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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net income $ 3,695.7 $ 3,593.2 $ 2,941.6
Adjustments to reconcile net income to net cash flows from operating activities:      
Depreciation and amortization 682.7 600.4 688.1
Share-based compensation 154.8 161.4 155.3
Deferred income taxes (175.0) (145.6) (308.2)
Other 91.2 82.2 (50.3)
Changes in operating assets and liabilities, net:      
Accounts receivable (241.4) 29.0 (512.4)
Due from anti-CD20 therapeutic programs 13.9 (31.1) (30.7)
Inventory (165.6) (174.4) (185.9)
Other assets 59.1 (127.0) (108.7)
Accrued expenses and other current liabilities 570.1 74.2 244.3
Income tax assets and liabilities (232.6) (429.4) 40.3
Other liabilities 69.5 83.2 68.7
Net cash flows provided by operating activities 4,522.4 3,716.1 2,942.1
Cash flows from investing activities:      
Proceeds from sales and maturities of marketable securities 7,378.9 4,063.0 2,718.9
Purchases of marketable securities (7,913.2) (6,864.9) (3,583.1)
Contingent consideration related to Fumapharm AG acquisition (1,200.0) (850.0) (375.0)
Acquisitions of businesses, net of cash acquired 0.0 (198.8) 0.0
Purchases of property, plant and equipment (616.1) (643.0) (287.8)
Acquisitions of intangible assets (111.6) (15.4) (28.2)
Other (22.8) (44.5) 12.2
Net cash flows used in investing activities (2,484.8) (4,553.6) (1,543.0)
Cash flows from financing activities:      
Purchases of treasury stock (1,000.0) (5,000.0) (886.8)
Proceeds from issuance of stock for share-based compensation arrangements 43.7 54.2 54.9
Proceeds from borrowings 0.0 5,930.5 0.0
Repayments of borrowings (2.7) (2.1) (2.7)
Excess tax benefit from share-based compensation 12.6 78.2 96.4
Contingent consideration payments (38.6) (13.1) (20.5)
Other (2.8) (61.3) 2.8
Net cash flows provided by (used in) financing activities (987.8) 986.4 (755.9)
Net increase in cash and cash equivalents 1,049.8 148.9 643.2
Effect of exchange rate changes on cash and cash equivalents (31.3) (45.8) (40.9)
Cash and cash equivalents, beginning of the year 1,308.0 1,204.9 602.6
Cash and cash equivalents, end of the year $ 2,326.5 $ 1,308.0 $ 1,204.9