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Balance Sheet Details (Tables) | 9 Months Ended
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Sep. 30, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract] |
Short Term Marketable Securities, Available for Sale | Short-Term Marketable Securities Short-term marketable securities, consisting of equity securities and debt securities, were as follows as of the dates indicated.
| September 30, 2019
(In millions) | Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Market Value
Debt securities, available for sale: |  |  |  |  |  |  |
U.S. government agencies | $ | 698.6 |  |  | $ | 0.4 |  |  | $ | — |  |  | $ | 699.0 |
Commercial paper | 277.9 |  |  | 0.1 |  |  | (0.1 | ) |  | 277.9 |
Corporate debt | 57.4 |  |  | — |  |  | — |  |  | 57.4 |
Total debt securities, available for sale | 1,033.9 |  |  | 0.5 |  |  | (0.1 | ) |  | 1,034.3 |
Total marketable securities | $ | 1,033.9 |  |  | $ | 0.5 |  |  | $ | (0.1 | ) |  | $ | 1,034.3 |
| December 31, 2018
(In millions) | Cost or Amortized Cost |  | Gross Unrealized Gains |  | Gross Unrealized Losses |  | Estimated Market Value
Equity investment in Tandem Diabetes Care, Inc. | $ | 2.0 |  |  | $ | 36.0 |  |  | $ | — |  |  | $ | 38.0 |
Debt securities, available for sale: |  |  |  |  |  |  |
U.S. government agencies | 173.2 |  |  | — |  |  | (0.1 | ) |  | 173.1 |
Commercial paper | 36.2 |  |  | — |  |  | — |  |  | 36.2 |
Corporate debt | 1.3 |  |  | — |  |  | — |  |  | 1.3 |
Total debt securities, available for sale | 210.7 |  |  | — |  |  | (0.1 | ) |  | 210.6 |
Total marketable securities | $ | 212.7 |  |  | $ | 36.0 |  |  | $ | (0.1 | ) |  | $ | 248.6 |
Net Gain Recognized on Equity Securities | The following table reconciles the net gain recognized on equity securities during the three and nine months ended September 30, 2019 and 2018 to the unrealized gain recognized during the periods on equity securities still held at the reporting date. We sold the equity investment in Tandem Diabetes Care, Inc. that we held as of December 31, 2018 during the first quarter of 2019 and did not have any outstanding equity securities as of September 30, 2019.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
(In millions) | 2019 |  | 2018 |  | 2019 |  | 2018
Net gains and losses recognized during the period on equity securities | $ | — |  |  | $ | 34.9 |  |  | $ | (4.2 | ) |  | $ | 85.0 |
Less: Net gains and losses recognized during the period on equity securities sold during the period | — |  |  | (14.1 | ) |  | 4.2 |  |  | (44.2 | )
Unrealized gains recognized during the reporting period on equity securities still held at the reporting date | $ | — |  |  | $ | 20.8 |  |  | $ | — |  |  | $ | 40.8 |
Inventory | Inventory
(In millions) | September 30, 2019 |  | December 31, 2018
Raw materials | $ | 57.9 |  |  | $ | 30.8 |
Work-in-process | 8.2 |  |  | 11.2 |
Finished goods | 54.3 |  |  | 28.7 |
Total inventory | $ | 120.4 |  |  | $ | 70.7 |
Property, Plant and Equipment | Property and Equipment
(In millions) | September 30, 2019 |  | December 31, 2018
Building and land | $ | 15.5 |  |  | $ | 6.0 |
Furniture and fixtures | 12.2 |  |  | 9.0 |
Computer software and hardware | 32.8 |  |  | 29.2 |
Machinery and equipment | 97.5 |  |  | 80.7 |
Leasehold improvements | 96.6 |  |  | 80.7 |
Construction in progress | 148.0 |  |  | 57.3 |
Total cost | 402.6 |  |  | 262.9 |
Less accumulated depreciation and amortization | (101.6 | ) |  | (79.8 | )
Total property and equipment, net | $ | 301.0 |  |  | $ | 183.1 |
Accounts Payable and Accrued Liabilities | Accounts Payable and Accrued Liabilities
(In millions) | September 30, 2019 |  | December 31, 2018
Accounts payable trade | $ | 101.4 |  |  | $ | 75.5 |
Accrued tax, audit, and legal fees | 20.3 |  |  | 11.7 |
Accrued rebates | 74.6 |  |  | 36.1 |
Accrued warranty | 7.5 |  |  | 6.8 |
Restructuring reserve | 0.7 |  |  | — |
Other accrued liabilities | 27.9 |  |  | 17.0 |
Total accounts payable and accrued liabilities | $ | 232.4 |  |  | $ | 147.1 |
Other Liabilities | Other Long-Term Liabilities
(In millions) | September 30, 2019 |  | December 31, 2018
Finance lease liabilities | $ | 14.5 |  |  | $ | 7.3 |
Deferred rent | — |  |  | 9.4 |
Other liabilities | 3.1 |  |  | 3.3 |
Total other long-term liabilities | $ | 17.6 |  |  | $ | 20.0 |

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