Trimble (TRMB) 10-Q 7 May 21 2021 Q1 Quarterly report Financial data

Cover Page

Cover Page - shares	3 Months Ended
	Apr. 02, 2021	May 05, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Apr. 2, 2021
Document Transition Report	false
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	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q1
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
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Title of 12(b) Security	Common Stock, $0.001 par value per share
Trading Symbol	TRMB
Security Exchange Name	NASDAQ
Entity Common Stock, Shares Outstanding		250,965,073

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Current assets:
Cash and cash equivalents	$ 264.6	$ 237.7
Accounts receivable, net	576.6	620.5
Inventories	298.7	301.7
Other current assets	120.1	121.5
Total current assets	1,260	1,281.4
Property and equipment, net	251.6	251.8
Operating lease right-of-use assets	121.1	128.9
Goodwill	3,848	3,876.5
Other purchased intangible assets, net	543	580.1
Deferred income tax assets	502.7	510.2
Other non-current assets	254.1	248
Total assets	6,780.5	6,876.9
Current liabilities:
Short-term debt	97.5	255.8
Accounts payable	157.9	143.2
Accrued compensation and benefits	145.2	166.8
Deferred revenue	561.4	560.5
Other current liabilities	189.6	185
Total current liabilities	1,151.6	1,311.3
Long-term debt	1,291.9	1,291.4
Deferred revenue, non-current	57.5	53.3
Deferred income tax liabilities	292.2	300.3
Income taxes payable	61.8	62.2
Operating lease liabilities	101.9	109.2
Other non-current liabilities	150	150.6
Total liabilities	3,106.9	3,278.3
Commitments and contingencies (Note 13)
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; 250.9 and 250.8 shares issued and outstanding at the end of the first quarter of 2021 and fiscal year end 2020, respectively	0.3	0.3
Additional paid-in-capital	1,841.5	1,801.7
Retained earnings	1,961.8	1,893.4
Accumulated other comprehensive loss	(130)	(98.5)
Total Trimble Inc. stockholders' equity	3,673.6	3,596.9
Noncontrolling interests	0	1.7
Total stockholders' equity	3,673.6	3,598.6
Total liabilities and stockholders' equity	$ 6,780.5	$ 6,876.9

Condensed Consolidated Balanc_2

Condensed Consolidated Balance Sheets (Parenthetical) - $ / shares	Apr. 02, 2021	Jan. 01, 2021
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)	250,900,000	250,800,000
Common stock, shares outstanding (in shares)	250,900,000	250,800,000

Condensed Consolidated Statemen

Condensed Consolidated Statements Of Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020
Revenue:
Revenue	$ 886.5	$ 792.3
Cost of sales:
Cost of Sales	393.2	351.3
Amortization of purchased intangible assets	22.1	23.5
Gross margin	493.3	441
Operating expense:
Research and development	129.4	118.2
Sales and marketing	122.4	131.7
General and administrative	85.4	73
Restructuring	1.5	2.9
Amortization of purchased intangible assets	13.7	16.9
Total operating expense	352.4	342.7
Operating income	140.9	98.3
Non-operating expense, net:
Interest expense, net	(16.9)	(20.5)
Income from equity method investments, net	11.8	9.4
Other income (expense), net	1.6	(7.8)
Total non-operating expense, net	(3.5)	(18.9)
Income before taxes	137.4	79.4
Income tax provision	22.8	17.5
Net income	114.6	61.9
Net income attributable to noncontrolling interests	0.1	0
Net income attributable to Trimble Inc.	$ 114.5	$ 61.9
Earnings per share attributable to Trimble Inc.:
Basic (in dollars per share)	$ 0.46	$ 0.25
Diluted (in dollars per share)	$ 0.45	$ 0.25
Shares used in calculating earnings per share:
Basic (in shares)	251.1	249.9
Diluted (in shares)	254.3	251.7
Product
Revenue:
Revenue	$ 539.4	$ 463.8
Cost of sales:
Cost of Sales	255.7	210.1
Service
Revenue:
Revenue	162.3	162.4
Cost of sales:
Cost of Sales	59.6	63.6
Subscription
Revenue:
Revenue	184.8	166.1
Cost of sales:
Cost of Sales	$ 55.8	$ 54.1

Condensed Consolidated Statem_2

Condensed Consolidated Statements Of Comprehensive Income - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 114.6	$ 61.9
Foreign currency translation adjustments, net of tax	(31.5)	(54.3)
Net unrealized gain, net of tax	0	0.2
Comprehensive income	83.1	7.8
Comprehensive income attributable to noncontrolling interests	0.1	0
Comprehensive income attributable to Trimble Inc.	$ 83	$ 7.8

Condensed Consolidated Statem_3

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 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
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	61.9			61.9		61.9
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 (in shares)		1
Issuance of common stock under employee plans, net of tax withholdings	12.7		20.4	(7.7)		12.7
Stock repurchases (in shares)		(1.2)
Stock repurchases	(50)		(8.4)	(41.6)		(50)
Stock-based compensation	11.8		11.8			11.8
Noncontrolling interest investment	(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. 01, 2021	$ 3,598.6	$ 0.3	1,801.7	1,893.4	(98.5)	3,596.9	1.7
Beginning balance (in shares) at Jan. 01, 2021	250.8	250.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 114.6			114.5		114.5	0.1
Other comprehensive income	(31.5)				(31.5)	(31.5)
Comprehensive income	83.1					83
Issuance of common stock under employee plans, net of tax withholdings (in shares)		0.7
Issuance of common stock under employee plans, net of tax withholdings	8		18.2	(10.2)		8
Stock repurchases (in shares)		(0.6)
Stock repurchases	(40)		(4.1)	(35.9)		(40)
Stock-based compensation	25.1		25.1			25.1
Noncontrolling interest investment	$ (1.2)		0.6			0.6	(1.8)
Ending balance (in shares) at Apr. 02, 2021	250.9	250.9
Ending balance at Apr. 02, 2021	$ 3,673.6	$ 0.3	$ 1,841.5	$ 1,961.8	$ (130)	$ 3,673.6	$ 0

