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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue:        
Net product sales $ 1,844.6 $ 1,564.1 $ 3,552.1 $ 2,993.4
Collaborative agreements and other revenue 2.7 3.1 4.6 10.2
Royalty revenue 25.4 31.8 46.0 60.0
Total revenue 1,872.7 1,599.0 3,602.7 3,063.6
Expenses:        
Cost of goods sold (excluding amortization of acquired intangible assets) 98.9 80.9 185.0 161.4
Research and development 456.9 458.1 1,170.6 910.5
Selling, general and administrative 491.8 418.1 985.9 787.1
Amortization of acquired intangible assets 65.3 65.7 131.0 131.4
Acquisition related charges, net 0.9 12.5 9.5 45.7
Total costs and expenses 1,113.8 1,035.3 2,482.0 2,036.1
Operating income 758.9 563.7 1,120.7 1,027.5
Other income and (expense):        
Interest and investment income, net 7.3 4.5 13.7 9.3
Interest (expense) (41.6) (19.6) (70.9) (37.5)
Other income (expense), net (17.8) 9.2 (24.4) 6.9
Income before income taxes 706.8 557.8 1,039.1 1,006.2
Income tax provision 109.0 79.7 161.6 143.2
Net income $ 597.8 $ 478.1 $ 877.5 $ 863.0
Net income per common share (Note1):        
Basic (in dollars per share) $ 0.75 $ 0.57 $ 1.09 $ 1.03
Diluted (in dollars per share) $ 0.72 $ 0.56 $ 1.05 $ 1.00
Weighted average shares (Note 1):        
Basic (in shares) 799.6 828.2 805.5 832.0
Diluted (in shares) 831.0 858.5 838.0 861.9