Other Consolidated Financial Statement Detail (Tables)

6 Months Ended

Jun. 30, 2017

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Other income (expense), net

Components of other income (expense), net, are summarized as follows:

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
(In millions)	2017			2016			2017			2016
Interest income	$	16.9		$	15.4		$	33.6		$	26.6
Interest expense	(63.6		)	(65.9		)	(127.0		)	(129.2		)
Gain (loss) on investments, net	(13.4		)	(2.7		)	(11.0		)	(1.1		)
Foreign exchange gains (losses), net	(2.3		)	0.2			1.7			2.3
Other, net	(5.8		)	(5.5		)	(3.1		)	(9.9		)
Total other income (expense), net	$	(68.2	)	$	(58.5	)	$	(105.8	)	$	(111.3	)

Accrued expenses and other

Accrued expenses and other consists of the following:

(In millions)	As of June 30, 2017		As of December 31, 2016
Current portion of contingent consideration obligations and milestones	$	580.7	$	580.8
Revenue-related reserves for discounts and allowances	533.3		438.6
Royalties and licensing fees	195.8		195.8
Collaboration expenses	188.0		130.9
Employee compensation and benefits	186.6		282.9
Construction in progress	161.3		134.0
Accrued TECFIDERA litigation settlement and license charges	—		454.8
Other	591.2		685.7
Total accrued expenses and other	$	2,436.9	$	2,903.5