Company: PRGO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0001585364-25-000156
Chunk: 36

Company: PERRIGO Co plc
Filing Date: 2025-11-05
Form: 10-Q
Item: Part II, Item 1
Chunk 36
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):Three Months EndedNine Months EndedSeptember 27, 2025September 28, 2024September 27, 2025September 28, 2024Operating leases(1)$12.8 $12.5 $36.7 $36.7 Finance leasesAmortization$0.6 $0.6 $1.7 $1.7 Interest0.1 0.1 0.3 0.3 Total finance leases$0.7 $0.7 $2.0 $2.0 (1) Includes short-term leases and variable lease costs, which are immaterial.    The annual future maturities of our leases as of September 27, 2025 are as follows (in millions):Operating LeasesFinance LeasesTotal2025$8.4 $0.6 $9.0 202634.3 2.0 36.3 202731.4 1.6 33.0 202823.4 1.6 25.0 202919.4 1.6 21.0 After 202995.7 7.3 103.0 Total lease payments$212.6 $14.7 $227.3 Less: Interest31.1 1.9 33.0 Present value of lease liabilities$181.5 $12.8 $194.3 Our weighted average lease terms and discount rates are as follows:September 27, 2025September 28, 2024Weighted-average remaining lease term (in years)Operating leases8.969.59Finance leases8.239.12Weighted-average discount rateOperating leases4.0 %3.8 %Finance leases3.5 %3.5 %Our lease cash flow classifications are as follows (in millions):Nine Months EndedSeptember 27, 2025September 28, 2024Cash paid for amounts included in the measurement of lease liabilitiesOperating cash flows for operating leases$27.5 $26.7 Operating cash flows for finance leases$0.3 $0.4 Financing cash flows for finance leases$1.7 $1.5 Leased assets obtained (used) in exchange for new finance lease liabilities$0.4 $0.4 Leased assets obtained (used) in