XML 88 R4.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenue:      
Net product sales $ 7,563.8us-gaap_SalesRevenueGoodsNet $ 6,362.3us-gaap_SalesRevenueGoodsNet $ 5,385.6us-gaap_SalesRevenueGoodsNet
Other revenue 106.6us-gaap_OtherSalesRevenueNet 131.6us-gaap_OtherSalesRevenueNet 121.1us-gaap_OtherSalesRevenueNet
Total revenue 7,670.4us-gaap_Revenues 6,493.9us-gaap_Revenues 5,506.7us-gaap_Revenues
Expenses:      
Cost of goods sold (excluding amortization of acquired intangible assets) 385.9us-gaap_CostOfGoodsSold 340.4us-gaap_CostOfGoodsSold 299.1us-gaap_CostOfGoodsSold
Research and development 2,430.6us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost 2,226.2us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost 1,724.2us-gaap_ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
Selling, general and administrative 2,027.9us-gaap_SellingGeneralAndAdministrativeExpense 1,684.5us-gaap_SellingGeneralAndAdministrativeExpense 1,373.5us-gaap_SellingGeneralAndAdministrativeExpense
Amortization of acquired intangible assets 258.3celg_AmortizationofIntangibleAssetsAcquired 262.8celg_AmortizationofIntangibleAssetsAcquired 194.5celg_AmortizationofIntangibleAssetsAcquired
Acquisition related charges, net 48.7us-gaap_BusinessCombinationAcquisitionRelatedCosts 171.1us-gaap_BusinessCombinationAcquisitionRelatedCosts 169.0us-gaap_BusinessCombinationAcquisitionRelatedCosts
Total costs and expenses 5,151.4us-gaap_CostsAndExpenses 4,685.0us-gaap_CostsAndExpenses 3,760.3us-gaap_CostsAndExpenses
Operating income 2,519.0us-gaap_OperatingIncomeLoss 1,808.9us-gaap_OperatingIncomeLoss 1,746.4us-gaap_OperatingIncomeLoss
Other income and (expense):      
Interest and investment income, net 28.2us-gaap_InvestmentIncomeInterestAndDividend 22.0us-gaap_InvestmentIncomeInterestAndDividend 15.3us-gaap_InvestmentIncomeInterestAndDividend
Interest (expense) (176.1)us-gaap_InterestExpense (91.6)us-gaap_InterestExpense (63.2)us-gaap_InterestExpense
Other income (expense), net (43.7)us-gaap_OtherNonoperatingIncomeExpense (73.9)us-gaap_OtherNonoperatingIncomeExpense (17.0)us-gaap_OtherNonoperatingIncomeExpense
Income before income taxes 2,327.4us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,665.4us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 1,681.5us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax provision 327.5us-gaap_IncomeTaxExpenseBenefit 215.5us-gaap_IncomeTaxExpenseBenefit 225.3us-gaap_IncomeTaxExpenseBenefit
Net income $ 1,999.9us-gaap_NetIncomeLoss $ 1,449.9us-gaap_NetIncomeLoss $ 1,456.2us-gaap_NetIncomeLoss
Net income per share (Note 1):      
Basic (in dollars per share) $ 2.49us-gaap_EarningsPerShareBasic $ 1.75us-gaap_EarningsPerShareBasic $ 1.69us-gaap_EarningsPerShareBasic
Diluted (in dollars per share) $ 2.39us-gaap_EarningsPerShareDiluted $ 1.68us-gaap_EarningsPerShareDiluted $ 1.65us-gaap_EarningsPerShareDiluted
Weighted average shares (Note 1):      
Basic (in shares) 802.7us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 827.7us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 861.9us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 836.0us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 860.6us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 881.6us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding