2. EMPLOYEE COSTS AND PURCHASE OF GOODS AND SERVICES The main components are as follows: | | | | | | | | | | | | 2025 | | 2024 | | 2023 | Employee costs | | $ | 702.1 | | $ | 663.3 | | $ | 636.4 | Less employee costs capitalized to property, plant and equipment and to intangible assets | | | (176.2) | | | (172.5) | | | (164.1) | | | | 525.9 | | | 490.8 | | | 472.3 | Purchase of goods and services:1 | | | | | | | | | | Costs related to products sold | | | 877.7 | | | 895.8 | | | 818.8 | Royalties and rights | | | 346.6 | | | 386.7 | | | 425.5 | Subcontracting costs | | | 92.0 | | | 101.1 | | | 109.9 | Marketing and distribution expenses | | | 81.4 | | | 85.1 | | | 95.1 | Other | | | 540.7 | | | 540.2 | | | 502.1 | | | | 1,938.4 | | | 2,008.9 | | | 1,951.4 | | | $ | 2,464.3 | | $ | 2,499.7 | | $ | 2,423.7 |
| 1 | Cost of inventories included in purchase of goods and services amounted to $762.6 million in 2025 ($746.5 million in 2024 and $739.8 million in 2023). Write-downs of inventories totalling $13.4 million were recognized in purchase of goods and services in 2025 ($5.3 million in 2024 and $3.8 million in 2023). |
|