Trimble (TRMB) 10-Q 10 Aug 20 2020 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jul. 03, 2020	Aug. 05, 2020
Document and Entity Information
Document Transition Report	false
Document Quarterly Report	true
Document Type	10-Q
Document Period End Date	Jul. 3, 2020
Entity File Number	001-14845
Entity Registrant Name	TRIMBLE INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	94-2802192
Entity Central Index Key	0000864749
Current Fiscal Year End Date	--01-01
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q2
Amendment Flag	false
Entity Address, Address Line One	935 Stewart Drive
Entity Address, City or Town	Sunnyvale
Entity Address, State or Province	CA
Entity Address, Postal Zip Code	94085
City Area Code	408
Local Phone Number	481-8000
Title of 12(b) Security	Common Stock, $0.001 par value per share
Trading Symbol	TRMB
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Small Business	false
Entity Common Stock, Shares Outstanding		250,215,769

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
Current assets:
Cash and cash equivalents	$ 196.4	$ 189.2
Accounts receivable, net	478.8	608.2
Inventories	338.6	312.1
Other current assets	106.2	102.3
Total current assets	1,120	1,211.8
Property and equipment, net	249.8	241.4
Operating lease right-of-use assets	135.3	140.3
Goodwill	3,807.5	3,680.6
Other purchased intangible assets, net	645.3	678.7
Deferred income tax assets	462.5	475.5
Other non-current assets	224.6	212.4
Total assets	6,645	6,640.7
Current liabilities:
Short-term debt	268.2	219
Accounts payable	128.9	159.3
Accrued compensation and benefits	133.9	123.5
Deferred revenue	481.9	490.4
Other current liabilities	157.6	198.1
Total current liabilities	1,170.5	1,190.3
Long-term debt	1,564.5	1,624.2
Deferred revenue, non-current	49.1	51.5
Deferred income tax liabilities	317.9	318.2
Income taxes payable	61.8	69.1
Operating lease liabilities	112.1	114.1
Other non-current liabilities	156	152.9
Total liabilities	3,431.9	3,520.3
Commitments and contingencies (Note 14)
Stockholders' equity:
Preferred stock, $0.001 par value; 3.0 shares authorized; none issued and outstanding	0	0
Common stock, $0.001 par value; 360.0 shares authorized; 250.2 and 249.9 shares issued and outstanding at the end of the second quarter of 2020 and fiscal year end 2019, respectively	0.2	0.2
Additional paid-in-capital	1,737.6	1,692.8
Retained earnings	1,672.4	1,602.8
Accumulated other comprehensive loss	(198.3)	(176.8)
Total Trimble Inc. stockholders' equity	3,211.9	3,119
Noncontrolling interests	1.2	1.4
Total stockholders' equity	3,213.1	3,120.4
Total liabilities and stockholders' equity	$ 6,645	$ 6,640.7

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Jul. 03, 2020	Jan. 03, 2020
Statement of Financial Position [Abstract]
Preferred Stock, par value per share (in dollars per share)	$ 0.001	$ 0.001
Preferred stock, shares authorized (in shares)	3,000,000	3,000,000
Preferred Stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value per share (in dollars per share)	$ 0.001	$ 0.001
Common stock, shares authorized (in shares)	360,000,000	360,000,000
Common stock, shares issued (in shares)	250,200,000	249,900,000
Common stock, shares outstanding (in shares)	250,200,000	249,900,000

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019
Revenue:
Revenue	$ 733.6	$ 854.8	$ 1,525.9	$ 1,656.4
Cost of sales:
Cost of Sales	327.9	394.2	679.2	757.5
Amortization of purchased intangible assets	23.2	23.8	46.7	48
Gross margin	405.7	460.6	846.7	898.9
Operating expense:
Research and development	114	119.6	232.2	237.8
Sales and marketing	103.6	128.8	235.3	256.2
General and administrative	68.8	79.9	141.8	162.7
Restructuring charges	5.1	2.9	8	6.4
Amortization of purchased intangible assets	16.6	19.7	33.5	39.8
Total operating expense	308.1	350.9	650.8	702.9
Operating income	97.6	109.7	195.9	196
Non-operating income (expense), net:
Interest expense, net	(19.6)	(20.6)	(40.1)	(42.5)
Income from equity method investments, net	9.7	12.9	19.1	21.7
Other income (expense), net	3.2	13.4	(4.6)	15.4
Total non-operating income (expense), net	(6.7)	5.7	(25.6)	(5.4)
Income before taxes	90.9	115.4	170.3	190.6
Income tax provision	27.7	20.8	45.2	33.6
Net income	63.2	94.6	125.1	157
Net income attributable to noncontrolling interests	0.2	0	0.2	0.1
Net income attributable to Trimble Inc.	$ 63	$ 94.6	$ 124.9	$ 156.9
Basic earnings per share (in dollars per share)	$ 0.25	$ 0.38	$ 0.50	$ 0.62
Shares used in calculating basic earnings per share (in shares)	250	251.7	250	251.6
Diluted earnings per share (in dollars per share)	$ 0.25	$ 0.37	$ 0.50	$ 0.62
Shares used in calculating diluted earnings per share (in shares)	251.2	254	251.5	254
Product
Revenue:
Revenue	$ 412.4	$ 521.1	$ 876.2	$ 1,009.5
Cost of sales:
Cost of Sales	199.4	257	409.5	487.7
Service
Revenue:
Revenue	156.6	174.6	319	333.8
Cost of sales:
Cost of Sales	56	69.3	119.6	133.3
Subscription
Revenue:
Revenue	164.6	159.1	330.7	313.1
Cost of sales:
Cost of Sales	$ 49.3	$ 44.1	$ 103.4	$ 88.5

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 63.2	$ 94.6	$ 125.1	$ 157
Foreign currency translation adjustments, net of tax	32.6	2.1	(21.7)	5.6
Net unrealized income, net of tax	0	0	0.2	0.1
Comprehensive income	95.8	96.7	103.6	162.7
Comprehensive income attributable to noncontrolling interests	0.2	0	0.2	0.1
Comprehensive income attributable to Trimble Inc.	$ 95.6	$ 96.7	$ 103.4	$ 162.6

Condensed Consolidated Statem_3

Condensed Consolidated Statements of Stockholders' Equity Condensed Consolidated Statements of Stockholders' Equity - USD ($) shares in Millions, $ in Millions	Total	Common stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Loss	Total Stockholders’ Equity	Noncontrolling Interest
Beginning balance at Dec. 28, 2018	$ 2,674.8	$ 0.3	$ 1,591.9	$ 1,268.3	$ (186.1)	$ 2,674.4	$ 0.4
Beginning balance (in shares) at Dec. 28, 2018		250.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	62.4			62.3		62.3	0.1
Other comprehensive income	3.6				3.6	3.6
Comprehensive income	66					65.9
Issuance of common stock under employee plans, net of tax withholdings, Shares		1.6
Issuance of common stock under employee plans, net of tax withholdings	25.6		33.3	(7.7)		25.6
Stock Repurchases, Shares		(1)
Stock repurchases	(40)		(6.5)	(33.5)		(40)
Stock-based compensation	16.6		16.6			16.6
Non-controlling interest investment			(0.8)			(0.8)	0.8
Ending balance (in shares) at Mar. 29, 2019		251.5
Ending balance at Mar. 29, 2019	2,743	$ 0.3	1,634.5	1,289.4	(182.5)	2,741.7	1.3
Beginning balance at Dec. 28, 2018	2,674.8	$ 0.3	1,591.9	1,268.3	(186.1)	2,674.4	0.4
Beginning balance (in shares) at Dec. 28, 2018		250.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	157
Comprehensive income	162.7
Ending balance (in shares) at Jun. 28, 2019		251.8
Ending balance at Jun. 28, 2019	2,825.3	$ 0.3	1,649.7	1,354.4	(180.4)	2,824	1.3
Beginning balance at Mar. 29, 2019	2,743	$ 0.3	1,634.5	1,289.4	(182.5)	2,741.7	1.3
Beginning balance (in shares) at Mar. 29, 2019		251.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	94.6			94.6		94.6
Other comprehensive income	2.1				2.1	2.1
Comprehensive income	96.7					96.7
Issuance of common stock under employee plans, net of tax withholdings, Shares		0.7
Issuance of common stock under employee plans, net of tax withholdings	(11.8)		1.7	(13.5)		(11.8)
Stock Repurchases, Shares		(0.4)
Stock repurchases	(19)		(2.9)	(16.1)		(19)
Stock-based compensation	16.4		16.4			16.4
Ending balance (in shares) at Jun. 28, 2019		251.8
Ending balance at Jun. 28, 2019	2,825.3	$ 0.3	1,649.7	1,354.4	(180.4)	2,824	1.3
Beginning balance at Jan. 03, 2020	$ 3,120.4	$ 0.2	1,692.8	1,602.8	(176.8)	3,119	1.4
Beginning balance (in shares) at Jan. 03, 2020	249.9	249.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 61.9			61.9		61.9	0
Other comprehensive income	(54.1)				(54.1)	(54.1)
Comprehensive income	7.8					7.8
Issuance of common stock under employee plans, net of tax withholdings, Shares		1
Issuance of common stock under employee plans, net of tax withholdings	12.7		20.4	(7.7)		12.7
Stock Repurchases, Shares		(1.2)
Stock repurchases	(50)		(8.4)	(41.6)		(50)
Stock-based compensation	11.8		11.8			11.8
Noncontrolling interest investments	(0.4)						(0.4)
Ending balance (in shares) at Apr. 03, 2020		249.7
Ending balance at Apr. 03, 2020	3,102.3	$ 0.2	1,716.6	1,615.4	(230.9)	3,101.3	1
Beginning balance at Jan. 03, 2020	$ 3,120.4	$ 0.2	1,692.8	1,602.8	(176.8)	3,119	1.4
Beginning balance (in shares) at Jan. 03, 2020	249.9	249.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 125.1
Comprehensive income	$ 103.6
Ending balance (in shares) at Jul. 03, 2020	250.2	250.2
Ending balance at Jul. 03, 2020	$ 3,213.1	$ 0.2	1,737.6	1,672.4	(198.3)	3,211.9	1.2
Beginning balance at Apr. 03, 2020	3,102.3	$ 0.2	1,716.6	1,615.4	(230.9)	3,101.3	1
Beginning balance (in shares) at Apr. 03, 2020		249.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	63.2			63		63	0.2
Other comprehensive income	32.6				32.6	32.6
Comprehensive income	95.8					95.6
Issuance of common stock under employee plans, net of tax withholdings, Shares		0.5
Issuance of common stock under employee plans, net of tax withholdings	(4.1)		1.9	(6)		(4.1)
Stock-based compensation	$ 19.1		19.1			19.1
Ending balance (in shares) at Jul. 03, 2020	250.2	250.2
Ending balance at Jul. 03, 2020	$ 3,213.1	$ 0.2	$ 1,737.6	$ 1,672.4	$ (198.3)	$ 3,211.9	$ 1.2

