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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2023
Jan. 01, 2023
Current Assets    
Cash and cash equivalents $ 648.3 $ 638.1
Accounts receivable, net 899.7 883.7
Unbilled receivables, net 302.4 274.7
Inventories, net 917.7 890.7
Prepaid expenses and other current assets 213.3 130.7
Total Current Assets 2,981.4 2,817.9
Property, plant and equipment, net 777.0 769.8
Goodwill 8,002.8 7,873.0
Acquired intangible assets, net 2,278.1 2,440.6
Prepaid pension assets 203.3 178.4
Other assets, net 285.3 274.3
Total Assets 14,527.9 14,354.0
Current Liabilities    
Accounts payable 384.7 505.7
Accrued liabilities 781.3 717.6
Current portion of long-term debt and other debt 600.1 300.1
Total Current Liabilities 1,766.1 1,523.4
Long-term debt 2,644.8 3,620.5
Long-term deferred tax liabilities 415.4 490.0
Other long-term liabilities 475.8 547.2
Total Liabilities 5,302.1 6,181.1
Commitments and Contingencies
Redeemable Noncontrolling Interest 4.6 3.7
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: 47,331,845 at December 31, 2023, and 47,194,766 at January 1, 2023; outstanding shares: 47,331,845 at December 31, 2023, and 46,912,635 at January 1, 2023 0.5 0.5
Additional paid-in capital 4,407.3 4,353.4
Retained earnings 5,447.5 4,561.8
Treasury stock, — at December 31, 2023 and 282,131 at January 1, 2023 0.0 (20.0)
Accumulated other comprehensive income (loss) (634.1) (726.5)
Total Stockholders’ Equity 9,221.2 8,169.2
Total Liabilities and Stockholders’ Equity $ 14,527.9 $ 14,354.0