2019 Q4 Form 10-K Financial Statement

#000087504520000005 Filed on February 06, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $3.671B $14.38B $3.526B
YoY Change 4.11% 6.88% 6.63%
Cost Of Revenue $447.1M $1.955B $488.5M
YoY Change -8.47% 7.66% -4.07%
Gross Profit $3.224B $12.42B $3.038B
YoY Change 6.14% 6.75% 8.58%
Gross Profit Margin 87.82% 86.4% 86.15%
Selling, General & Admin $661.0M $2.375B $591.1M
YoY Change 11.83% 12.74% 3.27%
% of Gross Profit 20.5% 19.12% 19.46%
Research & Development $689.3M $2.281B $611.6M
YoY Change 12.7% -12.19% 4.08%
% of Gross Profit 21.38% 18.36% 20.13%
Depreciation & Amortization $113.0M $464.7M $329.7M
YoY Change -65.73% -28.56% 270.45%
% of Gross Profit 3.5% 3.74% 10.85%
Operating Expenses $1.427B $4.655B $1.359B
YoY Change 4.97% -1.02% 4.46%
Operating Profit $1.797B $7.043B $1.679B
YoY Change 7.08% 19.6% 12.16%
Interest Expense -$72.70M $187.4M -$82.70M
YoY Change -12.09% -6.58% -6.87%
% of Operating Profit -4.04% 2.66% -4.93%
Other Income/Expense, Net -$36.40M $83.30M -$1.700M
YoY Change 2041.18% 657.27% -75.71%
Pretax Income $1.728B $4.725B $1.415B
YoY Change 22.19% 21.88% 1.05%
Income Tax $276.1M $1.158B $445.9M
% Of Pretax Income 15.97% 24.51% 31.52%
Net Earnings $1.440B $5.889B $946.8M
YoY Change 52.06% 32.9% -418.36%
Net Earnings / Revenue 39.21% 40.96% 26.85%
Basic Earnings Per Share $8.10 $31.47 $4.74
Diluted Earnings Per Share $8.08 $31.42 $4.73
COMMON SHARES
Basic Shares Outstanding 177.8M shares 187.1M shares 199.8M shares
Diluted Shares Outstanding 178.2M shares 187.4M shares 200.3M shares

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.476B $4.476B $3.538B
YoY Change 26.51% 26.51% -4.09%
Cash & Equivalents $2.914B $2.914B $1.225B
Short-Term Investments $1.562B $1.562B $2.313B
Other Short-Term Assets $631.0M $631.0M $687.6M
YoY Change -8.23% -8.28% -28.52%
Inventory $804.2M $804.0M $929.9M
Prepaid Expenses
Receivables $1.881B $2.471B $1.959B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.382B $8.382B $7.641B
YoY Change 9.7% 9.7% -2.95%
LONG-TERM ASSETS
Property, Plant & Equipment $3.247B $3.674B $3.601B
YoY Change -9.83% 2.03% 13.16%
Goodwill $5.758B $5.706B
YoY Change 0.9% 23.18%
Intangibles $3.527B $3.120B
YoY Change 13.06% -19.58%
Long-Term Investments $2.654B $2.654B $3.039B
YoY Change -12.67% -12.67% -25.07%
Other Assets $1.253B $3.239B $1.691B
YoY Change -25.9% 48.44% 291.71%
Total Long-Term Assets $18.85B $18.85B $17.65B
YoY Change 6.83% 6.82% 11.84%
TOTAL ASSETS
Total Short-Term Assets $8.382B $8.382B $7.641B
Total Long-Term Assets $18.85B $18.85B $17.65B
Total Assets $27.23B $27.23B $25.29B
YoY Change 7.69% 7.69% 6.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $530.8M $531.0M $370.5M
YoY Change 43.27% 43.13% -6.32%
Accrued Expenses $1.683B $1.683B $1.546B
YoY Change 8.86% 8.86% 25.08%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.496B $1.496B $0.00
YoY Change -100.0%
Total Short-Term Liabilities $4.864B $4.864B $3.295B
YoY Change 47.6% 47.62% -2.17%
LONG-TERM LIABILITIES
Long-Term Debt $4.459B $4.459B $5.937B
YoY Change -24.89% -24.89% 0.03%
Other Long-Term Liabilities $1.349B $1.762B $1.389B
YoY Change -2.91% 26.85% -14.69%
Total Long-Term Liabilities $1.349B $6.221B $1.389B
YoY Change -2.91% -15.08% -14.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $4.864B $4.864B $3.295B
Total Long-Term Liabilities $1.349B $6.221B $1.389B
Total Liabilities $13.90B $13.89B $12.26B
YoY Change 13.36% 13.41% 10.88%
SHAREHOLDERS EQUITY
Retained Earnings $16.46B $16.26B
YoY Change 1.22% 2.82%
Common Stock $100.0K $100.0K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $2.977B $2.977B
YoY Change 0.0% 0.0%
Treasury Stock Shares 23.80M shares 23.80M shares
Shareholders Equity $13.34B $13.34B $13.04B
YoY Change
Total Liabilities & Shareholders Equity $27.23B $27.23B $25.29B
YoY Change 7.69% 7.69% 6.92%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income $1.440B $5.889B $946.8M
YoY Change 52.06% 32.9% -418.36%
Depreciation, Depletion And Amortization $113.0M $464.7M $329.7M
YoY Change -65.73% -28.56% 270.45%
Cash From Operating Activities $1.960B $7.079B $1.895B
YoY Change 3.42% 14.4% 24.84%
INVESTING ACTIVITIES
Capital Expenditures -$265.4M $514.5M -$225.9M
YoY Change 17.49% -33.23% -23.58%
Acquisitions $744.4M
YoY Change
Other Investing Activities $973.8M -$27.00M -$1.399B
YoY Change -169.59% 6650.0% 195.29%
Cash From Investing Activities $708.4M $470.5M -$1.625B
YoY Change -143.59% -122.99% 111.22%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.868B
YoY Change 34.82%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.116B -$5.860B -1.437B
YoY Change 47.28% 31.05% 102.94%
NET CHANGE
Cash From Operating Activities 1.960B $7.079B 1.895B
Cash From Investing Activities 708.4M $470.5M -1.625B
Cash From Financing Activities -2.116B -$5.860B -1.437B
Net Change In Cash 552.2M $1.689B -1.167B
YoY Change -147.32% -610.8% -2967.08%
FREE CASH FLOW
Cash From Operating Activities $1.960B $7.079B $1.895B
Capital Expenditures -$265.4M $514.5M -$225.9M
Free Cash Flow $2.226B $6.564B $2.121B
YoY Change 4.92% 21.17% 16.95%

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CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
1500000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1500000 USD
CY2017 biib Noncontrollinginterestincreasedecreaseother
Noncontrollinginterestincreasedecreaseother
15800000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
150000000.0 USD
CY2017 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
40500000 USD
CY2017 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
40500000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
45800000 USD
CY2017 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
45800000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
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-138100000 USD
CY2016 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
-138100000 USD
CY2017 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
-852800000 USD
CY2017 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
-852800000 USD
CY2017 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
-852800000 USD
CY2017 biib Stockholders Equity Tax Benefit Expense
StockholdersEquityTaxBenefitExpense
