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Investments
 3 Months Ended
Mar. 30, 2019
Investments [Abstract]  
Investments INVESTMENTS

The following table summarizes the measurement category, balance sheet location, and balances of our equity securities (in millions):
Measurement Category
 
Balance Sheet Location
 
March 30,
2019
 
December 31,
2018
Fair value method
 
Prepaid expenses and other current assets
 
$
3.7

 
$
9.4

Fair value method(1)
 
Other non-current assets
 
$
3.7

 
$
4.4

Equity method
 
Other non-current assets
 
$
15.8

 
$
15.1


(1)
Measured at fair value using the Net Asset Value practical expedient.

The following table summarizes the expense (income) recognized in earnings of our equity securities (in millions):
 
 
 
 
Three Months Ended
Measurement Category
 
Income Statement Location
 
March 30,
2019
 
March 31,
2018
Fair value method
 
Other (income) expense, net
 
$
6.1

 
$
4.4

Equity method
 
Other (income) expense, net
 
$
(0.7
)
 
$
0.2



On January 1, 2018, as a result of the adoption of ASU 2016-01 Financial Instruments - Recognition and Measurement of Financial Assets and Liabilities ("ASU 2016-01"), we made a $1.0 million cumulative-effect adjustment to Retained earnings (accumulated deficit) net of tax that consisted of net unrealized losses on previously classified as available for sale securities from Other comprehensive income ("OCI").