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Condensed Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Mar. 30, 2024
Dec. 31, 2023
Assets    
Cash, cash equivalents and restricted cash $ 658.5 $ 751.3
Accounts receivable, net of allowance for credit losses of $8.1 and $7.8, respectively 780.0 739.6
Inventories 1,121.3 1,140.9
Prepaid expenses and other current assets 246.6 201.1
Total current assets 2,806.4 2,832.9
Property, plant and equipment, net 911.4 916.4
Operating lease assets 176.7 183.6
Goodwill and indefinite-lived intangible assets 3,498.1 3,534.4
Definite-lived intangible assets, net 2,870.3 2,980.8
Deferred income taxes 28.0 25.8
Other non-current assets 349.4 335.2
Total non-current assets 7,833.9 7,976.2
Total assets 10,640.3 10,809.1
Liabilities and Shareholders’ Equity    
Accounts payable 453.7 477.7
Payroll and related taxes 114.4 127.0
Accrued customer programs 179.1 163.5
Other accrued liabilities 359.0 335.4
Accrued income taxes 7.7 42.1
Current indebtedness 440.6 440.6
Total current liabilities 1,554.5 1,586.3
Long-term debt, less current portion 3,624.9 3,632.8
Deferred income taxes 247.7 262.3
Other non-current liabilities 526.2 559.8
Total non-current liabilities 4,398.8 4,454.9
Total liabilities 5,953.3 6,041.2
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 6,803.0 6,837.5
Accumulated other comprehensive income (37.7) 10.7
Retained earnings (accumulated deficit) (2,078.3) (2,080.3)
Total shareholders’ equity 4,687.0 4,767.9
Total liabilities and shareholders' equity $ 10,640.3 $ 10,809.1
Supplemental Disclosures of Balance Sheet Information    
Preferred shares, issued (in shares) 0.0 0.0
Preferred shares, outstanding (in shares) 0.0 0.0
Ordinary shares, issued (in shares) 136.3 135.5
Ordinary shares, outstanding (in shares) 136.3 135.5