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ACQUISITION (Tables)
 3 Months Ended
Mar. 31, 2023
Business Combination and Asset Acquisition [Abstract]  
Summary of Preliminary Fair Values of Assets Acquired and Liabilities Assumed The following table summarizes the preliminary fair values of the assets acquired and liabilities assumed (in millions):
Assets$7.5 
Goodwill143.0 
In-process research and development150.5 
Liabilities assumed(16.1)
Deferred tax liabilities(25.1)
Fair value of net assets acquired259.8 
Less: Noncontrolling interest (a)
(84.0)
Total purchase price
175.8 
Less: cash acquired(6.8)
Total purchase price, net of cash acquired (b)
$169.0 
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(a) Includes the fair value of the noncontrolling interest of $99.0 million offset by the purchase consideration allocated to the option of $15.0 million, which was ascribed to the noncontrolling interest.
(b)     Includes $22.5 million paid in a previous year under option agreements and $5.3 million for the settlement of a pre-existing note.