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Segment Information (Tables)
12 Months Ended
Dec. 31, 2024
Segment Reporting [Abstract]  
Schedule of Revenue From External Customers and Long-lived Assets, by Geographical Areas
The following table provides our long-lived assets by major geographical region:
(in Millions)December 31,
20242023
Long-lived assets (1)
North America (2)
$956.0 $1,063.4 
Latin America278.8 714.8 
Europe, Middle East, and Africa (2)
3,685.4 1,718.2 
Asia (2)
251.0 1,964.1 
Total$5,171.2 $5,460.5 
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(1)Geographic long-lived assets exclude long-term deferred income taxes.
(2)The countries with long-lived assets in excess of 10 percent of consolidated long-lived assets at December 31, 2024 and 2023 are Singapore, which totaled $5.0 million and $1,699.6 million, the U.S., which totaled $941.6 million and $1,036.7 million and Denmark, which totaled $1,280.1 million and $1,334.0 million, respectively. In connection with our plans to establish a global technology and innovation center in Switzerland, we completed intra-entity transfers of certain intellectual property to one of the Company's Swiss subsidiaries during 2024. At December 31, 2024, Switzerland had long-lived assets in excess of 10 percent of consolidated long-lived assets totaling $2,050.8 million.