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Consolidated Financial Statement Details | 12 Months Ended
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Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Consolidated Financial Statement Details | CONSOLIDATED FINANCIAL STATEMENT DETAILS The following tables provide details of selected consolidated financial statement items (in millions):
| December 31,
Accounts receivable, net | 2023 |  | 2022
Trade accounts receivable, net | $ | 1,042.2 |  |  | $ | 864.9 |
Unbilled accounts receivable and other | 105.0 |  |  | 91.7 |
Sales returns and allowances | (17.0) |  |  | (14.5) |
Total accounts receivable, net | $ | 1,130.2 |  |  | $ | 942.1 |
| December 31,
Inventory | 2023 |  | 2022
Raw materials | $ | 454.7 |  |  | $ | 382.9 |
Work-in-process | 159.9 |  |  | 159.9 |
Finished goods | 606.0 |  |  | 350.4 |
Total inventory | $ | 1,220.6 |  |  | $ | 893.2 |
| December 31,
Prepaids and other current assets | 2023 |  | 2022
Net investment in sales-type leases – short-term | 137.3 |  |  | 131.2 |
Other prepaids and other current assets | 176.7 |  |  | 168.6 |
Total prepaids and other current assets | $ | 314.0 |  |  | $ | 299.8 |
| December 31,
Property, plant, and equipment, net | 2023 |  | 2022
Land | $ | 457.3 |  |  | $ | 388.6 |
Building and building/leasehold improvements | 1,002.1 |  |  | 866.5 |
Machinery and equipment | 724.2 |  |  | 566.4 |
Operating lease assets – Intuitive System Leasing | 1,149.7 |  |  | 806.4 |
Computer and office equipment | 153.8 |  |  | 134.7 |
Capitalized software | 257.8 |  |  | 240.9 |
Construction-in-process | 1,354.7 |  |  | 608.6 |
Gross property, plant, and equipment | 5,099.6 |  |  | 3,612.1 |
Less: Accumulated depreciation* | (1,562.0) |  |  | (1,237.9) |
Total property, plant, and equipment, net | $ | 3,537.6 |  |  | $ | 2,374.2 |
*Accumulated depreciation associated with operating lease assets – Intuitive System Leasing | $ | (434.3) |  |  | $ | (285.8) |
| December 31,
Implementation costs in cloud computing arrangements | 2023 |  | 2022
Capitalized implementation costs | $ | 50.7 |  |  | $ | 36.0 |
Less: Accumulated depreciation | (20.5) |  |  | (10.3) |
Total capitalized implementation costs in intangible and other assets, net | $ | 30.2 |  |  | $ | 25.7 |
| December 31,
Other accrued liabilities – short-term | 2023 |  | 2022
Income and other taxes payable | $ | 111.4 |  |  | $ | 96.1 |
Accrued construction-related capital expenditures | 143.3 |  |  | 50.3 |
Other accrued liabilities | 332.8 |  |  | 329.8 |
Total other accrued liabilities – short-term | $ | 587.5 |  |  | $ | 476.2 |
| December 31,
Other long-term liabilities | 2023 |  | 2022
Income taxes – long-term | $ | 233.8 |  |  | $ | 288.0 |
Deferred revenue – long-term | 45.6 |  |  | 41.0 |
Other long-term liabilities | 106.1 |  |  | 110.3 |
Total other long-term liabilities | $ | 385.5 |  |  | $ | 439.3 |
Supplemental Cash Flow Information The following table provides supplemental non-cash investing and financing activities (in millions):
| Years Ended December 31,
| 2023 |  | 2022 |  | 2021
Income taxes paid | $ | 447.8 |  |  | $ | 444.2 |  |  | $ | 180.0 |
Supplemental non-cash investing and financing activities: |  |  |  |  |
Equipment transfers, including operating lease assets, from inventory to property, plant, and equipment | $ | 422.4 |  |  | $ | 279.2 |  |  | $ | 302.4 |
Acquisition of property, plant, and equipment in accounts payable and accrued liabilities | $ | 153.7 |  |  | $ | 73.4 |  |  | $ | 32.1 |

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