Condensed Consolidated Statem_4

Condensed Consolidated Statements Of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020
Statement of Cash Flows [Abstract]
Net income	$ 114.6	$ 61.9
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense	10.3	9.8
Amortization expense	35.8	40.4
Provision for credit losses	(0.8)	6.4
Deferred income taxes	0.4	4.8
Stock-based compensation	27.2	10.7
Income from equity method investments, net of dividends	(3.8)	(5.6)
Other, net	0.8	8.5
(Increase) decrease in assets:
Accounts receivable, net	40	47.9
Inventories	(0.9)	(20.4)
Other current and non-current assets	2.8	16.8
Increase (decrease) in liabilities:
Accounts payable	14.5	(12.8)
Accrued compensation and benefits	(25)	(12.6)
Deferred revenue	9.2	15.6
Other current and non-current liabilities	3.1	(15.7)
Net cash provided by operating activities	228.2	155.7
Cash flow from investing activities:
Acquisitions of businesses, net of cash acquired	(1.2)	(198)
Purchases of property and equipment	(10.6)	(16.7)
Other, net	2.6	0.3
Net cash used in investing activities	(9.2)	(214.4)
Cash flow from financing activities:
Issuance of common stock, net of tax withholdings	8	12.7
Repurchases of common stock	(40)	(50)
Proceeds from debt and revolving credit lines	180.8	657.5
Payments on debt and revolving credit lines	(335.7)	(520.2)
Other, net	0	(0.4)
Net cash (used in) provided by financing activities	(186.9)	99.6
Effect of exchange rate changes on cash and cash equivalents	(5.2)	(13.3)
Net increase in cash and cash equivalents	26.9	27.6
Cash and cash equivalents - beginning of period	237.7	189.2
Cash and cash equivalents - end of period	$ 264.6	$ 216.8

Overview And Accounting Policie

Overview And Accounting Policies	3 Months Ended
	Apr. 02, 2021
Accounting Policies [Abstract]
Overview And Accounting Policies	OVERVIEW AND ACCOUNTING POLICIES Company and Background Trimble Inc., (“we” or “our” or “us”) is incorporated in the State of Delaware since October 2016. Basis of Presentation We use a 52- to 53-week fiscal year ending on the Friday nearest to December 31. The first quarter of fiscal 2021 and 2020 ended on April 2, 2021 and April 3, 2020, respectively. Both fiscal 2021 and 2020 are 52-week years. 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. Intercompany 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 our Form 10-K filed with the U.S. Securities and Exchange Commission on February 26, 2021 (the “2020 Form 10-K”). Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires us to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. We base our estimates on historical experience and various other assumptions we believe to be reasonable. Actual results that we experience may differ materially from our estimates. For a complete discussion of our estimates and assumptions, refer to Note 1 “Description of Business and Accounting Policies” of the 2020 Form 10-K. Summary of Significant Accounting Policies There have been no material changes to our significant accounting polices during the first quarter of 2021. For a complete discussion of our policies, refer to Note 1 “Description of Business and Accounting Policies” of the 2020 Form 10-K. Recently Adopted Accounting Pronouncements Income Taxes - Simplifying the Accounting for Income Taxes In December 2019, the Financial Accounting Standards Board (FASB) issued amendments to the accounting for Income Taxes to reduce complexity by removing certain exceptions and implementing targeted simplifications. We adopted the new standard on a prospective basis at the beginning of fiscal year 2021. The adoption did not have a material impact on our Condensed Consolidated Financial Statements. Recently issued Accounting Pronouncements not yet adopted

Stockholders' Equity

Stockholders' Equity	3 Months Ended
	Apr. 02, 2021
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 an evaluation of market conditions, share price, legal requirements, and other factors. The 2017 Stock Repurchase Program may be suspended, modified, or discontinued at any time without prior notice. During the first quarter of fiscal 2021, we repurchased approximately 0.6 million shares of common stock in open market purchases at an average price of $71.24 per share for a total of $40.0 million. At the end of the first quarter of fiscal 2021, the 2017 Stock Repurchase Program had remaining authorized funds of $50.7 million. Stock repurchases are reflected as a decrease to common stock 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 program are recorded based upon the trade date for accounting purposes.

Business Combinations

Business Combinations	3 Months Ended
	Apr. 02, 2021
Business Combinations [Abstract]
BUSINESS COMBINATIONS	BUSINESS COMBINATIONS We did not acquire any businesses during the first quarter of fiscal 2021. Intangible Assets The following table presents a summary of our total intangible assets: As of First Quarter of Fiscal 2021 Fiscal Year End 2020 Gross Gross Carrying Accumulated Net Carrying Carrying Accumulated Net Carrying (In millions) Amount Amortization Amount Amount Amortization Amount Developed product technology $ 1,093.8 $ (813.1) $ 280.7 $ 1,118.2 $ (811.1) $ 307.1 Customer relationships 671.1 (419.1) 252.0 681.1 (419.3) 261.8 Trade names and trademarks 56.2 (51.2) 5.0 58.3 (51.9) 6.4 Distribution rights and other intellectual property 42.5 (37.2) 5.3 45.8 (41.0) 4.8 $ 1,863.6 $ (1,320.6) $ 543.0 $ 1,903.4 $ (1,323.3) $ 580.1 The estimated future amortization expense of purchased intangible assets as of the end of the first quarter of fiscal 2021 was as follows: (In millions) 2021 (Remaining) $ 104.1 2022 118.1 2023 105.6 2024 80.0 2025 45.8 Thereafter 89.4 Total $ 543.0 Goodwill The changes in the carrying amount of goodwill by segment for the first quarter of fiscal 2021 were as follows: Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) Balance as of fiscal year end 2020 $ 1,997.4 $ 415.7 $ 453.8 $ 1,009.6 $ 3,876.5 Foreign currency translation and other adjustments (5.0) (6.9) (4.6) (12.0) (28.5) Balance as of the end of the first quarter of fiscal 2021 $ 1,992.4 $ 408.8 $ 449.2 $ 997.6 $ 3,848.0

Inventories

Inventories	3 Months Ended
	Apr. 02, 2021
Inventory, Net [Abstract]
INVENTORIES	INVENTORIES Inventories consisted of the following: First Quarter of Fiscal Year End As of 2021 2020 (In millions) Raw materials $ 90.3 $ 95.6 Work-in-process 12.6 16.0 Finished goods 195.8 190.1 Total inventories $ 298.7 $ 301.7

