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INCOME TAXES - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Deferred tax assets    
Capitalized research and development expenses $ 533.8 $ 371.1
Compensation and benefits 123.7 117.9
Benefits from uncertain tax positions 89.6 63.4
Net tax credit carryforwards 289.1 144.2
Net operating loss carryforwards 132.1 73.0
Accrued liabilities 145.2 131.7
Inventories 14.9 15.1
Cash flow and net investment hedges 0.0 1.3
State income taxes 3.2 0.2
Investments 1.2 0.6
Lease liability obligations 6.5 5.8
Other 2.8 0.7
Total deferred tax assets 1,342.1 925.0
Deferred tax liabilities    
Property, plant, and equipment (76.4) (78.2)
Cash flow and net investment hedges (11.8) 0.0
Deferred tax on foreign earnings (3.6) (3.6)
Right-of-use assets (4.3) (4.7)
Other intangible assets (230.3) (46.1)
Other (4.8) (2.4)
Total deferred tax liabilities (331.2) (135.0)
Valuation allowance (87.8) (62.1)
Net deferred tax assets $ 923.1 $ 727.9