XML 17 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Consolidated Balance Sheets (unaudited) - USD ($)
$ in Millions
Mar. 31, 2023
Dec. 30, 2022
Current assets:    
Cash and cash equivalents $ 1,038.1 $ 271.0
Accounts receivable, net 578.8 643.3
Inventories 409.4 402.5
Other current assets 212.6 201.4
Total current assets 2,238.9 1,518.2
Property and equipment, net 215.1 219.0
Operating lease right-of-use assets 113.2 121.2
Goodwill 4,176.6 4,137.9
Other purchased intangible assets, net 484.3 498.1
Deferred income tax assets 432.4 438.4
Other non-current assets 352.4 336.2
Total assets 8,012.9 7,269.0
Current liabilities:    
Short-term debt 300.0 300.0
Accounts payable 166.5 175.5
Accrued compensation and benefits 130.8 159.4
Deferred revenue 659.3 639.1
Other current liabilities 224.3 188.1
Total current liabilities 1,480.9 1,462.1
Long-term debt 1,786.9 1,220.0
Deferred revenue, non-current 101.5 98.5
Deferred income tax liabilities 119.9 157.8
Income taxes payable 40.9 40.9
Operating lease liabilities 99.6 105.1
Other non-current liabilities 138.0 134.4
Total liabilities 3,767.7 3,218.8
Commitments and contingencies (Note 11)
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; 247.4 and 246.9 shares issued and outstanding at the end of the first quarter of 2023 and year end 2022 0.2 0.2
Additional paid-in-capital 2,107.5 2,054.9
Retained earnings 2,355.9 2,230.0
Accumulated other comprehensive loss (218.4) (234.9)
Total stockholders' equity 4,245.2 4,050.2
Total liabilities and stockholders' equity $ 8,012.9 $ 7,269.0