Segment Information

Segment Information	3 Months Ended
	Apr. 02, 2021
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION Our operating segments are determined based on how our chief operating decision maker (“CODM”) 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, and government. • 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 and freight shipper markets. 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. This is consistent with the way the CODM evaluates each of the segment's performance and allocates resources. Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) First Quarter of Fiscal 2021 Revenue $ 343.0 $ 181.7 $ 205.2 $ 156.6 $ 886.5 Acquired deferred revenue adjustment 0.1 — — 0.1 0.2 Segment revenue $ 343.1 $ 181.7 $ 205.2 $ 156.7 $ 886.7 Operating income $ 97.4 $ 48.7 $ 80.1 $ 8.4 $ 234.6 Acquired deferred revenue adjustment 0.1 — — 0.1 0.2 Amortization of acquired capitalized commissions (1.1) — — (0.1) (1.2) Segment operating income $ 96.4 $ 48.7 $ 80.1 $ 8.4 $ 233.6 Depreciation expense $ 1.8 $ 1.7 $ 1.5 $ 0.9 $ 5.9 First Quarter of Fiscal 2020 Revenue $ 296.8 $ 146.2 $ 179.0 $ 170.3 $ 792.3 Acquired deferred revenue adjustment 0.1 — 1.3 0.3 1.7 Segment revenue $ 296.9 $ 146.2 $ 180.3 $ 170.6 $ 794.0 Operating income $ 62.1 $ 30.5 $ 65.6 $ 16.7 $ 174.9 Acquired deferred revenue adjustment 0.1 — 1.3 0.3 1.7 Amortization of acquired capitalized commissions (1.4) — — (0.1) (1.5) Segment operating income $ 60.8 $ 30.5 $ 66.9 $ 16.9 $ 175.1 Depreciation expense $ 2.1 $ 1.4 $ 1.3 $ 1.1 $ 5.9 Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) As of the end of the First Quarter of Fiscal 2021 Accounts receivable, net $ 202.4 $ 110.2 $ 120.5 $ 143.5 $ 576.6 Inventories 57.1 127.1 51.7 62.8 298.7 Goodwill 1,992.4 408.8 449.2 997.6 3,848.0 As of Fiscal Year End 2020 Accounts receivable, net $ 260.1 $ 117.5 $ 91.2 $ 151.7 $ 620.5 Inventories 59.1 120.1 49.0 73.5 301.7 Goodwill 1,997.4 415.7 453.8 1,009.6 3,876.5 A reconciliation of our condensed consolidated segment operating income to condensed consolidated income before income taxes was as follows: First Quarter of 2021 2020 (In millions) Consolidated segment operating income $ 233.6 $ 175.1 Unallocated general corporate expenses (24.4) (13.9) Acquired deferred revenue adjustment (0.2) (1.7) Amortization of acquired capitalized commissions 1.2 1.5 Amortization of purchased intangible assets (35.8) (40.4) Acquisition / divestiture items (3.5) (10.8) Stock-based compensation / deferred compensation (28.7) (4.5) Restructuring and other exit costs (1.5) (3.2) COVID-19 expenses 0.2 (3.8) Consolidated operating income 140.9 98.3 Total non-operating expense, net (3.5) (18.9) Consolidated income before taxes $ 137.4 $ 79.4 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) First Quarter of Fiscal 2021 North America $ 199.8 $ 72.5 $ 53.6 $ 124.5 $ 450.4 Europe 94.3 60.4 105.8 19.7 280.2 Asia Pacific 43.6 37.5 21.0 7.7 109.8 Rest of World 5.4 11.3 24.8 4.8 46.3 Total segment revenue $ 343.1 $ 181.7 $ 205.2 $ 156.7 $ 886.7 First Quarter of Fiscal 2020 North America $ 172.1 $ 56.8 $ 53.7 $ 131.8 $ 414.4 Europe 81.6 50.7 90.4 19.1 241.8 Asia Pacific 37.1 28.7 17.5 10.5 93.8 Rest of World 6.1 10.0 18.7 9.2 44.0 Total segment revenue $ 296.9 $ 146.2 $ 180.3 $ 170.6 $ 794.0 Total revenue in the United States as included in the Condensed Consolidated Statements of Income was $406.8 million and $378.8 million for th

Debt

Debt	3 Months Ended
	Apr. 02, 2021
Debt Disclosure [Abstract]
DEBT	DEBT Debt consisted of the following: As of First Quarter of Fiscal Year End Instrument Date of Issuance 2021 2020 (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: Uncommitted facilities, floating rate 1.14% 97.5 255.8 Promissory notes and other debt 0.1 0.1 Unamortized discount and issuance costs (8.2) (8.7) Total debt 1,389.4 1,547.2 Less: Short-term debt 97.5 255.8 Long-term debt $ 1,291.9 $ 1,291.4 Each of our debt agreements requires us to maintain compliance with certain debt covenants, all of which we complied with at the end of the first quarter of fiscal 2021. Debt Maturities At the end of the first quarter of fiscal 2021, our debt maturities based on outstanding principal were as follows (in millions): Year Payable 2021 (Remaining) $ 97.5 2022 — 2023 300.1 2024 400.0 2025 — Thereafter 600.0 Total $ 1,397.6 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 leaseback 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 At the end of the first quarter of fiscal 2021, we had access to a $1.25 billion unsecured revolving credit facility maturing in May 2023, which may be used for working capital and general corporate purposes, including permitted acquisitions. As part of the credit facility, we may request an additional term loan facility up to $500.0 million prior to the maturity of the credit facility and subject to approval. Uncommitted Facilities At the end of the first quarter of fiscal 2021, we had two $75.0 million, one €100.0 million, and one £55.0 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.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Apr. 02, 2021
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	FAIR VALUE MEASUREMENTS The following table summarizes the fair values of financial instruments at fair value on a recurring basis for the periods indicated and determined using the following inputs: Fair Values as of the end of the First Quarter of Fiscal 2021 Fair Values at the end of Fiscal 2020 Quoted prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Quoted prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (In millions) (Level I) (Level II) (Level III) Total (Level I) (Level II) (Level III) Total Assets Deferred compensation plan (1) $ 42.7 $ — $ — $ 42.7 $ 41.9 $ — $ — $ 41.9 Derivatives (2) — 0.2 — 0.2 — 0.9 — 0.9 Total assets measured at fair value $ 42.7 $ 0.2 $ — $ 42.9 $ 41.9 $ 0.9 $ — $ 42.8 Liabilities Deferred compensation plan (1) $ 42.7 $ — $ — $ 42.7 $ 41.9 $ — $ — $ 41.9 Derivatives (2) — 0.3 — 0.3 — 0.5 — 0.5 Contingent consideration (3) — — 13.6 13.6 — — 12.3 12.3 Total liabilities measured at fair value $ 42.7 $ 0.3 $ 13.6 $ 56.6 $ 41.9 $ 0.5 $ 12.3 $ 54.7 (1) Represents a self-directed, non-qualified deferred compensation plan for certain executives and other highly compensated employees that are included in Other non-current assets and Other non-current liabilities on our Condensed Consolidated Balance Sheets, respectively. The plan is invested in actively traded mutual funds and individual stocks valued using observable quoted prices in active markets. (2) Represents forward currency exchange contracts that are included in Other current assets and Other current liabilities on our Condensed Consolidated Balance Sheets, respectively. (3) Represents arrangements to pay the former owners of certain companies that we acquired that are included in Other current liabilities on our Condensed Consolidated Balance Sheets. The fair values are estimated using scenario-based methods or option pricing methods based upon estimated future revenues, gross margins, or other milestones. 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 $1.5 billion and $1.8 billion at the end of the first quarter of fiscal 2021 and at the end of fiscal 2020, respectively . 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. The uncommitted facilities, promissory notes, and other debt are all short-term in nature; therefore, the amounts reported in our Condensed Balance Sheet approximate their fair value. The fair values do not indicate the amount we would currently have to pay to extinguish any of this debt.

