XML 91 R63.htm IDEA: XBRL DOCUMENT v3.22.0.1

Financial Instruments (Schedule of Fair Value Measurement) (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Statement [Line Items]
Noncurrent investments	$ 3,212.6	$ 2,966.8
Carrying Amount
Statement [Line Items]
Cash equivalents	2,379.5	2,097.9
Short-term investments	90.1	24.2
Equity investments without readily determinable fair values	548.1	373.9
Noncurrent investments	3,212.6	2,966.8
Cost
Statement [Line Items]
Cash equivalents	2,379.5	2,097.9
Fair Value
Statement [Line Items]
Cash equivalents	2,379.5	2,097.9
Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Statement [Line Items]
Cash equivalents	2,361.0	2,097.9
Fair Value | Significant Other Observable Inputs (Level 2)
Statement [Line Items]
Cash equivalents	18.5	0.0
Fair Value | Significant Unobservable Inputs (Level 3)
Statement [Line Items]
Cash equivalents	0.0	0.0
U.S. government and agency securities | Carrying Amount
Statement [Line Items]
Short-term investments	25.7	9.9
Noncurrent investments	137.0	78.7
U.S. government and agency securities | Cost
Statement [Line Items]
Short-term investments	25.6	9.9
Noncurrent investments	136.8	74.3
U.S. government and agency securities | Fair Value
Statement [Line Items]
Short-term investments	25.7	9.9
Noncurrent investments	137.0	78.7
U.S. government and agency securities | Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Statement [Line Items]
Short-term investments	25.7	9.9
Noncurrent investments	137.0	78.7
U.S. government and agency securities | Fair Value | Significant Other Observable Inputs (Level 2)
Statement [Line Items]
Short-term investments	0.0	0.0
Noncurrent investments	0.0	0.0
U.S. government and agency securities | Fair Value | Significant Unobservable Inputs (Level 3)
Statement [Line Items]
Short-term investments	0.0	0.0
Noncurrent investments	0.0	0.0
Corporate debt securities | Carrying Amount
Statement [Line Items]
Short-term investments	43.7	2.8
Noncurrent investments	235.3	137.0
Corporate debt securities | Cost
Statement [Line Items]
Short-term investments	43.7	2.8
Noncurrent investments	232.7	126.8
Corporate debt securities | Fair Value
Statement [Line Items]
Short-term investments	43.7	2.8
Noncurrent investments	235.3	137.0
Corporate debt securities | Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Statement [Line Items]
Short-term investments	0.0	0.0
Noncurrent investments	0.0	0.0
Corporate debt securities | Fair Value | Significant Other Observable Inputs (Level 2)
Statement [Line Items]
Short-term investments	43.7	2.8
Noncurrent investments	235.3	137.0
Corporate debt securities | Fair Value | Significant Unobservable Inputs (Level 3)
Statement [Line Items]
Short-term investments	0.0	0.0
Noncurrent investments	0.0	0.0
Mortgage-backed securities | Carrying Amount
Statement [Line Items]
Short-term investments	0.2
Noncurrent investments	109.8	106.4
Mortgage-backed securities | Cost
Statement [Line Items]
Short-term investments	0.2
Noncurrent investments	108.1	101.4
Mortgage-backed securities | Fair Value
Statement [Line Items]
Short-term investments	0.2
Noncurrent investments	109.8	106.4
Mortgage-backed securities | Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Statement [Line Items]
Short-term investments	0.0
Noncurrent investments	0.0	0.0
Mortgage-backed securities | Fair Value | Significant Other Observable Inputs (Level 2)
Statement [Line Items]
Short-term investments	0.2
Noncurrent investments	109.8	106.4
Mortgage-backed securities | Fair Value | Significant Unobservable Inputs (Level 3)
Statement [Line Items]
Short-term investments	0.0
Noncurrent investments	0.0	0.0
Asset-backed securities | Carrying Amount
Statement [Line Items]
Short-term investments	6.2	1.2
Noncurrent investments	23.1	24.3
Asset-backed securities | Cost
Statement [Line Items]
Short-term investments	6.2	1.2
Noncurrent investments	23.1	23.7
Asset-backed securities | Fair Value
Statement [Line Items]
Short-term investments	6.2	1.2
Noncurrent investments	23.1	24.3
Asset-backed securities | Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Statement [Line Items]
Short-term investments	0.0	0.0
Noncurrent investments	0.0	0.0
Asset-backed securities | Fair Value | Significant Other Observable Inputs (Level 2)
Statement [Line Items]
Short-term investments	6.2	1.2
Noncurrent investments	23.1	24.3
Asset-backed securities | Fair Value | Significant Unobservable Inputs (Level 3)
Statement [Line Items]
Short-term investments	0.0	0.0
Noncurrent investments	0.0	0.0
Other securities | Carrying Amount
Statement [Line Items]
Short-term investments	14.3	10.3
Other securities | Cost
Statement [Line Items]
Short-term investments	14.3	10.3
Other securities | Fair Value
Statement [Line Items]
Short-term investments	14.3	10.3
Other securities | Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Statement [Line Items]
Short-term investments	0.0	0.0
Other securities | Fair Value | Significant Other Observable Inputs (Level 2)
Statement [Line Items]
Short-term investments	0.0	0.0
Other securities | Fair Value | Significant Unobservable Inputs (Level 3)
Statement [Line Items]
Short-term investments	14.3	10.3
Other securities | Carrying Amount
Statement [Line Items]
Equity securities	108.1	110.5
Other securities | Cost
Statement [Line Items]
Equity securities	22.2	31.8
Other securities | Fair Value
Statement [Line Items]
Equity securities	108.1	110.5
Other securities | Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Statement [Line Items]
Equity securities	0.0	0.0
Other securities | Fair Value | Significant Other Observable Inputs (Level 2)
Statement [Line Items]
Equity securities	0.0	0.0
Other securities | Fair Value | Significant Unobservable Inputs (Level 3)
Statement [Line Items]
Equity securities	108.1	110.5
Marketable equity securities | Carrying Amount
Statement [Line Items]
Equity securities	1,279.7	1,664.2
Marketable equity securities | Cost
Statement [Line Items]
Equity securities	487.0	311.6
Marketable equity securities | Fair Value
Statement [Line Items]
Equity securities	1,279.7	1,664.2
Marketable equity securities | Fair Value | Quoted Prices in Active Markets for Identical Assets (Level 1)
Statement [Line Items]
Equity securities	1,279.7	1,664.2
Marketable equity securities | Fair Value | Significant Other Observable Inputs (Level 2)
Statement [Line Items]
Equity securities	0.0	0.0
Marketable equity securities | Fair Value | Significant Unobservable Inputs (Level 3)
Statement [Line Items]
Equity securities	0.0	0.0
Equity method investments | Carrying Amount
Statement [Line Items]
Equity method investments	$ 771.5	$ 471.8

