v3.26.3
OTHER CONSOLIDATED FINANCIAL STATEMENT DETAILS (Tables)
 9 Months Ended
Sep. 30, 2026
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Components of Selected Captions in the Consolidated Balance Sheets
Components of selected captions in the condensed consolidated balance sheets consisted of the following:
September 30,
2026		December 31,
2025
Inventories
Raw materials$218.4 $196.6 
Work in process230.4 252.9 
Finished products710.6 676.7 
$1,159.4 $1,126.2 
Schedule of Accrued and Other Liabilities
September 30,
2026		December 31,
2025
Other assets
Tax receivable (Note 15)
$414.3 $314.8 
Long-term prepaid royalties87.1 93.3 
Notes and other receivables71.7 173.7 
Acquisition options15.8 125.9 
Fair value of derivatives14.8 5.8 
Other long-term assets29.9 16.7 
$633.6 $730.2 
Accrued and other liabilities
Employee compensation and withholdings$439.7 $467.5 
Taxes payable191.4 192.5 
Accrued rebates184.7 156.6 
Liability under transition services agreement127.8 123.4 
Property, payroll, and other taxes84.9 84.9 
Research and development accruals69.1 69.2 
Legal and insurance accrual
37.1 164.2 
Accrued realignment reserves18.6 23.4 
Unfavorable contract liability14.9 27.2 
Fair value of derivatives7.6 25.3 
Contingent consideration
7.5 — 
Litigation settlement— 50.0 
Other accrued liabilities168.8 177.5 
$1,352.1 $1,561.7 
Schedule of Supplemental Cash Flow Information
Supplemental Cash Flow Information
(in millions)
Nine Months Ended
September 30,
20262025
Cash paid during the year for:
Income taxes (Note 15)
$185.3 $458.0 
Amounts included in the measurement of operating lease liabilities$22.6 $21.9 
Non-cash investing and financing transactions:
Right-of-use assets obtained in exchange for new lease liabilities$17.8 $13.3 
Capital expenditures accruals$34.1 $30.6 
Schedule of Cash and Cash Equivalents
Cash, Cash Equivalents, and Restricted Cash
(in millions)
September 30,
2026		December 31,
2025
Cash and cash equivalents$3,110.8 $2,938.0 
Restricted cash included in other current assets0.9 0.5 
Restricted cash included in other assets0.7 1.0 
Total cash, cash equivalents, and restricted cash$3,112.4 $2,939.5 
Schedule of Restricted Cash
Cash, Cash Equivalents, and Restricted Cash
(in millions)
September 30,
2026		December 31,
2025
Cash and cash equivalents$3,110.8 $2,938.0 
Restricted cash included in other current assets0.9 0.5 
Restricted cash included in other assets0.7 1.0 
Total cash, cash equivalents, and restricted cash$3,112.4 $2,939.5