Goodwill and Intangible Assets (Tables)

12 Months Ended

Dec. 27, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

The gross carrying amount and accumulated amortization of intangible assets were comprised of the following at the end of each period:


	Successor
	December 27, 2024						December 29, 2023
	Gross Carrying Amount		Accumulated Amortization		Net Book Value		Gross Carrying Amount		Accumulated Amortization		Net Book Value

Completed technology	$	495.2	$	75.8	$	419.4	$	624.6	$	16.2	$	608.4

Intangible assets, net as of December 27, 2024 (Successor) consisted of the following:

Net Book Value

Amortization Method

Amortization Period (in years)

Segment

Amortizable completed technology:

Acthar Gel

86.3

Sum of the years digits

9.0

Specialty Brands

INOmax

30.4

Sum of the years digits

7.0

Specialty Brands

Terlivaz

55.1

Straight-line

4.5

Specialty Brands

Generics

175.1

Straight-line

17.0

Specialty Generics

APAP

72.5

Straight-line

19.0

Specialty Generics

419.4

Finite-lived Intangible Assets Amortization Expense

Intangible asset amortization expense was as follows:


	Successor				Predecessor
	Year Ended December 27, 2024		Period from November 15, 2023 through December 29, 2023		Period from December 31, 2022 through November 14, 2023		Period from June 17, 2022 through December 30, 2022		Period from January 1, 2022 through June 16, 2022
Amortization expense	$	80.3	$	16.2	$	449.6	$	318.7	$	281.8

Schedule of Future Amortization Expense, Intangible Assets

The estimated aggregate amortization expense on intangible assets owned by the Company and being amortized as of December 27, 2024 (Successor) is expected to be as follows:


Fiscal 2025	$	51.8
Fiscal 2026	48.4
Fiscal 2027	45.1
Fiscal 2028	41.8
Fiscal 2029	35.5