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Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Apr. 01, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 357.2 $ 325.7
Accounts receivable, net 655.7 624.8
Inventories 401.0 363.3
Other current assets 151.6 136.8
Total current assets 1,565.5 1,450.6
Property and equipment, net 235.0 233.2
Operating lease right-of-use assets 146.9 141.0
Goodwill 3,971.0 3,981.5
Other purchased intangible assets, net 468.7 506.6
Deferred income tax assets 494.9 502.0
Other non-current assets 295.4 284.7
Total assets 7,177.4 7,099.6
Current liabilities:    
Accounts payable 213.3 207.3
Accrued compensation and benefits 144.6 231.0
Deferred revenue 622.7 548.8
Other current liabilities 266.4 201.5
Total current liabilities 1,247.0 1,188.6
Long-term debt 1,293.7 1,293.2
Deferred revenue, non-current 81.2 83.0
Deferred income tax liabilities 237.6 263.1
Income taxes payable 54.5 54.5
Operating lease liabilities 127.8 121.4
Other non-current liabilities 147.7 151.1
Total liabilities 3,189.5 3,154.9
Commitments and contingencies (Note 12)
Stockholders' equity:    
Preferred stock, $0.001 par value; 3.0 shares authorized; none issued and outstanding 0.0 0.0
Common stock, $0.001 par value; 360.0 shares authorized; 250.1 and 250.9 shares issued and outstanding at the end of the first quarter of 2022 and year end 2021 0.3 0.3
Additional paid-in-capital 1,981.2 1,935.6
Retained earnings 2,170.3 2,170.5
Accumulated other comprehensive loss (163.9) (161.7)
Total stockholders' equity 3,987.9 3,944.7
Total liabilities and stockholders' equity $ 7,177.4 $ 7,099.6