Condensed Consolidated Statem_4

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Millions	6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019
Cash flow from operating activities:
Net income	$ 125.1	$ 157
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	19.5	20.3
Amortization expense	80.2	87.8
Deferred income taxes	14.9	4.7
Stock-based compensation	29.3	33.5
Income from equity method investments, net of dividends	(15.3)	(11.5)
Other, net	29	(0.3)
(Increase) decrease in assets:
Accounts receivable, net	115.7	(7.7)
Inventories	(33.2)	7.4
Other current and non-current assets	9.7	1.5
Increase (decrease) in liabilities:
Accounts payable	(31.1)	3.8
Accrued compensation and benefits	9.1	(28.5)
Deferred revenue	(8.4)	64.9
Other current and non-current liabilities	(41.3)	(7.4)
Net cash provided by operating activities	303.2	325.5
Cash flow from investing activities:
Acquisitions of businesses, net of cash acquired	(198)
Proceeds from Previous Acquisition		4.6
Acquisitions of property and equipment	(29.6)	(38.5)
Other, net	0.2	14.1
Net cash used in investing activities	(227.4)	(19.8)
Cash flow from financing activities:
Issuance of common stock, net of tax withholdings	8.7	13.4
Repurchases of common stock	(50)	(59)
Proceeds from debt and revolving credit lines	857.5	530.2
Payments on debt and revolving credit lines	(866.3)	(756.6)
Other, net	(10.8)	(7.3)
Net cash used in financing activities	(60.9)	(279.3)
Effect of exchange rate changes on cash and cash equivalents	(7.7)	0.7
Net increase in cash and cash equivalents	7.2	27.1
Cash and cash equivalents - beginning of period	189.2	172.5
Cash and cash equivalents - end of period	$ 196.4	$ 199.6

Overview And Basis Of Presentat

Overview And Basis Of Presentation	6 Months Ended
	Jul. 03, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Overview And Basis Of Presentation	OVERVIEW AND BASIS OF PRESENTATION Company and Background Trimble began operations in 1978 and was originally incorporated in California as Trimble Navigation Limited in 1981. On October 1, 2016, Trimble Navigation Limited changed its name to Trimble Inc. ("Trimble" or the "Company" or “we” or “our” or “us”) and changed its state of incorporation from the State of California to the State of Delaware. Basis of Presentation We use a 52- to 53-week fiscal year ending on the Friday nearest to December 31. Fiscal 2020 is a 52-week year ending on January 1, 2021 , and fiscal 2019 was a 53-week year ended on January 3, 2020 . The quarters ended July 3, 2020 and June 28, 2019 each included 13 weeks. Unless otherwise stated, all dates refer to our fiscal year and fiscal periods. The Condensed Consolidated Financial Statements include our results and our consolidated subsidiaries. Inter-company accounts and transactions have been eliminated. Noncontrolling interests represent the noncontrolling stockholders’ proportionate share of the net assets and results of operations of our consolidated subsidiaries. The unaudited interim Condensed Consolidated Financial Statements and accompanying notes are prepared in accordance with U.S. generally accepted accounting principles ("GAAP"). In the opinion of management, the unaudited interim Condensed Consolidated Financial Statements reflect all adjustments of a normal recurring nature that are necessary for a fair presentation of the results for the interim periods presented. Interim results are not necessarily indicative of results for the full year. The information included in this Form 10-Q should be read in conjunction with information included in Trimble's Form 10-K filed with the U.S. Securities and Exchange Commission on February 28, 2020 . Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in its Condensed Consolidated Financial Statements and accompanying notes. Estimates and assumptions are used for revenue recognition, including determining the nature and timing of satisfaction of performance obligations and determining standalone selling price of performance obligations, allowances for doubtful accounts, sales returns reserve, allowances for inventory valuation, warranty costs, investments, goodwill impairment, intangibles impairment, purchased intangibles, useful lives for tangible and intangible assets, other long-lived asset impairments, stock-based compensation, and income taxes. Management bases its estimates on historical experience and various other assumptions believed to be reasonable. The global economic climate and unanticipated effects from the COVID-19 pandemic make these estimates more complex, and actual results could differ materially from those estimates.

Updates to Significant Accounti

Updates to Significant Accounting Policies	6 Months Ended
	Jul. 03, 2020
Accounting Policies [Abstract]
Updates To Significant Accounting Policies	UPDATES TO SIGNIFICANT ACCOUNTING POLICIES Summary of Significant Accounting Policies There have been no material changes to our significant accounting polices during the first two quarters of fiscal 2020 from those disclosed in our most recent Form 10-K, except for the adoption of the standards discussed below. Recently Adopted Accounting Pronouncements Financial Instruments - Credit Losses In June 2016, the FASB issued a new standard that requires credit losses on financial assets measured at amortized cost basis to be presented based on the net amount expected to be collected. Application of this standard replaces the incurred loss impairment methodology with a methodology that reflects all expected credit losses. Additionally, credit losses on available-for-sale debt securities are recorded through an allowance for credit losses limited to the amount by which fair value is below amortized cost. We adopted the new standard at the beginning of fiscal year 2020 by applying a modified retrospective method without restating comparative periods. The adoption did not have a material impact on our Condensed Consolidated Financial Statements. We continue to actively monitor the impact of the COVID-19 pandemic on expected credit losses. Intangibles - Goodwill and Other In January 2017, the FASB issued new guidance that simplifies the accounting for goodwill impairment by requiring impairment charges to be based on the first step in the current two-step impairment test. The impairment test is performed by comparing the fair value of a reporting unit with its carrying amount, and an impairment charge would be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value. We adopted the new standard on a prospective basis at the beginning of fiscal year 2020. The adoption did not have a material impact on our Condensed Consolidated Financial Statements. Intangibles - Internal-Use Software In August 2018, the FASB issued new guidance that clarifies the accounting for implementation costs incurred in a cloud computing arrangement that is a service contract. This guidance aligns the accounting for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the accounting for implementation costs incurred to develop or obtain internal-use software. We adopted the guidance on a prospective basis for all implementation costs incurred after the beginning of fiscal year 2020. The adoption of the new guidance did not have a material impact on our Condensed Consolidated Financial Statements. Recently issued Accounting Pronouncements not yet adopted Income Taxes - Simplifying the Accounting for Income Taxes In December 2019, the FASB issued amendments to the accounting for Income Taxes to reduce complexity by removing certain exceptions and implementing targeted simplifications. The new standard is effective for us beginning in fiscal 2021. Early adoption is permitted. We are currently evaluating the effect of the amendments on our Condensed Consolidated Financial Statements.

Stockholders' Equity

Stockholders' Equity	6 Months Ended
	Jul. 03, 2020
Equity [Abstract]
STOCKHOLDERS' EQUITY	STOCKHOLDERS’ EQUITY Stock Repurchase Activities In November 2017, our Board of Directors approved a stock repurchase program ("2017 Stock Repurchase Program") authorizing the Company to repurchase up to $600.0 million of Trimble’s common stock. Under the 2017 Stock Repurchase Program, we may repurchase shares from time to time in open market transactions, privately negotiated transactions, accelerated share buyback programs, tender offers, or by other means. The timing and amount of repurchase transactions are determined by management based on their evaluation of market conditions, share price, legal requirements, and other factors. The program may be suspended, modified, or discontinued at any time without prior notice. There were no stock repurchases during the second quarter of fiscal 2020 . During the first two quarters of fiscal 2020 , we repurchased approximately 1.2 million shares of common stock in open market purchases, at an average price of $40.40 per share for a total of $50.0 million , under the 2017 Stock Repurchase Program. Stock repurchases are reflected as a decrease to common stock based on par value and additional-paid-in-capital based on the average book value per share for all outstanding shares, calculated at the time of each individual repurchase transaction. The excess of the purchase price over this average for each repurchase is charged to retained earnings. Common stock repurchases under the 2017 Stock Repurchase Program were recorded based upon the trade date for accounting purposes. At the end of the second quarter of fiscal 2020 , the 2017 Stock Repurchase Program had remaining authorized funds of $122.4 million

Business Combinations

Business Combinations	6 Months Ended
	Jul. 03, 2020
Business Combinations [Abstract]
BUSINESS COMBINATIONS	BUSINESS COMBINATIONS During the first quarter of fiscal 2020 , we acquired Kuebix with total purchase consideration of $201.1 million . There were no other acquisitions during the first two quarters of fiscal 2020 . Kuebix is a leading transportation management system provider and creator of North America's largest connected shipping community. This acquisition will enable us to create a new platform for planning, execution, and freight demand-capacity matching. The Condensed Consolidated Statements of Income include the operating results of the acquired business from the date of acquisition. The acquisition contributed less than 1% to our total revenue during the first two quarters of fiscal 2020 . The fair value of identifiable assets acquired, and liabilities assumed were determined under the acquisition method of accounting for business combinations as of the date of acquisition. The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill. The fair value of intangible assets acquired is determined based on a discounted cash flow analysis. For the acquisition in the first quarter of fiscal 2020 , the preliminary fair value of net tangible assets and intangible assets acquired was based on preliminary valuations and estimates, and assumptions are subject to change within the measurement period (up to one year from the acquisition date). Intangible Assets The following table presents details of the Company’s total intangible assets: As of Second Quarter of Fiscal 2020 Fiscal Year End 2019 Gross Gross Carrying Accumulated Net Carrying Carrying Accumulated Net Carrying (In millions) Amount Amortization Amount Amount Amortization Amount Developed product technology $ 1,302.5 $ (958.1 ) $ 344.4 $ 1,266.7 $ (923.4 ) $ 343.3 Trade names and trademarks 74.3 (65.1 ) 9.2 74.8 (59.8 ) 15.0 Customer relationships 773.2 (489.2 ) 284.0 769.8 (465.6 ) 304.2 Distribution rights and other intellectual property 71.4 (63.7 ) 7.7 79.7 (63.5 ) 16.2 $ 2,221.4 $ (1,576.1 ) $ 645.3 $ 2,191.0 $ (1,512.3 ) $ 678.7 The estimated future amortization expense of purchased intangible assets as of the end of the second quarter of fiscal 2020 was as follows: (In millions) 2020 (Remaining) $ 77.3 2021 137.2 2022 118.3 2023 105.2 2024 79.8 Thereafter 127.5 Total $ 645.3 Goodwill The changes in the carrying amount of goodwill by segment for the first two quarters of fiscal 2020 were as follows: Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) Balance as of fiscal year end 2019 $ 1,973.0 $ 401.5 $ 445.4 $ 860.7 $ 3,680.6 Additions due to acquisitions — — — 147.6 147.6 Purchase price and foreign currency translation adjustments (8.2 ) (1.4 ) (5.2 ) (5.9 ) (20.7 ) Balance as of the end of the second quarter of fiscal 2020 $ 1,964.8 $ 400.1 $ 440.2 $ 1,002.4 $ 3,807.5