-17500000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
12612800000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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12598100000 USD
CY2019 biib Interest In Subsidiary
InterestInSubsidiary
1
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><span style="font-family:Franklin Gothic Book,sans-serif;font-size:10pt;">The preparation of our 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 ongoing basis we evaluate our estimates, judgments and methodologies. We base our estimates on historical experience and on various other assumptions that we believe are 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.</span></div>
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;padding-top:6px;text-align:left;text-indent:32px;font-size:10pt;"><span style="font-family:Franklin Gothic Book,sans-serif;font-size:10pt;">Financial instruments that potentially subject us to concentrations of credit risk include cash and cash equivalents, investments, derivatives and accounts receivable. We attempt to minimize the risks related to cash and cash equivalents and investments by investing in a broad and diverse range of financial instruments as previously defined by us. We have established guidelines related to credit ratings and maturities intended to safeguard principal balances and maintain liquidity. Our investment portfolio is maintained in accordance with our investment policy, which defines allowable investments, specifies credit quality standards and limits the credit exposure of any single issuer. We minimize credit risk resulting from derivative instruments by choosing only highly rated financial institutions as counterparties.</span></div><div style="line-height:120%;padding-top:12px;text-align:left;text-indent:32px;font-size:10pt;"><span style="font-family:Franklin Gothic Book,sans-serif;font-size:10pt;">Concentrations of credit risk with respect to receivables, which are typically unsecured, are somewhat mitigated due to the wide variety of customers and markets using our products, as well as their dispersion across many different geographic areas. We monitor the financial performance and creditworthiness of our customers so that we can properly assess and respond to changes in their credit profile. We continue to monitor these conditions and assess their possible impact on our business. </span></div>
CY2019 us-gaap Advertising Expense
AdvertisingExpense
79200000 USD
CY2018 us-gaap Advertising Expense
AdvertisingExpense
90200000 USD
CY2017 us-gaap Advertising Expense
AdvertisingExpense
75200000 USD
CY2019Q3 biib Inventoryrawmaterialssoldto Fujifilm
InventoryrawmaterialssoldtoFUJIFILM
41800000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1051300000 USD
CY2019 biib Current Provisions To Product Revenue Reserves Relating To Sales In Current Year
CurrentProvisionsToProductRevenueReservesRelatingToSalesInCurrentYear
3698600000 USD
CY2019 biib Adjustments To Product Revenue Reserves Relating To Sales In Prior Years
AdjustmentsToProductRevenueReservesRelatingToSalesInPriorYears
48300000 USD
CY2019 biib Payments Returns Applied Against Product Revenue Reserves Relating To Current Year
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2778600000 USD
CY2019 biib Payments Returns Applied Against Product Revenue Reserves Relating To Prior Year
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724100000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
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1198900000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
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761600000 USD
CY2018 biib Current Provisions To Product Revenue Reserves Relating To Sales In Current Year
CurrentProvisionsToProductRevenueReservesRelatingToSalesInCurrentYear
3389100000 USD
CY2018 biib Adjustments To Product Revenue Reserves Relating To Sales In Prior Years
AdjustmentsToProductRevenueReservesRelatingToSalesInPriorYears
12100000 USD
CY2018 biib Payments Returns Applied Against Product Revenue Reserves Relating To Current Year
PaymentsReturnsAppliedAgainstProductRevenueReservesRelatingToCurrentYear
2440400000 USD
CY2018 biib Payments Returns Applied Against Product Revenue Reserves Relating To Prior Year
PaymentsReturnsAppliedAgainstProductRevenueReservesRelatingToPriorYear
646900000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1051300000 USD
CY2016Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
605500000 USD
CY2017 biib Current Provisions To Product Revenue Reserves Relating To Sales In Current Year
CurrentProvisionsToProductRevenueReservesRelatingToSalesInCurrentYear
2917300000 USD
CY2017 biib Adjustments To Product Revenue Reserves Relating To Sales In Prior Years
AdjustmentsToProductRevenueReservesRelatingToSalesInPriorYears
-6000000.0 USD
CY2017 biib Payments Returns Applied Against Product Revenue Reserves Relating To Current Year
PaymentsReturnsAppliedAgainstProductRevenueReservesRelatingToCurrentYear
2232800000 USD
CY2017 biib Payments Returns Applied Against Product Revenue Reserves Relating To Prior Year
PaymentsReturnsAppliedAgainstProductRevenueReservesRelatingToPriorYear
534400000 USD
CY2017Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
761600000 USD
CY2019Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1198900000 USD
CY2018Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
1051300000 USD
CY2019 biib Revenues In Percentage From Anti Cd20 Therapeutic Programs
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0.16
CY2018 biib Revenues In Percentage From Anti Cd20 Therapeutic Programs
RevenuesInPercentageFromAntiCD20TherapeuticPrograms
0.15
CY2017 biib Revenues In Percentage From Anti Cd20 Therapeutic Programs
RevenuesInPercentageFromAntiCD20TherapeuticPrograms
0.13
CY2019Q4 us-gaap Inventory Raw Materials Net Of Reserves
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169700000 USD
CY2018Q4 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
196300000 USD
CY2019Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
460000000.0 USD
CY2018Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
606700000 USD
CY2019Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
174500000 USD
