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Revenues Revenues (Tables)
3 Months Ended
Mar. 31, 2018
Revenue from Contract with Customer [Abstract]  
Revenues by product
Revenues by product are summarized as follows:
 
For the Three Months
Ended March 31,
(In millions)
2018
 
2017
 
United
States
 
Rest of
World
 
Total
 
United
States
 
Rest of
World
 
Total
Multiple Sclerosis:
 
 
 
 
 
 
 
 
 
 
 
TECFIDERA
$
728.9

 
$
258.0

 
$
986.9

 
$
751.1

 
$
207.1

 
$
958.2

Interferon*
371.4

 
178.9

 
550.3

 
464.8

 
183.5

 
648.3

TYSABRI
249.7

 
212.4

 
462.1

 
305.5

 
239.5

 
545.0

FAMPYRA

 
24.4

 
24.4

 

 
20.5

 
20.5

ZINBRYTA

 
1.4

 
1.4

 

 
10.7

 
10.7

Spinal Muscular Atrophy:
 
 
 
 

 
 
 
 
 

SPINRAZA
188.0

 
175.9

 
363.9

 
46.4

 
1.0

 
47.4

Hemophilia:
 
 
 
 

 
 
 
 
 

ELOCTATE

 

 

 
42.2

 
6.2

 
48.4

ALPROLIX

 

 

 
21.0

 
5.0

 
26.0

Other Product Revenues:
 
 
 
 

 
 
 
 
 

FUMADERM

 
7.0

 
7.0

 

 
9.7

 
9.7

BENEPALI

 
120.9

 
120.9

 

 
65.3

 
65.3

FLIXABI

 
6.6

 
6.6

 

 
0.6

 
0.6

Total product revenues
$
1,538.0

 
$
985.5

 
$
2,523.5

 
$
1,631.0

 
$
749.1

 
$
2,380.1

*Interferon includes AVONEX and PLEGRIDY
Analysis of change In reserves
An analysis of the change in reserves for discounts and allowances is summarized as follows:
(In millions)
Discounts
 
Contractual
Adjustments
 
Returns
 
Total
Balance, as of December 31, 2017
$
109.6

 
$
606.0

 
$
46.0

 
$
761.6

Current provisions relating to sales in current year
159.4

 
641.2

 
5.8

 
806.4

Adjustments relating to prior years
1.2

 
2.0

 
0.3

 
3.5

Payments/credits relating to sales in current year
(71.7
)
 
(227.7
)
 
(0.3
)
 
(299.7
)
Payments/credits relating to sales in prior years
(77.4
)
 
(326.4
)
 
(8.7
)
 
(412.5
)
Balance, as of March 31, 2018
$
121.1

 
$
695.1

 
$
43.1

 
$
859.3

Total reserves included in consolidated balance sheets
The total reserves above, which are included in our condensed consolidated balance sheets, are summarized as follows:
(In millions)
As of
March 31,
2018
 
As of
December 31,
2017
Reduction of accounts receivable
$
201.8

 
$
189.6

Component of accrued expenses and other
657.5

 
572.0

Total reserves
$
859.3

 
$
761.6

Revenues from anti-CD20 therapeutic programs
Revenues from anti-CD20 therapeutic programs are summarized as follows:
 
For the Three Months
Ended March 31,
(In millions)
2018
 
2017
Biogen’s share of pre-tax profits in the U.S. for RITUXAN and GAZYVA
$
349.6

 
$
323.5

Other revenues from anti-CD20 therapeutic programs
93.6

 
17.1

Total revenues from anti-CD20 therapeutic programs
$
443.2

 
$
340.6

Other revenues
Other revenues are summarized as follows:
 
For the Three Months
Ended March 31,
(In millions)
2018
 
2017
Revenues from collaborative and other relationships:
 
 
 
AbbVie
$
(4.7
)
 
$
(5.9
)
Samsung Bioepis and other
17.9

 
12.2

Other royalty and corporate revenues:
 
 
 
Royalty
10.6

 
25.5

Other corporate
140.6

 
58.2

Total other revenues
$
164.4

 
$
90.0