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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Product sales $ 2,322.1 $ 1,476.2 $ 3,949.4 $ 2,899.4
Royalties and other revenues 107.0 81.4 189.0 146.6
Total revenues 2,429.1 1,557.6 4,138.4 3,046.0
Costs and expenses:        
Cost of product sales 778.1 228.0 1,026.7 455.8
Research and development 294.8 775.9 511.9 969.6
Selling, general and administrative 675.3 496.0 1,150.2 914.3
Integration and acquisition costs 363.0 (212.4) 454.1 (136.7)
Amortization of acquired intangibles 213.0 131.3 347.6 219.6
Reorganization costs 11.0 13.3 14.3 28.5
Gain on sale of product rights (2.3) (7.1) (6.5) (12.3)
Total operating expenses 2,332.9 1,425.0 3,498.3 2,438.8
Operating income from continuing operations 96.2 132.6 640.1 607.2
Interest income 1.6 0.6 2.6 2.6
Interest expense (87.2) (11.3) (131.9) (20.9)
Other income/(expense), net 6.0 (2.0) (2.5) 2.3
Total other expense, net (79.6) (12.7) (131.8) (16.0)
Income from continuing operations before income taxes and equity in earnings of equity method investees 16.6 119.9 508.3 591.2
Income taxes benefit / (charge) 70.9 44.1 (11.2) (13.3)
Equity in (losses)/earnings of equity method investees, net of taxes (0.9) 0.1 (1.0) (0.9)
Income from continuing operations, net of taxes 86.6 164.1 496.1 577.0
Loss from discontinued operations, net of taxes (248.7) (4.5) (239.2) (7.0)
Net (loss)/income $ (162.1) $ 159.6 $ 256.9 $ 570.0
Earning per ordinary share - basic        
Earnings from continuing operations $ 0.12 $ 0.28 $ 0.78 $ 0.98
Loss from discontinued operations (0.36) (0.01) (0.38) (0.01)
(Loss)/earnings per ordinary share - basic (0.24) 0.27 0.40 0.97
Earnings per ordinary share - diluted        
Earnings from continuing operations 0.12 0.28 0.77 0.97
Loss from discontinued operations (0.36) (0.01) (0.37) (0.01)
(Loss)/earnings per ordinary share - diluted $ (0.24) $ 0.27 $ 0.40 $ 0.96
Weighted average number of shares:        
Basic 682.8 590.5 637.3 589.8
Diluted 682.8 593.2 640.1 593.0
Cash dividends declared and paid per ordinary share $ 0.22 $ 0.19 $ 0.22 $ 0.19