CY2018Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
133500000 USD
CY2019Q4 biib Inventorynetcurrentandnoncurrent
Inventorynetcurrentandnoncurrent
804200000 USD
CY2018Q4 biib Inventorynetcurrentandnoncurrent
Inventorynetcurrentandnoncurrent
936500000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
804200000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
929900000 USD
CY2019Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
0 USD
CY2018Q4 us-gaap Inventory Noncurrent
InventoryNoncurrent
6600000 USD
CY2019Q4 biib Inventorynetcurrentandnoncurrent
Inventorynetcurrentandnoncurrent
804200000 USD
CY2018Q4 biib Inventorynetcurrentandnoncurrent
Inventorynetcurrentandnoncurrent
936500000 USD
CY2019 us-gaap Inventory Write Down
InventoryWriteDown
52200000 USD
CY2018 us-gaap Inventory Write Down
InventoryWriteDown
41900000 USD
CY2017 us-gaap Inventory Write Down
InventoryWriteDown
76900000 USD
CY2019Q3 biib Inventoryrawmaterialssoldto Fujifilm
InventoryrawmaterialssoldtoFUJIFILM
41800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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7379300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4881400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2497900000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
7187300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4607300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2580000000.0 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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8408800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
4881400000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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3527400000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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7727300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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4607300000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3120000000.0 USD
CY2019 biib Amortizationand Impairmentof Acquired Intangible Assets
AmortizationandImpairmentofAcquiredIntangibleAssets
489900000 USD
CY2018 biib Amortizationand Impairmentof Acquired Intangible Assets
AmortizationandImpairmentofAcquiredIntangibleAssets
747300000 USD
CY2017 biib Amortizationand Impairmentof Acquired Intangible Assets
AmortizationandImpairmentofAcquiredIntangibleAssets
814700000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
274000000.0 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
381200000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
455300000 USD
CY2017Q1 us-gaap Litigation Settlement Amount Awarded To Other Party
LitigationSettlementAmountAwardedToOtherParty
1250000000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
260000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
220000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
225000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
230000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
220000000.0 USD
CY2018Q4 us-gaap Goodwill
Goodwill
5706400000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
4632500000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
117500000 USD
CY2018 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
1080100000 USD
CY2019 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
69500000 USD
CY2018 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
0 USD
CY2019 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
3400000 USD
CY2018 us-gaap Goodwill Other Increase Decrease
GoodwillOtherIncreaseDecrease
-6200000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
5757800000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
5706400000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
0 USD
CY2019 us-gaap Servicing Asset At Fair Value Description Of Changes In Valuation Inputs
ServicingAssetAtFairValueDescriptionOfChangesInValuationInputs
no
CY2019Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
6553600000 USD
CY2018Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
6037600000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
63700000 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
12300000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
0 USD
CY2018 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
101500000 USD
CY2019 us-gaap Debt Instrument Maturity Date Description
DebtInstrumentMaturityDateDescription
less than 90 days
CY2019Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
2541100000 USD
CY2018Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
705500000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2965000000.0 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6000000.0 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
700000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2970300000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
3694000000.0 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
1300000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
6000000.0 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
3689300000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
1562200000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
1560800000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Fair Value
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearFairValue
2313400000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
2314600000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1234500000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
1230400000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsFairValue
1232700000 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
1235900000 USD
CY2019Q4 biib Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
173600000 USD
CY2019Q4 biib Available For Sale Securities Debt Maturities After Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsAmortizedCost
173800000 USD
CY2018Q4 biib Available For Sale Securities Debt Maturities After Five Years Fair Value
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsFairValue
143200000 USD
CY2018Q4 biib Available For Sale Securities Debt Maturities After Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterFiveYearsAmortizedCost
143500000 USD
