Balance Sheet

v3.25.0.1

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 415.3	$ 575.2
Receivables, net of allowance for doubtful accounts	68.9	81.2
Inventories	475.4	505.2
Prepaid expenses and other current assets	184.1	237.7
Total current assets	1,143.7	1,399.3
Property, plant, and equipment, at cost, net of accumulated depreciation and amortization	460.2	506.5
Operating lease right-of-use assets	185.7	185.8
Marketing-related intangibles and other intangible assets, net	312.3	314.0
Goodwill	87.7	95.4
Deferred income tax assets	398.6	179.3
Other assets	139.9	129.1
Total assets	2,728.1	2,809.4
Current liabilities:
Accounts payable	70.0	84.0
Royalty overrides	334.1	343.4
Current portion of long-term debt	283.5	309.5
Other current liabilities	542.8	540.7
Total current liabilities	1,230.4	1,277.6
Long-term debt, net of current portion	1,976.6	2,252.9
Non-current operating lease liabilities	169.5	167.6
Other non-current liabilities	152.7	171.6
Total liabilities	3,529.2	3,869.7
Commitments and contingencies
Shareholders' deficit:
Common shares, $0.0005 par value; 2.0 billion shares authorized; 101.2 million (2024) and 99.2 million (2023) shares outstanding	0.1	0.1
Paid-in capital in excess of par value	278.2	233.9
Accumulated other comprehensive loss	(271.4)	(232.0)
Accumulated deficit	(808.0)	(1,062.3)
Total shareholders' deficit	(801.1)	(1,060.3)
Total liabilities and shareholders' deficit	$ 2,728.1	$ 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.

Source