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Quarterly Financial Data (unaudited) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 12 Months Ended
Dec. 31, 2020
Sep. 30, 2020
Jun. 30, 2020
[3]
Mar. 31, 2020
Dec. 31, 2019
Sep. 28, 2019
Jun. 29, 2019
Mar. 30, 2019
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Condensed Financial Statements, Captions [Line Items]                      
Net sales $ 1,289.5 [1] $ 1,213.7 [2] $ 1,219.1 $ 1,341.0 $ 1,322.8 [4] $ 1,191.1 [5] $ 1,149.0 [6] $ 1,174.5 [7] $ 5,063.3 [8] $ 4,837.4 [8] $ 4,731.7 [8]
Gross profit 469.2 [1] 428.1 [2] 434.7 483.2 480.9 [4] 412.8 [5] 430.8 [6] 448.8 [7] 1,815.2 1,773.3 1,831.5
Change in financial assets 122.3 [1] (22.2) [2] (2.1) (1.6) (3.6) [4] (2.6) [5] (5.5) [6] (10.4) [7] 96.4 (22.1) (188.7)
Net income (loss) $ (175.0) [1] $ (154.6) [2] $ 60.6 $ 106.4 $ (19.0) [4] $ 92.2 [5] $ 9.0 [6] $ 63.9 [7] $ (162.6) $ 146.1 $ 131.0
Earnings (loss) per share                      
Basic (in dollars per share) $ (1.29) [1],[9] $ (1.13) [2],[9] $ 0.44 [9] $ 0.78 [9] $ (0.14) [4],[10] $ 0.68 [5],[10] $ 0.07 [6],[10] $ 0.47 [7],[10] $ (1.19) $ 1.07 $ 0.95
Diluted (in dollars per share) $ (1.29) [1],[9] $ (1.13) [2],[9] $ 0.44 [9] $ 0.77 [9] $ (0.14) [4],[10] $ 0.67 [5],[10] $ 0.07 [6],[10] $ 0.47 [7],[10] $ (1.19) $ 1.07 $ 0.95
Weighted-average shares outstanding:                      
Basic (in shares) 135.4 [1] 136.5 [2] 136.4 136.2 136.1 [4] 136.0 [5] 136.0 [6] 135.9 [7] 136.1 136.0 137.8
Diluted (in shares) 135.4 [1] 136.5 [2] 137.5 137.3 137.0 [4] 136.8 [5] 136.5 [6] 136.2 [7] 136.1 136.5 138.3
Selected Quarterly Financial Information [Abstract]                      
Gain (loss) on sale of business           $ 71.7     $ (20.9) $ 71.7 $ 0.0
Impairment charges $ 144.4 $ 202.4     $ 141.6 10.9 $ 27.8   346.8 184.5 224.4
Change in financial assets $ 122.3 (22.2)           $ 10.4      
Loss on extinguishment of debt   $ 20.0             20.0 0.2 0.5
Restructuring             $ 12.2   $ 3.5 $ 26.3 $ 21.0
Impairment of intangible assets, indefinite-lived           18.1          
Ranitidine                      
Selected Quarterly Financial Information [Abstract]                      
Production Related Impairments or Charges           $ 18.4          
[1] Includes change in financial assets of $122.3 million and impairment charges of $144.4 million.
[2] Includes impairment charges of $202.4 million, change in financial assets of $22.2 million and loss on early debt extinguishment of $20.0 million.
[3] Includes Rosemont Pharmaceuticals business pre-tax loss of $21.1 million.
[4] Includes impairment charges of $141.6 million.
[5] Includes animal health divestiture pre-tax gain of $71.7 million, Ranitidine market withdrawal charges of $18.4 million, acquisition-related charges and contingent consideration adjustments of $18.1 million, and impairment charges of $10.9 million.
[6] Includes impairment charges of $27.8 million and restructuring charges and other termination benefits of $12.2 million.
[7] Includes change in financial assets of $10.4 million.
[8] The net sales by geography is derived from the location of the entity that sells to a third party.
[9] The sum of individual per share amounts may not equal due to rounding.
[10] The sum of individual per share amounts may not equal due to rounding.