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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2016
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, 2016
 
As of December 31, 2015
(In millions)
Estimated
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Out-licensed patents
13-23 years
 
$
543.3

 
$
(510.5
)
 
$
32.8

 
$
543.3

 
$
(506.0
)
 
$
37.3

Developed 
technology
15-23 years
 
3,005.3

 
(2,578.1
)
 
427.2

 
3,005.3

 
(2,552.9
)
 
452.4

In-process research and development
Indefinite until commercialization
 
718.5

 

 
718.5

 
730.5

 

 
730.5

Trademarks and 
tradenames
Indefinite
 
64.0

 

 
64.0

 
64.0

 

 
64.0

Acquired and in-licensed rights 
and patents
6-18 years
 
3,331.1

 
(561.4
)
 
2,769.7

 
3,303.2

 
(502.3
)
 
2,800.9

Total intangible assets
 
 
$
7,662.2

 
$
(3,650.0
)
 
$
4,012.2

 
$
7,646.3

 
$
(3,561.2
)
 
$
4,085.1

Estimated future amortization for acquired intangible assets
Based upon this analysis, the estimated future amortization of acquired intangible assets is expected to be as follows:
(In millions)
As of
March 31,
2016
2016 (remaining nine months)
$
265.3

2017
321.0

2018
293.6

2019
277.6

2020
271.6

2021
259.3

Total
$
1,688.4

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
March 31,
2016
Goodwill, beginning of year
$
2,663.8

Increase to goodwill
257.8

Other
(3.7
)
Goodwill, end of year
$
2,917.9