XML 96 R55.htm IDEA: XBRL DOCUMENT v3.25.4
Discontinued Operations (Tables)
 12 Months Ended
Jan. 03, 2026
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:
(in millions)Year Ended
January 3,
2026		Year Ended
December 28,
2024		Year Ended
December 30,
2023
Revenues$414.9 $699.1 $772.6 
Cost of sales309.3489.1534.7
Gross profit105.6210.0237.9
Selling, general and administrative expenses108.4195.1212.7
Research and development expenses27.5 40.6 44.7 
Intangible assets impairment charges251.5 304.0 10.0 
Operating loss(281.8)(329.7)(29.5)
Loss on disposition(101.1)— — 
Reclass of unrealized foreign currency translation losses upon disposition of discontinued operations(44.5)— — 
Other non-operating (loss) income(4.7)2.6 4.6 
Loss from discontinued operations, before income taxes(432.1)(327.1)(24.9)
(Benefit) provision for income taxes(72.9)(6.0)1.3 
Loss from discontinued operations, net of income taxes$(359.2)$(321.1)$(26.2)
Assets and liabilities of the discontinued operations of the non-healthcare business classified as held-for-sale remaining in the consolidated balance sheets as of January 3, 2026 and December 28, 2024 consist of the following:
(in millions)January 3,
2026		December 28
2024
Cash and cash equivalents$1.0 $54.0 
Trade receivable, net of credit allowances— 143.3 
Inventories, net— 164.4 
Other current assets— 41.7 
Total current assets, held-for-sale1.0 403.4 
Property and equipment, net— 44.6 
Intangible assets, net— 496.6 
Deferred tax assets— 25.2 
Other non-current assets0.1 48.8 
Total non-current assets, held-for-sale0.1 615.2 
Total assets held-for-sale - discontinued operations$1.1 $1,018.6 
Accounts payable$0.5 $123.8 
Accrued compensation0.9 4.9 
Deferred revenue and other contract liabilities, current— 18.6 
Other current liabilities1.1 70.4 
Total current liabilities, held-for-sale2.5 217.7 
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$2.6 $388.4