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Revenues
6 Months Ended
Jun. 30, 2018
Revenue from Contract with Customer [Abstract]  
Revenues
Revenues
Revenues by product and by geographic area
We operate in one business segment: human therapeutics. Therefore, results of our operations are reported on a consolidated basis for purposes of segment reporting, consistent with internal management reporting. Revenues by product and by geographic area, based on customers’ locations, are presented below. Rest-of-world (ROW) revenues relate to products that are sold principally in Europe. Revenues were as follows (in millions):
 
 
Three months ended June 30,
 
 
2018
 
2017
 
 
US
 
ROW
 
Total
 
US
 
ROW
 
Total
Enbrel®
 
1,252

 
50

 
1,302

 
1,411

 
55

 
1,466

Neulasta®
 
948

 
152

 
1,100

 
937

 
150

 
1,087

Prolia®
 
396

 
214

 
610

 
326

 
179

 
505

Aranesp®
 
241

 
231

 
472

 
288

 
247

 
535

Sensipar® / Mimpara®
 
330

 
90

 
420

 
342

 
85

 
427

XGEVA®
 
339

 
113

 
452

 
292

 
103

 
395

EPOGEN®
 
250

 

 
250

 
292

 

 
292

Other products
 
611

 
462

 
1,073

 
498

 
369

 
867

Total product sales(1)
 
$
4,367

 
$
1,312

 
$
5,679

 
$
4,386

 
$
1,188

 
$
5,574

Other revenues
 
 
 
 
 
380

 
 
 
 
 
236

   Total revenues(2)
 
 
 
 
 
$
6,059

 
 
 
 
 
$
5,810

 
 
Six months ended June 30,
 
 
2018
 
2017
 
 
US
 
ROW
 
Total
 
US
 
ROW
 
Total
Enbrel®
 
2,302

 
105

 
2,407

 
2,529

 
118

 
2,647

Neulasta®
 
1,957

 
298

 
2,255

 
1,985

 
312

 
2,297

Prolia®
 
716

 
388

 
1,104

 
605

 
325

 
930

Aranesp®
 
466

 
460

 
926

 
566

 
480

 
1,046

Sensipar® / Mimpara®
 
739

 
178

 
917

 
679

 
169

 
848

XGEVA®
 
671

 
226

 
897

 
590

 
207

 
797

EPOGEN®
 
494

 

 
494

 
562

 

 
562

Other products
 
1,169

 
853

 
2,022

 
965

 
681

 
1,646

Total product sales(1)
 
$
8,514

 
$
2,508

 
$
11,022

 
$
8,481

 
$
2,292

 
$
10,773

Other revenues
 
 
 
 
 
591

 
 
 
 
 
501

   Total revenues(2)
 
 
 
 
 
$
11,613

 
 
 
 
 
$
11,274

____________ 
(1) 
Total product sales includes $20 million related to hedging losses and $33 million related to hedging gains for the three months ended June 30, 2018 and 2017, respectively. Total product sales includes $54 million related to hedging losses and $90 million related to hedging gains for the six months ended June 30, 2018 and 2017, respectively.
(2) 
Prior-period amounts are not adjusted under the modified-retrospective method of adoption.
Financing and payment
Our payment terms vary by types and locations of customers and the products or services offered. Payment terms differ by jurisdiction and customer, but payment is generally required in a term ranging from 30 to 120 days from date of shipment or satisfaction of the performance obligation.
For certain products or services and certain customer types, we may require payment before products are delivered or services are rendered to customers.
Optional exemptions
We do not disclose the value of unsatisfied performance obligations for (i) contracts with original expected lengths of one year or less or (ii) contracts for which we recognize revenue at the amount to which we have the right to invoice for the services performed.