2014 Q3 Form 10-Q Financial Statement

#000087504514000022 Filed on October 22, 2014

View on sec.gov

Income Statement

Concept 2014 Q3 2013 Q3
Revenue $2.511B $1.828B
YoY Change 37.4% 31.92%
Cost Of Revenue $302.6M $234.7M
YoY Change 28.95% 68.41%
Gross Profit $2.209B $1.593B
YoY Change 38.65% 27.84%
Gross Profit Margin 87.95% 87.16%
Selling, General & Admin $570.4M $405.6M
YoY Change 40.65% 35.36%
% of Gross Profit 25.83% 25.46%
Research & Development $417.2M $410.0M
YoY Change 1.75% 34.78%
% of Gross Profit 18.89% 25.74%
Depreciation & Amortization $175.4M $147.5M
YoY Change 18.92% 56.58%
% of Gross Profit 7.94% 9.26%
Operating Expenses $987.6M $815.6M
YoY Change 21.09% 35.07%
Operating Profit $1.153B $684.5M
YoY Change 68.37% 27.89%
Interest Expense $7.400M $6.600M
YoY Change 12.12% -24.14%
% of Operating Profit 0.64% 0.96%
Other Income/Expense, Net -$16.29M -$4.640M
YoY Change 251.08% 2.02%
Pretax Income $1.136B $679.9M
YoY Change 67.13% 28.11%
Income Tax $274.8M $186.1M
% Of Pretax Income 24.18% 27.37%
Net Earnings $856.9M $487.6M
YoY Change 75.74% 22.39%
Net Earnings / Revenue 34.12% 26.68%
Basic Earnings Per Share $3.63 $2.06
Diluted Earnings Per Share $3.62 $2.05
COMMON SHARES
Basic Shares Outstanding 236.2M shares 237.1M shares
Diluted Shares Outstanding 237.0M shares 238.3M shares

Balance Sheet

Concept 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.861B $669.0M
YoY Change 178.18% -58.34%
Cash & Equivalents $1.186B $427.8M
Short-Term Investments $675.0M $241.0M
Other Short-Term Assets $396.5M $205.6M
YoY Change 92.8% 62.98%
Inventory $753.1M $614.5M
Prepaid Expenses
Receivables $1.091B $891.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $4.372B $2.644B
YoY Change 65.38% -13.48%
LONG-TERM ASSETS
Property, Plant & Equipment $1.724B $1.806B
YoY Change -4.54% 7.72%
Goodwill $1.541B $1.211B
YoY Change 27.3% 0.5%
Intangibles $4.130B $4.580B
YoY Change -9.83% 172.43%
Long-Term Investments $1.929B $1.010B
YoY Change 90.99% 3323.73%
Other Assets $565.5M $636.0M
YoY Change -11.09% 134.57%
Total Long-Term Assets $9.332B $8.607B
YoY Change 8.43% 30.89%
TOTAL ASSETS
Total Short-Term Assets $4.372B $2.644B
Total Long-Term Assets $9.332B $8.607B
Total Assets $13.70B $11.25B
YoY Change 21.81% 16.82%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $233.6M $166.7M
YoY Change 40.14% 5.9%
Accrued Expenses $847.0M $648.0M
YoY Change 30.71% 60.4%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $3.000M $3.000M
YoY Change 0.0% -99.34%
Total Short-Term Liabilities $1.941B $1.519B
YoY Change 27.78% -0.16%
LONG-TERM LIABILITIES
Long-Term Debt $584.0M $695.0M
YoY Change -15.97% 5.62%
Other Long-Term Liabilities $658.3M $608.5M
YoY Change 8.18% 12.77%
Total Long-Term Liabilities $658.3M $608.5M
YoY Change 8.18% 12.77%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.941B $1.519B
Total Long-Term Liabilities $658.3M $608.5M
Total Liabilities $3.273B $3.125B
YoY Change 4.76% 5.25%
SHAREHOLDERS EQUITY
Retained Earnings $8.400B $5.892B
YoY Change 42.58% 40.46%
Common Stock $129.0K $128.0K
YoY Change 0.78% 0.79%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.085B $1.725B
YoY Change 20.87% 32.37%
Treasury Stock Shares
Shareholders Equity $10.43B $8.125B
YoY Change
Total Liabilities & Shareholders Equity $13.70B $11.25B
YoY Change 21.81% 16.82%