Deferred Costs To Obtain Custom

Deferred Costs To Obtain Customer Contracts	3 Months Ended
	Apr. 02, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
DEFERRED COSTS TO OBTAIN CUSTOMER CONTRACTS	DEFERRED COSTS TO OBTAIN CUSTOMER CONTRACTS Deferred costs to obtain customer contracts at the end of the first quarter of fiscal 2021 and fiscal year end 2020 were $52.8 million and $51.3 million, respectively. These costs are included in Other non-current assets in the Condensed Consolidated Balance Sheets. Amortization expense related to deferred costs to obtain customer contracts for the first quarter of fiscal 2021 and 2020 was $6.1 million and $5.5 million, respectively. This expense is included in Sales and marketing expenses in the Condensed

Product Warranties

Product Warranties	3 Months Ended
	Apr. 02, 2021
Product Warranties Disclosures [Abstract]
PRODUCT WARRANTIES	PRODUCT WARRANTIESWe 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 expense at the end of the first quarter of fiscal 2021 and fiscal year end 2020, was $15.0 million and $13.8 million, respectively, and is included in Other current liabilities in our Condensed Consolidated Balance Sheet

Deferred Revenue And Remaining

Deferred Revenue And Remaining Performance Obligations	3 Months Ended
	Apr. 02, 2021
Revenue Recognition and Deferred Revenue [Abstract]
DEFERRED REVENUE AND REMAINING PERFORMANCE OBLIGATIONS	DEFERRED REVENUE AND REMAINING PERFORMANCE OBLIGATIONS Deferred Revenue Changes to our deferred revenue during the first quarter of fiscal 2021 and 2020 were as follows: First Quarter of (In millions) 2021 2020 Beginning balance of the period $ 613.8 $ 541.9 Revenue recognized (247.3) (201.8) Net deferred revenue activity 252.4 211.4 Ending balance of the period $ 618.9 $ 551.5 Remaining Performance Obligations As of the end of the first quarter of fiscal 2021, approximately $1.5 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 recogni ze $1.1 billion or 74% of our remaining performance obligations as revenue during the next 12 months, and the remainder thereafter.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Apr. 02, 2021
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: First Quarter of 2021 2020 (In millions, except per share amounts) Numerator: Net income attributable to Trimble Inc. $ 114.5 $ 61.9 Denominator: Weighted average number of common shares used in basic earnings per share 251.1 249.9 Effect of dilutive securities 3.2 1.8 Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share 254.3 251.7 Basic earnings per share $ 0.46 $ 0.25 Diluted earnings per share $ 0.45 $ 0.25 For the first quarter of fiscal 2021 and 2020, 0.1 million and 0.5 million , respectively, of shares was excluded from the calculation of diluted earnings per share because their effect would have been antidilutive.

Income Taxes

Income Taxes	3 Months Ended
	Apr. 02, 2021
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES Our effective income tax rate for the first quarter of fiscal 2021 was 16.6%, as compared to 22.0% in the corresponding period in fiscal 2020. The decrease was primarily due to a one-time tax benefit from foreign income tax refunds and a change in the geographic mix of income. We and our subsidiaries are subject to U.S. federal, state, and foreign income taxes. Currently, we are in different stages of multiple year examinations by various state and foreign taxing authorities. While we believe our reserves are more likely than not to be adequate to cover final resolution of all open tax matters, it is reasonably possible that future obligations related to these matters could arise.

Commitment and Contingencies

Commitment and Contingencies	3 Months Ended
	Apr. 02, 2021
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	COMMITMENTS AND CONTINGENCIES Commitments As of the end of the first quarter of fiscal 2021, we had unconditional purchase obligations of approximately $286.4 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 in the ordinary course of our business. There are no material legal proceedings, other than ordinary routine litigation incidental to the business, that we or any of our subsidiaries is a party, or that any of our or our subsidiaries' property is subject.

Overview And Accounting Polic_2

Overview And Accounting Policies (Policies)	3 Months Ended
	Apr. 02, 2021
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates The preparation of financial statements in accordance with U.S. GAAP requires us to make estimates and assumptions that affect the amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. We base our estimates on historical experience and various other assumptions we believe to be reasonable. Actual results that we experience may differ materially from our estimates.
Recently Adopted Accounting Pronouncements/Recently Issued Account Pronouncements Not Yet Adopted	Recently Adopted Accounting Pronouncements Income Taxes - Simplifying the Accounting for Income Taxes In December 2019, the Financial Accounting Standards Board (FASB) issued amendments to the accounting for Income Taxes to reduce complexity by removing certain exceptions and implementing targeted simplifications. We adopted the new standard on a prospective basis at the beginning of fiscal year 2021. The adoption did not have a material impact on our Condensed Consolidated Financial Statements. Recently issued Accounting Pronouncements not yet adopted
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.
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.

