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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 1,074.4 $ 1,049.9
Inventory 2,516.8 2,527.4
Other current assets 1,165.3 1,182.0
Total current assets 6,756.2 6,859.3
Property, plant and equipment, net 3,275.3 3,309.7
Operating lease assets 428.1 420.0
Intangible assets, net 8,284.7 8,363.0
Goodwill 6,227.4 6,219.2
Deferred tax asset 898.3 928.6
Investments and other assets 697.6 745.0
Total assets 26,567.6 26,844.8
Current liabilities:    
Current portion of term loan 250.0 150.0
Taxes payable 231.2 257.4
Accounts payable 387.0 403.3
Accrued expense and other 2,354.6 2,623.6
Total current liabilities 3,222.8 3,434.3
Notes payable and term loan 6,290.1 6,788.2
Deferred tax liability 658.1 641.8
Long-term operating lease liabilities 406.5 400.0
Other long-term liabilities 777.1 781.1
Total liabilities 11,354.6 12,045.4
Commitments, contingencies and guarantees
Biogen Inc. shareholders’ equity:    
Preferred stock, par value $0.000 per share 0.0 0.0
Common stock, par value $— per share 0.1 0.1
Additional paid-in capital 329.5 302.5
Accumulated other comprehensive income (loss) (160.5) (153.7)
Retained earnings 18,021.0 17,627.6
Treasury stock, at cost (2,977.1) (2,977.1)
Total equity 15,213.0 14,799.4
Total liabilities and equity 26,567.6 26,844.8
Nonrelated Party    
Current assets:    
Accounts receivable, net of allowance for doubtful accounts of $2.2 and $2.4, respectively 1,604.5 1,664.1
Related Party    
Current assets:    
Accounts receivable, net of allowance for doubtful accounts of $2.2 and $2.4, respectively $ 395.2 $ 435.9