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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Cash Flows from Operating Activities      
Net income $ 4,088.6 $ 4,347.7 $ 5,069.5
Adjustments to Reconcile Net Income to Cash Flows from Operating Activities:      
Depreciation and amortization 1,462.2 1,373.6 1,328.2
Changes in deferred income taxes 126.0 (268.5) 559.7
Stock-based compensation expense 141.5 147.4 231.0
Impairment charges, indefinite lived intangibles 205.0 151.5 0
Acquired in-process research and development, net of tax 0 252.2 32.5
Income related to prepayment of revenue-sharing obligation (787.8) 0 0
Other operating activities, net 120.5 (17.8) (178.6)
Changes in operating assets and liabilities, net of acquisitions      
Receivables - (increase) decrease 361.8 (188.8) (319.1)
Inventories - (increase) decrease (307.9) 203.1 157.0
Other assets - (increase) decrease 231.0 642.7 340.5
Accounts payable and other liabilties-increase (decrease) (336.1) 591.4 (363.9)
Net Cash Provided by Operating Activities 5,304.8 7,234.5 6,856.8
Cash Flows from Investing Activities      
Purchases of property and equipment (905.4) (672.0) (694.3)
Disposals of property and equipment 22.0 25.3 24.6
Net change in short-term investments 375.1 (250.9) (686.5)
Proceeds from sales and maturities of noncurrent investments 4,355.7 2,138.5 584.7
Purchases of noncurrent investments (7,618.6) (4,459.4) (1,067.2)
Purchase of product rights (138.8) (632.9) (442.4)
Purchases of in-process research and development 0 (388.0) (50.0)
Cash paid for acquisition, net of cash acquired (199.3) (307.8) (609.4)
Net change in loan to collaboration partner 165.0 (165.0) 0
Proceeds from prepayment of revenue-sharing obligation 1,212.1 0 0
Other investing activities, net (100.6) (112.2) (219.3)
Net Cash Used for Investing Activities (2,832.8) (4,824.4) (3,159.8)
Cash Flows from Financing Activities      
Dividends paid (2,187.4) (2,180.1) (2,165.3)
Net change in short-term borrowings (10.5) (141.2) 125.1
Repayments of long-term debt (1,500.6) (54.6) (1.1)
Purchases of common stock (721.1) 0 0
Other financing activities, net 0 6.0 19.4
Net Cash Used for Financing Activities (4,419.6) (2,369.9) (2,021.9)
Effect of exchange rate on cash and cash equivalents 43.9 (110.9) (144.8)
Net increase (decrease) in cash and cash equivalents (1,903.7) (70.7) 1,530.3
Cash and cash equivalents at beginning of year 5,922.5 5,993.2 4,462.9
Cash and Cash Equivalents at End of Year $ 4,018.8 $ 5,922.5 $ 5,993.2