Business Combinations (Tables)

Business Combinations (Tables)	3 Months Ended
	Apr. 02, 2021
Business Combinations [Abstract]
Schedule Of Intangible Assets	The following table presents a summary of our total intangible assets: As of First Quarter of Fiscal 2021 Fiscal Year End 2020 Gross Gross Carrying Accumulated Net Carrying Carrying Accumulated Net Carrying (In millions) Amount Amortization Amount Amount Amortization Amount Developed product technology $ 1,093.8 $ (813.1) $ 280.7 $ 1,118.2 $ (811.1) $ 307.1 Customer relationships 671.1 (419.1) 252.0 681.1 (419.3) 261.8 Trade names and trademarks 56.2 (51.2) 5.0 58.3 (51.9) 6.4 Distribution rights and other intellectual property 42.5 (37.2) 5.3 45.8 (41.0) 4.8 $ 1,863.6 $ (1,320.6) $ 543.0 $ 1,903.4 $ (1,323.3) $ 580.1
Schedule Of Estimated Future Amortization Expense	The estimated future amortization expense of purchased intangible assets as of the end of the first quarter of fiscal 2021 was as follows: (In millions) 2021 (Remaining) $ 104.1 2022 118.1 2023 105.6 2024 80.0 2025 45.8 Thereafter 89.4 Total $ 543.0
Changes In Carrying Amount Of Goodwill By Operating Segment	The changes in the carrying amount of goodwill by segment for the first quarter of fiscal 2021 were as follows: Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) Balance as of fiscal year end 2020 $ 1,997.4 $ 415.7 $ 453.8 $ 1,009.6 $ 3,876.5 Foreign currency translation and other adjustments (5.0) (6.9) (4.6) (12.0) (28.5) Balance as of the end of the first quarter of fiscal 2021 $ 1,992.4 $ 408.8 $ 449.2 $ 997.6 $ 3,848.0

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Apr. 02, 2021
Inventory, Net [Abstract]
Components Of Net Inventories	Inventories consisted of the following: First Quarter of Fiscal Year End As of 2021 2020 (In millions) Raw materials $ 90.3 $ 95.6 Work-in-process 12.6 16.0 Finished goods 195.8 190.1 Total inventories $ 298.7 $ 301.7

Segment Information (Tables)

Segment Information (Tables)	3 Months Ended
	Apr. 02, 2021
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) First Quarter of Fiscal 2021 Revenue $ 343.0 $ 181.7 $ 205.2 $ 156.6 $ 886.5 Acquired deferred revenue adjustment 0.1 — — 0.1 0.2 Segment revenue $ 343.1 $ 181.7 $ 205.2 $ 156.7 $ 886.7 Operating income $ 97.4 $ 48.7 $ 80.1 $ 8.4 $ 234.6 Acquired deferred revenue adjustment 0.1 — — 0.1 0.2 Amortization of acquired capitalized commissions (1.1) — — (0.1) (1.2) Segment operating income $ 96.4 $ 48.7 $ 80.1 $ 8.4 $ 233.6 Depreciation expense $ 1.8 $ 1.7 $ 1.5 $ 0.9 $ 5.9 First Quarter of Fiscal 2020 Revenue $ 296.8 $ 146.2 $ 179.0 $ 170.3 $ 792.3 Acquired deferred revenue adjustment 0.1 — 1.3 0.3 1.7 Segment revenue $ 296.9 $ 146.2 $ 180.3 $ 170.6 $ 794.0 Operating income $ 62.1 $ 30.5 $ 65.6 $ 16.7 $ 174.9 Acquired deferred revenue adjustment 0.1 — 1.3 0.3 1.7 Amortization of acquired capitalized commissions (1.4) — — (0.1) (1.5) Segment operating income $ 60.8 $ 30.5 $ 66.9 $ 16.9 $ 175.1 Depreciation expense $ 2.1 $ 1.4 $ 1.3 $ 1.1 $ 5.9 Reporting Segments Buildings and Infrastructure Geospatial Resources and Utilities Transportation Total (In millions) As of the end of the First Quarter of Fiscal 2021 Accounts receivable, net $ 202.4 $ 110.2 $ 120.5 $ 143.5 $ 576.6 Inventories 57.1 127.1 51.7 62.8 298.7 Goodwill 1,992.4 408.8 449.2 997.6 3,848.0 As of Fiscal Year End 2020 Accounts receivable, net $ 260.1 $ 117.5 $ 91.2 $ 151.7 $ 620.5 Inventories 59.1 120.1 49.0 73.5 301.7 Goodwill 1,997.4 415.7 453.8 1,009.6 3,876.5
Reconciliation Of Our Condensed Consolidated Segment Operating Income To Condensed Consolidated Income Before Income Taxes	A reconciliation of our condensed consolidated segment operating income to condensed consolidated income before income taxes was as follows: First Quarter of 2021 2020 (In millions) Consolidated segment operating income $ 233.6 $ 175.1 Unallocated general corporate expenses (24.4) (13.9) Acquired deferred revenue adjustment (0.2) (1.7) Amortization of acquired capitalized commissions 1.2 1.5 Amortization of purchased intangible assets (35.8) (40.4) Acquisition / divestiture items (3.5) (10.8) Stock-based compensation / deferred compensation (28.7) (4.5) Restructuring and other exit costs (1.5) (3.2) COVID-19 expenses 0.2 (3.8) Consolidated operating income 140.9 98.3 Total non-operating expense, net (3.5) (18.9) Consolidated income before taxes $ 137.4 $ 79.4
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) First Quarter of Fiscal 2021 North America $ 199.8 $ 72.5 $ 53.6 $ 124.5 $ 450.4 Europe 94.3 60.4 105.8 19.7 280.2 Asia Pacific 43.6 37.5 21.0 7.7 109.8 Rest of World 5.4 11.3 24.8 4.8 46.3 Total segment revenue $ 343.1 $ 181.7 $ 205.2 $ 156.7 $ 886.7 First Quarter of Fiscal 2020 North America $ 172.1 $ 56.8 $ 53.7 $ 131.8 $ 414.4 Europe 81.6 50.7 90.4 19.1 241.8 Asia Pacific 37.1 28.7 17.5 10.5 93.8 Rest of World 6.1 10.0 18.7 9.2 44.0 Total segment revenue $ 296.9 $ 146.2 $ 180.3 $ 170.6 $ 794.0

Debt (Tables)

Debt (Tables)	3 Months Ended
	Apr. 02, 2021
Debt Disclosure [Abstract]
Schedule Of Debt	Debt consisted of the following: As of First Quarter of Fiscal Year End Instrument Date of Issuance 2021 2020 (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: Uncommitted facilities, floating rate 1.14% 97.5 255.8 Promissory notes and other debt 0.1 0.1 Unamortized discount and issuance costs (8.2) (8.7) Total debt 1,389.4 1,547.2 Less: Short-term debt 97.5 255.8 Long-term debt $ 1,291.9 $ 1,291.4
Schedule of Maturities of Long-term Debt	At the end of the first quarter of fiscal 2021, our debt maturities based on outstanding principal were as follows (in millions): Year Payable 2021 (Remaining) $ 97.5 2022 — 2023 300.1 2024 400.0 2025 — Thereafter 600.0 Total $ 1,397.6

