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
Jun. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 374.0 $ 575.2
Receivables, net of allowance for doubtful accounts 82.8 81.2
Inventories 480.7 505.2
Prepaid expenses and other current assets 276.3 237.7
Total current assets 1,213.8 1,399.3
Property, plant, and equipment, at cost, net of accumulated depreciation and amortization 468.2 506.5
Operating lease right-of-use assets 188.3 185.8
Marketing-related intangibles and other intangible assets, net 313.1 314.0
Goodwill 91.5 95.4
Other assets 327.3 308.4
Total assets 2,602.2 2,809.4
Current liabilities:    
Accounts payable 81.3 84.0
Royalty overrides 316.5 343.4
Current portion of long-term debt 21.7 309.5
Other current liabilities 556.7 540.7
Total current liabilities 976.2 1,277.6
Long-term debt, net of current portion 2,321.0 2,252.9
Non-current operating lease liabilities 173.3 167.6
Other non-current liabilities 168.9 171.6
Total liabilities 3,639.4 3,869.7
Commitments and contingencies
Shareholders' deficit:    
Common shares, $0.0005 par value ; 2.0 billion shares authorized; 100.7 million (2024) and 99.2 million (2023) shares outstanding 0.1 0.1
Paid-in capital in excess of par value 253.4 233.9
Accumulated other comprehensive loss (257.4) (232.0)
Accumulated deficit (1,033.3) (1,062.3)
Total shareholders' deficit (1,037.2) (1,060.3)
Total liabilities and shareholders' deficit $ 2,602.2 $ 2,809.4