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Subsequent Events
3 Months Ended
Apr. 01, 2017
Subsequent Events [Abstract]  
Subsequent Events
SUBSEQUENT EVENTS

On April 6, 2017, we announced the completed divestment of our India API business to Strides Shasun Limited. Total cash received was $22.2 million. The sale is not expected to have a material impact on our operations nor will the transaction result in a significant gain or loss when recorded in the second quarter of 2017.

On April 7, 2017, we issued a notice of redemption to redeem all of the $600.0 million in aggregate principal amount of the outstanding 2018 Notes. On May 8, 2017, using proceeds from the sale of the Tysabri® royalty stream, we redeemed all of the 2018 Notes.

On May 23, 2017, we repaid the €180.0 million ($196.0 million) 4.500% retail bonds with cash from operations.