XML 100 R90.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidating Financial Statements (Schedule of Condensed Consolidating Balance Sheets) (Details) - USD ($)
$ in Millions
Jun. 29, 2018
Dec. 29, 2017
Jun. 30, 2017
Current Assets:      
Cash and cash equivalents $ 235.7 $ 1,260.9 $ 330.2
Accounts receivable, net 337.6 275.4  
Inventories 184.4 128.7  
Prepaid expenses and other current assets 135.6 74.7  
Notes receivable 0.0 154.0  
Current assets held for sale 1,112.5 391.5  
Intercompany receivables 0.0 0.0  
Total current assets 2,005.8 2,285.2  
Property, plant and equipment, net 430.1 413.2  
Goodwill 3,676.7 3,482.7  
Intangible assets, net 8,769.0 8,261.0  
Disposal Group, Including Discontinued Operation, Assets, Noncurrent 0.0 742.7  
Investment in subsidiaries 0.0 0.0  
Intercompany loans receivable 0.0 0.0  
Other assets 168.2 156.2  
Total Assets 15,049.8 15,341.0  
Current Liabilities:      
Current maturities of long-term debt 22.2 313.7  
Accounts payable 75.8 77.3  
Accrued payroll and payroll-related costs 74.6 78.4  
Accrued interest 60.4 57.0  
Income taxes payable 39.9 15.5  
Accrued and other current liabilities 441.0 368.5  
Current liabilities held for sale 170.6 140.0  
Intercompany payables 0.0 0.0  
Total current liabilities 884.5 1,050.4  
Long-term debt 6,335.1 6,420.9  
Pension and postretirement benefits 65.3 67.1  
Environmental liabilities 62.2 62.8  
Deferred income taxes 809.7 749.1  
Other income tax liabilities 129.2 94.1  
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent 0.0 22.6  
Intercompany loans payable 0.0 0.0  
Other liabilities 289.4 352.0  
Total Liabilities 8,575.4 8,819.0  
Shareholders' Equity 6,474.4 6,522.0  
Total Liabilities and Shareholders' Equity 15,049.8 15,341.0  
Mallinckrodt plc      
Current Assets:      
Cash and cash equivalents 0.6 0.7 0.9
Accounts receivable, net 0.0 0.0  
Inventories 0.0 0.0  
Prepaid expenses and other current assets 0.3 1.0  
Notes receivable 0.0 0.0  
Current assets held for sale 0.0 0.0  
Intercompany receivables 123.0 70.0  
Total current assets 123.9 71.7  
Property, plant and equipment, net 0.0 0.0  
Goodwill 0.0 0.0  
Intangible assets, net 0.0 0.0  
Disposal Group, Including Discontinued Operation, Assets, Noncurrent   0.0  
Investment in subsidiaries 6,063.6 6,551.6  
Intercompany loans receivable 505.4 593.1  
Other assets 0.0 0.0  
Total Assets 6,692.9 7,216.4  
Current Liabilities:      
Current maturities of long-term debt 0.0 0.0  
Accounts payable 0.2 0.1  
Accrued payroll and payroll-related costs 0.0 0.0  
Accrued interest 0.0 0.0  
Income taxes payable 0.0 0.0  
Accrued and other current liabilities 0.8 0.8  
Current liabilities held for sale 0.0 0.0  
Intercompany payables 217.5 693.5  
Total current liabilities 218.5 694.4  
Long-term debt 0.0 0.0  
Pension and postretirement benefits 0.0 0.0  
Environmental liabilities 0.0 0.0  
Deferred income taxes 0.0 0.0  
Other income tax liabilities 0.0 0.0  
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent   0.0  
Intercompany loans payable 0.0 0.0  
Other liabilities 0.0 0.0  
Total Liabilities 218.5 694.4  
Shareholders' Equity 6,474.4 6,522.0  
Total Liabilities and Shareholders' Equity 6,692.9 7,216.4  
Mallinckrodt International Finance S.A.      
