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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Net sales $ 1,373.9 $ 1,376.0 $ 2,715.1 $ 2,592.6
Cost of sales 269.4 334.3 568.7 627.7
Gross profit 1,104.5 1,041.7 2,146.4 1,964.9
Selling, general, and administrative expenses 409.0 374.5 779.3 705.3
Research and development expenses 250.8 225.3 479.4 432.3
Intellectual property litigation expenses, net 6.1 2.4 13.2 8.8
Change in fair value of contingent consideration liabilities, net (Note 5) (20.9) (102.6) (23.8) (107.1)
Operating income 459.5 542.1 898.3 925.6
Interest (income) expense, net (0.9) 1.0 (1.5) 0.7
Other income, net (4.3) (4.4) (1.0) (9.9)
Income before provision for income taxes 464.7 545.5 900.8 934.8
Provision for income taxes 58.3 56.0 120.8 107.1
Net income $ 406.4 $ 489.5 $ 780.0 $ 827.7
Earnings per share:        
Basic (in dollars per share) $ 0.65 $ 0.79 $ 1.26 $ 1.33
Diluted (in dollars per share) $ 0.65 $ 0.78 $ 1.24 $ 1.31
Weighted-average number of common shares outstanding:        
Basic (in shares) 620.9 622.3 621.5 622.7
Diluted (in shares) 626.7 629.9 628.1 630.6