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Leases (Notes) | 12 Months Ended
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Dec. 30, 2023
Leases [Abstract] |
Lessee, Operating Leases [Text Block] | LEASES The following is a summary of the Company’s lease cost.
| Fiscal Year
(In millions) | 2023 |  | 2022 |  |
Operating lease cost | $ | 40.4 |  |  | $ | 36.0 |  |  |
Variable lease cost | 13.8 |  |  | 14.5 |  |  |
Short-term lease cost | 4.6 |  |  | 3.1 |  |  |
Sublease income | (6.0) |  |  | (8.3) |  |  |
Total lease cost | $ | 52.8 |  |  | $ | 45.3 |  |  |
The following is a summary of the Company’s supplemental cash flow information related to leases.
| Fiscal Year
(In millions) | 2023 |  | 2022
Cash paid for operating lease liabilities | $ | 44.3 |  |  | $ | 39.5 |
Operating lease assets obtained in exchange for lease liabilities | 14.2 |  |  | 72.5 |
The weighted-average discount rate for operating leases as of December 30, 2023 is 5.3%. The weighted-average remaining lease term for operating leases as of December 30, 2023 is 7.6 years. Future undiscounted cash flows for operating leases for the fiscal periods subsequent to December 30, 2023 are as follows:
(In millions) | Operating Leases
2023 | $ | 35.2 |
2024 | 31.7 |
2025 | 27.1 |
2026 | 23.5 |
2027 | 20.9 |
Thereafter | 72.3 |
Total future payments | 210.7 |
Less: imputed interest | 43.6 |
Recognized lease liability | $ | 167.1 |
The Company did not enter into any real estate leases with commencement dates subsequent to December 30, 2023.

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- Definition The entire disclosure for operating leases of lessee. Includes, but is not limited to, description of operating lease and maturity analysis of operating lease liability. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 842 -SubTopic 20 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org//842-20/tableOfContent + Details
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