XML 21 R4.htm IDEA: XBRL DOCUMENT v3.22.1
Condensed Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Apr. 02, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 1,965.5 $ 1,864.9
Accounts receivable, net of allowance for credit losses of $7.1 and $7.2, respectively 679.3 652.9
Inventories 1,022.4 1,020.2
Prepaid expenses and other current assets 268.3 305.8
Current assets held for sale 0.0 16.1
Total current assets 3,935.5 3,859.9
Property, plant and equipment, net 846.3 864.1
Operating lease assets 195.7 166.9
Goodwill and indefinite-lived intangible assets 2,975.9 3,004.7
Definite-lived intangible assets, net 2,053.7 2,146.1
Deferred income taxes 6.7 6.5
Other non-current assets 375.7 377.5
Total non-current assets 6,454.0 6,565.8
Total assets 10,389.5 10,425.7
Liabilities and Shareholders’ Equity    
Accounts payable 479.6 411.2
Payroll and related taxes 88.6 118.5
Accrued customer programs 132.3 125.6
Other accrued liabilities 270.8 279.4
Accrued income taxes 5.4 16.5
Current indebtedness 4.6 603.8
Current liabilities held for sale 0.0 32.9
Total current liabilities 981.3 1,587.9
Long-term debt, less current portion 3,510.6 2,916.7
Deferred income taxes 238.9 239.3
Other non-current liabilities 554.2 530.1
Total non-current liabilities 4,303.7 3,686.1
Total liabilities 5,285.0 5,274.0
Contingencies - Refer to Note 15
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 7,018.9 7,043.2
Accumulated other comprehensive income 15.0 35.5
Retained earnings (accumulated deficit) (1,929.4) (1,927.0)
Total shareholders’ equity 5,104.5 5,151.7
Total liabilities and shareholders' equity $ 10,389.5 $ 10,425.7
Supplemental Disclosures of Balance Sheet Information    
Preferred shares, issued and outstanding (in shares) 0.0 0.0
Ordinary shares, issued and outstanding (in shares) 134.6 133.8