XML 13 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Jul. 01, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 350.1 $ 325.7
Accounts receivable, net 589.3 624.8
Inventories 371.7 363.3
Other current assets 163.9 136.8
Total current assets 1,475.0 1,450.6
Property and equipment, net 228.5 233.2
Operating lease right-of-use assets 133.2 141.0
Goodwill 3,886.0 3,981.5
Other purchased intangible assets, net 432.9 506.6
Deferred income tax assets 464.0 502.0
Other non-current assets 299.9 284.7
Total assets 6,919.5 7,099.6
Current liabilities:    
Short-term debt 300.0 0.0
Accounts payable 191.7 207.3
Accrued compensation and benefits 168.4 231.0
Deferred revenue 599.2 548.8
Other current liabilities 190.2 201.5
Total current liabilities 1,449.5 1,188.6
Long-term debt 994.1 1,293.2
Deferred revenue, non-current 86.0 83.0
Deferred income tax liabilities 198.4 263.1
Income taxes payable 40.9 54.5
Operating lease liabilities 114.4 121.4
Other non-current liabilities 141.7 151.1
Total liabilities 3,025.0 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; 247.6 and 250.9 shares issued and outstanding at the end of the second quarter of 2022 and year end 2021 0.2 0.3
Additional paid-in-capital 1,987.7 1,935.6
Retained earnings 2,145.7 2,170.5
Accumulated other comprehensive loss (239.1) (161.7)
Total stockholders' equity 3,894.5 3,944.7
Total liabilities and stockholders' equity $ 6,919.5 $ 7,099.6