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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Income Statement [Abstract]        
Product revenues, net $ 2,483.5 $ 2,334.3 $ 7,351.5 $ 6,628.0
Costs and expenses:        
Cost of sales 318.7 289.4 894.2 797.0
Research and development expenses 810.0 645.0 2,338.3 1,846.2
Acquired in-process research and development expenses 51.7 29.0 509.3 92.9
Selling, general and administrative expenses 263.8 246.8 767.5 677.3
Change in fair value of contingent consideration 1.2 (2.6) (1.3) (59.3)
Total costs and expenses 1,445.4 1,207.6 4,508.0 3,354.1
Income from operations 1,038.1 1,126.7 2,843.5 3,273.9
Interest income 167.9 46.2 435.2 58.6
Interest expense (10.9) (13.7) (33.5) (43.2)
Other (expense) income, net (15.9) 17.2 (13.0) (133.7)
Income before provision for income taxes 1,179.2 1,176.4 3,232.2 3,155.6
Provision for income taxes 143.9 245.9 581.4 652.5
Net income $ 1,035.3 $ 930.5 $ 2,650.8 $ 2,503.1
Net income per common share:        
Basic (in dollars per share) $ 4.01 $ 3.63 $ 10.29 $ 9.78
Diluted (in dollars per share) $ 3.97 $ 3.59 $ 10.18 $ 9.68
Shares used in per share calculations:        
Basic (in shares) 258.0 256.5 257.7 255.8
Diluted (in shares) 260.6 259.5 260.4 258.7