Note 6—Financial Statement Details


	Year Ended
	December 27, 2015		December 28, 2014
	(In millions)
Inventories, net
Raw materials	$	40.4	$	44.0
Work in process		157.6		141.4
Finished goods		106.2		79.5

Total inventories, net	$	304.2	$	264.9


	Year Ended
	December 27, 2015		December 28, 2014
	(In millions)
Property, plant and equipment
Land and improvements	$	17.7	$	19.8
Buildings and improvements		284.6		397.5
Machinery and equipment		1,667.4		1,902.4
Construction in progress		52.1		52.1

Total property, plant and equipment		2,021.8		2,371.8
Less accumulated depreciation		1,471.4		1,744.1

Total property, plant, and equipment, net	$	550.4	$	627.7

Depreciation expense totaled $124.0 million, $129.1 million and $129.7 million for 2015, 2014 and 2013, respectively.

Assets classified as held for sale are required to be recorded at the lower of carrying value or fair value less any costs to sell. The carrying value of these assets, as of the fourth quarter of 2015, was $15.4 million and is reported in the other current assets line of our statement of financial position. We expect to dispose of these assets within the next twelve months.


	Year Ended
	December 27, 2015		December 28, 2014
	(In millions)
Accrued expenses and other current liabilities
Payroll and employee related accruals	$	60.9	$	64.0
Accrued interest		0.4		0.3
Taxes payable		12.1		9.0
Restructuring		7.5		30.2
Other		34.7		26.1

Total accrued expenses and other current liabilities	$	115.6	$	129.6


	Year Ended
	December 27, 2015			December 28, 2014			December 29, 2013
	(in millions)
Other expense, net
Interest expense	$	5.7		$	6.3		$	6.4
Interest income		(0.6	)		(0.6	)		(0.6	)
Other, net		0.3			0.8			3.4

Other expense, net	$	5.4		$	6.5		$	9.2