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Intangible Assets and Goodwill (Tables)
6 Months Ended
Jun. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
Intangible assets, net of accumulated amortization, impairment charges and adjustments, are summarized as follows:
 
 
 
As of June 30, 2014
 
As of December 31, 2013
(In millions)
Estimated
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Out-licensed patents
13-23 years
 
$
543.3

 
$
(465.9
)
 
$
77.4

 
$
578.0

 
$
(450.8
)
 
$
127.2

Developed 
technology
15-23 years
 
3,005.3

 
(2,283.7
)
 
721.6

 
3,005.3

 
(2,165.4
)
 
839.9

In-process research and development
Indefinite until commercialization
 
330.9

 

 
330.9

 
327.4

 

 
327.4

Trademarks and 
tradenames
Indefinite
 
64.0

 

 
64.0

 
64.0

 

 
64.0

Acquired and in-licensed rights 
and patents
6-17 years
 
3,271.5

 
(216.0
)
 
3,055.5

 
3,240.0

 
(123.8
)
 
3,116.2

Total intangible assets
 
 
$
7,215.0

 
$
(2,965.6
)
 
$
4,249.4

 
$
7,214.7

 
$
(2,740.0
)
 
$
4,474.7

Estimated future amortization for acquired intangible assets
Based upon this recent analysis, the estimated future amortization for acquired intangible assets for the balance of 2014 and the next five years is expected to be as follows:
(In millions)
As of June 30, 2014
2014 (remaining six months)
$
217.2

2015
333.4

2016
318.8

2017
322.0

2018
323.1

2019
302.9

Total
$
1,817.4

Summary of roll forward of the changes in goodwill
The following table provides a roll forward of the changes in our goodwill balance:
(In millions)
As of
June 30,
2014
 
As of
December 31,
2013
Goodwill, beginning of period
$
1,232.9

 
$
1,201.3

Increase to goodwill
131.9

 
35.7

Other

 
(4.1
)
Goodwill, end of period
$
1,364.8

 
$
1,232.9