2016 Q2 Form 10-Q Financial Statement

#000087504516000065 Filed on July 21, 2016

View on sec.gov

Income Statement

Concept 2016 Q2 2015 Q2
Revenue $2.894B $2.592B
YoY Change 11.68% 7.02%
Cost Of Revenue $370.3M $286.1M
YoY Change 29.43% -1.98%
Gross Profit $2.524B $2.306B
YoY Change 9.47% 8.26%
Gross Profit Margin 87.21% 88.96%
Selling, General & Admin $492.4M $491.9M
YoY Change 0.1% -14.69%
% of Gross Profit 19.51% 21.34%
Research & Development $473.1M $490.7M
YoY Change -3.59% 9.71%
% of Gross Profit 18.74% 21.28%
Depreciation & Amortization $175.4M $144.6M
YoY Change 21.3% -11.88%
% of Gross Profit 6.95% 6.27%
Operating Expenses $965.5M $982.6M
YoY Change -1.74% -4.03%
Operating Profit $1.461B $1.233B
YoY Change 18.44% 24.72%
Interest Expense $65.90M $5.800M
YoY Change 1036.21% -18.31%
% of Operating Profit 4.51% 0.47%
Other Income/Expense, Net -$58.50M -$10.90M
YoY Change 436.7% -324.23%
Pretax Income $1.402B $1.222B
YoY Change 14.71% 23.01%
Income Tax $353.6M $292.5M
% Of Pretax Income 25.22% 23.93%
Net Earnings $1.050B $927.3M
YoY Change 13.21% 29.78%
Net Earnings / Revenue 36.27% 35.78%
Basic Earnings Per Share $4.79 $3.94
Diluted Earnings Per Share $4.79 $3.93
COMMON SHARES
Basic Shares Outstanding 219.1M shares 235.3M shares
Diluted Shares Outstanding 219.4M shares 235.7M shares

Balance Sheet

Concept 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.797B $2.369B
YoY Change 60.28% 50.6%
Cash & Equivalents $1.362B $1.282B
Short-Term Investments $2.435B $1.087B
Other Short-Term Assets $1.027B $750.0M
YoY Change 36.98% 116.28%
Inventory $996.4M $865.7M
Prepaid Expenses
Receivables $1.293B $1.311B
Other Receivables $0.00 $0.00
Total Short-Term Assets $7.448B $5.619B
YoY Change 32.55% 43.16%
LONG-TERM ASSETS
Property, Plant & Equipment $2.302B $1.838B
YoY Change 25.26% 4.64%
Goodwill $3.167B $2.154B
YoY Change 47.01% 57.85%
Intangibles $3.968B $4.295B
YoY Change -7.62% 1.07%
Long-Term Investments $4.592B $2.853B
YoY Change 60.95% 75.89%
Other Assets $1.153B $751.6M
YoY Change 53.41% 22.85%
Total Long-Term Assets $14.07B $11.14B
YoY Change 26.27% 23.88%
TOTAL ASSETS
Total Short-Term Assets $7.448B $5.619B
Total Long-Term Assets $14.07B $11.14B
Total Assets $21.51B $16.76B
YoY Change 28.38% 29.74%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $225.9M $282.7M
YoY Change -20.09% 25.68%
Accrued Expenses $903.0M $823.0M
YoY Change 9.72% 2.75%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $5.000M $3.000M
YoY Change 66.67% 0.0%
Total Short-Term Liabilities $2.516B $2.556B
YoY Change -1.55% 33.35%
LONG-TERM LIABILITIES
Long-Term Debt $6.538B $576.0M
YoY Change 1035.07% -1.71%
Other Long-Term Liabilities $951.0M $915.7M
YoY Change 3.85% 28.8%
Total Long-Term Liabilities $951.0M $915.7M
YoY Change 3.85% 28.8%
TOTAL LIABILITIES
Total Short-Term Liabilities $2.516B $2.556B
Total Long-Term Liabilities $951.0M $915.7M
Total Liabilities $10.11B $4.186B
YoY Change 141.54% 24.86%
SHAREHOLDERS EQUITY
Retained Earnings $14.23B $11.03B
YoY Change 28.96% 46.27%
Common Stock $100.0K $129.0K
YoY Change -22.48% 0.78%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.612B $2.612B
YoY Change 0.0% 26.67%
Treasury Stock Shares
Shareholders Equity $11.40B $12.57B
YoY Change
Total Liabilities & Shareholders Equity $21.51B $16.76B
YoY Change 28.38% 29.74%

