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Other Consolidated Financial Statement Detail
 6 Months Ended
Jun. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Other Consolidated Financial Statement Detail
Other Consolidated Financial Statement Detail
Other Income (Expense), Net
Components of other income (expense), net, are summarized as follows:
 
For the Three Months
Ended June 30,
 
For the Six Months
Ended June 30,
(In millions)
2014
 
2013
 
2014
 
2013
Interest income
$
2.4

 
$
0.9

 
$
5.1

 
$
5.2

Interest expense
(7.1
)
 
(7.3
)
 
(14.7
)
 
(18.9
)
Impairments of investments
—

 
(1.4
)
 
—

 
(1.7
)
Gain (loss) on investments, net
13.6

 
5.7

 
16.6

 
10.1

Foreign exchange gains (losses), net
(1.4
)
 
(5.3
)
 
(4.7
)
 
(7.9
)
Other, net
(2.6
)
 
(3.0
)
 
(3.0
)
 
(11.7
)
Total other income (expense), net
$
4.9

 
$
(10.4
)
 
$
(0.7
)
 
$
(24.9
)

Accrued Expenses and Other
Accrued expenses and other consists of the following:
(In millions)
As of
June 30,
2014
 
As of
December 31,
2013
Revenue-related rebates
$
321.1

 
$
264.9

Employee compensation and benefits
274.1

 
343.4

Royalties and licensing fees
190.0

 
160.7

Current portion of contingent consideration obligations
185.7

 
29.0

Deferred revenue
145.0

 
172.7

Clinical development expenses
62.5

 
55.2

Collaboration expenses
37.7

 
18.7

Construction in progress accrual
15.7

 
25.0

Other
263.7

 
285.6

Total accrued expenses and other
$
1,495.5

 
$
1,355.2


Other Long-Term Liabilities
Other long-term liabilities includes long-term taxes payable totaling approximately $198.5 million.