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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Total revenues $ 677.7 $ 506.9
Operating expenses:    
Cost of sales 72.9 52.3
Research and development 104.1 82.9
Selling, general, and administrative 144.4 87.3
Total operating expenses 321.4 222.5
Operating income 356.3 284.4
Interest income 53.8 29.2
Interest expense (13.3) (13.8)
Other income (expense), net 1.8 (7.9)
Total other income, net 42.3 7.5
Income before income taxes 398.6 291.9
Income tax expense (92.0) (51.0)
Net income $ 306.6 $ 240.9
Net income per common share:    
Basic (in dollars per share) $ 6.52 $ 5.20
Diluted (in dollars per share) $ 6.17 $ 4.86
Weighted average number of common shares outstanding:    
Basic (in shares) 47.0 46.3
Diluted (in shares) 49.7 49.6