XML 15 R4.htm IDEA: XBRL DOCUMENT v3.21.2
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jul. 04, 2021
Jan. 03, 2021
Current assets:    
Cash and cash equivalents $ 200.9 $ 132.8
Accounts receivable (net of allowance for credit losses of $9.7 and $9.8, respectively) 226.4 318.7
Inventories 305.0 278.7
Other current assets 136.6 127.0
Total current assets 868.9 857.2
Property, plant and equipment, net 799.5 832.0
Goodwill 578.4 580.1
Intangible assets, net 950.7 1,016.7
Deferred income taxes 7.3 8.0
Other assets 99.5 107.5
Total assets 3,304.2 3,401.5
Current liabilities:    
Accounts payable 146.4 146.2
Accrued liabilities 230.6 284.7
Deferred revenue 36.6 35.5
Current portion of borrowings 65.6 160.0
Total current liabilities 479.1 626.4
Long-term borrowings 2,229.4 3,558.5
Employee-related obligations 39.6 39.3
Other liabilities 99.0 120.8
Deferred income taxes 81.5 67.3
Total liabilities 2,928.7 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 July 4, 2021 and January 3, 2021, respectively 0.1 0.0
Ordinary shares, $0.00001 par, 1,000,000,000 shares authorized, 234,921,002 and 147,295,511 shares issued and outstanding as of July 4, 2021 and January 3, 2021, respectively 0.0 0.0
Additional paid-in capital 2,407.0 975.1
Accumulated deficit (1,976.6) (1,917.5)
Accumulated other comprehensive loss (54.9) (68.4)
Total shareholders’ equity (deficit) 375.6 (1,010.8)
Total liabilities and shareholders’ equity (deficit) $ 3,304.2 $ 3,401.5