2019 Q3 Form 10-K Financial Statement

#000173910420000005 Filed on February 28, 2020

View on sec.gov

Income Statement

Concept 2019 Q3 2019 Q2 2019 Q1
Revenue $771.3M $781.6M $731.1M
YoY Change 1.34% 1.48% -0.69%
Cost Of Revenue $360.4M $356.0M $343.8M
YoY Change -2.54% -17.5% -4.5%
Gross Profit $410.9M $425.6M $387.3M
YoY Change 5.01% 25.66% 2.95%
Gross Profit Margin 53.27% 54.45% 52.97%
Selling, General & Admin $192.3M $200.9M $181.1M
YoY Change 7.43% 5.13% 0.61%
% of Gross Profit 46.8% 47.2% 46.76%
Research & Development $69.90M $68.80M $64.10M
YoY Change 18.68% 12.05% -1.69%
% of Gross Profit 17.01% 16.17% 16.55%
Depreciation & Amortization $78.70M $77.20M $75.20M
YoY Change 8.25% 2.52% 1.21%
% of Gross Profit 19.15% 18.14% 19.42%
Operating Expenses $262.2M $269.7M $245.2M
YoY Change 10.21% 6.81% 0.0%
Operating Profit $148.7M $155.9M $142.1M
YoY Change -3.06% 80.86% 8.47%
Interest Expense $18.70M $20.70M $20.80M
YoY Change 117.44%
% of Operating Profit 12.58% 13.28% 14.64%
Other Income/Expense, Net -$14.60M -$3.900M -$2.600M
YoY Change 197.96% -55.68% 36.84%
Pretax Income -$12.50M $50.20M $44.80M
YoY Change -115.86% -225.5% -42.19%
Income Tax -$22.50M $14.30M $13.30M
% Of Pretax Income 28.49% 29.69%
Net Earnings $10.00M $35.90M $31.50M
YoY Change -83.39% -157.17% -56.67%
Net Earnings / Revenue 1.3% 4.59% 4.31%
Basic Earnings Per Share $0.03 $0.10 $0.09
Diluted Earnings Per Share $0.03 $0.10 $0.09
COMMON SHARES
Basic Shares Outstanding 371.6M shares 365.7M shares 365.7M shares
Diluted Shares Outstanding 373.2M shares 367.0M shares 366.0M shares

Balance Sheet

Concept 2019 Q3 2019 Q2 2019 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $309.0M $385.0M $272.0M
YoY Change 3.0% 19.94%
Cash & Equivalents $309.2M $385.1M $272.1M
Short-Term Investments
Other Short-Term Assets $109.0M $114.0M $144.0M
YoY Change -85.62% 6.54%
Inventory $1.069B $1.053B $1.036B
Prepaid Expenses
Receivables $758.3M $757.2M $684.1M
Other Receivables $65.10M $74.30M $107.8M
Total Short-Term Assets $2.310B $2.384B $2.278B
YoY Change -14.55% 15.87%
LONG-TERM ASSETS
Property, Plant & Equipment $911.7M $931.1M $930.2M
YoY Change 0.26% 6.05%
Goodwill $2.946B $2.960B $2.933B
YoY Change -0.75%
Intangibles $2.435B $2.353B $2.387B
YoY Change -3.17%
Long-Term Investments $17.90M $16.30M $15.70M
YoY Change 19.33% 25.38%
Other Assets $220.2M $229.9M $219.3M
YoY Change 120.2% 41.04%
Total Long-Term Assets $6.513B $6.473B $6.469B
YoY Change 0.08% -0.71%
TOTAL ASSETS
Total Short-Term Assets $2.310B $2.384B $2.278B
Total Long-Term Assets $6.513B $6.473B $6.469B
Total Assets $8.824B $8.857B $8.747B
YoY Change -4.21% 3.26%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $206.1M $242.9M $252.1M
YoY Change 1.68% 25.21%
Accrued Expenses $113.0M $91.00M $86.00M
YoY Change 39.51% 40.0%
Deferred Revenue $182.2M $176.0M $171.7M
YoY Change 23.19%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $24.50M $27.10M $29.00M
YoY Change
Total Short-Term Liabilities $741.5M $777.5M $708.2M
YoY Change -40.46% 39.34%
LONG-TERM LIABILITIES
Long-Term Debt $2.336B $2.382B $2.437B
YoY Change -5.77%
Other Long-Term Liabilities $96.40M $175.7M $168.4M
YoY Change 7.71% -31.63%
Total Long-Term Liabilities $2.432B $2.558B $2.605B
YoY Change -5.3% 895.21%
TOTAL LIABILITIES
Total Short-Term Liabilities $741.5M $777.5M $708.2M
Total Long-Term Liabilities $2.432B $2.558B $2.605B
Total Liabilities $3.336B $3.591B $3.551B
YoY Change -18.12% 262.4%
SHAREHOLDERS EQUITY
Retained Earnings $93.80M $83.80M $47.90M
YoY Change
Common Stock $0.00 $0.00 $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.488B $5.266B $5.196B
YoY Change
Total Liabilities & Shareholders Equity $8.824B $8.857B $8.747B
YoY Change -4.21% 3.26%

Cashflow Statement

Concept 2019 Q3 2019 Q2 2019 Q1
OPERATING ACTIVITIES
Net Income $10.00M $35.90M $31.50M
YoY Change -83.39% -157.17% -56.67%
Depreciation, Depletion And Amortization $78.70M $77.20M $75.20M
YoY Change 8.25% 2.52% 1.21%
Cash From Operating Activities $39.60M $50.10M $8.100M
YoY Change -75.84% -63.4% -82.77%
INVESTING ACTIVITIES
Capital Expenditures -$34.20M -$21.30M $28.00M
YoY Change 92.13% -10.5% -14.37%
Acquisitions
YoY Change
Other Investing Activities -$48.80M -$25.20M $500.0K
YoY Change 1255.56% -3700.0% -70.59%
Cash From Investing Activities -$83.00M -$46.50M -$31.00M
YoY Change 287.85% 101.3% -9.88%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -48.80M 89.70M -$339.5M
YoY Change -110.82% -290.04% 343.79%
NET CHANGE
Cash From Operating Activities 39.60M 50.10M $8.100M
Cash From Investing Activities -83.00M -46.50M -$31.00M
Cash From Financing Activities -48.80M 89.70M -$339.5M
Net Change In Cash -92.20M 93.30M -$376.9M
YoY Change -115.54% 40.09% 528.17%
FREE CASH FLOW
Cash From Operating Activities $39.60M $50.10M $8.100M
Capital Expenditures -$34.20M -$21.30M $28.00M
Free Cash Flow $73.80M $71.40M -$19.90M
YoY Change -59.38% -55.57% -239.16%

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CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-60700000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
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-13400000 USD
CY2019 us-gaap Share Based Compensation
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49400000 USD
CY2018 us-gaap Share Based Compensation
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26000000.0 USD
CY2017 us-gaap Share Based Compensation
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25000000.0 USD
CY2019 elan Asset Impairment Charges Including Inventory Write Down
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32600000 USD
CY2018 elan Asset Impairment Charges Including Inventory Write Down
