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Other Consolidated Financial Statement Detail (Tables)
 12 Months Ended
Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Supplemental cash flow information
Supplemental disclosure of cash flow information for the years ended December 31, 2020, 2019 and 2018, is as follows:
 For the Years Ended December 31,
(In millions)202020192018
Cash paid during the year for:
Interest$272.7 $244.2 $243.2 
Income taxes906.7 1,064.5 1,007.1 
Other income (expense), net
Components of other income (expense), net, are summarized as follows:
 For the Years Ended December 31,
(In millions)202020192018
Interest income$42.0 $120.0 $112.5 
Interest expense(222.5)(187.4)(200.6)
Gain (loss) on investments, net685.7 204.7 119.5 
Foreign exchange gains (losses), net(10.7)(7.0)(9.9)
Other, net2.9 (47.0)(10.5)
Total other income (expense), net$497.4 $83.3 $11.0 
Gain (loss) on investments
The following table summarizes our gain (loss) on investments, net that relates to our equity securities held as of December 31, 2020, 2019 and 2018:
 For the Years Ended December 31,
(In millions)202020192018
Net gains (losses) recognized during the period on equity securities$693.9 $200.1 $127.9 
Less: Net gains (losses) recognized on equity securities sold during the period and on capital distributions12.1 50.0 (0.6)
Unrealized gains (losses) recognized during the period on equity securities$681.8 $150.1 $128.5 
Accrued expenses and other
Accrued expenses and other consists of the following:
 As of December 31,
(In millions)20202019
Revenue-related reserves for discounts and allowances$1,080.6 $1,001.1 
Collaboration expenses389.9 281.6 
Employee compensation and benefits333.8 309.1 
Royalties and licensing fees218.5 220.9 
Derivative liabilities181.5 6.7 
Current portion of contingent consideration obligations149.6 148.4 
Other791.4 798.0 
Total accrued expenses and other$3,145.3 $2,765.8