Investments

6 Months Ended

Jul. 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	July 3, 2021		December 31, 2020
Fair value method	Prepaid expenses and other current assets	$	1.6	$	2.5
Fair value method(1)	Other non-current assets	$	1.7	$	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				Six Months Ended
Measurement Category	Income Statement Location	July 3, 2021		June 27, 2020		July 3, 2021		June 27, 2020
Fair value method	Other (income) expense, net	$	0.9	$	(0.4)	$	0.9	$	2.5
Equity method	Other (income) expense, net	$	—	$	(0.8)	$	0.7	$	(1.5)