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UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,467.3 $ 1,227.6
Accounts receivable, less allowances of $23.1 and $22.4, respectively 2,310.5 2,362.7
Inventories 1,383.5 1,244.4
Other current assets 300.4 267.1
Total current assets 5,461.7 5,101.8
Property, plant and equipment, net 637.4 625.1
Other assets:    
Goodwill 1,339.8 1,321.1
Other intangible assets, net 1,462.7 1,487.1
Deferred income taxes 269.2 303.3
Right-of-use assets, net 203.7 202.1
Other 76.6 92.0
Total other assets 3,352.0 3,405.6
Total assets 9,451.1 9,132.5
Current liabilities:    
Current portion of long-term debt 21.0 21.0
Accounts payable 1,407.1 1,316.4
Deferred revenue 1,095.1 1,063.3
Accrued Liabilities, Current 534.2 612.6
Income taxes 126.6 83.7
Total current liabilities 3,184.0 3,097.0
Long-term debt, net 2,904.1 2,907.2
Deferred income taxes 238.4 240.3
Long-term lease liabilities 172.2 171.4
Other long-term liabilities 286.0 282.3
Total liabilities 6,784.7 6,698.2
Equity    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding 0.0 0.0
Common stock, $0.0001 par value, 700,000,000 shares authorized, 381,001,144 and 380,703,974 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively 0.0 0.0
Additional paid-in capital 2,829.6 2,821.4
Accumulated deficit (88.0) (238.3)
Accumulated other comprehensive income (loss) (75.2) (148.8)
Total equity 2,666.4 2,434.3
Total liabilities and equity $ 9,451.1 $ 9,132.5