Inventories

Inventories	6 Months Ended
	Jul. 03, 2020
Inventory, Net [Abstract]
INVENTORIES	INVENTORIES Inventories consisted of the following: Second Quarter of Fiscal Year End As of 2020 2019 (In millions) Raw materials $ 95.7 $ 95.8 Work-in-process 13.3 13.2 Finished goods 229.6 203.1 Total inventories $ 338.6 $ 312.1

Segment Information

Segment Information	6 Months Ended
	Jul. 03, 2020
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION Our operating segments are determined based on how the Company's chief operating decision maker views and evaluates operations. Our reportable segments are described below: • Buildings and Infrastructure: This segment primarily serves customers working in architecture, engineering, construction, and operations and maintenance. • Geospatial: This segment primarily serves customers working in surveying, engineering, government, and land management. • Resources and Utilities: This segment primarily serves customers working in agriculture, forestry, and utilities. • Transportation: This segment primarily serves customers working in long haul trucking, field service management, rail, and military aviation. The following Reporting Segment tables reflect the results of our reportable operating segments under our management reporting system. These results are not necessarily in conformity with U.S. GAAP. We present segment revenue and income excluding the effects of certain acquired deferred revenue that was written down to fair value in purchase accounting. Segment income presented also excludes the effects of certain acquired capitalized commissions that were eliminated in purchase accounting, as though the acquired companies operated independently in the periods presented. This is consistent with the way the chief operating decision maker evaluates each of the segment's performance and allocates resources. Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) Second Quarter of Fiscal 2020 Revenue $ 295.2 $ 145.2 $ 142.9 $ 150.3 $ 733.6 Acquired deferred revenue adjustment 0.1 — 0.9 0.6 1.6 Segment revenue $ 295.3 $ 145.2 $ 143.8 $ 150.9 $ 735.2 Operating income $ 86.6 $ 37.4 $ 48.3 $ 13.8 $ 186.1 Acquired deferred revenue adjustment 0.1 — 0.9 0.6 1.6 Amortization of acquired capitalized commissions (1.3 ) — (0.1 ) — (1.4 ) Segment operating income $ 85.4 $ 37.4 $ 49.1 $ 14.4 $ 186.3 Depreciation expense $ 2.0 $ 1.5 $ 1.3 $ 1.1 $ 5.9 Second Quarter of Fiscal 2019 Revenue $ 339.0 $ 164.4 $ 152.6 $ 198.8 $ 854.8 Acquired deferred revenue adjustment 0.9 — 0.1 — 1.0 Segment revenue $ 339.9 $ 164.4 $ 152.7 $ 198.8 $ 855.8 Operating income $ 85.3 $ 31.1 $ 45.4 $ 32.9 $ 194.7 Acquired deferred revenue adjustment 0.9 — 0.1 — 1.0 Amortization of acquired capitalized commissions (1.6 ) — — — (1.6 ) Segment operating income $ 84.6 $ 31.1 $ 45.5 $ 32.9 $ 194.1 Depreciation expense $ 2.1 $ 1.6 $ 1.1 $ 1.2 $ 6.0 First Two Quarters of Fiscal 2020 Revenue 592.0 $ 291.4 $ 321.9 $ 320.6 $ 1,525.9 Acquired deferred revenue adjustment 0.2 — 2.2 0.9 3.3 Segment revenue $ 592.2 $ 291.4 $ 324.1 $ 321.5 $ 1,529.2 Operating income $ 148.7 $ 67.9 $ 113.9 $ 30.5 $ 361.0 Acquired deferred revenue adjustment 0.2 — 2.2 0.9 3.3 Amortization of acquired capitalized commissions (2.7 ) — (0.1 ) (0.1 ) (2.9 ) Segment operating income $ 146.2 $ 67.9 $ 116.0 $ 31.3 $ 361.4 Depreciation expense $ 4.1 $ 2.9 $ 2.6 $ 2.2 $ 11.8 First Two Quarters of Fiscal 2019 Revenue $ 631.0 $ 325.6 $ 311.9 $ 387.9 $ 1,656.4 Acquired deferred revenue adjustment 3.6 — 0.3 — $ 3.9 Segment revenue $ 634.6 $ 325.6 $ 312.2 $ 387.9 $ 1,660.3 Operating income $ 146.7 $ 60.5 $ 96.4 $ 64.1 367.7 Acquired deferred revenue adjustment 3.6 — 0.3 — 3.9 Amortization of acquired capitalized commissions (3.2 ) — (0.1 ) — (3.3 ) Segment operating income $ 147.1 $ 60.5 $ 96.6 $ 64.1 $ 368.3 Depreciation expense $ 4.2 $ 3.2 $ 2.2 $ 2.3 $ 11.9 Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) As of the end of the Second Quarter of Fiscal 2020 Accounts receivable, net $ 166.6 $ 90.3 $ 81.1 $ 140.8 $ 478.8 Inventories 63.5 129.4 44.7 101.0 338.6 Goodwill 1,964.8 400.1 440.2 1,002.4 3,807.5 As of Fiscal Year End 2019 Accounts receivable, net 232.0 115.5 93.3 167.4 608.2 Inventories 67.1 125.0 45.5 74.5 312.1 Goodwill $ 1,973.0 $ 401.5 $ 445.4 $ 860.7 $ 3,680.6 A reconciliation of our condensed consolidated segment operating income to condensed consolidated income before income taxes is as follows: Second Quarter of First Two Quarters of 2020 2019 2020 2019 (In millions) Consolidated segment operating income $ 186.3 $ 194.1 $ 361.4 $ 368.3 Unallocated corporate expense (16.4 ) (18.3 ) (30.3 ) (36.8 ) Restructuring charges (5.2 ) (2.9 ) (8.4 ) (6.6 ) COVID-19 expenses 0.2 — (3.6 ) — Acquired deferred revenue adjustment (1.6 ) (1.0 ) (3.3 ) (3.9 ) Amortization of purchased intangible assets (39.8 ) (43.5 ) (80.2 ) (87.8 ) Stock-based compensation and deferred compensation (25.4 ) (18.3 ) (29.9 ) (37.4 ) Amortization of acquired capitalized commissions 1.4 1.6 2.9 3.3 Acquisition / divestiture items (1.9 ) (2.0 ) (12.7 ) (3.1 ) Consolidated operating income 97.6 109.7 195.9 196.0 Non-operating income (expense), net (6.7 ) 5.7 (25.6 ) (5.4 ) Consolidated income before taxes $ 90.9 $ 115.4 $ 170.3 $ 190.6 On a total Company basis, the disaggregation of revenue by geography is summarized in the tables below. Revenue is defined as revenue from external customers attributed to countries based on the location of the customer and excludes the effects of certain acquired deferred revenue that was written down to fair value in purchase accounting, consistent with the Reporting Segment tables above. Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) Second Quarter of Fiscal 2020 North America $ 175.6 $ 57.7 $ 51.8 $ 117.0 $ 402.1 Europe 78.0 45.1 63.3 20.7 207.1 Asia Pacific 36.4 33.4 14.0 7.0 90.8 Rest of World 5.3 9.0 14.7 6.2 35.2 Total consolidated revenue $ 295.3 $ 145.2 $ 143.8 $ 150.9 $ 735.2 Second Quarter of Fiscal 2019 North America $ 199.2 $ 71.3 $ 52.9 $ 161.9 $ 485.3 Europe 90.0 56.0 68.0 22.9 236.9 Asia Pacific 42.1 26.2 11.9 9.8 90.0 Rest of World 8.6 10.9 19.9 4.2 43.6 Total consolidated revenue $ 339.9 $ 164.4 $ 152.7 $ 198.8 $ 855.8 First Two Quarters of Fiscal 2020 North America $ 347.7 $ 114.5 $ 105.5 $ 248.8 $ 816.5 Europe 159.6 95.8 153.7 39.8 448.9 Asia Pacific 73.5 62.1 31.5 17.5 184.6 Rest of World 11.4 19.0 33.4 15.4 79.2 Total consolidated revenue $ 592.2 $ 291.4 $ 324.1 $ 321.5 $ 1,529.2 First Two Quarters of Fiscal 2019 North America $ 364.8 $ 134.2 $ 94.8 $ 313.9 $ 907.7 Europe 173.9 110.7 156.9 44.0 485.5 Asia Pacific 80.6 57.9 24.6 20.3 183.4 Rest of World 15.3 22.8 35.9 9.7 83.7 Total consolidated revenue $ 634.6 $ 325.6 $ 312.2 $ 387.9 $ 1,660.3 Trimble’s total revenue in the United States as included in the Condensed Consolidated Statements of Income was $368.7 million and $747.5 million and $435.6 million and $824.7 million for the second quarter and first two quarters

