v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 28, 2026
Dec. 28, 2025
Current Assets    
Cash and cash equivalents $ 340.1 $ 352.4
Accounts receivable, net 937.7 992.4
Unbilled receivables, net 425.8 374.6
Inventories, net 1,166.4 1,043.3
Prepaid expenses and other current assets 330.6 292.9
Total current assets 3,200.6 3,055.6
Property, plant and equipment, net of accumulated depreciation and amortization of $1,146.3 at June 28, 2026 and $1,107.9 at December 28, 2025 833.8 839.1
Goodwill 8,661.9 8,687.6
Acquired intangibles, net 1,984.2 2,100.1
Prepaid pension assets 295.3 286.2
Other assets, net 304.6 316.7
Total Assets 15,280.4 15,285.3
Current Liabilities    
Accounts payable 492.3 486.6
Accrued liabilities 975.0 923.4
Current portion of long-term debt 0.1 450.1
Total current liabilities 1,467.4 1,860.1
Long-term debt, net of current portion 2,026.9 2,025.3
Long-term deferred tax liabilities 378.2 369.6
Other long-term liabilities 489.4 516.4
Total Liabilities 4,361.9 4,771.4
Commitments and contingencies (see Note 15)
Redeemable Noncontrolling Interest 0.0 0.0
Stockholders’ Equity    
Preferred stock, $0.01 par value; outstanding shares—none 0.0 0.0
Common stock, $0.01 par value; issued shares: 47,417,939 at June 28, 2026 and 47,424,847 at December 28, 2025; outstanding shares: 46,355,253 at June 28, 2026 and 46,185,578 at December 28, 2025 0.5 0.5
Additional paid-in capital 4,352.9 4,383.2
Retained earnings 7,619.3 7,140.8
Treasury stock, 1,062,686 shares at June 28, 2026 and 1,239,269 at December 28, 2025 (519.1) (585.2)
Accumulated other comprehensive income (loss) (535.1) (425.4)
Total Stockholders’ Equity 10,918.5 10,513.9
Total Liabilities, Redeemable Noncontrolling Interest and Stockholders’ Equity $ 15,280.4 $ 15,285.3