XML 49 R39.htm IDEA: XBRL DOCUMENT v3.20.2
Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 26, 2020
Jun. 28, 2019
Dec. 26, 2014
Jun. 26, 2020
Jun. 28, 2019
Dec. 27, 2019
Income Taxes [Line Items]            
Income tax expense (benefit) $ 161.3 $ (24.3)   $ 142.4 $ (229.0)  
Increase (decrease) tax benefit (185.6)     371.4    
Increase (Decrease) Tax Benefit, Intercompany Financing Reorganization 4.3     197.1    
(Loss) income from continuing operations before income taxes $ (789.3) $ (24.8)   $ (864.9) $ (74.3)  
Effective tax rate (20.40%) 98.00%   (16.50%) 308.20%  
Current Income Tax Expense (Benefit) $ 146.5 $ (5.6)   $ 168.8 $ (44.1)  
Deferred Income Tax Expense (Benefit) 307.8 $ (29.9)   (311.2) $ (273.1)  
Income Taxes Paid, Net       32.8   $ 30.7
Operating Loss Carryforwards 891.3     891.3    
Unrecognized tax benefits 465.0     465.0   398.6
Unrecognized tax benefits, net increase       66.4    
Unrecognized Tax Benefits, Increase Resulting from Prior Period Tax Positions       40.3    
Unrecognized Tax Benefits, Reduction Resulting from Lapse of Applicable Statute of Limitations       25.3    
Unrecognized tax benefits, which if favorably settled would benefit the effective tax rate 197.8     197.8    
Interest accrued on unrecognized tax benefits 28.0     28.0   $ 32.9
Unrecognized tax benefits that would impact effective tax rate, upper bound of change 109.3     109.3    
Income tax penalties and interest accrued that would impact effective tax rate, upper bound of change 18.7     18.7    
Increase (Decrease) Tax Expense (Benefit), Change in Operating Income 11.7     17.7    
Increase (Decrease), Tax Expense (Benefit), Gain on Debt Repurchases (7.2)     (8.9)    
Increase (Decrease), Tax Expense (Benefit), Restructuring 0.9     0.5    
Increase (Decrease), Tax Expense (Benefit), CARES Act 38.1     49.6    
Increase (Decrease), Tax Expense (Benefit), Separation Costs 4.6     3.4    
Increase (Decrease), Tax Expense (Benefit), Non-restructuring Impairment Charges 8.5     8.5    
Unrecognized Tax Benefits, Increase Resulting from Current Period Tax Positions       51.7    
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities       0.3    
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount 341.6          
Valuation Allowance, Deferred Tax Asset, Increase (Decrease), Amount 341.6          
Opioid-Related Litigation Settlement charge [Member]            
Income Taxes [Line Items]            
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount 202.7     202.7    
Medicaid Lawsuit [Member]            
Income Taxes [Line Items]            
Effective Income Tax Rate Reconciliation, Change in Deferred Tax Assets Valuation Allowance, Amount 138.9          
Nuclear Imaging            
Income Taxes [Line Items]            
Income tax expense (benefit) 17.3          
Unrecognized Tax Benefits, Interest on Income Taxes Expense $ 18.1          
CARES Act [Member]            
Income Taxes [Line Items]            
Proceeds from Income Tax Refunds       200.5    
Income tax expense (benefit)       $ (49.6)    
Internal Revenue Service (IRS) [Member] | Cadence Pharmaceuticals, Inc. [Member]            
Income Taxes [Line Items]            
Proposed Adjustment to Taxable Income     $ 871.0