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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Product, net $ 2,539.6 $ 2,391.7 $ 7,315.0 $ 6,762.6
Revenues from anti-CD20 therapeutic programs 317.6 337.2 996.3 1,005.3
Other 98.6 49.0 265.5 156.6
Total revenues 2,955.8 2,777.9 8,576.8 7,924.5
Cost and expenses:        
Cost of sales, excluding amortization of acquired intangible assets 416.9 310.0 1,100.2 908.6
Research and development 529.0 519.9 1,439.4 1,471.1
Selling, general and administrative 462.7 477.8 1,452.4 1,530.1
Amortization of acquired intangible assets 99.7 98.1 281.4 286.0
Restructuring charges 11.6 0.0 21.3 0.0
(Gain) loss on fair value remeasurement of contingent consideration 5.9 0.2 18.8 5.9
Collaboration profit (loss) sharing 4.7 0.0 (0.9) 0.0
Total cost and expenses 1,530.5 1,406.0 4,312.6 4,201.7
Income from operations 1,425.3 1,371.8 4,264.2 3,722.8
Other income (expense), net (58.1) (15.4) (169.4) (41.3)
Income before income tax expense and equity in loss of investee, net of tax 1,367.2 1,356.4 4,094.8 3,681.5
Income tax expense 337.0 330.1 1,047.0 904.5
Equity in loss of investee, net of tax 0.0 6.8 0.0 12.5
Net income 1,030.2 1,019.5 3,047.8 2,764.5
Net income (loss) attributable to noncontrolling interests, net of tax (2.7) 53.9 (5.8) 49.1
Net income attributable to Biogen Inc. $ 1,032.9 $ 965.6 $ 3,053.6 $ 2,715.4
Net income per share:        
Basic earnings per share attributable to Biogen Inc. $ 4.72 $ 4.16 $ 13.95 $ 11.60
Diluted earnings per share attributable to Biogen Inc. $ 4.71 $ 4.15 $ 13.92 $ 11.57
Weighted-average shares used in calculating:        
Basic earnings per share attributable to Biogen Inc. 218.9 232.2 219.0 234.1
Diluted earnings per share attributable to Biogen Inc. 219.4 232.6 219.4 234.7