Cashflow Statement

Concept 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income $856.9M $487.6M
YoY Change 75.74% 22.39%
Depreciation, Depletion And Amortization $175.4M $147.5M
YoY Change 18.92% 56.58%
Cash From Operating Activities $914.1M $671.9M
YoY Change 36.05% 24.01%
INVESTING ACTIVITIES
Capital Expenditures -$62.60M -$80.10M
YoY Change -21.85% 37.87%
Acquisitions
YoY Change
Other Investing Activities -$478.0M -$244.2M
YoY Change 95.74% -47.4%
Cash From Investing Activities -$540.6M -$324.4M
YoY Change 66.65% -37.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$359.3M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -35.10M -318.5M
YoY Change -88.98% 1025.44%
NET CHANGE
Cash From Operating Activities 914.1M 671.9M
Cash From Investing Activities -540.6M -324.4M
Cash From Financing Activities -35.10M -318.5M
Net Change In Cash 338.4M 29.00M
YoY Change 1066.9% -425.84%
FREE CASH FLOW
Cash From Operating Activities $914.1M $671.9M
Capital Expenditures -$62.60M -$80.10M
Free Cash Flow $976.7M $752.0M
YoY Change 29.88% 25.35%

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us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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16600000 USD
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us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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300000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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0 USD
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Purchases
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300000 USD
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CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
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CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Settlements
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0 USD
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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46213000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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2983000 USD
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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49433000 USD
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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21500000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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9900000 USD
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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16500000 USD
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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us-gaap Fair Value Measurements Changes In Valuation Techniques
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0
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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2740000000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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3071300000 USD
CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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345200000 USD
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104200000 USD
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273300000 USD
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CY2014Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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285500000 USD
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309500000 USD
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
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11500000 USD
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200000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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1300000 USD
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7700000 USD
CY2014Q3 us-gaap Gain Loss On Sale Of Investments
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3900000 USD
us-gaap Gain Loss On Sale Of Investments
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13500000 USD
us-gaap Gain Loss On Sale Of Investments
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us-gaap Goodwill Other Changes
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us-gaap Impairment Of Intangible Assets Excluding Goodwill
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us-gaap Impairment Of Investments
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1700000 USD
us-gaap Impairment Of Investments
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0 USD
CY2013Q3 us-gaap Impairment Of Investments
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0 USD
CY2014Q3 us-gaap Impairment Of Investments
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0 USD
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679891000 USD
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1136288000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1828058000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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2795621000 USD
us-gaap Income Loss From Equity Method Investments
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CY2014Q3 us-gaap Income Loss From Equity Method Investments
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us-gaap Income Loss From Equity Method Investments
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us-gaap Income Tax Expense Benefit
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CY2013Q3 us-gaap Income Tax Expense Benefit
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us-gaap Income Tax Expense Benefit
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721709000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
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274774000 USD
us-gaap Increase Decrease In Accounts Receivable
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297057000 USD
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219860000 USD
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19283000 USD
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110794000 USD
us-gaap Increase Decrease In Inventories
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182814000 USD
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119890000 USD
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us-gaap Increase Decrease In Other Operating Capital Net
