XML 16 R6.htm IDEA: XBRL DOCUMENT v3.25.2
Unaudited Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 28, 2025
Dec. 28, 2024
Current assets    
Cash and cash equivalents $ 719.7 $ 682.0
Trade accounts receivable, net 826.3 722.7
Inventories 729.0 676.0
Taxes receivable 39.5 28.6
Prepaid expenses and other assets 207.0 196.7
Total current assets 2,521.5 2,306.0
Non-current assets    
Property, plant and equipment, net 609.2 579.5
Goodwill 2,022.3 1,908.9
Pension surplus 5.7 5.7
Intangible assets, net 1,232.7 1,248.6
Right-of-use assets 142.4 139.4
Taxes receivable 20.2 20.7
Deferred income taxes 628.6 553.5
Other non-current assets 35.2 24.0
Total assets 7,217.8 6,786.3
Current liabilities    
Debt, current portion 39.8 39.1
Trade accounts payable 411.3 408.2
Taxes payable 27.3 22.9
Accrued expenses and other current liabilities 250.9 251.3
Total current liabilities 729.3 721.5
Non-current liabilities    
Debt, less current portion 2,304.9 2,311.5
Post-retirement benefit obligations 76.7 78.0
Lease liabilities 128.5 127.3
Taxes payable 84.7 82.2
Deferred income taxes 52.1 56.8
Other non-current liabilities 229.9 68.7
Total liabilities 3,606.1 3,446.0
Commitments and contingencies (Note 18)
Shareholders’ equity    
—Shares, par value of $0.01 each - authorized shares: 3,000,000,000; outstanding shares: 257,448,083 (December 28, 2024: authorized shares: 3,000,000,000; outstanding shares: 255,203,987) 2.6 2.6
—Additional paid-in capital 2,621.0 2,618.6
—Accumulated other comprehensive loss (940.0) (1,077.2)
—Retained earnings 1,585.4 1,479.6
Total shareholders’ equity 3,269.0 3,023.6
Non-controlling interests 342.7 316.7
Total equity 3,611.7 3,340.3
Total liabilities and equity $ 7,217.8 $ 6,786.3