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Condensed Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 02, 2016
Mar. 28, 2015
Income Statement [Abstract]    
Net sales $ 1,347.3 $ 967.2
Cost of sales 814.2 597.8
Gross profit 533.1 369.4
Operating expenses    
Distribution 21.8 14.7
Research and development 45.3 35.4
Selling 180.8 48.8
Administration 107.5 79.0
Impairment charges 403.9 0.0
Restructuring 5.4 1.1
Total operating expenses 764.7 179.0
Operating income (loss) (231.6) 190.4
Tysabri® royalty stream - change in fair value 204.4 (100.8)
Interest expense, net 51.2 43.3
Other expense, net 2.5 258.1
Loss on extinguishment of debt 0.4 0.0
Loss before income taxes (490.1) (10.2)
Income tax expense (benefit) 39.1 12.0
Net loss $ (529.2) $ (22.2)
Loss per share    
Basic loss per share (in dollars per share) $ (3.70) $ (0.16)
Diluted loss per share (in dollars per share) $ (3.70) $ (0.16)
Weighted-average shares outstanding    
Basic (in shares) 143.2 140.8
Diluted (in shares) 143.2 140.8
Dividends declared per share (in dollars per share) $ 0.145 $ 0.125