Other Consolidated Financial Statement Detail (Tables)

9 Months Ended

Sep. 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 September 30,						For the Nine Months Ended September 30,
(In millions)	2017			2016			2017			2016
Interest income	$	20.6		$	16.4		$	54.2		$	43.0
Interest expense	(61.8		)	(66.0		)	(188.8		)	(195.2		)
Gain (loss) on investments, net	(4.0		)	0.8			(15.0		)	(0.3		)
Foreign exchange gains (losses), net	6.7			(4.9		)	8.4			(2.6		)
Other, net	(5.1		)	(4.4		)	(8.2		)	(14.3		)
Total other income (expense), net	$	(43.6	)	$	(58.1	)	$	(149.4	)	$	(169.4	)

Accrued expenses and other

Accrued expenses and other consists of the following:

(In millions)	As of September 30, 2017		As of December 31, 2016
Current portion of contingent consideration obligations and milestones	$	611.5	$	580.8
Revenue-related reserves for discounts and allowances	467.2		438.6
Employee compensation and benefits	241.9		282.9
Collaboration expenses	180.1		130.9
Royalties and licensing fees	190.8		195.8
Construction in progress	157.6		134.0
Accrued TECFIDERA litigation settlement and license charges	—		454.8
Other	606.1		685.7
Total accrued expenses and other	$	2,455.2	$	2,903.5