v3.24.3
Inventories
9 Months Ended
Sep. 30, 2024
Inventory Disclosure [Abstract]  
Inventories Inventories
Inventories consist of the following:
September 30,
December 31,
(In millions)
2024
2023
Raw materials$856.6 $789.3 
Work-in-process1,230.1 1,121.8 
Finished goods164.6 147.3 
Deferred costs766.7 522.1 
$3,018.0 $2,580.5 
Deferred costs represent the costs of product manufactured and shipped to the Company's collaborators for which recognition of revenue has been deferred.