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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flow from operating activities:    
Net income $ 240.5 $ 393.4
Adjustments to reconcile net income to net cash flow from operating activities:    
Depreciation and amortization 183.2 147.5
Excess and obsolescence charges related to inventory 7.3 27.5
Amortization of acquired inventory step-up 51.4 44.1
Share-based compensation 81.0 72.8
Contingent consideration 9.6 0.0
Deferred income taxes (27.8) 39.9
(Gain) loss on strategic investments 40.9 31.3
Other 6.7 25.4
Changes in operating assets and liabilities, net of effects of business acquired:    
Inventory 62.0 (77.7)
Accrued expense and other current liabilities (300.5) (177.1)
Income tax assets and liabilities 69.1 (2.2)
Other changes in operating assets and liabilities, net (53.5) (56.1)
Net cash flow provided by (used in) operating activities 259.3 553.2
Cash flow from investing activities:    
Purchases of property, plant and equipment (37.1) (45.9)
Acquisitions of intangible assets (10.0) (75.0)
Proceeds from sales of strategic investments 0.0 55.6
Other (0.2) (0.7)
Net cash flow provided by (used in) investing activities (47.3) (66.0)
Cash flow from financing activities:    
Payments related to issuance of stock for share-based compensation arrangements, net (24.3) (46.9)
Repayment of borrowings 0.0 400.0
Other 1.3 7.3
Net cash flow provided by (used in) financing activities (23.0) (439.6)
Net increase (decrease) in cash and cash equivalents 189.0 47.6
Effect of exchange rate changes on cash and cash equivalents 34.3 (23.1)
Cash and cash equivalents, beginning of the period 2,375.0 1,049.9
Cash and cash equivalents, end of the period 2,598.3 1,074.4
Nonrelated Party    
Changes in operating assets and liabilities, net of effects of business acquired:    
Accounts receivable (181.0) 43.7
Related Party    
Changes in operating assets and liabilities, net of effects of business acquired:    
Accounts receivable $ 70.4 $ 40.7