OTHER CONSOLIDATED FINANCIAL STATEMENT DETAILS

6 Months Ended

Jun. 30, 2019

Organization, Consolidation and Presentation of Financial Statements [Abstract]

OTHER CONSOLIDATED FINANCIAL STATEMENT DETAILS

Composition of Certain Financial Statement Captions

Components of selected captions in the consolidated condensed balance sheets consisted of the following (in millions):



	June 30, 2019		December 31, 2018
Inventories
Raw materials	$	120.7	$	111.5
Work in process	164.4		144.8
Finished products	339.8		350.7
	$	624.9	$	607.0

At June 30, 2019 and December 31, 2018, $128.6 million and $106.5 million, respectively, of the Company's finished products inventories were held on consignment. During the three months ended June 30, 2019, the Company recorded a $46.2 million charge to "Cost of Sales," primarily comprised of the write off of inventory related to strategic decisions regarding its transcatheter aortic valve portfolio, including the decision to discontinue its CENTERA program.



	June 30, 2019		December 31, 2018
Accounts payable and accrued liabilities
Accounts payable	$	151.0	$	134.0
Employee compensation and withholdings	197.8		226.1
Taxes payable (Note 14)	14.6		31.3
Property, payroll, and other taxes	39.2		39.5
Research and development accruals	55.8		48.9
Accrued rebates	82.5		80.0
Fair value of derivatives	4.6		4.4
Accrued marketing expenses	15.5		22.3
Litigation and insurance reserves	19.0		196.7
Accrued relocation costs	13.0		11.3
Accrued professional services	9.4		11.0
Accrued realignment reserves	17.0		6.8
Other accrued liabilities	53.8		64.3
	$	673.2	$	876.6

Supplemental Cash Flow Information

(in millions)



	Six Months Ended June 30,
	2019		2018
Cash paid during the year for:
Income taxes	$	45.2	$	195.1
Amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	12.7	$	—
Non-cash investing and financing transactions:
Fair value of shares issued in payment for contingent consideration liabilities	$	—	$	34.3
Right-of-use assets obtained in exchange for new lease liabilities	$	23.5	$	—
Capital expenditures accruals	$	21.8	$	14.5