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Business Combinations and Asset Acquisitions (Tables)
 12 Months Ended
Dec. 31, 2021
Business Combination and Asset Acquisition [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table provides the assets acquired and liabilities assumed as of the date of acquisition:
(in millions)
Estimated Fair Value
ASSETS
Cash$1.1 
Accounts receivable—net15.6 
Inventory33.4 
Prepaid expenses and other current assets2.9 
Property and equipment5.3 
Goodwill 25.5 
Other intangible assets48.0 
Other long-term assets5.2 
TOTAL ASSETS$137.0 
LIABILITIES
Accounts payable$11.0 
Current portion of long-term debt20.2 
Accrued and other current liabilities17.1 
Other long-term liabilities6.7 
TOTAL LIABILITIES$55.0 
NON-CONTROLLING INTERESTS$17.8 
Net purchase consideration$64.2 
Schedule of Acquired Finite-Lived Intangible Assets by Major Class
Identified intangible assets acquired and their estimated useful lives (in years) as of August 31, 2021, were as follows (in millions, except years):

Fair ValueEstimated Useful Life (in years)
Developed technology$26.6 4
Customer relationships10.0 10
Trade name6.4 10
Backlog5.0 1
Total identified intangible assets:$48.0 
Business Acquisition, Pro Forma Information The following unaudited pro forma financial information for all periods presented includes purchase accounting adjustments for amortization of acquired intangible assets, depreciation of acquired property and equipment, the purchase accounting effect on inventory acquired and related tax effects (in millions):
Year Ended December 31,
20212020
Pro forma revenue
$3,424.3 $2,714.7 
Pro forma net income attributable to Fortinet, Inc.
$608.2 $480.0