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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
Intangible assets, net of accumulated amortization, impairment charges and adjustments, are summarized as follows:
 
 
 
As of March 31, 2015
 
As of December 31, 2014
(In millions)
Estimated
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Out-licensed patents
13-23 years
 
$
543.3

 
$
(487.8
)
 
$
55.5

 
$
543.3

 
$
(481.7
)
 
$
61.6

Developed 
technology
15-23 years
 
3,005.3

 
(2,447.5
)
 
557.8

 
3,005.3

 
(2,396.8
)
 
608.5

In-process research and development
Indefinite until commercialization
 
726.1

 

 
726.1

 
314.1

 

 
314.1

Trademarks and 
tradenames
Indefinite
 
64.0

 

 
64.0

 
64.0

 

 
64.0

Acquired and in-licensed rights 
and patents
6-17 years
 
3,288.9

 
(339.2
)
 
2,949.7

 
3,280.4

 
(300.1
)
 
2,980.3

Total intangible assets
 
 
$
7,627.6

 
$
(3,274.5
)
 
$
4,353.1

 
$
7,207.1

 
$
(3,178.6
)
 
$
4,028.5

Estimated future amortization for acquired intangible assets
Based upon this recent analysis, the estimated future amortization for acquired intangible assets is expected to be as follows:
(In millions)
As of
March 31,
2015
2015 (remaining nine months)
$
269.0

2016
313.3

2017
286.1

2018
281.6

2019
270.4

2020
263.4

Total
$
1,683.8

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
March 31,
2015
Goodwill, beginning of period
$
1,760.2

Increase to goodwill
92.3

Other
(2.7
)
Goodwill, end of period
$
1,849.9