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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
 [1]
Current assets:    
Cash and cash equivalents $ 698.1 $ 1,052.6
Short-term marketable securities 1,673.8 1,678.6
Accounts receivable, net 564.1 514.3
Inventory 311.0 357.3
Prepaid and other current assets 151.5 81.6
Total current assets 3,398.5 3,684.4
Property and equipment, net 1,002.5 801.8
Operating lease right-of-use assets 73.1 88.1
Goodwill 24.7 26.5
Intangibles, net 24.4 31.5
Deferred tax assets 342.3 290.5
Other assets 33.7 10.5
Total assets 4,899.2 4,933.3
Current liabilities:    
Accounts payable and accrued liabilities 764.2 573.0
Accrued payroll and related expenses 112.7 125.2
Short-term operating lease liabilities 20.9 20.5
Deferred revenue 2.7 2.1
Total current liabilities 900.5 720.8
Long-term senior convertible notes 1,968.8 1,981.8
Long-term operating lease liabilities 82.1 98.6
Other long-term liabilities 123.3 90.0
Total liabilities 3,074.7 2,891.2
Commitments and contingencies
Stockholders’ equity:    
Preferred stock, $0.001 par value, 5.0 million shares authorized; no shares issued and outstanding at September 30, 2022 and December 31, 2021 0.0 0.0
Common stock, $0.001 par value, 800.0 million shares authorized; 393.1 million and 386.2 million shares issued and outstanding, respectively, at September 30, 2022; and 391.4 million and 388.0 million shares issued and outstanding, respectively, at December 31, 2021 0.4 0.4
Additional paid-in capital 2,072.1 2,108.7
Accumulated other comprehensive income (loss) (41.1) 0.5
Retained earnings 388.1 138.7
Treasury stock, at cost; 6.9 million shares at September 30, 2022 and 3.4 million shares at December 31, 2021 (595.0) (206.2)
Total stockholders’ equity 1,824.5 2,042.1
Total liabilities and stockholders’ equity $ 4,899.2 $ 4,933.3
[1] * We adjusted our 2021 amounts to reflect the simplified convertible instruments accounting guidance, which we adopted on a full retrospective basis. All periods presented have also been adjusted to reflect the four-for-one stock split. Refer to Note 1, “Organization and Significant Accounting Policies,” for further information.