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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Cash flows from operating activities:    
Net income $ 1,615.5 $ 1,572.6
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 241.7 244.2
Depreciation expense 80.2 73.2
Deferred income taxes (290.0) (241.7)
(Gains) losses on equity securities (6.0) 159.8
Decrease in fair value of contingent consideration (2.5) (56.7)
Other non-cash items, net 11.1 (6.3)
Changes in operating assets and liabilities:    
Accounts receivable, net (93.4) (249.3)
Inventories (155.4) (31.3)
Prepaid expenses and other assets 26.6 85.3
Accounts payable 71.3 30.8
Accrued expenses 417.4 547.1
Other liabilities 117.8 (31.7)
Net cash provided by operating activities 2,034.3 2,096.0
Cash flows from investing activities:    
Purchases of available-for-sale debt securities (2,390.8) (227.9)
Maturities of available-for-sale debt securities 289.8 242.3
Purchases of property and equipment (101.7) (116.9)
Sale of equity securities 95.1 0.0
Investment in equity securities and notes receivable (29.9) (10.0)
Net cash used in investing activities (2,137.5) (112.5)
Cash flows from financing activities:    
Issuances of common stock under benefit plans 72.8 98.1
Repurchases of common stock (161.1) 0.0
Payments in connection with common stock withheld for employee tax obligations (169.7) (121.9)
Payments on finance leases (21.6) (25.6)
Other financing activities 2.2 1.7
Net cash used in financing activities (277.4) (47.7)
Effect of changes in exchange rates on cash 22.0 (31.8)
Net (decrease) increase in cash, cash equivalents and restricted cash (358.6) 1,904.0
Cash, cash equivalents and restricted cash—beginning of period 10,512.0 6,800.1
Cash, cash equivalents and restricted cash—end of period 10,153.4 8,704.1
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 618.7 478.3
Cash paid for interest $ 22.0 $ 27.1