OTHER CONSOLIDATED FINANCIAL STATEMENT DETAILS

12 Months Ended

Dec. 31, 2021

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 balance sheets are as follows:


	As of December 31,
	2021		2020
	(in millions)
Inventories
Raw materials	$	132.8	$	136.7
Work in process	164.3		140.0
Finished products	429.6		525.6
	$	726.7	$	802.3
Property, plant, and equipment, net
Land	$	116.5	$	97.6
Buildings and leasehold improvements	1,010.1		881.5
Machinery and equipment	613.4		564.9
Equipment with customers	39.2		42.2
Software	88.2		94.2
Construction in progress	333.8		313.3
	2,201.2		1,993.7
Accumulated depreciation	(654.6)		(598.5)
	$	1,546.6	$	1,395.2

Accrued and other liabilities
Employee compensation and withholdings	$	319.7	$	236.7
Accrued rebates	77.0		67.2
Property, payroll, and other taxes	68.9		49.7
Research and development accruals	58.2		52.3


	As of December 31,
	2021		2020
	(in millions)
Legal and insurance (Notes 3 and 18)	79.1		60.8
Taxes payable	30.6		18.6
Fair value of derivatives	3.9		39.3
Accrued marketing expenses	20.1		14.3
Accrued professional services	11.9		7.6
Accrued realignment reserves	19.1		14.5
Accrued relocation costs	26.2		21.0
Other accrued liabilities	87.6		88.2
	$	802.3	$	670.2

Supplemental Cash Flow Information

(in millions)


	Years Ended December 31,
	2021		2020		2019
Cash paid during the year for:
Interest	$	20.2	$	19.9	$	19.9
Income taxes	$	182.5	$	197.9	$	61.5
Amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	31.9	$	29.7	$	28.6
Non-cash investing and financing transactions:


Right-of-use assets obtained in exchange for new lease liabilities	$	28.7	$	39.7	$	49.6
Capital expenditures accruals	$	54.3	$	80.4	$	50.8

Conversion of notes receivable to equity investment	$	21.5	$	4.5	$	—

Cash, Cash Equivalents, and Restricted Cash

(in millions)


	Years Ended December 31,
	2021		2020		2019
Cash and cash equivalents	$	862.8	$	1,183.2	$	1,179.1
Restricted cash included in other current assets	1.5		16.6		1.6
Restricted cash included in other assets	3.1		0.4		3.7
Total cash, cash equivalents, and restricted cash	$	867.4	$	1,200.2	$	1,184.4

Amounts included in restricted cash primarily represent funds placed in escrow related to litigation and real estate purchases. Restricted cash as of December 31, 2020 also included funds restricted for construction.