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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,068.1 $ 880.1
Short-term investments 139.4 210.3
Accounts receivable, net of allowance for doubtful accounts of $9.8 and $11.1 as of December 31, 2023 and 2022, respectively 1,044.1 1,227.3
Inventory 952.4 619.4
Prepaid expenses and other current assets 591.5 680.0
Total current assets 3,795.5 3,617.1
Property and equipment, net 689.9 666.8
Operating lease assets 111.4 141.6
Long-term investments 116.8 139.6
Purchased intangible assets, net 91.8 160.5
Goodwill 3,734.4 3,734.4
Other long-term assets 978.7 866.7
Total assets 9,518.5 9,326.7
Current liabilities:    
Accounts payable 295.1 347.4
Accrued compensation 292.2 306.1
Deferred revenue 1,130.0 1,020.5
Other accrued liabilities 386.7 404.9
Total current liabilities 2,104.0 2,078.9
Long-term debt 1,616.8 1,601.3
Long-term deferred revenue 894.9 642.6
Long-term income taxes payable 204.5 279.4
Long-term operating lease liabilities 82.9 117.7
Other long-term liabilities 122.7 131.7
Total liabilities 5,025.8 4,851.6
Commitments and contingencies (Note 14)
Stockholders' equity:    
Preferred stock, $0.00001 par value; 10.0 shares authorized; none issued and outstanding 0.0 0.0
Common stock, $0.00001 par value; 1,000.0 shares authorized; 320.3 shares and 322.9 shares issued and outstanding as of December 31, 2023 and 2022, respectively 0.0 0.0
Additional paid-in capital 6,740.0 6,846.4
Accumulated other comprehensive income 49.1 4.2
Accumulated deficit (2,296.4) (2,375.5)
Total stockholders' equity 4,492.7 4,475.1
Total liabilities and stockholders' equity $ 9,518.5 $ 9,326.7