Company: PRGO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001585364-25-000056
Chunk: 1

Company: PERRIGO Co plc
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 1
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 2025March 30, 2024Net income (loss)$(6.4)$2.0 Other comprehensive income (loss):Foreign currency translation adjustments, net of tax113.5 (58.3)Change in fair value of derivative financial instruments, net of tax(21.2)10.9 Change in post-retirement and pension liability, net of tax(0.3)(1.0)Other comprehensive income (loss), net of tax92.0 (48.4)Comprehensive income (loss)$85.6 $(46.4)

See accompanying Notes to the Condensed Consolidated Financial Statements.

5

Perrigo Company plc - Item 1

PERRIGO COMPANY PLC

CONDENSED CONSOLIDATED BALANCE SHEETS

(in millions, except per share amounts)

(unaudited)March 29, 2025December 31, 2024AssetsCash and cash equivalents$409.9 $558.8 Accounts receivable, net of allowance for credit losses of $5.4 and $6.0, respectively716.8 642.3 Inventories1,155.0 1,081.8 Prepaid expenses and other current assets229.0 199.0 Current assets held for sale22.3 — Total current assets2,533.0 2,481.9 Property, plant and equipment, net913.2 917.8 Operating lease assets170.1 175.2 Goodwill and indefinite-lived intangible assets3,380.5 3,325.4 Definite-lived intangible assets, net2,456.7 2,423.7 Deferred income taxes5.4 5.1 Other non-current assets300.9 318.6 Total non-current assets7,226.8 7,165.8 Total assets$9,759.8 $9,647.7 Liabilities and Shareholders’ EquityLiabilitiesAccounts payable$502.3 $495.2 Payroll and related taxes120.0 123.2 Accrued customer programs142.6 133.3 Other accrued liabilities253.8 238.7 Accrued income taxes14.4 17.4 Current indebtedness36.2 36.4 Current liabilities held for sale4.5 — Total current liabilities1,073.8