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Other Consolidated Financial Statement Detail
9 Months Ended
Sep. 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 September 30,
 
For the Nine Months
Ended September 30,
(In millions)
2014
 
2013
 
2014
 
2013
Interest income
$
3.6

 
$
1.5

 
$
8.7

 
$
6.7

Interest expense
(7.4
)
 
(6.6
)
 
(22.1
)
 
(25.5
)
Impairments of investments

 

 

 
(1.7
)
Gain (loss) on investments, net
(3.1
)
 
3.9

 
13.5

 
14.0

Foreign exchange gains (losses), net
(4.8
)
 
(3.1
)
 
(9.5
)
 
(11.0
)
Other, net
(4.6
)
 
(0.3
)
 
(7.6
)
 
(12.0
)
Total other income (expense), net
$
(16.3
)
 
$
(4.6
)
 
$
(17.0
)
 
$
(29.5
)

Accrued Expenses and Other
Accrued expenses and other consists of the following:
(In millions)
As of
September 30,
2014
 
As of
December 31,
2013
Revenue-related rebates
$
329.2

 
$
264.9

Employee compensation and benefits
323.3

 
343.4

Current portion of contingent consideration obligations
219.3

 
29.0

Royalties and licensing fees
173.0

 
160.7

Deferred revenue
110.0

 
172.7

Clinical development expenses
61.1

 
55.2

Collaboration expenses
31.0

 
18.7

Construction in progress accrual
21.1

 
25.0

Other
276.2

 
285.6

Total accrued expenses and other
$
1,544.2

 
$
1,355.2


Other Long-Term Liabilities
Other long-term liabilities includes long-term taxes payable totaling approximately $187.7 million and long-term employee compensation and benefits of $178.1 million.