Consolidated Financial Statement Details

12 Months Ended

Dec. 31, 2022

CONSOLIDATED FINANCIAL STATEMENT DETAILS

The following tables provide details of selected consolidated financial statement items (in millions):


	December 31,
	2022		2021
Accounts receivable, net
Trade accounts receivable, net	$	864.9	$	731.0


Unbilled accounts receivable and other	91.7		64.8
Sales returns and allowances	(14.5)		(13.1)
Total accounts receivable, net	$	942.1	$	782.7


	December 31,
	2022		2021
Prepaids and other current assets
Net investment in sales-type leases – short-term	131.2		110.3
Equity investments	4.3		26.9
Other prepaids and other current assets	164.3		133.9
Total prepaids and other current assets	$	299.8	$	271.1


	December 31,
	2022		2021
Property, plant, and equipment, net
Land	$	388.6	$	367.8
Building and building/leasehold improvements	866.5		812.5
Machinery and equipment	566.4		497.6
Operating lease assets – Intuitive System Leasing	806.4		616.1
Computer and office equipment	134.7		123.7
Capitalized software	240.9		217.6
Construction-in-process	608.6		209.7
Gross property, plant, and equipment	3,612.1		2,845.0
Less: Accumulated depreciation*	(1,237.9)		(968.6)
Total property, plant, and equipment, net	$	2,374.2	$	1,876.4

*Accumulated depreciation associated with operating lease assets – Intuitive System Leasing	$	(285.8)	$	(182.1)


	December 31,
	2022		2021
Other accrued liabilities – short-term
Income and other taxes payable	$	96.1	$	54.1
Accrued construction-related capital expenditures	50.3		23.1
Litigation-related accruals	23.0		2.4
Current portion of deferred and contingent purchase consideration	7.8		12.0
Other accrued liabilities	299.0		209.7
Total other accrued liabilities – short-term	$	476.2	$	301.3


	December 31,
	2022		2021
Other long-term liabilities
Income taxes – long-term	$	288.0	$	316.6
Deferred revenue – long-term	41.0		36.8
Other long-term liabilities	110.3		100.3
Total other long-term liabilities	$	439.3	$	453.7

Supplemental Cash Flow Information

The following table provides supplemental cash flow information (in millions):


	Years Ended December 31,
	2022		2021		2020
Income taxes paid	$	444.2	$	180.0	$	34.4
Supplemental non-cash investing and financing activities:
Equipment transfers from inventory to property, plant, and equipment	$	279.2	$	302.4	$	186.5
Acquisition of property, plant, and equipment in accounts payable and accrued liabilities	$	73.4	$	32.1	$	47.3