XML 67 R50.htm IDEA: XBRL DOCUMENT v3.24.0.1
Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Millions
Dec. 31, 2023
Dec. 31, 2022
Derivative assets:    
Derivative assets $ 7.2 $ 126.7
Money market funds    
Equity securities:    
Equity securities 337.5 420.8
Publicly-traded equity securities    
Equity securities:    
Equity securities 5.1 7.7
Fair Value, Measurements, Recurring    
Available-for-sale debt securities:    
Available-for-sale debt securities 629.0 465.7
Equity securities:    
Equity securities 380.6 456.6
Derivative assets:    
Derivative assets 7.2 126.7
Total assets measured at fair value on a recurring basis 1,016.8 1,049.0
Derivative liabilities:    
Derivative liabilities (80.8) (125.0)
Total liabilities measured at fair value on a recurring basis (80.8) (125.0)
Fair Value, Measurements, Recurring | Cash equivalents    
Derivative assets:    
Total assets measured at fair value on a recurring basis 665.7 491.4
Fair Value, Measurements, Recurring | Short-term investments    
Derivative assets:    
Total assets measured at fair value on a recurring basis 139.4 210.3
Fair Value, Measurements, Recurring | Long-term investments    
Derivative assets:    
Total assets measured at fair value on a recurring basis 116.8 139.6
Fair Value, Measurements, Recurring | Prepaid expenses and other current assets    
Derivative assets:    
Total assets measured at fair value on a recurring basis 7.1 3.2
Fair Value, Measurements, Recurring | Other long-term assets    
Derivative assets:    
Total assets measured at fair value on a recurring basis 87.8 204.5
Fair Value, Measurements, Recurring | Other accrued liabilities    
Derivative liabilities:    
Total liabilities measured at fair value on a recurring basis (6.2) (32.5)
Fair Value, Measurements, Recurring | Other long-term liabilities    
Derivative liabilities:    
Total liabilities measured at fair value on a recurring basis (74.6) (92.5)
Fair Value, Measurements, Recurring | Foreign exchange contracts    
Derivative assets:    
Derivative assets 7.2 1.3
Derivative liabilities:    
Derivative liabilities (7.2) (37.6)
Fair Value, Measurements, Recurring | Interest rate contracts    
Derivative assets:    
Derivative assets 0.0 125.4
Derivative liabilities:    
Derivative liabilities (73.6) (87.4)
Fair Value, Measurements, Recurring | Asset-backed and mortgage-backed securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 38.0 36.6
Fair Value, Measurements, Recurring | Certificates of deposit    
Available-for-sale debt securities:    
Available-for-sale debt securities 3.0 0.0
Fair Value, Measurements, Recurring | Commercial paper    
Available-for-sale debt securities:    
Available-for-sale debt securities 41.1 0.0
Fair Value, Measurements, Recurring | Corporate debt securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 159.6 270.4
Fair Value, Measurements, Recurring | Foreign government debt securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 5.1 8.4
Fair Value, Measurements, Recurring | Time deposits    
Available-for-sale debt securities:    
Available-for-sale debt securities 273.6 70.6
Fair Value, Measurements, Recurring | U.S. government agency securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 4.0 18.0
Fair Value, Measurements, Recurring | U.S. government securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 54.9 8.8
Fair Value, Measurements, Recurring | Privately-held debt and redeemable preferred stock securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 49.7 52.9
Fair Value, Measurements, Recurring | Money market funds    
Equity securities:    
Equity securities 337.5 420.8
Fair Value, Measurements, Recurring | Mutual funds    
Equity securities:    
Equity securities 38.0 28.1
Fair Value, Measurements, Recurring | Publicly-traded equity securities    
Equity securities:    
Equity securities 5.1 7.7
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring    
Available-for-sale debt securities:    
Available-for-sale debt securities 20.0 8.8
Equity securities:    
Equity securities 380.6 456.6
Derivative assets:    
Derivative assets 0.0 0.0
Total assets measured at fair value on a recurring basis 400.6 465.4
Derivative liabilities:    
Derivative liabilities 0.0 0.0
Total liabilities measured at fair value on a recurring basis 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Cash equivalents    
Derivative assets:    
Total assets measured at fair value on a recurring basis 337.5 420.8
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Short-term investments    
Derivative assets:    
Total assets measured at fair value on a recurring basis 12.8 14.6
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Long-term investments    
Derivative assets:    
Total assets measured at fair value on a recurring basis 12.3 1.9
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Prepaid expenses and other current assets    
Derivative assets:    
Total assets measured at fair value on a recurring basis 2.5 2.4
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Other long-term assets    
Derivative assets:    
Total assets measured at fair value on a recurring basis 35.5 25.7
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Other accrued liabilities    
Derivative liabilities:    
Total liabilities measured at fair value on a recurring basis 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Other long-term liabilities    
Derivative liabilities:    
Total liabilities measured at fair value on a recurring basis 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Foreign exchange contracts    
Derivative assets:    
Derivative assets 0.0 0.0
Derivative liabilities:    
Derivative liabilities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Interest rate contracts    
Derivative assets:    
Derivative assets 0.0 0.0
Derivative liabilities:    
Derivative liabilities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Asset-backed and mortgage-backed securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Certificates of deposit    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Commercial paper    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Corporate debt securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Foreign government debt securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Time deposits    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | U.S. government agency securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | U.S. government securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 20.0 8.8
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Privately-held debt and redeemable preferred stock securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Money market funds    
Equity securities:    
Equity securities 337.5 420.8
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Mutual funds    
Equity securities:    
Equity securities 38.0 28.1
Quoted Prices in Active Markets For Identical Assets (Level 1) | Fair Value, Measurements, Recurring | Publicly-traded equity securities    