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Apr. 02, 2021
Fair Value Disclosures [Abstract]
Assets And Liabilities Measured At Fair Value On A Recurring Basis	Fair Values as of the end of the First Quarter of Fiscal 2021 Fair Values at the end of Fiscal 2020 Quoted prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Quoted prices in Active Markets for Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs (In millions) (Level I) (Level II) (Level III) Total (Level I) (Level II) (Level III) Total Assets Deferred compensation plan (1) $ 42.7 $ — $ — $ 42.7 $ 41.9 $ — $ — $ 41.9 Derivatives (2) — 0.2 — 0.2 — 0.9 — 0.9 Total assets measured at fair value $ 42.7 $ 0.2 $ — $ 42.9 $ 41.9 $ 0.9 $ — $ 42.8 Liabilities Deferred compensation plan (1) $ 42.7 $ — $ — $ 42.7 $ 41.9 $ — $ — $ 41.9 Derivatives (2) — 0.3 — 0.3 — 0.5 — 0.5 Contingent consideration (3) — — 13.6 13.6 — — 12.3 12.3 Total liabilities measured at fair value $ 42.7 $ 0.3 $ 13.6 $ 56.6 $ 41.9 $ 0.5 $ 12.3 $ 54.7 (1) Represents a self-directed, non-qualified deferred compensation plan for certain executives and other highly compensated employees that are included in Other non-current assets and Other non-current liabilities on our Condensed Consolidated Balance Sheets, respectively. The plan is invested in actively traded mutual funds and individual stocks valued using observable quoted prices in active markets. (2) Represents forward currency exchange contracts that are included in Other current assets and Other current liabilities on our Condensed Consolidated Balance Sheets, respectively. (3) Represents arrangements to pay the former owners of certain companies that we acquired that are included in Other current liabilities on our Condensed Consolidated Balance Sheets. The fair values are estimated using scenario-based methods or option pricing methods based upon estimated future revenues, gross margins, or other milestones.

Deferred Revenue And Remainin_2

Deferred Revenue And Remaining Performance Obligations (Tables)	3 Months Ended
	Apr. 02, 2021
Revenue Recognition and Deferred Revenue [Abstract]
Deferred Revenue And Performance Obligations	Changes to our deferred revenue during the first quarter of fiscal 2021 and 2020 were as follows: First Quarter of (In millions) 2021 2020 Beginning balance of the period $ 613.8 $ 541.9 Revenue recognized (247.3) (201.8) Net deferred revenue activity 252.4 211.4 Ending balance of the period $ 618.9 $ 551.5

Earnings Per Share (Tables)

Earnings Per Share (Tables)	3 Months Ended
	Apr. 02, 2021
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: First Quarter of 2021 2020 (In millions, except per share amounts) Numerator: Net income attributable to Trimble Inc. $ 114.5 $ 61.9 Denominator: Weighted average number of common shares used in basic earnings per share 251.1 249.9 Effect of dilutive securities 3.2 1.8 Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share 254.3 251.7 Basic earnings per share $ 0.46 $ 0.25 Diluted earnings per share $ 0.45 $ 0.25

Stockholders' Equity (Narrative

Stockholders' Equity (Narrative) (Detail) - USD ($) $ / shares in Units, shares in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020	Nov. 30, 2017
Equity, Class of Stock [Line Items]
Stock repurchases	$ 40,000,000	$ 50,000,000
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]
Remaining amount authorized	$ 50,700,000
Stock repurchased (in shares)	0.6
Shares repurchased (in dollars per share)	$ 71.24
Stock repurchases	$ 40,000,000

Business Combinations (Schedule

Business Combinations (Schedule Of Intangible Assets) (Detail) - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 1,863.6	$ 1,903.4
Accumulated amortization	(1,320.6)	(1,323.3)
Total	543	580.1
Developed product technology
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	1,093.8	1,118.2
Accumulated amortization	(813.1)	(811.1)
Total	280.7	307.1
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	671.1	681.1
Accumulated amortization	(419.1)	(419.3)
Total	252	261.8
Trade names and trademarks
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	56.2	58.3
Accumulated amortization	(51.2)	(51.9)
Total	5	6.4
Distribution rights and other intellectual property
Acquired Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	42.5	45.8
Accumulated amortization	(37.2)	(41)
Total	$ 5.3	$ 4.8

Business Combinations (Schedu_2

Business Combinations (Schedule Of Estimated Future Amortization Expense) (Detail) - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Business Combinations [Abstract]
2021 (Remaining)	$ 104.1
2022	118.1
2023	105.6
2024	80
2025	45.8
Thereafter	89.4
Total	$ 543	$ 580.1

Business Combinations (Changes

Business Combinations (Changes In Carrying Amount Of Goodwill By Operating Segment) (Detail) $ in Millions	3 Months Ended
	Apr. 02, 2021USD ($)
Goodwill [Roll Forward]
Balance as of fiscal year end 2020	$ 3,876.5
Foreign currency translation and other adjustments	(28.5)
Balance as of the end of the first quarter of fiscal 2021	3,848
Buildings and Infrastructure
Goodwill [Roll Forward]
Balance as of fiscal year end 2020	1,997.4
Foreign currency translation and other adjustments	(5)
Balance as of the end of the first quarter of fiscal 2021	1,992.4
Geospatial
Goodwill [Roll Forward]
Balance as of fiscal year end 2020	415.7
Foreign currency translation and other adjustments	(6.9)
Balance as of the end of the first quarter of fiscal 2021	408.8
Resources and Utilities
Goodwill [Roll Forward]
Balance as of fiscal year end 2020	453.8
Foreign currency translation and other adjustments	(4.6)
Balance as of the end of the first quarter of fiscal 2021	449.2
Transportation
Goodwill [Roll Forward]
Balance as of fiscal year end 2020	1,009.6
Foreign currency translation and other adjustments	(12)
Balance as of the end of the first quarter of fiscal 2021	$ 997.6

Inventories - Components Of Net

Inventories - Components Of Net Inventories (Details) - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Inventory, Net [Abstract]
Raw materials	$ 90.3	$ 95.6
Work-in-process	12.6	16
Finished goods	195.8	190.1
Total inventories	$ 298.7	$ 301.7

