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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 29, 2023
Dec. 30, 2022
Current assets:    
Cash and cash equivalents $ 229.8 $ 271.0
Accounts receivable, net 706.6 643.3
Inventories 235.7 402.5
Prepaid expenses 89.8 73.7
Other current assets 147.8 127.7
Assets held for sale 421.2 0.0
Total current assets 1,830.9 1,518.2
Property and equipment, net 202.5 219.0
Operating lease right-of-use assets 124.0 121.2
Goodwill 5,350.6 4,137.9
Other purchased intangible assets, net 1,243.5 498.1
Deferred income tax assets 412.3 438.4
Other non-current assets 375.5 336.2
Total assets 9,539.3 7,269.0
Current liabilities:    
Short-term debt 530.4  
Short-term debt   300.0
Accounts payable 165.3 175.5
Accrued compensation and benefits 181.2 159.4
Deferred revenue 663.1 639.1
Income taxes payable 39.7 23.7
Other current liabilities 201.3 164.4
Liabilities held for sale 48.3 0.0
Total current liabilities 1,829.3 1,462.1
Long-term debt 2,536.2 1,220.0
Deferred revenue, non-current 98.3 98.5
Deferred income tax liabilities 287.8 157.8
Operating lease liabilities 121.9 105.1
Other non-current liabilities 165.7 175.3
Total liabilities 5,039.2 3,218.8
Commitments and contingencies (Note 10)
Stockholders’ equity:    
Preferred stock, $0.001 par value; 3.0 shares authorized; none issued and outstanding 0.0 0.0
Common stock, $0.001 par value; 360.0 shares authorized; 246.5 and 246.9 shares issued and outstanding at the end of 2023 and 2022 0.2 0.2
Additional paid-in-capital 2,214.6 2,054.9
Retained earnings 2,437.4 2,230.0
Accumulated other comprehensive loss (152.1) (234.9)
Total stockholders' equity 4,500.1 4,050.2
Total liabilities and stockholders' equity $ 9,539.3 $ 7,269.0