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BALANCE SHEET DETAILS AND OTHER FINANCIAL INFORMATION (Tables)
6 Months Ended
Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Accounts Receivable, Net
 As of
Accounts receivable, netJune 30,
2024
December 31,
2023
Trade accounts receivable, net$1,002.6 $1,042.2 
Unbilled accounts receivable and other124.4 105.0 
Sales returns and allowances(17.9)(17.0)
Total accounts receivable, net$1,109.1 $1,130.2 
Inventory
As of
InventoryJune 30,
2024
December 31,
2023
Raw materials$483.5 $454.7 
Work-in-process182.6 159.9 
Finished goods717.8 606.0 
Total inventory$1,383.9 $1,220.6 
Prepaids and Other Current Assets
As of
Prepaids and other current assetsJune 30,
2024
December 31,
2023
Net investment in sales-type leases – short-term$134.1 $137.3 
Other prepaids and other current assets270.0 176.7 
Total prepaids and other current assets$404.1 $314.0 
Other Accrued Liabilities - Short-term
As of
Other accrued liabilities – short-termJune 30,
2024
December 31,
2023
Income and other taxes payable$85.9 $111.4 
Accrued construction-related capital expenditures169.2 143.3 
Other accrued liabilities282.8 332.8 
Total other accrued liabilities – short-term$537.9 $587.5 
Other Long-term Liabilities
As of
Other long-term liabilitiesJune 30,
2024
December 31,
2023
Income taxes – long-term$195.4 $233.8 
Deferred revenue – long-term43.5 45.6 
Other long-term liabilities127.0 106.1 
Total other long-term liabilities$365.9 $385.5 
Supplemental Cash Flow Information
The following table provides supplemental non-cash investing and financing activities (in millions):
Six Months Ended June 30,
20242023
Equipment transfers, including operating lease assets, from inventory to property, plant, and equipment$246.8 $198.5 
Acquisition of property, plant, and equipment in accounts payable and accrued liabilities$184.2 $138.2