XML 96 R83.htm IDEA: XBRL DOCUMENT v3.7.0.1
Condensed Consolidating Financial Statements (Schedule of Condensed Consolidating Statements of Cash Flows) (Details) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 24, 2016
Jun. 30, 2017
Dec. 30, 2016
Dec. 25, 2015
Condensed Consolidating Financial Statements          
Cash and Cash Equivalents and Restricted Cash   $ 541.2 $ 348.4 $ 361.1 $ 588.4
Restricted Cash and Investments, Current   0.3 0.0    
Cash Flows From Operating Activities:          
Net cash from operating activities $ 222.5 683.0      
Cash Flows From Investing Activities:          
Capital expenditures (101.6) (84.5)      
Acquisitions and intangibles, net of cash acquired 0.0 (169.5)      
Proceeds from divestitures, net of cash 576.9 3.0      
Cash paid with acquisition 0.0        
Intercompany loan investment, net 0.0 0.0      
Investment in subsidiary 0.0 0.0      
Other (9.9) 4.6      
Net cash from investing activities 465.4 (246.4)      
Cash Flows From Financing Activities:          
Issuance of external debt 40.0 36.3      
Repayment of external debt and capital leases (332.8) (177.5)      
Debt financing costs (13.0) 0.0      
Proceeds from exercise of share options 3.9 4.9      
Repurchase of shares (380.8) (326.6)      
Intercompany loan borrowings, net 0.0 0.0      
Payment of Subsidiary Dividend 0.0        
Capital contribution 0.0 0.0      
Other (19.5) (23.0)      
Net cash from financing activities (702.2) (485.9)      
Effect of currency rate changes on cash 1.6 2.1      
Net change in cash, cash equivalents and restricted cash (12.7) (47.2)      
Cash, cash equivalents and restricted cash at beginning of period 342.0        
Cash and cash equivalents 342.0 521.9 330.2 342.0  
Restricted Cash and Investments, Noncurrent   19.0 18.2    
Mallinckrodt plc          
Condensed Consolidating Financial Statements          
Cash and Cash Equivalents and Restricted Cash   0.1 0.9 0.5 0.3
Restricted Cash and Investments, Current   0.0 0.0    
Cash Flows From Operating Activities:          
Net cash from operating activities 1,177.0 (4.3)      
Cash Flows From Investing Activities:          
Capital expenditures 0.0 0.0      
Acquisitions and intangibles, net of cash acquired   0.0      
Proceeds from divestitures, net of cash 0.0 0.0      
Cash paid with acquisition 0.0        
Intercompany loan investment, net (801.7) 0.0      
Investment in subsidiary 0.0 0.0      
Other 0.0 0.0      
Net cash from investing activities (801.7) 0.0      
Cash Flows From Financing Activities:          
Issuance of external debt 0.0 0.0      
Repayment of external debt and capital leases 0.0 0.0      
Debt financing costs 0.0 0.0      
Proceeds from exercise of share options 3.9 4.9      
Repurchase of shares (380.8) (326.6)      
Intercompany loan borrowings, net 0.0 325.8      
Payment of Subsidiary Dividend 0.0        
Capital contribution 0.0 0.0      
Other 2.0 0.0      
Net cash from financing activities (374.9) 4.1      
Effect of currency rate changes on cash 0.0 0.0      
Net change in cash, cash equivalents and restricted cash 0.4 (0.2)      
Cash, cash equivalents and restricted cash at beginning of period 0.5        
Cash and cash equivalents 0.5 0.1 0.9 0.5  
Restricted Cash and Investments, Noncurrent   0.0 0.0    
Mallinckrodt International Finance S.A.          
