v3.26.1
Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Jun. 28, 2026
Dec. 28, 2025
Current assets:    
Cash and cash equivalents $ 123.4 $ 169.8
Accounts receivable, net 352.0 417.0
Inventories 618.9 577.6
Prepaid expenses and other current assets 249.9 250.5
Assets held for sale 32.4 32.4
Total current assets 1,376.6 1,447.3
Property, plant and equipment, net 1,338.6 1,358.3
Right-of-use assets 155.8 155.5
Intangible assets, net 2,678.4 2,563.8
Other assets 165.9 244.4
Total assets 5,715.3 5,769.3
Current liabilities:    
Accounts payable 236.5 279.4
Accrued payroll and related expenses 76.8 120.3
Income tax payable 14.0 11.5
Current portion of borrowings 355.7 178.3
Other current liabilities 310.4 376.6
Total current liabilities 993.4 966.1
Operating lease liabilities 152.5 154.4
Long-term borrowings 2,535.4 2,471.9
Deferred tax liabilities 122.1 90.0
Other liabilities 137.0 166.4
Total liabilities 3,940.4 3,848.8
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Preferred stock, $0.001 par value per share; 5.0 shares authorized; none issued or outstanding at June 28, 2026 and December 28, 2025 0.0 0.0
Common stock, $0.001 par value per share; 126.2 shares authorized; 68.3 and 67.9 shares issued and outstanding at June 28, 2026 and December 28, 2025, respectively 0.1 0.1
Additional paid-in capital 2,954.7 2,931.8
Accumulated other comprehensive income (loss) 0.8 (15.4)
Accumulated deficit (1,180.7) (996.0)
Total stockholders’ equity 1,774.9 1,920.5
Total liabilities and stockholders’ equity $ 5,715.3 $ 5,769.3