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Commitments and Contingencies | 9 Months Ended
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Sep. 28, 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 nine months ended September 28, 2024 and September 30, 2023:
(in millions) | September 28, 2024 |  | September 30, 2023
Balance at beginning of period | $ | 157.6 |  |  | $ | 146.7 |
Payments | (78.0) |  |  | (65.5) |
Provisions/additions for contracts issued/sold | 59.0 |  |  | 67.7 |
Aggregate changes for preexisting warranties | 10.6 |  |  | 8.6 |
Foreign currency translation | — |  |  | (0.3) |
Other | (3.0) |  |  | 1.2 |
Balance at end of period | $ | 146.2 |  |  | $ | 158.4 |
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 nine months ended September 28, 2024 and September 30, 2023:
(in millions) | September 28, 2024 |  | September 30, 2023
Balance at beginning of period | $ | 127.2 |  |  | $ | 112.5 |
Extended warranty contracts sold | 34.5 |  |  | 34.1 |
Revenue recognized on existing extended warranty contracts | (22.8) |  |  | (19.7) |
Foreign currency translation | (0.2) |  |  | — |
Other | (0.2) |  |  | (0.3) |
Balance at end of period | $ | 138.5 |  |  | $ | 126.6 |

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