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OTHER CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables) | 3 Months Ended
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Mar. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Inventory | Components of selected captions in the consolidated condensed balance sheets consisted of the following:
| March 31, 2023 |  | December 31, 2022
Inventories |  |  |
Raw materials | $ | 164.6 |  |  | $ | 156.4 |
Work in process | 206.4 |  |  | 177.4 |
Finished products | 543.3 |  |  | 541.7 |
| $ | 914.3 |  |  | $ | 875.5 |
Schedule of Accrued and Other Liabilities |
| March 31, 2023 |  | December 31, 2022
Accrued and other liabilities |  |  |
Employee compensation and withholdings | $ | 225.8 |  |  | $ | 268.7 |
Taxes payable | 120.8 |  |  | 50.6 |
Property, payroll, and other taxes | 53.6 |  |  | 45.6 |
Research and development accruals | 67.7 |  |  | 66.9 |
Accrued rebates | 112.3 |  |  | 116.1 |
Fair value of derivatives | 23.4 |  |  | 20.7 |
Accrued marketing expenses | 13.2 |  |  | 17.0 |
Legal and insurance | 29.1 |  |  | 28.1 |
Intellectual property agreements (a) | 95.4 |  |  | 53.3 |
Accrued relocation costs | 26.2 |  |  | 25.2 |
Accrued professional services | 10.6 |  |  | 6.6 |
Accrued realignment reserves | 14.8 |  |  | 15.6 |
Other accrued liabilities | 83.2 |  |  | 80.6 |
| $ | 876.1 |  |  | $ | 795.0 |
_______________________________________ (a) As of March 31, 2023, $95.4 million was accrued in "Accrued and other liabilities" and $130.1 million was accrued in "Litigation agreement accrual" on the consolidated condensed balance sheet related to intellectual property agreements with Abbott Laboratories and its direct and indirect subsidiaries, and Medtronic, Inc.
Schedule of Supplemental Cash Flow Information | Supplemental Cash Flow Information (in millions)
| Three Months Ended March 31,
| 2023 |  | 2022
Cash paid during the year for: |  |  |
Amounts included in the measurement of lease liabilities: |  |  |
Operating cash flows from operating leases | $ | 7.1 |  |  | $ | 7.6 |
Non-cash investing and financing transactions: |  |  |
Right-of-use assets obtained in exchange for new lease liabilities | $ | 2.2 |  |  | $ | 6.4 |
Capital expenditures accruals | $ | 26.5 |  |  | $ | 23.8 |
Schedule of Cash and Cash Equivalents | Cash, Cash Equivalents, and Restricted Cash (in millions)
| March 31, 2023 |  | December 31, 2022 |
Cash and cash equivalents | $ | 872.5 |  |  | $ | 769.0 |  |
Restricted cash included in other current assets | 0.6 |  |  | 0.5 |  |
Restricted cash included in other assets | 3.3 |  |  | 3.1 |  |
Total cash, cash equivalents, and restricted cash | $ | 876.4 |  |  | $ | 772.6 |  |
Schedule of Restricted Cash | Cash, Cash Equivalents, and Restricted Cash (in millions)
| March 31, 2023 |  | December 31, 2022 |
Cash and cash equivalents | $ | 872.5 |  |  | $ | 769.0 |  |
Restricted cash included in other current assets | 0.6 |  |  | 0.5 |  |
Restricted cash included in other assets | 3.3 |  |  | 3.1 |  |
Total cash, cash equivalents, and restricted cash | $ | 876.4 |  |  | $ | 772.6 |  |

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