Selected Financial Data

6 Months Ended

Jun. 30, 2024

Selected financial data as of the dates presented below is as follows (in millions, except useful life data):


		June 30, 2024		December 31, 2023






Inventories:
Finished goods		$	493.2	$	623.1
Work in process		0.8		1.4
Raw materials		146.5		163.7
Food and beverage		6.6		6.2
		$	647.1	$	794.4

		June 30, 2024		December 31, 2023
Other current assets:
Credit card receivables		$	47.7	$	76.9
Sales return reserve cost recovery asset		40.2		25.7
VAT/Sales tax receivable		7.0		6.6
Income tax receivable		10.6		1.6
Leasing receivables		34.2		26.9
Hedging contract receivables		19.3		5.4
Other		39.4		40.0
		$	198.4	$	183.1

	Estimated Useful Life	June 30, 2024		December 31, 2023
Property, plant and equipment, net:
Land		$	190.0	$	185.2
Buildings and leasehold improvements	3 - 40 years	1,721.3		1,603.9
Machinery and equipment	2 - 10 years	302.6		289.8
Furniture, computer hardware and equipment	3 - 5 years	401.3		380.0
Internal-use software	3 - 5 years	139.7		136.2
Production molds	2 - 5 years	10.9		10.0
Construction-in-process		189.4		210.3
		2,955.2		2,815.4
Less: Accumulated depreciation		770.2		658.9
		$	2,185.0	$	2,156.5

Depreciation expense is recognized in cost of products, other venue expenses, research and development expenses, and selling, general and administrative expenses on the condensed consolidated statement of operations, consistent with the use of the underlying asset. For the three months ended June 30, 2024 and 2023, we recorded total depreciation expense of $62.9 million and $54.4 million, respectively, in our condensed consolidated statements of operations. For the six months ended June 30, 2024 and 2023, we recorded total depreciation expense of $125.3 million and $106.3 million, respectively, in our condensed consolidated statements of operations.


(in millions)	June 30, 2024		December 31, 2023
Accounts payable and accrued expenses:
Accounts payable	$	116.4	$	130.7
Accrued expenses	196.8		202.1
Accrued inventory	124.6		147.7
	$	437.8	$	480.5