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Divestitures (Tables)
 6 Months Ended
Jul. 01, 2023
Divestitures [Abstract]  
Schedule of gain loss on sale of business
The following table summarizes the net gain recognized in connection with the divestiture:
(In millions)
Net proceeds$83.4 
Net assets disposed(65.9)
Direct costs to sell(1.6)
AOCI reclassification adjustment, foreign currency translation4.2 
Gain on sale of business$20.1 
Disposal Groups, Including Discontinued Operations [Table Text Block]
The following is a summary of the major categories of assets and liabilities that have been classified as held for sale on the consolidated condensed balance sheets at July 1, 2023:
(In millions)July 1, 2023
Cash and cash equivalents$3.6 
Accounts receivables, net4.7 
Inventories10.8 
Total assets held for sale$19.1 
Accounts payable$3.4 
Accrued liabilities0.7 
Total liabilities held for sale$4.1