XML 45 R22.htm IDEA: XBRL DOCUMENT v3.20.4
Balance Sheet Details (Tables)
12 Months Ended
Dec. 31, 2020
Condensed Financial Information Disclosure [Abstract]  
Schedule of Short-term Marketable Securities
Short-term marketable securities, consisting of debt securities, were as follows as of the dates indicated:
December 31, 2020
(In millions)Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Market
Value
Debt securities, available for sale:
U.S. government agencies$1,570.4 $0.1 $(0.1)$1,570.4 
Commercial paper258.7 0.1 — 258.8 
Corporate debt60.9 — — 60.9 
Total debt securities, available for sale$1,890.0 $0.2 $(0.1)$1,890.1 
 December 31, 2019
(In millions)Amortized
Cost
Gross
Unrealized
Gains
Gross
Unrealized
Losses
Estimated
Market
Value
Debt securities, available for sale:
U.S. government agencies$675.6 $0.4 $— $676.0 
Commercial paper248.1 0.1 — 248.2 
Corporate debt163.0 — (0.1)162.9 
Total debt securities, available for sale$1,086.7 $0.5 $(0.1)$1,087.1 
Schedule of Reconciliation of Net Gain (Loss) Recognized on Equity Securities
The following table reconciles the net gain recognized on marketable equity securities during the twelve months ended December 31, 2020, 2019 and 2018 to the unrealized gain recognized during those periods on equity securities still held at the reporting dates.
Twelve Months Ended 
 December 31,
(In millions)202020192018
Net gains and losses recognized during the period on equity securities$— $(4.2)$80.1 
Less: Net gains and losses recognized during the period on equity securities sold during the period— 4.2 (44.1)
Unrealized gains recognized during the reporting period on equity securities still held at the reporting date$— $— $36.0 
Schedule of Accounts Receivable
December 31,
(In millions)20202019
Accounts receivable$435.7 $292.1 
Less allowance for doubtful accounts(7.2)(5.8)
Total accounts receivable, net$428.5 $286.3 
Schedule of Inventory
December 31,
(In millions)20202019
Raw materials$69.9 $64.9 
Work-in-process14.2 11.1 
Finished goods150.6 43.8 
Total inventory$234.7 $119.8 
Schedule of Property and Equipment
December 31,
(In millions)20202019
Land (1)
$15.6 $— 
Building (1)
49.2 15.5 
Furniture and fixtures15.3 12.8 
Computer software and hardware35.7 32.7 
Machinery and equipment198.9 130.2 
Leasehold improvements135.8 102.5 
Construction in progress 219.0 132.6 
Total cost669.5 426.3 
Less accumulated depreciation and amortization(154.2)(105.0)
Total property and equipment, net$515.3 $321.3 
(1) Represents our finance lease right-of-use assets.
Schedule of Accounts Payable and Accrued Liabilities
December 31,
(In millions)20202019
Accounts payable trade$163.3 $102.3 
Accrued tax, audit, and legal fees15.3 14.0 
Accrued rebates 247.0 93.3 
Accrued warranty11.7 7.4 
Other accrued liabilities 43.8 39.4 
Total accounts payable and accrued liabilities$481.1 $256.4 
Schedule of Accrued Warranty Reconciliations of our accrued warranty costs for the twelve months ended December 31, 2020 and 2019 were as follows:
Twelve Months Ended
December 31,
(In millions)20202019
Beginning balance$7.4 $6.8 
Charges to costs and expenses41.3 32.7 
Costs incurred(37.0)(32.1)
Ending balance$11.7 $7.4 
Schedule of Other Long-Term Liabilities
December 31,
(In millions)20202019
Finance lease obligations$54.0 $14.4 
Contractual obligations12.6 — 
Other liabilities14.3 5.7 
Total other liabilities$80.9 $20.1