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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Total revenue $ 2,463.0 $ 2,531.8
Cost and expenses:    
Cost of sales, excluding amortization and impairment of acquired intangible assets 662.8 753.9
Research and development 570.6 551.7
Selling, general and administrative 605.0 634.9
Amortization and impairment of acquired intangible assets 50.2 66.9
Collaboration profit sharing/(loss reimbursement) 57.1 (117.3)
(Gain) loss on fair value remeasurement of contingent consideration 0.0 (7.1)
Restructuring charges 9.6 38.1
Other (income) expense, net 69.4 263.3
Total cost and expense 2,024.7 2,184.4
Income before income tax expense and equity in loss of investee, net of tax 438.3 347.4
Income tax (benefit) expense 50.7 125.6
Equity in (income) loss of investee, net of tax 0.0 3.3
Net income 387.6 218.5
Net income (loss) attributable to noncontrolling interests, net of tax (0.3) (85.3)
Net income attributable to Biogen Inc. $ 387.9 $ 303.8
Net income per share:    
Basic earnings per share attributable to Biogen Inc. $ 2.69 $ 2.06
Diluted earnings per share attributable to Biogen Inc. $ 2.67 $ 2.06
Weighted-average shares used in calculating:    
Basic earnings per share attributable to Biogen Inc. 144,400 147,100
Diluted earnings per share attributable to Biogen Inc. 145,200 147,600
Product, net    
Total revenue $ 1,763.3 $ 2,066.3
LEQEMBI Collaboration    
Total revenue (18.9) 0.0
Revenue from anti-CD20 therapeutic programs    
Total revenue 399.5 399.4
Contract manufacturing, royalty and other revenue    
Total revenue $ 319.1 $ 66.1