Balance Sheet

v3.24.0.1

Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 575.2	$ 508.0
Receivables, net of allowance for doubtful accounts	81.2	70.6
Inventories	505.2	580.7
Prepaid expenses and other current assets	237.7	196.8
Total current assets	1,399.3	1,356.1
Property, plant, and equipment, at cost, net of accumulated depreciation and amortization	506.5	486.3
Operating lease right-of-use assets	185.8	207.1
Marketing-related intangibles and other intangible assets, net	314.0	315.7
Goodwill	95.4	93.2
Other assets	308.4	273.6
Total assets	2,809.4	2,732.0
Current liabilities:
Accounts payable	84.0	89.8
Royalty overrides	343.4	343.3
Current portion of long-term debt	309.5	29.5
Other current liabilities	540.7	514.0
Total current liabilities	1,277.6	976.6
Long-term debt, net of current portion	2,252.9	2,662.5
Non-current operating lease liabilities	167.6	192.4
Other non-current liabilities	171.6	166.4
Total liabilities	3,869.7	3,997.9
Commitments and contingencies
Shareholders' deficit:
Common shares, $0.0005 par value; 2.0 billion shares authorized; 99.2 million (2023) and 97.9 million (2022) shares outstanding	0.1	0.1
Paid-in capital in excess of par value	233.9	188.7
Accumulated other comprehensive loss	(232.0)	(250.2)
Accumulated deficit	(1,062.3)	(1,204.5)
Total shareholders' deficit	(1,060.3)	(1,265.9)
Total liabilities and shareholders' deficit	$ 2,809.4	$ 2,732.0

- 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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