Company: PRGO
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001585364-25-000056
Chunk: 3

Company: PERRIGO Co plc
Filing Date: 2025-05-07
Form: 10-Q
Item: Item 1
Chunk 3
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2024136.3 $6,803.0 $(37.7)$(2,078.3)$4,687.0 

 Ordinary SharesIssuedAccumulatedOtherComprehensiveIncome (Loss)RetainedEarnings(Accumulated Deficit)Total SharesAmountBalance at December 31, 2024136.5 $6,733.9 $(162.4)$(2,252.1)$4,319.4 Net loss— — — (6.4)(6.4)Other comprehensive income— — 92.0 — 92.0 Restricted stock plan1.2 — — — — Compensation for restricted stock— 11.6 — — 11.6 Cash dividends, $0.29 per share— (40.6)— — (40.6)Shares withheld for payment of employees' withholding tax liability(0.5)(12.0)— — (12.0)Balance at March 29, 2025137.2 $6,692.9 $(70.4)$(2,258.5)$4,364.0 

See accompanying Notes to the Condensed Consolidated Financial Statements.

7

Perrigo Company plc - Item 1

PERRIGO COMPANY PLC

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(in millions)

(unaudited)

   Three Months Ended March 29, 2025March 30, 2024Cash Flows From (For) Operating ActivitiesNet income (loss) $(6.4)$2.0 Adjustments to derive cash flows:Depreciation and amortization79.9 81.4 Restructuring charges29.4 44.3 Share-based compensation11.6 15.6 Impairment charges3.1 — Amortization of debt discount 2.2 0.4 Deferred income taxes(3.1)(11.0)Other non-cash adjustments, net(4.8)(7.4)Subtotal111.9 125.3 (Decrease) increase in cash due to:Accounts receivable(65.2)(51.9)Inventories(62.5)10.6 Other accrued liabilities (56.1)30.6 Payroll and related taxes(