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Condensed Consolidated Balance Sheets
$ in Millions
Jun. 30, 2023
USD ($)
$ / shares
shares
Dec. 30, 2022
USD ($)
$ / shares
shares
Cash and cash equivalents $ 480.6 $ 409.5
Accounts receivable, less allowance for doubtful accounts of $4.0 and $4.4 391.2 405.3
Inventories 860.5 947.6
Prepaid expenses and other current assets 123.2 273.4
Assets, Current 1,855.5 2,035.8
Property, plant and equipment, net 453.2 457.6
Intangible assets, net 2,581.3 2,843.8
Other assets 216.9 201.1
Assets 5,106.9 6,013.8
Current maturities of long-term debt 2,361.0 44.1
Accounts payable 83.4 114.0
Accrued payroll and payroll-related costs 51.7 49.5
Accrued interest 81.0 29.0
Medicaid lawsuit liability 21.4 16.5
Opioid-Related Litigation Settlement liability, Current 400.0 200.0
Accrued and other current liabilities 256.8 290.7
Liabilities, Current 3,255.3 743.8
Long-term debt 737.6 3,027.7
Opioid-Related Litigation Settlement liability 258.0 379.9
Acthar Gel-Related Settlement, Non-current 65.8 75.0
Pension and postretirement benefits 41.0 41.0
Environmental liabilities 35.2 35.8
Other income tax liabilities 18.9 18.2
Other liabilities 69.7 78.7
Liabilities 4,481.5 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 $ 0.0 $ 475.5
Ordinary shares, shares issued (in shares) | shares 13,353,356 13,170,932
Ordinary shares, shares authorized (in shares) | shares 500,000,000 500,000,000
Common Stock, Shares, Outstanding | shares 13,289,180 13,170,932
Ordinary shares, par value (in usd per share) | $ / shares $ 0.01 $ 0.01
Treasury Stock, Common, Shares | shares 64,176 0
Additional Paid in Capital $ 2,196.1 $ 2,191.0
Accumulated Other Comprehensive Income (Loss), Net of Tax 14.6 10.8
Retained deficit (1,585.3) (588.2)
Stockholders' Equity Attributable to Parent 625.4 1,613.7
Liabilities and Equity 5,106.9 6,013.8
Ordinary shares held in treasury at cost (0.1) 0.0
Current Assets:    
Cash and cash equivalents 480.6 409.5
Accounts receivable, less allowance for doubtful accounts of $4.0 and $4.4 391.2 405.3
Inventories 860.5 947.6
Prepaid expenses and other current assets 123.2 273.4
Total current assets 1,855.5 2,035.8
Property, plant and equipment, net 453.2 457.6
Intangible assets, net 2,581.3 2,843.8
Other assets 216.9 201.1
Total Assets 5,106.9 6,013.8
Current Liabilities:    
Current maturities of long-term debt 2,361.0 44.1
Accounts payable 83.4 114.0
Accrued payroll and payroll-related costs 51.7 49.5
Accrued interest 81.0 29.0
Accrued and other current liabilities 256.8 290.7
Total current liabilities 3,255.3 743.8
Pension and postretirement benefits 41.0 41.0
Environmental liabilities 35.2 35.8
Other income tax liabilities 18.9 18.2
Other liabilities 69.7 78.7
Total Liabilities and Shareholders' Equity 5,106.9 6,013.8
Other liabilities 4,481.5 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 2,196.1 2,191.0
Retained deficit (1,585.3) (588.2)
Accumulated Other Comprehensive Income (Loss), Net of Tax 14.6 10.8
Total Shareholders' Equity $ 625.4 $ 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