Equity securities:    
Equity securities 5.1 7.7
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring    
Available-for-sale debt securities:    
Available-for-sale debt securities 559.3 404.0
Equity securities:    
Equity securities 0.0 0.0
Derivative assets:    
Derivative assets 7.2 126.7
Total assets measured at fair value on a recurring basis 566.5 530.7
Derivative liabilities:    
Derivative liabilities (80.8) (125.0)
Total liabilities measured at fair value on a recurring basis (80.8) (125.0)
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Cash equivalents    
Derivative assets:    
Total assets measured at fair value on a recurring basis 328.2 70.6
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Short-term investments    
Derivative assets:    
Total assets measured at fair value on a recurring basis 126.6 195.7
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Long-term investments    
Derivative assets:    
Total assets measured at fair value on a recurring basis 104.5 137.7
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Prepaid expenses and other current assets    
Derivative assets:    
Total assets measured at fair value on a recurring basis 4.6 0.8
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Other long-term assets    
Derivative assets:    
Total assets measured at fair value on a recurring basis 2.6 125.9
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Other accrued liabilities    
Derivative liabilities:    
Total liabilities measured at fair value on a recurring basis (6.2) (32.5)
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Other long-term liabilities    
Derivative liabilities:    
Total liabilities measured at fair value on a recurring basis (74.6) (92.5)
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Foreign exchange contracts    
Derivative assets:    
Derivative assets 7.2 1.3
Derivative liabilities:    
Derivative liabilities (7.2) (37.6)
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Interest rate contracts    
Derivative assets:    
Derivative assets 0.0 125.4
Derivative liabilities:    
Derivative liabilities (73.6) (87.4)
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Asset-backed and mortgage-backed securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 38.0 36.6
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Certificates of deposit    
Available-for-sale debt securities:    
Available-for-sale debt securities 3.0 0.0
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Commercial paper    
Available-for-sale debt securities:    
Available-for-sale debt securities 41.1 0.0
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Corporate debt securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 159.6 270.4
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Foreign government debt securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 5.1 8.4
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Time deposits    
Available-for-sale debt securities:    
Available-for-sale debt securities 273.6 70.6
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | U.S. government agency securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 4.0 18.0
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | U.S. government securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 34.9 0.0
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Privately-held debt and redeemable preferred stock securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Money market funds    
Equity securities:    
Equity securities 0.0 0.0
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Mutual funds    
Equity securities:    
Equity securities 0.0 0.0
Significant Other Observable Remaining Inputs (Level 2) | Fair Value, Measurements, Recurring | Publicly-traded equity securities    
Equity securities:    
Equity securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring    
Available-for-sale debt securities:    
Available-for-sale debt securities 49.7 52.9
Equity securities:    
Equity securities 0.0 0.0
Derivative assets:    
Derivative assets 0.0 0.0
Total assets measured at fair value on a recurring basis 49.7 52.9
Derivative liabilities:    
Derivative liabilities 0.0 0.0
Total liabilities measured at fair value on a recurring basis 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Cash equivalents    
Derivative assets:    
Total assets measured at fair value on a recurring basis 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Short-term investments    
Derivative assets:    
Total assets measured at fair value on a recurring basis 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Long-term investments    
Derivative assets:    
Total assets measured at fair value on a recurring basis 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Prepaid expenses and other current assets    
Derivative assets:    
Total assets measured at fair value on a recurring basis 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Other long-term assets    
Derivative assets:    
Total assets measured at fair value on a recurring basis 49.7 52.9
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Other accrued liabilities    
Derivative liabilities:    
Total liabilities measured at fair value on a recurring basis 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Other long-term liabilities    
Derivative liabilities:    
Total liabilities measured at fair value on a recurring basis 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Foreign exchange contracts    
Derivative assets:    
Derivative assets 0.0 0.0
Derivative liabilities:    
Derivative liabilities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Interest rate contracts    
Derivative assets:    
Derivative assets 0.0 0.0
Derivative liabilities:    
Derivative liabilities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Asset-backed and mortgage-backed securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Certificates of deposit    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Commercial paper    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Corporate debt securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Foreign government debt securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Time deposits    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | U.S. government agency securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | U.S. government securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Privately-held debt and redeemable preferred stock securities    
Available-for-sale debt securities:    
Available-for-sale debt securities 49.7 52.9
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Money market funds    
Equity securities:    
Equity securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Mutual funds    
Equity securities:    
Equity securities 0.0 0.0
Significant Other Unobservable Remaining Inputs (Level 3) | Fair Value, Measurements, Recurring | Publicly-traded equity securities    
Equity securities:    
Equity securities $ 0.0 $ 0.0