Debt

Debt	6 Months Ended
	Jul. 03, 2020
Debt Disclosure [Abstract]
DEBT	DEBT Debt consisted of the following: As of Second Quarter of Fiscal Year End Instrument Date of Issuance 2020 2019 (In millions) Effective interest rate Senior Notes: 2023 Senior Notes, 4.15%, due June 2023 June 2018 4.36% $ 300.0 $ 300.0 2028 Senior Notes, 4.90%, due June 2028 June 2018 5.04% 600.0 600.0 2024 Senior Notes, 4.75%, due December 2024 November 2014 4.95% 400.0 400.0 Credit Facilities: 2018 Credit Facility, floating rate: Term Loan, due July 2022 May 2018 3.34% 225.0 225.0 Revolving Credit Facility, due May 2023 May 2018 1.99% 50.0 110.0 Uncommitted facilities, floating rate 1.26% 268.0 218.7 Promissory notes and other debt 0.2 0.3 Unamortized discount and issuance costs (10.5 ) (10.8 ) Total debt 1,832.7 1,843.2 Less: Short-term debt 268.2 219.0 Long-term debt $ 1,564.5 $ 1,624.2 Each of our debt agreements requires us to maintain compliance with certain debt covenants. We were compliant with all debt covenants at the end of the second quarter of fiscal 2020 . Debt Maturities At the end of the second quarter of fiscal 2020 , our debt maturities based on outstanding principal were as follows (in millions): Year Payable 2020 (Remaining) $ 268.2 2021 — 2022 225.0 2023 350.0 2024 400.0 Thereafter 600.0 Total $ 1,843.2 Senior Notes All series of Senior Notes in the above table bear interest that is payable semi-annually in June and December of each year. For the 2023 and 2028 Senior Notes, the interest rate is subject to adjustment from time to time if Moody’s or S&P (or, if applicable, a substitute rating agency) downgrades (or subsequently upgrades) its rating assigned to the notes. Senior Notes are unsecured and rank equally in right of payment with all of our other senior unsecured indebtedness. We may redeem the notes of each series of Senior Notes at our option in whole or in part at any time. Such indenture also contains covenants limiting our ability to create certain liens, enter into sale and lease-back transactions, and consolidate or merge with or into, or convey, transfer, or lease all or substantially all of our properties and assets, each subject to certain exceptions. 2018 Credit facilities The Credit Facility in the above table provides for unsecured credit facilities in the aggregate principal amount of $1.75 billion , which is comprised of $1.25 billion revolving credit facility maturing May 2023 and $500.0 million delayed draw term loan facility that is fully prepayable. As part of the Credit Facility, we may request an additional loan facility up to $500.0 million prior to the maturity of the Credit Facility and subject to approval. On May 4, 2020, we entered into a loan amendment to extend the maturity date of the remaining term loan amount of $225.0 million to July 2, 2022. The applicable margin for the term loan was changed as part of the loan amendment. The term loan bears interest, at the Company’s option, at either the alternate base rate (determined in accordance with the Credit Agreement), plus a margin of between 0.750% and 1.625% ; (b) an adjusted LIBOR rate (based on one, two, three or six-month interest periods), plus a margin of between 1.750% and 2.625% , with a 1.0% LIBOR rate floor; or (c) an adjusted EURIBOR rate (based on one, two, three or six-month interest periods), plus a margin of between 1.750% and 2.625% , with a 1.0% EURIBOR rate floor. The applicable margin in each case is determined based on either the Company’s credit rating at such time or the Company’s leverage ratio as of its most recently ended fiscal quarter, whichever results in more favorable pricing to the Company. Uncommitted Facilities On February 24, 2020 we entered into a line of credit to borrow an amount up to £55.0 million . At the end of the second quarter of fiscal 2020 , we had one £55.0 million , two $75.0 million , and one €100.0 million revolving credit facilities, which are uncommitted (the "Uncommitted Facilities"). Generally, these uncommitted facilities may be redeemed upon demand. Borrowings under uncommitted facilities are classified as short-term debt in the Condensed Consolidated Balance Sheet. For further information, refer to Note 7 of the Notes to the Consolidated Financial Statements included in the Company's Annual Report on Form 10-K for fiscal year 2019 .

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Jul. 03, 2020
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS We determine fair value based on the exchange price that would be received for an asset or paid to transfer a liability (an exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants at the measurement date. Hierarchical levels are directly related to the amount of subjectivity associated with the inputs to fair valuation of these assets and liabilities and are as follows: Level I—Observable inputs such as unadjusted, quoted prices in active markets for identical assets or liabilities. Level II—Inputs (other than quoted prices included in Level I) are either directly or indirectly observable for the asset or liability. These include quoted prices for similar assets or liabilities in active markets and quoted prices for identical or similar assets or liabilities in markets that are not active. Level III—Unobservable inputs that reflect management’s best estimate of what market participants would use in pricing the asset or liability at the measurement date. Consideration is given to the risk inherent in the valuation technique and the risk inherent in the inputs to the model. Fair Value on a Recurring Basis The fair value of assets and liabilities measured and recorded at fair value on a recurring basis at the end of period were as follows: Fair Values as of the end of the Second Quarter of Fiscal 2020 Fair Values as of Fiscal Year End 2019 (In millions) Level I Level II Level III Total Level I Level II Level III Total Assets Deferred compensation plan assets (1) $ 36.1 $ — $ — $ 36.1 $ 36.2 $ — $ — $ 36.2 Derivatives assets (2) — 0.1 — 0.1 — 0.3 — 0.3 Total assets measured at fair value $ 36.1 $ 0.1 $ — $ 36.2 $ 36.2 $ 0.3 $ — $ 36.5 Liabilities Deferred compensation plan liabilities (1) $ 36.1 $ — $ — $ 36.1 $ 36.2 $ — $ — $ 36.2 Derivatives liabilities (2) — 0.3 — 0.3 — 1.0 — 1.0 Contingent consideration liabilities (3) — — 6.5 6.5 — — 19.9 19.9 Total liabilities measured at fair value $ 36.1 $ 0.3 $ 6.5 $ 42.9 $ 36.2 $ 1.0 $ 19.9 $ 57.1 (1) We maintain a self-directed, non-qualified deferred compensation plan for certain executives and other highly compensated employees. The plan assets and liabilities are invested in actively traded mutual funds and individual stocks valued using observable quoted prices in active markets. Deferred compensation plan assets and liabilities are included in Other non-current assets and Other non-current liabilities, respectively, on the Company's Condensed Consolidated Balance Sheets. (2) Derivative assets and liabilities primarily represent forward currency exchange contracts to minimize the short-term impact of foreign currency exchange rates on certain trade and inter-company receivables and payables. Derivative assets and liabilities are included in Other current assets and Other current liabilities on the Company's Condensed Consolidated Balance Sheets. (3) Contingent consideration liabilities represent arrangements to pay the former owners of certain companies that we acquired. The fair values are estimated using scenario-based methods or option pricing methods based upon estimated future revenues, gross margins, or other milestones. Contingent consideration liabilities are included in Other current and Other non-current liabilities on the Company's Condensed Consolidated Balance Sheets. Additional Fair Value Information The total estimated fair value of all outstanding financial instruments that are not recorded at fair value on a recurring basis (debt) was approximately $2.0 billion and $1.9 billion at the end of the second quarter of fiscal 2020 and at the end of fiscal 2019 , respectively, consistent with the carrying values. The fair value of the Senior Notes was determined based on observable market prices in less active markets and is categorized accordingly as Level II in the fair value hierarchy. The fair value of the bank borrowings and promissory notes has been calculated using an estimate of the interest rate we would have had to pay on the issuance of notes with a similar maturity and by discounting the cash flows at that rate and is categorized as Level II in the fair value hierarchy. The fair values do not give an indication of the amount that we would currently have to pay to extinguish any of this debt.

Deferred Costs to Obtain Custom

Deferred Costs to Obtain Customer Contracts	6 Months Ended
	Jul. 03, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
DEFERRED COSTS TO OBTAIN CUSTOMER CONTRACTS	DEFERRED COSTS TO OBTAIN CUSTOMER CONTRACTS Deferred cost to obtain customer contracts of $45.3 million and $45.4 million is included in Other non-current assets in the Condensed Consolidated Balance Sheets at the end of the second quarter of fiscal 2020 and fiscal year end 2019 , respectively. Amortization expense related to deferred costs to obtain customer contracts for the second quarter and the first two quarters of fiscal 2020 and 2019 was $5.6 million and $11.1 million and $5.3 million and $10.9 million , respectively. This expense was included in Sales and marketing expenses in the Condensed Consolidated Statements of Income. There was no impairment loss related to the deferred commissions for either period presented.

Product Warranties

Product Warranties	6 Months Ended
	Jul. 03, 2020
Product Warranties Disclosures [Abstract]
PRODUCT WARRANTIES	PRODUCT WARRANTIES We accrue for warranty costs as part of our cost of sales based on associated material product costs, technical support, labor costs, and costs incurred by third parties performing work on our behalf. Our expected future costs are primarily estimated based upon historical trends in the volume of product returns within the warranty period and the costs to repair or replace the equipment. When products sold include warranty provisions, they are covered by a warranty for periods ranging generally from one year to two years . Accrued warranty expenses of $15.5 million and $16.3 million is included in Other current liabilities in the Condensed Consolidated Balance Sheets at the end of the second quarter of fiscal 2020 and at the end of fiscal 2019 .

Deferred Revenue And Remaining

Deferred Revenue And Remaining Performance Obligations	6 Months Ended
	Jul. 03, 2020
Revenue Recognition and Deferred Revenue [Abstract]
Deferred Revenue and Performance Obligations	DEFERRED REVENUE AND REMAINING PERFORMANCE OBLIGATIONS Deferred Revenue Changes to our deferred revenue during the second quarter and first two quarters of fiscal 2020 and 2019 were as follows: Second Quarter of First Two Quarters of (In millions) 2020 2019 2020 2019 Beginning balance of the period $ 551.5 $ 464.4 $ 541.9 $ 387.3 Revenue recognized (130.1 ) (85.4 ) (331.9 ) (223.8 ) Net deferred revenue activity 109.6 73.4 321.0 288.9 Ending balance of the period $ 531.0 $ 452.4 $ 531.0 $ 452.4 Remaining Performance Obligations As of the end of the second quarter of fiscal 2020 , approximately $1.2 billion of revenue is expected to be recognized from remaining performance obligations for which goods or services have not been delivered, primarily subscription and software maintenance, and to a lesser extent, hardware and professional services contracts. We expect to recognize revenue of approximately 72% and 17% on these remaining performance obligations over the next 12 and 24 months , respectively, with the remainder recognized thereafter.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jul. 03, 2020
Earnings Per Share [Abstract]
EARNINGS PER SHARE	EARNINGS PER SHARE Basic earnings per share is computed by dividing Net income attributable to Trimble Inc. by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing Net income attributable to Trimble Inc. by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potentially dilutive securities had been issued. Potentially dilutive securities include outstanding stock options, shares to be purchased under the Company’s employee stock purchase plan, restricted stock units, and contingently issuable shares. The following table shows the computation of basic and diluted earnings per share: Second Quarter of First Two Quarters of 2020 2019 2020 2019 (In millions, except per share amounts) Numerator: Net income attributable to Trimble Inc. $ 63.0 $ 94.6 $ 124.9 $ 156.9 Denominator: Weighted average number of common shares used in basic earnings per share 250.0 251.7 250.0 251.6 Effect of dilutive securities 1.2 2.3 1.5 2.4 Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share 251.2 254.0 251.5 254.0 Basic earnings per share $ 0.25 $ 0.38 $ 0.50 $ 0.62 Diluted earnings per share $ 0.25 $ 0.37 $ 0.50 $ 0.62 For the second quarter and the first two quarters of fiscal 2020 and 2019 , 2.1 million and 1.8 million and 0.4 million and 0.3 million , respectively, of shares were excluded from the calculation of diluted earnings per share because their effect would have been antidilutive.

