XML 13 R2.htm IDEA: XBRL DOCUMENT v3.25.1
CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current Assets:    
Cash, cash equivalents and restricted cash $ 449.7 $ 614.4
Trade receivables, net of allowance for expected credit losses of $7.2 and $4.7 as of March 31, 2025 and December 31, 2024, respectively 504.6 444.0
Inventories 252.2 208.4
Prepaid expenses and other current assets 120.9 150.4
Current assets held for sale 65.2 111.8
Total current assets 1,392.6 1,529.0
Property, plant and equipment, net 2,045.3 2,083.9
Operating lease right-of-use-assets, net 622.6 628.7
Goodwill 3,572.2 3,572.2
Intangible assets, net 3,161.5 3,191.7
Other non-current assets 74.7 70.1
Non-current assets held for sale 113.1 118.9
Total assets 10,982.0 11,194.5
Current Liabilities:    
Current portion of long-term debt 67.9 64.5
Trade payables 485.6 471.6
Accruals and other current liabilities 578.3 697.7
Current portion of operating lease obligations 94.2 95.5
Current liabilities held for sale 79.9 82.2
Total current liabilities 1,305.9 1,411.5
Long-term debt, less current portion 4,976.7 4,963.6
Operating lease obligations, less current portion 549.3 555.6
Deferred income taxes 736.5 738.7
Other non-current liabilities 51.0 49.8
Non-current liabilities held for sale 29.5 31.1
Total liabilities 7,648.9 7,750.3
Commitments and contingencies
Stockholders' Equity:    
Common stock, $0.01 par value, 900,000,000 shares authorized, 376,197,105 and 379,792,996 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively 3.8 3.8
Additional paid-in capital 4,979.4 4,971.3
Accumulated deficit (1,637.4) (1,513.7)
Accumulated other comprehensive loss (12.7) (17.2)
Total stockholders' equity 3,333.1 3,444.2
Total liabilities and stockholders' equity $ 10,982.0 $ 11,194.5