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Acquisitions (Tables) | 6 Months Ended
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Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract] |
Schedule of Business Acquisitions, by Acquisition | The following table summarizes the total consideration and allocated acquisition date fair values of assets acquired and liabilities assumed, inclusive of measurement period adjustments (in millions):
|  | Amounts
Cash and cash equivalents |  | $ | 681 |
Inventories |  | 5,014 |
Property, plant and equipment, net |  | 318 |
Finite-lived intangible assets – developed-product-technology rights |  | 19,590 |
IPR&D |  | 1,060 |
Goodwill |  | 3,110 |
Deferred tax asset |  | 834 |
Deferred tax liability |  | (2,492) |
Other assets and liabilities, net |  | (282) |
Total assets acquired, net |  | $ | 27,833 |
Business Acquisition, Pro Forma Information | The following table presents the unaudited supplemental pro forma results of a hypothetical combined Amgen and Horizon entity for the three and six months ended June 30, 2023, as if the acquisition of Horizon had occurred on January 1, 2022 (in millions):
| Three months ended June 30, 2023 |  | Six months ended June 30, 2023
Total revenue | $ | 7,933 |  |  | $ | 14,874 |
Net income | $ | 434 |  |  | $ | 2,616 |

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- Definition Tabular disclosure of a material business combination completed during the period, including background, timing, and recognized assets and liabilities. This table does not include leveraged buyouts. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 3 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-3 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 805 -SubTopic 10 -Section 50 -Paragraph 2 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479328/805-10-50-2 + Details
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