) | June 29, 2024 |  | July 1, 2023
Balance at beginning of period | $ | 127.2 |  |  | $ | 112.5 |
Extended warranty contracts sold | 23.8 |  |  | 22.6 |
Revenue recognized on existing extended warranty contracts | (14.8) |  |  | (12.8) |
Foreign currency translation | (0.3) |  |  | 0.2 |
Other | (0.3) |  |  | (0.2) |
Balance at end of period | $ | 135.6 |  |  | $ | 122.3 |

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