Company: PRGO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001585364-25-000056
Chunk: 7

Company: PERRIGO Co plc
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 7
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1 Healthy Lifestyle66.6 64.6 Pain and Sleep-Aids53.6 51.4 VMS37.7 44.6 Women's Health32.4 32.0 Oral Care22.5 28.7 Digestive Health9.6 9.5 Other CSCI(1)15.9 23.3 Total CSCI$423.1 $437.9 Total net sales$1,043.9 $1,082.1 (1) Consists primarily of other miscellaneous or otherwise uncategorized product lines, none of which is greater than 10% of the segment net sales. The following table provides information about contract assets from contracts with customers (in millions):Balance Sheet LocationMarch 29, 2025December 31, 2024Short-term contract assetsPrepaid expenses and other current assets$38.2 $43.9 

10

Perrigo Company plc - Item 1Note 2

We generated net sales in the following geographic locations(1) (in millions):Three Months EndedMarch 29, 2025March 30, 2024U.S.$609.3 $632.3 Europe(2)412.3 419.7 All other countries(3)22.3 30.1 Total net sales$1,043.9 $1,082.1 (1) The net sales by geography are derived from the location of the entity that sells to a third party. (2) Includes Ireland net sales of $11.0 million for the three months ended March 29, 2025, and $4.3 million for the three months ended March 30, 2024. (3) Includes net sales generated primarily in Australia and Canada.

NOTE 3 - ASSETS HELD FOR SALE

We classify assets as "held for sale" when, among other factors, management approves and commits to a formal plan of sale with the expectation the sale will be completed within one year. The net assets of the business held for sale are then recorded at the lower of their current carrying value and the fair market value, less costs to sell.On March 10, 2025, the Company signed a definitive agreement to sell Richard Bittner Business AG, an Austrian contract manufacturing business (the "Richard Bittner Business") to HBI Health & Beauty Innovations Limited; as