BALANCE SHEET DETAILS AND OTHER FINANCIAL INFORMATION |
BALANCE SHEET DETAILS AND OTHER FINANCIAL INFORMATION Balance Sheet Details The following tables provide details of selected Condensed Consolidated Balance Sheet line items (in millions): | | | | | | | | | | | | | As of | Accounts receivable, net | March 31, 2024 | | December 31, 2023 | Trade accounts receivable, net | $ | 1,028.6 | | | $ | 1,042.2 | | | | | | | | | | Unbilled accounts receivable and other | 115.5 | | | 105.0 | | Sales returns and allowances | (16.2) | | | (17.0) | | Total accounts receivable, net | $ | 1,127.9 | | | $ | 1,130.2 | |
| | | | | | | | | | | | | As of | Inventory | March 31, 2024 | | December 31, 2023 | Raw materials | $ | 469.8 | | | $ | 454.7 | | Work-in-process | 181.3 | | | 159.9 | | Finished goods | 648.2 | | | 606.0 | | Total inventory | $ | 1,299.3 | | | $ | 1,220.6 | |
| | | | | | | | | | | | | As of | Prepaids and other current assets | March 31, 2024 | | December 31, 2023 | Net investment in sales-type leases – short-term | $ | 132.5 | | | $ | 137.3 | | | | | | | | | | | | | | | | | | Other prepaids and other current assets | 272.9 | | | 176.7 | | Total prepaids and other current assets | $ | 405.4 | | | $ | 314.0 | |
| | | | | | | | | | | | | As of | Other accrued liabilities – short-term | March 31, 2024 | | December 31, 2023 | Income and other taxes payable | $ | 51.8 | | | $ | 111.4 | | Accrued construction-related capital expenditures | 163.1 | | | 143.3 | | | | | | | | | | | | | | | | | | Other accrued liabilities | 289.9 | | | 332.8 | | Total other accrued liabilities – short-term | $ | 504.8 | | | $ | 587.5 | |
| | | | | | | | | | | | | As of | Other long-term liabilities | March 31, 2024 | | December 31, 2023 | Income taxes – long-term | $ | 250.5 | | | $ | 233.8 | | Deferred revenue – long-term | 50.2 | | | 45.6 | | Other long-term liabilities | 105.8 | | | 106.1 | | Total other long-term liabilities | $ | 406.5 | | | $ | 385.5 | |
Supplemental Cash Flow Information The following table provides supplemental non-cash investing and financing activities (in millions): | | | | | | | | | | | | | Three Months Ended March 31, | | 2024 | | 2023 | Equipment transfers, including operating lease assets, from inventory to property, plant, and equipment | $ | 110.7 | | | $ | 89.6 | | | | | | Acquisition of property, plant, and equipment in accounts payable and accrued liabilities | $ | 177.9 | | | $ | 80.2 | | | | | |
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