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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Product, net $ 2,466.0 $ 2,198.6 $ 4,775.4 $ 4,370.9
Revenues from anti-CD20 therapeutic programs 349.2 337.5 678.7 668.1
Other 79.0 55.6 166.9 107.6
Total revenues 2,894.2 2,591.6 5,621.0 5,146.6
Cost and expenses:        
Cost of sales, excluding amortization of acquired intangible assets 370.3 286.1 683.3 598.6
Research and development 473.1 490.7 910.4 951.3
Selling, general and administrative 492.4 491.9 989.7 1,052.3
Amortization of acquired intangible assets 92.9 92.0 181.7 187.9
(Gain) loss on fair value remeasurement of contingent consideration 10.6 (2.2) 12.9 5.6
Restructuring charges 0.0 0.0 9.7 0.0
Collaboration profit (loss) sharing (5.6) 0.0 (5.6) 0.0
Total cost and expenses 1,433.7 1,358.5 2,782.1 2,795.6
Income from operations 1,460.5 1,233.1 2,838.9 2,351.0
Other income (expense), net (58.5) (10.9) (111.3) (25.9)
Income before income tax expense and equity in loss of investee, net of tax 1,402.0 1,222.2 2,727.6 2,325.1
Income tax expense 353.6 292.5 710.0 574.4
Equity in loss of investee, net of tax 0.0 4.9 0.0 5.7
Net income 1,048.4 924.8 2,017.6 1,745.0
Net income (loss) attributable to noncontrolling interests, net of tax (1.4) (2.5) (3.1) (4.8)
Net income attributable to Biogen Inc. $ 1,049.8 $ 927.3 $ 2,020.7 $ 1,749.8
Net income per share:        
Basic earnings per share attributable to Biogen Inc. $ 4.79 $ 3.94 $ 9.23 $ 7.44
Diluted earnings per share attributable to Biogen Inc. $ 4.79 $ 3.93 $ 9.21 $ 7.42
Weighted-average shares used in calculating:        
Basic earnings per share attributable to Biogen Inc. 219.1 235.3 219.0 235.1
Diluted earnings per share attributable to Biogen Inc. 219.4 235.7 219.3 235.7