XML 81 R63.htm IDEA: XBRL DOCUMENT v3.25.0.1
DERIVATIVE INSTRUMENTS (Narrative) (Details)
$ in Thousands, ¥ in Millions, SFr in Millions
12 Months Ended
Dec. 31, 2024
USD ($)
Dec. 31, 2024
CHF (SFr)
Dec. 31, 2023
USD ($)
Dec. 31, 2022
USD ($)
Feb. 21, 2025
USD ($)
Feb. 21, 2025
CHF (SFr)
Feb. 19, 2025
USD ($)
Feb. 19, 2025
CHF (SFr)
Dec. 31, 2024
CHF (SFr)
Dec. 31, 2024
CNY (¥)
Sep. 30, 2024
USD ($)
Sep. 30, 2024
CHF (SFr)
May 31, 2024
USD ($)
May 31, 2024
CHF (SFr)
Sep. 22, 2023
CHF (SFr)
Jun. 30, 2021
USD ($)
Dec. 21, 2020
USD ($)
Dec. 21, 2020
CHF (SFr)
Derivative [Line Items]                                    
Gain (loss) estimated to be reclassified to earnings during next twelve months $ 9,400                                  
Unrealized derivative gain (loss) arising during period 62,638   $ (22,071) $ 104,351                            
Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Unrealized derivative gain (loss) arising during period 87,127   (52,809)                              
Not Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Derivative assets (liabilities), at fair value, net 1,700   1,200                              
Cash Flow Hedges | Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Aggregate Notional Amount 1,125,000   1,475,000                              
Fair Value Asset (Liability) 48,795   43,556                              
Interest Rate Swap                                    
Derivative [Line Items]                                    
Gain (loss) estimated to be reclassified to earnings during next twelve months 11,600                                  
Interest Rate Swap | Cash Flow Hedges | Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Gain (loss) recognized in accumulated other comprehensive income 22,700   4,900                              
Gain (loss) recognized in other income 17,500   18,100                              
Cross-Currency Interest Rate Swap                                    
Derivative [Line Items]                                    
Gain (loss) recognized in other income 4,700   5,500                              
Gain (loss) estimated to be reclassified to earnings during next twelve months (4,400)                                  
Aggregate Notional Amount                                 $ 471,600 SFr 420.1
Intercompany loan, quarterly payment | SFr   SFr 5.8                                
Cross-Currency Interest Rate Swap | Subsequent Event                                    
Derivative [Line Items]                                    
Aggregate Notional Amount             $ 368,400 SFr 328.1                    
Cross-Currency Interest Rate Swap | Codman                                    
Derivative [Line Items]                                    
Derivative, notional amount settled | SFr                             SFr 20.0      
Gain (loss) on settlement of derivative                     $ 2,300              
Cross-Currency Interest Rate Swap | Codman | Short                                    
Derivative [Line Items]                                    
Derivative, notional amount, terminated                     48,500              
Aggregate Notional Amount                     $ 31,500 SFr 28.5            
Cross-Currency Interest Rate Swap | Cash Flow Hedges | Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Gain (loss) recognized in other income 32,200   (37,400)                              
Fair Value Asset (Liability) (4,367)   (40,672)                              
Cross-Currency Interest Rate Swap | Cash Flow Hedges | Designated as Hedging Instrument | Other income, net                                    
Derivative [Line Items]                                    
Unrealized derivative gain (loss) arising during period 41,013   (27,406)                              
Cross-Currency Interest Rate Swap | Net Investment Hedges | Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Gain (loss) recognized in other income 10,100   7,800                              
Fair Value Asset (Liability) (31,113)   (49,609)                              
Cross-Currency Interest Rate Swap | Net Investment Hedges | Designated as Hedging Instrument | Interest income                                    
Derivative [Line Items]                                    
Unrealized derivative gain (loss) arising during period 24,489   (30,738)                              
Foreign currency swaps | Not Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Aggregate Notional Amount 4,600                             $ 7,300    
Foreign currency swaps | Net Investment Hedges | Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Aggregate Notional Amount                         $ 75,000 SFr 68.5        
Foreign currency swaps | Net Investment Hedges | Designated as Hedging Instrument | Subsequent Event                                    
Derivative [Line Items]                                    
Aggregate Notional Amount         $ 75,000 SFr 67.8                        
Forward Currency Forward Contracts | Not Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Aggregate Notional Amount | ¥                   ¥ 140.0                
Forward Currency Forward Contracts | Cash Flow Hedges | Designated as Hedging Instrument                                    
Derivative [Line Items]                                    
Aggregate Notional Amount | SFr                 SFr 16.9                  
Forward Currency Forward Contracts | Cash Flow Hedges | Designated as Hedging Instrument | Other income, net                                    
Derivative [Line Items]                                    
Unrealized derivative gain (loss) arising during period (400)   400                              
Forward Currency Forward Contracts | Cash Flow Hedges | Designated as Hedging Instrument | Cost of goods sold                                    
Derivative [Line Items]                                    
Unrealized derivative gain (loss) arising during period $ (1,067)   $ 436