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Earnings per Share (Tables)
12 Months Ended
Dec. 31, 2011
Earnings per Share [Abstract]  
Basic and diluted earnings per share
                         
    For the Years Ended December 31,  

(In millions)

  2011     2010     2009  

Numerator:

                       

Net income attributable to Biogen Idec Inc.

  $ 1,234.4     $ 1,005.3     $ 970.1  

Adjustment for net income allocable to preferred stock

    (0.5     (2.0     (1.7
   

 

 

   

 

 

   

 

 

 

Net income used in calculating basic and diluted earnings per share

  $ 1,233.9     $ 1,003.3     $ 968.4  
   

 

 

   

 

 

   

 

 

 

Denominator:

                       

Weighted average number of common shares outstanding

    242.4       252.3       287.4  

Effect of dilutive securities:

                       

Stock options and employee stock purchase plan

    1.0       0.9       0.6  

Time-vested restricted stock units

    1.3       1.6       1.4  

Market stock units

    0.3       0.1        

Performance-vested restricted stock units settled in shares

                0.1  
   

 

 

   

 

 

   

 

 

 

Dilutive potential common shares

    2.6       2.6       2.1  
   

 

 

   

 

 

   

 

 

 

Shares used in calculating diluted earnings per share

    245.0       254.9       289.5  
   

 

 

   

 

 

   

 

 

 
Anti dilutive securities excluded from computation of dilutive earnings per share
                         
    For the Years Ended December 31,  

(In millions)

     2011           2010           2009     

Numerator:

                       

Net income allocable to preferred stock

  $   0.5     $   2.0     $ 1.7  
   

 

 

   

 

 

   

 

 

 

Denominator:

                       

Stock options

          4.6       8.5  

Time-vested restricted stock units

          0.1       2.1  

Market stock units

                 

Performance-vested restricted stock units settled in shares

                0.2  

Convertible preferred stock

    0.1       0.5       0.5  
   

 

 

   

 

 

   

 

 

 

Total

    0.1       5.2       11.3