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4129754000 USD
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7400000 USD
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6600000 USD
us-gaap Interest Expense
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22100000 USD
us-gaap Interest Expense
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25500000 USD
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133800000 USD
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115000000 USD
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478600000 USD
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435400000 USD
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1500000 USD
us-gaap Investment Income Interest
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8700000 USD
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3600000 USD
us-gaap Investment Income Interest
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6700000 USD
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CY2014Q3 us-gaap Liabilities
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3273257000 USD
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CY2013Q4 us-gaap Liabilities And Stockholders Equity
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CY2014Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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CY2013Q4 us-gaap Long Term Debt
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us-gaap Maximum Remaining Maturity Of Foreign Currency Derivatives1
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P15M
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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0 USD
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CY2013Q4 us-gaap Minority Interest
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596000 USD
CY2014Q2 us-gaap Minority Interest
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3900000 USD
CY2013Q3 us-gaap Minority Interest
MinorityInterest
600000 USD
CY2013Q2 us-gaap Minority Interest
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600000 USD
CY2012Q4 us-gaap Minority Interest
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2300000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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CY2014Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
0 USD
CY2013Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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0 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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1476073000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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2009252000 USD
CY2013Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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1405035000 USD
us-gaap Net Income Loss
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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0 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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7660000 USD
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0 USD
us-gaap Noncontrolling Interest Decrease From Deconsolidation
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0 USD
us-gaap Noncontrolling Interest Decrease From Deconsolidation
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1700000 USD
CY2013Q3 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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0 USD
CY2014Q3 us-gaap Noncontrolling Interest Decrease From Deconsolidation
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0 USD
CY2014Q3 us-gaap Noncontrolling Interest Increase From Business Combination
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0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
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4000000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
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0 USD
CY2013Q3 us-gaap Noncontrolling Interest Increase From Business Combination
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0 USD
CY2014Q3 us-gaap Notes Payable
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us-gaap Number Of Reportable Segments
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684531000 USD
us-gaap Operating Income Loss
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us-gaap Operating Income Loss
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CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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12000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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11171000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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6211000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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6554000 USD
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Tax
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3639000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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22500000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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64793000 USD
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48242000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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307000 USD
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us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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1182000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Tax
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302000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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17201000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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33564000 USD
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25820000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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us-gaap Other Noncash Income Expense
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us-gaap Other Nonoperating Income Expense
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OtherNonoperatingIncomeExpense
