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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Revenue $ 7,574.4 $ 6,205.7 $ 4,162.8
Costs and expenses:      
Cost of sales 904.2 736.3 547.8
Research and development expenses 3,051.1 1,829.5 1,754.5
Selling, general and administrative expenses 840.1 770.5 658.5
Change in fair value of contingent consideration (3.1) 13.1 4.5
Total costs and expenses 4,792.3 3,349.4 2,965.3
Income from operations 2,782.1 2,856.3 1,197.5
Interest income 4.9 22.2 63.7
Interest expense (61.5) (58.2) (58.5)
Other income, net 4.9 296.6 192.2
Income before provision for income taxes 2,730.4 3,116.9 1,394.9
Provision for income taxes 388.3 405.2 218.1
Net income $ 2,342.1 $ 2,711.7 $ 1,176.8
Net income per common share:      
Basic ( in usd per share) $ 9.09 $ 10.44 $ 4.58
Diluted (in usd per share) $ 9.01 $ 10.29 $ 4.51
Shares used in per share calculations:      
Basic (in shares) 257.7 259.8 256.7
Diluted (in shares) 259.9 263.4 260.7
Product revenues, net      
Revenues:      
Revenue $ 7,573.4 $ 6,202.8 $ 4,160.7
Other revenues      
Revenues:      
Revenue $ 1.0 $ 2.9 $ 2.1