XML 27 R2.htm IDEA: XBRL DOCUMENT v3.20.4
Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]      
Revenue $ 24,539.8 $ 22,319.5 $ 21,493.3
Costs, expenses, and other:      
Cost of sales 5,483.3 4,721.2 4,681.7
Research and development 6,085.7 5,595.0 5,051.2
Marketing, selling, and administrative 6,121.2 6,213.8 5,975.1
Acquired in-process research and development (Note 3) 660.4 239.6 1,983.9
Asset impairment, restructuring, and other special charges (Note 5) 131.2 575.6 266.9
Other—net, (income) expense (Note 18) (1,171.9) (291.6) (145.6)
Costs, expenses, and other 17,309.9 17,053.6 17,813.2
Income before income taxes 7,229.9 5,265.9 3,680.1
Income taxes (Note 14) 1,036.2 628.0 529.5
Net income from continuing operations 6,193.7 4,637.9 3,150.6
Net income from discontinued operations (Note 19) 0.0 3,680.5 81.4
Net income $ 6,193.7 $ 8,318.4 $ 3,232.0
Earnings per share:      
Earnings from continuing operations - basic (in usd per share) $ 6.82 $ 4.98 $ 3.07
Earnings from discontinued operations - basic (in usd per share) 0 3.95 0.07
Earnings per share - basic (in usd per share) 6.82 8.93 3.14
Earnings from continuing operations - diluted (in usd per share) 6.79 4.96 3.05
Earnings from discontinued operations - diluted (in usd per share) 0 3.93 0.08
Earnings per share - diluted (in usd per share) $ 6.79 $ 8.89 $ 3.13
Shares used in calculation of earnings per share:      
Basic (in shares) 907,634 931,059 1,027,721
Diluted (in shares) 912,505 935,684 1,033,667