v3.26.1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current Assets:    
Cash, cash equivalents and restricted cash $ 366.8 $ 376.9
Trade receivables, net of allowance for expected credit losses of $22.4 and $20.5 as of June 30, 2026 and December 31, 2025, respectively 575.4 431.8
Inventories 257.0 223.5
Prepaid expenses and other current assets 185.0 148.9
Current assets held for sale 32.6 36.7
Total current assets 1,416.8 1,217.8
Property, plant and equipment, net 2,126.6 2,185.5
Operating lease right-of-use-assets, net 513.9 539.3
Goodwill 3,596.7 3,581.9
Intangible assets, net 2,912.2 2,992.7
Other non-current assets 71.4 85.6
Total assets 10,637.6 10,602.8
Current Liabilities:    
Current portion of long-term debt 73.3 73.3
Trade payables 556.9 518.9
Accruals and other current liabilities 630.0 597.6
Current portion of operating lease obligations 86.5 92.9
Total current liabilities 1,346.7 1,282.7
Long-term debt, less current portion 5,083.0 5,084.6
Operating lease obligations, less current portion 454.3 474.4
Deferred income taxes 699.3 691.5
Other non-current liabilities 74.1 77.0
Total liabilities 7,657.4 7,610.2
Commitments and contingencies
Stockholders' Equity:    
Common stock, $0.01 par value, 900,000,000 shares authorized, 362,464,702 and 363,940,940 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively 3.6 3.7
Additional paid-in capital 5,039.4 5,017.3
Accumulated deficit (2,050.8) (2,014.5)
Accumulated other comprehensive loss (12.0) (13.9)
Total stockholders' equity 2,980.2 2,992.6
Total liabilities and stockholders' equity $ 10,637.6 $ 10,602.8