XML 44 R33.htm IDEA: XBRL DOCUMENT v3.7.0.1
Acquisitions (Details) - USD ($)
$ in Millions
1 Months Ended 3 Months Ended
Jan. 31, 2017
Mar. 31, 2017
Mar. 31, 2016
Jan. 03, 2017
Dec. 31, 2016
Cost of sales   $ 1,327.7 $ 1,323.0    
Interest Expense   46.6 43.4    
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual   40.8      
Payments to Acquire Businesses, Net of Cash Acquired   882.1 0.0    
Goodwill   4,188.0     $ 3,972.7
Acquired in-process research and development   857.6 0.0    
Purchased in-process research and development   831.8 0.0    
Boehringer Ingelheim Vetmedica, Inc.'s U.S. Vaccine Portfolio [Member]          
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Inventory       $ 105.2  
Business Combination, Consideration Transferred $ 882.1        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Finite-Lived Intangibles [1]       404.0  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets       33.0  
Business Combination, Consideration Transferred       882.1  
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life 10 years        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment       156.2  
Goodwill [2]       184.4  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities       (0.7)  
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net       $ 697.7  
CoLucid Pharmaceuticals [Member]          
Acquired in-process research and development   857.6      
Purchased in-process research and development   831.8      
Noncash or Part Noncash Acquisition, Value of Liabilities Assumed   25.8      
Corporate, Non-Segment [Member]          
Amortization of Intangible Assets   176.1 172.5    
Acquired in-process research and development   857.6 0.0    
Corporate, Non-Segment [Member] | Fair Value Adjustment to Inventory [Member]          
Cost of sales   $ 10.4 $ 0.0    
[1] (1) These intangible assets, which are being amortized to cost of sales on a straight-line basis over their estimated useful lives, were expected to have a weighted average useful life of 10 years.
[2] (2) The goodwill recognized from this acquisition is attributable primarily to expected synergies from combining the operations of BIVIVP with our legacy animal health business, future unidentified projects and products, and the assembled workforce of BIVIVP. We anticipate that the goodwill associated with this acquisition will be deductible for tax purposes.