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Consolidated Balance Sheets - USD ($)
$ in Millions
Jan. 03, 2025
Dec. 29, 2023
Current assets:    
Cash and cash equivalents $ 738.8 $ 229.8
Accounts receivable, net 725.8 706.6
Inventories 194.3 235.7
Prepaid expenses 103.3 89.8
Other current assets 196.2 147.8
Assets held for sale 312.0 421.2
Total current assets 2,270.4 1,830.9
Property and equipment, net 188.4 202.5
Operating lease right-of-use assets 123.5 124.0
Goodwill 4,988.4 5,350.6
Other purchased intangible assets, net 998.1 1,243.5
Deferred income tax assets 294.4 412.3
Equity investments 361.0 127.7
Other non-current assets 264.1 247.8
Total assets 9,488.3 9,539.3
Current liabilities:    
Short-term debt 0.0  
Short-term debt   530.4
Accounts payable 161.6 165.3
Accrued compensation and benefits 227.2 181.2
Deferred revenue 800.4 663.1
Income taxes payable 325.0 39.7
Other current liabilities 211.2 201.3
Liabilities held for sale 62.6 48.3
Total current liabilities 1,788.0 1,829.3
Long-term debt 1,390.6 2,536.2
Deferred revenue, non-current 95.6 98.3
Deferred income tax liabilities 199.9 287.8
Operating lease liabilities 123.4 121.9
Other non-current liabilities 145.5 165.7
Total liabilities 3,743.0 5,039.2
Commitments and contingencies (Note 10)
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; 245.8 and 246.5 shares issued and outstanding at the end of 2024 and 2023 0.2 0.2
Additional paid-in-capital 2,369.4 2,214.6
Retained earnings 3,757.6 2,437.4
Accumulated other comprehensive loss (381.9) (152.1)
Total stockholders' equity 5,745.3 4,500.1
Total liabilities and stockholders' equity $ 9,488.3 $ 9,539.3