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INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Deferred tax assets    
Capitalized research and development expenses $ 371.1 $ 199.7
Compensation and benefits 117.9 100.6
Benefits from uncertain tax positions 63.4 42.1
Net tax credit carryforwards 172.9 160.8
Net operating loss carryforwards 75.9 71.7
Accrued liabilities 132.8 93.7
Inventories 15.3 11.9
Cash flow and net investment hedges 1.6 6.6
State income taxes 0.2 0.3
Investments 0.6 0.6
Lease liability obligations 5.8 6.7
Other 0.8 1.9
Total deferred tax assets 958.3 696.6
Deferred tax liabilities    
Property, plant, and equipment (78.2) (80.2)
Deferred tax on foreign earnings (3.6) (19.2)
Right-of-use assets (4.7) (6.0)
Other intangible assets (53.0) (19.9)
Other (2.5) (2.9)
Total deferred tax liabilities (142.0) (128.2)
Valuation allowance (90.2) (99.1)
Net deferred tax assets $ 726.1 $ 469.3