Lease Receivable (Tables)

6 Months Ended

Jun. 28, 2025

Lease receivable from sales-type leases consists of the following:


(in millions)	June 28, 2025		December 28, 2024
Lease receivable	$	78.6	$	85.5
Allowance for credit loss	(0.2)		(0.2)
Lease receivable, net	78.4		85.3
Less: current portion of lease receivable	(25.2)		(26.6)
Lease receivable, non-current	$	53.2	$	58.7

Schedule of Sales-type Lease, Lease Receivable, Maturity

As of June 28, 2025, estimated future maturities of customer sales-type lease receivables and operating lease payments for each of the following fiscal years are as follows:


	Future Lease Receivables/Payments (in millions)
Fiscal year	Sales-Type Leases		Operating Leases

2025 (balance of year)	$	13.5	$	16.5
2026	22.7		16.2
2027	17.1		14.7
2028	11.6		11.8
2029	8.6		11.6
Thereafter	4.9		9.4
Total	$	78.4	$	80.2
Less: imputed interest(1)	—
Present value of total lease payments	$	78.4

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(1) The calculation of the rates implicit in the leases resulted in negative discount rates. Therefore, the Company as a lessor used a 0% discount rate to measure the net investment in the lease.