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Balance Sheet Details and Other Financial Information (Tables)
 3 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Short-Term Marketable Securities
Short-term marketable securities consists of available-for-sale debt securities and marketable equity securities.
(In millions)
March 31, 2025December 31, 2024
Debt securities, available-for-sale
$1,795.2 $1,973.3 
Marketable equity securities
1.3 — 
Short-term marketable securities$1,796.5 $1,973.3 
Our available-for-sale debt securities were as follows as of the dates indicated:
March 31, 2025
(In millions)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Market
Value
Debt securities, available-for-sale:
U.S. government agencies (1)
$1,054.4 $0.7 $(0.4)$1,054.7 
Commercial paper231.4 — (0.1)231.3 
Corporate debt508.8 0.5 (0.1)509.2 
Total debt securities, available-for-sale$1,794.6 $1.2 $(0.6)$1,795.2 
(1) Includes debt obligations issued by U.S. government-sponsored enterprises or U.S. government agencies.
December 31, 2024
(In millions)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Market
Value
Debt securities, available-for-sale:
U.S. government agencies (1)
$1,149.4 $1.3 $(0.6)$1,150.1 
Commercial paper312.2 — (0.1)312.1 
Corporate debt511.1 0.4 (0.4)511.1 
Total debt securities, available-for-sale$1,972.7 $1.7 $(1.1)$1,973.3 
(1) Includes debt obligations issued by U.S. government-sponsored enterprises or U.S. government agencies.
Schedule of Inventory
Inventory
(In millions)March 31, 2025December 31, 2024
Raw materials$366.0 $327.1 
Work-in-process64.3 28.1 
Finished goods107.9 187.4 
Total inventory$538.2 $542.6 
Schedule of Prepaid and Other Current Assets
Prepaid and Other Current Assets
(In millions)March 31, 2025December 31, 2024
Prepaid expenses$82.6 $87.5 
Deferred compensation plan assets18.4 18.6 
Income tax receivables14.7 27.9 
Other current assets43.3 39.7 
Total prepaid and other current assets$159.0 $173.7 
Schedule of Property and Equipment
Property and Equipment
(In millions)March 31, 2025December 31, 2024
Land and land improvements$53.4 $53.1 
Building296.7 291.0 
Furniture and fixtures40.2 40.2 
Computer software and hardware79.9 76.6 
Machinery and equipment954.9 908.9 
Leasehold improvements292.6 293.8 
Construction in progress 372.0 354.6 
Total cost2,089.7 2,018.2 
Less: accumulated depreciation and amortization
(725.0)(678.3)
Total property and equipment, net$1,364.7 $1,339.9 
Schedule of Other Assets
Other Assets
(In millions)March 31, 2025December 31, 2024
Non-marketable equity securities
$115.8 $119.3 
Long-term deposits14.1 13.8 
Other assets38.6 39.9 
Total other assets$168.5 $173.0 
Schedule of Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Liabilities
(In millions)
March 31, 2025December 31, 2024
Accounts payable trade$432.0 $345.3 
Accrued tax, audit, and legal fees33.7 38.4 
Accrued rebates 1,156.2 1,135.9 
Deferred compensation plan liabilities18.4 18.6 
Other accrued liabilities 50.3 46.9 
Total accounts payable and accrued liabilities$1,690.6 $1,585.1 
Schedule of Accrued Payroll and Related Expenses
Accrued Payroll and Related Expenses
(In millions)March 31, 2025December 31, 2024
Accrued wages, bonus and taxes$83.5 $74.5 
Other accrued employee benefits27.3 37.5 
Total accrued payroll and related expenses$110.8 $112.0 
Schedule of Other Long-Term Liabilities
Other Long-Term Liabilities
(In millions)March 31, 2025December 31, 2024
Finance lease obligations
$57.6 $58.5 
Asset retirement obligation17.3 17.0 
Other tax liabilities49.0 44.8 
Other liabilities26.4 27.6 
Total other long-term liabilities$150.3 $147.9 
Schedule of Other Income (Expense), Net
Other Income, Net
Three Months Ended
March 31,
(In millions)20252024
Interest and dividend income
$28.5 $36.3 
Interest expense
(4.7)(4.6)
Other expense, net(3.2)(0.3)
Total other income, net
$20.6 $31.4