Balance Sheet Information

12 Months Ended

Dec. 30, 2023

3. Balance Sheet Information

Supplemental information on our year-end consolidated balance sheets is as follows:


(In millions)	December 30, 2023		December 31, 2022
Inventories:
Raw materials and supplies	$	352.4	$	309.4
Work in process		83.2		83.5
Finished products		546.7		628.4
Total inventories	$	982.3	$	1,021.3
Property, plant and equipment:
Land and improvements	$	53.6	$	51.9
Buildings and improvements to leaseholds		320.3		285.1
Machinery and equipment		1,147.7		1,052.2
Construction in progress		383.2		225.1
Property, plant and equipment, gross		1,904.8		1,614.3
Less: accumulated depreciation		929.8		830.6
Property, plant and equipment, net of accumulated depreciation	$	975.0	$	783.7
Other current liabilities:
Accrued salaries, wages and other compensation	$	125.4	$	57.6
Accrued customer programs		221.2		227.6
Accrued taxes		31.5		24.8
Dividends payable		30.3		29.4
Other accrued expenses		223.9		184.5
Total other current liabilities	$	632.3	$	523.9