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Earnings per Share
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Earnings per Share
Earnings per Share
Basic and diluted earnings per share are calculated as follows:
 
For the Three Months
Ended March 31,
(In millions)
2015
 
2014
Numerator:
 
 
 
Net income attributable to Biogen Inc.
$
822.5

 
$
480.0

Denominator:
 
 
 
Weighted average number of common shares outstanding
235.0

 
236.8

Effect of dilutive securities:
 
 
 
Stock options and employee stock purchase plan
0.1

 
0.1

Time-vested restricted stock units
0.3

 
0.6

Market stock units
0.2

 
0.3

Dilutive potential common shares
0.6

 
1.0

Shares used in calculating diluted earnings per share
235.6

 
237.8


Amounts excluded from the calculation of net income per diluted share because their effects were anti-dilutive were insignificant.