Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Jun. 27, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,110.6	$ 1,069.1
Trade accounts receivable, less allowance for credit losses of $23.1 and $26.6, respectively	422.8	363.0
Inventories, net	281.9	241.0
Prepaid expenses and other current assets	119.6	115.2
Total current assets	1,934.9	1,788.3
Property, plant and equipment, net	287.0	277.0
Operating lease right-of-use assets	141.9	142.8
Other long-term assets	264.9	230.6
Goodwill, net	2,369.6	2,261.9
Other intangible assets, net	666.1	649.9
Total assets	5,664.4	5,350.5
Current liabilities:
Short-term debt	0.0	116.0
Trade accounts payable	171.8	174.6
Accrued expenses and other liabilities	586.0	553.6
Operating lease liabilities	36.1	34.5
Total current liabilities	793.9	878.7
Operating lease liabilities	115.0	118.9
Other long-term liabilities	171.4	139.8
Long-term debt	1,445.1	1,278.3
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value, 15.0 million shares authorized; no shares issued or outstanding at June 27, 2025 and December 31, 2024	0.0	0.0
Common stock, $0.01 par value, 500.0 million shares authorized; 175.0 million shares issued and 166.8 million shares outstanding at June 27, 2025; 174.2 million shares issued and 172.2 million shares outstanding at December 31, 2024	1.7	1.7
Treasury stock at cost; 8.2 million shares and 2.0 million shares at June 27, 2025 and December 31, 2024, respectively	(156.5)	(50.5)
Additional paid-in capital	3,860.3	3,842.1
Accumulated deficit	(443.0)	(487.4)
Accumulated other comprehensive loss	(123.5)	(371.1)
Total stockholders’ equity	3,139.0	2,934.8
Total liabilities and stockholders’ equity	$ 5,664.4	$ 5,350.5