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Intangible Assets and Goodwill (Tables)
6 Months Ended
Jun. 30, 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 June 30, 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

 
(2,754.1
)
 
251.2

 
3,005.3

 
(2,734.8
)
 
270.5

In-process research and development
Indefinite until commercialization
 
1,175.6

 

 
1,175.6

 
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

 
(1,449.1
)
 
2,189.6

 
3,638.7

 
(1,330.2
)
 
2,308.5

Total intangible assets
 
 
$
8,426.9

 
$
(4,745.6
)
 
$
3,681.3

 
$
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
June 30,
2019
2019 (remaining six months)
$
130.0

2020
255.0

2021
215.0

2022
215.0

2023
220.0

2024
210.0


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
June 30,
2019
Goodwill, beginning of period
$
5,706.4

Increase to goodwill
112.6

Reclassification of goodwill to assets held for sale
(69.5
)
Other
(0.3
)
Goodwill, end of period
$
5,749.2