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Organization and Significant Accounting Policies (Tables)
3 Months Ended
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Basic and Diluted Net Income per Share
The following table sets forth the computation of basic and diluted net income per share for the periods shown:
Three Months Ended
March 31,
(In millions, except per share data)20252024
Net income$105.4 $146.4 
Add back interest expense, net of tax attributable to assumed conversion of senior convertible notes2.9 2.9 
Net income - diluted$108.3 $149.3 
Net income per common share
Basic$0.27 $0.38 
Diluted$0.27 $0.36 
Basic weighted average shares outstanding391.1 390.2 
Dilutive potential securities:
Collaborative sales-based milestones
— 0.7 
RSUs and PSUs
0.7 1.3 
Senior convertible notes15.7 15.7 
Warrants— 8.8 
Diluted weighted average shares outstanding407.5 416.7 
Schedule of Outstanding Anti-dilutive Securities Excluded from Diluted Net Income per Share
Outstanding anti-dilutive securities not included in the calculations of diluted net income per share attributable to common stockholders were as follows:
Three Months Ended
March 31,
(In millions)20252024
RSUs and PSUs
1.2 0.4