CY2019Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
2970300000 USD
CY2019Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
2965000000.0 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
3689300000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
3694000000.0 USD
CY2019 biib Average Maturity Of Marketable Securities
AverageMaturityOfMarketableSecurities
P14M
CY2018 biib Average Maturity Of Marketable Securities
AverageMaturityOfMarketableSecurities
P12M
CY2017 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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4500000 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
6007000000.0 USD
CY2018 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
9173700000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
5565900000 USD
CY2019 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
6000000.0 USD
CY2018 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
3200000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Gains
AvailableForSaleSecuritiesGrossRealizedGains
3000000.0 USD
CY2019 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
1500000 USD
CY2018 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
11700000 USD
CY2017 us-gaap Available For Sale Securities Gross Realized Losses
AvailableForSaleSecuritiesGrossRealizedLosses
22400000 USD
CY2019 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
500000 USD
CY2018 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
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-27300000 USD
CY2017 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
UnrealizedGainLossOnForeignCurrencyDerivativesNetBeforeTax
113000000.0 USD
CY2019 us-gaap Unrealized Gain Loss On Foreign Currency Derivatives Net Before Tax
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500000 USD
CY2019 us-gaap Derivative Remaining Maturity1
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P15M
CY2019 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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5900000 USD
CY2018 us-gaap Gain Loss On Foreign Currency Derivative Instruments Not Designated As Hedging Instruments
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2000000.0 USD
CY2019Q4 us-gaap Land
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118100000 USD
CY2018Q4 us-gaap Land
Land
144500000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
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835000000.0 USD
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
1282800000 USD
CY2019Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
99500000 USD
CY2018Q4 us-gaap Leasehold Improvements Gross
LeaseholdImprovementsGross
94400000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
844500000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1258100000 USD
CY2019Q4 biib Computer Software And Hardware
ComputerSoftwareAndHardware
798400000 USD
CY2018Q4 biib Computer Software And Hardware
ComputerSoftwareAndHardware
798700000 USD
CY2019Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
58300000 USD
CY2018Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
61600000 USD
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
2084400000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
1758500000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4838200000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
5398600000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1590900000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1797400000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
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3247300000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3601200000 USD
CY2019 us-gaap Depreciation
Depreciation
190600000 USD
CY2018 us-gaap Depreciation
Depreciation
269400000 USD
CY2017 us-gaap Depreciation
Depreciation
266300000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
68800000 USD
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
54000000.0 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
30700000 USD
CY2019Q4 us-gaap Operating Lease Liability
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486300000 USD
CY2019 us-gaap Lease Cost
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86700000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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87600000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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81500000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
75700000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
72500000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
69000000.0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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158300000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
544600000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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58300000 USD
CY2019Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
486300000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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87000000.0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
80700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
75900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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71700000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
71000000.0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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215300000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
601600000 USD
CY2018Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within One Year
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinOneYear
26800000 USD
CY2018Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Two Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinTwoYears
25600000 USD
CY2018Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Three Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinThreeYears
23700000 USD
CY2018Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Four Years
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsWithinFourYears
24000000.0 USD