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us-gaap Payments For Proceeds From Other Investing Activities
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15954000 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments To Acquire Available For Sale Securities
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us-gaap Payments To Acquire Available For Sale Securities
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2473609000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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175000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
us-gaap Payments To Acquire Intangible Assets
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us-gaap Payments To Acquire Intangible Assets
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0 USD
us-gaap Payments To Acquire Property Plant And Equipment
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167628000 USD
us-gaap Payments To Acquire Property Plant And Equipment
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180854000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.001
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CY2013Q4 us-gaap Preferred Stock Value
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
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us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2014Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
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2900000 shares
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
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8400455000 USD
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CY2013Q3 us-gaap Revenues
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CY2014Q3 us-gaap Revenues
Revenues
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CY2013Q3 us-gaap Sales Revenue Goods Net
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CY2014Q3 us-gaap Sales Revenue Goods Net
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us-gaap Sales Revenue Goods Net
SalesRevenueGoodsNet
5916423000 USD
CY2011Q1 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
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20000000.0 shares
CY2014Q3 us-gaap Selling General And Administrative Expense
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us-gaap Selling General And Administrative Expense
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1658732000 USD
us-gaap Selling General And Administrative Expense
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CY2013Q3 us-gaap Selling General And Administrative Expense
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405584000 USD
us-gaap Share Based Compensation
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104851000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
119508000 USD
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208000 shares
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8620242000 USD
CY2014Q3 us-gaap Stockholders Equity
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CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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8620838000 USD
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1810000000 USD
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179685000 USD
CY2014Q3 us-gaap Taxes Payable Current
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159638000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1200000 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2000000 shares
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2084908000 USD
CY2013Q4 us-gaap Treasury Stock Value
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1724927000 USD
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2100000 USD
us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of our condensed consolidated financial statements requires us to make estimates, judgments, and assumptions that may affect the reported amounts of assets, liabilities, equity, revenues and expenses, and related disclosure of contingent assets and liabilities. On an on-going basis, we evaluate our estimates and judgments and methodologies. We base our estimates on historical experience and on various other assumptions that are believed to be reasonable, the results of which form the basis for making judgments about the carrying values of assets and liabilities. Actual results may differ from these estimates under different assumptions or conditions.</font></div></div>
CY2014Q3 us-gaap Valuation Allowances And Reserves Balance
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448700000 USD
CY2013Q4 us-gaap Valuation Allowances And Reserves Balance
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800000 shares
CY2013Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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1200000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1400000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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800000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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237449000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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238508000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
237131000 shares
CY2014Q3 biib Accounts Receivable Outstanding For Greater Than One Year
AccountsReceivableOutstandingForGreaterThanOneYear
17400000 USD
CY2013Q4 biib Accounts Receivable Outstanding For Greater Than One Year
AccountsReceivableOutstandingForGreaterThanOneYear
45900000 USD
biib Adjustments To Product Revenue Reserves Relating To Sales In Prior Years
AdjustmentsToProductRevenueReservesRelatingToSalesInPriorYears
1400000 USD
CY2013Q4 biib Available For Sale Securities Debt Maturities After Five Years Amortized Cost
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52700000 USD
CY2014Q3 biib Available For Sale Securities Debt Maturities After Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsAmortizedCost
109100000 USD
CY2013Q4 biib Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
52600000 USD
CY2014Q3 biib Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
109300000 USD
biib Average Maturity Of Marketable Securities
AverageMaturityOfMarketableSecurities
P14M
CY2013 biib Average Maturity Of Marketable Securities
AverageMaturityOfMarketableSecurities
P13M
