3. Fair Value Measurements Fair Value Level Table (Details) - USD ($) $ in Millions | 3 Months Ended | | |
Mar. 31, 2020 | Dec. 31, 2019 | Oct. 01, 2019 |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Unrealized Gain on Securities | | $ 827.7 | | |
Debt Securities, Available-for-sale | | 393.2 | | |
Business Combination, Contingent Consideration, Liability | | | | $ 0.6 |
Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Restricted Investments, at Fair Value | | 5.6 | $ 5.6 | |
Equity Securities | [1] | 5,448.4 | 4,664.4 | |
Debt Securities, Available-for-sale | [2] | 393.2 | 402.9 | |
Forward Foreign Exchange Contracts, Asset, Fair Value Disclosure | [3] | 0.7 | 0.9 | |
Assets, Fair Value Disclosure | | 6,046.4 | 5,227.9 | |
Forward Foreign Exchange Contracts, Liability, Fair Value Disclosure | [4] | 1.3 | 1 | |
Business Combination, Contingent Consideration, Liability | [5] | 3.5 | 4.9 | |
Liabilities, Fair Value Disclosure | | 4.8 | 5.9 | |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Restricted Investments, at Fair Value | | 5.6 | 5.6 | |
Equity Securities | [1] | 5,448.4 | 4,664.4 | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Forward Foreign Exchange Contracts, Asset, Fair Value Disclosure | [3] | 0 | 0 | |
Assets, Fair Value Disclosure | | 5,576.9 | 4,771.1 | |
Forward Foreign Exchange Contracts, Liability, Fair Value Disclosure | [4] | 0 | 0 | |
Business Combination, Contingent Consideration, Liability | [5] | 0 | 0 | |
Liabilities, Fair Value Disclosure | | 0 | 0 | |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Restricted Investments, at Fair Value | | 0 | 0 | |
Equity Securities | [1] | 0 | 0 | |
Debt Securities, Available-for-sale | [2] | 393.2 | 402.9 | |
Forward Foreign Exchange Contracts, Asset, Fair Value Disclosure | [3] | 0.7 | 0.9 | |
Assets, Fair Value Disclosure | | 469.5 | 456.8 | |
Forward Foreign Exchange Contracts, Liability, Fair Value Disclosure | [4] | 1.3 | 1 | |
Business Combination, Contingent Consideration, Liability | [5] | 0 | 0 | |
Liabilities, Fair Value Disclosure | | 1.3 | 1 | |
Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Restricted Investments, at Fair Value | | 0 | 0 | |
Equity Securities | [1] | 0 | 0 | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Forward Foreign Exchange Contracts, Asset, Fair Value Disclosure | [3] | 0 | 0 | |
Assets, Fair Value Disclosure | | 0 | 0 | |
Forward Foreign Exchange Contracts, Liability, Fair Value Disclosure | [4] | 0 | 0 | |
Business Combination, Contingent Consideration, Liability | [5] | 3.5 | 4.9 | |
Liabilities, Fair Value Disclosure | | 3.5 | 4.9 | |
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0.1 | 0.1 | |
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0 | 0 | |
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0.1 | 0.1 | |
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0 | 0 | |
Commercial Paper [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 65.5 | 42.9 | |
Commercial Paper [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0 | 0 | |
Commercial Paper [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 65.5 | 42.9 | |
Commercial Paper [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0 | 0 | |
Time Deposits [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 36.4 | 41.2 | |
Time Deposits [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 26.4 | 31.2 | |
Time Deposits [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 10 | 10 | |
Time Deposits [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0 | 0 | |
Money Market Funds [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 96.5 | 69.9 | |
Money Market Funds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 96.5 | 69.9 | |
Money Market Funds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0 | 0 | |
Money Market Funds [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0 | 0 | |
Cash Equivalents [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 198.5 | 154.1 | |
Cash Equivalents [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 122.9 | 101.1 | |
Cash Equivalents [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 75.6 | 53 | |
Cash Equivalents [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Cash and Cash Equivalents, Fair Value Disclosure | [6] | 0 | 0 | |
Foreign Government Debt [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 2.1 | | |
Foreign Government Debt [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | | |
Foreign Government Debt [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 2.1 | | |
Foreign Government Debt [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | | |
