NOTE 3 — FINANCIAL STATEMENT DETAILS
| |
December 31,
|
December 26,
|
| (In millions) |
2000
|
1999
|
 |
| Inventories |
|
|
| Raw materials |
$ 24.8
|
$ 17.1
|
| Work in process |
123.9
|
99.3
|
| Finished goods |
44.1
|
49.9
|
|
| |
$ 192.8
|
$ 166.3
|
|
| Property, plant and equipment |
|
|
| Land |
$ 23.2
|
$ 19.0
|
| Buildings and improvements |
215.4
|
178.2
|
| Machinery and equipment |
816.7
|
704.9
|
| Construction in progress |
173.1
|
49.3
|
|
| Total property,
plant and equipment |
1,228.4
|
951.4
|
| Less accumulated depreciation |
631.8
|
575.6
|
|
| |
$ 596.6
|
$ 375.8
|
|
| |
Period of |
|
|
| |
Amortization |
|
|
|
| Intangible assets |
|
|
| Developed technology |
15 years |
$ 169.1
|
$ 171.0
|
| Goodwill
|
15 years |
69.7
|
-
|
| Customer base |
8 years |
55.6
|
54.4
|
| Covenant not to compete |
5 years |
30.2
|
31.0
|
| Trademarks and tradenames |
4 years |
24.7
|
25.3
|
| Assembled workforce |
3 years |
10.3
|
9.1
|
| Patents
|
4 years |
5,5
|
-
|
|
| Total intangible
assets |
365.1
|
290.8
|
| Less accumulated amortization |
(67.0)
|
(29.4)
|
|
| |
$ 298.1
|
$ 261.4
|
|
| Accrued expenses |
|
|
| Payroll and employee related accruals |
$ 75.5
|
$ 44.4
|
| Accrued interest |
19.3
|
17.1
|
| Restructuring and related allowances |
-
|
2.6
|
| Income taxes payable |
19.6
|
2.3
|
| Other |
22.5
|
29.6
|
|
| |
$ 136.9
|
$ 96.0
|
|
|