CY2018Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Within Five Years
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24300000 USD
CY2018Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions Thereafter
FutureMinimumSubleaseRentalsSaleLeasebackTransactionsThereafter
58400000 USD
CY2018Q4 us-gaap Future Minimum Sublease Rentals Sale Leaseback Transactions
FutureMinimumSubleaseRentalsSaleLeasebackTransactions
182800000 USD
CY2018Q4 biib Net Minimum Lease Payments With In One Year
NetMinimumLeasePaymentsWithInOneYear
60200000 USD
CY2018Q4 biib Net Minimum Lease Payments With In Two Year
NetMinimumLeasePaymentsWithInTwoYear
55100000 USD
CY2018Q4 biib Net Minimum Lease Payments With In Three Year
NetMinimumLeasePaymentsWithInThreeYear
52200000 USD
CY2018Q4 biib Net Minimum Lease Payments With In Four Year
NetMinimumLeasePaymentsWithInFourYear
47700000 USD
CY2018Q4 biib Net Minimum Lease Payments With In Five Year
NetMinimumLeasePaymentsWithInFiveYear
46700000 USD
CY2018Q4 biib Net Minimum Lease Payments Thereafter
NetMinimumLeasePaymentsThereafter
156900000 USD
CY2018Q4 biib Net Minimum Lease Payments
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418800000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y25D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.032
CY2019 us-gaap Operating Lease Payments
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93800000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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35900000 USD
CY2019Q4 us-gaap Debt Current
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1495800000 USD
CY2018Q4 us-gaap Debt Current
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0 USD
CY2019Q4 us-gaap Long Term Debt
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4459000000.0 USD
CY2018Q4 us-gaap Long Term Debt
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5936500000 USD
CY2015 us-gaap Payments Of Financing Costs
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47500000 USD
CY2019 us-gaap Debt Instrument Redemption Price Percentage
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1
CY2019 biib Debt Instrument Make Whole Provision Redemption Price Percentage
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1.01
CY2015Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
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1000000000.0 USD
CY2015 us-gaap Line Of Credit Facility Description
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five
CY2019Q4 us-gaap Line Of Credit Facility Fair Value Of Amount Outstanding
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0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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1500000000.0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1000000000.0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
0 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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3500000000.0 USD
CY2019Q4 us-gaap Long Term Notes Payable
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6000000000.0 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-135200000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-318400000 USD
CY2018Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-316900000 USD
CY2018 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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29500000 USD
CY2018 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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47000000.0 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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76500000 USD
CY2019Q4 us-gaap Preferred Stock Shares Authorized
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8000000.0 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
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1000000000.0 shares
CY2019Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
198000000.0 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
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174200000 shares
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000.0 shares
CY2018Q4 us-gaap Common Stock Shares Issued
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221000000.0 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
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197200000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000.0 shares
CY2017Q4 us-gaap Common Stock Shares Issued
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235300000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
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211500000 shares
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-240400000 USD
CY2019 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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230800000 USD
CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-125600000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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105200000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-240400000 USD
CY2016Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-319900000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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-42700000 USD
CY2017 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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44200000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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1500000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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-318400000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
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1143900000 USD
CY2019 us-gaap Net Income Loss
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5888500000 USD
CY2018 us-gaap Net Income Loss
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4430700000 USD
CY2017 us-gaap Net Income Loss
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2539100000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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187100000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