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120500000 USD
CY2017 elan Asset Impairment Charges Including Inventory Write Down
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110600000 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
800000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
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19600000 USD
CY2019 us-gaap Other Operating Activities Cash Flow Statement
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-12700000 USD
CY2018 us-gaap Other Operating Activities Cash Flow Statement
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49000000.0 USD
CY2017 us-gaap Other Operating Activities Cash Flow Statement
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10000000.0 USD
CY2019 us-gaap Increase Decrease In Accounts And Other Receivables
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172400000 USD
CY2018 us-gaap Increase Decrease In Accounts And Other Receivables
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122000000.0 USD
CY2017 us-gaap Increase Decrease In Accounts And Other Receivables
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-48400000 USD
CY2019 us-gaap Increase Decrease In Inventories
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33100000 USD
CY2018 us-gaap Increase Decrease In Inventories
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20100000 USD
CY2017 us-gaap Increase Decrease In Inventories
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39000000.0 USD
CY2019 us-gaap Increase Decrease In Other Operating Assets
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-7000000.0 USD
CY2018 us-gaap Increase Decrease In Other Operating Assets
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3200000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
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-52500000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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-29200000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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116100000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Other Operating Liabilities
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-8400000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
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224100000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
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487300000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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173800000 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
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140400000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
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134500000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
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98600000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
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300000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
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9400000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
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37600000 USD
CY2019 us-gaap Payments To Acquire Software
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57000000.0 USD
CY2018 us-gaap Payments To Acquire Software
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2000000.0 USD
CY2017 us-gaap Payments To Acquire Software
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18500000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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32800000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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0 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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882100000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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4900000 USD
CY2018 us-gaap Payments For Proceeds From Other Investing Activities
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CY2017 us-gaap Payments For Proceeds From Other Investing Activities
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3000000.0 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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-234800000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
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-127000000.0 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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-964600000 USD
CY2019 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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0 USD
CY2018 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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2500000000.0 USD
CY2017 us-gaap Proceeds From Issuance Of Senior Long Term Debt
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0 USD
CY2019 us-gaap Repayments Of Senior Debt
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121100000 USD
CY2018 us-gaap Repayments Of Senior Debt
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7500000 USD
CY2017 us-gaap Repayments Of Senior Debt
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0 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
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1659700000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
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0 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
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0 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
