XML 68 R15.htm IDEA: XBRL DOCUMENT v3.19.3
Investments
9 Months Ended
Sep. 28, 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
 
September 28,
2019
 
December 31,
2018
Fair value method
 
Prepaid expenses and other current assets
 
$
2.6

 
$
9.4

Fair value method(1)
 
Other non-current assets
 
$
2.3

 
$
4.4

Equity method
 
Other non-current assets
 
$
17.2

 
$
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
 
Nine Months Ended
Measurement Category
 
Income Statement Location
 
September 28,
2019
 
September 29,
2018
 
September 28,
2019
 
September 29,
2018
Fair value method
 
Other (income) expense, net
 
$
0.9

 
$
0.9

 
$
8.8

 
$
11.6

Equity method
 
Other (income) expense, net
 
$
(0.3
)
 
$
(1.0
)
 
$
(2.1
)
 
$
(1.6
)


During the nine months ended September 29, 2018, we increased our equity method investment in Zibo Xinhua - Perrigo Pharmaceutical Company Limited by $7.5 million.