XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.0.1
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Sep. 30, 2021
Dec. 31, 2020
Current assets:      
Cash and cash equivalents $ 225.8 $ 260.0 $ 461.4
Accounts receivable, less allowance of $16.1, $16.3 and $20.6 as of December 31, 2021, September 30, 2021 and December 31, 2020, respectively 855.2 978.3 746.4
Inventories, net 1,161.7 1,084.5 952.9
Prepaid expenses and other current assets 367.2 345.9 330.0
Current assets held for sale     997.0
Total current assets 2,609.9 2,668.7 3,487.7
Property and equipment, net 256.3 236.6 209.5
Goodwill 1,777.4 1,760.9 1,757.5
Intangibles, net 421.0 414.8 492.6
Operating lease right-of-use assets, net 413.9 399.2 371.8
Deferred income taxes, net 61.9 64.5 12.4
Other assets, net 8.9 9.8 2.1
Total assets 5,549.3 5,554.5 6,333.6
Current liabilities:      
Accounts payable 794.2 812.9 738.3
Accrued expenses 472.1 546.7 440.4
Current portion of operating lease liabilities 89.0 88.5 84.0
Current portion of finance lease liabilities 6.4 5.0 1.8
Current portion of long-term debt/obligations 10.0 10.0 11.3
Current liabilities held for sale     175.1
Total current liabilities 1,371.7 1,463.1 1,450.9
Borrowings under revolving lines of credit, net     151.7
Long-term debt, net 1,612.9 1,614.5 2,494.1
Deferred income taxes, net 0.8 0.7  
Operating lease liabilities 326.3 311.3 286.6
Finance lease liabilities 26.0 22.9 6.3
Total liabilities 3,337.7 3,412.5 4,389.6
Commitments and contingencies (Note 11)    
Convertible Preferred Stock (voting); $0.01 par value; aggregate liquidation preference $400.0; 0.4 shares authorized, issued and outstanding as of December 31, 2021, September 30, 2021 and December 31, 2020 (Note 6) 399.2 399.2 399.2
Stockholders' equity:      
Common stock (voting); $0.01 par value; 100.0 shares authorized; 70.4, 70.1 and 69.4 shares issued and outstanding as of December 31, 2021, September 30, 2021 and December 31, 2020, respectively 0.7 0.7 0.7
Undesignated preferred stock; 5.0 shares authorized, none issued or outstanding 0.0 0.0 0.0
Additional paid-in capital 1,148.6 1,145.0 1,109.8
Retained earnings 682.5 620.5 463.5
Accumulated other comprehensive income (loss) (19.4) (23.4) (29.2)
Total stockholders' equity 1,812.4 1,742.8 1,544.8
Total liabilities and stockholders' equity $ 5,549.3 $ 5,554.5 $ 6,333.6