v3.25.2
Inventories
6 Months Ended
Jun. 30, 2025
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of the following:
June 30,
December 31,
(In millions)
2025
2024
Raw materials$752.3 $879.5 
Work-in-process1,544.5 1,342.3 
Finished goods144.4 139.8 
Deferred costs764.4 725.7 
$3,205.6 $3,087.3 
Deferred costs represent the costs of product manufactured and shipped to the Company's collaborators for which recognition of revenue has been deferred.