Segment Information (Schedule O

Segment Information (Schedule Of Revenue, Operating Income And Identifiable Assets By Segment) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020
Segment Reporting Information [Line Items]
Revenue	$ 886.5	$ 792.3
Acquired deferred revenue adjustment	0.2	1.7
Segment revenue	886.7	794
Amortization of acquired capitalized commissions	(1.2)	(1.5)
Consolidated segment operating income	140.9	98.3
Depreciation expense	10.3	9.8
Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	234.6	174.9
Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	233.6	175.1
Depreciation expense	5.9	5.9
Buildings and Infrastructure
Segment Reporting Information [Line Items]
Revenue	343	296.8
Acquired deferred revenue adjustment	0.1	0.1
Segment revenue	343.1	296.9
Amortization of acquired capitalized commissions	(1.1)	(1.4)
Buildings and Infrastructure | Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	97.4	62.1
Buildings and Infrastructure | Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	96.4	60.8
Depreciation expense	1.8	2.1
Geospatial
Segment Reporting Information [Line Items]
Revenue	181.7	146.2
Acquired deferred revenue adjustment	0	0
Segment revenue	181.7	146.2
Amortization of acquired capitalized commissions	0	0
Geospatial | Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	48.7	30.5
Geospatial | Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	48.7	30.5
Depreciation expense	1.7	1.4
Resources and Utilities
Segment Reporting Information [Line Items]
Revenue	205.2	179
Acquired deferred revenue adjustment	0	1.3
Segment revenue	205.2	180.3
Amortization of acquired capitalized commissions	0	0
Resources and Utilities | Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	80.1	65.6
Resources and Utilities | Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	80.1	66.9
Depreciation expense	1.5	1.3
Transportation
Segment Reporting Information [Line Items]
Revenue	156.6	170.3
Acquired deferred revenue adjustment	0.1	0.3
Segment revenue	156.7	170.6
Amortization of acquired capitalized commissions	(0.1)	(0.1)
Transportation | Segment Reconciling
Segment Reporting Information [Line Items]
Consolidated segment operating income	8.4	16.7
Transportation | Operating segment
Segment Reporting Information [Line Items]
Consolidated segment operating income	8.4	16.9
Depreciation expense	$ 0.9	$ 1.1

Reporting Segment And Geographi

Reporting Segment And Geographic Information (Reconciliation Of Our Condensed Consolidated Segment Operating Income To Condensed Consolidated Income Before Income Taxes) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Consolidated operating income	$ 140.9	$ 98.3
Unallocated corporate expenses	(352.4)	(342.7)
Acquired deferred revenue adjustment	(0.2)	(1.7)
Amortization of acquired capitalized commissions	1.2	1.5
Amortization of purchased intangible assets	(35.8)	(40.4)
Acquisition / divestiture items	(3.5)	(10.8)
Stock-based compensation / deferred compensation	(28.7)	(4.5)
Restructuring and other exit costs	(1.5)	(3.2)
COVID-19 expenses	0.2	(3.8)
Total non-operating expense, net	(3.5)	(18.9)
Income before taxes	137.4	79.4
Operating segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Consolidated operating income	233.6	175.1
Non-Segment
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Unallocated corporate expenses	$ (24.4)	$ (13.9)

Segment Information (Segment Se

Segment Information (Segment Select Balance Sheet) (Details) - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Segment Reporting Information [Line Items]
Accounts receivable, net	$ 576.6	$ 620.5
Inventories	298.7	301.7
Goodwill	3,848	3,876.5
Buildings and Infrastructure
Segment Reporting Information [Line Items]
Accounts receivable, net	202.4	260.1
Inventories	57.1	59.1
Goodwill	1,992.4	1,997.4
Geospatial
Segment Reporting Information [Line Items]
Accounts receivable, net	110.2	117.5
Inventories	127.1	120.1
Goodwill	408.8	415.7
Resources and Utilities
Segment Reporting Information [Line Items]
Accounts receivable, net	120.5	91.2
Inventories	51.7	49
Goodwill	449.2	453.8
Transportation
Segment Reporting Information [Line Items]
Accounts receivable, net	143.5	151.7
Inventories	62.8	73.5
Goodwill	$ 997.6	$ 1,009.6

Segment Information (Segment Re

Segment Information (Segment Revenue by Geographic Areas) (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020
Segment Reporting Information [Line Items]
Revenue	$ 886.7	$ 794
North America
Segment Reporting Information [Line Items]
Revenue	450.4	414.4
Europe
Segment Reporting Information [Line Items]
Revenue	280.2	241.8
Asia Pacific
Segment Reporting Information [Line Items]
Revenue	109.8	93.8
Rest of World
Segment Reporting Information [Line Items]
Revenue	46.3	44
United States
Segment Reporting Information [Line Items]
Revenue	406.8	378.8
Buildings and Infrastructure
Segment Reporting Information [Line Items]
Revenue	343.1	296.9
Buildings and Infrastructure | North America
Segment Reporting Information [Line Items]
Revenue	199.8	172.1
Buildings and Infrastructure | Europe
Segment Reporting Information [Line Items]
Revenue	94.3	81.6
Buildings and Infrastructure | Asia Pacific
Segment Reporting Information [Line Items]
Revenue	43.6	37.1
Buildings and Infrastructure | Rest of World
Segment Reporting Information [Line Items]
Revenue	5.4	6.1
Geospatial
Segment Reporting Information [Line Items]
Revenue	181.7	146.2
Geospatial | North America
Segment Reporting Information [Line Items]
Revenue	72.5	56.8
Geospatial | Europe
Segment Reporting Information [Line Items]
Revenue	60.4	50.7
Geospatial | Asia Pacific
Segment Reporting Information [Line Items]
Revenue	37.5	28.7
Geospatial | Rest of World
Segment Reporting Information [Line Items]
Revenue	11.3	10
Resources and Utilities
Segment Reporting Information [Line Items]
Revenue	205.2	180.3
Resources and Utilities | North America
Segment Reporting Information [Line Items]
Revenue	53.6	53.7
Resources and Utilities | Europe
Segment Reporting Information [Line Items]
Revenue	105.8	90.4
Resources and Utilities | Asia Pacific
Segment Reporting Information [Line Items]
Revenue	21	17.5
Resources and Utilities | Rest of World
Segment Reporting Information [Line Items]
Revenue	24.8	18.7
Transportation
Segment Reporting Information [Line Items]
Revenue	156.7	170.6
Transportation | North America
Segment Reporting Information [Line Items]
Revenue	124.5	131.8
Transportation | Europe
Segment Reporting Information [Line Items]
Revenue	19.7	19.1
Transportation | Asia Pacific
Segment Reporting Information [Line Items]
Revenue	7.7	10.5
Transportation | Rest of World
Segment Reporting Information [Line Items]
Revenue	$ 4.8	$ 9.2

