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GOODWILL AND OTHER INTANGIBLE ASSETS (Tables) | 12 Months Ended
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Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of Changes in the Carrying Amount of Goodwill, by Segment | The changes in the carrying amount of goodwill, by segment, during the years ended December 31, 2024 and 2023 were as follows:
| United States |  | Europe |  | Rest of World |  | Total
| (in millions)
Goodwill at December 31, 2022 | $ | 710.7 |  |  | $ | 56.3 |  |  | $ | 297.8 |  |  | $ | 1,064.8 |
Goodwill acquired during the year | — |  |  | — |  |  | 78.4 |  |  | 78.4 |
Currency translation adjustment | — |  |  | 1.9 |  |  | — |  |  | 1.9 |
Goodwill at December 31, 2023 | 710.7 |  |  | 58.2 |  |  | 376.2 |  |  | 1,145.1 |
Goodwill acquired during the year (Note 10) | 429.2 |  |  | — |  |  | 205.4 |  |  | 634.6 |
Currency translation adjustment | — |  |  | (3.0) |  |  | — |  |  | (3.0) |
Goodwill at December 31, 2024 | $ | 1,139.9 |  |  | $ | 55.2 |  |  | $ | 581.6 |  |  | $ | 1,776.7 |
Schedule of Finite-Lived Other Intangible Assets | Other intangible assets consist of the following (in millions):
|  |  | December 31,
| Weighted-Average Useful Life (in years) |  | 2024 |  | 2023
|  | Cost |  | Accumulated Amortization |  | Net Carrying Value |  | Cost |  | Accumulated Amortization |  | Net Carrying Value
Finite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 10.0 |  | $ | 138.8 |  |  | $ | (90.5) |  |  | $ | 48.3 |  |  | $ | 119.0 |  |  | $ | (87.3) |  |  | $ | 31.7 |
Developed technology | 12.2 |  | 665.2 |  |  | (47.4) |  |  | 617.8 |  |  | 155.8 |  |  | (45.7) |  |  | 110.1 |
Other | 0.0 |  | 3.4 |  |  | (3.4) |  |  | — |  |  | 3.5 |  |  | (3.5) |  |  | — |
| 12.1 |  | 807.4 |  |  | (141.3) |  |  | 666.1 |  |  | 278.3 |  |  | (136.5) |  |  | 141.8 |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |
In-process research and development |  |  | 510.5 |  |  | — |  |  | 510.5 |  |  | 257.6 |  |  | — |  |  | 257.6 |
|  |  | $ | 1,317.9 |  |  | $ | (141.3) |  |  | $ | 1,176.6 |  |  | $ | 535.9 |  |  | $ | (136.5) |  |  | $ | 399.4 |
Schedule of Indefinite-Lived Other Intangible Assets | Other intangible assets consist of the following (in millions):
|  |  | December 31,
| Weighted-Average Useful Life (in years) |  | 2024 |  | 2023
|  | Cost |  | Accumulated Amortization |  | Net Carrying Value |  | Cost |  | Accumulated Amortization |  | Net Carrying Value
Finite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |
Patents | 10.0 |  | $ | 138.8 |  |  | $ | (90.5) |  |  | $ | 48.3 |  |  | $ | 119.0 |  |  | $ | (87.3) |  |  | $ | 31.7 |
Developed technology | 12.2 |  | 665.2 |  |  | (47.4) |  |  | 617.8 |  |  | 155.8 |  |  | (45.7) |  |  | 110.1 |
Other | 0.0 |  | 3.4 |  |  | (3.4) |  |  | — |  |  | 3.5 |  |  | (3.5) |  |  | — |
| 12.1 |  | 807.4 |  |  | (141.3) |  |  | 666.1 |  |  | 278.3 |  |  | (136.5) |  |  | 141.8 |
Indefinite-lived intangible assets |  |  |  |  |  |  |  |  |  |  |  |  |
In-process research and development |  |  | 510.5 |  |  | — |  |  | 510.5 |  |  | 257.6 |  |  | — |  |  | 257.6 |
|  |  | $ | 1,317.9 |  |  | $ | (141.3) |  |  | $ | 1,176.6 |  |  | $ | 535.9 |  |  | $ | (136.5) |  |  | $ | 399.4 |
Schedule of Estimated Amortization Expense | Estimated amortization expense for each of the years ending December 31 is as follows (in millions):
2025 | $ | 9.8 |
2026 | 19.1 |
2027 | 33.0 |
2028 | 56.8 |
2029 | 81.3 |

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