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OTHER CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables) | 6 Months Ended
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Jun. 30, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Schedule of Components of Selected Captions in the Consolidated Balance Sheets | Components of selected captions in the consolidated condensed balance sheets consisted of the following:
| June 30, 2024 |  | December 31, 2023
Inventories |  |  |
Raw materials | $ | 233.5 |  |  | $ | 196.9 |
Work in process | 237.7 |  |  | 195.7 |
Finished products | 553.5 |  |  | 525.7 |
| $ | 1,024.7 |  |  | $ | 918.3 |
Schedule of Accrued and Other Liabilities |
| June 30, 2024 |  | December 31, 2023
Other assets |  |  |
Tax receivable (Note 14) | $ | 290.0 |  |  | $ | — |
Notes and other receivables | 172.3 |  |  | 155.1 |
Acquisition options | 176.9 |  |  | 161.3 |
Long-term prepaid royalties | 105.7 |  |  | 109.9 |
Fair value of derivatives | 30.5 |  |  | 23.4 |
Other long-term assets | 14.4 |  |  | 13.4 |
| $ | 789.8 |  |  | $ | 463.1 |
Accrued and other liabilities |  |  |
Employee compensation and withholdings | $ | 288.7 |  |  | $ | 318.2 |
Taxes payable | 47.0 |  |  | 52.7 |
Property, payroll, and other taxes | 73.8 |  |  | 53.8 |
Research and development accruals | 78.0 |  |  | 71.6 |
Accrued rebates | 120.6 |  |  | 123.5 |
Fair value of derivatives | 4.7 |  |  | 15.2 |
Accrued marketing expenses | 13.0 |  |  | 13.7 |
Legal and insurance | 32.5 |  |  | 28.9 |
Litigation settlement | 76.7 |  |  | 69.1 |
Accrued relocation costs | 17.0 |  |  | 16.9 |
Accrued professional services | 59.1 |  |  | 8.5 |
Accrued realignment reserves | 8.9 |  |  | 6.4 |
Other accrued liabilities | 82.4 |  |  | 79.7 |
| $ | 902.4 |  |  | $ | 858.2 |
Schedule of Supplemental Cash Flow Information | Supplemental Cash Flow Information (in millions)
| Six Months Ended June 30,
| 2024 |  | 2023
Cash paid during the year for: |  |  |
Income taxes (a) (Note 14) | $ | 528.9 |  |  | $ | 193.5 |
Amounts included in the measurement of operating lease liabilities | $ | 14.5 |  |  | $ | 12.7 |
Non-cash investing and financing transactions: |  |  |
Right-of-use assets obtained in exchange for new lease liabilities | $ | 24.6 |  |  | $ | 5.2 |
Capital expenditures accruals | $ | 24.1 |  |  | $ | 26.2 |
______________________________________ (a) Includes cash paid for income taxes from discontinued operations of $7.1 million and $22.3 million for the six months ended June 30, 2024 and 2023, respectively.
Schedule of Cash and Cash Equivalents | Cash, Cash Equivalents, and Restricted Cash (in millions)
| June 30, 2024 |  | December 31, 2023 |
Continuing operations |  |  |  |
Cash and cash equivalents | $ | 1,644.5 |  |  | $ | 1,136.1 |  |
Restricted cash included in other current assets | 3.5 |  |  | 3.3 |  |
Restricted cash included in other assets | 0.9 |  |  | 0.7 |  |
Total | $ | 1,648.9 |  |  | $ | 1,140.1 |  |
Discontinued operations |  |  |  |
Cash and cash equivalents | $ | 9.2 |  |  | $ | 7.9 |  |
Total | $ | 9.2 |  |  | $ | 7.9 |  |
Total cash, cash equivalents, and restricted cash | $ | 1,658.1 |  |  | $ | 1,148.0 |  |
Schedule of Restricted Cash | Cash, Cash Equivalents, and Restricted Cash (in millions)
| June 30, 2024 |  | December 31, 2023 |
Continuing operations |  |  |  |
Cash and cash equivalents | $ | 1,644.5 |  |  | $ | 1,136.1 |  |
Restricted cash included in other current assets | 3.5 |  |  | 3.3 |  |
Restricted cash included in other assets | 0.9 |  |  | 0.7 |  |
Total | $ | 1,648.9 |  |  | $ | 1,140.1 |  |
Discontinued operations |  |  |  |
Cash and cash equivalents | $ | 9.2 |  |  | $ | 7.9 |  |
Total | $ | 9.2 |  |  | $ | 7.9 |  |
Total cash, cash equivalents, and restricted cash | $ | 1,658.1 |  |  | $ | 1,148.0 |  |

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