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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Cash flows from operating activities    
Net income $ 716.0 $ 646.0
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 78.1 71.3
Non-cash operating lease cost 15.1 13.7
Stock-based compensation 88.5 76.3
Change in fair value of contingent consideration liabilities (Note 7) 0.0 (26.2)
Deferred income taxes (101.9) (134.7)
Other 2.0 (0.7)
Changes in operating assets and liabilities:    
Accounts and other receivables, net (32.0) (124.3)
Inventories (163.7) (113.7)
Accounts payable and accrued liabilities 62.7 76.2
Income taxes (370.0) 31.0
Prepaid expenses and other current assets 40.1 (43.4)
Intellectual property agreement accrual (11.8) (14.5)
Long-term prepaid royalties (Note 3) 4.2 (114.0)
Other (9.3) 4.7
Net cash provided by operating activities 318.0 347.7
Cash flows from investing activities    
Capital expenditures (150.7) (109.4)
Purchases of held-to-maturity investments (Note 5) (14.1) (15.5)
Proceeds from held-to-maturity investments (Note 5) 25.2 83.5
Purchases of available-for-sale investments (Note 5) (1.8) (6.8)
Proceeds from available-for-sale investments (Note 5) 388.4 314.5
Investments in intangible assets (20.0) (13.3)
Business combination, net of cash 0.0 (141.2)
Payment for acquisition options (Note 6) (10.8) (15.0)
Issuances of notes receivable (17.5) (22.5)
Other (10.8) (3.6)
Net cash provided by investing activities 187.9 70.7
Cash flows from financing activities    
Purchases of treasury stock (158.3) (256.8)
Proceeds from stock plans 116.4 102.7
Other 7.0 (0.4)
Net cash used in financing activities (34.9) (154.5)
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash 39.1 11.0
Net increase in cash, cash equivalents, and restricted cash 510.1 274.9
Cash, cash equivalents, and restricted cash at beginning of period 1,148.0 772.6
Cash, cash equivalents, and restricted cash at end of period (Note 2) $ 1,658.1 $ 1,047.5