v3.26.1
Other Current Assets
3 Months Ended
Apr. 04, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Other Current Assets
5. Other Current Assets
Other current assets consist of the following:
(in millions)April 4,
2026
January 3,
2026
Prepaid expenses$24.4 $24.1 
Lease receivable, current22.7 22.8 
Indirect taxes receivable19.7 20.9 
Prepaid rebates and royalties, current(1)
17.7 21.8 
Prepaid income taxes11.2 16.1 
Contract assets, current7.8 8.0 
Other current assets3.7 2.9 
     Total other current assets$107.2 $116.6 
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(1)     Prepaid rebates and royalties, current includes $12.8 million of royalty related to Willow. See Note 3, “Related Party Transactions” for further details.