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Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2022
Dec. 31, 2021
Assets    
Cash and cash equivalents $ 600.7 $ 1,864.9
Accounts receivable, net of allowance for credit losses of $6.8 and $7.2, respectively 697.1 652.9
Inventories 1,150.3 1,020.2
Prepaid expenses and other current assets 271.8 305.8
Current assets held for sale 0.0 16.1
Total current assets 2,719.9 3,859.9
Property, plant and equipment, net 926.3 864.1
Operating lease assets 217.1 166.9
Goodwill and indefinite-lived intangible assets 3,549.0 3,004.7
Definite-lived intangible assets, net 3,230.2 2,146.1
Deferred income taxes 7.1 6.5
Other non-current assets 367.7 377.5
Total non-current assets 8,297.4 6,565.8
Total assets 11,017.3 10,425.7
Liabilities and Shareholders’ Equity    
Accounts payable 537.3 411.2
Payroll and related taxes 136.4 118.5
Accrued customer programs 139.1 125.6
Other accrued liabilities 250.2 279.4
Accrued income taxes 14.4 16.5
Current indebtedness 36.2 603.8
Current liabilities held for sale 0.0 32.9
Total current liabilities 1,113.6 1,587.9
Long-term debt, less current portion 4,070.4 2,916.7
Deferred income taxes 368.2 239.3
Other non-current liabilities 623.0 530.1
Total non-current liabilities 5,061.6 3,686.1
Total liabilities 6,175.2 5,274.0
Contingencies - Refer to Note 19
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 6,936.7 7,043.2
Accumulated other comprehensive income (27.0) 35.5
Retained earnings (accumulated deficit) (2,067.6) (1,927.0)
Total shareholders’ equity 4,842.1 5,151.7
Total liabilities and shareholders' equity $ 11,017.3 $ 10,425.7
Supplemental Disclosures of Balance Sheet Information    
Preferred shares, issued and outstanding 0.0 0.0
Ordinary shares, issued and outstanding 134.7 133.8