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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenue:        
Net product sales $ 2,744.5 $ 2,254.1 $ 5,239.2 $ 4,309.3
Other revenue 9.8 23.7 26.7 49.3
Total revenue 2,754.3 2,277.8 5,265.9 4,358.6
Expenses:        
Cost of goods sold (excluding amortization of acquired intangible assets) 110.9 100.8 216.8 204.8
Research and development 948.7 1,110.0 1,681.9 1,616.0
Selling, general and administrative 732.1 616.8 1,275.1 1,146.0
Amortization of acquired intangible assets 174.8 63.7 266.6 127.3
Acquisition related charges and restructuring, net (35.9) (29.3) 0.3 (10.3)
Total costs and expenses 1,930.6 1,862.0 3,440.7 3,083.8
Operating income 823.7 415.8 1,825.2 1,274.8
Other income and (expense):        
Interest and investment income, net 7.2 8.8 14.0 17.8
Interest (expense) (123.3) (48.3) (245.2) (97.5)
Other income (expense), net (12.5) 94.5 22.7 102.8
Income before income taxes 695.1 470.8 1,616.7 1,297.9
Income tax provision 96.9 114.6 217.8 222.8
Net income $ 598.2 $ 356.2 $ 1,398.9 $ 1,075.1
Net income per common share:        
Basic (in dollars per share) $ 0.77 $ 0.45 $ 1.80 $ 1.35
Diluted (in dollars per share) $ 0.75 $ 0.43 $ 1.74 $ 1.30
Weighted average shares:        
Basic (in shares) 775.6 793.0 778.1 796.0
Diluted (in shares) 801.5 825.3 804.7 829.7