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Acquisitions and Other Transactions (Tables)
6 Months Ended
Jun. 30, 2017
Business Acquisition [Line Items]  
Business Acquisition, Pro forma information
Unaudited Pro Forma Financial Results
The following table presents supplemental unaudited pro forma information for the acquisition of Meda, as if it had occurred on January 1, 2015. The unaudited pro forma results reflect certain adjustments related to past operating performance and acquisition accounting adjustments, such as increased amortization expense based on the fair value of assets acquired, the impact of transaction costs and the related income tax effects. The unaudited pro forma results do not include any anticipated synergies which may be achievable, or have been achieved, subsequent to the closing of the Meda transaction. Accordingly, the unaudited pro forma results are not necessarily indicative of the results that actually would have occurred had the acquisitions been completed on the stated dates above, nor are they indicative of the future operating results of Mylan N.V. and its subsidiaries.
 
Three Months Ended
 
Six Months Ended
 
June 30,
 
June 30,
(Unaudited, in millions, except per share amounts)
2016
 
2016
Total revenues
$
3,153.5

 
$
5,841.2

Net earnings
$
249.2

 
$
259.3

Earnings per ordinary share:
 
 
 
Basic
$
0.47

 
$
0.50

Diluted
$
0.46

 
$
0.48

Weighted average ordinary shares outstanding:
 
 
 
Basic
530.8

 
523.5

Diluted
536.1

 
536.0

Meda  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The preliminary allocation of the $6.92 billion purchase price to the assets acquired and liabilities assumed for Meda is as follows:
(In millions)
Preliminary Purchase Price Allocation as of December 31, 2016 (a)
 
Measurement Period Adjustments (b)
 
Preliminary Purchase Price Allocation as of June 30, 2017 (as adjusted)
Current assets (excluding inventories and net of cash acquired)
$
482.5

 
$
(7.0
)
 
$
475.5

Inventories
463.1

 
5.0

 
468.1

Property, plant and equipment
177.5

 

 
177.5

Identified intangible assets
8,060.7

 

 
8,060.7

Goodwill
3,676.9

 
7.3

 
3,684.2

Other assets
9.5

 

 
9.5

Total assets acquired
12,870.2

 
5.3

 
12,875.5

Current liabilities
(1,105.9
)
 
(2.1
)
 
(1,108.0
)
Long-term debt, including current portion
(2,864.6
)
 

 
(2,864.6
)
Deferred tax liabilities
(1,613.9
)
 
(3.1
)
 
(1,617.0
)
Pension and other postretirement benefits
(322.3
)
 

 
(322.3
)
Other noncurrent liabilities
(42.4
)
 
(0.1
)
 
(42.5
)
Net assets acquired
$
6,921.1

 
$

 
$
6,921.1

____________
(a) 
As previously reported in the Company’s December 31, 2016 Annual Report on Form 10-K, as amended.
(b) 
The measurement period adjustments recorded during the six months ended June 30, 2017 are primarily related to certain income tax adjustments and working capital related estimates to reflect facts and circumstances that existed as of the acquisition date.
Topicals Business  
Business Acquisition [Line Items]  
Schedule of Purchase Price Allocation
The allocation of the $972.7 million purchase price to the assets acquired and liabilities assumed for the Topicals Business is as follows:
(In millions)
 
Current assets (excluding inventories)
$
57.7

Inventories
74.2

Property, plant and equipment
54.8

Identified intangible assets
467.0

In-process research and development
275.0

Goodwill
318.6

Other assets
0.1

Total assets acquired
1,247.4

Current liabilities
(74.2
)
Deferred tax liabilities
(194.6
)
Other noncurrent liabilities
(5.9
)
Net assets acquired
$
972.7