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Investments
 6 Months Ended
Jun. 29, 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
 
June 29,
2019
 
December 31,
2018
Fair value method
 
Prepaid expenses and other current assets
 
$
2.8

 
$
9.4

Fair value method(1)
 
Other non-current assets
 
$
2.8

 
$
4.4

Equity method
 
Other non-current assets
 
$
16.8

 
$
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
 
Six Months Ended
Measurement Category
 
Income Statement Location
 
June 29,
2019
 
June 30,
2018
 
June 29,
2019
 
June 30,
2018
Fair value method
 
Other (income) expense, net
 
$
1.8

 
$
6.3

 
$
7.9

 
$
10.6

Equity method
 
Other (income) expense, net
 
$
(1.0
)
 
$
(0.9
)
 
$
(1.7
)
 
$
(0.7
)


During the three months ended June 30, 2018, Perrigo Asia Holding Company Limited increased its investment in Zibo Xinhua - Perrigo Pharmaceutical Company Limited by $7.5 million.