Cashflow Statement

Concept 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income $1.050B $927.3M
YoY Change 13.21% 29.78%
Depreciation, Depletion And Amortization $175.4M $144.6M
YoY Change 21.3% -11.88%
Cash From Operating Activities $998.2M $1.047B
YoY Change -4.69% 5.72%
INVESTING ACTIVITIES
Capital Expenditures -$108.2M -$129.9M
YoY Change -16.71% 102.97%
Acquisitions
YoY Change
Other Investing Activities -$627.9M -$1.124B
YoY Change -44.11% 98.46%
Cash From Investing Activities -$736.1M -$1.253B
YoY Change -41.27% 98.9%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -15.80M -3.600M
YoY Change 338.89% -98.88%
NET CHANGE
Cash From Operating Activities 998.2M 1.047B
Cash From Investing Activities -736.1M -1.253B
Cash From Financing Activities -15.80M -3.600M
Net Change In Cash 246.3M -209.6M
YoY Change -217.51% -650.13%
FREE CASH FLOW
Cash From Operating Activities $998.2M $1.047B
Capital Expenditures -$108.2M -$129.9M
Free Cash Flow $1.106B $1.177B
YoY Change -6.01% 11.63%

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us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.35
us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.111
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.098
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.100
us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.090
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciationAndAmortization
0.011
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciationAndAmortization
0.010
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
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0.011
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Depreciation And Amortization
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseDepreciationAndAmortization
0.011
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.009
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.007
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.006
us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseOther
0.006
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.004
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.003
us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.002
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.004
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.000
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.010
us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.010
CY2015Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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0.007
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.007
CY2016Q2 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.012
us-gaap Effective Income Tax Rate Reconciliation Tax Credits
EffectiveIncomeTaxRateReconciliationTaxCredits
0.012
CY2015Q4 us-gaap Employee Related Liabilities Current
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270800000 USD
CY2016Q2 us-gaap Employee Related Liabilities Current
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228400000 USD
CY2015Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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2200000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
5600000 USD
CY2016Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
4400000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
7500000 USD
CY2015Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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12900000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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39600000 USD
CY2016Q2 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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12700000 USD
us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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27900000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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69700000 USD
us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
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9000000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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2200000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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-10600000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
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-12900000 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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36000000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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274500000 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchases
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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0 USD
CY2015Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
CY2016Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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3200000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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3200000 USD
us-gaap Fair Value Measurements Changes In Valuation Techniques
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0
CY2015Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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3561200000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
3742700000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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325100000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
181600000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
265000000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
277100000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
282700000 USD
CY2016Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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298200000 USD
CY2015Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1500000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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CY2016Q2 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
200000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
2300000 USD
CY2015Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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13600000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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3900000 USD
CY2016Q2 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
18600000 USD
us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
GainLossOnForeignCurrencyDerivativeInstrumentsNotDesignatedAsHedgingInstruments
16200000 USD
CY2015Q2 us-gaap Gain Loss On Sale Of Investments
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300000 USD
us-gaap Gain Loss On Sale Of Investments
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CY2016Q2 us-gaap Gain Loss On Sale Of Investments
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-2700000 USD
us-gaap Gain Loss On Sale Of Investments
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CY2015Q4 us-gaap Goodwill
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2663800000 USD
CY2016Q2 us-gaap Goodwill
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3167100000 USD
us-gaap Goodwill Acquired During Period
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515000000 USD
CY2016Q2 us-gaap Goodwill Impaired Accumulated Impairment Loss
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0 USD
us-gaap Goodwill Other Increase Decrease
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-11700000 USD
CY2015Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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1222200000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2325100000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1402000000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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2727600000 USD
CY2015Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-4900000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-5700000 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2015Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
292500000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
574400000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
353600000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
710000000 USD
us-gaap Increase Decrease In Accounts Receivable
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38900000 USD
us-gaap Increase Decrease In Accounts Receivable
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65000000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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102000000 USD
us-gaap Increase Decrease In Accrued Income Taxes Payable
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-151700000 USD
us-gaap Increase Decrease In Accrued Liabilities
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-169900000 USD
us-gaap Increase Decrease In Accrued Liabilities
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us-gaap Increase Decrease In Inventories
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81300000 USD
us-gaap Increase Decrease In Inventories
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128300000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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66400000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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-50100000 USD
CY2015Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
7646300000 USD
CY2016Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
