XML 87 R23.htm IDEA: XBRL DOCUMENT v3.24.0.1
SEGMENT AND RELATED INFORMATION
 12 Months Ended
Dec. 31, 2023
Segment Reporting [Abstract]  
SEGMENT AND RELATED INFORMATION SEGMENT AND RELATED INFORMATION
The Company’s business is aligned with how the chief operating decision maker ("CODM") reviews performance and makes decisions in managing the Company. Management prepares budgets at the operating segment level, and the CODM approves the budget, reviews the business, makes investing and resource allocation decisions and assesses operating performance at both the operating segment level and on an aggregate basis. As the Company’s operating segments have similar economic and other characteristics, including the nature of the products and production processes, types of customers, distribution methods, and regulatory environment, they have been aggregated into a single reporting segment, which primarily provides testing that helps assess an individual’s risk for developing disease or disease progression and guides treatment decisions across medical specialties where genetic insights can significantly improve patient health care and lower health care costs, and includes corporate services such as finance, human resources, legal and information technology.
The following table reconciles assets by geographical region to total assets:
December 31,
(in millions)20232022
Net equipment, leasehold improvements and property:
United States$117.7 $81.9 
Rest of world1.3 1.5 
Total$119.0 $83.4 
Total assets:
United States$961.6 $983.4 
Rest of world44.0 45.6 
Total$1,005.6 $1,029.0 
Cash, cash equivalents, and marketable investment securities140.9 169.7 
Total$1,146.5 $1,198.7