Condensed Consolidating Financial Statements          
Cash and Cash Equivalents and Restricted Cash   88.8 149.9 44.5 158.5
Restricted Cash and Investments, Current   0.0 0.0    
Cash Flows From Operating Activities:          
Net cash from operating activities 175.8 (72.9)      
Cash Flows From Investing Activities:          
Capital expenditures 0.0 0.0      
Acquisitions and intangibles, net of cash acquired   0.0      
Proceeds from divestitures, net of cash 0.0 (1.4)      
Cash paid with acquisition 0.0        
Intercompany loan investment, net 0.0 105.8      
Investment in subsidiary (307.9) (461.7)      
Other 0.0 0.0      
Net cash from investing activities (307.9) (357.3)      
Cash Flows From Financing Activities:          
Issuance of external debt 0.0 0.0      
Repayment of external debt and capital leases (242.1) (160.3)      
Debt financing costs (12.5) 0.0      
Proceeds from exercise of share options 0.0 0.0      
Repurchase of shares 0.0 0.0      
Intercompany loan borrowings, net 1,662.1 520.8      
Payment of Subsidiary Dividend (1,170.0)        
Capital contribution 0.0 0.0      
Other 0.0 0.0      
Net cash from financing activities 237.5 360.5      
Effect of currency rate changes on cash 0.0 0.0      
Net change in cash, cash equivalents and restricted cash 105.4 (69.7)      
Cash, cash equivalents and restricted cash at beginning of period 44.5        
Cash and cash equivalents 44.5 88.8 149.9 44.5  
Restricted Cash and Investments, Noncurrent   0.0 0.0    
Other Subsidiaries          
Condensed Consolidating Financial Statements          
Cash and Cash Equivalents and Restricted Cash   452.3 197.6 316.1 429.6
Restricted Cash and Investments, Current   0.3 0.0    
Cash Flows From Operating Activities:          
Net cash from operating activities 1,487.0 760.2      
Cash Flows From Investing Activities:          
Capital expenditures (101.6) (84.5)      
Acquisitions and intangibles, net of cash acquired   (169.5)      
Proceeds from divestitures, net of cash 576.9 4.4      
Cash paid with acquisition 0.0        
Intercompany loan investment, net (860.4) (952.4)      
Investment in subsidiary 0.0 0.0      
Other (9.9) 4.6      
Net cash from investing activities (395.0) (1,197.4)      
Cash Flows From Financing Activities:          
Issuance of external debt 40.0 36.3      
Repayment of external debt and capital leases (90.7) (17.2)      
Debt financing costs (0.5) 0.0      
Proceeds from exercise of share options 0.0 0.0      
Repurchase of shares 0.0 0.0      
Intercompany loan borrowings, net 0.0 0.0      
Payment of Subsidiary Dividend (1,447.3)        
Capital contribution 307.9 461.7      
Other (21.5) (23.0)      
Net cash from financing activities (1,212.1) 457.8      
Effect of currency rate changes on cash 1.6 2.1      
Net change in cash, cash equivalents and restricted cash (118.5) 22.7      
Cash, cash equivalents and restricted cash at beginning of period 297.0        
Cash and cash equivalents 297.0 433.0 179.4 297.0  
Restricted Cash and Investments, Noncurrent   19.0 18.2    
Eliminations          
Condensed Consolidating Financial Statements          
Cash and Cash Equivalents and Restricted Cash   0.0 0.0 0.0 $ 0.0
Restricted Cash and Investments, Current   0.0 0.0    
Cash Flows From Operating Activities:          
Net cash from operating activities (2,617.3) 0.0      
Cash Flows From Investing Activities:          
Capital expenditures 0.0 0.0      
Acquisitions and intangibles, net of cash acquired   0.0      
Proceeds from divestitures, net of cash 0.0 0.0      
Cash paid with acquisition 0.0        
Intercompany loan investment, net 1,662.1 846.6      
Investment in subsidiary 307.9 461.7      
Other 0.0 0.0      
Net cash from investing activities 1,970.0 1,308.3      
Cash Flows From Financing Activities:          
Issuance of external debt 0.0 0.0      
Repayment of external debt and capital leases 0.0 0.0      
Debt financing costs 0.0 0.0      
Proceeds from exercise of share options 0.0 0.0      
Repurchase of shares 0.0 0.0      
Intercompany loan borrowings, net (1,662.1) (846.6)      
Payment of Subsidiary Dividend 2,617.3        
Capital contribution (307.9) (461.7)      
Other 0.0 0.0      
Net cash from financing activities 647.3 (1,308.3)      
Effect of currency rate changes on cash 0.0 0.0      
Net change in cash, cash equivalents and restricted cash 0.0 0.0      
Cash, cash equivalents and restricted cash at beginning of period 0.0        
Cash and cash equivalents $ 0.0 0.0 0.0 $ 0.0  
Restricted Cash and Investments, Noncurrent   $ 0.0 $ 0.0