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Balance Sheet Details and Other Financial Information (Tables)
 12 Months Ended
Dec. 31, 2023
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Short-Term Marketable Securities
Short-term marketable securities, consisting of available-for-sale debt securities, were as follows as of the dates indicated:
December 31, 2023
(In millions)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Market
Value
Debt securities, available-for-sale:
U.S. government agencies (1)
$1,611.8 $1.2 $(0.5)$1,612.5 
Commercial paper184.8 — (0.1)184.7 
Corporate debt360.8 0.1 (0.3)360.6 
Total debt securities, available-for-sale$2,157.4 $1.3 $(0.9)$2,157.8 
December 31, 2022
(In millions)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Market
Value
Debt securities, available-for-sale:
U.S. government agencies (1)
$1,535.1 $0.2 $(4.6)$1,530.7 
Commercial paper119.6 — (0.2)119.4 
Corporate debt164.3 — (0.5)163.8 
Total debt securities, available-for-sale$1,819.0 $0.2 $(5.3)

$1,813.9 
(1) Includes debt obligations issued by U.S. government-sponsored enterprises or U.S. government agencies.
Schedule of Accounts Receivable
December 31,
(In millions)20232022
Accounts receivable$983.2 $720.6 
Less: allowance for doubtful accounts
(9.3)(7.3)
Total accounts receivable, net$973.9 $713.3 
Schedule of Inventory
December 31,
(In millions)20232022
Raw materials$319.5 $159.0 
Work-in-process30.0 17.2 
Finished goods210.1 130.5 
Total inventory$559.6 $306.7 
Schedule of Prepaid and Other Current Assets
December 31,
(In millions)20232022
Prepaid expenses$58.7 $48.9 
Prepaid inventory31.5 67.8 
Deferred compensation plan assets15.2 10.2 
Income tax receivables13.6 38.9 
Other current assets49.3 26.8 
Total prepaid and other current assets$168.3 $192.6 
Schedule of Property and Equipment
December 31,
(In millions)20232022
Land and land improvements$34.5 $26.9 
Building
190.5 54.3 
Furniture and fixtures36.9 32.6 
Computer software and hardware65.8 48.8 
Machinery and equipment683.3 449.2 
Leasehold improvements283.4 264.4 
Construction in progress 328.1 542.6 
Total cost1,622.5 1,418.8 
Less: accumulated depreciation and amortization
(509.4)(363.2)
Total property and equipment, net$1,113.1 $1,055.6 
Schedule of Intangible Assets and Weighted Average Amortization Period
The following table summarizes the components of gross intangible assets, accumulated amortization, and net intangible asset balances as of December 31, 2023 and December 31, 2022
December 31, 2023
(Dollars in millions)Weighted Average Useful Life
(in years)		Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Verily intangible asset (1)
4.3$152.4 $(31.0)$121.4 
Customer relationships2.424.1 (15.0)9.1 
Acquired technology and intellectual property (2)
0.814.6 (12.6)2.0 
Trademarks and trade name2.64.2 (2.2)2.0 
Intangibles, other0.00.2 (0.2)— 
Total4.1$195.5 $(61.0)$134.5 
December 31, 2022
(Dollars in millions)Weighted Average Useful Life
(in years)		Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Verily intangible (1)
5.3$152.4 $(2.4)$150.0 
Customer relationships3.324.1 (8.7)15.4 
Acquired technology and intellectual property (2)
1.714.6 (9.6)5.0 
Trademarks and trade name3.54.2 (1.3)2.9 
Intangibles, other0.00.2 (0.2)— 
Total4.9$195.5 $(22.2)$173.3 
(1) See Note 2 “Development and Other Agreements” to the consolidated financial statements in Part II, Item 8 of this Annual Report for more information.
(2) Excludes Verily intangible asset.
Schedule of Finite-Lived Intangible Assets Amortization Expense
The following table presents the total amortization expense of finite-lived intangible assets for the twelve months ended December 31, 2023, 2022 and 2021:
Twelve Months Ended
December 31,
(In millions)202320222021
Amortization expense included in cost of sales$30.5 $4.3 $1.9 
Amortization expense included in operating expenses8.1 7.5 3.7 
Total amortization of intangible assets$38.6 $11.8 $5.6 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table presents estimated future amortization of the Company’s finite-lived intangible assets as of December 31, 2023:
(In millions)
202435.2 
202532.6 
202630.9 
202728.6 
20287.2 
Thereafter— 
Total$134.5 
Schedule of Other Assets
December 31,
(In millions)20232022
Long-term investments$38.5 $19.0 
Long-term deposits14.4 16.2 
Other assets22.1 11.9 
Total other assets$75.0 $47.1 
Schedule of Accounts Payable and Accrued Liabilities
December 31,
(In millions)20232022
Accounts payable trade$276.4 $237.9 
Accrued tax, audit, and legal fees42.6 31.9 
Accrued rebates 950.7 556.4 
Accrued warranty12.6 12.8 
Income tax payable
7.512.9
Deferred compensation plan liabilities15.210.2
Other accrued liabilities 40.5 39.7 
Total accounts payable and accrued liabilities$1,345.5 $901.8 
Schedule of Accrued Payroll and Related Expenses
December 31,
(In millions)20232022
Accrued wages, bonus and taxes$139.8 $96.8 
Other accrued employee benefits31.2 37.5 
Total accrued payroll and related expenses$171.0 $134.3 
Schedule of Accrued Warranty
Warranty costs are reflected in our statements of operations as cost of sales. Reconciliations of our accrued warranty costs for the twelve months ended December 31, 2023, 2022 and 2021 were as follows:
Twelve Months Ended
December 31,
(In millions)202320222021
Beginning balance$12.8 $12.9 $11.7 
Charges to costs and expenses51.5 43.0 41.5 
Costs incurred(51.7)(43.1)(40.3)
Ending balance$12.6 $12.8 $12.9 
Schedule of Other Long-Term Liabilities
December 31,
(In millions)20232022
Finance lease obligations$58.6 $59.6 
Deferred revenue, long-term7.4 19.0 
Asset retirement obligation
15.7 11.1 
Other tax liabilities38.7 32.7 
Other liabilities5.2 5.9 
Total other long-term liabilities$125.6 $128.3 
Schedule of Other Nonoperating Income (Expense)
Twelve Months Ended
December 31,
(In millions)202320222021
Interest and dividend income
$135.0 $23.8 $1.7 
Interest expense
(20.3)(18.6)(18.8)
Income from equity investments1.9 0.2 11.6 
Loss on extinguishment of debt— — (0.1)
Other expense, net
(3.9)(5.8)(3.4)
Total other income (expense), net
$112.7 $(0.4)$(9.0)