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Consolidated Balance Sheets - USD ($)
shares in Millions, $ in Millions
Dec. 31, 2016
Dec. 31, 2015
Jun. 27, 2015
Assets      
Cash and cash equivalents $ 622.3 $ 417.8 $ 785.6
Accounts receivable, net of allowance for doubtful accounts of $6.3 million, $4.5 million, and $2.6 million, respectively 1,176.0 1,189.0 1,209.4
Inventories 795.0 898.7 935.7
Current deferred income taxes 0.0 0.0 148.2
Prepaid expenses and other current assets 212.0 286.1 150.1
Total current assets 2,805.3 2,791.6 3,229.0
Property, plant and equipment, net 870.1 886.2 932.4
Tysabri® royalty stream - at fair value 2,350.0 5,310.0 5,420.0
Goodwill and other indefinite-lived intangible assets 4,163.9 7,069.0 6,984.3
Other intangible assets, net 3,396.8 2,973.1 2,742.8
Non-current deferred income taxes 72.1 71.4 50.1
Other non-current assets 211.9 248.3 233.3
Total non-current assets 11,064.8 16,558.0 16,362.9
Total assets 13,870.1 19,349.6 19,591.9
Liabilities      
Accounts payable 471.7 555.8 709.3
Payroll and related taxes 115.8 125.3 133.9
Accrued customer programs 380.3 396.0 358.5
Accrued liabilities 263.3 351.9 257.5
Accrued income taxes 32.4 62.7 56.3
Current deferred income taxes 0.0 0.0 79.7
Current indebtedness 572.8 1,060.5 153.3
Total current liabilities 1,836.3 2,552.2 1,748.5
Long-term debt, less current portion 5,224.5 4,971.6 5,246.9
Non-current deferred income taxes 389.9 1,372.7 1,514.3
Other non-current liabilities 461.8 346.3 382.7
Total non-current liabilities 6,076.2 6,690.6 7,143.9
Total liabilities 7,912.5 9,242.8 8,892.4
Shareholders’ equity      
Preferred shares, $0.0001 par value, 10 million shares authorized 0.0 0.0 0.0
Ordinary shares, €0.001 par value, 10 billion shares authorized 8,135.0 8,142.6 8,621.9
Accumulated other comprehensive income (loss) (81.8) (15.3) 103.5
Retained earnings (accumulated deficit) (2,095.1) 1,980.1 1,973.9
Total controlling interest 5,958.1 10,107.4 10,699.3
Noncontrolling interest (0.5) (0.6) 0.2
Total shareholders’ equity 5,957.6 10,106.8 10,699.5
Total liabilities and shareholders' equity $ 13,870.1 $ 19,349.6 $ 19,591.9
Supplemental Disclosures of Balance Sheet Information      
Preferred shares, issued and outstanding 0.0 0.0 0.0
Ordinary shares, issued and outstanding 143.4 143.1 146.3