204900000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
212600000 shares
CY2019 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
300000 shares
CY2018 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
400000 shares
CY2017 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
400000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
187400000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
205300000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
213000000.0 shares
CY2019 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
23600000 shares
CY2018 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
14800000 shares
CY2017 us-gaap Weighted Average Number Of Shares Common Stock Subject To Repurchase Or Cancellation
WeightedAverageNumberOfSharesCommonStockSubjectToRepurchaseOrCancellation
3700000 shares
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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225400000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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181600000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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169700000 USD
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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8900000 USD
CY2018 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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11500000 USD
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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9600000 USD
CY2019 biib Share Based Compensation Expense Included In Costs And Expenses
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216500000 USD
CY2018 biib Share Based Compensation Expense Included In Costs And Expenses
ShareBasedCompensationExpenseIncludedInCostsAndExpenses
170100000 USD
CY2017 biib Share Based Compensation Expense Included In Costs And Expenses
ShareBasedCompensationExpenseIncludedInCostsAndExpenses
160100000 USD
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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210400000 USD
CY2019 biib Weighted Average Period To Recognize Cost Of Nonvested Awards
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P1Y10M24D
CY2019 biib Number Of Share Based Compensation Plans Pursuant To Which Awards Are Currently Being Made
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3 Plan
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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9600000 USD
CY2019 biib Share Based Compensation Expense Included In Costs And Expenses
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216500000 USD
CY2018 biib Share Based Compensation Expense Included In Costs And Expenses
ShareBasedCompensationExpenseIncludedInCostsAndExpenses
170100000 USD
CY2017 biib Share Based Compensation Expense Included In Costs And Expenses
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160100000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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35700000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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27500000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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42800000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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225400000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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181600000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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169700000 USD
CY2019 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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8900000 USD
CY2018 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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11500000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
27000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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53.82
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period
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0 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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0
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
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15000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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50.03
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
0 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
12000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
58.46
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4200000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4000000.0 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
3400000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
2900000 USD
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P0Y2M12D
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
2500000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
2200000 USD
CY2017 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
3400000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
400000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
800000 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
700000 USD
CY2019 us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
6200000 shares
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
4725300000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3877000000.0 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
3540400000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2400600000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2022600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
1588400000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7125900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5899600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5128800000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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947400000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
