Consolidated Financial Statement Details

12 Months Ended

Dec. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Consolidated Financial Statement Details

CONSOLIDATED FINANCIAL STATEMENT DETAILS

The following tables provide details of selected consolidated financial statement items (in millions):

	December 31,
	2021		2020
Inventory:
Raw materials	$	214.6	$	184.1
Work-in-process	96.4		75.6
Finished goods	276.1		341.8
Total inventory	$	587.1	$	601.5

	December 31,
	2021		2020
Prepaids and other current assets:
Prepaid taxes	$	4.3	$	28.9
Equity investments	26.9		60.1
Net investment in sales-type leases – short-term	110.3		81.1
Other prepaids and other current assets	129.6		97.4
Total prepaids and other current assets	$	271.1	$	267.5

	December 31,
	2021		2020
Property, plant, and equipment, net:
Land	$	367.8	$	277.9
Building and building/leasehold improvements	812.5		773.8
Machinery and equipment	497.6		428.0
Operating lease assets – Intuitive System Leasing	616.1		419.9
Computer and office equipment	123.7		112.6
Capitalized software	217.6		205.4
Construction-in-process	209.7		117.4
Gross property, plant, and equipment	2,845.0		2,335.0
Less: Accumulated depreciation*	(968.6)		(757.7)
Total property, plant, and equipment, net	$	1,876.4	$	1,577.3
*Accumulated depreciation associated with operating lease assets – Intuitive System Leasing	$	(182.1)	$	(112.1)

	December 31,
	2021		2020
Other accrued liabilities – short-term:
Taxes payable	$	54.1	$	47.2
Current portion of deferred purchase consideration	11.6		10.4
Current portion of contingent consideration	0.4		15.1
Other accrued liabilities	235.2		225.6
Total other accrued liabilities – short-term	$	301.3	$	298.3

	December 31,
	2021		2020
Other long-term liabilities:
Income taxes – long-term	$	316.6	$	305.6
Deferred revenue – long-term	36.8		32.1
Other long-term liabilities	100.3		106.9
Total other long-term liabilities	$	453.7	$	444.6

Supplemental Cash flow Information

The following table provides supplemental cash flow information (in millions):

	Years Ended December 31,
	2021		2020		2019
Income taxes paid	$	180.0	$	34.4	$	158.6
Supplemental non-cash investing and financing activities:
Equipment transfers from inventory to property, plant, and equipment	$	302.4	$	186.5	$	210.6
Acquisition of property, plant, and equipment in accounts payable and accrued liabilities	$	32.1	$	47.3	$	30.2
Deferred purchase and contingent consideration related to acquisitions	$	6.5	$	4.2	$	86.6