Company: PRGO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001585364-25-000122
Chunk: 66

Company: PERRIGO Co plc
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 8
Chunk 66
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 29, 2024Cash paid for amounts included in the measurement of lease liabilitiesOperating cash flows for operating leases$18.6 $17.1 Operating cash flows for finance leases$0.2 $0.3 Financing cash flows for finance leases$1.2 $1.0 Leased assets obtained (used) in exchange for new finance lease liabilities$— $0.4 Leased assets obtained (used) in exchange for new operating lease liabilities$1.3 $25.2 

NOTE 8 - GOODWILL AND INTANGIBLE ASSETS 

GoodwillChanges in the carrying amount of goodwill, by reportable segment, were as follows (in millions):December 31, 2024ImpairmentsCurrency translation adjustmentsJune 28, 2025CSCA(1)$2,076.1 $— $9.6 $2,085.7 CSCI(2)1,244.1 (1.2)150.6 1,393.5 Total goodwill$3,320.2 $(1.2)$160.2 $3,479.2 (1) We had accumulated goodwill impairments of $6.1 million as of June 28, 2025 and December 31, 2024.(2) We had accumulated goodwill impairments of $997.1 million and $995.9 million as of June 28, 2025 and December 31, 2024, respectively.Richard Bittner Business GoodwillOn March 10, 2025, the Company signed a definitive agreement to sell the Richard Bittner Business to HBI Health & Beauty Innovations Limited. As a result, we determined an impairment indicator existed and prepared a quantitative goodwill impairment test. We determined the carrying value of this business exceeded the fair value and recorded an impairment charge of $1.2 million within our CSCI segment during the three months ended March 29, 2025. On April 11, 2025, we completed the sale of the Richard Bittner Business to HBI Health & Beauty Innovations Limited (refer to Note 3 and Note 9).

14

Perrigo Company plc - Item 1Note 8

Intangible AssetsIntangible assets and related accumulated amortization consisted of the following(1) (in millions): June 28, 2025December 31, 2024