Revenue from Contracts with Customers (Tables)

3 Months Ended

Mar. 28, 2025

Disaggregation of Revenue [Line Items]

Sales Reserves Rollforward

The following table reflects activity in the Company's sales reserve accounts:

	Rebates and Chargebacks (1)		Product Returns		Other Sales Deductions		Total
Balance as of December 29, 2023	$	201.6	$	14.5	$	11.3	$	227.4
Provisions	401.2		4.2		14.2		419.6
Payments or credits	(397.0)		(5.7)		(13.5)		(416.2)
Balance as of March 29, 2024	$	205.8	$	13.0	$	12.0	$	230.8
Balance as of December 27, 2024	$	197.5	$	14.8	$	16.5	$	228.8
Provisions	379.9		2.1		17.2		399.2
Payments or credits	(361.1)		(0.8)		(12.1)		(374.0)
Balance as of March 28, 2025	$	216.3	$	16.1	$	21.6	$	254.0

(1)Amounts classified within accrued and other current liabilities in the unaudited condensed consolidated balance sheets are comprised of $25.2 million and $26.4 million of accrued Medicaid and $55.2 million and $61.4 million of accrued rebates, of which $49.4 million and $39.8 million related to Acthar Managed Care and Medicare, as of March 28, 2025 and December 27, 2024, respectively.

Disaggregation of Revenue

Product sales transferred to customers at a point in time and over time were as follows:

	Three Months Ended
	March 28, 2025		March 29, 2024
Product sales transferred at a point in time	85.1	%	84.7	%
Product sales transferred over time	14.9		15.3

Contract with Customer, Timing of Satisfaction of Performance Obligation and Payment

The following table includes estimated revenue from contracts extending greater than one year for certain of the Company's hospital products that are expected to be recognized in the future related to performance obligations that were unsatisfied or partially unsatisfied as of March 28, 2025:

Remainder of Fiscal 2025	$	54.3
Fiscal 2026	62.5
Fiscal 2027	26.1
Thereafter	10.3