XML 13 R2.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements Of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Net sales $ 3,909.5 $ 4,105.4 $ 7,628.6 $ 8,283.6
Total revenues 3,918.6 4,116.8 7,647.7 8,308.5
Cost of sales 2,310.0 2,413.5 4,496.9 4,834.0
Gross profit 1,608.6 1,703.3 3,150.8 3,474.5
Operating expenses:        
Research and development 208.3 162.6 391.2 304.9
Payments to Acquire in Process Research and Development 10.2 0.0 10.2 0.0
Selling, general and administrative 1,031.9 981.1 1,990.8 1,896.4
Litigation settlements and other contingencies, net (11.0) 10.9 (10.4) 17.1
Total operating expenses 1,239.4 1,154.6 2,381.8 2,218.4
Earnings from operations 369.2 548.7 769.0 1,256.1
Interest expense 143.7 145.9 290.7 292.1
Other (income) expense, net (107.5) 13.5 (177.4) 47.2
Earnings before income taxes 333.0 389.3 655.7 916.8
Income tax (benefit) provision 69.0 75.4 167.0 203.7
Net earnings (loss) $ 264.0 $ 313.9 $ 488.7 $ 713.1
Earnings per share attributable to Viatris Inc. shareholders        
Basic (in USD per share) $ 0.22 $ 0.26 $ 0.41 $ 0.59
Diluted (in USD per share) $ 0.22 $ 0.26 $ 0.41 $ 0.59
Weighted average shares outstanding:        
Basic   1,212.3   1,211.4
Diluted   1,217.1   1,215.1
Other Revenues        
Other revenues $ 9.1 $ 11.4 $ 19.1 $ 24.9