XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Oct. 03, 2021
Jan. 03, 2021
Current assets:    
Cash and cash equivalents $ 255.9 $ 132.8
Accounts receivable (net of allowance for credit losses of $9.7 and $9.8, respectively) 237.8 318.7
Inventories 308.3 278.7
Other current assets 141.8 127.0
Total current assets 943.8 857.2
Property, plant and equipment, net 782.6 832.0
Goodwill 570.8 580.1
Intangible assets, net 912.5 1,016.7
Deferred income taxes 7.1 8.0
Other assets 93.0 107.5
Total assets 3,309.9 3,401.5
Current liabilities:    
Accounts payable 139.3 146.2
Accrued liabilities 251.5 284.7
Deferred revenue 32.6 35.5
Current portion of borrowings 64.4 160.0
Total current liabilities 487.7 626.4
Long-term borrowings 2,206.9 3,558.5
Employee-related obligations 39.9 39.3
Other liabilities 94.2 120.8
Deferred income taxes 84.4 67.3
Total liabilities 2,913.0 4,412.3
Commitments and contingencies (Note 15)
Shareholders’ Equity (Deficit):    
Preferred redeemable shares, $1.39 nominal value per share, 50,000 and no shares issued and outstanding as of October 3, 2021 and January 3, 2021, respectively 0.1 0.0
Ordinary shares, $0.00001 par, 1,000,000,000 shares authorized, 236,679,437 and 147,295,511 shares issued and outstanding as of October 3, 2021 and January 3, 2021, respectively 0.0 0.0
Additional paid-in capital 2,419.7 975.1
Accumulated deficit (1,961.9) (1,917.5)
Accumulated other comprehensive loss (61.0) (68.4)
Total shareholders’ equity (deficit) 396.9 (1,010.8)
Total liabilities and shareholders’ equity (deficit) $ 3,309.9 $ 3,401.5