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v3.23.1

Fair Value Measurements (Details) - USD ($) $ in Millions | Mar. 31, 2023 | Dec. 31, 2022 | Mar. 31, 2022 | Dec. 31, 2021
--- | --- | --- | --- | ---
Assets: |  |  |  |
Marketable debt securities | $ 3,121.3 | $ 2,179.2 |  |
Samsung Bioepis |  |  |  |
Liabilities: |  |  |  |
Equity, ownership interest | 49.90% |  | 49.90% |
Fair Value, Measurements Recurring |  |  |  |
Assets: |  |  |  |
Cash equivalents | $ 2,406.6 | 2,847.6 |  |
Marketable equity securities | 678.1 | 791.1 |  |
Derivative contracts | 35.1 | 63.0 |  |
Plan assets for deferred compensation | 34.1 | 32.8 |  |
Total | 7,496.7 | 7,117.9 |  |
Liabilities: |  |  |  |
Derivative contracts | 39.8 | 26.0 |  |
Contingent consideration obligations |  |  | $ 202.0 | $ 209.1
Total | 39.8 | 26.0 |  |
Fair Value, Measurements Recurring | Samsung Bioepis |  |  |  |
Assets: |  |  |  |
Other current assets, receivable | 809.9 | 798.8 |  |
Other assets, receivable | 411.6 | 405.4 |  |
Fair Value, Measurements Recurring | Corporate debt securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 1,704.2 | 1,231.6 |  |
Fair Value, Measurements Recurring | Government securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 1,285.0 | 810.3 |  |
Fair Value, Measurements Recurring | Mortgage and other asset backed securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 132.1 | 137.3 |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements Recurring |  |  |  |
Assets: |  |  |  |
Cash equivalents | 0.0 | 0.0 |  |
Marketable equity securities | 678.1 | 791.1 |  |
Derivative contracts | 0.0 | 0.0 |  |
Plan assets for deferred compensation | 0.0 | 0.0 |  |
Total | 678.1 | 791.1 |  |
Liabilities: |  |  |  |
Derivative contracts | 0.0 | 0.0 |  |
Total | 0.0 | 0.0 |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements Recurring | Samsung Bioepis |  |  |  |
Assets: |  |  |  |
Other current assets, receivable | 0.0 | 0.0 |  |
Other assets, receivable | 0.0 | 0.0 |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements Recurring | Corporate debt securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements Recurring | Government securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |
Quoted Prices in Active Markets (Level 1) | Fair Value, Measurements Recurring | Mortgage and other asset backed securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements Recurring |  |  |  |
Assets: |  |  |  |
Cash equivalents | 2,406.6 | 2,847.6 |  |
Marketable equity securities | 0.0 | 0.0 |  |
Derivative contracts | 35.1 | 63.0 |  |
Plan assets for deferred compensation | 34.1 | 32.8 |  |
Total | 5,597.1 | 5,122.6 |  |
Liabilities: |  |  |  |
Derivative contracts | 39.8 | 26.0 |  |
Total | 39.8 | 26.0 |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements Recurring | Samsung Bioepis |  |  |  |
Assets: |  |  |  |
Other current assets, receivable | 0.0 | 0.0 |  |
Other assets, receivable | 0.0 | 0.0 |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements Recurring | Corporate debt securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 1,704.2 | 1,231.6 |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements Recurring | Government securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 1,285.0 | 810.3 |  |
Significant Other Observable Inputs (Level 2) | Fair Value, Measurements Recurring | Mortgage and other asset backed securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 132.1 | 137.3 |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements Recurring |  |  |  |
Assets: |  |  |  |
Cash equivalents | 0.0 | 0.0 |  |
Marketable equity securities | 0.0 | 0.0 |  |
Derivative contracts | 0.0 | 0.0 |  |
Plan assets for deferred compensation | 0.0 | 0.0 |  |
Total | 1,221.5 | 1,204.2 |  |
Liabilities: |  |  |  |
Derivative contracts | 0.0 | 0.0 |  |
Total | 0.0 | 0.0 |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements Recurring | Samsung Bioepis |  |  |  |
Assets: |  |  |  |
Other current assets, receivable | 809.9 | 798.8 |  |
Other assets, receivable | 411.6 | 405.4 |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements Recurring | Corporate debt securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements Recurring | Government securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | 0.0 | 0.0 |  |
Significant Unobservable Inputs (Level 3) | Fair Value, Measurements Recurring | Mortgage and other asset backed securities |  |  |  |
Assets: |  |  |  |
Marketable debt securities | $ 0.0 | $ 0.0 |  |

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