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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash flow from operating activities:      
Net income $ 1,632.2 $ 1,161.5 $ 2,961.6
Adjustments to reconcile net income to net cash flow from operating activities:      
Depreciation and amortization 673.2 494.8 518.4
Impairment of intangible assets 60.2 0.0 119.6
Excess and obsolescence charges related to inventory 101.9 124.4 336.2
Amortization of acquired inventory step-up 230.0 31.5 0.0
Share-based compensation 291.2 264.2 254.1
Contingent consideration 27.7 0.0 (209.1)
Deferred income taxes (158.1) (305.8) (168.6)
(Gain) loss on strategic investments 101.4 277.1 265.9
(Gain) loss on equity method investment 0.0 0.0 (2.6)
Gain on sale of equity interest in Samsung Bioepis 0.0 0.0 (1,505.4)
Gain on sale of building, net 0.0 0.0 (503.7)
Gain on sale of priority review voucher, net (88.6) 0.0 0.0
Other 159.6 148.2 208.2
Changes in operating assets and liabilities, net of effects of business acquired:      
Accounts receivable 222.3 61.3 (203.4)
Due from anti-CD20 therapeutic programs (28.1) (4.6) (19.0)
Inventory (273.8) (130.9) (320.2)
Accrued expense and other current liabilities 24.6 (201.6) (113.4)
Income tax assets and liabilities 78.5 (299.0) (142.3)
Other changes in operating assets and liabilities, net (178.7) (73.9) (92.0)
Net cash flow provided by (used in) operating activities 2,875.5 1,547.2 1,384.3
Cash flow from investing activities:      
Purchases of property, plant and equipment (153.7) (277.0) (240.3)
Proceeds from sales and maturities of marketable securities 0.0 7,380.8 3,671.0
Purchases of marketable securities 0.0 (5,140.7) (3,448.5)
Acquisition, net of cash acquired (1,074.8) (6,926.1)  
Proceeds from sale of equity interest in Samsung Bioepis 406.8 788.1 990.3
Proceeds from sale of building 0.0 0.0 582.6
Proceeds from sale of priority review voucher, net 88.6 0.0 0.0
Acquisitions of intangible assets (206.1) (34.4) (2.9)
Proceeds from sales of strategic investments 144.7 119.6 0.0
Other (4.7) (11.3) 24.4
Net cash flow provided by (used in) investing activities (799.2) (4,101.0) 1,576.6
Cash flow from financing activities:      
Purchase of treasury stock 0.0 0.0 (750.0)
Payments related to issuance of stock for share-based compensation arrangements, net (31.3) (44.3) (1.9)
Repayments of borrowings and premiums paid (650.0) (809.9) (1,002.2)
Proceeds from borrowings 0.0 997.2 0.0
Net (distribution) contribution to noncontrolling interest 0.0 12.3 12.4
Other (2.2) (6.0) (5.6)
Net cash flow provided by (used in) financing activities (683.5) 149.3 (1,747.3)
Net increase (decrease) in cash and cash equivalents 1,392.8 (2,404.5) 1,213.6
Effect of exchange rate changes on cash and cash equivalents (67.7) 35.1 (55.7)
Cash and cash equivalents, beginning of the year 1,049.9 3,419.3 2,261.4
Cash and cash equivalents, end of the year $ 2,375.0 $ 1,049.9 $ 3,419.3