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Consolidated Balance Sheets
$ in Millions
Dec. 29, 2023
USD ($)
$ / shares
shares
Dec. 30, 2022
USD ($)
$ / shares
shares
Current Assets:    
Cash and cash equivalents $ 262.7 $ 409.5
Accounts receivable, less allowance for doubtful accounts of $6.5 and $4.4 377.5 405.3
Inventories 982.7 947.6
Prepaid expenses and other current assets 138.9 273.4
Total current assets 1,761.8 2,035.8
Property, plant and equipment, net 321.7 457.6
Intangible assets, net 608.4 2,843.8
Deferred income taxes 801.0 475.5
Other assets 240.7 201.1
Total Assets 3,733.6 6,013.8
Current Liabilities:    
Current maturities of long-term debt 6.5 44.1
Accounts payable 100.4 114.0
Accrued payroll and payroll-related costs 82.8 49.5
Accrued interest 20.1 29.0
Acthar Gel-Related Settlement liability 21.5 16.5
Opioid-Related Litigation Settlement liability 0.0 200.0
Accrued and other current liabilities 269.9 290.7
Total current liabilities 501.2 743.8
Long-term debt 1,755.9 3,027.7
Acthar Gel-Related Settlement liability 128.5 75.0
Opioid-Related Litigation Settlement liability 0.0 379.9
Pension and postretirement benefits 40.6 41.0
Environmental liabilities 35.1 35.8
Deferred income taxes 0.0 0.3
Other income tax liabilities 19.6 18.2
Other liabilities 92.5 78.7
Total Liabilities 2,573.4 $ 4,400.1
Preferred shares, shares outstanding (in shares) | shares   0
Preferred shares, shares issued (in shares) | shares   0
Preferred shares, shares authorized (in shares) | shares   500,000,000
Preferred shares, par value (in usd per share) | $ / shares   $ 0.01
Shareholders' Equity:    
Additional paid-in capital 1,194.6 $ 2,191.0
Retained deficit (38.2) (588.2)
Accumulated other comprehensive income 3.6 10.8
Total Shareholders' Equity 1,160.2 1,613.7
Total Liabilities and Shareholders' Equity $ 3,733.6 $ 6,013.8
Ordinary A shares, shares authorized (in shares) | shares 25,000 40,000
Ordinary A shares, shares issued (in shares) | shares 0 0
Ordinary A shares, shares outstanding (in shares) | shares 0 0
Ordinary shares, shares authorized (in shares) | shares 500,000,000 500,000,000
Predecessor Reorganization    
Current Liabilities:    
Preferred shares, shares outstanding (in shares) | shares   0
Preferred shares, shares issued (in shares) | shares   0
Preferred shares, shares authorized (in shares) | shares   500,000,000
Preferred shares, par value (in usd per share) | $ / shares   $ 0.20
Shareholders' Equity:    
Preferred Stock, Value, Outstanding $ 0.0 $ 0.0
Common Stock, Other Value, Outstanding 0.0 0.0
Common Stock, Value, Outstanding $ 0.0 $ 0.1
Ordinary shares, shares authorized (in shares) | shares   500,000,000
Successor    
Current Liabilities:    
Preferred shares, shares outstanding (in shares) | shares 0  
Preferred shares, shares issued (in shares) | shares 0  
Preferred shares, shares authorized (in shares) | shares 500,000,000  
Preferred shares, par value (in usd per share) | $ / shares $ 0.01  
Shareholders' Equity:    
Common Stock, Other Value, Outstanding $ 0.0 $ 0.0
Common Stock, Value, Outstanding $ 0.2 $ 0.0
Ordinary shares, shares authorized (in shares) | shares 500,000,000