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Goodwill and Other Intangibles (Tables)

12 Months Ended

Jan. 02, 2021

Goodwill and Intangible Assets Disclosure [Abstract]

Carrying Amount of Goodwill and Other Non-Amortizable Intangibles

The changes in the carrying amount of goodwill are as follows:

			Fiscal Year
(In millions)			2020						2019
Goodwill balance at beginning of the year			$	438.9					$	424.4
Acquisition of a business (see Note 19)			—						12.0
Foreign currency translation effects			3.5						2.5
Goodwill balance at end of the year			$	442.4					$	438.9

Schedule of amortizable intangible assets [Table Text Block]

The combined gross carrying values and accumulated amortization for these amortizable intangibles are as follows:

			January 2, 2021
(In millions)			Gross carrying value						Accumulated amortization						Net						Average remaining life (years)
Customer relationships			$	114.5					$	44.9					$	69.6					12
Other			18.7						15.3						3.4						3
Total			$	133.2					$	60.2					$	73.0

			December 28, 2019
(In millions)			Gross carrying value						Accumulated amortization						Net						Average remaining life (years)
Customer relationships			$	113.3					$	38.8					$	74.5					13
Other			17.3						14.0						3.3						3
Total			$	130.6					$	52.8					$	77.8

Estimated Aggregate Future Amortization Expense for Intangibles Assets

Estimated aggregate amortization expense for such intangibles for the fiscal years subsequent to January 2, 2021 is as follows:

(In millions)			2021						2022						2023						2024						2025
Amortization expense			$	7.1					$	6.8					$	6.6					$	6.3					$	6.0

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Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment.

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 30
-Section 50
-Paragraph 2
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Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule.

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Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets.

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-Name Accounting Standards Codification
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-SubTopic 30
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