XML 39 R24.htm IDEA: XBRL DOCUMENT
v3.20.4

Summary Of Significant Accounting Policies (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Accounting Policies [Abstract] |
Estimated Useful Lives Of The Assets | Property, plant, and equipment are stated at cost, net of accumulated depreciation. Depreciation is computed on a straight-line basis over the estimated useful lives of the assets, generally, as follows:
| Useful Lives
Building | Up to 30 years
Building improvements | Up to 15 years
Leasehold improvements | Lesser of useful life or term of lease
Equipment and furniture | 5 years
Operating lease assets | Greater of lease term or 1 to 5 years
Computer and office equipment | 3 years
Enterprise-wide software | 5 years
Purchased software | Lesser of 3 years or life of license
| December 31,
| 2020 |  | 2019
Property, plant, and equipment, net: |  |  |
Land | $ | 277.9 |  |  | $ | 248.0 |
Building and building/leasehold improvements | 773.8 |  |  | 408.3 |
Machinery and equipment | 428.0 |  |  | 357.2 |
Operating lease assets—Intuitive System Leasing | 419.9 |  |  | 293.8 |
Computer and office equipment | 112.6 |  |  | 74.0 |
Capitalized software | 205.4 |  |  | 182.2 |
Construction-in-process | 117.4 |  |  | 272.5 |
Gross property, plant, and equipment | 2,335.0 |  |  | 1,836.0 |
Less: Accumulated depreciation* | (757.7) |  |  | (563.1) |
Total property, plant, and equipment, net | $ | 1,577.3 |  |  | $ | 1,272.9 |
*Accumulated depreciation associated with operating lease assets—Intuitive System Leasing | (112.1) |  |  | (62.2) |
Amortized Cost Basis By Year of Origination and Credit Quality Indicator | The following table summarizes the amortized cost basis by year of origination and credit quality indicator as of December 31, 2020 (in millions):
| 2020 |  | 2019 |  | 2018 |  | 2017 |  | 2016 |  | Prior |  | Net Investment
Credit Rating: |  |  |  |  |  |  |  |  |  |  |  |  |
High | $ | 78.0 |  |  | $ | 36.4 |  |  | $ | 12.2 |  |  | $ | 7.8 |  |  | $ | 1.5 |  |  | $ | 1.2 |  |  | $ | 137.1 |
Moderate | 74.6 |  |  | 30.1 |  |  | 18.8 |  |  | 3.6 |  |  | 2.0 |  |  | — |  |  | 129.1 |
Low | 5.7 |  |  | — |  |  | 1.1 |  |  | 0.7 |  |  | 1.3 |  |  | — |  |  | 8.8 |
Total | $ | 158.3 |  |  | $ | 66.5 |  |  | $ | 32.1 |  |  | $ | 12.1 |  |  | $ | 4.8 |  |  | $ | 1.2 |  |  | $ | 275.0 |

X
- References No definition available. + Details
Name: | us-gaap_AccountingPoliciesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
Name: | us-gaap_PropertyPlantAndEquipmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of credit quality indicator for net investment in sales-type lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=119407570&loc=SL82919230-210447 + Details
Name: | us-gaap_SalesTypeLeaseNetInvestmentInLeaseCreditQualityIndicatorTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration