v3.26.1
Discontinued Operations (Tables)
3 Months Ended
Apr. 04, 2026
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The key components of income from the non-healthcare business discontinued operations were as follows:

Three Months Ended
(in millions)
April 4,
2026
March 29,
2025
Revenues$0.1 $146.7 
Cost of sales— 99.1 
Intangible assets impairment charges— 44.0 
Gross profit0.1 3.6 
Selling, general and administrative expenses— 40.1 
Research and development expenses0.2 9.3 
Intangible assets impairment charges— 251.0 
Operating (loss)(0.1)(296.8)
Gain on disposition0.3 — 
Reclass of unrealized foreign currency translation gain upon disposition of discontinued operations0.6 — 
Other non-operating income (loss)— (4.2)
Income (loss) from discontinued operations, before income taxes0.8 (301.0)
Provision (benefit) for income taxes— (83.1)
Income (loss) from discontinued operations, net of income taxes$0.8 $(217.9)
Assets and liabilities of the discontinued operations of the non-healthcare business classified as held-for-sale in the condensed consolidated balance sheet as of January 3, 2026 consist of the following, which were disposed of as of April 4, 2026:
(in millions)
January 3,
2026
Cash and cash equivalents$1.0 
Total current assets, held-for-sale1.0 
Other non-current assets0.1 
Total non-current assets, held-for-sale0.1 
Total assets held-for-sale - discontinued operations$1.1 
Accounts payable$0.5 
Accrued compensation0.9 
Other current liabilities1.1 
Total current liabilities, held-for-sale2.5 
Other non-current liabilities0.1 
Total non-current liabilities, held-for-sale0.1 
Total liabilities held-for-sale - discontinued operations$2.6