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CY2017 us-gaap Payments Of Debt Issuance Costs
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0 USD
CY2019 elan Payments Of Separation Related Costs Financing Activities
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191600000 USD
CY2018 elan Payments Of Separation Related Costs Financing Activities
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3991300000 USD
CY2017 elan Payments Of Separation Related Costs Financing Activities
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0 USD
CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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1600000 USD
CY2018 us-gaap Proceeds From Payments For Other Financing Activities
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-17200000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
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-800000 USD
CY2019 elan Proceeds From Payments To Transactions With Parent
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6300000 USD
CY2018 elan Proceeds From Payments To Transactions With Parent
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-154400000 USD
CY2017 elan Proceeds From Payments To Transactions With Parent
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848300000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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-304800000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
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-35200000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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847500000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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-16900000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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29000000.0 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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7900000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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-332400000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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354100000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
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64600000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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677500000 USD
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323400000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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258800000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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345100000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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677500000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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323400000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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334000000.0 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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474800000 USD
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CY2019Q4 us-gaap Restricted Cash Current
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CY2018Q4 us-gaap Restricted Cash Current
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202700000 USD
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CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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345100000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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323400000 USD
CY2019Q4 elan Number Of Brands In Entitys Portfolio
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125 brand
CY2019Q4 us-gaap Number Of Countries In Which Entity Operates
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90 country
CY2019 us-gaap Basis Of Accounting
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Basis of Presentation <div style="text-indent:9pt;text-align:justify;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">We have prepared the accompanying consolidated and combined financial statements in accordance with accounting principles generally accepted in the United States (GAAP). In our opinion, the financial statements reflect all adjustments (including those that are normal and recurring) that are necessary for fair presentation of the results of operations for the periods shown. The accounts of all wholly-owned and majority-owned subsidiaries are included in the consolidated financial statements, and all intercompany balances and transactions have been eliminated. </span></div><div style="text-indent:9pt;text-align:justify;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Certain reclassifications have been made to prior periods in the unaudited condensed consolidated and combined financial statements and accompanying notes to conform with current presentation.