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OTHER CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)
12 Months Ended
Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Components of Selected Captions in the Consolidated Balance Sheets
Components of selected captions in the consolidated balance sheets are as follows (in millions):
 As of December 31,
 20242023
Inventories  
Raw materials$241.1 $196.3 
Work in process236.2 195.8 
Finished products609.4 511.4 
$1,086.7 $903.5 
Property, plant, and equipment, net  
Land$123.9 $112.4 
Buildings and leasehold improvements1,339.8 1,189.0 
Machinery and equipment689.4 618.6 
Software83.4 77.1 
Construction in progress244.0 292.5 
2,480.5 2,289.6 
Accumulated depreciation(794.5)(698.6)
$1,686.0 $1,591.0 
Other assets
Tax receivable (Note 19)$293.9 $— 
Notes and other receivables129.3 155.1 
Acquisition options147.1 161.3 
Long-term prepaid royalties101.6 109.9 
Fair value of derivatives34.7 23.4 
Other long-term assets15.0 13.5 
$721.6 $463.2 
Accrued and other liabilities  
Employee compensation and withholdings$358.6 $316.4 
Accrued rebates139.3 123.5 
Property, payroll, and other taxes88.1 53.8 
Research and development accruals74.1 71.6 
Legal and insurance (Notes 3 and 20)26.8 28.9 
Litigation settlement73.8 69.1 
Taxes payable286.6 52.7 
Fair value of derivatives8.3 15.2 
Accrued marketing expenses13.8 13.7 
Accrued professional services20.1 8.5 
Accrued realignment reserves27.4 6.4 
Accrued relocation costs15.4 16.9 
Unfavorable contract liability53.7 — 
Other accrued liabilities96.4 79.7 
$1,282.4 $856.4 
Schedule of Cash Flow Information
Supplemental Cash Flow Information
(in millions)
Years Ended December 31,
202420232022
Cash paid during the year for:   
Interest$19.6 $19.9 $19.3 
Income taxes (a) (Note 19)
$1,196.1 $470.1 $504.1 
Amounts included in the measurement of operating lease liabilities$28.0 $25.7 $25.0 
Non-cash investing and financing transactions:   
Right-of-use assets obtained in exchange for new lease liabilities$42.8 $27.3 $23.4 
Capital expenditures accruals$44.1 $43.6 $41.0 
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(a)     Includes cash paid for income taxes from discontinued operations of $29.7 million, $25.2 million, and $37.4 million for the years ended December 31, 2024, 2023, and 2022, respectively.
Schedule of Cash and Cash Equivalents
Cash, Cash Equivalents, and Restricted Cash
(in millions)
Years Ended December 31,
202420232022
Continuing operations
Cash and cash equivalents$3,045.2 $1,132.3 $761.5 
Restricted cash included in other current assets3.2 3.3 0.5 
Restricted cash included in other assets0.8 0.7 3.1 
Total$3,049.2 $1,136.3 $765.1 
Discontinued operations
Cash and cash equivalents$9.6 $11.7 $7.5 
Total$9.6 $11.7 $7.5 
Total cash, cash equivalents, and restricted cash$3,058.8 $1,148.0 $772.6 
Schedule of Restricted Cash
Cash, Cash Equivalents, and Restricted Cash
(in millions)
Years Ended December 31,
202420232022
Continuing operations
Cash and cash equivalents$3,045.2 $1,132.3 $761.5 
Restricted cash included in other current assets3.2 3.3 0.5 
Restricted cash included in other assets0.8 0.7 3.1 
Total$3,049.2 $1,136.3 $765.1 
Discontinued operations
Cash and cash equivalents$9.6 $11.7 $7.5 
Total$9.6 $11.7 $7.5 
Total cash, cash equivalents, and restricted cash$3,058.8 $1,148.0 $772.6