Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Sep. 26, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,133.9	$ 1,069.1
Trade accounts receivable, less allowance for credit losses of $21.8 and $26.6, respectively	405.9	363.0
Inventories, net	290.8	241.0
Prepaid expenses and other current assets	117.7	115.2
Total current assets	1,948.3	1,788.3
Property, plant and equipment, net	288.4	277.0
Operating lease right-of-use assets	148.0	142.8
Other long-term assets	249.3	230.6
Goodwill, net	2,362.7	2,261.9
Other intangible assets, net	645.8	649.9
Total assets	5,642.5	5,350.5
Current liabilities:
Short-term debt	0.0	116.0
Trade accounts payable	156.0	174.6
Accrued expenses and other liabilities	626.5	553.6
Operating lease liabilities	39.2	34.5
Total current liabilities	821.7	878.7
Operating lease liabilities	117.5	118.9
Other long-term liabilities	169.7	139.8
Long-term debt	1,445.4	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 September 26, 2025 and December 31, 2024	0.0	0.0
Common stock, $0.01 par value, 500.0 million shares authorized; 175.3 million shares issued and 165.0 million shares outstanding at September 26, 2025; 174.2 million shares issued and 172.2 million shares outstanding at December 31, 2024	1.8	1.7
Treasury stock at cost; 10.3 million shares and 2.0 million shares at September 26, 2025 and December 31, 2024, respectively	(199.0)	(50.5)
Additional paid-in capital	3,871.8	3,842.1
Accumulated deficit	(473.3)	(487.4)
Accumulated other comprehensive loss	(113.1)	(371.1)
Total stockholders’ equity	3,088.2	2,934.8
Total liabilities and stockholders’ equity	$ 5,642.5	$ 5,350.5