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Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Total Revenues $ 13,452.9 $ 12,273.9 $ 11,448.8
Cost and expenses:      
Cost of sales, excluding amortization and impairment of acquired intangible assets 1,816.3 1,630.0 1,478.7
Research and development 2,597.2 2,253.6 1,973.3
Selling, general and administrative 2,106.3 1,933.9 1,946.6
Amortization and impairment of acquired intangible assets 747.3 814.7 385.6
Collaboration profit (loss) sharing 185.0 112.3 10.2
Acquired in-process research and development 112.5 120.0 0.0
Restructuring charges 12.0 0.9 33.1
(Gain) loss on fair value remeasurement of contingent consideration (12.3) 62.7 14.8
TECFIDERA litigation settlement charge 0.0 0.0 454.8
Total cost and expenses 7,564.3 6,928.1 6,297.1
Income from operations 5,888.6 5,345.8 5,151.7
Other income (expense), net 11.0 (217.0) (218.7)
Income before income tax expense and equity in loss of investee, net of tax 5,899.6 5,128.8 4,933.0
Income tax expense 1,425.6 2,458.7 1,237.3
Equity in loss of investee, net of tax 0.0 0.0 0.0
Net income 4,474.0 2,670.1 3,695.7
Net income (loss) attributable to noncontrolling interests, net of tax 43.3 131.0 (7.1)
Net income attributable to Biogen Inc. $ 4,430.7 $ 2,539.1 $ 3,702.8
Net income per share:      
Basic earnings per share attributable to Biogen Inc. $ 21.63 $ 11.94 $ 16.96
Diluted earnings per share attributable to Biogen Inc. $ 21.58 $ 11.92 $ 16.93
Weighted-average shares used in calculating:      
Basic earnings per share attributable to Biogen Inc. 204.9 212.6 218.4
Diluted earnings per share attributable to Biogen Inc. 205.3 213.0 218.8
Product, net      
Total Revenues $ 10,886.8 $ 10,354.7 $ 9,817.9
Revenues from anti-cd20 therapeutic programs      
Total Revenues 1,980.2 1,559.2 1,314.5
Other revenue      
Total Revenues $ 585.9 $ 360.0 $ 316.4