XML 12 R3.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Apr. 01, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 539.1 $ 642.5
Accounts receivable less allowances for discounts and credit losses 559.0 521.8
Inventories 931.1 1,021.3
Other current assets 272.0 274.8
Total current assets 2,301.2 2,460.4
Property, plant and equipment, net of accumulated depreciation 805.8 783.7
Operating lease assets 111.9 118.9
Goodwill [1] 1,643.6 1,640.7
Other intangible assets, net of accumulated amortization 990.7 1,000.8
Other assets 119.5 116.4
Total assets 5,972.7 6,120.9
Current liabilities    
Short-term debt 599.5 599.2
Accounts payable 423.7 421.6
Other current liabilities 390.0 523.9
Total current liabilities 1,413.2 1,544.7
Long-term debt 2,074.9 2,074.3
Deferred income taxes 143.0 136.9
Accrued defined benefit plans 66.7 79.9
Operating lease liabilities 90.0 95.4
Other non-current liabilities 102.4 102.8
Total liabilities 3,890.2 4,034.0
Commitments and contingencies (see Note 17)
Stockholders' equity    
Common stock [2] 1.9 1.9
Paid-in capital 3,094.1 3,069.6
Accumulated other comprehensive income (loss) 42.9 37.4
Retained earnings 2,402.4 2,323.8
Treasury stock (3,458.8) (3,345.8)
Total stockholders' equity 2,082.5 2,086.9
Total liabilities and equity $ 5,972.7 $ 6,120.9
[1] Net of accumulated impairment losses of $399.5 million in the Outdoors segment.
[2] Common stock, par value $0.01 per share; 186.7 million shares and 186.2 million shares issued at April 1, 2023 and December 31, 2022, respectively.