Debt (Schedule Of Debt) (Detail

Debt (Schedule Of Debt) (Details) - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Debt Instrument [Line Items]
Effective interest rate	4.95%
Unamortized discount and issuance costs	$ (8.2)	$ (8.7)
Total	1,389.4	1,547.2
Less: Short-term debt	97.5	255.8
Long-term debt	$ 1,291.9	1,291.4
Uncommitted Facilities, floating rate
Debt Instrument [Line Items]
Effective interest rate	1.14%
Uncommitted facilities, floating rate	$ 97.5	255.8
Promissory notes and other debt
Debt Instrument [Line Items]
Uncommitted facilities, floating rate		0.1
Promissory notes and other debt
Debt Instrument [Line Items]
Debt, gross	$ 0.1
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%

Debt (Schedule of Debt Maturiti

Debt (Schedule of Debt Maturities) (Details) $ in Millions	Apr. 02, 2021USD ($)
Debt Disclosure [Abstract]
2021 (Remaining)	$ 97.5
2022	0
2023	300.1
2024	400
2025	0
Thereafter	600
Total	$ 1,397.6

Debt (Narrative) (Details)

Debt (Narrative) (Details) € in Millions, £ in Millions, $ in Millions	Apr. 02, 2021USD ($)loan	Apr. 02, 2021EUR (€)loan	Apr. 02, 2021GBP (£)loan
Revolving Credit Facility, due May 2023 | 2018 Credit Facility | Unsecured Debt
Debt Instrument [Line Items]
Current borrowing capacity | $	$ 1,250
Additional Loan Facility | 2018 Credit Facility | Unsecured Debt
Debt Instrument [Line Items]
Current borrowing capacity | $	500
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
Uncommitted Revolving Credit Facilities 55 million GBP
Debt Instrument [Line Items]
Current borrowing capacity | £			£ 55
Number of revolving loan facilities | loan	1	1	1

Fair Value Measurements (Assets

Fair Value Measurements (Assets And Liabilities Measured At Fair Value On Recurring Basis) (Detail) - Recurring - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	$ 42.7	$ 41.9
Derivatives assets	0.2	0.9
Total assets measured at fair value	42.9	42.8
Deferred compensation plan liabilities	42.7	41.9
Derivatives liabilities	0.3	0.5
Contingent consideration liabilities	13.6	12.3
Total liabilities measured at fair value	56.6	54.7
(Level I)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	42.7	41.9
Derivatives assets	0	0
Total assets measured at fair value	42.7	41.9
Deferred compensation plan liabilities	42.7	41.9
Derivatives liabilities	0	0
Contingent consideration liabilities	0	0
Total liabilities measured at fair value	42.7	41.9
(Level II)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Deferred compensation plan assets	0	0
Derivatives assets	0.2	0.9
Total assets measured at fair value	0.2	0.9
Deferred compensation plan liabilities	0	0
Derivatives liabilities	0.3	0.5
Contingent consideration liabilities	0	0
Total liabilities measured at fair value	0.3	0.5
(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	13.6	12.3
Total liabilities measured at fair value	$ 13.6	$ 12.3

Fair Value Measurements (Additi

Fair Value Measurements (Additional Information) (Detail) - USD ($) $ in Millions	Apr. 02, 2021	Jan. 01, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt outstanding	$ 1,291.9	$ 1,291.4
Debt | Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt outstanding	$ 1,500	$ 1,800

Deferred Costs To Obtain Cust_2

Deferred Costs To Obtain Customer Contracts - Narratives (Details) - USD ($)	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020	Jan. 01, 2021
Capitalized Contract Cost [Line Items]
Deferred costs to obtain customer contracts	$ 52,800,000		$ 51,300,000
Deferred commission
Capitalized Contract Cost [Line Items]
Impairment loss related to deferred commissions	0	$ 0
Sales and marketing expense
Capitalized Contract Cost [Line Items]
Amortization expense related to deferred costs to obtain customer contracts	$ 6,100,000	$ 5,500,000

Product Warranties (Narrative)

Product Warranties (Narrative) (Detail) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2021	Jan. 01, 2021
Other current liabilities
Product Warranty Liability [Line Items]
Accrued warranty expenses	$ 15	$ 13.8
Minimum
Product Warranty Liability [Line Items]
Warrant period	1 year
Maximum
Product Warranty Liability [Line Items]
Warrant period	2 years

Deferred Revenue And Remainin_3

Deferred Revenue And Remaining Performance Obligations - Roll Forward (Details) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020
Contract With Customer, Asset And Liability [Roll Forward]
Beginning balance of the period	$ 613.8	$ 541.9
Revenue recognized	(247.3)	(201.8)
Net deferred revenue activity	252.4	211.4
Ending balance of the period	$ 618.9	$ 551.5

Deferred Revenue And Performanc

Deferred Revenue And Performance Obligations - Narratives (Details) $ in Billions	Apr. 02, 2021USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 1.5
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-04-03
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 1.1
Remaining performance obligation, percentage	74.00%
Period of recognition	12 months

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Computation Of Earnings Per Share And Effect On Weighted-Average Number Of Shares) (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020
Numerator:
Net income attributable to Trimble Inc.	$ 114.5	$ 61.9
Denominator:
Weighted average number of common shares used in basic earnings per share (in shares)	251.1	249.9
Effect of dilutive securities (in shares)	3.2	1.8
Weighted average number of common shares and dilutive potential common shares used in diluted earnings per share (in shares)	254.3	251.7
Basic earnings per share (in dollars per share)	$ 0.46	$ 0.25
Diluted (in dollars per share)	$ 0.45	$ 0.25
Antidilutive shares (in shares)	0.1	0.5

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Detail) - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2021	Apr. 03, 2020	Jan. 01, 2021
Income Tax Contingency [Line Items]
Effective income tax rate	16.60%	22.00%
Other noncurrent liabilities
Income Tax Contingency [Line Items]
Unrecognized tax benefits that would impact effective tax rate	$ 48.3		$ 47.8
Unrecognized tax benefit liabilities include interest and penalties	$ 10.6		$ 9.6

Commitments and Contingencies (

Commitments and Contingencies (Narrative) (Details) $ in Millions	Apr. 02, 2021USD ($)
Commitments and Contingencies Disclosure [Abstract]
Unconditional purchase obligations	$ 286.4