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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, 2018   1,057,639         604  
Beginning balance at Dec. 31, 2018   $ 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       4,241.6       22.2
Other comprehensive income (loss), net of tax           41.7   11.0
Retirement of treasury shares (in shares)   (89,197)         (89,197)  
Retirement of treasury shares   $ (55.7)   (10,771.8)     $ 10,827.5  
Purchase of treasury shares (in shares)             24,196  
Purchase of treasury shares     (700.0)       $ (2,800.0)  
Issuance of stock under employee stock plans, net (in shares)   2,921         (63)  
Issuance of stock under employee stock plans, net   $ 1.8 (202.8)       $ 7.3  
Stock-based compensation     75.8          
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       13.7      
Ending balance (in shares) at Mar. 31, 2019   971,363         541  
Ending balance at Mar. 31, 2019   $ 607.1 5,756.6 4,879.4 (3,013.2) (5,687.5) $ (62.1) 84.7
Beginning balance (in shares) at Dec. 31, 2019   958,056         530  
Beginning 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
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income       1,456.5       26.2
Other comprehensive income (loss), net of tax           (362.3)  
Retirement of treasury shares (in shares)   (3,627)         (3,627)  
Retirement of treasury shares   $ (2.3)   (497.7)     $ 500.0  
Purchase of treasury shares (in shares) [1]             3,627  
Purchase of treasury shares [1]             $ (500.0)  
Issuance of stock under employee stock plans, net (in shares)   2,500         (43)  
Issuance of stock under employee stock plans, net   $ 1.6 (201.0)       $ 5.1  
Stock-based compensation     71.8          
Other       0.2      
Ending balance (in shares) at Mar. 31, 2020   956,929         487  
Ending balance at Mar. 31, 2020 $ 3,197.2 $ 598.1 $ 6,556.1 $ 5,879.4 $ (3,013.2) $ (6,885.9) $ (55.7) $ 118.4
[1]
(1) As of March 31, 2020, there was $1.00 billion remaining under our $8.00 billion share repurchase program authorized in June 2018.