Current Assets:      
Cash and cash equivalents 21.3 908.8 149.9
Accounts receivable, net 0.0 0.0  
Inventories 0.0 0.0  
Prepaid expenses and other current assets 0.4 0.2  
Notes receivable 0.0 0.0  
Current assets held for sale 0.0 0.0  
Intercompany receivables 26.4 173.4  
Total current assets 48.1 1,082.4  
Property, plant and equipment, net 0.0 0.0  
Goodwill 0.0 0.0  
Intangible assets, net 0.0 0.0  
Disposal Group, Including Discontinued Operation, Assets, Noncurrent   0.0  
Investment in subsidiaries 23,666.7 23,217.8  
Intercompany loans receivable 0.0 0.0  
Other assets 0.0 0.0  
Total Assets 23,714.8 24,300.2  
Current Liabilities:      
Current maturities of long-term debt 22.0 313.5  
Accounts payable 0.0 0.0  
Accrued payroll and payroll-related costs 0.0 0.0  
Accrued interest 54.7 53.0  
Income taxes payable 0.0 0.0  
Accrued and other current liabilities 0.4 0.4  
Current liabilities held for sale 0.0 0.0  
Intercompany payables 19.4 104.6  
Total current liabilities 96.5 471.5  
Long-term debt 6,079.3 6,206.8  
Pension and postretirement benefits 0.0 0.0  
Environmental liabilities 0.0 0.0  
Deferred income taxes 0.0 0.0  
Other income tax liabilities 0.0 0.0  
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent   0.0  
Intercompany loans payable 5,791.9 5,257.9  
Other liabilities 7.8 7.8  
Total Liabilities 11,975.5 11,944.0  
Shareholders' Equity 11,739.3 12,356.2  
Total Liabilities and Shareholders' Equity 23,714.8 24,300.2  
Other Subsidiaries      
Current Assets:      
Cash and cash equivalents 213.8 351.4 179.4
Accounts receivable, net 337.6 275.4  
Inventories 184.4 128.7  
Prepaid expenses and other current assets 134.9 73.5  
Notes receivable 0.0 154.0  
Current assets held for sale 1,112.5 391.5  
Intercompany receivables 277.8 831.4  
Total current assets 2,261.0 2,205.9  
Property, plant and equipment, net 430.1 413.2  
Goodwill 3,676.7 3,482.7  
Intangible assets, net 8,769.0 8,261.0  
Disposal Group, Including Discontinued Operation, Assets, Noncurrent   742.7  
Investment in subsidiaries 11,739.3 12,356.2  
Intercompany loans receivable 5,286.5 4,664.8  
Other assets 168.2 156.2  
Total Assets 32,330.8 32,282.7  
Current Liabilities:      
Current maturities of long-term debt 0.2 0.2  
Accounts payable 75.6 77.2  
Accrued payroll and payroll-related costs 74.6 78.4  
Accrued interest 5.7 4.0  
Income taxes payable 39.9 15.5  
Accrued and other current liabilities 439.8 367.3  
Current liabilities held for sale 170.6 140.0  
Intercompany payables 190.3 276.7  
Total current liabilities 996.7 959.3  
Long-term debt 255.8 214.1  
Pension and postretirement benefits 65.3 67.1  
Environmental liabilities 62.2 62.8  
Deferred income taxes 809.7 749.1  
Other income tax liabilities 129.2 94.1  
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent   22.6  
Intercompany loans payable 0.0 0.0  
Other liabilities 281.6 344.2  
Total Liabilities 2,600.5 2,513.3  
Shareholders' Equity 29,730.3 29,769.4  
Total Liabilities and Shareholders' Equity 32,330.8 32,282.7  
Eliminations      
Current Assets:      
Cash and cash equivalents 0.0 0.0 $ 0.0
Accounts receivable, net 0.0 0.0  
Inventories 0.0 0.0  
Prepaid expenses and other current assets 0.0 0.0  
Notes receivable 0.0 0.0  
Current assets held for sale 0.0 0.0  
Intercompany receivables (427.2) (1,074.8)  
Total current assets (427.2) (1,074.8)  
Property, plant and equipment, net 0.0 0.0  
Goodwill 0.0 0.0  
Intangible assets, net 0.0 0.0  
Disposal Group, Including Discontinued Operation, Assets, Noncurrent   0.0  
Investment in subsidiaries (41,469.6) (42,125.6)  
Intercompany loans receivable (5,791.9) (5,257.9)  
Other assets 0.0 0.0  
Total Assets (47,688.7) (48,458.3)  
Current Liabilities:      
Current maturities of long-term debt 0.0 0.0  
Accounts payable 0.0 0.0  
Accrued payroll and payroll-related costs 0.0 0.0  
Accrued interest 0.0 0.0  
Income taxes payable 0.0 0.0  
Accrued and other current liabilities 0.0 0.0  
Current liabilities held for sale 0.0 0.0  
Intercompany payables (427.2) (1,074.8)  
Total current liabilities (427.2) (1,074.8)  
Long-term debt 0.0 0.0  
Pension and postretirement benefits 0.0 0.0  
Environmental liabilities 0.0 0.0  
Deferred income taxes 0.0 0.0  
Other income tax liabilities 0.0 0.0  
Disposal Group, Including Discontinued Operation, Liabilities, Noncurrent   0.0  
Intercompany loans payable (5,791.9) (5,257.9)  
Other liabilities 0.0 0.0  
Total Liabilities (6,219.1) (6,332.7)  
Shareholders' Equity (41,469.6) (42,125.6)  
Total Liabilities and Shareholders' Equity (47,688.7) (48,458.3)  
Ordinary A      
Condensed Consolidating Financial Statements      
Ordinary A shares $ 0.0 $ 0.0