XML 26 R14.htm IDEA: XBRL DOCUMENT
v3.24.3

Additional Balance Sheet Information | 9 Months Ended
--- | ---
Sep. 29, 2024
Payables and Accruals [Abstract] |
Additional Balance Sheet Information | Additional Balance Sheet Information Components of Accrued liabilities for the periods ended September 29, 2024, October 1, 2023 and December 31, 2023 were as follows:
| September 29, 2024 |  | October 1, 2023 |  | December 31, 2023
Royalties | $ | 335.4 |  |  | $ | 148.9 |  |  | $ | 286.8 |
Deferred revenue | 103.2 |  |  | 112.1 |  |  | 101.6 |
Lag & cancellation charges | 51.2 |  |  | 83.0 |  | 118.9
Dividends (1) | — |  |  | 97.1 |  | 97.2
Severance | 51.0 |  |  | 55.5 |  |  | 83.7 |
Accrued income taxes | 99.3 |  |  | 27.3 |  |  | 61.6 |
Other taxes | 60.5 |  |  | 63.8 |  |  | 68.7 |
Interest | 49.5 |  |  | 38.1 |  |  | 29.9 |
General vendor accruals | 57.8 |  |  | 57.9 |  |  | 51.9 |
Participations and residuals | 18.3 |  |  | 30.4 |  |  | 34.0 |
Advertising | 70.0 |  |  | 52.3 |  |  | 45.0 |
Lease liability - current | 32.2 |  |  | 28.1 |  |  | 30.5 |
Payroll and management incentives | 79.8 |  |  | 63.8 |  |  | 85.6 |
Defined contribution plans | 16.0 |  |  | 27.3 |  |  | 29.7 |
Freight | 34.7 |  |  | 32.3 |  |  | 22.9 |
Insurance | 12.3 |  |  | 12.2 |  |  | 13.3 |
Professional fees | 18.6 |  |  | 16.0 |  |  | 12.4 |
Accrued expenses - IIP & IIC | 0.5 |  |  | 2.7 |  |  | 0.7 |
Other | 42.2 |  |  | 36.6 |  |  | 41.4 |
Total accrued liabilities | $ | 1,132.5 |  |  | $ | 985.4 |  |  | $ | 1,215.8 |
(1) During the fourth quarter of 2024, the Board of Directors declared a quarterly cash dividend of $0.70 per common share payable on December 4, 2024, to shareholders of record at the close of business on November 24, 2024. Prepaid expenses and other current assets include accrued income, current of $173.6 million, $92.0 million, and $85.6 million as of September 29, 2024, October 1, 2023 and December 31, 2023, respectively. Other assets include deferred tax assets of $407.1 million, $251.7 million, and $427.9 million as of September 29, 2024, October 1, 2023 and December 31, 2023, respectively, and content assets of $145.1 million, $196.5 million, and $162.8 million as of September 29, 2024, October 1, 2023 and December 31, 2023, respectively

X
- Definition The entire disclosure for accounts payable, accrued expenses, and other liabilities that are classified as current at the end of the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 720 -SubTopic 30 -Name Accounting Standards Codification -Section 45 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147483384/720-30-45-1 + Details
Name: | us-gaap_AccountsPayableAccruedLiabilitiesAndOtherLiabilitiesDisclosureCurrentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_PayablesAndAccrualsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration