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Consolidated Balance Sheets - USD ($)
$ in Millions
Apr. 01, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 96.5 $ 122.6
Accounts receivable, net of allowance of $21.1 ($20.6 as of December 31, 2022) 263.3 258.6
Inventories 104.3 112.1
Prepaid expenses and other current assets 52.1 44.7
Total current assets 516.2 538.0
Property, plant and equipment, net 723.4 714.4
Operating lease right-of-use-assets 194.0 198.6
Goodwill 1,297.8 1,293.0
Intangible assets, net 887.9 894.7
Other long-term assets, net 27.3 28.3
Total assets 3,646.6 3,667.0
Current liabilities    
Short-term borrowings 245.9 212.3
Current maturities of long-term debt 16.8 17.5
Accounts payable and accrued liabilities 391.6 425.1
Current operating lease obligations 34.4 35.7
Total current liabilities 688.7 690.6
Long-term debt 1,292.2 1,283.8
Operating lease obligations 170.6 174.5
Deferred tax liabilities 171.5 170.0
Other long-term liabilities 67.1 65.2
Total liabilities 2,390.1 2,384.1
Shareholders' Equity    
Common shares, no par value - 159,260,862 (December 31, 2022 - 159,752,299) shares issued 1,283.3 1,283.2
Additional paid-in-capital 86.2 91.3
Accumulated deficit (24.2) (9.4)
Accumulated other comprehensive loss (88.8) (82.2)
Total shareholders' equity 1,256.5 1,282.9
Total liabilities and shareholders' equity $ 3,646.6 $ 3,667.0