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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 02, 2022
Jan. 01, 2022
Current assets    
Cash and cash equivalents $ 98.0 $ 128.4
Accounts receivable, net of allowance of $21.4 ($20.8 as of January 1, 2022) 270.5 261.6
Inventories 105.2 94.6
Prepaid expenses and other current assets 31.3 25.2
Total current assets 505.0 509.8
Property, plant and equipment, net 710.6 718.1
Operating lease right-of-use-assets 173.0 177.4
Goodwill 1,317.7 1,321.4
Intangible assets, net 944.1 969.8
Other long-term assets, net 29.4 26.9
Total assets 3,679.8 3,723.4
Current liabilities    
Short-term borrowings 225.8 222.1
Current maturities of long-term debt 17.1 17.7
Accounts payable and accrued liabilities 424.7 437.7
Current operating lease obligations 33.6 32.3
Total current liabilities 701.2 709.8
Long-term debt 1,307.4 1,321.1
Operating lease obligations 142.8 148.7
Deferred tax liabilities 159.3 158.8
Other long-term liabilities 64.6 64.9
Total liabilities 2,375.3 2,403.3
Shareholders' Equity    
Common shares, no par value - 161,075,550 (January 1, 2022 - 160,732,552) shares issued 1,291.6 1,286.9
Additional paid-in-capital 83.9 85.9
(Accumulated deficit) retained earnings (1.8) 16.4
Accumulated other comprehensive loss (69.2) (69.1)
Total shareholders' equity 1,304.5 1,320.1
Total liabilities and shareholders' equity $ 3,679.8 $ 3,723.4