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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible assets
Intangible assets, net of accumulated amortization, impairment charges and adjustments, are summarized as follows:
 
 
 
As of March 31, 2018
 
As of December 31, 2017
(In millions)
Estimated
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Out-licensed patents
13-23 years
 
$
543.3

 
$
(537.8
)
 
$
5.5

 
$
543.3

 
$
(535.6
)
 
$
7.7

Developed 
technology
15-23 years
 
3,005.3

 
(2,700.5
)
 
304.8

 
3,005.3

 
(2,689.0
)
 
316.3

In-process research and development
Indefinite until commercialization
 
696.4

 

 
696.4

 
680.6

 

 
680.6

Trademarks and 
tradenames
Indefinite
 
64.0

 

 
64.0

 
64.0

 

 
64.0

Acquired and in-licensed rights 
and patents
4-18 years
 
3,974.7

 
(1,250.9
)
 
2,723.8

 
3,971.4

 
(1,160.4
)
 
2,811.0

Total intangible assets
 
 
$
8,283.7

 
$
(4,489.2
)
 
$
3,794.5

 
$
8,264.6

 
$
(4,385.0
)
 
$
3,879.6

Estimated future amortization for acquired intangible assets
Based upon this analysis, the estimated future amortization of acquired intangible assets for the next five years is expected to be as follows:
(In millions)
As of
March 31,
2018
2018 (remaining nine months)
$
330.7

2019
402.6

2020
379.5

2021
255.0

2022
242.2

2023
211.2

Summary of roll forward of the changes in goodwill
The following table provides a roll forward of the changes in our goodwill balance:
(In millions)
As of
March 31,
2018
Goodwill, beginning of period
$
4,632.5

Increase to goodwill
270.5

Other
4.8

Goodwill, end of period
$
4,907.8