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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 03, 2021
Jan. 03, 2021
Current Assets    
Cash and cash equivalents $ 551.8 $ 673.1
Accounts receivable, net 759.6 402.0
Unbilled receivables, net 271.7 222.1
Inventories, net 833.2 347.3
Prepaid expenses and other current assets 118.6 78.1
Total current assets 2,534.9 1,722.6
Property, plant and equipment, net of accumulated depreciation and amortization of $749.0 at October 3, 2021 and $673.4 at January 3, 2021 858.1 489.3
Goodwill 7,899.5 2,150.0
Acquired intangibles, net 2,705.2 409.7
Prepaid pension assets 87.0 67.9
Operating lease right-of-use assets 137.7 123.4
Other assets, net 225.1 121.9
Total Assets 14,447.5 5,084.8
Current Liabilities    
Accounts payable 427.6 229.1
Accrued liabilities 994.2 434.2
Current portion of long-term debt and other debt 0.0 97.6
Total current liabilities 1,421.8 760.9
Long-term debt, net of current portion 4,441.7 680.9
Long-term operating lease liabilities 130.1 116.5
Long-term deferred tax liabilities 641.9 39.0
Other long-term liabilities 395.4 258.9
Total Liabilities 7,030.9 1,856.2
Commitments and contingencies
Stockholders’ Equity    
Preferred stock, $0.01 par value; outstanding shares - none 0.0 0.0
Common stock, $0.01 par value; authorized 125,000,000 shares; issued shares: 47,194,766 at October 3, 2021 and 37,697,865 at January 3, 2021; outstanding shares: 46,653,888 at October 3, 2021 and 36,951,607 at January 3, 2021 0.5 0.4
Additional paid-in capital 4,307.5 389.9
Retained earnings 3,611.4 3,327.9
Treasury stock, 540,878 shares at October 3, 2021 and 746,258 shares at January 3, 2021 (42.0) (59.5)
Accumulated other comprehensive loss (460.8) (430.1)
Total Stockholders’ Equity 7,416.6 3,228.6
Total Liabilities and Stockholders’ Equity $ 14,447.5 $ 5,084.8