CY2014Q3 biib Clinical Development Expenses
ClinicalDevelopmentExpenses
61100000 USD
CY2013Q4 biib Clinical Development Expenses
ClinicalDevelopmentExpenses
55200000 USD
CY2013Q4 biib Collaboration Expenses
CollaborationExpenses
18700000 USD
CY2014Q3 biib Collaboration Expenses
CollaborationExpenses
31000000 USD
biib Collaborationprofitsharing
Collaborationprofitsharing
85357000 USD
biib Collaborationprofitsharing
Collaborationprofitsharing
0 USD
CY2013Q3 biib Collaborationprofitsharing
Collaborationprofitsharing
0 USD
CY2014Q3 biib Collaborationprofitsharing
Collaborationprofitsharing
0 USD
CY2014Q3 biib Construction In Progress Accrual
ConstructionInProgressAccrual
21100000 USD
CY2013Q4 biib Construction In Progress Accrual
ConstructionInProgressAccrual
25000000 USD
biib Current Provisions To Product Revenue Reserves Relating To Sales In Current Year
CurrentProvisionsToProductRevenueReservesRelatingToSalesInCurrentYear
1182400000 USD
CY2013Q4 biib Due From Unconsolidated Joint Business
DueFromUnconsolidatedJointBusiness
252662000 USD
CY2014Q3 biib Due From Unconsolidated Joint Business
DueFromUnconsolidatedJointBusiness
269999000 USD
CY2014Q3 biib Effective Income Tax Rate Reconciliation Manufacturing Deduction
EffectiveIncomeTaxRateReconciliationManufacturingDeduction
-0.020
biib Effective Income Tax Rate Reconciliation Manufacturing Deduction
EffectiveIncomeTaxRateReconciliationManufacturingDeduction
-0.019
biib Effective Income Tax Rate Reconciliation Manufacturing Deduction
EffectiveIncomeTaxRateReconciliationManufacturingDeduction
-0.080
CY2013Q3 biib Effective Income Tax Rate Reconciliation Manufacturing Deduction
EffectiveIncomeTaxRateReconciliationManufacturingDeduction
-0.025
CY2013Q4 biib Expense For Non Income Based State Taxes
ExpenseForNonIncomeBasedStateTaxes
10300000 USD
CY2013Q3 biib Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainIncludedInEarnings
3800000 USD
CY2014Q3 biib Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainIncludedInEarnings
300000 USD
biib Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainIncludedInEarnings
5300000 USD
biib Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Gain Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetGainIncludedInEarnings
10500000 USD
biib Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossIncludedInEarnings
2000000 USD
CY2014Q3 biib Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Loss Included In Earnings
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3800000 USD
biib Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossIncludedInEarnings
5100000 USD
CY2013Q3 biib Gain On Sale Of Rights
GainOnSaleOfRights
6949000 USD
CY2014Q3 biib Gain On Sale Of Rights
GainOnSaleOfRights
4379000 USD
biib Gain On Sale Of Rights
GainOnSaleOfRights
12138000 USD
biib Gain On Sale Of Rights
GainOnSaleOfRights
17319000 USD
biib Interest In Subsidiary
InterestInSubsidiary
1.00
CY2013Q3 biib Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetLossIncludedInEarnings
0 USD
CY2014Q3 biib Finitelivedintangibleassetsfutureamortization
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1602200000 USD
CY2013Q4 biib Inventory Various Programs Gross
InventoryVariousProgramsGross
93700000 USD
CY2014Q3 biib Inventory Various Programs Gross
InventoryVariousProgramsGross
5600000 USD
CY2013Q4 biib Investment In Biotechnology Companies That Are Determined To Be Unconsolidated Variable Interest Entities
InvestmentInBiotechnologyCompaniesThatAreDeterminedToBeUnconsolidatedVariableInterestEntities
5500000 USD
CY2014Q3 biib Investment In Biotechnology Companies That Are Determined To Be Unconsolidated Variable Interest Entities
InvestmentInBiotechnologyCompaniesThatAreDeterminedToBeUnconsolidatedVariableInterestEntities
6400000 USD
biib Maximum Term For Accounts Receivable
MaximumTermForAccountsReceivable
P90D
biib Minimum Term For Accounts Receivable
MinimumTermForAccountsReceivable
P30D
CY2013Q4 biib Net Benefit For Previously Unrecognized Position
NetBenefitForPreviouslyUnrecognizedPosition
49800000 USD
biib Other Income Expense Net
OtherIncomeExpenseNet
-7600000 USD
biib Other Income Expense Net
OtherIncomeExpenseNet
-12000000 USD
CY2013Q3 biib Other Income Expense Net
OtherIncomeExpenseNet
-300000 USD
CY2014Q3 biib Other Income Expense Net
OtherIncomeExpenseNet
-4600000 USD
biib Payment Terms Of Accounts Receivable
PaymentTermsOfAccountsReceivable
30 to 90 days
biib Payments Returns Applied Against Product Revenue Reserves Relating To Current Year
PaymentsReturnsAppliedAgainstProductRevenueReservesRelatingToCurrentYear
805300000 USD
biib Payments Returns Applied Against Product Revenue Reserves Relating To Prior Year
PaymentsReturnsAppliedAgainstProductRevenueReservesRelatingToPriorYear
343300000 USD
CY2014Q3 biib Percentage Of Venture Capital Investments To Assets
PercentageOfVentureCapitalInvestmentsToAssets
0.001
CY2013Q4 biib Percentage Of Venture Capital Investments To Assets
PercentageOfVentureCapitalInvestmentsToAssets
0.002
biib Share Based Compensation Expense Included In Costs And Expenses
ShareBasedCompensationExpenseIncludedInCostsAndExpenses
181700000 USD
CY2013Q3 biib Share Based Compensation Expense Included In Costs And Expenses
ShareBasedCompensationExpenseIncludedInCostsAndExpenses
58200000 USD
CY2014Q3 biib Share Based Compensation Expense Included In Costs And Expenses
ShareBasedCompensationExpenseIncludedInCostsAndExpenses
56600000 USD
biib Share Based Compensation Expense Included In Costs And Expenses
ShareBasedCompensationExpenseIncludedInCostsAndExpenses
186100000 USD
CY2013Q3 biib Unconsolidated Joint Business
UnconsolidatedJointBusiness
303210000 USD
CY2014Q3 biib Unconsolidated Joint Business
UnconsolidatedJointBusiness
290678000 USD
biib Unconsolidated Joint Business
UnconsolidatedJointBusiness
890859000 USD
biib Unconsolidated Joint Business
UnconsolidatedJointBusiness
856601000 USD
CY2014Q3 biib Unrealized Gain Losses On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossesOnForeignCurrencyDerivativesNetBeforeTax
41500000 USD
CY2013Q4 biib Unrealized Gain Losses On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossesOnForeignCurrencyDerivativesNetBeforeTax
23600000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0000875045
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
236155407 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
BIOGEN IDEC INC.

Files In Submission

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