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Intangible Assets and Goodwill (Tables)
9 Months Ended
Sep. 30, 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 September 30, 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

 
$
(519.4
)
 
$
23.9

 
$
543.3

 
$
(506.0
)
 
$
37.3

Developed 
technology
15-23 years
 
3,005.3

 
(2,619.8
)
 
385.5

 
3,005.3

 
(2,552.9
)
 
452.4

In-process research and development
Indefinite until commercialization
 
679.7

 

 
679.7

 
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
 
3,420.2

 
(703.4
)
 
2,716.8

 
3,303.2

 
(502.3
)
 
2,800.9

Total intangible assets
 
 
$
7,712.5

 
$
(3,842.6
)
 
$
3,869.9

 
$
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 for the next five years is expected to be as follows:
(In millions)
As of
September 30,
2016
2016 (remaining three months)
$
92.8

2017
347.8

2018
321.4

2019
301.9

2020
265.6

2021
247.7

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
September 30,
2016
Goodwill, beginning of period
$
2,663.8

Increase to goodwill
771.3

Other
(15.4
)
Goodwill, end of period
$
3,419.7