XML 106 R81.htm IDEA: XBRL DOCUMENT
v3.20.4

Borrowings (Summary of Long-term Notes) (Details) - USD ($) $ in Millions | Dec. 31, 2020 | Aug. 31, 2020 | May 31, 2020 | Dec. 31, 2019 | Nov. 30, 2019 | Feb. 28, 2019
--- | --- | --- | --- | --- | --- | ---
Debt Instrument [Line Items] |  |  |  |  |  |
Long-term notes | $ 16,348.7 |  |  | $ 13,638.5 |  |
Unamortized note discounts | (76.7) |  |  | (55.8) |  |
Total long-term notes | $ 16,348.7 |  |  | 13,638.5 |  |
Senior Notes | 2.35% notes due 2022 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 2.35% |  |  |  |  |
Long-term notes, gross | $ 750.0 |  |  | 750.0 |  |
Senior Notes | 3.00% notes due 2022 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 3.00% |  |  |  |  |
Long-term notes, gross | $ 99.2 |  |  | 0.0 |  |
Senior Notes | 1.00% Euro denominated notes due 2022 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 1.00% |  |  |  |  |
Long-term notes, gross | $ 737.9 |  |  | 671.8 |  |
Senior Notes | 0.15% Swiss Franc denominated notes due 2024 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 0.15% |  |  |  |  |
Long-term notes, gross | $ 679.7 |  |  | 618.3 |  |
Senior Notes | 7.125% notes due 2025 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 7.125% |  |  |  |  |
Long-term notes, gross | $ 229.7 |  |  | 229.7 |  |
Senior Notes | 2.75% notes due 2025 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 2.75% |  |  |  |  |
Long-term notes, gross | $ 560.6 |  |  | 560.6 |  |
Senior Notes | 1.625% Euro denominated notes due 2026 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 1.625% |  |  |  |  |
Long-term notes, gross | $ 922.4 |  |  | 839.7 |  |
Senior Notes | 5.5% notes due 2027 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 5.50% |  |  |  |  |
Long-term notes, gross | $ 377.5 |  |  | 377.5 |  |
Senior Notes | 3.1% notes due 2027 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 3.10% |  |  |  |  |
Long-term notes, gross | $ 401.5 |  |  | 401.5 |  |
Senior Notes | 0.45% Swiss Franc denominated notes due 2028 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 0.45% |  |  |  |  |
Long-term notes, gross | $ 453.2 |  |  | 412.2 |  |
Senior Notes | 3.375% notes due 2029 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 3.375% |  |  |  |  | 3.375%
Long-term notes, gross | $ 1,150.0 |  |  | 1,150.0 |  |
Senior Notes | 0.42% Japanese Yen denominated notes due 2029 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 0.42% |  |  |  | 0.42% |
Long-term notes, gross | $ 222.4 |  |  | 209.9 |  |
Senior Notes | 2.125% Euro denominated notes due 2030 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 2.125% |  |  |  |  |
Long-term notes, gross | $ 922.4 |  |  | 839.7 |  |
Senior Notes | 0.625% Euro denominated notes due 2031 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 0.625% |  |  |  | 0.625% |
Long-term notes, gross | $ 737.9 |  |  | 671.8 |  |
Senior Notes | 0.56% Japanese Yen denominated notes due 2034 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 0.56% |  |  |  | 0.56% |
Long-term notes, gross | $ 90.0 |  |  | 85.0 |  |
Senior Notes | 6.77% notes due 2036 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 6.77% |  |  |  |  |
Long-term notes, gross | $ 174.4 |  |  | 174.4 |  |
Senior Notes | 5.55% notes due 2037 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 5.55% |  |  |  |  |
Long-term notes, gross | $ 476.2 |  |  | 476.2 |  |
Senior Notes | 5.95% notes due 2037 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 5.95% |  |  |  |  |
Long-term notes, gross | $ 284.1 |  |  | 284.1 |  |
Senior Notes | 3.875% notes due 2039 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 3.875% |  |  |  |  | 3.875%
Long-term notes, gross | $ 360.7 |  |  | 360.7 |  |
Senior Notes | 4.65% notes due 2044 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 4.65% |  |  |  |  |
Long-term notes, gross | $ 43.0 |  |  | 43.0 |  |
Senior Notes | 3.7% notes due 2045 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 3.70% |  |  |  |  |
Long-term notes, gross | $ 412.5 |  |  | 412.5 |  |
Senior Notes | 3.95% notes due 2047 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 3.95% |  |  |  |  |
Long-term notes, gross | $ 436.1 |  |  | 436.1 |  |
Senior Notes | 3.95% notes due 2049 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 3.95% |  |  |  |  | 3.95%
Long-term notes, gross | $ 1,500.0 |  |  | 1,500.0 |  |
Senior Notes | 1.7% Euro denominated notes due 2049 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 1.70% |  |  |  | 1.70% |
Long-term notes, gross | $ 1,229.9 |  |  | 1,119.6 |  |
Senior Notes | 0.97% Japanese Yen denominated notes due 2049 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 0.97% |  |  |  | 0.97% |
Long-term notes, gross | $ 74.1 |  |  | 70.0 |  |
Senior Notes | 2.25% notes due 2050 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 2.25% | 2.25% | 2.25% |  |  |
Long-term notes, gross | $ 1,250.0 |  |  | 0.0 |  |
Senior Notes | 4.15% notes due 2059 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 4.15% |  |  |  |  | 4.15%
Long-term notes, gross | $ 1,000.0 |  |  | 1,000.0 |  |
Senior Notes | 2.5% notes due 2060 |  |  |  |  |  |
Debt Instrument [Line Items] |  |  |  |  |  |
Stated interest rate | 2.50% | 2.50% |  |  |  |
Long-term notes, gross | $ 850.0 |  |  | $ 0.0 |  |

X
- Definition Amount, before unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(1) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Contractual interest rate for funds borrowed, under the debt agreement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt discount. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=119993939&loc=d3e28541-108399 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=114775985&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentUnamortizedDiscount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b)(3) -URI http://asc.fasb.org/extlink&oid=120520924&loc=SL6031897-161870 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
Name: | us-gaap_NotesPayable
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_SeniorNotesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A235NotesDue2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A30NotesDue2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A10EuroDenominatedNotesDue2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A015SwissFrancDenominatedNotesDue2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A7125NotesDue2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A275NotesDue2025Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A1625EuroDenominatedNotesDue2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A55NotesDue2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A31NotesDue2027Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A045SwissFrancDenominatedNotesDue2028Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A3375NotesDue2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A42YenDenominatedNotesDue2029Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A2125EuroDenominatedNotesDue2030Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A625EuroDeonominatedNotesDue2031Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A56YenDenominatedNotesDue2034Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A677NotesDue2036Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A555NotesDue2037Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A595NotesDue2037Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A3875NotesDue2039Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A465NotesDue2044Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A37NotesDue2045Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A395NotesDue2047Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A395NotesDue2049Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A17EuroDeonominatedNotesDue2049Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A97YenDeonominatedNotesDue2049Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A225NotesDue2050Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A415NotesDue2059Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=lly_A25NotesDue2060Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |