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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Net sales $ 1,140.9 $ 1,094.0 $ 3,194.6 $ 3,173.9
Cost of sales 281.0 292.4 784.3 828.2
Gross profit 859.9 801.6 2,410.3 2,345.7
Selling, general, and administrative expenses 307.2 306.2 889.9 895.0
Research and development expenses 195.5 195.5 565.0 558.8
Intellectual property litigation expenses (Note 3) 8.4 7.9 400.8 19.5
Change in fair value of contingent consideration liabilities, net (Note 6) (9.0) (2.3) 8.4 12.4
Special charge (Note 4) 0.0 0.0 0.0 24.0
Operating income 357.8 294.3 546.2 836.0
Interest income, net (0.8) (2.8) (7.1) (7.2)
Other income, net (5.7) (4.6) (7.3) (7.8)
Consolidated pre-tax income 364.3 301.7 560.6 851.0
Provision for income taxes 39.1 27.0 46.7 84.3
Net income $ 325.2 $ 274.7 $ 513.9 $ 766.7
Earnings per share:        
Basic (in dollars per share) $ 0.52 $ 0.44 $ 0.83 $ 1.23
Diluted (in dollars per share) $ 0.52 $ 0.43 $ 0.82 $ 1.20
Weighted-average number of common shares outstanding:        
Basic (in shares) 622.1 624.6 622.3 624.3
Diluted (in shares) 631.0 636.3 628.8 636.3