XML 91 R80.htm IDEA: XBRL DOCUMENT v3.23.2
Comprehensive Earnings (Components Of Other Comprehensive Loss) (Details) - USD ($)
$ in Millions
 3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Mar. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrealized gain (loss) on marketable securities, net of tax, beginning of period $ (1.6) $ (1.3) $ (2.3)          
Net unrecognized losses and prior service cost related to defined benefit plans, net of tax (264.5) (30.1) (264.5) $ (30.1) $ 269.3 $ 268.5 $ 29.4  
Foreign currency translation adjustment, beginning of period (3,340.6) (2,271.6) (3,385.9)          
Accumulated other comprehensive loss, net of tax, beginning of period (2,764.6) (2,061.0) (2,761.2)          
Net sales 3,909.5 4,105.4 7,628.6 8,283.6        
Interest expense 143.7 145.9 290.7 292.1        
Other Comprehensive Income, Gain (Loss), Defined Benefit Plan, Divestiture Of Plan (5.6)   (5.6)          
Change in unrecognized gain and prior service cost related to defined benefit plans (6.8) 0.5 (5.5) (2.1)        
Income tax expense 69.0 75.4 167.0 203.7        
Net unrealized gain (loss) on marketable securities, net of tax, end of period (1.3) (2.1) (1.3) (2.1)        
Net unrecognized losses and prior service cost related to defined benefit plans, net of tax, end of period (264.5) (30.1) (264.5) (30.1)        
Foreign currency translation adjustment, end of period (3,594.7) (3,421.5) (3,594.7) (3,421.5)        
Accumulated other comprehensive loss, net of tax, end of period (3,005.6) (2,899.2) (3,005.6) (2,899.2)        
Gains and Losses on Derivatives                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrecognized gains (losses) on derivatives, net of tax, beginning of period       9.2        
Other comprehensive earnings (loss) before reclassifications, before tax       57.9        
Income tax expense       4.3        
Net unrecognized gains (losses) on derivatives, net of tax, end of period   22.7   22.7        
Gains and Losses on Derivatives | Reclassification out of Accumulated Other Comprehensive Income [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrecognized losses on derivatives in net investment hedging relationships, net of tax       17.8        
Gains and Losses on Derivatives | Reclassification out of Accumulated Other Comprehensive Income [Member] | Foreign currency forward contracts                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net sales (7.8) (28.1) (16.7) (42.3)        
Gains and Losses on Derivatives | Reclassification out of Accumulated Other Comprehensive Income [Member] | Interest rate swaps                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Interest expense 1.1 1.1 2.3 2.2        
Gains and Losses on Marketable Securities                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrealized gain (loss) on marketable securities, net of tax, beginning of period       0.0        
Other comprehensive earnings (loss) before reclassifications, before tax       (2.7)        
Income tax expense       (0.6)        
Net unrealized gain (loss) on marketable securities, net of tax, end of period   (2.1)   (2.1)        
Gains and Losses on Marketable Securities | Reclassification out of Accumulated Other Comprehensive Income [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Income tax expense (0.1) (0.2) 0.1          
Defined Benefit Plan Items                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrecognized losses and prior service cost related to defined benefit plans, net of tax   30.1   30.1       $ 32.2
Other comprehensive earnings (loss) before reclassifications, before tax 3.8 0.4 10.1 (2.3)        
Income tax expense       0.0        
Net unrecognized losses and prior service cost related to defined benefit plans, net of tax, end of period   30.1   30.1        
Defined Benefit Plan Items | Reclassification out of Accumulated Other Comprehensive Income [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Amortization of prior service costs       (0.1)        
Change in unrecognized gain and prior service cost related to defined benefit plans       (2.1)        
Income tax expense (2.0) (0.2) (1.5)          
Foreign Currency Translation Adjustment                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Foreign currency translation adjustment, beginning of period       (1,802.4)        
Other comprehensive earnings (loss) before reclassifications, before tax (254.1) (1,149.9) (208.8)          
Income tax expense       0.0        
Foreign currency translation adjustment, end of period   (3,421.5)   (3,421.5)        
Foreign Currency Translation Adjustment | Reclassification out of Accumulated Other Comprehensive Income [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Other Comprehensive Income (Loss), before Tax       (1,619.1)        
Income tax expense 0.0 0.0 0.0          
AOCI Attributable to Parent [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Accumulated other comprehensive loss, net of tax, beginning of period       (1,744.3)        
Other comprehensive earnings (loss) before reclassifications, before tax (219.4) (721.5) (222.6) (980.5)        
Income tax expense       134.5        
Accumulated other comprehensive loss, net of tax, end of period   (2,899.2)   (2,899.2)        
AOCI Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member]                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Amortization of prior service costs       0.1        
Other comprehensive earnings (loss), reclassification adjustment from AOCE, pension and other postretirement benefit plans, for net gain (loss), before tax (5.0) 0.1 (10.0) 0.1        
Income tax expense 4.3 89.8 (8.2)          
AOCI Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Foreign currency forward contracts                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net sales (7.8) (28.1) (16.7) (42.3)        
AOCI Attributable to Parent [Member] | Reclassification out of Accumulated Other Comprehensive Income [Member] | Interest rate swaps                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Interest expense 1.1 1.1 2.3 2.2        
Cash Flow Hedging                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrecognized losses on derivatives in net investment hedging relationships, net of tax 36.8 17.6 39.6          
Cash Flow Hedging | Gains and Losses on Derivatives                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrecognized gains (losses) on derivatives, net of tax, beginning of period (16.8) 9.4 (18.5)          
Other comprehensive earnings (loss) before reclassifications, before tax 43.5 44.6 54.0          
Income tax expense 9.1 4.3 10.2          
AOCI, Cash Flow Hedge, Cumulative Gain (Loss), after Tax 10.9 22.7 10.9 22.7        
Cash Flow Hedging | Gains and Losses on Derivatives | Foreign currency forward contracts                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net sales (7.8) (28.1) (16.7)          
Cash Flow Hedging | Gains and Losses on Derivatives | Interest rate swaps                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Interest expense 1.1 1.1 2.3          
Net Investment Hedging                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Accumulate Other Comprehensive Income (Loss), Cumulative Changes in Net Gain (Loss) from Net Investment Hedges, Effect Net of Taxx 315.0 471.6 315.0 471.6 $ 325.1 $ 377.0 $ 173.1  
Net Investment Hedging | Gains and Losses on Derivatives                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrecognized gains (losses) on derivatives, net of tax, beginning of period       16.7        
Other comprehensive earnings (loss) before reclassifications, before tax       585.7        
Income tax expense (2.7) 85.9 (17.0) 130.8        
Net unrecognized gains (losses) on derivatives, net of tax, end of period   471.6   471.6        
Mylan N.V. | Net Investment Hedging                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Net unrecognized losses on derivatives in net investment hedging relationships, net of tax   384.4 (79.0) 585.7        
Pension and other postretirement benefits                
Accumulated Other Comprehensive Income (Loss) [Line Items]                
Other Comprehensive Income, Gain (Loss), Defined Benefit Plan, Divestiture Of Plan (5.6)   (5.6)          
Amortization of prior service costs 0.0 0.0 0.0 0.1        
Recognized net actuarial (gains)/losses $ (5.0) $ 0.1 $ (10.0) $ 0.1