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Discontinued Operations (Tables)
9 Months Ended
Sep. 27, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of Discontinued Operations
The key components of income from the non-healthcare business discontinued operations were as follows:

Three Months Ended
Nine Months Ended
(in millions)
September 27,
2025
September 28,
2024
September 27,
2025
September 28,
2024
Revenues$126.7 $161.3 $414.9 $466.9 
Cost of sales78.2 110.3 264.5 333.2 
Intangible assets impairment charges— — 44.0 — 
Gross profit48.5 51.0 106.4 133.7 
Selling, general and administrative expenses32.9 48.0 108.0 143.6 
Research and development expenses9.2 11.1 26.2 31.0 
Intangible assets impairment charges— — 251.0 — 
Operating income (loss)6.4 (8.1)(278.8)(40.9)
Loss on disposition(111.0)— (111.0)— 
Reclass of unrealized foreign currency translation losses upon disposition of discontinued operations(44.5)— (44.5)— 
Other non-operating income (loss)2.3 (9.5)(4.3)(4.3)
Loss from discontinued operations, before income taxes(146.8)(17.6)(438.6)(45.2)
Provision (benefit) for income taxes7.3 (3.1)(73.0)(8.7)
Loss from discontinued operations, net of income taxes$(154.1)$(14.5)$(365.6)$(36.5)
Assets and liabilities of the discontinued operations of the non-healthcare business classified as held-for-sale in the condensed consolidated balance sheets as of September 27, 2025 and December 28, 2024 consist of the following:
(in millions)
September 27,
2025
December 28,
2024
Cash and cash equivalents$0.6 $54.0 
Trade receivable, net of credit allowances— 143.3 
Inventories, net0.2 164.4 
Other current assets0.1 41.7 
Total current assets, held-for-sale0.9 403.4 
Property and equipment, net— 44.6 
Intangible assets, net1.3 496.6 
Deferred tax assets— 25.2 
Other non-current assets0.1 48.8 
Total non-current assets, held-for-sale1.4 615.2 
Total assets held-for-sale - discontinued operations$2.3 $1,018.6 
Accounts payable$— $123.8 
Accrued compensation0.7 4.9 
Deferred revenue and other contract liabilities, current— 18.6 
Other current liabilities0.6 70.4 
Total current liabilities, held-for-sale1.3 217.7 
Long-term debt— 13.6 
Deferred tax liabilities— 99.9 
Other non-current liabilities0.1 57.2 
Total non-current liabilities, held-for-sale0.1 170.7 
Total liabilities held-for-sale - discontinued operations$1.4 $388.4