Other Consolidated Financial Statement Detail (Tables)

6 Months Ended

Jun. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Other income (expense), net

Components of other income (expense), net, are summarized as follows:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
(In millions)	2016			2015			2016			2015
Interest income	$	15.4		$	4.3		$	26.6		$	7.6
Interest expense	(65.9		)	(5.8		)	(129.2		)	(12.5		)
Gain (loss) on investments, net	(2.7		)	0.3			(1.1		)	(1.4		)
Foreign exchange gains (losses), net	0.2			(1.5		)	2.3			(14.5		)
Other, net	(5.5		)	(8.2		)	(9.9		)	(5.1		)
Total other income (expense), net	$	(58.5	)	$	(10.9	)	$	(111.3	)	$	(25.9	)

Accrued expenses and other

Accrued expenses and other consists of the following:

(In millions)	As of June 30, 2016		As of December 31, 2015
Current portion of contingent consideration obligations and milestones	$	556.7	$	504.7
Revenue-related reserves for discounts and allowances	490.5		518.1
Employee compensation and benefits	228.4		270.8
Royalties and licensing fees	183.7		167.9
Other	613.4		635.3
Total accrued expenses and other	$	2,072.7	$	2,096.8