</span></div><div style="text-indent:9pt;text-align:justify;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">In preparing financial statements in conformity with GAAP, we must make estimates and assumptions that affect the reported amounts of assets, liabilities, revenue, expenses, and related disclosures at the date of the financial statements and during the reporting period. Actual results could differ from those estimates. We issued our financial statements by filing with the Securities and Exchange Commission and have evaluated subsequent events up to the time of the filing. </span></div><div style="text-indent:9pt;text-align:justify;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">For the periods after Separation, the financial statements are prepared on a consolidated basis and reflect the results of operations, comprehensive income, financial position, equity and cash flows resulting from our operations as an independent company. For periods prior to Separation, our financial statements are combined, have been prepared on a standalone basis, and are derived from Lilly's consolidated financial statements and accounting records. The consolidated and combined financial statements reflect the financial position, results of operations and cash flows related to the animal health businesses that were transferred to Elanco Parent and are prepared in conformity with GAAP. </span></div><div style="text-indent:9pt;text-align:justify;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The combined financial statements include the attribution of certain assets and liabilities that historically have been held at the Lilly corporate level but which are specifically identifiable or attributable to the businesses that have been transferred to Elanco Parent. All intercompany transactions and accounts within Elanco have been eliminated. All transactions between us and Lilly are considered to be effectively settled in the combined financial statements at the time the intercompany transaction is recorded. The total net effect of the settlement of these intercompany transactions is reflected in the combined statements of cash flows as a financing activity and in the consolidated and combined statement of equity as net parent company investment.</span></div><div style="text-indent:9pt;text-align:justify;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Prior to Separation, these combined financial statements include an allocation of expenses related to certain Lilly corporate functions, including executive oversight, treasury, legal, finance, human resources, tax, internal audit, financial reporting, information technology and investor relations, prior to IPO. These expenses were allocated to us based on direct usage or benefit where specifically identifiable, with the remainder allocated primarily on a pro rata basis of revenue, headcount and other measures. We consider the expenses methodology and results to be reasonable for all periods presented. However, the allocations may not be indicative of the actual expense that would have been incurred had we operated as an independent, publicly traded company for the periods presented. It is impractical to estimate what the standalone costs of Elanco would have been in the historical periods. After the Separation, a TSA between Lilly and Elanco went into effect. Under the terms of the TSA, we will be able to use these Lilly services for a fixed term established on a service-by-service basis. We are paying Lilly mutually agreed upon fees for the Lilly services provided under the TSA. Our consolidated and combined financial statements reflect the charges for Lilly services after the IPO. See Note 20: Related Party Agreements and Transactions for additional details.</span></div><div style="text-indent:9pt;text-align:justify;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The income tax amounts in the combined financial statements have been calculated based on a separate return methodology and presented as if our operations were separate taxpayers in the respective jurisdictions. We file income tax returns in the U.S. federal jurisdiction and various state, local and non-U.S. jurisdictions. Prior to full separation, certain of these income tax returns were filed on a consolidated or combined basis with Eli Lilly and Company and/or its subsidiaries.</span></div><div style="text-indent:9pt;text-align:justify;margin-bottom:12pt;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Prior to Separation, Lilly maintained various benefit and combined stock-based compensation plans at a corporate level and other benefit plans at a country level. Our employees participated in such programs and the portion of the cost of those plans related to our employees is included in our financial statements. However, the consolidated balance sheets do not include any equity issued related to stock-based compensation plans or any net benefit plan obligations unless the benefit plan covers only our dedicated employees or where the legal obligation associated with the benefit plan transferred to Elanco. Upon Lilly's full divestiture of Elanco in March 2019, all Lilly share-based awards held by our employees were converted into awards that will be settled in Elanco shares.</span></div><div style="text-indent:9pt;text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">Prior to Separation, the equity balance in the combined financial statements represents the excess of total assets over liabilities, including intercompany balances between Elanco and Lilly (net parent company investment) and accumulated other comprehensive income (loss). Net parent company investment is primarily impacted by contributions from Lilly which are the result of treasury activities and net funding provided by or distributed to Lilly. See Note 20: Related Party Agreements and Transactions for further information.</span></div>
CY2018Q3 elan Stockholders Equity Separation Adjustments
StockholdersEquitySeparationAdjustments
99600000 USD
CY2019 us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
Payment terms differ by jurisdiction and customer, but payment terms in most of our major jurisdictions typically range from 30 to 120 days from date of shipment.
