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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Basic and diluted earnings per share
Basic and diluted earnings per share are calculated as follows:
 
For the Years Ended December 31,
(In millions)
2019
 
2018
 
2017
Numerator:
 
 
 
 
 
Net income attributable to Biogen Inc.
$
5,888.5

 
$
4,430.7

 
$
2,539.1

Denominator:
 
 
 
 
 
Weighted average number of common shares outstanding
187.1

 
204.9

 
212.6

Effect of dilutive securities:
 
 
 
 
 
Stock options and employee stock purchase plan

 

 
0.1

Time-vested restricted stock units
0.2

 
0.3

 
0.2

Market stock units
0.1

 
0.1

 
0.1

Performance stock units settled in stock

 

 

Dilutive potential common shares
0.3

 
0.4

 
0.4

Shares used in calculating diluted earnings per share
187.4

 
205.3

 
213.0