Income Taxes

Income Taxes	6 Months Ended
	Jul. 03, 2020
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES The Coronavirus Aid, Relief, and Economic Security Act ("CARES Act"), enacted on March 27, 2020, provides tax relief to individuals and businesses in light of the impacts of COVID-19. It did not result in material adjustments to our income tax provision or to our net deferred tax assets as of the end of the second quarter of fiscal 2020. For the second quarter of fiscal 2020 , our effective income tax rate was 30.5% , as compared to 18.0% in the corresponding period in fiscal 2019 . For the first two quarters of fiscal 2020 , our effective income tax rate was 26.5% , as compared to 17.6% in the corresponding period in fiscal 2019 . The increase in the effective income tax rate was primarily attributable to a one time charge related to increased valuation allowance arising from California tax legislation and a lower tax benefit from stock-based compensation deductions. Our effective tax rate is higher than the U.S. federal statutory rate of 21% primarily due to a one-time valuation allowance arising from California tax legislation. We and our subsidiaries are subject to U.S. federal and state and foreign income tax. Currently, we are in different stages of multiple year examinations by various state and foreign taxing authorities. We believe our reserves are more likely than not to be adequate to cover final resolution of all open tax matters. Although timing of the resolution and/or closure of audits in other jurisdictions is not certain, we do not believe that our gross unrecognized tax benefits would materially change in the next twelve months. Unrecognized tax benefits of $61.1 million and $59.5 million as of the end of the second quarter of fiscal 2020 and fiscal year end 2019 , respectively, if recognized, would favorably affect the effective income tax rate in future periods. Unrecognized tax benefits are recorded in other non-current liabilities and in the deferred tax accounts on our Condensed Consolidated Balance Sheets. Our practice is to recognize interest and/or penalties related to income tax matters in income tax expense. As of the end of the second quarter of fiscal 2020 and fiscal year end 2019 , we accrued $12.8 million and $11.5 million , respectively, for interest and penalties, which are recorded in other non-current liabilities on our Condensed Consolidated Balance Sheets.

Commitment and Contingencies

Commitment and Contingencies	6 Months Ended
	Jul. 03, 2020
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Commitments As of the end of the second quarter of fiscal 2020 , we had unconditional purchase obligations of approximately $249.1 million . These unconditional purchase obligations primarily represent open non-cancellable purchase orders for material purchases with our vendors. Litigation From time to time, we are involved in litigation arising out of the ordinary course of our business. There are no material legal proceedings, other than ordinary routine litigation incidental to the business, to which we or any of our subsidiaries are a party or of which any of the Company's or its subsidiaries' property is subject.

Significant Accounting Policies

Significant Accounting Policies (Policies)	6 Months Ended
	Jul. 03, 2020
Accounting Policies [Abstract]
Use of Estimates, Policy	Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires management to make estimates and assumptions that affect the amounts reported in its Condensed Consolidated Financial Statements and accompanying notes. Estimates and assumptions are used for revenue recognition, including determining the nature and timing of satisfaction of performance obligations and determining standalone selling price of performance obligations, allowances for doubtful accounts, sales returns reserve, allowances for inventory valuation, warranty costs, investments, goodwill impairment, intangibles impairment, purchased intangibles, useful lives for tangible and intangible assets, other long-lived asset impairments, stock-based compensation, and income taxes. Management bases its estimates on historical experience and various other assumptions believed to be reasonable. The global economic climate and unanticipated effects from the COVID-19 pandemic make these estimates more complex, and actual results could differ materially from those estimates.
New Accounting Pronouncements, Policy	Recently Adopted Accounting Pronouncements Financial Instruments - Credit Losses In June 2016, the FASB issued a new standard that requires credit losses on financial assets measured at amortized cost basis to be presented based on the net amount expected to be collected. Application of this standard replaces the incurred loss impairment methodology with a methodology that reflects all expected credit losses. Additionally, credit losses on available-for-sale debt securities are recorded through an allowance for credit losses limited to the amount by which fair value is below amortized cost. We adopted the new standard at the beginning of fiscal year 2020 by applying a modified retrospective method without restating comparative periods. The adoption did not have a material impact on our Condensed Consolidated Financial Statements. We continue to actively monitor the impact of the COVID-19 pandemic on expected credit losses. Intangibles - Goodwill and Other In January 2017, the FASB issued new guidance that simplifies the accounting for goodwill impairment by requiring impairment charges to be based on the first step in the current two-step impairment test. The impairment test is performed by comparing the fair value of a reporting unit with its carrying amount, and an impairment charge would be recognized for the amount by which the carrying amount exceeds the reporting unit’s fair value. We adopted the new standard on a prospective basis at the beginning of fiscal year 2020. The adoption did not have a material impact on our Condensed Consolidated Financial Statements. Intangibles - Internal-Use Software In August 2018, the FASB issued new guidance that clarifies the accounting for implementation costs incurred in a cloud computing arrangement that is a service contract. This guidance aligns the accounting for capitalizing implementation costs incurred in a hosting arrangement that is a service contract with the accounting for implementation costs incurred to develop or obtain internal-use software. We adopted the guidance on a prospective basis for all implementation costs incurred after the beginning of fiscal year 2020. The adoption of the new guidance did not have a material impact on our Condensed Consolidated Financial Statements. Recently issued Accounting Pronouncements not yet adopted Income Taxes - Simplifying the Accounting for Income Taxes In December 2019, the FASB issued amendments to the accounting for Income Taxes to reduce complexity by removing certain exceptions and implementing targeted simplifications. The new standard is effective for us beginning in fiscal 2021. Early adoption is permitted. We are currently evaluating the effect of the amendments on our Condensed Consolidated Financial Statements.
Business Combinations Policy	The fair value of identifiable assets acquired, and liabilities assumed were determined under the acquisition method of accounting for business combinations as of the date of acquisition. The excess of purchase consideration over the fair value of net tangible and identifiable intangible assets acquired was recorded as goodwill. The fair value of intangible assets acquired is determined based on a discounted cash flow analysis. For the acquisition in the first quarter of fiscal 2020
Product Warranties Policy	We accrue for warranty costs as part of our cost of sales based on associated material product costs, technical support, labor costs, and costs incurred by third parties performing work on our behalf. Our expected future costs are primarily estimated based upon historical trends in the volume of product returns within the warranty period and the costs to repair or replace the equipment. When products sold include warranty provisions, they are covered by a warranty for periods ranging generally from one year to two years .
Earnings Per Share, Policy	Basic earnings per share is computed by dividing Net income attributable to Trimble Inc. by the weighted-average number of shares of common stock outstanding during the period. Diluted earnings per share is computed by dividing Net income attributable to Trimble Inc. by the weighted-average number of shares of common stock outstanding during the period increased to include the number of additional shares of common stock that would have been outstanding if the potentially dilutive securities had been issued. Potentially dilutive securities include outstanding stock options, shares to be purchased under the Company’s employee stock purchase plan, restricted stock units, and contingently issuable shares.
Income Tax, Policy	Our practice is to recognize interest and/or penalties related to income tax matters in income tax expense.

Business Combinations (Tables)

Business Combinations (Tables)	6 Months Ended
	Jul. 03, 2020
Business Combinations [Abstract]
Schedule Of Intangible Assets	The following table presents details of the Company’s total intangible assets: As of Second Quarter of Fiscal 2020 Fiscal Year End 2019 Gross Gross Carrying Accumulated Net Carrying Carrying Accumulated Net Carrying (In millions) Amount Amortization Amount Amount Amortization Amount Developed product technology $ 1,302.5 $ (958.1 ) $ 344.4 $ 1,266.7 $ (923.4 ) $ 343.3 Trade names and trademarks 74.3 (65.1 ) 9.2 74.8 (59.8 ) 15.0 Customer relationships 773.2 (489.2 ) 284.0 769.8 (465.6 ) 304.2 Distribution rights and other intellectual property 71.4 (63.7 ) 7.7 79.7 (63.5 ) 16.2 $ 2,221.4 $ (1,576.1 ) $ 645.3 $ 2,191.0 $ (1,512.3 ) $ 678.7
Schedule Of Estimated Future Amortization Expense	The estimated future amortization expense of purchased intangible assets as of the end of the second quarter of fiscal 2020 was as follows: (In millions) 2020 (Remaining) $ 77.3 2021 137.2 2022 118.3 2023 105.2 2024 79.8 Thereafter 127.5 Total $ 645.3
Changes In Carrying Amount Of Goodwill By Operating Segment	The changes in the carrying amount of goodwill by segment for the first two quarters of fiscal 2020 were as follows: Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) Balance as of fiscal year end 2019 $ 1,973.0 $ 401.5 $ 445.4 $ 860.7 $ 3,680.6 Additions due to acquisitions — — — 147.6 147.6 Purchase price and foreign currency translation adjustments (8.2 ) (1.4 ) (5.2 ) (5.9 ) (20.7 ) Balance as of the end of the second quarter of fiscal 2020 $ 1,964.8 $ 400.1 $ 440.2 $ 1,002.4 $ 3,807.5

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jul. 03, 2020
Inventory, Net [Abstract]
Components Of Net Inventories	Inventories consisted of the following: Second Quarter of Fiscal Year End As of 2020 2019 (In millions) Raw materials $ 95.7 $ 95.8 Work-in-process 13.3 13.2 Finished goods 229.6 203.1 Total inventories $ 338.6 $ 312.1

Segment Information (Tables)

