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v3.22.0.1

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Millions | Dec. 31, 2021 | Dec. 31, 2020
--- | --- | ---
Deferred tax assets: |  |
Employee benefits | $ 271.3 | $ 273.0
Litigation reserves | 94.4 | 43.5
Accounts receivable allowances | 425.9 | 393.7
Inventory | 187.8 | 1,187.9
Tax credit and loss carry-forwards | 1,256.0 | 1,080.4
Operating lease assets | 63.6 | 66.5
Interest expense | 111.6 | 67.9
Intangible assets | 151.1 | 156.3
Other | 327.8 | 396.0
Total deferred tax assets, gross | 2,889.5 | 3,665.2
Less: Valuation allowance | (780.4) | (443.6)
Total deferred tax assets | 2,109.1 | 3,221.6
Deferred tax liabilities: |  |
Plant and equipment | 19.6 | 50.2
Operating lease liabilities | 63.6 | 66.5
Intangible assets and goodwill | 3,468.3 | 4,058.6
Other | 39.9 | 22.1
Total deferred tax liabilities | 3,591.4 | 4,197.4
Deferred tax liabilities, net | $ (1,482.3) | $ (975.8)

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