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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Total revenue $ 2,531.8 $ 2,694.0
Cost and expenses:    
Cost of sales, excluding amortization and impairment of acquired intangible assets 753.9 478.1
Research and development 551.7 514.2
Selling, general and administrative 634.9 595.0
Amortization and impairment of acquired intangible assets 66.9 98.1
Collaboration profit (loss) sharing (117.3) 68.5
(Gain) loss on fair value remeasurement of contingent consideration (7.1) (33.8)
Restructuring charges 38.1 0.0
Total cost and expense 1,921.1 1,720.1
Income from operations 610.7 973.9
Other income (expense), net (263.3) (506.9)
Income before income tax expense and equity in loss of investee, net of tax 347.4 467.0
Income tax (benefit) expense 125.6 44.2
Equity in (income) loss of investee, net of tax 3.3 18.2
Net income 218.5 404.6
Net income (loss) attributable to noncontrolling interests, net of tax (85.3) (5.6)
Net income attributable to Biogen Inc. $ 303.8 $ 410.2
Net income per share:    
Basic earnings per share attributable to Biogen Inc. $ 2.06 $ 2.70
Diluted earnings per share attributable to Biogen Inc. $ 2.06 $ 2.69
Weighted-average shares used in calculating:    
Basic earnings per share attributable to Biogen Inc. 147,100 151,900
Diluted earnings per share attributable to Biogen Inc. 147,600 152,300
Product, net    
Total revenue $ 2,066.3 $ 2,211.7
Revenue from anti-CD20 therapeutic programs    
Total revenue 399.4 389.0
Other    
Total revenue $ 66.1 $ 93.3