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Consolidated Statement of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Consolidated Statement of Comprehensive Income        
Total Revenue $ 8,220 $ 6,275 $ 15,540 $ 12,629
Product Sales 8,045 6,048 15,302 12,359
Collaboration Revenue 175 227 238 270
Cost of sales (2,191) (984) (4,055) (2,404)
Gross Profit 6,029 5,291 11,485 10,225
Distribution costs (103) (104) (202) (191)
Research and development expense (1,829) (1,389) (3,542) (2,777)
Selling, general and administrative costs (3,098) (2,635) (6,027) (5,354)
Other operating income and expense 128 121 1,308 601
Operating Profit 1,127 1,284 3,022 2,504
Finance income 7 22 27 73
Finance expense (326) (329) (629) (661)
Share of after-tax losses in associates and joint ventures (44) (16) (48) (20)
Profit Before Tax 764 961 2,372 1,896
Taxation (214) (223) (260) (408)
Profit for the period 550 738 2,112 1,488
Other comprehensive income:        
Remeasurement of the defined benefit pension liability 211 (645) 692 (205)
Net (losses)/gains on equity investments measured at fair value through other comprehensive income 81 898 (27) 1,069
Fair value movements related to own credit risk on bonds designated as fair value through profit or loss 1 (15) 2 6
Tax on items that will not be reclassified to profit or loss 146 (13) 52 (79)
Total other comprehensive income that will not be reclassified to profit or loss, net of tax 439 225 719 791
Foreign exchange arising on consolidation 166 114 59 (494)
Foreign exchange arising on designated borrowings in net investment hedges 72 363 (230) (17)
Fair value movements on cash flow hedges 27 56 (59) (131)
Fair value movements on cash flow hedges transferred to profit or loss (48) (46) 73 (1)
Fair value movements on derivatives designated in net investment hedges (6)   7 60
Costs of hedging (1) 9 (2) 4
Tax on items that may be reclassified subsequently to profit or loss (8) (44) 18 29
Other comprehensive income that may be reclassified to profit or loss, net of tax 202 452 (134) (550)
Other comprehensive income for the period, net of tax 641 677 585 241
Total comprehensive income for the period 1,191 1,415 2,697 1,729
Owners of the Parent 550 756 2,111 1,536
Non-controlling interests   (18) 1 (48)
Total comprehensive income attributable to:        
Owners of the Parent 1,190 1,432 2,696 1,777
Non-controlling interests 1 (17) 1 (48)
Total comprehensive income for the period $ 1,191 $ 1,415 $ 2,697 $ 1,729
Basic earnings loss per (in dollars per share) $ 0.42 $ 0.58 $ 1.61 $ 1.17
Diluted earnings loss per Share (in dollars per share) $ 0.42 $ 0.58 $ 1.60 $ 1.17
Weighted average number of Ordinary Shares in issue for basic earnings 1,312 1,312 1,312 1,312
Diluted weighted average number of Ordinary Shares in issue (millions) 1,318 1,313 1,319 1,313