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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2017
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
Basic and diluted earnings per share are calculated as follows:
 
For the Three Months
Ended June 30,
 
For the Six Months
Ended June 30,
(In millions)
2017
 
2016
 
2017
 
2016
Numerator:
 
 
 
 
 
 
 
Net income attributable to Biogen Inc.
$
862.8

 
$
1,049.8

 
$
1,610.4

 
$
2,020.7

Denominator:
 
 
 
 
 
 
 
Weighted-average number of common shares outstanding
211.9

 
219.1

 
213.7

 
219.0

Effect of dilutive securities:
 
 
 
 
 
 
 
Stock options and employee stock purchase plan
0.1

 
0.1

 

 
0.1

Time-vested restricted stock units
0.1

 
0.1

 
0.2

 
0.1

Market stock units
0.1

 
0.1

 
0.1

 
0.1

Dilutive potential common shares
0.3

 
0.3

 
0.3

 
0.3

Shares used in calculating diluted earnings per share
212.2

 
219.4

 
214.0

 
219.3