XML 37 R44.htm IDEA: XBRL DOCUMENT v3.3.0.814
Indebtedness (Debt arrangements) (details)
€ in Millions, $ in Millions
3 Months Ended
Apr. 08, 2015
USD ($)
Apr. 08, 2015
EUR (€)
Mar. 30, 2015
USD ($)
Mar. 30, 2015
EUR (€)
Dec. 05, 2014
USD ($)
Dec. 02, 2014
USD ($)
Sep. 26, 2015
USD ($)
Sep. 27, 2014
Jun. 27, 2015
USD ($)
Mar. 30, 2015
EUR (€)
Dec. 05, 2014
EUR (€)
Nov. 08, 2013
USD ($)
Debt Instrument [Line Items]                        
Debt Instrument, Issuance Date         Dec. 05, 2014              
Short-term debt             $ 86.9   $ 6.4      
Senior Notes             $ 4,722.7   4,720.9     $ 2,300.0
Obligated repurchase par amount of public senior notes             101.00%          
Other Long-term Debt             $ 6.3   6.6      
Debt Instrument, Unamortized Discount (Premium), Net             (80.4)   (87.5)      
Deferred financing fee             39.0   40.5      
Debt, Long-term and Short-term, Combined Amount             5,375.0   5,311.4      
Debt, Short Term and Current Portion of Long Term             145.1   64.6      
Long-term debt, less current portion             5,229.9   5,246.9      
Line of Credit Facility, Maximum Borrowing Capacity | €                     € 1,000.0  
Line of Credit Facility, Fair Value of Amount Outstanding             $ 0.0          
Term Loans [Member]                        
Debt Instrument [Line Items]                        
Change in control, Ownership percentage             35.00%          
Public [Member]                        
Debt Instrument [Line Items]                        
Senior Notes                 3,900.0      
2014 Euro-Denominated Term Loan due December 5, 2019 [Member]                        
Debt Instrument [Line Items]                        
Term loans             $ 517.7 [1]   530.5      
Debt Instrument, Maturity Date             Dec. 05, 2019 Dec. 05, 2019        
1.30% Unsecured Senior Notes due November 8, 2016 [Member]                        
Debt Instrument [Line Items]                        
Senior Notes             $ 500.0 [2]   500.0      
Debt Instrument, Face Amount                       500.0
4.500% Unsecured Senior Notes due May 23, 2017 [Domain]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage             4.50%          
Senior Notes             $ 201.5 [1],[3]   201.0      
Debt Instrument, Maturity Date             May 23, 2017          
5.125% Unsecured Senior Notes due December 12, 2017 [Domain]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage             5.125%          
Senior Notes             $ 335.8 [1],[3]   335.0      
Debt Instrument, Maturity Date             Dec. 12, 2017          
2.30% Unsecured Senior notes November 8, 2018 [Member]                        
Debt Instrument [Line Items]                        
Senior Notes             $ 600.0 [2]   600.0      
Debt Instrument, Face Amount                       600.0
5.000% Unsecured Senior notes due May 23, 2019 [Domain]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage             5.00%          
Senior Notes             $ 134.3 [1],[3]   134.1      
Debt Instrument, Maturity Date             May 23, 2019          
3.5% Senior note due 2021 [Member]                        
Debt Instrument [Line Items]                        
Senior Notes             $ 500.0 [4]   500.0      
5.105% Senior note due July 19, 2023 [Domain]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage             5.105%          
Senior Notes             $ 151.1 [1],[3]   150.8      
Debt Instrument, Maturity Date             Jul. 19, 2023          
4.00% Unsecured Senior Notes due November 15, 2023 [Member]                        
Debt Instrument [Line Items]                        
Senior Notes             $ 800.0 [2]   800.0      
Debt Instrument, Face Amount                       800.0
3.9% senior note due 2024 [Member]                        
Debt Instrument [Line Items]                        
Senior Notes             700.0 [4]   700.0      
5.30% Unsecured Senior Notes due November 15, 2043 [Member]                        
Debt Instrument [Line Items]                        
Senior Notes             400.0 [2]   400.0      
Debt Instrument, Face Amount                       $ 400.0
4.9% Senior Loan due 2044 [Member]                        
Debt Instrument [Line Items]                        
Senior Notes             $ 400.0 [4]   $ 400.0      
Revolving Credit Facility [Member]                        
Debt Instrument [Line Items]                        
Change in control, Ownership percentage             3500000000.00%          
5.30% Unsecured Senior Notes due November 15, 2043 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage             5.30%   5.30%      
Debt Instrument, Maturity Date             Nov. 15, 2043 Nov. 15, 2043        
4.00% Unsecured Senior Notes due November 15, 2023 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage             4.00%   4.00%      
Debt Instrument, Maturity Date             Nov. 15, 2023 Nov. 15, 2023        
2.30% Unsecured Senior notes November 8, 2018 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage             2.30%   2.30%      
Debt Instrument, Maturity Date             Nov. 08, 2018 Nov. 08, 2018        
1.30% Unsecured Senior Notes due November 8, 2016 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage             1.30%   1.30%      
Debt Instrument, Maturity Date             Nov. 08, 2016 Nov. 08, 2016        
4.9% Senior Loan due 2044 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage           4.90% 4.90%          
Debt Instrument, Face Amount           $ 400.0            
Debt Instrument, Maturity Date             Dec. 15, 2044          
