XML 35 R26.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Stockholders' equity (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2017
Equity [Abstract] |
Share repurchase program activity | Activity under our stock repurchase program, on a trade date basis, was as follows (in millions):
| 2017 |  | 2016
| Shares |  | Dollars |  | Shares* |  | Dollars
First quarter | 3.4 |  |  | $ | 555 |  |  | 4.7 |  |  | $ | 690 |
Second quarter | 6.2 |  |  | 1,006 |  |  | 3.9 |  |  | 591 |
Third quarter | 4.4 |  |  | 769 |  |  | 4.4 |  |  | 747 |
Total stock repurchases | 14.0 |  |  | $ | 2,330 |  |  | 12.9 |  |  | $ | 2,028 |
* Shares do not foot due to rounding.
Components of accumulated other comprehensive income | The components of Accumulated other comprehensive income (loss) (AOCI) were as follows (in millions):
| Foreign currency translation |  | Cash flow hedges |  | Available-for-sale securities |  | Other |  | AOCI
Balance as of December 31, 2016 | $ | (610 | ) |  | $ | 282 |  |  | $ | (138 | ) |  | $ | (5 | ) |  | $ | (471 | )
Foreign currency translation adjustments | 21 |  |  | — |  |  | — |  |  | — |  |  | 21 |
Unrealized gains | — |  |  | 17 |  |  | 116 |  |  | — |  |  | 133 |
Reclassification adjustments to income | — |  |  | (131 | ) |  | 49 |  |  | — |  |  | (82 | )
Income taxes | 3 |  |  | 41 |  |  | (7 | ) |  | — |  |  | 37 |
Balance as of March 31, 2017 | (586 | ) |  | 209 |  |  | 20 |  |  | (5 | ) |  | (362 | )
Foreign currency translation adjustments | 37 |  |  | — |  |  | — |  |  | — |  |  | 37 |
Unrealized gains | — |  |  | 17 |  |  | 73 |  |  | — |  |  | 90 |
Reclassification adjustments to income | — |  |  | (330 | ) |  | 47 |  |  | — |  |  | (283 | )
Other | — |  |  | — |  |  | — |  |  | (1 | ) |  | (1 | )
Income taxes | (2 | ) |  | 112 |  |  | (40 | ) |  | — |  |  | 70 |
Balance as of June 30, 2017 | (551 | ) |  | 8 |  |  | 100 |  |  | (6 | ) |  | (449 | )
Foreign currency translation adjustments | 38 |  |  | — |  |  | — |  |  | — |  |  | 38 |
Unrealized gains | — |  |  | 65 |  |  | 41 |  |  | — |  |  | 106 |
Reclassification adjustments to income | — |  |  | (140 | ) |  | (26 | ) |  | — |  |  | (166 | )
Other | — |  |  | — |  |  | — |  |  | 6 |  |  | 6 |
Income taxes | 3 |  |  | 25 |  |  | (6 | ) |  | — |  |  | 22 |
Balance as of September 30, 2017 | $ | (510 | ) |  | $ | (42 | ) |  | $ | 109 |  |  | $ | — |  |  | $ | (443 | )
Reclassifications out of accumulated other comprehensive income | The reclassifications out of AOCI and into earnings were as follows (in millions):
|  | Amounts reclassified out of AOCI |  |
|  | Three months ended September 30, |  |
Components of AOCI |  | 2017 |  | 2016 |  | Line item affected in the Condensed Consolidated Statements of Income
Cash flow hedges: |  |  |  |  |  |
Foreign currency contract (losses) gains |  | $ | (2 | ) |  | $ | 67 |  |  | Product sales
Cross-currency swap contract gains (losses) |  | 143 |  |  | (1 | ) |  | Interest and other income, net
Forward interest rate contract losses |  | (1 | ) |  | (1 | ) |  | Interest expense, net
|  | 140 |  |  | 65 |  |  | Income before income taxes
|  | (49 | ) |  | (27 | ) |  | Provision for income taxes
|  | $ | 91 |  |  | $ | 38 |  |  | Net income
Available-for-sale securities: |  |  |  |  |  |
Net realized gains |  | $ | 26 |  |  | $ | 23 |  |  | Interest and other income, net
|  | (5 | ) |  | (8 | ) |  | Provision for income taxes
|  | $ | 21 |  |  | $ | 15 |  |  | Net income
|  | Amounts reclassified out of AOCI |  |
|  | Nine months ended September 30, |  |
Components of AOCI |  | 2017 |  | 2016 |  | Line item affected in the Condensed Consolidated Statements of Income
Cash flow hedges: |  |  |  |  |  |
Foreign currency contract gains |  | $ | 88 |  |  | $ | 242 |  |  | Product sales
Cross-currency swap contract gains (losses) |  | 514 |  |  | (143 | ) |  | Interest and other income, net
Forward interest rate contract losses |  | (1 | ) |  | (1 | ) |  | Interest expense, net
|  | 601 |  |  | 98 |  |  | Income before income taxes
|  | (213 | ) |  | (39 | ) |  | Provision for income taxes
|  | $ | 388 |  |  | $ | 59 |  |  | Net income
Available-for-sale securities: |  |  |  |  |  |
Net realized losses |  | $ | (70 | ) |  | $ | (30 | ) |  | Interest and other income, net
|  | (7 | ) |  | — |  |  | Provision for income taxes
|  | $ | (77 | ) |  | $ | (30 | ) |  | Net income

X
- Definition Stock Repurchase Program [Table Text Block] + References No definition available. + Details
Name: | amgn_StockRepurchaseProgramTableTextBlock
Namespace Prefix: | amgn_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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

X
- Definition Tabular disclosure of information about items reclassified out of accumulated other comprehensive income (loss). + References No definition available. + Details
Name: | us-gaap_ReclassificationOutOfAccumulatedOtherComprehensiveIncomeTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=84228862&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration