XML 69 R52.htm IDEA: XBRL DOCUMENT v3.23.3
Fair Value Measurements - Schedule of Assets and Liabilities Measured at Fair Value on Recurring Basis (Details) - Fair Value On Recurring Basis - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value $ 950 $ 1,138
Total liabilities measured at fair value 19 17
Liability for sale of future royalties    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total liabilities measured at fair value 19 17
Money market funds    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 110 169
U.S. treasury securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 245 314
Corporate securities and commercial paper    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 491 631
U.S. government agency obligations    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 96  
U.S. government agency securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value   20
Certificate of deposit    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 8 4
Level 1    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 110 169
Total liabilities measured at fair value 0 0
Level 1 | Liability for sale of future royalties    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total liabilities measured at fair value 0 0
Level 1 | Money market funds    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 110 169
Level 1 | U.S. treasury securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0 0
Level 1 | Corporate securities and commercial paper    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0 0
Level 1 | U.S. government agency obligations    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0  
Level 1 | U.S. government agency securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value   0
Level 1 | Certificate of deposit    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0 0
Level 2    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 840 969
Total liabilities measured at fair value 0 0
Level 2 | Liability for sale of future royalties    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total liabilities measured at fair value 0 0
Level 2 | Money market funds    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0 0
Level 2 | U.S. treasury securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 245 314
Level 2 | Corporate securities and commercial paper    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 491 631
Level 2 | U.S. government agency obligations    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 96  
Level 2 | U.S. government agency securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value   20
Level 2 | Certificate of deposit    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 8 4
Level 3    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0 0
Total liabilities measured at fair value 19 17
Level 3 | Liability for sale of future royalties    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total liabilities measured at fair value 19 17
Level 3 | Money market funds    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0 0
Level 3 | U.S. treasury securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0 0
Level 3 | Corporate securities and commercial paper    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0 0
Level 3 | U.S. government agency obligations    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value 0  
Level 3 | U.S. government agency securities    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value   0
Level 3 | Certificate of deposit    
Fair Value Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]    
Total assets measured at fair value $ 0 $ 0