XML 20 R5.htm IDEA: XBRL DOCUMENT v3.24.0.1
Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 30, 2023
Dec. 31, 2022
Current assets    
Cash and cash equivalents $ 366.4 $ 642.5
Accounts receivable less allowances for discounts and credit losses 534.2 521.8
Inventories 982.3 1,021.3
Other current assets 162.8 274.8
TOTAL CURRENT ASSETS 2,045.7 2,460.4
Property, plant and equipment, net of accumulated depreciation 975.0 783.7
Operating lease assets 173.8 118.9
Goodwill [1] 1,906.8 1,640.7
Other intangible assets, net of accumulated amortization 1,354.7 1,000.8
Other assets 109.0 116.4
TOTAL ASSETS 6,565.0 6,120.9
Current liabilities    
Short-term debt 0.0 599.2
Accounts payable 568.1 421.6
Other current liabilities 632.3 523.9
TOTAL CURRENT LIABILITIES 1,200.4 1,544.7
Long-term debt 2,670.1 2,074.3
Deferred income taxes 111.3 136.9
Accrued defined benefit plans 47.3 79.9
Operating lease liabilities 143.3 95.4
Other non-current liabilities 99.2 102.8
TOTAL LIABILITIES 4,271.6 4,034.0
Commitments (Note 18) and Contingencies (Note 22)
Equity    
Common stock [2] 1.9 1.9
Paid-in capital 3,134.5 3,069.6
Accumulated other comprehensive income 63.3 37.4
Retained earnings 2,605.3 2,323.8
Treasury stock (3,511.6) (3,345.8)
TOTAL EQUITY 2,293.4 2,086.9
TOTAL LIABILITIES AND EQUITY $ 6,565.0 $ 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, 187.1 million shares and 186.2 million shares issued at December 30, 2023 and December 31, 2022, respectively.