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Consolidated Statements of Shareholders' Equity Statement - 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 Interest
Beginning balance (in shares) at Dec. 31, 2016   1,101,586         711  
Beginning balance at Dec. 31, 2016   $ 688.5 $ 5,640.6 $ 16,046.3 $ (3,013.2) $ (5,274.0) $ (80.5) $ 72.8
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       (204.1)       30.5
Other comprehensive income (loss), net of tax           199.0   (24.5)
Cash dividends declared       (2,234.6)        
Retirement of treasury shares (in shares)   (4,390)         (4,390)  
Retirement of treasury shares   $ (2.7)   (357.1)     $ 359.8  
Purchase of treasury shares $ (359.8)   60.0       $ (359.8)  
Purchase of treasury shares (in shares)             4,390  
Issuance of stock under employee stock plans, net (in shares)   3,476         (47)  
Issuance of stock under employee stock plans, net   $ 2.1 (164.1)       $ 4.7  
Stock-based compensation     281.3          
Reclassification of stranded tax effects (Note 1) (643.6)     643.6   (643.6)    
Other               (3.1)
Ending balance (in shares) at Dec. 31, 2017   1,100,672         664  
Ending 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)       3,232.0       3.7
Other comprehensive income (loss), net of tax           85.6   (2.0)
Cash dividends declared       (2,372.0)        
Retirement of treasury shares (in shares)   (45,882)         (45,882)  
Retirement of treasury shares   $ (28.7)   (4,122.0)     $ 4,150.7  
Purchase of treasury shares (4,150.0)           $ (4,150.7)  
Purchase of treasury shares (in shares)             45,882  
Issuance of stock under employee stock plans, net (in shares)   2,849         (60)  
Issuance of stock under employee stock plans, net   $ 1.8 (139.0)       $ 6.4  
Stock-based compensation     279.5          
Sale of Elanco Stock (Note 19)     629.2     9.0   1,017.2
Other     (3.9)         (14.2)
Ending balance (in shares) at Dec. 31, 2018   1,057,639         604  
Ending 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)       8,318.4       37.7
Other comprehensive income (loss), net of tax           (794.4)   11.0
Cash dividends declared       (2,430.5)        
Retirement of treasury shares (in shares)   (102,640)         (102,640)  
Retirement of treasury shares   $ (64.1)   (12,363.4)     $ 12,427.5  
Purchase of treasury shares (4,400.0)           $ (4,400.0)  
Purchase of treasury shares (in shares)             37,639  
Issuance of stock under employee stock plans, net (in shares)   3,057         (74)  
Issuance of stock under employee stock plans, net   $ 1.9 (210.7)       $ 8.6  
Stock-based compensation     312.4          
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               (8.0)
Ending balance (in shares) at Dec. 31, 2019   958,056         530  
Ending balance at Dec. 31, 2019 $ 2,699.1 $ 598.8 $ 6,685.3 $ 4,920.4 $ (3,013.2) $ (6,523.6) $ (60.8) $ 92.2