Investments

3 Months Ended

Apr. 03, 2021

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	April 3, 2021		December 31, 2020
Fair value method	Prepaid expenses and other current assets	$	2.9	$	2.5
Fair value method(1)	Other non-current assets	$	1.5	$	1.9
Equity method	Other non-current assets	$	69.1	$	69.8

(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	April 3, 2021		March 28, 2020
Fair value method	Other (income) expense, net	$	—	$	2.9
Equity method	Other (income) expense, net	$	0.7	$	(0.7)