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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]        
Net sales $ 925.0 $ 1,086.9 $ 2,053.7 $ 2,079.9
Cost of sales 238.2 304.0 503.3 535.8
Gross profit 686.8 782.9 1,550.4 1,544.1
Selling, general, and administrative expenses 274.9 308.5 582.7 588.8
Research and development expenses 182.1 191.9 369.5 363.3
Intellectual property litigation expenses (Note 3) 379.9 7.0 392.4 11.6
Change in fair value of contingent consideration liabilities, net (Note 6) 19.6 8.0 17.4 14.7
Special charge (Note 4) 0.0 0.0 0.0 24.0
Operating (loss) income (169.7) 267.5 188.4 541.7
Interest income, net (1.8) (2.4) (6.3) (4.4)
Other expense (income), net 0.3 (1.4) (1.6) (3.2)
Consolidated pre-tax (loss) income (168.2) 271.3 196.3 549.3
(Benefit from) provision for income taxes (46.3) 29.0 7.6 57.3
Net (loss) income $ (121.9) $ 242.3 $ 188.7 $ 492.0
(Loss) earnings per share:        
Basic (in dollars per share) $ (0.20) $ 0.39 $ 0.30 $ 0.79
Diluted (in dollars per share) $ (0.20) $ 0.38 $ 0.30 $ 0.77
Weighted-average number of common shares outstanding:        
Basic (in shares) 620.3 624.4 622.5 624.1
Diluted (in shares) 620.3 636.2 627.7 636.4