X

- Definition

Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), classified as current.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=124258926&loc=SL82898722-210454

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124260329&loc=d3e26626-111562

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesDebtSecuritiesCurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale), classified as noncurrent.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 326
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=124258926&loc=SL82898722-210454

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 320
-SubTopic 10
-Section 45
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=124260329&loc=d3e26626-111562

+ Details

Name:	us-gaap_AvailableForSaleSecuritiesDebtSecuritiesNoncurrent
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Fair value portion of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

+ References

No definition available.

+ Details

Name:	us-gaap_CashAndCashEquivalentsFairValueDisclosure
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI), classified as current.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=123594786&loc=SL75136599-209740

+ Details

Name:	us-gaap_EquitySecuritiesFvNi
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of investment in equity security without readily determinable fair value.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 321
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=123583765&loc=SL75117539-209714

+ Details

Name:	us-gaap_EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
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_FairValueBalanceSheetGroupingFinancialStatementCaptionsLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The total amount of investments that are intended to be held for an extended period of time (longer than one operating cycle).

+ 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 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_LongTermInvestments
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Amount of long-term investments classified as other.

+ 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 210.7-03.1(f))
-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 210.5-02.12)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

+ Details

Name:	us-gaap_OtherLongTermInvestments
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Details

Name:	us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByMeasurementBasisAxis=us-gaap_PortionAtOtherThanFairValueFairValueDisclosureMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel3Member
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_USGovernmentAgenciesDebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_CorporateDebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_MortgageBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_AssetBackedSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=us-gaap_OtherDebtSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lly_OtherEquitySecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lly_MarketableSecuritiesMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_FinancialInstrumentAxis=lly_EquityMethodAndOtherInvestmentsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: