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, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 526.6 $ 508.0
Receivables, net of allowance for doubtful accounts 86.3 70.6
Inventories 525.1 580.7
Prepaid expenses and other current assets 233.4 196.8
Total current assets 1,371.4 1,356.1
Property, plant, and equipment, at cost, net of accumulated depreciation and amortization 485.8 486.3
Operating lease right-of-use assets 200.5 207.1
Marketing-related intangibles and other intangible assets, net 314.8 315.7
Goodwill 94.4 93.2
Other assets 303.7 273.6
Total assets 2,770.6 2,732.0
Current liabilities:    
Accounts payable 88.6 89.8
Royalty overrides 328.0 343.3
Current portion of long-term debt 295.8 29.5
Other current liabilities 528.4 514.0
Total current liabilities 1,240.8 976.6
Long-term debt, net of current portion 2,326.5 2,662.5
Non-current operating lease liabilities 184.1 192.4
Other non-current liabilities 169.6 166.4
Total liabilities 3,921.0 3,997.9
Commitments and contingencies
Shareholders' deficit:    
Common Shares, $0.0005 par value;2.0 billion shares authorized; 98.9 million (2023) and 97.9 million (2022) shares outstanding 0.1 0.1
Paid-in capital in excess of par value 202.8 188.7
Accumulated other comprehensive loss (238.0) (250.2)
Accumulated deficit (1,115.3) (1,204.5)
Total shareholders' deficit (1,150.4) (1,265.9)
Total liabilities and shareholders' deficit $ 2,770.6 $ 2,732.0