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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 27, 2024
Dec. 29, 2023
Current Assets:    
Cash and cash equivalents $ 382.6 $ 262.7
Accounts receivable, less allowance for doubtful accounts of $6.2 and $6.5 395.3 377.5
Inventories 664.9 982.7
Prepaid expenses and other current assets 186.3 138.9
Total current assets 1,629.1 1,761.8
Property, plant and equipment, net 390.6 321.7
Intangible assets, net 419.4 608.4
Deferred income taxes 651.8 801.0
Other assets 211.7 240.7
Total Assets 3,302.6 3,733.6
Current Liabilities:    
Current maturities of long-term debt 3.9 6.5
Accounts payable 57.8 100.4
Accrued payroll and payroll-related costs 108.1 82.8
Accrued interest 9.2 20.1
Acthar Gel-Related Settlement liability 21.3 21.5
Accrued and other current liabilities 231.1 269.9
Total current liabilities 431.4 501.2
Long-term debt 909.5 1,755.9
Acthar Gel-Related Settlement 126.5 128.5
Pension and postretirement benefits 26.5 40.6
Environmental liabilities 34.3 35.1
Deferred income taxes 0.1 0.0
Other income tax liabilities 25.7 19.6
Other liabilities 102.9 92.5
Total Liabilities $ 1,656.8 $ 2,573.4
Shareholders' Equity:    
Ordinary Shares Par Or Stated Value Per Share $ 0.01 $ 0.01
Ordinary Shares Outstanding 19,696,335 19,696,335
Ordinary Shares Issued 19,696,335 19,696,335
Additional paid-in capital $ 1,199.8 $ 1,194.6
Retained earnings (deficit) 439.7 (38.2)
Accumulated other comprehensive income 6.1 3.6
Total Shareholders' Equity 1,645.8 1,160.2
Total Liabilities and Shareholders' Equity $ 3,302.6 $ 3,733.6
Ordinary A shares, shares authorized (in shares) 25,000 25,000
Ordinary A shares, shares issued (in shares) 0 0
Ordinary A shares, shares outstanding (in shares) 0 0
Ordinary Shares Authorized 500,000,000 500,000,000
Predecessor Reorganization    
Current Liabilities:    
Preferred shares, shares outstanding (in shares)   0
Preferred shares, shares issued (in shares)   0
Preferred shares, shares authorized (in shares)   500,000,000
Preferred shares, par value (in usd per share)   $ 0.20
Shareholders' Equity:    
Ordinary shares, shares authorized (in shares)   500,000,000
Successor    
Current Liabilities:    
Preferred shares, shares outstanding (in shares) 0  
Preferred shares, shares issued (in shares) 0  
Preferred shares, shares authorized (in shares) 500,000,000  
Preferred shares, par value (in usd per share) $ 0.01  
Shareholders' Equity:    
Common Stock, Other Value, Outstanding $ 0.0 $ 0.0
Common Stock, Value, Outstanding $ 0.2 $ 0.2
Ordinary shares, shares authorized (in shares) 500,000,000