CY2019 elan Contract With Customer Rebate Period
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P6M
CY2018Q4 us-gaap Contract With Customer Liability
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114800000 USD
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
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316300000 USD
CY2018 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
221000000.0 USD
CY2019 elan Contract With Customer Liability Increase From Cash Receipts
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284400000 USD
CY2018 elan Contract With Customer Liability Increase From Cash Receipts
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CY2019Q4 us-gaap Contract With Customer Liability
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150400000 USD
CY2018Q4 us-gaap Contract With Customer Liability
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118500000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2018 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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3066800000 USD
CY2017 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
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CY2019 us-gaap Severance Costs1
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8200000 USD
CY2018 us-gaap Severance Costs1
SeveranceCosts1
15500000 USD
CY2017 us-gaap Severance Costs1
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162000000.0 USD
CY2019 us-gaap Business Exit Costs1
BusinessExitCosts1
0 USD
CY2018 us-gaap Business Exit Costs1
BusinessExitCosts1
5700000 USD
CY2017 us-gaap Business Exit Costs1
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31800000 USD
CY2019 us-gaap Business Combination Integration Related Costs
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144700000 USD
CY2018 us-gaap Business Combination Integration Related Costs
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26500000 USD
CY2017 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
90300000 USD
CY2019 us-gaap Asset Impairment Charges
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15400000 USD
CY2018 us-gaap Asset Impairment Charges
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81900000 USD
CY2017 us-gaap Asset Impairment Charges
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110600000 USD
CY2019 us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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17200000 USD
CY2018 us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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CY2017 us-gaap Disposal Group Not Discontinued Operation Loss Gain On Write Down
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0 USD
CY2019 us-gaap Gain Loss On Disposition Of Assets
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0 USD
CY2018 us-gaap Gain Loss On Disposition Of Assets
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800000 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets
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19600000 USD
CY2019 us-gaap Restructuring Settlement And Impairment Provisions
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185500000 USD
CY2018 us-gaap Restructuring Settlement And Impairment Provisions
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128800000 USD
CY2017 us-gaap Restructuring Settlement And Impairment Provisions
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375100000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
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11200000 USD
CY2017Q4 us-gaap Restructuring Reserve
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78000000.0 USD
CY2018 us-gaap Restructuring Charges
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27200000 USD
CY2018 elan Restructuring Reserve Separation Adjustment
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-5900000 USD
CY2018 us-gaap Restructuring Reserve Accrual Adjustment1
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-6000000.0 USD
CY2018 us-gaap Payments For Restructuring
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48900000 USD
CY2018Q4 us-gaap Restructuring Reserve
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44400000 USD
CY2019 us-gaap Restructuring Charges
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19300000 USD
CY2019 us-gaap Restructuring Reserve Accrual Adjustment1
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-11100000 USD
CY2019 us-gaap Payments For Restructuring
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31700000 USD
CY2019Q4 us-gaap Restructuring Reserve
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20900000 USD
CY2019Q4 us-gaap Inventory Finished Goods
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CY2018Q4 us-gaap Inventory Finished Goods
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400700000 USD
CY2019Q4 us-gaap Inventory Work In Process
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CY2018Q4 us-gaap Inventory Work In Process
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CY2019Q4 us-gaap Inventory Raw Materials And Supplies
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83900000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies
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CY2019Q4 us-gaap Inventory Gross
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CY2018Q4 us-gaap Inventory Gross
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1051500000 USD
CY2019Q4 us-gaap Inventory Lifo Reserve
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39300000 USD
CY2018Q4 us-gaap Inventory Lifo Reserve
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47400000 USD
CY2019Q4 us-gaap Inventory Net
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CY2018Q4 us-gaap Inventory Net
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1004100000 USD
CY2019Q4 us-gaap Lifo Inventory Amount
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197200000 USD
CY2018Q4 us-gaap Lifo Inventory Amount
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194800000 USD
CY2018 us-gaap Inventory Write Down
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38600000 USD
CY2019Q4 us-gaap Deferred Finance Costs Net
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16800000 USD
CY2018Q4 us-gaap Deferred Finance Costs Net
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20700000 USD
CY2019Q4 us-gaap Long Term Debt
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1086800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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2433400000 USD
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CY2018Q4 us-gaap Long Term Debt
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2472300000 USD
CY2019Q4 us-gaap Long Term Debt Current
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24500000 USD
CY2018Q4 us-gaap Long Term Debt Current
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29000000.0 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
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2330500000 USD
CY2018Q4 us-gaap Long Term Debt Noncurrent
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2443300000 USD
CY2019Q4 us-gaap Equity Method Investments
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18800000 USD
CY2018Q4 us-gaap Equity Method Investments
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15300000 USD
CY2019Q4 us-gaap Goodwill
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3000000000.0 USD
CY2018Q4 us-gaap Goodwill
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3000000000.0 USD
CY2018 us-gaap Goodwill Impairment Loss
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0 USD
CY2019 us-gaap Goodwill Impairment Loss
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0 USD
CY2017 us-gaap Goodwill Impairment Loss
