Balance Sheet Components (Tables)

6 Months Ended

Jun. 30, 2020

Balance Sheet Components [Abstract]

Schedule of Cash, cash equivalents, and restricted cash [Table Text Block]

Cash and restricted cash

(In millions)	June 30, 2020		December 31, 2019		June 30, 2019
Cash and cash equivalents	$	323.6	$	475.6	$	211.5
Restricted cash, included in prepaid expenses and other current assets	1.1		15.5		1.2
Cash, cash equivalents and restricted cash	$	324.7	$	491.1	$	212.7

Inventories

Inventories

(In millions)	June 30, 2020		December 31, 2019
Raw materials	$	877.4	$	886.8
Work in process	410.3		417.2
Finished goods	1,498.0		1,366.9
Inventories	$	2,785.7	$	2,670.9

Prepaid Expenses and Other Current Assets

Prepaid and other current assets

(In millions)	June 30, 2020		December 31, 2019
Prepaid expenses	$	168.2	$	156.7
Restricted cash	1.1		15.5
Available-for-sale fixed income securities	38.6		26.8
Fair value of financial instruments	19.1		43.3
Equity securities	39.0		39.0
Other current assets	336.1		270.7
Prepaid expenses and other current assets	$	602.1	$	552.0

Property, Plant and Equipment

Property, plant and equipment, net

(In millions)	June 30, 2020		December 31, 2019
Machinery and equipment	$	2,542.9	$	2,523.7
Buildings and improvements	1,198.8		1,197.3
Construction in progress	247.7		277.3
Land and improvements	123.1		124.6
Gross property, plant and equipment	4,112.5		4,122.9
Accumulated depreciation	2,075.0		1,973.3
Property, plant and equipment, net	$	2,037.5	$	2,149.6

Other Assets

Other assets

(In millions)	June 30, 2020		December 31, 2019
Equity method investments, clean energy investments	$	71.4	$	92.2
Operating lease right-of-use assets	230.2		254.6
Other long-term assets	123.1		58.2
Other assets	$	424.7	$	405.0

Trade Accounts Payable

ccounts payable

(In millions)	June 30, 2020		December 31, 2019
Trade accounts payable	$	801.3	$	1,061.9
Other payables	455.4		466.2
Accounts payable	$	1,256.7	$	1,528.1

Other Current Liabilities

Other current liabilities

(In millions)	June 30, 2020		December 31, 2019
Accrued sales allowances	$	694.4	$	796.5
Legal and professional accruals, including litigation accruals	111.7		138.2
Payroll and employee benefit liabilities	426.0		467.1
Contingent consideration	119.8		120.4
Accrued interest	80.1		59.1
Restructuring	16.3		26.0
Equity method investments, clean energy investments	49.1		47.7
Fair value of financial instruments	30.1		12.9
Operating lease liability	68.2		76.7
Other	632.5		575.3
Other current liabilities	$	2,228.2	$	2,319.9

Other Noncurrent Liabilities

Other long-term obligations

(In millions)	June 30, 2020		December 31, 2019
Employee benefit liabilities	$	402.4	$	408.9
Contingent consideration	103.4		130.3
Equity method investments, clean energy investments	38.4		57.2
Tax related items, including contingencies	110.2		109.6
Operating lease liability	159.2		175.7
Other	87.7		79.1
Other long-term obligations	$	901.3	$	960.8