3.9% senior note due 2024 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage           3.90% 3.90%          
Debt Instrument, Face Amount           $ 700.0            
Debt Instrument, Maturity Date             Dec. 15, 2024          
2014 term loan die December 18, 2015 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Face Amount         $ 300.0              
3.5% Senior note due 2021 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Issuance Date           Dec. 02, 2014            
Debt Instrument, Interest Rate, Stated Percentage           3.50% 3.50%          
Debt Instrument, Face Amount           $ 500.0            
Debt Instrument, Maturity Date             Dec. 15, 2021          
2014 bonds [Member]                        
Debt Instrument [Line Items]                        
Senior Notes                 $ 1,600.0      
2014 Euro-Denominated Term Loan due December 5, 2019 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Face Amount | €                     614.3  
2014 Euro-Denominated Term Loan due December 5, 2019 additional draw [Domain]                        
Debt Instrument [Line Items]                        
Debt Instrument, Face Amount | €                     368.6  
Revolving Credit Facility [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Face Amount         $ 600.0              
Euro Member Countries, Euro | 2014 Euro-Denominated Term Loan due December 5, 2019 [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Face Amount | €                     500.0  
Euro Member Countries, Euro | 2014 Euro-Denominated Term Loan due December 5, 2019 additional draw [Domain]                        
Debt Instrument [Line Items]                        
Debt Instrument, Face Amount | €                     € 300.0  
Omega                        
Debt Instrument [Line Items]                        
Amount debt exceeded par value     $ 101.9                  
Omega | Euro Member Countries, Euro                        
Debt Instrument [Line Items]                        
Amount debt exceeded par value | €       € 93.6                
Perrigo Co PLC [Member]                        
Debt Instrument [Line Items]                        
Long-term debt, less current portion             $ 5,229.9   $ 5,246.8      
Omega                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt     $ 1,471.0                  
Debt Instrument, Maturity Date     Jan. 01, 2016 Jan. 01, 2016                
Extinguishment of Debt, Amount $ 539.1                      
Omega | 5.125% Retail Bond [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage     5.125%             5.125%    
Debt Instrument, Maturity Date     Jan. 01, 2017 Jan. 01, 2017                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt     $ 326.7                  
Omega | Credit facility indebtedness [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt     544.5                  
Omega | Over Draft [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt     $ 56.0                  
Omega | 6.19% Senior Note [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage     6.19%             6.19%    
Omega | 5.1045% Senior Note [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage     5.1045%             5.1045%    
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt     $ 147.0                  
Debt Instrument, Maturity Date     Jan. 01, 2023 Jan. 01, 2023                
Omega | 4.5% Retail Bond [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage     4.50%             4.50%    
Debt Instrument, Maturity Date     Jan. 01, 2017 Jan. 01, 2017                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt     $ 196.0                  
Omega | 5.0% Retail Bond [Member]                        
Debt Instrument [Line Items]                        
Debt Instrument, Interest Rate, Stated Percentage     5.00%             5.00%    
Debt Instrument, Maturity Date     Jan. 01, 2019 Jan. 01, 2019                
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt     $ 130.7                  
Omega | Euro Member Countries, Euro                        
Debt Instrument [Line Items]                        
Extinguishment of Debt, Amount | €   € 500.0                    
Omega | Euro Member Countries, Euro | 5.125% Retail Bond [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt | €                   € 300.0    
Omega | Euro Member Countries, Euro | Credit facility indebtedness [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt | €                   500.0    
Omega | Euro Member Countries, Euro | Over Draft [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt | €                   51.4    
Omega | Euro Member Countries, Euro | 5.1045% Senior Note [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Noncurrent Liabilities, Long-term Debt | €                   135.0    
Omega | Euro Member Countries, Euro | 4.5% Retail Bond [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt | €                   180.0    
Omega | Euro Member Countries, Euro | 5.0% Retail Bond [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt | €                   € 120.0    
Omega | Omega | 6.19% Senior Note [Member]                        
Debt Instrument [Line Items]                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt     $ 20.0                  
[1] Debt denominated in euros subject to fluctuations in the euro-to-U.S. dollar exchange rate.
[2] (3) Discussed below collectively as the "2013 Bonds."
[3] (2) Debt assumed from Omega.
[4] (1) Public bonds issued on December 2, 2014, discussed below collectively as the "2014 Bonds."