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Consolidated Balance Sheets - USD ($)
$ in Millions
Oct. 01, 2022
Jan. 01, 2022
Current assets    
Cash and cash equivalents $ 95.5 $ 128.4
Accounts receivable, net of allowance of $21.2 ($20.8 as of January 1, 2022) 287.4 261.6
Inventories 113.5 94.6
Prepaid expenses and other current assets 47.4 25.2
Total current assets 543.8 509.8
Property, plant and equipment, net 693.5 718.1
Operating lease right-of-use-assets 178.9 177.4
Goodwill 1,267.1 1,321.4
Intangible assets, net 890.6 969.8
Other long-term assets, net 27.0 26.9
Total assets 3,600.9 3,723.4
Current liabilities    
Short-term borrowings 248.1 222.1
Current maturities of long-term debt 16.2 17.7
Accounts payable and accrued liabilities 425.3 437.7
Current operating lease obligations 30.5 32.3
Total current liabilities 720.1 709.8
Long-term debt 1,239.3 1,321.1
Operating lease obligations 152.7 148.7
Deferred tax liabilities 160.6 158.8
Other long-term liabilities 65.5 64.9
Total liabilities 2,338.2 2,403.3
Shareholders' Equity    
Common shares, no par value - 160,435,322 (January 1, 2022 - 160,732,552) shares issued 1,286.6 1,286.9
Additional paid-in-capital 90.4 85.9
(Accumulated deficit) retained earnings (50.3) 16.4
Accumulated other comprehensive loss (64.0) (69.1)
Total shareholders' equity 1,262.7 1,320.1
Total liabilities and shareholders' equity $ 3,600.9 $ 3,723.4