Assets and Liabilities Held For Sale (Notes)

6 Months Ended

Jul. 01, 2017

Assets and Liabilities Held For Sale [Abstract]

Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]

ASSETS AND LIABILITIES HELD FOR SALE

In May 2017, the Company agreed to enter into a global, multi-year licensing agreement of the Stride Rite^® brand. As part of this agreement, which became effective in the third quarter of fiscal 2017, the Company agreed to sell inventory and certain other assets and liabilities related to the Stride Rite^® brand and provide certain transition services to the licensee. The sale of inventory and other assets and liabilities was completed in the third quarter of fiscal 2017. Subsequent to quarter end, the Company received cash proceeds of $16.1 million for the sale of these assets and liabilities. The assets and liabilities sold are classified as held for sale as of July 1, 2017, and are as follows:

(In millions)	July 1, 2017
Inventory	$	16.3
Other current assets	0.6
Other accrued liabilities	(1.8		)
Total assets and liabilities held for sale	$	15.1