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Intangible Assets and Goodwill (Tables)
3 Months Ended
Mar. 31, 2019
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, 2019
 
As of December 31, 2018
(In millions)
Estimated
Life
 
Cost
 
Accumulated
Amortization
 
Net
 
Cost
 
Accumulated
Amortization
 
Net
Out-licensed patents
13-23 years
 
$
543.3

 
$
(542.4
)
 
$
0.9

 
$
543.3

 
$
(542.3
)
 
$
1.0

Developed 
technology
15-23 years
 
3,005.3

 
(2,744.1
)
 
261.2

 
3,005.3

 
(2,734.8
)
 
270.5

In-process research and development
Indefinite until commercialization
 
480.5

 

 
480.5

 
476.0

 

 
476.0

Trademarks and 
tradenames
Indefinite
 
64.0

 

 
64.0

 
64.0

 

 
64.0

Acquired and in-licensed rights 
and patents
4-18 years
 
3,638.7

 
(1,389.1
)
 
2,249.6

 
3,638.7

 
(1,330.2
)
 
2,308.5

Total intangible assets
 
 
$
7,731.8

 
$
(4,675.6
)
 
$
3,056.2

 
$
7,727.3

 
$
(4,607.3
)
 
$
3,120.0

Estimated future amortization for acquired intangible assets
Based upon this most recent 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,
2019
2019 (remaining nine months)
$
200.0

2020
290.0

2021
250.0

2022
250.0

2023
230.0

2024
190.0

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,
2019
Goodwill, beginning of period
$
5,706.4

Reclassification of goodwill to assets held for sale
(69.5
)
Other
2.8

Goodwill, end of period
$
5,639.7