7710300000 USD
CY2015Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4085100000 USD
CY2016Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3967600000 USD
CY2015Q2 us-gaap Interest Expense
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5800000 USD
us-gaap Interest Expense
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12500000 USD
CY2016Q2 us-gaap Interest Expense
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65900000 USD
us-gaap Interest Expense
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129200000 USD
CY2015Q4 us-gaap Inventory Finished Goods Net Of Reserves
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143000000 USD
CY2016Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
139100000 USD
CY2015Q4 us-gaap Inventory Net
InventoryNet
893400000 USD
CY2016Q2 us-gaap Inventory Net
InventoryNet
996400000 USD
CY2015Q4 us-gaap Inventory Noncurrent
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40200000 USD
CY2016Q2 us-gaap Inventory Noncurrent
InventoryNoncurrent
32300000 USD
CY2015Q4 us-gaap Inventory Raw Materials Net Of Reserves
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213000000 USD
CY2016Q2 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
235000000 USD
CY2015Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
577600000 USD
CY2016Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
654600000 USD
CY2015Q2 us-gaap Investment Income Interest
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4300000 USD
us-gaap Investment Income Interest
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7600000 USD
CY2016Q2 us-gaap Investment Income Interest
InvestmentIncomeInterest
15400000 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
26600000 USD
CY2015Q4 us-gaap Liabilities
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10129900000 USD
CY2016Q2 us-gaap Liabilities
Liabilities
10111100000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
19504800000 USD
CY2016Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
21514800000 USD
CY2015Q4 us-gaap Liabilities Current
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2577700000 USD
CY2016Q2 us-gaap Liabilities Current
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2516200000 USD
CY2015Q4 us-gaap Long Term Debt
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6521500000 USD
CY2016Q2 us-gaap Long Term Debt
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6538300000 USD
us-gaap Maximum Remaining Maturity Of Foreign Currency Derivatives1
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P18M
CY2014Q4 us-gaap Minority Interest
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5000000 USD
CY2015Q1 us-gaap Minority Interest
MinorityInterest
2700000 USD
CY2015Q2 us-gaap Minority Interest
MinorityInterest
400000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
2100000 USD
CY2016Q1 us-gaap Minority Interest
MinorityInterest
1300000 USD
CY2016Q2 us-gaap Minority Interest
MinorityInterest
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
77200000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
34000000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1756100000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1939300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1780300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1959200000 USD
CY2015Q2 us-gaap Net Income Loss
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927300000 USD
us-gaap Net Income Loss
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1749800000 USD
CY2016Q2 us-gaap Net Income Loss
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1049800000 USD
us-gaap Net Income Loss
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2020700000 USD
CY2015Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2500000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-4800000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1400000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3100000 USD
CY2015Q2 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
CY2016Q2 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
0 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
900000 USD
CY2015Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-10900000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-25900000 USD
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-58500000 USD
us-gaap Nonoperating Income Expense
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-111300000 USD
CY2015Q4 us-gaap Notes Payable
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6506500000 USD
CY2016Q2 us-gaap Notes Payable
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6524000000 USD
us-gaap Number Of Reportable Segments
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1 segment
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1233100000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2351000000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1460500000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2838900000 USD
CY2015Q4 us-gaap Other Accrued Liabilities Current
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635300000 USD
CY2016Q2 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
613400000 USD
CY2015Q4 us-gaap Other Assets Current
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836900000 USD
CY2016Q2 us-gaap Other Assets Current
OtherAssetsCurrent
1027400000 USD
CY2015Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1107600000 USD
CY2016Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
1153000000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
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us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
1100000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
4500000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
7000000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
33300000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-54800000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-96200000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
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CY2016Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
29300000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-18300000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
63000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-37800000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-58000000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-48400000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-30500000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-41500000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-23500000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-58800000 USD
CY2015Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-2900000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-4100000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-700000 USD
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-900000 USD
CY2015Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
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CY2016Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
2072700000 USD
CY2015Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
905800000 USD
CY2016Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
951000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
5800000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
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CY2015Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-8200000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5100000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-5500000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9900000 USD
CY2015Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
55600000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
107600000 USD
CY2016Q2 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
79000000 USD
us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
166900000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
10100000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
65900000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
42200000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Restructuring
PaymentsForRestructuring
34700000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
2045000000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
3833300000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
198800000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
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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:Franklin Gothic Book,sans-serif;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, judgments and methodologies. We base our estimates on historical experience and on various other assumptions that we believe to be reasonable, the results of which form the basis for making judgments about the carrying values of assets, liabilities and equity and the amount of revenues and expenses. Actual results may differ from these estimates under different assumptions or conditions.</font></div></div>

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0000875045-16-000065.txt Edgar Link pending
0000875045-16-000065-xbrl.zip Edgar Link pending
biib-20160630.xml Edgar Link completed
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biib-20160630_cal.xml Edgar Link unprocessable
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biib-20160630_lab.xml Edgar Link unprocessable
biib-20160630_pre.xml Edgar Link unprocessable
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