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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

Accounting Policies [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Share

The table below presents the computation of basic and diluted earnings per share (in millions, except for per share information):

			Years Ended December 31,
			2020						2019						2018
Basic:
Net income			$	823.4					$	1,046.9					$	722.2
Weighted-average shares outstanding			622.6						624.8						627.6
Basic earnings per share			$	1.32					$	1.68					$	1.15
Diluted:
Net income			$	823.4					$	1,046.9					$	722.2
Weighted-average shares outstanding			622.6						624.8						627.6
Dilutive effect of stock plans			9.3						11.9						13.3
Dilutive weighted-average shares outstanding			631.9						636.7						640.9
Diluted earnings per share			$	1.30					$	1.64					$	1.13

Schedule of Stock-Based Compensation Expense

Total stock-based compensation expense was as follows (in millions):

			Years Ended December 31,
			2020						2019						2018
Cost of sales			$	17.2					$	14.7					$	11.4
Selling, general, and administrative expenses			56.6						51.2						46.3
Research and development expenses			18.8						15.4						13.3
Total stock-based compensation expense			92.6						81.3						71.0
Income tax benefit			(15.4)						(14.8)						(13.4)
Total stock-based compensation expense, net of tax			$	77.2					$	66.5					$	57.6

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
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Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
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