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Additional Balance Sheet Detail (Tables)
12 Months Ended
Dec. 31, 2021
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Schedule of Prepaid, and Other Assets
Prepaid expenses and other current assets consisted of the following:
As of December 31,
20212020
(in millions)
Tax related prepaid and receivables$358.6 $228.6 
Other187.2 79.7 
Total
$545.8 $308.3 
Summary of Accrued Expenses
Accrued expenses consisted of the following:
As of December 31,
20212020
(in millions)
Product revenue accruals$847.4 $781.9 
Payroll and benefits191.3 169.4 
Research, development and commercial contract costs171.6 136.7 
Royalty payable200.4 165.4 
Tax related accruals
211.3 104.2 
Other
56.6 47.4 
Total
$1,678.6 $1,405.0 
Summary of Other Current Liabilities
Other current liabilities consisted of the following:
As of December 31,
20212020
(in millions)
Contract liabilities$171.7 $191.5 
Finance lease liabilities46.9 42.4 
Fair value of cash flow hedges5.6 59.2 
Other44.2 24.3 
Total$268.4 $317.4 
Schedule of Additional Cash Flow Information
The cash, cash equivalents and restricted cash balances at the beginning and ending of each period presented in our consolidated statements of cash flows consisted of the following:
As of December 31,
2021202020192018
(in millions)
Cash and cash equivalents$6,795.0 $5,988.2 $3,109.3 $2,650.1 
Prepaid expenses and other current assets
5.1 0.7 8.0 4.9 
Other assets
— — 3.4 3.3 
Cash, cash equivalents and restricted cash per consolidated statement of cash flows$6,800.1 $5,988.9 $3,120.7 $2,658.3