XML 15 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenues:        
Product sales $ 3,533.8 $ 3,315.4 $ 10,537.9 $ 7,264.8
Royalties and other revenues 163.8 136.7 477.8 325.7
Total revenues 3,697.6 3,452.1 11,015.7 7,590.5
Costs and expenses:        
Cost of sales 1,001.4 1,736.2 3,437.3 2,762.9
Research and development 402.8 511.1 1,324.5 1,023.0
Selling, general and administrative 859.7 875.6 2,647.7 2,025.8
Amortization of acquired intangible assets 482.4 354.9 1,280.5 702.5
Integration and acquisition costs 237.0 284.5 696.7 738.6
Reorganization costs 5.4 101.4 24.5 115.7
Loss/(gain) on sale of product rights 0.3 (5.7) (0.4) (12.2)
Total operating expenses 2,989.0 3,858.0 9,410.8 7,356.3
Operating income/(loss) from continuing operations 708.6 (405.9) 1,604.9 234.2
Interest income 1.5 9.3 5.7 11.9
Interest expense (141.8) (186.9) (425.4) (318.8)
Other (expense)/income, net (0.2) (13.7) 6.8 (16.2)
Total other expense, net (140.5) (191.3) (412.9) (323.1)
Income/(loss) from continuing operations before income taxes and equity in (losses)/earnings of equity method investees 568.1 (597.2) 1,192.0 (88.9)
Income taxes (13.5) 229.6 (44.6) 218.4
Equity in (losses)/earnings of equity method investees, net of taxes (3.4) (0.9) 0.1 (1.9)
Income/(loss) from continuing operations, net of taxes 551.2 (368.5) 1,147.5 127.6
(Loss)/gain from discontinued operations, net of taxes (0.4) (18.3) 18.6 (257.5)
Net income/(loss) $ 550.8 $ (386.8) $ 1,166.1 $ (129.9)
Earnings/(loss) per Ordinary Share – basic        
Earnings/(loss) from continuing operations (in usd per share) $ 0.61 $ (0.41) $ 1.27 $ 0.18
(Loss)/gain from discontinued operations (in usd per share) 0.00 (0.02) 0.02 (0.36)
Earnings/(loss) per Ordinary Share - basic (in usd per share) 0.61 (0.43) 1.29 (0.18)
Earnings/(loss) per Ordinary Share – diluted        
Earnings/(loss) from continuing operations (in usd per share) 0.60 (0.41) 1.26 0.18
(Loss)/earnings from discontinued operations (in usd per share) 0.00 (0.02) 0.02 (0.36)
Earnings/(loss) per Ordinary Share - diluted (in usd per share) $ 0.60 $ (0.43) $ 1.28 $ (0.18)
Weighted average number of shares:        
Basic (in shares) 907.2 900.2 905.9 725.5
Diluted (in shares) 911.6 900.2 912.1 725.5