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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2017
Sep. 24, 2016
Current assets:    
Cash and cash equivalents $ 540.6 $ 548.4
Accounts receivable, less reserves of $9.8 and $12.7, respectively 533.5 447.0
Inventories 331.6 274.7
Prepaid income taxes 22.4 16.9
Prepaid expenses and other current assets 50.5 39.6
Total current assets 1,478.6 1,326.6
Property, plant and equipment, net 491.2 460.2
Intangible assets, net 2,741.6 2,643.4
Goodwill 3,171.2 2,803.1
Other assets 97.0 83.7
Total assets 7,979.6 7,317.0
Current liabilities:    
Current portion of long-term debt 1,150.8 296.0
Accounts payable 166.6 156.9
Accrued expenses 375.3 287.6
Deferred revenue 171.2 161.4
Current portion of capital lease obligations 1.6 0.0
Total current liabilities 1,865.5 901.9
Long-term debt, net of current portion 2,172.1 3,049.4
Capital lease obligations, net of current portion 22.7 0.0
Deferred income tax liabilities 973.6 982.6
Deferred revenue 20.8 15.9
Other long-term liabilities 140.2 224.5
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.01 par value – 1,623 shares authorized; 0 shares issued 0.0 0.0
Common stock, $0.01 par value – 750,000 shares authorized; 287,853 and 285,015 shares issued, respectively 2.9 2.9
Additional paid-in-capital 5,630.8 5,560.3
Accumulated deficit (2,382.7) (3,138.2)
Treasury stock, at cost – 12,560 and 7,289 shares, respectively (450.1) (250.0)
Accumulated other comprehensive loss (16.2) (32.3)
Total stockholders’ equity 2,784.7 2,142.7
Total liabilities and stockholders’ equity $ 7,979.6 $ 7,317.0