Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

v3.8.0.1
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 1,330.2 $ 1,278.8
Receivables, net of allowance for doubtful accounts 103.3 93.3
Inventories 333.0 341.2
Prepaid expenses and other current assets 184.6 147.0
Total current assets 1,951.1 1,860.3
Property, plant, and equipment, at cost, net of accumulated depreciation and amortization 369.2 377.5
Marketing-related intangibles and other intangible assets, net 310.1 310.1
Goodwill 98.6 96.9
Other assets 239.7 250.3
Total assets 2,968.7 2,895.1
Current liabilities:    
Accounts payable 80.2 67.8
Royalty overrides 264.7 277.7
Current portion of long-term debt 102.3 102.4
Other current liabilities 463.7 458.9
Total current liabilities 910.9 906.8
Long-term debt, net of current portion 2,109.1 2,165.7
Other non-current liabilities 167.7 157.3
Total liabilities 3,187.7 3,229.8
Commitments and contingencies
Shareholders’ deficit:    
Common shares, $0.001 par value; 1.0 billion shares authorized; 83.1 million (2018) and 82.3 million (2017) shares outstanding 0.1 0.1
Paid-in capital in excess of par value 425.4 407.3
Accumulated other comprehensive loss (147.3) (165.4)
Accumulated deficit (168.3) (248.1)
Treasury stock, at cost, 5.0 million (2018) and 5.0 million (2017) shares (328.9) (328.6)
Total shareholders’ deficit (219.0) (334.7)
Total liabilities and shareholders’ deficit $ 2,968.7 $ 2,895.1