Segment Information (Tables)	6 Months Ended
	Jul. 03, 2020
Segment Reporting [Abstract]
Schedule Of Revenue, Operating Income And Identifiable Assets By Segment	Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) Second Quarter of Fiscal 2020 Revenue $ 295.2 $ 145.2 $ 142.9 $ 150.3 $ 733.6 Acquired deferred revenue adjustment 0.1 — 0.9 0.6 1.6 Segment revenue $ 295.3 $ 145.2 $ 143.8 $ 150.9 $ 735.2 Operating income $ 86.6 $ 37.4 $ 48.3 $ 13.8 $ 186.1 Acquired deferred revenue adjustment 0.1 — 0.9 0.6 1.6 Amortization of acquired capitalized commissions (1.3 ) — (0.1 ) — (1.4 ) Segment operating income $ 85.4 $ 37.4 $ 49.1 $ 14.4 $ 186.3 Depreciation expense $ 2.0 $ 1.5 $ 1.3 $ 1.1 $ 5.9 Second Quarter of Fiscal 2019 Revenue $ 339.0 $ 164.4 $ 152.6 $ 198.8 $ 854.8 Acquired deferred revenue adjustment 0.9 — 0.1 — 1.0 Segment revenue $ 339.9 $ 164.4 $ 152.7 $ 198.8 $ 855.8 Operating income $ 85.3 $ 31.1 $ 45.4 $ 32.9 $ 194.7 Acquired deferred revenue adjustment 0.9 — 0.1 — 1.0 Amortization of acquired capitalized commissions (1.6 ) — — — (1.6 ) Segment operating income $ 84.6 $ 31.1 $ 45.5 $ 32.9 $ 194.1 Depreciation expense $ 2.1 $ 1.6 $ 1.1 $ 1.2 $ 6.0 First Two Quarters of Fiscal 2020 Revenue 592.0 $ 291.4 $ 321.9 $ 320.6 $ 1,525.9 Acquired deferred revenue adjustment 0.2 — 2.2 0.9 3.3 Segment revenue $ 592.2 $ 291.4 $ 324.1 $ 321.5 $ 1,529.2 Operating income $ 148.7 $ 67.9 $ 113.9 $ 30.5 $ 361.0 Acquired deferred revenue adjustment 0.2 — 2.2 0.9 3.3 Amortization of acquired capitalized commissions (2.7 ) — (0.1 ) (0.1 ) (2.9 ) Segment operating income $ 146.2 $ 67.9 $ 116.0 $ 31.3 $ 361.4 Depreciation expense $ 4.1 $ 2.9 $ 2.6 $ 2.2 $ 11.8 First Two Quarters of Fiscal 2019 Revenue $ 631.0 $ 325.6 $ 311.9 $ 387.9 $ 1,656.4 Acquired deferred revenue adjustment 3.6 — 0.3 — $ 3.9 Segment revenue $ 634.6 $ 325.6 $ 312.2 $ 387.9 $ 1,660.3 Operating income $ 146.7 $ 60.5 $ 96.4 $ 64.1 367.7 Acquired deferred revenue adjustment 3.6 — 0.3 — 3.9 Amortization of acquired capitalized commissions (3.2 ) — (0.1 ) — (3.3 ) Segment operating income $ 147.1 $ 60.5 $ 96.6 $ 64.1 $ 368.3 Depreciation expense $ 4.2 $ 3.2 $ 2.2 $ 2.3 $ 11.9 Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) As of the end of the Second Quarter of Fiscal 2020 Accounts receivable, net $ 166.6 $ 90.3 $ 81.1 $ 140.8 $ 478.8 Inventories 63.5 129.4 44.7 101.0 338.6 Goodwill 1,964.8 400.1 440.2 1,002.4 3,807.5 As of Fiscal Year End 2019 Accounts receivable, net 232.0 115.5 93.3 167.4 608.2 Inventories 67.1 125.0 45.5 74.5 312.1 Goodwill $ 1,973.0 $ 401.5 $ 445.4 $ 860.7 $ 3,680.6
Reconciliation Of The Company's Consolidated Segment Operating Income To Consolidated Income Before Income Taxes	A reconciliation of our condensed consolidated segment operating income to condensed consolidated income before income taxes is as follows: Second Quarter of First Two Quarters of 2020 2019 2020 2019 (In millions) Consolidated segment operating income $ 186.3 $ 194.1 $ 361.4 $ 368.3 Unallocated corporate expense (16.4 ) (18.3 ) (30.3 ) (36.8 ) Restructuring charges (5.2 ) (2.9 ) (8.4 ) (6.6 ) COVID-19 expenses 0.2 — (3.6 ) — Acquired deferred revenue adjustment (1.6 ) (1.0 ) (3.3 ) (3.9 ) Amortization of purchased intangible assets (39.8 ) (43.5 ) (80.2 ) (87.8 ) Stock-based compensation and deferred compensation (25.4 ) (18.3 ) (29.9 ) (37.4 ) Amortization of acquired capitalized commissions 1.4 1.6 2.9 3.3 Acquisition / divestiture items (1.9 ) (2.0 ) (12.7 ) (3.1 ) Consolidated operating income 97.6 109.7 195.9 196.0 Non-operating income (expense), net (6.7 ) 5.7 (25.6 ) (5.4 ) Consolidated income before taxes $ 90.9 $ 115.4 $ 170.3 $ 190.6
Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas	On a total Company basis, the disaggregation of revenue by geography is summarized in the tables below. Revenue is defined as revenue from external customers attributed to countries based on the location of the customer and excludes the effects of certain acquired deferred revenue that was written down to fair value in purchase accounting, consistent with the Reporting Segment tables above. Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) Second Quarter of Fiscal 2020 North America $ 175.6 $ 57.7 $ 51.8 $ 117.0 $ 402.1 Europe 78.0 45.1 63.3 20.7 207.1 Asia Pacific 36.4 33.4 14.0 7.0 90.8 Rest of World 5.3 9.0 14.7 6.2 35.2 Total consolidated revenue $ 295.3 $ 145.2 $ 143.8 $ 150.9 $ 735.2 Second Quarter of Fiscal 2019 North America $ 199.2 $ 71.3 $ 52.9 $ 161.9 $ 485.3 Europe 90.0 56.0 68.0 22.9 236.9 Asia Pacific 42.1 26.2 11.9 9.8 90.0 Rest of World 8.6 10.9 19.9 4.2 43.6 Total consolidated revenue $ 339.9 $ 164.4 $ 152.7 $ 198.8 $ 855.8 First Two Quarters of Fiscal 2020 North America $ 347.7 $ 114.5 $ 105.5 $ 248.8 $ 816.5 Europe 159.6 95.8 153.7 39.8 448.9 Asia Pacific 73.5 62.1 31.5 17.5 184.6 Rest of World 11.4 19.0 33.4 15.4 79.2 Total consolidated revenue $ 592.2 $ 291.4 $ 324.1 $ 321.5 $ 1,529.2 First Two Quarters of Fiscal 2019 North America $ 364.8 $ 134.2 $ 94.8 $ 313.9 $ 907.7 Europe 173.9 110.7 156.9 44.0 485.5 Asia Pacific 80.6 57.9 24.6 20.3 183.4 Rest of World 15.3 22.8 35.9 9.7 83.7 Total consolidated revenue $ 634.6 $ 325.6 $ 312.2 $ 387.9 $ 1,660.3

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jul. 03, 2020
Debt Disclosure [Abstract]
Schedule Of Debt	Debt consisted of the following: As of Second Quarter of Fiscal Year End Instrument Date of Issuance 2020 2019 (In millions) Effective interest rate Senior Notes: 2023 Senior Notes, 4.15%, due June 2023 June 2018 4.36% $ 300.0 $ 300.0 2028 Senior Notes, 4.90%, due June 2028 June 2018 5.04% 600.0 600.0 2024 Senior Notes, 4.75%, due December 2024 November 2014 4.95% 400.0 400.0 Credit Facilities: 2018 Credit Facility, floating rate: Term Loan, due July 2022 May 2018 3.34% 225.0 225.0 Revolving Credit Facility, due May 2023 May 2018 1.99% 50.0 110.0 Uncommitted facilities, floating rate 1.26% 268.0 218.7 Promissory notes and other debt 0.2 0.3 Unamortized discount and issuance costs (10.5 ) (10.8 ) Total debt 1,832.7 1,843.2 Less: Short-term debt 268.2 219.0 Long-term debt $ 1,564.5 $ 1,624.2
Schedule of Maturities of Long-term Debt	At the end of the second quarter of fiscal 2020 , our debt maturities based on outstanding principal were as follows (in millions): Year Payable 2020 (Remaining) $ 268.2 2021 — 2022 225.0 2023 350.0 2024 400.0 Thereafter 600.0 Total $ 1,843.2

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Jul. 03, 2020
Fair Value Disclosures [Abstract]
Assets And Liabilities Measured At Fair Value On A Recurring Basis	The fair value of assets and liabilities measured and recorded at fair value on a recurring basis at the end of period were as follows: Fair Values as of the end of the Second Quarter of Fiscal 2020 Fair Values as of Fiscal Year End 2019 (In millions) Level I Level II Level III Total Level I Level II Level III Total Assets Deferred compensation plan assets (1) $ 36.1 $ — $ — $ 36.1 $ 36.2 $ — $ — $ 36.2 Derivatives assets (2) — 0.1 — 0.1 — 0.3 — 0.3 Total assets measured at fair value $ 36.1 $ 0.1 $ — $ 36.2 $ 36.2 $ 0.3 $ — $ 36.5 Liabilities Deferred compensation plan liabilities (1) $ 36.1 $ — $ — $ 36.1 $ 36.2 $ — $ — $ 36.2 Derivatives liabilities (2) — 0.3 — 0.3 — 1.0 — 1.0 Contingent consideration liabilities (3) — — 6.5 6.5 — — 19.9 19.9 Total liabilities measured at fair value $ 36.1 $ 0.3 $ 6.5 $ 42.9 $ 36.2 $ 1.0 $ 19.9 $ 57.1 (1) We maintain a self-directed, non-qualified deferred compensation plan for certain executives and other highly compensated employees. The plan assets and liabilities are invested in actively traded mutual funds and individual stocks valued using observable quoted prices in active markets. Deferred compensation plan assets and liabilities are included in Other non-current assets and Other non-current liabilities, respectively, on the Company's Condensed Consolidated Balance Sheets. (2) Derivative assets and liabilities primarily represent forward currency exchange contracts to minimize the short-term impact of foreign currency exchange rates on certain trade and inter-company receivables and payables. Derivative assets and liabilities are included in Other current assets and Other current liabilities on the Company's Condensed Consolidated Balance Sheets. (3) Contingent consideration liabilities represent arrangements to pay the former owners of certain companies that we acquired. The fair values are estimated using scenario-based methods or option pricing methods based upon estimated future revenues, gross margins, or other milestones. Contingent consideration liabilities are included in Other current and Other non-current liabilities on the Company's Condensed Consolidated Balance Sheets.

Deferred Revenue And Remainin_2

Deferred Revenue And Remaining Performance Obligations (Tables)	6 Months Ended
	Jul. 03, 2020
Revenue Recognition and Deferred Revenue [Abstract]
Deferred Revenue And Performance Obligations	Changes to our deferred revenue during the second quarter and first two quarters of fiscal 2020 and 2019 were as follows: Second Quarter of First Two Quarters of (In millions) 2020 2019 2020 2019 Beginning balance of the period $ 551.5 $ 464.4 $ 541.9 $ 387.3 Revenue recognized (130.1 ) (85.4 ) (331.9 ) (223.8 ) Net deferred revenue activity 109.6 73.4 321.0 288.9 Ending balance of the period $ 531.0 $ 452.4 $ 531.0 $ 452.4

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jul. 03, 2020
Earnings Per Share [Abstract]
Schedule Of Computation Of Earnings Per Share And Effect On Weighted-Average Number Of Shares	The following table shows the computation of basic and diluted earnings per share: Second Quarter of First Two Quarters of 2020 2019 2020 2019 (In millions, except per share amounts) Numerator: Net income attributable to Trimble Inc. $ 63.0 $ 94.6 $ 124.9 $ 156.9 Denominator: Weighted average number of common shares used in basic earnings per share 250.0 251.7 250.0 251.6 Effect of dilutive securities 1.2 2.3 1.5 2.4 Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share 251.2 254.0 251.5 254.0 Basic earnings per share $ 0.25 $ 0.38 $ 0.50 $ 0.62 Diluted earnings per share $ 0.25 $ 0.37 $ 0.50 $ 0.62

