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Commitments and Contingencies (Tables)
12 Months Ended
Dec. 31, 2013
Commitments and Contingencies Disclosure [Abstract]  
Minimum rental commitments under non-cancelable leases
(In millions)
2014
 
2015
 
2016
 
2017
 
2018
 
Thereafter
 
Total
Minimum lease payments (1)
$
66.8

 
$
64.2

 
$
57.0

 
$
54.9

 
$
49.8

 
$
384.4

 
$
677.1

Less: income from subleases

 
(5.6
)
 
(6.0
)
 
(6.0
)
 
(6.3
)
 
(41.5
)
 
(65.4
)
Net minimum lease payments
$
66.8

 
$
58.6

 
$
51.0

 
$
48.9

 
$
43.5

 
$
342.9

 
$
611.7

(1)
Includes future minimum rental commitments related to leases executed for two office buildings in Cambridge, Massachusetts, which completed construction in July and November 2013. The leases both have 15 year terms and we have options to extend the term of each lease for two additional five-year terms. Future minimum rental commitments under these leases will total approximately $340.0 million over the initial 15 year lease terms.
As a result of our decision to relocate our corporate headquarters to Cambridge, Massachusetts, we vacated part of our Weston, Massachusetts facility in the fourth quarter of 2013. We incurred a charge of $27.2 million in connection with this move. This charge represents our remaining lease obligation for the vacated portion of our Weston facility, net of sublease income expected to be received. The term of our sublease to the vacated portion of our Weston facility started in January 2014 and will continue through the remaining term of our lease agreement.
For additional information related to these transactions, please read Note 11, Property, Plant and Equipment to these consolidated financial statements.
Schedule of milestone payments based on the attainment of certain sales levels
 
 
Cumulative Sales Level
Prior 12 Month Sales
 
$500M
 
$1.0B
 
$2.0B
 
$3.0B
 
Each additional $1.0B up to $20.0B
 
 
Payment Amount (In millions)
< $500 million
 
$

 
$

 
$

 
$

 
$

$500 million - $1.0 billion
 
22.0

 
25.0

 
50.0

 
50.0

 
50.0

$1.0 billion - $1.5 billion
 

 
50.0

 
100.0

 
100.0

 
100.0

$1.5 billion - $2.0 billion
 

 

 
150.0

 
150.0

 
150.0

$2.0 billion - $2.5 billion
 

 

 
200.0

 
200.0

 
200.0

$2.5 billion - $3.0 billion
 

 

 

 
250.0

 
250.0

> $3.0 billion
 

 

 

 

 
300.0