XML 46 R34.htm IDEA: XBRL DOCUMENT  v2.3.0.11
Fair Value Measurements (Tables)
6 Months Ended
Jun. 30, 2011
Fair Value Measurements [Abstract]  
Summary of Assets and Liabilities Recorded at Fair Value
 
                                 
                      Significant
 
    Balance as of
    Quoted Prices in
    Significant Other
    Unobservable
 
    June 30,
    Active Markets
    Observable Inputs
    Inputs
 
(In millions)   2011     (Level 1)     (Level 2)     (Level 3)  
 
Assets:
                               
Cash equivalents
  $ 440.6     $     $ 440.6     $  
Marketable debt securities:
                               
Corporate debt securities
    475.1             475.1        
Government securities
    1,095.4             1,095.4        
Mortgage and other asset backed securities
    242.3             242.3        
Strategic investments
    2.0       2.0              
Venture capital investments
    20.6                   20.6  
Derivative contracts
    0.5             0.5        
Plan assets for deferred compensation
    15.2             15.2        
                                 
Total
  $ 2,291.7     $ 2.0     $ 2,269.1     $ 20.6  
                                 
Liabilities:
                               
Derivative contracts
  $ 24.9     $     $ 24.9     $  
Acquisition-related contingent consideration
    84.6                   84.6  
                                 
Total
  $ 109.5     $     $ 24.9     $ 84.6  
                                 
 
                                 
                      Significant
 
    Balance as of
    Quoted Prices in
    Significant Other
    Unobservable
 
    December 31,
    Active Markets
    Observable Inputs
    Inputs
 
(In millions)   2010     (Level 1)     (Level 2)     (Level 3)  
 
Assets:
                               
Cash equivalents
  $ 651.8     $     $ 651.8     $  
Marketable debt securities:
                               
Corporate debt securities
    313.0             313.0        
Government securities
    785.3             785.3        
Mortgage and other asset backed securities
    92.9             92.9        
Strategic investments
    44.8       44.8              
Venture capital investments
    20.8                   20.8  
Derivative contracts
    1.3             1.3        
Plan assets for deferred compensation
    13.0             13.0        
                                 
Total
  $ 1,922.9     $ 44.8     $ 1,857.3     $ 20.8  
                                 
Liabilities:
                               
Derivative contracts
  $ 12.2     $     $ 12.2     $  
Acquisition-related contingent consideration
    81.2                   81.2  
                                 
Total
  $ 93.4     $     $ 12.2     $ 81.2  
                                 
Fair value of venture capital investments
 
                                 
    For the Three Months
    For the Six Months
 
    Ended June 30,     Ended June 30,  
(In millions)   2011     2010     2011     2010  
 
Beginning balance
  $ 20.5     $ 20.8     $ 20.8     $ 21.9  
Unrealized gains included in earnings
    0.1             0.7        
Unrealized losses included in earnings
    (0.3 )     (0.1 )     (1.3 )     (1.6 )
Purchases
    0.3       (0.3 )     0.4       0.1  
Issuances
                       
Settlements
                       
                                 
Ending balance
  $ 20.6     $ 20.4     $ 20.6     $ 20.4  
                                 
 
Summary of fair and carrying value of debt instruments
 
                                 
    As of June 30, 2011     As of December 31, 2010  
    Fair
    Carrying
    Fair
    Carrying
 
(In millions)   Value     Value     Value     Value  
 
Credit line from Dompé
  $ 4.3     $ 4.3     $ 8.1     $ 8.0  
Note payable to Fumedica
    24.4       21.7       24.2       22.0  
6.0% Senior Notes due 2013
    482.9       449.8       485.5       449.8  
6.875% Senior Notes due 2018
    639.4       595.1       618.0       597.9  
                                 
Total
  $ 1,151.0     $ 1,070.9     $ 1,135.8     $ 1,077.7