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0 USD
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3520200000 USD
CY2019 us-gaap Short Term Lease Cost
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500000 USD
CY2019 us-gaap Variable Lease Cost
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2500000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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862700000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
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2485200000 USD
CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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3569600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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1086800000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
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2482800000 USD
CY2018Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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3367500000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
862700000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
2504800000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
11400000 USD
CY2019 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
11400000 USD
CY2018 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
22500000 USD
CY2018 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
9500000 USD
CY2018 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
13000000.0 USD
CY2017 us-gaap Impairment Of Intangible Assets Excluding Goodwill
ImpairmentOfIntangibleAssetsExcludingGoodwill
94500000 USD
CY2017 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
56500000 USD
CY2017 us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
38000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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206200000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
205400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
203300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
203000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
203000000.0 USD
CY2019Q4 elan Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
500000 USD
CY2019Q4 elan Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
1885800000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
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1801000000.0 USD
CY2019Q4 elan Property Plant And Equipment And Finance Lease Right Of Use Asset Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization
930500000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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878600000 USD
CY2019Q4 elan Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
955300000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
922400000 USD
CY2019 us-gaap Depreciation
Depreciation
93700000 USD
CY2018 us-gaap Depreciation
Depreciation
81300000 USD
CY2017 us-gaap Depreciation
Depreciation
79800000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
26100000 USD
CY2019 us-gaap Lease Cost
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29100000 USD
CY2019 us-gaap Operating Lease Payments
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24000000.0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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20100000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y1M6D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.036
CY2018 us-gaap Lease And Rental Expense
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47500000 USD
CY2017 us-gaap Lease And Rental Expense
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47100000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
85000000.0 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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23700000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
61700000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
26000000.0 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
20300000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
11900000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
9700000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
7200000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
16500000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
91600000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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6200000 USD
CY2019Q4 us-gaap Operating Lease Liability
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85400000 USD
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
400000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
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31.61
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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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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100000 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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31.61
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
300000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
31.61
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y9M18D
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
0 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
0 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
0
CY2019Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
0 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.21
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.21
CY2019Q4 elan Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedWeightedAverageIntrinsicValue
0.10
CY2018Q4 elan Share Based Compensation Arrangement By Share Based Payment Award Options Exercised Weighted Average Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisedWeightedAverageIntrinsicValue
0
CY2019 us-gaap Proceeds From Stock Options Exercised
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1900000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
55500000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
12200000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-133200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
22700000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
101900000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
-99400000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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78200000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
114100000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-232600000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
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-5500000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
45100000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
13400000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
45500000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
91600000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
2300000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-2300000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-100000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
10200000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
88300000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
91500000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
14500000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
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CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
42600000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-7500000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-5600000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-16600000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-6900000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1700000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
