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Consolidated Condensed Statements of Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Employee Benefit Trust
Accumulated Other Comprehensive Loss
Common Stock in Treasury
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2017   1,100,672         664  
Beginning balance at Dec. 31, 2017   $ 687.9 $ 5,817.8 $ 13,894.1 $ (3,013.2) $ (5,718.6) $ (75.8) $ 75.7
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       957.5       4.6
Other comprehensive income (loss), net of tax           (284.9)    
Cash dividends declared per share       (1,148.6)        
Retirement of treasury shares (in shares)   (25,823)         (25,823)  
Retirement of treasury shares   $ (16.1)   (2,034.5)     $ 2,050.7  
Purchase of treasury shares (in shares)             25,823  
Purchase of treasury shares             $ (2,050.7)  
Issuance of stock under employee stock plans, net (in shares)   2,699         (60)  
Issuance of stock under employee stock plans, net   $ 1.7 (130.3)       $ 6.4  
Stock-based compensation     138.2          
Other       (5.6)       (14.7)
Ending balance (in shares) at Jun. 30, 2018   1,077,548         604  
Ending balance at Jun. 30, 2018   $ 673.5 5,825.7 14,247.3 (3,013.2) (6,108.7) $ (69.4) 65.6
Beginning balance (in shares) at Mar. 31, 2018   1,089,234         604  
Beginning balance at Mar. 31, 2018   $ 680.8 5,758.0 16,608.2 (3,013.2) (5,437.5) $ (69.3) 60.8
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       (259.9)       4.2
Other comprehensive income (loss), net of tax           (671.2)    
Cash dividends declared per share       (1,148.6)        
Retirement of treasury shares (in shares)   (11,735)         (11,735)  
Retirement of treasury shares   $ (7.3)   (943.3)     $ 950.7  
Purchase of treasury shares (in shares)             11,735  
Purchase of treasury shares             $ (950.7)  
Issuance of stock under employee stock plans, net (in shares)   49            
Issuance of stock under employee stock plans, net     (2.5)       $ (0.1)  
Stock-based compensation     70.2          
Other       (9.1)       0.6
Ending balance (in shares) at Jun. 30, 2018   1,077,548         604  
Ending balance at Jun. 30, 2018   $ 673.5 5,825.7 14,247.3 (3,013.2) (6,108.7) $ (69.4) 65.6
Beginning balance (in shares) at Dec. 31, 2018   1,057,639         604  
Beginning balance at Dec. 31, 2018 $ 10,909.1 $ 661.0 6,583.6 11,395.9 (3,013.2) (5,729.2) $ (69.4) 1,080.4
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       5,568.8       21.1
Other comprehensive income (loss), net of tax           128.7   11.0
Cash dividends declared per share       (1,178.1)        
Retirement of treasury shares (in shares)   (94,627)         (94,627)  
Retirement of treasury shares   $ (59.1)   (11,468.5)     $ 11,527.5  
Purchase of treasury shares (in shares) [1]             (29,626)  
Purchase of treasury shares [1]             $ (3,500.0)  
Issuance of stock under employee stock plans, net (in shares)   2,945         (63)  
Issuance of stock under employee stock plans, net   $ 1.8 (204.4)       $ 7.3  
Stock-based compensation     155.3          
Acquisition of common stock in exchange offer (in shares)             65,001  
Acquisition of common stock in exchange offer             $ (8,027.5)  
Deconsolidation of Elanco               (1,028.9)
Other               (6.8)
Ending balance (in shares) at Jun. 30, 2019   965,957         541  
Ending balance at Jun. 30, 2019 2,857.3 $ 603.7 6,534.5 4,318.1 (3,013.2) (5,600.5) $ (62.1) 76.8
Beginning balance (in shares) at Mar. 31, 2019   971,363         541  
Beginning balance at Mar. 31, 2019   $ 607.1 5,756.6 4,879.4 (3,013.2) (5,687.5) $ (62.1) 84.7
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       1,327.2       (1.1)
Other comprehensive income (loss), net of tax           87.0    
Cash dividends declared per share       (1,178.1)        
Retirement of treasury shares (in shares)   (5,430)         (5,430)  
Retirement of treasury shares   $ (3.4) (696.6)     $ 700.0  
Purchase of treasury shares (in shares) [2]     700,000       5,430  
Purchase of treasury shares [2]             $ (700.0)  
Issuance of stock under employee stock plans, net (in shares)   24            
Issuance of stock under employee stock plans, net     $ (1.6)          
Stock-based compensation     79.5          
Other       (13.8)       (6.8)
Ending balance (in shares) at Jun. 30, 2019   965,957         541  
Ending balance at Jun. 30, 2019 $ 2,857.3 $ 603.7 $ 6,534.5 $ 4,318.1 $ (3,013.2) $ (5,600.5) $ (62.1) $ 76.8
[1] As of June 30, 2019, there was $2.40 billion remaining under our $8.00 billion share repurchase program authorized in June 2018.
[2] As of June 30, 2019, there was $2.40 billion remaining under our $8.00 billion share repurchase program authorized in June 2018.