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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues:    
Product, net $ 2,523.5 $ 2,380.1
Revenues from anti-CD20 therapeutic programs 443.2 340.6
Other 164.4 90.0
Total revenues 3,131.1 2,810.7
Cost and expenses:    
Cost of sales, excluding amortization of acquired intangible assets 446.0 384.6
Research and development 496.7 423.4
Selling, general and administrative 501.3 498.7
Amortization of acquired intangible assets 103.9 448.5
Collaboration profit (loss) sharing 42.5 20.8
Acquired in-process research and development 10.0 0.0
(Gain) loss on fair value remeasurement of contingent consideration (5.6) 10.0
Restructuring charges 1.6 0.0
Total cost and expenses 1,596.4 1,786.0
Income from operations 1,534.7 1,024.7
Other income (expense), net (41.0) (38.0)
Income before income tax expense and equity in loss of investee, net of tax 1,493.7 986.7
Income tax expense 322.5 239.2
Equity in loss of investee, net of tax 0.0 0.0
Net income 1,171.2 747.5
Net income (loss) attributable to noncontrolling interests, net of tax (1.7) (0.1)
Net income attributable to Biogen Inc. $ 1,172.9 $ 747.6
Net income per share:    
Basic earnings per share attributable to Biogen Inc. $ 5.55 $ 3.47
Diluted earnings per share attributable to Biogen Inc. $ 5.54 $ 3.46
Weighted-average shares used in calculating:    
Basic earnings per share attributable to Biogen Inc. 211.4 215.6
Diluted earnings per share attributable to Biogen Inc. 211.7 215.9