v3.26.1
Business Combinations (Tables)
 3 Months Ended
May 02, 2026
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Total Purchase Consideration
The following table summarizes the total purchase consideration for Celestial (in millions):

Cash consideration$1,279.7 
Common stock issued (24.5 million shares of the Company's common stock)
1,929.0 
Stock consideration for replacement equity awards attributable to pre-combination service12.9 
Contingent consideration315.8 
Total purchase consideration3,537.4 
Less: Cash and cash equivalents acquired(302.8)
Total purchase consideration, net of cash acquired$3,234.6 
The following table summarizes the total purchase consideration for XConn (in millions):

Cash consideration$272.1 
Common stock issued (2.1 million shares of the Company's common stock)
168.9 
Stock consideration for replacement equity awards attributable to pre-combination service20.5 
Settlement of pre-existing contractual relationship7.5 
Total purchase consideration469.0 
Less: Cash acquired(0.6)
Total purchase consideration, net of cash acquired$468.4 
Schedule of Purchase Price Allocation
The purchase price allocation for Celestial is as follows (in millions):

Cash and cash equivalents$302.8 
Goodwill2,404.4 
Acquired intangible assets, net951.0 
Deferred tax liabilities(94.3)
Other, net(26.5)
Total purchase consideration$3,537.4 
The purchase price allocation for XConn is as follows (in millions):

Goodwill$394.9 
Acquired intangible assets, net81.0 
Other, net(6.9)
Total purchase consideration$469.0