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BALANCE SHEET DETAILS AND OTHER FINANCIAL INFORMATION (Tables)
9 Months Ended
Sep. 30, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Accounts Receivable, Net
 As of
Accounts receivable, netSeptember 30,
2023
December 31,
2022
Trade accounts receivable, net$879.6 $864.9 
Unbilled accounts receivable and other98.4 91.7 
Sales returns and allowances(15.3)(14.5)
Total accounts receivable, net$962.7 $942.1 
Inventory
As of
InventorySeptember 30,
2023
December 31,
2022
Raw materials$420.3 $382.9 
Work-in-process150.1 159.9 
Finished goods577.1 350.4 
Total inventory$1,147.5 $893.2 
Prepaids and Other Current Assets
As of
Prepaids and other current assetsSeptember 30,
2023
December 31,
2022
Net investment in sales-type leases – short-term$134.4 $131.2 
Other prepaids and other current assets182.6 168.6 
Total prepaids and other current assets$317.0 $299.8 
Property, Plant, and Equipment, Net
 As of
 September 30,
2023
December 31,
2022
Property, plant, and equipment, net
Land$389.5 $388.6 
Building and building/leasehold improvements900.9 866.5 
Machinery and equipment654.7 566.4 
Operating lease assets – Intuitive System Leasing1,052.9 806.4 
Computer and office equipment145.6 134.7 
Capitalized software250.8 240.9 
Construction-in-process1,150.8 608.6 
Gross property, plant, and equipment4,545.2 3,612.1 
Less: Accumulated depreciation*(1,468.2)(1,237.9)
Total property, plant, and equipment, net$3,077.0 $2,374.2 
*Accumulated depreciation associated with operating lease assets – Intuitive System Leasing$(395.7)$(285.8)
Other Accrued Liabilities - Short-term
As of
Other accrued liabilities – short-termSeptember 30,
2023
December 31,
2022
Income and other taxes payable$342.8 $96.1 
Accrued construction-related capital expenditures106.0 50.3 
Litigation-related accruals1.6 23.0 
Other accrued liabilities260.2 306.8 
Total other accrued liabilities – short-term$710.6 $476.2 
Other Long-term Liabilities
As of
Other long-term liabilitiesSeptember 30,
2023
December 31,
2022
Income taxes – long-term$264.1 $288.0 
Deferred revenue – long-term42.5 41.0 
Other long-term liabilities106.2 110.3 
Total other long-term liabilities$412.8 $439.3 
Supplemental Cash Flow Information
The following table provides supplemental non-cash investing and financing activities (in millions):
Nine Months Ended September 30,
20232022
Equipment transfers, including operating lease assets, from inventory to property, plant, and equipment$303.8 $189.0 
Acquisition of property, plant, and equipment in accounts payable and accrued liabilities$135.2 $91.4