v3.26.1
UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 2,810.6 $ 1,728.4
Short-term investments 300.0 99.5
Accounts receivable, less allowances of $29.1 and $25.6, respectively 3,750.3 3,109.0
Inventories 2,522.7 1,456.5
Other current assets 601.3 426.1
Total current assets 9,984.9 6,819.5
Property, plant and equipment, net 1,184.2 921.8
Other assets:    
Goodwill 2,283.3 2,033.7
Other intangible assets, net 1,800.8 1,894.8
Deferred income taxes 170.1 179.6
Right-of-use assets, net 387.2 303.0
Other 90.4 60.0
Total other assets 4,731.8 4,471.1
Total assets 15,900.9 12,212.4
Current liabilities:    
Current portion of long-term debt 0.0 20.9
Accounts payable 2,473.1 1,756.4
Deferred revenue 3,633.7 1,814.7
Accrued expenses and other liabilities 1,061.4 771.6
Income taxes 74.8 43.4
Total current liabilities 7,243.0 4,407.0
Long-term debt, net 2,939.8 2,892.1
Deferred income taxes 234.1 232.8
Long-term lease liabilities 316.4 245.2
Other long-term liabilities 410.0 494.0
Total liabilities 11,143.3 8,271.1
Equity    
Preferred stock, $0.0001 par value, 5,000,000 shares authorized, none issued and outstanding 0.0 0.0
Common stock, $0.0001 par value, 700,000,000 shares authorized, 384,936,985 and 382,553,680 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively 0.0 0.0
Additional paid-in capital 2,954.8 2,895.2
Retained earnings 1,868.0 1,027.9
Accumulated other comprehensive income (loss) (65.2) 18.2
Total equity 4,757.6 3,941.3
Total liabilities and equity $ 15,900.9 $ 12,212.4