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Earnings per Share
3 Months Ended
Mar. 31, 2018
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
Basic and diluted earnings per share are calculated as follows:
 
For the Three Months
Ended March 31,
(In millions)
2018
 
2017
Numerator:
 
 
 
Net income attributable to Biogen Inc.
$
1,172.9

 
$
747.6

Denominator:
 
 
 
Weighted-average number of common shares outstanding
211.4

 
215.6

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

 

Time-vested restricted stock units
0.2

 
0.2

Market stock units
0.1

 
0.1

Performance stock units settled in stock

 

Dilutive potential common shares
0.3

 
0.3

Shares used in calculating diluted earnings per share
211.7

 
215.9


Amounts excluded from the calculation of net income per diluted share because their effects were anti-dilutive were insignificant.