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17. Quarterly Financial Data (Tables) | 9 Months Ended | 12 Months Ended
--- | --- | ---
Sep. 30, 2022 | Dec. 31, 2022
Quarterly Financial Data [Abstract] |  |
Schedule of Quarterly Financial Data [Table Text Block] |  | Summarized quarterly financial data for the years ended December 31, 2022 and 2021 are as follows (in millions, except per share data):
|  | First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter
2022 |  |  |  |  |  |  |  |
Net sales |  | $ | 700.1 |  |  | $ | 691.1 |  |  | $ | 680.8 |  |  | $ | 730.3 |
Gross profit |  | 402.6 |  |  | 395.0 |  |  | 372.6 |  |  | 397.1 |
Net income (loss) |  | (3,367.3) |  |  | (925.1) |  |  | (162.8) |  |  | 827.7 |
Basic earnings (loss) per share |  | (112.5) |  |  | (31.05) |  |  | (5.48) |  |  | 27.89 |
Diluted earnings (loss) per share |  | (112.5) |  |  | (31.05) |  |  | (5.48) |  |  | 27.78 |
2021 |  |  |  |  |  |  |  |
Net sales |  | $ | 726.8 |  |  | $ | 715.9 |  |  | $ | 747.0 |  |  | $ | 732.8 |
Gross profit |  | 400.5 |  |  | 401.1 |  |  | 436.5 |  |  | 399.9 |
Net income |  | 980.0 |  |  | 916.8 |  |  | 3,929.6 |  |  | (1,572.2) |
Basic earnings per share |  | 32.86 |  |  | 30.80 |  |  | 131.80 |  |  | (52.54) |
Diluted earnings per share |  | 32.46 |  |  | 30.41 |  |  | 130.02 |  |  | (52.54) |
Schedule of Error Corrections and Prior Period Adjustments |  | The effect of the revision to our consolidated balance sheet as of December 31, 2021 was as follows (in millions):
|  | December 31, 2021
|  | As reported |  | Adjustment |  | As revised
Consolidated Balance Sheet: |  |  |  |  |  |
Prepaid expenses |  | $ | 107.7 |  |  | $ | 1.4 |  |  | $ | 109.1 |
Property, plant and equipment, net |  | 491.0 |  |  | 20.7 |  |  | 511.7 |
Other assets |  | 102.7 |  |  | 1.5 |  |  | 104.2 |
Deferred income taxes |  | 3,059.1 |  |  | 5.5 |  |  | 3,064.6 |
Retained earnings |  | 13,507.2 |  |  | 18.1 |  |  | 13,525.3 |
The effect of the revision to our consolidated statements of income (loss) and consolidated statements of cash flows for the years ended December 31, 2021 and 2020 were as follows (in millions, except per share data):
|  | Year Ended December 31, 2021
|  | As reported |  | Adjustment |  | As revised
Consolidated Statements of Income (Loss): |  |  |  |  |  |
Cost of goods sold |  | $ | 1,281.9 |  |  | $ | 2.6 |  |  | $ | 1,284.5 |
Selling, general and administrative expense |  | 879.6 |  |  | (2.5) |  |  | 877.1 |
Research and development expense |  | 271.7 |  |  | (11.1) |  |  | 260.6 |
Income from operations |  | 489.4 |  |  | 10.9 |  |  | 500.3 |
Benefit from (provision for) income taxes |  | (1,192.2) |  |  | (2.6) |  |  | (1,194.8) |
Net income (loss) |  | 4,245.9 |  |  | 8.4 |  |  | 4,254.3 |
Net income (loss) per basic share |  | 142.33 |  |  | 0.28 |  |  | 142.61 |
Net income (loss) per diluted share |  | 140.56 |  |  | 0.27 |  |  | 140.83 |
|  | Year Ended December 31, 2021
|  | As reported |  | Adjustment |  | As revised
Consolidated Statement of Cash Flows: |  |  |  |  |  |
Net cash provided by operating activities |  | $ | 656.5 |  |  | $ | 13.0 |  |  | $ | 669.5 |
Net cash used in investing activities |  | (784.4) |  |  | (13.0) |  |  | (797.4) |
|  | Year Ended December 31, 2020
|  | As reported |  | Adjustment |  | As revised
Consolidated Statements of Income (Loss): |  |  |  |  |  |
Cost of goods sold |  | $ | 1,107.8 |  |  | $ | (0.1) |  |  | $ | 1,107.7 |
Selling, general and administrative expense |  | 800.3 |  |  | (1.5) |  |  | 798.8 |
Research and development expense |  | 226.6 |  |  | (8.8) |  |  | 217.8 |
Income from operations |  | 411.0 |  |  | 10.4 |  |  | 421.3 |
Benefit from (provision for) income taxes |  | (1,101.4) |  |  | (2.4) |  |  | (1,103.8) |
Net income (loss) |  | 3,806.3 |  |  | 8.0 |  |  | 3,814.2 |
Net income (loss) per basic share |  | 127.86 |  |  | 0.27 |  |  | 128.13 |
Net income (loss) per diluted share |  | 126.20 |  |  | 0.27 |  |  | 126.47 |
|  | Year Ended December 31, 2020
|  | As reported |  | Adjustment |  | As revised
Consolidated Statement of Cash Flows: |  |  |  |  |  |
Net cash provided by operating activities |  | $ | 575.3 |  |  | $ | 9.6 |  |  | $ | 585.0 |
Net cash used in investing activities |  | (60.3) |  |  | (9.6) |  |  | (69.9) |
In addition, the revision effected prior year amounts disclosed in Note 7, Income Taxes; Note 12, Supplemental Cash Flow Information; Note 15, Segment Information and Note 18 Quarterly Financial Data (Unaudited).

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