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CONSOLIDATED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2024
Dec. 31, 2023
Assets    
Cash, cash equivalents and restricted cash $ 558.8 $ 751.3
Accounts receivable, net of allowance for credit losses of $7.4 and $7.8, respectively 642.3 739.6
Inventories 1,081.8 1,140.9
Prepaid expenses and other current assets 199.0 201.1
Total current assets 2,481.9 2,832.9
Property, plant and equipment, net 917.8 916.4
Operating lease assets 175.2 183.6
Goodwill and indefinite-lived intangible assets 3,325.4 3,534.4
Definite-lived intangible assets, net 2,423.7 2,980.8
Deferred income taxes 5.1 25.8
Other non-current assets 318.6 335.2
Total non-current assets 7,165.8 7,976.2
Total assets 9,647.7 10,809.1
Liabilities and Shareholders’ Equity    
Accounts payable 495.2 477.7
Payroll and related taxes 123.2 127.0
Accrued customer programs 133.3 163.5
Other accrued liabilities 238.7 335.4
Accrued income taxes 17.4 42.1
Current indebtedness 36.4 440.6
Total current liabilities 1,044.2 1,586.3
Long-term debt, less current portion 3,581.7 3,632.8
Deferred income taxes 203.2 262.3
Other non-current liabilities 499.2 559.8
Total non-current liabilities 4,284.1 4,454.9
Total liabilities 5,328.3 6,041.2
Contingencies - Refer to Note 19
Controlling interests:    
Preferred shares, $0.0001 par value per share, 10 shares authorized 0.0 0.0
Ordinary shares, €0.001 par value per share, 10,000 shares authorized 6,733.9 6,837.5
Accumulated other comprehensive income (162.4) 10.7
Retained earnings (accumulated deficit) (2,252.1) (2,080.3)
Total shareholders’ equity 4,319.4 4,767.9
Total liabilities and shareholders' equity $ 9,647.7 $ 10,809.1
Supplemental Disclosures of Balance Sheet Information    
Preferred shares, issued (in shares) 0.0 0.0
Preferred shares, outstanding (in shares) 0.0 0.0
Ordinary shares, issued (in shares) 136.5 135.5
Ordinary shares, outstanding (in shares) 136.5 135.5