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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 02, 2022
Jan. 03, 2021
Current Assets    
Cash and cash equivalents $ 474.7 $ 673.1
Accounts receivable, net 767.7 402.0
Unbilled receivables, net 316.1 222.1
Inventories, net 752.9 347.3
Prepaid expenses and other current assets 118.0 78.1
Total Current Assets 2,429.4 1,722.6
Property, plant and equipment, net 827.5 489.3
Goodwill 7,986.7 2,150.0
Acquired intangible assets, net 2,741.6 409.7
Prepaid pension assets 123.7 67.9
Other assets, net 321.4 245.3
Total Assets 14,430.3 5,084.8
Current Liabilities    
Accounts payable 469.5 229.1
Accrued liabilities 1,028.9 434.2
Current portion of long-term debt and other debt 0.0 97.6
Total Current Liabilities 1,498.4 760.9
Long-term debt 4,099.4 680.9
Long-term deferred tax liabilities 625.5 39.0
Other long-term liabilities 585.0 375.4
Total Liabilities 6,808.3 1,856.2
Commitments and Contingencies
Stockholders’ Equity    
Preferred stock, $0.01 par value; authorized 15,000,000 shares; outstanding shares-none 0.0 0.0
Common stock, $0.01 par value; authorized 125,000,000 shares; Issued shares: 47,194,766 at January 2, 2022, and 37,697,865 at January 3, 2021; outstanding shares: 46,692,296 at January 2, 2022, and 36,951,607 at January 3, 2021 0.5 0.4
Additional paid-in capital 4,317.1 389.9
Retained earnings 3,773.2 3,327.9
Treasury stock, 502,470 at January 2, 2022 and 746,258 at January 3, 2021 (38.8) (59.5)
Accumulated other comprehensive loss (430.0) (430.1)
Total Stockholders’ Equity 7,622.0 3,228.6
Total Liabilities and Stockholders’ Equity $ 14,430.3 $ 5,084.8