Company: PRGO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001585364-25-000056
Chunk: 9

Company: PERRIGO Co plc
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 9
---
 Company plc - Item 1Note 5

NOTE 5 - INVENTORIES 

Major components of inventory were as follows (in millions): March 29, 2025December 31, 2024Finished goods$700.3 $627.1 Work in process237.8 233.3 Raw materials216.9 221.4 Total inventories$1,155.0 $1,081.8 

NOTE 6 - INVESTMENTS 

The following table summarizes the measurement category, balance sheet location, and balances of our equity securities (in millions): Measurement CategoryBalance Sheet LocationMarch 29, 2025December 31, 2024Fair value method(1)Other non-current assets$0.9 $0.8 Equity methodOther non-current assets$57.2 $57.3 (1) Measured at fair value using the Net Asset Value practical expedient.The following table summarizes the (income) expense recognized in earnings of our equity securities (in millions):Three Months EndedMeasurement CategoryIncome Statement LocationMarch 29, 2025March 30, 2024Fair value methodOther operating (income) expense, net$(0.1)$0.1 Equity methodOther operating (income) expense, net$0.1 $0.6 

NOTE 7 - LEASES

The balance sheet locations of our lease assets and liabilities were as follows (in millions):AssetsBalance Sheet LocationMarch 29, 2025December 31, 2024OperatingOperating lease assets$170.1 $175.2 FinanceOther non-current assets11.2 11.7 Total$181.3 $186.9 LiabilitiesBalance Sheet LocationMarch 29, 2025December 31, 2024CurrentOperatingOther accrued liabilities$27.5 $27.8 FinanceCurrent indebtedness1.3 1.5 Non-CurrentOperatingOther non-current liabilities149.9 153.8 FinanceLong-term debt, less current portion11.7 12.0 Total$190.4 $195.1     

12

Perrigo Company plc - Item 1Note 7

The below tables show our lease assets and liabilities by reporting segment (in millions):AssetsOperatingFinancingMarch 29, 2025December 31, 2024March 29, 2025December 31