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Summary Of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2023
Accounting Policies [Abstract]  
Estimated Useful Lives Of 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 improvementsLesser 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 to 5 years
Enterprise-wide software
5 to 8 years
Purchased software
Lesser of 3 years or life of license
 December 31,
Property, plant, and equipment, net20232022
Land$457.3 $388.6 
Building and building/leasehold improvements1,002.1 866.5 
Machinery and equipment724.2 566.4 
Operating lease assets – Intuitive System Leasing1,149.7 806.4 
Computer and office equipment153.8 134.7 
Capitalized software257.8 240.9 
Construction-in-process1,354.7 608.6 
Gross property, plant, and equipment5,099.6 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)
Amortized Cost Basis By Year of Origination and Credit Quality Indicator The following table summarizes the amortized cost basis by year of origination and by credit quality for the net investment in sales-type leases as of December 31, 2023 (in millions):
20232022202120202019PriorNet Investment
Credit Rating:
High$39.6 $70.2 $60.3 $24.4 $6.5 $0.2 $201.2 
Moderate37.6 51.4 43.1 22.2 4.5 1.0 159.8 
Low1.5 4.6 3.5 0.8 — 0.2 10.6 
Total$78.7 $126.2 $106.9 $47.4 $11.0 $1.4 $371.6