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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2021
Dec. 25, 2020
Current Assets:    
Cash and cash equivalents $ 1,345.0 $ 1,070.6
Accounts receivable, less allowance for doubtful accounts of $4.7 and $4.5 439.1 538.8
Inventories 347.2 344.9
Prepaid expenses and other current assets 178.3 350.0
Total current assets 2,309.6 2,304.3
Property, plant and equipment, net 776.0 833.1
Intangible assets, net 5,448.4 6,184.5
Other assets 382.3 393.5
Total Assets 8,916.3 9,715.4
Current Liabilities:    
Current maturities of long-term debt 1,388.9 3,587.9
Accounts payable 123.0 93.3
Accrued payroll and payroll-related costs 84.6 79.4
Accrued interest 17.0 26.9
Accrued and other current liabilities 328.7 331.2
Total current liabilities 1,942.2 4,118.7
Pension and postretirement benefits 30.1 34.6
Environmental liabilities 43.0 59.8
Deferred income taxes 20.9 80.6
Other income tax liabilities 83.2 100.1
Other liabilities 85.8 109.8
Liabilities subject to compromise (Note 2) 6,397.7 4,192.6
Total Liabilities 8,602.9 8,696.2
Shareholders' Equity:    
Preferred shares, $0.20 par value, 500,000,000 authorized; none issued or outstanding 0.0 0.0
Ordinary A shares, €1.00 par value, 40,000 authorized; none issued or outstanding 0.0 0.0
Ordinary shares, $0.20 par value, 500,000,000 authorized; 94,296,235 and 94,111,303 issued; 84,726,590 and 84,605,156 outstanding 18.9 18.8
Ordinary shares held in treasury at cost, 9,569,645 and 9,506,147 (1,616.1) (1,616.1)
Additional paid-in capital 5,597.8 5,587.6
Retained deficit (3,678.9) (2,961.5)
Accumulated other comprehensive loss (8.3) (9.6)
Total Shareholders' Equity 313.4 1,019.2
Total Liabilities and Shareholders' Equity 8,916.3 9,715.4
Cash and cash equivalents 1,345.0 1,070.6
Accounts receivable, less allowance for doubtful accounts of $4.7 and $4.5 439.1 538.8
Inventory, Net 347.2 344.9
Prepaid expenses and other current assets 178.3 350.0
Total current assets 2,309.6 2,304.3
Property, plant and equipment, net 776.0 833.1
Intangible Assets, Net (Excluding Goodwill) 5,448.4 6,184.5
Other assets 382.3 393.5
Assets 8,916.3 9,715.4
Current maturities of long-term debt 1,388.9 3,587.9
Accounts Payable, Current 123.0 93.3
Accrued payroll and payroll-related costs 84.6 79.4
Accrued interest 17.0 26.9
Accrued and other current liabilities 328.7 331.2
Total current liabilities 1,942.2 4,118.7
Pension and postretirement benefits 30.1 34.6
Environmental liabilities 43.0 59.8
Deferred income taxes 20.9 80.6
Other income tax liabilities 83.2 100.1
Other Liabilities, Noncurrent 85.8 109.8
Liabilities subject to compromise (Note 2) 6,397.7 4,192.6
Total Liabilities 8,602.9 8,696.2
Preferred shares, $0.20 par value, 500,000,000 authorized; none issued or outstanding 0.0 0.0
Ordinary A shares, €1.00 par value, 40,000 authorized; none issued or outstanding 0.0 0.0
Ordinary shares, $0.20 par value, 500,000,000 authorized; 94,296,235 and 94,111,303 issued; 84,726,590 and 84,605,156 outstanding 18.9 18.8
Treasury Stock, Value 1,616.1 1,616.1
Additional paid-in capital 5,597.8 5,587.6
Retained deficit (3,678.9) (2,961.5)
Accumulated Other Comprehensive Income (Loss), Net of Tax (8.3) (9.6)
Shareholders' equity 313.4 1,019.2
Total Liabilities and Shareholders' Equity $ 8,916.3 $ 9,715.4