Other Financial Information (Tables)

12 Months Ended

Dec. 31, 2022

Other Financial Information [Abstract]

Schedule of Inventories

Total inventory consisted of the following (in millions):

	As of December 31,
	2022		2021
Production and service materials	$	479.6	$	208.6
Finished goods	163.3		75.6
Total inventory	$	642.9	$	284.2
Reported as:
Inventory	$	619.4	$	272.6
Other long-term assets	23.5		11.6
Total inventory	$	642.9	$	284.2

Schedule of Prepaid Expenses Other Current Assets

Prepaid expenses and other current assets consisted of the following (in millions):

	As of December 31,
	2022		2021
Contract manufacturer deposits	$	434.7	$	223.8
Prepaid expenses	104.3		104.3
Other current assets	141.0		123.5
Total prepaid expenses and other current assets	$	680.0	$	451.6

Schedule of Property and Equipment, Net

Property and equipment are recorded at cost less accumulated depreciation. Depreciation is calculated using the straight-line method, over the estimated useful lives of the following assets:

	Estimated Useful Life (years)
Computers, equipment, and software	1.5 to 10
Furniture and fixtures	5 to 7
Building and building improvements	7 to 40
Land improvements	10 to 40
Leasehold improvements	Lease term, not to exceed 10 years

Property and equipment, net, consisted of the following (in millions):

	As of December 31,
	2022		2021
Computers and equipment	$	940.0	$	1,023.5
Software	220.3		226.8
Leasehold improvements	189.2		197.6
Furniture and fixtures	45.4		46.8
Building and building improvements	271.9		269.3
Land and land improvements	243.6		243.5
Construction-in-process	12.1		11.2
Property and equipment, gross	1,922.5		2,018.7
Accumulated depreciation	(1,255.7)		(1,315.7)
Property and equipment, net	$	666.8	$	703.0

Schedule of Warranties

Changes in the Company’s warranty reserve were as follows (in millions):

	As of December 31,
	2022		2021
Beginning balance	$	33.0	$	30.2
Provisions made during the period, net	30.1		39.5
Actual costs incurred during the period	(33.6)		(36.7)
Ending balance	$	29.5	$	33.0

Schedule of Performance Obligation

The following table summarizes the breakdown of RPO as of December 31, 2022 and when the Company expects to recognize the amounts as revenue (in millions):

	Revenue Recognition Expected by Period
	Total		Less than 1 year		1-3 years		More than 3 years
Product	$	114.3	$	96.9	$	14.3	$	3.1
Service	1,563.7		938.3		474.6		150.8
Total	$	1,678.0	$	1,035.2	$	488.9	$	153.9

Schedule of Other Expense, Net

Other expense, net consisted of the following (in millions):

	Years Ended December 31,
	2022		2021		2020
Interest income	$	19.6	$	14.9	$	36.3
Interest expense	(58.6)		(50.8)		(77.0)
Gain on investments, net	8.8		17.6		13.3
Other	1.6		1.5		(5.5)
Other expense, net	$	(28.6)	$	(16.8)	$	(32.9)

Deferred revenue

Details of the Company's deferred revenue, as reported in the Consolidated Balance Sheets, were as follows (in millions):

	As of December 31,
	2022		2021
Deferred product revenue, net	$	108.8	$	129.1
Deferred service revenue, net	1,554.3		1,284.5
Total	$	1,663.1	$	1,413.6
Reported as:
Current	$	1,020.5	$	937.9
Long-term	642.6		475.7
Total	$	1,663.1	$	1,413.6