Balance Sheet

v3.24.1.u1

Condensed Consolidated Balance Sheets (Unaudited) - USD ($) $ in Millions	Mar. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 398.3	$ 575.2
Receivables, net of allowance for doubtful accounts	87.9	81.2
Inventories	501.9	505.2
Prepaid expenses and other current assets	238.1	237.7
Total current assets	1,226.2	1,399.3
Property, plant, and equipment, at cost, net of accumulated depreciation and amortization	510.9	506.5
Operating lease right-of-use assets	179.1	185.8
Marketing-related intangibles and other intangible assets, net	313.6	314.0
Goodwill	93.9	95.4
Other assets	323.3	308.4
Total assets	2,647.0	2,809.4
Current liabilities:
Accounts payable	89.9	84.0
Royalty overrides	313.3	343.4
Current portion of long-term debt	2.9	309.5
Other current liabilities	538.6	540.7
Total current liabilities	944.7	1,277.6
Long-term debt, net of current portion	2,405.0	2,252.9
Non-current operating lease liabilities	163.9	167.6
Other non-current liabilities	170.0	171.6
Total liabilities	3,683.6	3,869.7
Commitments and contingencies
Shareholders' deficit:
Common shares, $0.0005 par value ; 2.0 billion shares authorized; 99.8 million (2024) and 99.2 million (2023) shares outstanding	0.1	0.1
Paid-in capital in excess of par value	244.2	233.9
Accumulated other comprehensive loss	(242.9)	(232.0)
Accumulated deficit	(1,038.0)	(1,062.3)
Total shareholders' deficit	(1,036.6)	(1,060.3)
Total liabilities and shareholders' deficit	$ 2,647.0	$ 2,809.4

- Definition

Carrying value as of the balance sheet date of obligations incurred and are unpaid through that date and are payable for a form of compensation to Members, called royalty overrides or production bonuses, based on retail volume. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).

+ References

No definition available.

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