XML 16 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 01, 2022
Jan. 01, 2022
Current assets    
Cash and cash equivalents $ 219.5 $ 745.3
Trade accounts receivable, net of allowance for credit losses of $3.8 million and $2.2 million at October 1, 2022 and January 1, 2022, respectively 371.6 200.8
Inventories 495.4 201.4
Other current assets 159.1 91.0
Total current assets 1,245.6 1,238.5
Lease receivable, noncurrent 79.6 73.6
Deferred costs and other contract assets 37.0 28.1
Property and equipment, net 372.2 272.8
Intangible assets, net 446.6 72.5
Trademarks - (Note 9) 262.0 0.0
Goodwill 446.3 100.3
Deferred tax assets 56.5 52.6
Other non-current assets 110.6 48.6
Total assets 3,056.4 1,887.0
Current liabilities    
Accounts payable 267.8 75.5
Accrued compensation 90.4 70.8
Deferred revenue and other contract liabilities, current 77.6 50.9
Other current liabilities 151.5 70.4
Total current liabilities 587.3 267.6
Long-term debt 951.4 0.0
Deferred tax liabilities 139.2 5.1
Other non-current liabilities 125.9 64.0
Total liabilities 1,803.8 336.7
Commitments and contingencies - (Note 24)
Stockholders’ equity    
Preferred stock, $0.001 par value; 5.0 million shares authorized; 0 shares issued and outstanding 0.0 0.0
Common stock, $0.001 par value; 100.0 million shares authorized; 52.6 million and 55.3 million shares issued and outstanding at October 1, 2022 and January 1, 2022, respectively 0.1 0.1
Treasury stock, 19.5 million and 16.5 million shares at October 1, 2022 and January 1, 2022, respectively (1,169.1) (767.7)
Additional paid-in capital 775.0 752.5
Accumulated other comprehensive loss (26.9) (5.5)
Retained earnings 1,673.5 1,570.9
Total stockholders’ equity 1,252.6 1,550.3
Total liabilities and stockholders’ equity 3,056.4 1,887.0
Customer relationships    
Current assets    
Intangible assets, net 204.5 15.3
Acquired technologies    
Current assets    
Intangible assets, net 163.9 19.7
Other intangible assets, net    
Current assets    
Intangible assets, net $ 78.2 $ 37.5