Investments (Tables)

3 Months Ended

Apr. 03, 2021

Investments [Abstract]

Equity Securities

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.

Equity Security Expense (Income)

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)