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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2017
Mar. 31, 2016
Revenues:    
Product, net $ 2,380.1 $ 2,309.4
Revenues from anti-CD20 therapeutic programs 340.6 329.5
Other 90.0 87.9
Total revenues 2,810.7 2,726.8
Cost and expenses:    
Cost of sales, excluding amortization of acquired intangible assets 384.6 313.0
Research and development 423.4 437.3
Selling, general and administrative 499.1 497.3
Amortization of acquired intangible assets 448.5 88.8
Collaboration profit (loss) sharing 20.8 0.0
(Gain) loss on fair value remeasurement of contingent consideration 10.0 2.3
Restructuring charges 0.0 9.7
Total cost and expenses 1,786.4 1,348.4
Income from operations 1,024.3 1,378.4
Other income (expense), net (37.6) (52.8)
Income before income tax expense and equity in loss of investee, net of tax 986.7 1,325.6
Income tax expense 239.2 356.4
Equity in loss of investee, net of tax 0.0 0.0
Net income 747.5 969.2
Net income (loss) attributable to noncontrolling interests, net of tax (0.1) (1.7)
Net income attributable to Biogen Inc. $ 747.6 $ 970.9
Net income per share:    
Basic earnings per share attributable to Biogen Inc. $ 3.47 $ 4.44
Diluted earnings per share attributable to Biogen Inc. $ 3.46 $ 4.43
Weighted-average shares used in calculating:    
Basic earnings per share attributable to Biogen Inc. 215.6 218.9
Diluted earnings per share attributable to Biogen Inc. 215.9 219.3