Leases (Tables)

12 Months Ended

Jan. 02, 2021

Leases [Abstract]

Schedule of Lease Expense and Supplemental Cash Flow Information

The components of lease expense were as follows:

	For the Year Ended
(in millions of U.S. dollars)	January 2, 2021		December 28, 2019
Operating lease cost	$	49.0	$	47.7
Short-term lease cost	8.0		3.0
Finance lease cost
Amortization of right-of-use assets	$	11.7	$	4.5
Interest on lease liabilities	3.5		1.2
Total finance lease cost	$	15.2	$	5.7
Sublease income	$	0.7	$	0.8

Supplemental cash flow information related to leases was as follows:

	For the Year Ended
(in millions of U.S. dollars)	January 2, 2021	December 28, 2019
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	52.2	$	47.2
Operating cash flows from finance leases	3.6	1.1
Financing cash flows from finance leases	10.5	3.8
Right-of-use assets obtained in exchange for lease obligations:
Operating leases	29.5	$	25.0
Finance leases	52.2	28.6

Schedule of Balance Sheet Information

Supplemental balance sheet information related to leases was as follows:

(in millions of U.S. dollars, except lease term and discount rate)	January 2, 2021		December 28, 2019
Operating leases
Operating lease right-of-use assets	$	180.6	$	185.7
Current operating lease obligations	35.5		36.5
Operating lease obligations	148.0		155.2
Total operating lease obligations	$	183.5	$	191.7
Financing leases
Property, plant and equipment, net	$	71.0	$	30.4
Current maturities of long-term debt	13.2		5.8
Long-term debt	58.3		23.6
Total finance lease obligations	$	71.5	$	29.4

Weighted Average Remaining Lease Term	January 2, 2021		December 28, 2019
Operating leases	7.6 years		8.7 years
Finance leases	5.5 years		5.6 years
Weighted Average Discount Rate
Operating leases	6.1	%	6.2	%
Finance leases	4.9	%	6.3	%

Schedule of Operating Lease Obligations

Maturities of operating lease obligations were as follows:

(in millions of U.S. dollars)	January 2, 2021
2021	$	45.4
2022	35.1
2023	30.5
2024	25.2
2025	20.6
Thereafter	81.0
Total lease payments	237.8
Less imputed interest	(54.3)
Present value of lease obligations	$	183.5

Schedule of Finance Lease Obligations

Maturities of finance lease obligations were as follows:

(in millions of U.S. dollars)	January 2, 2021
2021	$	16.5
2022	15.5
2023	14.5
2024	12.7
2025	11.6
Thereafter	11.6
Total lease payments	82.4
Less imputed interest	(10.9)
Present value of lease obligations	$	71.5