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Sale of Equity Interests in Theravance Respiratory Company, LLC and Discontinued Operations (Details)			12 Months Ended
	Jul. 20, 2022 USD ($) shares	Feb. 21, 2020	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Theravance Respiratory Company, LLC
Future contingent milestone and royalty assets			$ 194,200,000
Royalty Pharma \| Disposed of by Sale \| TRC
Theravance Respiratory Company, LLC
Net gain from sale of equity interests in TRC, LLC	$ 1,141,100,000		1,141,084,000
Consideration received	1,301,600,000
Proceeds from the sale of equity interest in TRC, LLC	1,107,400,000
Equity method investments	136,700,000
Future contingent milestone and royalty assets	194,200,000
Transaction costs	23,800,000
Income from investments in TRC, LLC			53,237,000	$ 103,987,000	$ 68,438,000
Investment Amount	$ 136,700,000
Royalty Pharma \| Disposed of by Sale \| TRC \| Measurement Input, Discount Rate [Member]
Theravance Respiratory Company, LLC
Equity method investment, contingent consideration	0.0783
Royalty Pharma \| Purchase Agreement to Sell Units in Theravance Respiratory Company, LLC
Theravance Respiratory Company, LLC
Percentage of Right to Receive Royalty Transferring	85
Proceeds from sale of units.	$ 1,100,000,000
Consideration Receivable at closing	$ 250,000,000.0
Royalty Pharma \| Class B Units \| Purchase Agreement to Sell Units in Theravance Respiratory Company, LLC
Theravance Respiratory Company, LLC
Units issued \| shares	2,125
Royalty Pharma \| Class C Units \| Purchase Agreement to Sell Units in Theravance Respiratory Company, LLC
Theravance Respiratory Company, LLC
Units issued \| shares	6,375
TRC
Theravance Respiratory Company, LLC
Percentage of equity interest				85.00%
Percentage of economic interest		85.00%		85.00%
Equity method investments			0	$ 67,500,000
Income from investments in TRC, LLC			53,200,000	104,000,000.0	$ 68,400,000
Due form TRC			0	43,500,000
Investment Amount			$ 0	$ 67,500,000
Number of fiscal quarters				4
Theravance
Theravance Respiratory Company, LLC
Consideration Receivable at closing	$ 1,326,600,000