v3.25.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 30, 2025
Dec. 29, 2024
Current assets:    
Cash and cash equivalents $ 127.1 $ 98.3
Accounts receivable, net 286.0 282.4
Inventories 563.2 533.7
Prepaid expenses and other current assets 239.8 262.4
Assets held for sale 42.1 42.1
Total current assets 1,258.2 1,218.9
Property, plant and equipment, net 1,399.4 1,380.2
Right-of-use assets 165.0 168.7
Goodwill 670.9 649.5
Intangible assets, net 2,697.9 2,735.6
Other assets 270.2 270.7
Total assets 6,461.6 6,423.6
Current liabilities:    
Accounts payable 230.9 246.0
Accrued payroll and related expenses 135.3 116.9
Income tax payable 5.8 5.4
Current portion of borrowings 393.8 341.8
Other current liabilities 281.4 288.7
Total current liabilities 1,047.2 998.8
Operating lease liabilities 163.3 167.2
Long-term borrowings 2,105.9 2,141.3
Deferred tax liabilities 78.2 76.5
Other liabilities 69.8 55.3
Total liabilities 3,464.4 3,439.1
Commitments and contingencies (Note 9)
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; 5.0 shares authorized; none issued or outstanding at March 30, 2025 and December 29, 2024 0.0 0.0
Common stock, $0.001 par value per share; 126.2 shares authorized; 67.5 and 67.3 shares issued and outstanding at March 30, 2025 and December 29, 2024, respectively 0.1 0.1
Additional paid-in capital 2,897.8 2,884.8
Accumulated other comprehensive loss (23.8) (36.2)
Retained earnings 123.1 135.8
Total stockholders’ equity 2,997.2 2,984.5
Total liabilities and stockholders’ equity $ 6,461.6 $ 6,423.6