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Condensed Consolidated Balance Sheets
$ in Millions
Mar. 31, 2023
USD ($)
$ / shares
shares
Dec. 30, 2022
USD ($)
$ / shares
shares
Cash and cash equivalents $ 480.0 $ 409.5
Accounts receivable, less allowance for doubtful accounts of $5.1 and $4.4 395.1 405.3
Inventories 895.4 947.6
Prepaid expenses and other current assets 120.7 273.4
Assets, Current 1,891.2 2,035.8
Property, plant and equipment, net 454.4 457.6
Intangible assets, net 2,710.6 2,843.8
Other assets 205.2 201.1
Assets 5,770.8 6,013.8
Current maturities of long-term debt 44.1 44.1
Accounts payable 86.4 114.0
Accrued payroll and payroll-related costs 35.4 49.5
Accrued interest 76.8 29.0
Medicaid lawsuit liability 16.5 16.5
Opioid-Related Litigation Settlement liability, Current 200.0 200.0
Accrued and other current liabilities 234.5 290.7
Liabilities, Current 693.7 743.8
Long-term debt 3,041.6 3,027.7
Opioid-Related Litigation Settlement liability 419.6 379.9
Acthar Gel-Related Settlement, Non-current 81.2 75.0
Pension and postretirement benefits 41.2 41.0
Environmental liabilities 35.6 35.8
Other income tax liabilities 18.5 18.2
Other liabilities 75.0 78.7
Liabilities 4,406.4 4,400.1
Preferred shares 0.0 0.0
Ordinary A shares 0.0 0.0
Ordinary shares $ 0.1 $ 0.1
Preferred shares, par value (in usd per share) | $ / shares $ 0.01 $ 0.01
Preferred shares, shares authorized (in shares) | shares 500,000,000 500,000,000
Preferred shares, shares issued (in shares) | shares 0 0
Preferred shares, shares outstanding (in shares) | shares 0 0
Deferred Tax Assets, Net $ 509.4 $ 475.5
Ordinary shares, shares issued (in shares) | shares 13,170,932 13,170,932
Ordinary shares, shares authorized (in shares) | shares 500,000,000 500,000,000
Common Stock, Shares, Outstanding | shares 13,170,932 13,170,932
Ordinary shares, par value (in usd per share) | $ / shares $ 0.01 $ 0.01
Additional Paid in Capital $ 2,193.6 $ 2,191.0
Accumulated Other Comprehensive Income (Loss), Net of Tax 8.2 10.8
Retained deficit (837.5) (588.2)
Stockholders' Equity Attributable to Parent 1,364.4 1,613.7
Liabilities and Equity 5,770.8 6,013.8
Current Assets:    
Cash and cash equivalents 480.0 409.5
Accounts receivable, less allowance for doubtful accounts of $5.1 and $4.4 395.1 405.3
Inventories 895.4 947.6
Prepaid expenses and other current assets 120.7 273.4
Total current assets 1,891.2 2,035.8
Property, plant and equipment, net 454.4 457.6
Intangible assets, net 2,710.6 2,843.8
Other assets 205.2 201.1
Total Assets 5,770.8 6,013.8
Current Liabilities:    
Current maturities of long-term debt 44.1 44.1
Accounts payable 86.4 114.0
Accrued payroll and payroll-related costs 35.4 49.5
Accrued interest 76.8 29.0
Accrued and other current liabilities 234.5 290.7
Total current liabilities 693.7 743.8
Pension and postretirement benefits 41.2 41.0
Environmental liabilities 35.6 35.8
Other income tax liabilities 18.5 18.2
Other liabilities 75.0 78.7
Total Liabilities and Shareholders' Equity 5,770.8 6,013.8
Other liabilities 4,406.4 4,400.1
Shareholders' Equity:    
Preferred shares $ 0.0 $ 0.0
Preferred shares, shares outstanding (in shares) | shares 0 0
Ordinary A shares $ 0.0 $ 0.0
Ordinary shares 0.1 0.1
Additional Paid in Capital 2,193.6 2,191.0
Retained deficit (837.5) (588.2)
Accumulated Other Comprehensive Income (Loss), Net of Tax 8.2 10.8
Total Shareholders' Equity $ 1,364.4 $ 1,613.7
Ordinary A    
Ordinary shares, shares issued (in shares) | shares 0 0.00
Ordinary shares, shares authorized (in shares) | shares 40,000 40,000
Shareholders' Equity:    
Ordinary A shares, shares outstanding (in shares) | shares 0 0