v3.26.3
CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Oct. 02, 2026
Dec. 31, 2025
Current assets:    
Cash and equivalents $ 365.8 $ 318.8
Accounts receivable less allowance for credit losses of $8.4 and $7.8, respectively 322.4 285.3
Inventories:    
Finished goods 62.7 63.5
Work in process 151.5 119.5
Raw materials 130.1 118.6
Inventories, net 344.3 301.6
Prepaid expenses and other current assets 78.2 70.4
Total current assets 1,110.7 976.1
Property, plant and equipment, net of accumulated depreciation of $476.9 and $468.7, respectively 214.0 214.2
Other assets 166.9 163.7
Goodwill 1,611.6 1,672.4
Other intangible assets, net 707.6 795.2
Total assets 3,810.8 3,821.6
Current liabilities:    
Current portion of long-term debt 0.0 530.4
Trade accounts payable 279.6 263.7
Accrued expenses and other current liabilities 394.3 365.6
Total current liabilities 673.9 1,159.7
Long-term debt 1,148.7 618.4
Other long-term liabilities 371.6 409.2
Total liabilities 2,194.2 2,187.3
Commitments and contingencies (Note 8)
Equity:    
Common stock: $0.01 par value, 1,300.0 shares authorized; 113580639 and 112884493 issued; and 110.8 and 112884493 outstanding, respectively 1.1 1.1
Preferred stock: $0.01 par value, 10.0 shares authorized; no shares issued and outstanding 0.0 0.0
Additional paid-in capital 3,266.8 3,223.4
Treasury stock, at cost (151.5) 0.0
Accumulated deficit (1,174.4) (1,345.3)
Accumulated other comprehensive loss (325.4) (244.9)
Total equity 1,616.6 1,634.3
Total liabilities and equity $ 3,810.8 $ 3,821.6

Source

10-Q XBRL Zip