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v3.25.1

Other Consolidated Financial Statement Detail (Details) - USD ($) $ in Millions | 3 Months Ended |
--- | --- | ---
Mar. 31, 2025 | Mar. 31, 2024 | Dec. 31, 2024
Other Income (Expense), Net |  |  |
Interest income | $ (23.9) | $ (17.4) |
Interest expense | 60.0 | 69.2 |
(Gains) losses on investments, net | 35.6 | 30.6 |
Foreign exchange (gains) losses, net | (3.8) | 9.4 |
Other, net | 0.5 | 1.9 |
Other (income) expense, net | 68.4 | 93.7 |
Equity Securities, FV-NI, Gain (Loss), Alternative [Abstract] |  |  |
Net (gains) losses recognized on equity securities | 35.6 | 30.6 |
Less: Net (gains) losses realized on equity securities | (5.4) | 4.9 |
Net unrealized (gains) losses recognized on equity securities | 41.0 | $ 25.7 |
Accrued Expenses and Other |  |  |
Revenue-related reserves for discounts and allowances | 1,170.4 |  | $ 1,091.6
Employee compensation and benefits | 192.3 |  | 375.8
Collaboration expense | 233.1 |  | 309.0
Royalties and licensing fees | 166.9 |  | 190.2
Contingent consideration obligations | 294.3 |  | 291.2
Other | 678.9 |  | 704.0
Total accrued expense and other | 2,530.7 |  | 2,807.7
Component of accrued expenses and other |  |  |
Accrued Expenses and Other |  |  |
Revenue-related reserves for discounts and allowances | $ 965.2 |  | $ 937.5

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