Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Components of share-based compensation expense

The following table summarizes the components of share-based compensation expense in the Consolidated Statements of Income for the three- and nine-month periods ended September 30, 2013 and 2012:

	Three-Month Periods Ended September 30,				Nine-Month Periods Ended September 30,
	2013		2012		2013		2012
Cost of goods sold (excluding amortization of acquired intangible assets)	$	6.1	$	3.3	$	12.6	$	9.2
Research and development	41.7		27.2		100.5		75.8
Selling, general and administrative	44.2		32.1		114.3		86.0
Total share-based compensation expense	92.0		62.6		227.4		171.0
Tax benefit related to share-based compensation expense	29.9		17.0		66.1		45.7
Reduction in income	$	62.1	$	45.6	$	161.3	$	125.3

Summary of activity for stock options, RSUs and PSUs

The following table summarizes the activity for stock options, RSUs and PSUs for the nine-month period ended September 30, 2013 (in thousands):

	Stock Options		Restricted Stock Units		Performance- Based Restricted Stock Units
Outstanding at December 31, 2012	42,592		4,463		26
Changes during the Year:
Granted	6,639		1,517		45
Exercised / Released	(9,951	)	(832	)	(6	)
Forfeited	(863	)	(173	)	(8	)
Expired	(36	)	N/A		N/A
Outstanding at September 30, 2013	38,381		4,975		57

Schedule of total compensation cost related to nonvested awards not yet recognized and weighted-average periods over which awards are expected to be recognized

Total compensation cost related to nonvested awards not yet recognized and the weighted-average periods over which the awards are expected to be recognized at September 30, 2013 were as follows (dollars in millions):

	Stock Options		Restricted Stock Units		Performance- Based Restricted Stock Units
Unrecognized compensation cost	$	369.7	$	243.6	$	4.4
Expected weighted-average period in years of compensation cost to be recognized	2.2		1.6		1.8