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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2020
Dec. 31, 2019
Current assets    
Cash and cash equivalents $ 1,183.2 $ 1,179.1
Short-term investments (Note 7) 219.4 337.8
Accounts receivable, net of allowances of $9.6 and $8.7, respectively 514.6 543.6
Other receivables 88.2 55.5
Inventories (Note 5) 802.3 640.9
Prepaid expenses 75.1 59.1
Other current assets 208.2 168.0
Total current assets 3,091.0 2,984.0
Long-term investments (Note 7) 801.6 585.5
Property, plant, and equipment, net (Note 5) 1,395.2 1,060.3
Operating lease right-of-use assets (Note 6) 94.2 80.1
Goodwill (Note 9) 1,173.2 1,167.7
Other intangible assets, net (Note 9) 331.4 336.5
Deferred income taxes 230.9 172.2
Other assets 119.6 101.8
Total assets 7,237.1 6,488.1
Current liabilities    
Accounts payable 196.5 180.4
Accrued and other liabilities (Note 5) 670.2 696.5
Operating lease liabilities (Note 6) 27.2 25.5
Total current liabilities 893.9 902.4
Long-term debt (Note 10) 595.0 594.4
Contingent consideration liabilities (Notes 8 and 11) 186.1 172.5
Taxes payable (Note 17) 215.3 236.6
Operating lease liabilities (Note 6) 72.7 58.9
Uncertain tax positions (Note 17) 214.4 171.7
Litigation settlement (Notes 3 and 18) 233.0 0.0
Other long-term liabilities 252.4 203.3
Commitments and contingencies (Notes 6, 10 and 18)
Stockholders' equity (Note 14)    
Preferred stock, $0.01 par value, authorized 50.0 shares, no shares outstanding 0.0 0.0
Common stock, $1.00 par value, 1,050.0 shares authorized, 636.4 and 218.1 shares issued, and 624.3 and 209.1 shares outstanding, respectively 636.4 218.1
Additional paid-in capital 1,438.1 1,623.3
Retained earnings 4,565.0 3,741.6
Accumulated other comprehensive loss (161.1) (156.0)
Treasury stock, at cost, 12.1 and 9.0 shares, respectively (1,904.1) (1,278.7)
Total stockholders' equity 4,574.3 4,148.3
Total liabilities and stockholders' equity $ 7,237.1 $ 6,488.1
Preferred stock, shares outstanding (in shares) 0 0