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1131800000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
2201400000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
59100000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
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45500000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-62000000.0 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
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57000000.0 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
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84400000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
140000000.0 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
108600000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1090900000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1317300000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
2367000000.0 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
241000000.0 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-2300000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-7400000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
9900000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-1074500000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
177700000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-159200000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
67100000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
108300000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
91700000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1158000000.0 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1425600000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2458700000 USD
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.35
CY2019 us-gaap Income Taxes Paid
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87000000.0 USD
CY2019Q4 biib Deferredtaxliabilitiestemporarydifferencespurchaseaccountingforeignsubsidiaries
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1500000000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Impairment Losses
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48800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
106600000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
102800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
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162000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
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163900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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3380000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Goodwill And Intangible Assets
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2298600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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130400000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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213100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
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23800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
25800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
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103700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
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38900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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1100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
20000000.0 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
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3905400000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
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2823100000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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350300000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
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232800000 USD
CY2019Q4 biib Deferredtaxliabilities Gilt Itaxcalculation
DeferredtaxliabilitiesGILTItaxcalculation
-1381600000 USD
CY2018Q4 biib Deferredtaxliabilities Gilt Itaxcalculation
DeferredtaxliabilitiesGILTItaxcalculation
-544600000 USD
CY2019Q4 biib Deferred Tax Liabilities Tax Credit Carryforwards
DeferredTaxLiabilitiesTaxCreditCarryforwards
-1617200000 USD
CY2018Q4 biib Deferred Tax Liabilities Tax Credit Carryforwards
DeferredTaxLiabilitiesTaxCreditCarryforwards
-1425700000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.002
CY2018 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.003
CY2017 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Other
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0.007
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
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0
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.021
CY2019Q4 biib Deferred Tax Liabilities Depreciation Amortization Other
DeferredTaxLiabilitiesDepreciationAmortizationOther
135000000.0 USD
CY2018Q4 biib Deferred Tax Liabilities Depreciation Amortization Other
DeferredTaxLiabilitiesDepreciationAmortizationOther
102300000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
3484100000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
2305400000 USD
CY2019Q4 biib Totaldeferredchargesandprepaidtaxes
Totaldeferredchargesandprepaidtaxes
243800000 USD
CY2018Q4 biib Totaldeferredchargesandprepaidtaxes
Totaldeferredchargesandprepaidtaxes
239200000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.210
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
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0.350
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.008
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
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0.006
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.008
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.045
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.019
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
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-0.111
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Credits
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