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CY2019 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
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0 USD
CY2018 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
0 USD
CY2017 us-gaap Tax Cuts And Jobs Act Of2017 Incomplete Accounting Provisional Income Tax Expense Benefit
TaxCutsAndJobsActOf2017IncompleteAccountingProvisionalIncomeTaxExpenseBenefit
-33100000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
100000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-60700000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10300000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27600000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
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25300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
32200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
13700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
26900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
12800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
6200000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
69500000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
17400000 USD
CY2019Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
20100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Inventory
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18300000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
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24600000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Restructuring Charges
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6000000.0 USD
CY2019Q4 elan Deferred Tax Assets Operating Lease Right Of Use Liabilities
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20500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
2300000 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
20100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
188800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
127100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
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32700000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
21400000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
156100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
105700000 USD
CY2019Q4 elan Deferred Tax Liabilities Operating Lease Right Of Use Assets
DeferredTaxLiabilitiesOperatingLeaseRightOfUseAssets
20500000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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134500000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssets
130800000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
56400000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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50800000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Other
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600000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
2700000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
212000000.0 USD
CY2018Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
184300000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
55900000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
78600000 USD
CY2019Q4 us-gaap Tax Credit Carryforward Amount
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14000000.0 USD
CY2018Q3 elan Operating Loss Carryforwards Separation Adjustments
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133700000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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0 USD
CY2019Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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496700000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
42500000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
26900000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
35700000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
16400000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
24000000.0 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-81400000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
20700000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
20500000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
59800000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
2900000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
4400000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
5400000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
9800000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
17300000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
1800000 USD
CY2019 elan Effective Income Tax Rate Reconciliation Nondeductible Expense Employee Compensation
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4200000 USD
CY2018 elan Effective Income Tax Rate Reconciliation Nondeductible Expense Employee Compensation
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseEmployeeCompensation
-1900000 USD
CY2017 elan Effective Income Tax Rate Reconciliation Nondeductible Expense Employee Compensation
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseEmployeeCompensation
0 USD
CY2019 elan Effective Income Tax Rate Reconciliation Nondeductible Expense Stock Issuance Costs
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseStockIssuanceCosts
0 USD
CY2018 elan Effective Income Tax Rate Reconciliation Nondeductible Expense Stock Issuance Costs
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseStockIssuanceCosts
2300000 USD
CY2017 elan Effective Income Tax Rate Reconciliation Nondeductible Expense Stock Issuance Costs
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseStockIssuanceCosts
0 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-4200000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-1000000.0 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
800000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-14700000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-1700000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
6200000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-5200000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1700000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
122200000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-33100000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
10300000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
27600000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
78100000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12500000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
12000000.0 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
25700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
2200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
7900000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
1200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
4000000.0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
3000000.0 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
4000000.0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
500000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Foreign Currency Translation
UnrecognizedTaxBenefitsDecreasesResultingFromForeignCurrencyTranslation
0 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
8200000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
8200000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits That Would Impact Effective Tax Rate
UnrecognizedTaxBenefitsThatWouldImpactEffectiveTaxRate
12800000 USD
CY2018Q4 elan Unrecognized Tax Benefits That Would Not Impact Effective Tax Rate
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1900000 USD
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