Business Combinations (Tables)

3 Months Ended

Mar. 31, 2016

Business Acquisition [Line Items]

Business Acquisition, Pro Forma Information

	3 Months Ended March 31,
	2016	2015
	$’M	$’M
	_______________	_______________
Revenues	1,715.3	1,508.8
Net income from continuing operations	401.6	279.0
	_______________	_______________
Per share amounts:
Net income from continuing operations per share - basic	$0.68	$0.47
Net income from continuing operations per share - diluted	$0.68	$0.47
	_______________	_______________

Dyax

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation

	Fair value
	$’M
ASSETS
Current assets:
Cash and cash equivalents	241.2
Accounts receivable, net	13.3
Inventories	20.2
Other current assets	8.1
	_______________
Total current assets	282.8
Non-current assets:
Property, plant and equipment, net	5.8
Goodwill	2,729.5
Other intangible assets, net
- Currently marketed products	135.0
- In-Process Research and Development (“IPR&D”)	4,100.0
-Contract based royalty arrangements	425.0
Other non-current assets	28.3
	_______________
Total assets	7,706.4
	_______________
LIABILITIES AND EQUITY
Current liabilities:
Accounts payable and accrued expenses	30.0
Other current liabilities	1.7
Non-current liabilities:
Deferred tax liability	1,343.3
Other non-current liabilities	1.4
	_______________
Total liabilities	1,376.4
	_______________
Preliminary fair value of identifiable assets acquired and liabilities assumed	6,330.0
	_______________
Consideration
Preliminary fair value of purchase consideration	6,330.0

NPS Pharma

Business Acquisition [Line Items]

Schedule of Purchase Price Allocation

	Fair value
	$’M
ASSETS
Current assets:
Cash and cash equivalents	41.6
Short-term investments	67.0
Accounts receivable	33.4
Inventories	89.4
Other current assets	11.1
	_______________
Total current assets	242.5
Non-current assets:
Property, plant and equipment, net	4.8
Goodwill	1,551.0
Other intangible assets
- currently marketed products	4,640.0
- royalty rights (categorized as "Other amortized intangible assets" )	353.0
	_______________
Total assets	6,791.3
	_______________
LIABILITIES
Current liabilities:
Accounts payable and other current liabilities	75.7
Short-term debt	27.4
Non-current liabilities:
Long-term debt, less current portion	78.9
Deferred tax liabilities	1,385.2
Other non-current liabilities	4.5
	_______________
Total liabilities	1,571.7
	_______________
Fair value of identifiable assets acquired and liabilities assumed	5,219.6
Consideration	_______________
Cash consideration paid	5,219.6
	_______________