Quarterly report pursuant to Section 13 or 15(d)

Condensed Consolidated Balance Sheets (Unaudited)

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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 495.7 $ 508.0
Receivables, net of allowance for doubtful accounts 79.5 70.6
Inventories 496.8 580.7
Prepaid expenses and other current assets 274.1 196.8
Total current assets 1,346.1 1,356.1
Property, plant, and equipment, at cost, net of accumulated depreciation and amortization 492.3 486.3
Operating lease right-of-use assets 190.7 207.1
Marketing-related intangibles and other intangible assets, net 314.4 315.7
Goodwill 92.8 93.2
Other assets 288.4 273.6
Total assets 2,724.7 2,732.0
Current liabilities:    
Accounts payable 77.9 89.8
Royalty overrides 335.1 343.3
Current portion of long-term debt 232.6 29.5
Other current liabilities 519.8 514.0
Total current liabilities 1,165.4 976.6
Long-term debt, net of current portion 2,319.0 2,662.5
Non-current operating lease liabilities 174.2 192.4
Other non-current liabilities 169.6 166.4
Total liabilities 3,828.2 3,997.9
Commitments and contingencies
Shareholders' deficit:    
Common Shares, $0.0005 par value; 2.0 billion shares authorized; 99.0 million (2023) and 97.9 million (2022) shares outstanding 0.1 0.1
Paid-in capital in excess of par value 222.0 188.7
Accumulated other comprehensive loss (253.1) (250.2)
Accumulated deficit (1,072.5) (1,204.5)
Total shareholders' deficit (1,103.5) (1,265.9)
Total liabilities and shareholders' deficit $ 2,724.7 $ 2,732.0