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Detail) - USD ($)	3 Months Ended				6 Months Ended
	Jul. 03, 2020	Apr. 03, 2020	Jun. 28, 2019	Mar. 29, 2019	Jul. 03, 2020	Nov. 30, 2017
Equity, Class of Stock [Line Items]
Share repurchases		$ 50,000,000	$ 19,000,000	$ 40,000,000
2017 Stock Repurchase Program
Equity, Class of Stock [Line Items]
Remaining amount authorized	$ 122,400,000				$ 122,400,000
Maximum | 2017 Stock Repurchase Program
Equity, Class of Stock [Line Items]
Stock repurchase program approved amount						$ 600,000,000
Open Market Purchases | 2017 Stock Repurchase Program
Equity, Class of Stock [Line Items]
Stock repurchased (in shares)	0				1,200,000
Shares repurchased (in dollars per share)					$ 40.40
Share repurchases					$ 50,000,000

Business Combinations (Narrativ

Business Combinations (Narratives) (Details) $ in Millions	6 Months Ended
	Jul. 03, 2020USD ($)
Business Acquisition [Line Items]
Purchase consideration	$ 201.1
Maximum
Business Acquisition [Line Items]
Percentage of revenue	1.00%

Business Combinations (Schedule

Business Combinations (Schedule Of Intangible Assets) (Detail) - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Gross Carrying Amount	$ 2,221.4	$ 2,191
Intangible Assets, Accumulated Amortization	(1,576.1)	(1,512.3)
Total	645.3	678.7
Developed product technology
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Gross Carrying Amount	1,302.5	1,266.7
Intangible Assets, Accumulated Amortization	(958.1)	(923.4)
Total	344.4	343.3
Trade names and trademarks
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Gross Carrying Amount	74.3	74.8
Intangible Assets, Accumulated Amortization	(65.1)	(59.8)
Total	9.2	15
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Gross Carrying Amount	773.2	769.8
Intangible Assets, Accumulated Amortization	(489.2)	(465.6)
Total	284	304.2
Distribution rights and other intellectual property
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible Assets, Gross Carrying Amount	71.4	79.7
Intangible Assets, Accumulated Amortization	(63.7)	(63.5)
Total	$ 7.7	$ 16.2

Business Combinations (Schedu_2

Business Combinations (Schedule Of Estimated Future Amortization Expense) (Detail) - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
Business Combinations [Abstract]
2020 (Remaining)	$ 77.3
2021	137.2
2022	118.3
2023	105.2
2024	79.8
Thereafter	127.5
Total	$ 645.3	$ 678.7

Business Combinations (Changes

Business Combinations (Changes In Carrying Amount Of Goodwill By Operating Segment) (Detail) $ in Millions	6 Months Ended
	Jul. 03, 2020USD ($)
Goodwill [Roll Forward]
Balance as of fiscal year end 2019	$ 3,680.6
Additions due to acquisitions	147.6
Purchase price and foreign currency translation adjustments	(20.7)
Balance as of the end of the second quarter of fiscal 2020	3,807.5
Buildings and Infrastructure
Goodwill [Roll Forward]
Balance as of fiscal year end 2019	1,973
Additions due to acquisitions	0
Purchase price and foreign currency translation adjustments	(8.2)
Balance as of the end of the second quarter of fiscal 2020	1,964.8
Geospatial
Goodwill [Roll Forward]
Balance as of fiscal year end 2019	401.5
Additions due to acquisitions	0
Purchase price and foreign currency translation adjustments	(1.4)
Balance as of the end of the second quarter of fiscal 2020	400.1
Resources and Utilities
Goodwill [Roll Forward]
Balance as of fiscal year end 2019	445.4
Additions due to acquisitions	0
Purchase price and foreign currency translation adjustments	(5.2)
Balance as of the end of the second quarter of fiscal 2020	440.2
Transportation
Goodwill [Roll Forward]
Balance as of fiscal year end 2019	860.7
Additions due to acquisitions	147.6
Purchase price and foreign currency translation adjustments	(5.9)
Balance as of the end of the second quarter of fiscal 2020	$ 1,002.4

Components Of Net Inventories (

Components Of Net Inventories (Detail) - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
Inventory, Net [Abstract]
Raw materials	$ 95.7	$ 95.8
Work-in-process	13.3	13.2
Finished goods	229.6	203.1
Total inventories	$ 338.6	$ 312.1

Segment Information (Schedule O

Segment Information (Schedule Of Revenue, Operating Income And Identifiable Assets By Segment) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019
Segment Reporting Information [Line Items]
Revenue	$ 733.6	$ 854.8	$ 1,525.9	$ 1,656.4
Acquired deferred revenue adjustment	1.6	1	3.3	3.9
Segment Revenues	735.2	855.8	1,529.2	1,660.3
Amortization of acquired capitalized commissions	(1.4)	(1.6)	(2.9)	(3.3)
Consolidated segment operating income	97.6	109.7	195.9	196
Depreciation expense			19.5	20.3
Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	186.1	194.7	361	367.7
Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	186.3	194.1	361.4	368.3
Depreciation expense	5.9	6	11.8	11.9
Buildings and Infrastructure
Segment Reporting Information [Line Items]
Revenue	295.2	339	592	631
Acquired deferred revenue adjustment	0.1	0.9	0.2	3.6
Segment Revenues	295.3	339.9	592.2	634.6
Amortization of acquired capitalized commissions	(1.3)	(1.6)	(2.7)	(3.2)
Buildings and Infrastructure | Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	86.6	85.3	148.7	146.7
Buildings and Infrastructure | Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	85.4	84.6	146.2	147.1
Depreciation expense	2	2.1	4.1	4.2
Geospatial
Segment Reporting Information [Line Items]
Revenue	145.2	164.4	291.4	325.6
Acquired deferred revenue adjustment	0	0	0	0
Segment Revenues	145.2	164.4	291.4	325.6
Amortization of acquired capitalized commissions	0	0	0	0
Geospatial | Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	37.4	31.1	67.9	60.5
Geospatial | Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	37.4	31.1	67.9	60.5
Depreciation expense	1.5	1.6	2.9	3.2
Resources and Utilities
Segment Reporting Information [Line Items]
Revenue	142.9	152.6	321.9	311.9
Acquired deferred revenue adjustment	0.9	0.1	2.2	0.3
Segment Revenues	143.8	152.7	324.1	312.2
Amortization of acquired capitalized commissions	(0.1)	0	(0.1)	(0.1)
Resources and Utilities | Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	48.3	45.4	113.9	96.4
Resources and Utilities | Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	49.1	45.5	116	96.6
Depreciation expense	1.3	1.1	2.6	2.2
Transportation
Segment Reporting Information [Line Items]
Revenue	150.3	198.8	320.6	387.9
Acquired deferred revenue adjustment	0.6	0	0.9	0
Segment Revenues	150.9	198.8	321.5	387.9
Amortization of acquired capitalized commissions	0	0	(0.1)	0
Transportation | Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	13.8	32.9	30.5	64.1
Transportation | Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	14.4	32.9	31.3	64.1
Depreciation expense	$ 1.1	$ 1.2	$ 2.2	$ 2.3

Segment Information (Segment Se

Segment Information (Segment Select Balance Sheet) (Details) - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
Segment Reporting Information [Line Items]
Accounts receivable, net	$ 478.8	$ 608.2
Inventories	338.6	312.1
Goodwill	3,807.5	3,680.6
Buildings and Infrastructure
Segment Reporting Information [Line Items]
Accounts receivable, net	166.6	232
Inventories	63.5	67.1
Goodwill	1,964.8	1,973
Geospatial
Segment Reporting Information [Line Items]
Accounts receivable, net	90.3	115.5
Inventories	129.4	125
Goodwill	400.1	401.5
Resources and Utilities
Segment Reporting Information [Line Items]
Accounts receivable, net	81.1	93.3
Inventories	44.7	45.5
Goodwill	440.2	445.4
Transportation
Segment Reporting Information [Line Items]
Accounts receivable, net	140.8	167.4
Inventories	101	74.5
Goodwill	$ 1,002.4	$ 860.7

Segment Information (Reconcilia

Segment Information (Reconciliation Of Company's Consolidated Segment Operating Income To Consolidated Income Before Income Taxes) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019
Segment Reporting Information [Line Items]
Consolidated operating income	$ 97.6	$ 109.7	$ 195.9	$ 196
Unallocated corporate expense	(308.1)	(350.9)	(650.8)	(702.9)
Restructuring charges	(5.2)	(2.9)	(8.4)	(6.6)
COVID-19 expenses	0.2	0	(3.6)	0
Acquired deferred revenue adjustment	(1.6)	(1)	(3.3)	(3.9)
Amortization of purchased intangible assets	(39.8)	(43.5)	(80.2)	(87.8)
Stock-based compensation and deferred compensation	(25.4)	(18.3)	(29.9)	(37.4)
Amortization of acquired capitalized commissions	1.4	1.6	2.9	3.3
Acquisition / divestiture items	(1.9)	(2)	(12.7)	(3.1)
Non-operating income (expense), net	(6.7)	5.7	(25.6)	(5.4)
Consolidated income before taxes	90.9	115.4	170.3	190.6
Operating segment
Segment Reporting Information [Line Items]
Consolidated operating income	186.3	194.1	361.4	368.3
Corporate
Segment Reporting Information [Line Items]
Unallocated corporate expense	$ (16.4)	$ (18.3)	$ (30.3)	$ (36.8)

Segment Information - Segment R

Segment Information - Segment Revenue by Geographic Areas (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019
Segment Reporting Information [Line Items]
Revenue	$ 735.2	$ 855.8	$ 1,529.2	$ 1,660.3
North America
Segment Reporting Information [Line Items]
Revenue	402.1	485.3	816.5	907.7
Europe
Segment Reporting Information [Line Items]
Revenue	207.1	236.9	448.9	485.5
Asia Pacific
Segment Reporting Information [Line Items]
Revenue	90.8	90	184.6	183.4
Rest of World
Segment Reporting Information [Line Items]
Revenue	35.2	43.6	79.2	83.7
United States
Segment Reporting Information [Line Items]
Revenue	368.7	435.6	747.5	824.7
Buildings and Infrastructure
Segment Reporting Information [Line Items]
Revenue	295.3	339.9	592.2	634.6
Buildings and Infrastructure | North America
Segment Reporting Information [Line Items]
Revenue	175.6	199.2	347.7	364.8
Buildings and Infrastructure | Europe
Segment Reporting Information [Line Items]
Revenue	78	90	159.6	173.9
Buildings and Infrastructure | Asia Pacific
Segment Reporting Information [Line Items]
Revenue	36.4	42.1	73.5	80.6
Buildings and Infrastructure | Rest of World
Segment Reporting Information [Line Items]
Revenue	5.3	8.6	11.4	15.3
Geospatial
Segment Reporting Information [Line Items]
Revenue	145.2	164.4	291.4	325.6
Geospatial | North America
Segment Reporting Information [Line Items]
Revenue	57.7	71.3	114.5	134.2
Geospatial | Europe
Segment Reporting Information [Line Items]
Revenue	45.1	56	95.8	110.7
Geospatial | Asia Pacific
Segment Reporting Information [Line Items]
Revenue	33.4	26.2	62.1	57.9
Geospatial | Rest of World
Segment Reporting Information [Line Items]
Revenue	9	10.9	19	22.8
Resources and Utilities
Segment Reporting Information [Line Items]
Revenue	143.8	152.7	324.1	312.2
Resources and Utilities | North America
Segment Reporting Information [Line Items]
Revenue	51.8	52.9	105.5	94.8
Resources and Utilities | Europe
Segment Reporting Information [Line Items]
Revenue	63.3	68	153.7	156.9
Resources and Utilities | Asia Pacific
Segment Reporting Information [Line Items]
Revenue	14	11.9	31.5	24.6
Resources and Utilities | Rest of World
Segment Reporting Information [Line Items]
Revenue	14.7	19.9	33.4	35.9
Transportation
Segment Reporting Information [Line Items]
Revenue	150.9	198.8	321.5	387.9
Transportation | North America
Segment Reporting Information [Line Items]
Revenue	117	161.9	248.8	313.9
Transportation | Europe
Segment Reporting Information [Line Items]
Revenue	20.7	22.9	39.8	44
Transportation | Asia Pacific
Segment Reporting Information [Line Items]
Revenue	7	9.8	17.5	20.3
Transportation | Rest of World
Segment Reporting Information [Line Items]
Revenue	$ 6.2	$ 4.2	$ 15.4	$ 9.7

