XML 49 R33.htm IDEA: XBRL DOCUMENT
v3.22.0.1

Goodwill and Other Intangibles (Tables) | 12 Months Ended
--- | ---
Jan. 01, 2022
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) | 2021 |  | 2020
Goodwill balance at beginning of the year | $ | 442.4 |  |  | $ | 438.9 |
Acquisition of a business (see Note 19) | 118.9 |  |  | — |
Foreign currency translation effects | (4.7) |  |  | 3.5 |
Goodwill balance at end of the year | $ | 556.6 |  |  | $ | 442.4 |
Schedule of amortizable intangible assets [Table Text Block] | The combined gross carrying values and accumulated amortization for these amortizable intangibles are as follows:
| January 1, 2022
(In millions) | Gross carrying value |  | Accumulated amortization |  | Net |  | Average remaining life (years)
Customer relationships | $ | 119.9 |  |  | $ | 49.1 |  |  | $ | 70.8 |  |  | 11
Other | 20.3 |  |  | 16.5 |  |  | 3.8 |  |  | 3
Total | $ | 140.2 |  |  | $ | 65.6 |  |  | $ | 74.6 |  |  |
| 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 |  |  |
Estimated Aggregate Future Amortization Expense for Intangibles Assets | Estimated aggregate amortization expense for such intangibles for the fiscal years subsequent to January 1, 2022 is as follows:
(In millions) | 2022 |  | 2023 |  | 2024 |  | 2025 |  | 2026
Amortization expense | $ | 7.8 |  |  | $ | 7.4 |  |  | $ | 7.1 |  |  | $ | 6.7 |  |  | $ | 6.4 |

X
- References No definition available. + Details
Name: | us-gaap_GoodwillAndIntangibleAssetsDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of assets, excluding financial assets and goodwill, lacking physical substance with a finite life, by either major class or business segment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16265-109275 + Details
Name: | us-gaap_ScheduleOfFiniteLivedIntangibleAssetsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of goodwill by reportable segment and in total which includes a rollforward schedule. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13854-109267 + Details
Name: | us-gaap_ScheduleOfGoodwillTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of amortization expense expected to be recorded in succeeding fiscal years for finite-lived intangible assets. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 30 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66006027&loc=d3e16323-109275 + Details
Name: | us-gaap_ScheduleofFiniteLivedIntangibleAssetsFutureAmortizationExpenseTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration