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Discontinued Operations and Disposal Groups (Tables)
12 Months Ended
Dec. 30, 2023
Discontinued Operations and Disposal Groups [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:
Fiscal Year
(In millions)20232022
Cash and cash equivalents$5.6 $4.0 
Accounts receivables, net15.4 3.5 
Inventories83.3 43.1 
Other current assets2.9 — 
Property, plant and equipment, net3.8 — 
Lease right-of-use assets
7.6 — 
Goodwill43.0 — 
Indefinite-lived intangibles67.0 11.4 
Amortizable intangibles, net21.0 — 
Other assets7.8 5.9 
Impairment of carrying value(96.8)— 
Total assets held for sale160.6 67.9 
Accounts payable4.8 8.1 
Lease liabilities9.0 — 
Accrued liabilities9.0 0.7 
Other liabilities1.4 — 
Total liabilities held for sale$24.2 $8.8