Other Financial Information (Tables)

3 Months Ended

Mar. 31, 2023

Other Financial Information [Abstract]

Schedule of Inventories

Total inventory consisted of the following (in millions):

	As of
	March 31, 2023		December 31, 2022
Production and service materials	$	548.8	$	479.6
Finished goods	239.9		163.3
Total inventory	$	788.7	$	642.9
Reported as:
Inventory	$	761.5	$	619.4
Other long-term assets	27.2		23.5
Total inventory	$	788.7	$	642.9

Schedule of Prepaid Expenses and Other Current Assets

Prepaid Expenses and Other Current Assets

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

	As of
	March 31, 2023		December 31, 2022
Contract manufacturer deposits	$	425.3	$	434.7
Prepaid expenses	130.5		104.3
Other current assets	180.6		141.0
Total prepaid expenses and other current assets	$	736.4	$	680.0

Schedule of Warranties

Changes during the three months ended March 31, 2023 in the Company’s warranty reserve as reported within other accrued liabilities in the Condensed Consolidated Balance Sheets were as follows (in millions):

Balance as of December 31, 2022	$	29.5
Provisions made during the period	7.6
Actual costs incurred during the period	(8.0)
Balance as of March 31, 2023	$	29.1

Schedule of Deferred Revenue

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

	As of
	March 31, 2023		December 31, 2022
Deferred product revenue, net	$	95.8	$	108.8
Deferred service revenue, net	1,664.1		1,554.3
Total	$	1,759.9	$	1,663.1
Reported as:
Current	$	1,074.3	$	1,020.5
Long-term	685.6		642.6
Total	$	1,759.9	$	1,663.1

Schedule of Performance Obligation

The following table summarizes the breakdown of RPO as of March 31, 2023 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	$	99.0	$	80.6	$	14.6	$	3.8
Service	1,672.5		1,005.4		507.2		159.9
Total	$	1,771.5	$	1,086.0	$	521.8	$	163.7

Schedule of Other Expense

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

	Three Months Ended March 31,
	2023		2022
Interest income	$	9.5	$	2.6
Interest expense	(19.2)		(12.5)
Gain (loss) on investments, net	0.9		(3.3)
Other	0.2		0.3
Other expense, net	$	(8.6)	$	(12.9)