XML 23 R13.htm IDEA: XBRL DOCUMENT
v3.25.1

Inventories | 3 Months Ended
--- | ---
Mar. 31, 2025
Inventory Disclosure [Abstract] |
Inventories | Inventories The following table summarizes components of inventories:
| March 31, 2025 |  | December 31, 2024
Finished products | $ | 1,298.2 |  |  | $ | 1,220.8 |
Work in process | 5,296.3 |  |  | 3,979.5 |
Raw materials and supplies | 2,687.2 |  |  | 2,326.0 |
Total (approximates replacement cost) | 9,281.7 |  |  | 7,526.3 |
Increase to last-in, first-out (LIFO) cost | 29.3 |  |  | 62.9 |
Inventories | $ | 9,311.0 |  |  | $ | 7,589.2 |
When we believe that future commercialization is probable and the future economic benefit is expected to be realized, we capitalize pre-launch inventory prior to regulatory approval. A number of factors are considered, including the current status in the regulatory approval process, potential impediments to the approval process such as safety or efficacy, viability of commercialization, and marketplace trends. Pre-launch inventories capitalized as of March 31, 2025 and December 31, 2024 were $601.4 million and $548.1 million, respectively, primarily related to orforglipron.

X
- References No definition available. + Details
Name: | us-gaap_InventoryDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 330 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/330/tableOfContent + Details
Name: | us-gaap_InventoryDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration