v3.22.4
Balance Sheet Details (Tables)
 12 Months Ended
Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule of Short-Term Marketable Securities
Short-term marketable securities, consisting of available-for-sale debt securities, were as follows as of the dates indicated:
December 31, 2022
(In millions)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Market
Value
Debt securities, available-for-sale:
U.S. government agencies (1)
$1,535.1 $0.2 $(4.6)$1,530.7 
Commercial paper119.6 — (0.2)119.4 
Corporate debt164.3 — (0.5)163.8 
Supranationals— — — — 
Total debt securities, available-for-sale$1,819.0 $0.2 $(5.3)$1,813.9 
December 31, 2021
(In millions)Amortized
Cost		Gross
Unrealized
Gains		Gross
Unrealized
Losses		Estimated
Market
Value
Debt securities, available-for-sale:
U.S. government agencies$1,212.1 $— $(1.5)$1,210.6 
Commercial paper189.8 — (0.1)189.7 
Corporate debt224.6 — (0.3)224.3 
Supranationals54.1 — (0.1)54.0 
Total debt securities, available-for-sale$1,680.6 $— $(2.0)$1,678.6 
(1) Includes debt obligations issued by U.S. government-sponsored enterprises or U.S. government agencies.
Schedule of Accounts Receivable
December 31,
(In millions)20222021
Accounts receivable$720.6 $519.7 
Less allowance for doubtful accounts(7.3)(5.4)
Total accounts receivable, net$713.3 $514.3 
Schedule of Inventory
December 31,
(In millions)20222021
Raw materials$159.0 $145.2 
Work-in-process17.2 16.2 
Finished goods130.5 195.9 
Total inventory$306.7 $357.3 
Schedule of Prepaid and Other Current Assets
Prepaid and Other Current Assets

December 31,
(In millions)20222021
Prepaid expenses$48.9 $39.8 
Prepaid inventory67.8 12.1 
Income tax receivables38.9 2.3 
Other current assets37.0 27.4 
Total prepaid and other current assets$192.6 $81.6 
Schedule of Property and Equipment
December 31,
(In millions)20222021
Land (1)
$26.9 $15.6 
Building (1)
54.3 49.1 
Furniture and fixtures32.6 30.7 
Computer software and hardware48.8 52.7 
Machinery and equipment449.2 272.9 
Leasehold improvements264.4 251.6 
Construction in progress 542.6 360.7 
Total cost1,418.8 1,033.3 
Less accumulated depreciation and amortization(363.2)(231.5)
Total property and equipment, net$1,055.6 $801.8 
(1) Represents finance lease right-of-use assets.
Schedule of Intangible Assets and Weighted Average Amortization Period
The following table summarizes the components of gross intangible assets, accumulated amortization, and net intangible asset balances as of December 31, 2022 and December 31, 2021
December 31, 2022
(Dollars in millions)Weighted Average Useful Life
(in years)		Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Verily intangible asset (1)
5.3$152.4 $(2.4)$150.0 
Customer relationships3.324.1 (8.7)15.4 
Acquired technology and intellectual property (2)
1.714.6 (9.6)5.0 
Trademarks and trade name3.54.2 (1.3)2.9 
Intangibles, other0.00.2 (0.2)— 
Total4.9$195.5 $(22.2)$173.3 
(1) See Note 2 “Development and Other Agreements” to the consolidated financial statements in Part II, Item 8 of this Annual Report for more information.
(2) Excludes Verily intangible asset.
December 31, 2021
(Dollars in millions)Weighted Average Useful Life
(in years)		Gross Carrying AmountAccumulated AmortizationNet Carrying Amount
Customer relationships4.5$22.9 $(3.5)$19.4 
Acquired technology and intellectual property2.715.2 (7.1)8.1 
Trademarks and trade name4.54.4 (0.5)3.9 
Intangibles, other1.10.3 (0.2)0.1 
Total4.0$42.8 $(11.3)$31.5 
Schedule of Finite-Lived Intangible Assets Amortization Expense
The following table presents the total amortization expense of finite-lived intangible assets for the twelve months ended December 31, 2022, 2021 and 2020:
Twelve Months Ended
December 31,
(In millions)202220212020
Amortization expense included in cost of sales$4.3 $1.9 $0.6 
Amortization expense included in operating expenses7.5 3.7 2.5 
Total amortization of intangible assets$11.8 $5.6 $3.1 
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The following table presents estimated future amortization of the Company’s finite-lived intangible assets as of December 31, 2022:
(In millions)
202337.3 
202435.8 
202533.2 
202631.3 
202728.6 
Thereafter7.1 
Total$173.3 
Schedule of Accounts Payable and Accrued Liabilities
December 31,
20222021
(In millions)As Adjusted
Accounts payable trade$237.9 $189.4 
Accrued tax, audit, and legal fees44.8 40.6 
Accrued rebates 556.4 260.5 
Accrued warranty12.8 12.9 
Contractual obligations— 15.0 
Other accrued liabilities 49.9 54.6 
Total accounts payable and accrued liabilities$901.8 $573.0 
Schedule of Accrued Payroll and Related Expenses
December 31,
(In millions)20222021
Accrued wages, bonus and taxes$96.8 $91.8 
Other accrued employee benefits37.5 33.4 
Total accrued payroll and related expenses$134.3 $125.2 
Schedule of Accrued Warranty Reconciliations of our accrued warranty costs for the twelve months ended December 31, 2022, 2021 and 2020 were as follows:
Twelve Months Ended
December 31,
(In millions)202220212020
Beginning balance$12.9 $11.7 $7.4 
Charges to costs and expenses43.0 41.5 41.3 
Costs incurred(43.1)(40.3)(37.0)
Ending balance$12.8 $12.9 $11.7 
Schedule of Other Long-Term Liabilities
December 31,
(In millions)20222021
Finance lease obligations$59.6 $57.0 
Deferred revenue, long-term19.0 16.1 
Deferred tax liabilities4.9 5.9 
Other tax liabilities32.7 2.8 
Other liabilities12.1 8.2 
Total other long-term liabilities$128.3 $90.0