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Additional Balance Sheet Information
12 Months Ended
Dec. 29, 2024
Accrued Liabilities, Current [Abstract]  
Additional Balance Sheet Information Additional Balance Sheet Information
Components of accrued liabilities are as follows:
(In millions)20242023
Royalties$308.4 $286.8 
Payroll and management incentives121.1 85.6 
Accrued income taxes93.3 61.6 
Deferred revenue88.6 101.6 
Other taxes60.9 68.7 
Advertising58.7 45.0 
Severance50.2 83.7 
Lag & cancellation charges48.9 118.9 
General vendor accruals46.1 51.9 
Interest31.3 29.9 
Current lease liability29.8 30.5 
Freight27.0 22.9 
Defined contribution plans21.4 29.7 
Professional fees18.2 12.4 
Insurance11.3 13.3 
Participation and residuals8.8 34.0 
Accrued expenses IIC & IIP0.7 0.7 
Dividends— 97.2 
Other35.1 41.4 
Total accrued liabilities$1,059.8 $1,215.8 
Prepaid expenses and other current assets include accrued income, current of $179.5 million and $85.6 million as of December 29, 2024 and December 31, 2023, respectively.

Other assets include deferred tax assets of $424.6 million and $427.9 million as of December 29, 2024 and December 31, 2023, respectively, and unamortized software development costs of $264.4 million and $154.3 million as of December 29, 2024 and December 31, 2023, respectively.