Municipal Obligations (Member) | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 14.4 | 11.6 | |
Municipal Obligations (Member) | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Municipal Obligations (Member) | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 14.4 | 11.6 | |
Municipal Obligations (Member) | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Foreign Government Obligations [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 5.6 | 4.7 | |
Foreign Government Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Foreign Government Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 5.6 | 4.7 | |
Foreign Government Obligations [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 198.4 | 204.5 | |
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 198.4 | 204.5 | |
Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
US Government Sponsored Agencies [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 100.9 | 106.1 | |
US Government Sponsored Agencies [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
US Government Sponsored Agencies [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 100.9 | 106.1 | |
US Government Sponsored Agencies [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 71.8 | 72.9 | |
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 71.8 | 72.9 | |
Asset-backed Securities [Member] | Fair Value, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | [2] | 0 | 0 | |
Other Current Liabilities [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Business Combination, Contingent Consideration, Liability | [5] | 3.5 | 3.3 | |
Other Noncurrent Liabilities [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Business Combination, Contingent Consideration, Liability | [5] | 0 | 1.6 | |
Short-term Investments [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Equity Securities | [1] | 40.1 | 51 | |
Debt Securities, Available-for-sale | [2] | 393.1 | 402.8 | |
Short-term Investments [Member] | Foreign Government Debt [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | | 2.1 | 3.1 | |
Short-term Investments [Member] | Municipal Obligations (Member) | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | | 14.4 | 11.6 | |
Short-term Investments [Member] | Foreign Government Obligations [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | | 5.6 | 4.7 | |
Short-term Investments [Member] | Corporate Debt Securities [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | | 198.4 | 204.5 | |
Short-term Investments [Member] | US Government Sponsored Agencies [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | | 100.9 | 106.1 | |
Short-term Investments [Member] | Asset-backed Securities [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Debt Securities, Available-for-sale | | 71.7 | 72.8 | |
Other Investments [Member] | Fair Value, Recurring [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Equity Securities | [1] | 5,408.3 | 4,613.4 | |
Debt Securities, Available-for-sale | [2] | 0.1 | $ 0.1 | |
Analytical Flow Cytometer Platform [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Business Combination, Contingent Consideration, Liability | | 2.9 | | |
Sales milestone minimum amount [Member] | Analytical Flow Cytometer Platform [Member] | | | | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | | | | |
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, Low | | $ 0 | | |
| |
[1] | Equity securities are included in the following accounts in the Condensed Consolidated Balance Sheets (in millions): March 31, 2020 December 31, 2019 Short-term investments $ 40.1 $ 51.0 Other investments 5,408.3 4,613.4 Total $ 5,448.4 $ 4,664.4 | |
[2] | Available-for-sale investments are included in the following accounts in the Condensed Consolidated Balance Sheets (in millions): March 31, 2020 December 31, 2019 Short-term investments $ 393.1 $ 402.8 Other investments 0.1 0.1 Total $ 393.2 $ 402.9 | |
[3] | Forward foreign exchange contracts in an asset position are included in Other current assets in the Condensed Consolidated Balance Sheets. | |
[4] | Forward foreign exchange contracts in a liability position are included in Other current liabilities in the Condensed Consolidated Balance Sheets. | |
[5] | Contingent consideration liability is included in the following accounts in the Condensed Consolidated Balance Sheets (in millions): March 31, 2020 December 31, 2019 Other current liabilities $ 3.5 $ 3.3 Other long-term liabilities — 1.6 Total $ 3.5 $ 4.9 | |
[6] | Cash equivalents are included in Cash and cash equivalents in the Condensed Consolidated Balance Sheets. | |