Selected Financial Data

9 Months Ended

Sep. 30, 2023

Inventory Disclosure [Abstract]

Selected Financial Data

Selected Financial Data

Selected financial data as of the dates presented below is as follows (in millions, except useful life data):

		September 30, 2023		December 31, 2022
Inventories:
Finished goods		$	584.3	$	770.1
Work in process		1.2		1.2
Raw materials		145.0		181.5
Food and beverage		6.0		6.4
		$	736.5	$	959.2
		September 30, 2023		December 31, 2022
Other current assets:
Credit card receivables		$	30.2	$	40.1
Sales return reserve cost recovery asset		37.3		25.5
VAT/Sales tax receivable		5.3		17.2
Leasing receivables		25.1		17.5
Hedging contract receivables		20.1		4.6
Other		53.1		31.1
		$	171.1	$	136.0
	Estimated Useful Life	September 30, 2023		December 31, 2022
Property, plant and equipment, net:
Land		$	183.5	$	160.4
Buildings and leasehold improvements	3 - 40 years	1,345.4		1,196.7
Machinery and equipment	5 - 10 years	283.0		248.8
Furniture, computer hardware and equipment	3 - 5 years	356.5		299.1
Internal-use software	3 - 5 years	136.2		109.9
Production molds	2 - 5 years	9.3		9.1
Construction-in-process		402.6		271.6
		2,716.5		2,295.6
Less: Accumulated depreciation		633.4		486.0
		$	2,083.1	$	1,809.6

For the three months ended September 30, 2023 and 2022, we recorded total depreciation expense of $58.2 million and $44.1 million, respectively, in our condensed consolidated statements of operations. For the nine months ended September 30, 2023 and 2022, we recorded total depreciation expense of $164.5 million and $128.5 million, respectively, in our condensed consolidated statements of operations.

	September 30, 2023		December 31, 2022
Accounts payable and accrued expenses:
Accounts payable	$	103.1	$	159.1
Accrued expenses	191.7		160.9
Accrued inventory	91.3		260.0
	$	386.1	$	580.0