Debt (Schedule Of Debt) (Detail

Debt (Schedule Of Debt) (Detail) - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
Debt Instrument [Line Items]
Unamortized discount and issuance costs	$ (10.5)	$ (10.8)
Total debt	1,832.7	1,843.2
Less: Short-term debt	268.2	219
Long-term debt	$ 1,564.5	1,624.2
Uncommitted Facilities, floating rate
Debt Instrument [Line Items]
Effective interest rate	1.26%
Debt, gross	$ 268	218.7
Promissory notes and other debt
Debt Instrument [Line Items]
Debt, gross	$ 0.2	0.3
2023 Senior Notes, 4.15%, due June 2023 | Senior Notes
Debt Instrument [Line Items]
Effective interest rate	4.36%
Debt, gross	$ 300	300
Fixed rate	4.15%
2028 Senior Notes, 4.90%, due June 2028 | Senior Notes
Debt Instrument [Line Items]
Effective interest rate	5.04%
Debt, gross	$ 600	600
Fixed rate	4.90%
2024 Senior Notes, 4.75%, due December 2024 | Senior Notes
Debt Instrument [Line Items]
Effective interest rate	4.95%
Debt, gross	$ 400	400
Fixed rate	4.75%
Revolving Credit Facility, due May 2023 | Revolving Credit Facility
Debt Instrument [Line Items]
Effective interest rate	1.99%
Debt, gross	$ 50	110
Term Loan, due July 2022 | Term Loan, due July 2022 | Revolving Credit Facility
Debt Instrument [Line Items]
Effective interest rate	3.34%
Debt, gross	$ 225	$ 225

Debt (Schedule of Debt Maturiti

Debt (Schedule of Debt Maturities) (Details) $ in Millions	Jul. 03, 2020USD ($)
Debt Disclosure [Abstract]
2020 (Remaining)	$ 268.2
2021	0
2022	225
2023	350
2024	400
Thereafter	600
Total	$ 1,843.2

Debt (Narrative) (Detail)

Debt (Narrative) (Detail) € in Millions, £ in Millions, $ in Millions	May 04, 2020USD ($)	Jul. 03, 2020USD ($)loan	Jul. 03, 2020GBP (£)loan	Jul. 03, 2020EUR (€)loan	Feb. 24, 2020GBP (£)	Jan. 03, 2020USD ($)
Debt Instrument [Line Items]
Debt outstanding		$ 1,832.7				$ 1,843.2
Uncommitted Revolving Credit Facilities 55 million GBP
Debt Instrument [Line Items]
Current borrowing capacity | £			£ 55		£ 55
Number of revolving loan facilities | loan		1	1	1
Uncommitted Revolving Credit Facilities $75 million
Debt Instrument [Line Items]
Current borrowing capacity		$ 75
Number of revolving loan facilities | loan		2	2	2
Uncommitted Revolving Credit Facilities 100 million euros
Debt Instrument [Line Items]
Current borrowing capacity | €				€ 100
Number of revolving loan facilities | loan		1	1	1
JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Credit Facility
Debt Instrument [Line Items]
Current borrowing capacity		$ 1,750
JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Current borrowing capacity	$ 225
JPMorgan Chase Bank | Revolving Credit Facility, due May 2023 | Unsecured Debt [Member] | 2018 Credit Facility
Debt Instrument [Line Items]
Current borrowing capacity		1,250
JPMorgan Chase Bank | Delayed Draw Term Loan | Unsecured Debt [Member] | 2018 Credit Facility
Debt Instrument [Line Items]
Current borrowing capacity		500
JPMorgan Chase Bank | Additional Loan Facility | Unsecured Debt [Member] | 2018 Credit Facility
Debt Instrument [Line Items]
Current borrowing capacity		$ 500
LIBOR | JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Floor rate	1.00%
EURIBOR | JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Floor rate	1.00%
Minimum | Base Rate | JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Variable rate	0.75%
Minimum | LIBOR | JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Variable rate	1.75%
Minimum | EURIBOR | JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Variable rate	1.75%
Maximum | Base Rate | JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Variable rate	1.625%
Maximum | LIBOR | JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Variable rate	2.625%
Maximum | EURIBOR | JPMorgan Chase Bank | Revolving Credit Facility | Unsecured Debt [Member] | 2018 Loan Amendment
Debt Instrument [Line Items]
Variable rate	2.625%

Fair Value Measurements (Assets

Fair Value Measurements (Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail) - Recurring - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	$ 36.1	$ 36.2
Derivatives assets	0.1	0.3
Total assets measured at fair value	36.2	36.5
Deferred compensation plan liabilities	36.1	36.2
Derivatives liabilities	0.3	1
Contingent consideration liabilities	6.5	19.9
Total liabilities measured at fair value	42.9	57.1
Level I
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	36.1	36.2
Derivatives assets	0	0
Total assets measured at fair value	36.1	36.2
Deferred compensation plan liabilities	36.1	36.2
Derivatives liabilities	0	0
Contingent consideration liabilities	0	0
Total liabilities measured at fair value	36.1	36.2
Level II
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	0	0
Derivatives assets	0.1	0.3
Total assets measured at fair value	0.1	0.3
Deferred compensation plan liabilities	0	0
Derivatives liabilities	0.3	1
Contingent consideration liabilities	0	0
Total liabilities measured at fair value	0.3	1
Level III
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	0	0
Derivatives assets	0	0
Total assets measured at fair value	0	0
Deferred compensation plan liabilities	0	0
Derivatives liabilities	0	0
Contingent consideration liabilities	6.5	19.9
Total liabilities measured at fair value	$ 6.5	$ 19.9

Fair Value Measurements (Additi

Fair Value Measurements (Additional Information) (Detail) - USD ($) $ in Millions	Jul. 03, 2020	Jan. 03, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt outstanding	$ 1,832.7	$ 1,843.2
Debt | Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt outstanding	$ 2,000	$ 1,900

Deferred Costs To Obtain Cust_2

Deferred Costs To Obtain Customer Contracts - Narratives (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019	Jan. 03, 2020
Capitalized Contract Cost [Line Items]
Deferred costs to obtain customer contracts	$ 45,300,000		$ 45,300,000		$ 45,400,000
Deferred commission
Capitalized Contract Cost [Line Items]
Impairment loss related to deferred commissions	0	$ 0	0	$ 0
Sales and marketing expense
Capitalized Contract Cost [Line Items]
Amortization expense related to deferred costs to obtain customer contracts	$ 5,600,000	$ 5,300,000	$ 11,100,000	$ 10,900,000

Product Warranties (Narrative)

Product Warranties (Narrative) (Detail) - USD ($) $ in Millions	6 Months Ended
	Jul. 03, 2020	Jan. 03, 2020
Minimum
Product Warranty Liability [Line Items]
Warrant period	1 year
Maximum
Product Warranty Liability [Line Items]
Warrant period	2 years
Other current liabilities
Product Warranty Liability [Line Items]
Accrued warranty expenses	$ 15.5	$ 16.3

Deferred Revenue And Remainin_3

Deferred Revenue And Remaining Performance Obligations - Roll Forward (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019
Contract With Customer, Asset And Liability [Roll Forward]
Beginning balance of the period	$ 551.5	$ 464.4	$ 541.9	$ 387.3
Revenue recognized	(130.1)	(85.4)	(331.9)	(223.8)
Net deferred revenue activity	109.6	73.4	321	288.9
Ending balance of the period	$ 531	$ 452.4	$ 531	$ 452.4

Deferred Revenue And Performanc

Deferred Revenue And Performance Obligations Narratives (Details) - Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-07-04 $ in Billions	Jul. 03, 2020USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 1.2
Revenue Recognition Over Remaining Obligations Over Next 12 Months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage	72.00%
Remaining performance obligation, period	12 months
Revenue Recognition Over Remaining Obligations Over Next 24 Months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage	17.00%
Remaining performance obligation, period	24 months

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Computation Of Earnings Per Share And Effect On Weighted-Average Number Of Shares) (Detail) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019
Earnings Per Share [Abstract]
Net income attributable to Trimble Inc.	$ 63	$ 94.6	$ 124.9	$ 156.9
Weighted average number of common shares used in basic earnings per share	250	251.7	250	251.6
Effect of dilutive securities	1.2	2.3	1.5	2.4
Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share	251.2	254	251.5	254
Basic earnings per share (in dollars per share)	$ 0.25	$ 0.38	$ 0.50	$ 0.62
Diluted earnings per share (in dollars per share)	$ 0.25	$ 0.37	$ 0.50	$ 0.62
Antidilutive shares (in shares)	2.1	0.4	1.8	0.3

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Detail) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jul. 03, 2020	Jun. 28, 2019	Jul. 03, 2020	Jun. 28, 2019	Jan. 03, 2020
Income Tax Contingency [Line Items]
Effective income tax rate	30.50%	18.00%	26.50%	17.60%
Other noncurrent liabilities
Income Tax Contingency [Line Items]
Unrecognized tax benefits that would impact effective tax rate	$ 61.1		$ 61.1		$ 59.5
Unrecognized tax benefit liabilities include interest and penalties	$ 12.8		$ 12.8		$ 11.5

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) $ in Millions	Jul. 03, 2020USD ($)
Commitments and Contingencies Disclosure [Abstract]
Unconditional purchase obligations	$ 249.1