XML 68 R42.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Share-Based Payments (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Share-Based Payment Arrangement [Abstract] |
Share-based compensation expense included in condensed consolidated statements of income | The following table summarizes share-based compensation expense included in our condensed consolidated statements of income:
|  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
(In millions) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Research and development |  | $ | 27.3 |  |  | $ | 27.9 |  |  | $ | 54.7 |  |  | $ | 59.2 |
Selling, general and administrative |  | 45.6 |  |  | 48.4 |  |  | 89.6 |  |  | 98.5 |
Subtotal |  | 72.9 |  |  | 76.3 |  |  | 144.3 |  |  | 157.7 |
Capitalized share-based compensation costs |  | (2.3) |  |  | (2.6) |  |  | (5.6) |  |  | (5.9) |
Share-based compensation expense included in total cost and expense |  | 70.6 |  |  | 73.7 |  |  | 138.7 |  |  | 151.8 |
Income tax effect |  | (13.4) |  |  | (13.3) |  |  | (26.3) |  |  | (28.0) |
Share-based compensation expense included in net income attributable to Biogen Inc. |  | $ | 57.2 |  |  | $ | 60.4 |  |  | $ | 112.4 |  |  | $ | 123.8 |
Summary of share-based compensation expense associated with each of our share-based compensating programs | The following table summarizes share-based compensation expense associated with each of our share-based compensation programs:
|  | For the Three Months Ended June 30, |  | For the Six Months Ended June 30,
(In millions) |  | 2024 |  | 2023 |  | 2024 |  | 2023
Time-vested restricted stock units |  | $ | 58.3 |  |  | $ | 59.9 |  |  | $ | 115.6 |  |  | $ | 121.6 |
Performance stock units settled in stock |  | 11.7 |  |  | 9.8 |  |  | 22.2 |  |  | 19.3 |
Employee stock purchase plan |  | 1.8 |  |  | 2.1 |  |  | 6.3 |  |  | 6.8 |
Performance stock units settled in cash |  | 0.1 |  |  | 2.2 |  |  | (2.0) |  |  | 4.7 |
Stock options |  | 0.9 |  |  | 1.0 |  |  | 1.8 |  |  | 1.8 |
Market stock units |  | 0.1 |  |  | 1.3 |  |  | 0.4 |  |  | 3.5 |
Subtotal |  | 72.9 |  |  | 76.3 |  |  | 144.3 |  |  | 157.7 |
Capitalized share-based compensation costs |  | (2.3) |  |  | (2.6) |  |  | (5.6) |  |  | (5.9) |
Share-based compensation expense included in total cost and expense |  | $ | 70.6 |  |  | $ | 73.7 |  |  | $ | 138.7 |  |  | $ | 151.8 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration