Inventories

6 Months Ended

Jul. 03, 2022

Inventory Disclosure [Abstract]

Inventories

InventoriesInventories are stated at current cost, net of reserves for excess, slow moving and obsolete inventory. Inventories are primarily valued under the FIFO method or average cost method, with an immaterial amount of inventories valued under the LIFO method.

	Balance at
Inventories (in millions):	July 3, 2022		January 2, 2022
Raw materials and supplies	$	538.6	$	479.8
Work in process	140.4		123.0
Finished goods	142.5		150.1
Total inventories, net	$	821.5	$	752.9