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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2026
Dec. 31, 2025
Current Assets:    
Cash and cash equivalents $ 824.9 $ 812.8
Accounts receivable, less allowance for doubtful accounts of $1.2 and $1.1 353.1 299.1
Inventories 487.3 553.5
Prepaid expenses and other current assets 253.4 254.9
Total current assets 1,918.7 1,920.3
Property, plant and equipment, net 187.2 185.4
Goodwill 24.9 31.8
Intangible assets, net 2,174.2 2,229.6
Deferred income taxes 643.3 654.8
Other assets 526.5 606.7
Total Assets 5,474.8 5,628.6
Current Liabilities:    
Current maturities of long-term debt 15.0 15.0
Accounts payable 89.0 77.9
Accrued payroll and payroll-related costs 61.7 120.7
Accrued interest 39.3 18.0
Acthar Gel-Related Settlement 33.7 33.7
Accrued rebates and returns 229.5 241.0
Accrued and other current liabilities 170.1 165.8
Total current liabilities 638.3 672.1
Long-term debt 2,525.4 2,532.3
Acthar Gel-Related Settlement 116.8 112.1
Deferred income taxes 107.7 115.6
Other income tax liabilities 19.1 18.8
Other liabilities 109.1 112.5
Total Liabilities 3,516.4 3,563.4
Commitments and contingencies (Note 13)
Shareholders' Equity:    
Preferred Shares, $0.001 par value, 3,000,000,000,000 authorized; none issued and outstanding 0.0 0.0
Additional paid-in capital 2,124.7 2,115.5
Accumulated other comprehensive (loss) income (1.5) 1.0
Accumulated deficit (165.2) (51.7)
Total Shareholders' Equity 1,958.4 2,065.2
Total Liabilities and Shareholders' Equity 5,474.8 5,628.6
Ordinary A    
Shareholders' Equity:    
Ordinary shares 0.0 0.0
Ordinary Shares    
Shareholders' Equity:    
Ordinary shares $ 0.4 $ 0.4