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Condensed Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Jul. 03, 2021
Dec. 31, 2020
Assets    
Cash and cash equivalents $ 317.5 $ 631.5
Accounts receivable, net of allowance for credit losses of $7.7 and $6.5, respectively 620.2 593.5
Inventories 1,115.9 1,059.4
Prepaid expenses and other current assets 277.3 182.2
Current assets held for sale 2,089.3 666.9
Total current assets 4,420.2 3,133.5
Property, plant and equipment, net 833.8 864.6
Operating lease assets 171.3 154.7
Goodwill and indefinite-lived intangible assets 3,063.1 3,102.7
Definite-lived intangible assets, net 2,313.8 2,481.5
Deferred income taxes 49.0 40.6
Non-current assets held for sale 0.0 1,364.0
Other non-current assets 379.1 346.8
Total non-current assets 6,810.1 8,354.9
Total assets 11,230.3 11,488.4
Liabilities and Shareholders’ Equity    
Accounts payable 402.4 451.6
Payroll and related taxes 106.2 152.9
Accrued customer programs 132.6 128.5
Other accrued liabilities 235.5 183.1
Accrued income taxes 9.4 9.0
Current indebtedness 630.1 37.3
Current liabilities held for sale 468.3 419.6
Total current liabilities 1,984.5 1,382.0
Long-term debt, less current portion 2,925.8 3,527.6
Deferred income taxes 254.9 276.2
Non-current liabilities held for sale 0.0 108.3
Other non-current liabilities 554.0 539.2
Total non-current liabilities 3,734.7 4,451.3
Total liabilities 5,719.2 5,833.3
Commitments and contingencies - Refer to Note 16
Controlling interests:    
Preferred shares, $0.0001 par value per share, 10 shares authorized 0.0 0.0
Ordinary shares, €0.001 par value per share, 10,000 shares authorized 7,081.7 7,118.2
Accumulated other comprehensive income 307.1 395.0
Retained earnings (accumulated deficit) (1,877.7) (1,858.1)
Total shareholders’ equity 5,511.1 5,655.1
Total liabilities and shareholders' equity $ 11,230.3 $ 11,488.4
Supplemental Disclosures of Balance Sheet Information    
Preferred shares, issued and outstanding (in shares) 0.0 0.0
Ordinary shares, issued and outstanding (in shares) 133.6 133.1