XML 80 R62.htm IDEA: XBRL DOCUMENT v3.3.1.900
Long-Term Incentive Plans (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2000
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Share-based Compensation                 $ 459,049 $ 321,750 $ 215,377    
Selling, general, and administrative                 838,526 519,267 346,393    
Deferred Tax Assets, Net, Noncurrent $ 461,945       $ 315,416       461,945 315,416      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]                          
Assets 5,609,132       3,837,672       5,609,132 3,837,672      
Additional paid-in capital 3,099,526       2,450,782       3,099,526 2,450,782      
Retained Earnings (Accumulated Deficit) 852,700       216,644       852,700 216,644      
Stockholders' Equity Attributable to Parent 3,654,837       2,550,251       3,654,837 2,550,251 1,964,716 $ 1,256,618  
Liabilities and Equity 5,609,132       3,837,672       5,609,132 3,837,672      
Costs and Expenses                 2,851,812 1,995,638 1,361,695    
Operating Income (Loss)                 1,251,916 823,919 743,050    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest                 1,225,097 761,235 696,382    
Income Tax Expense (Benefit)                 589,041 423,109 282,644    
Net Income $ 154,994 $ 210,398 $ 194,643 $ 76,021 $ 90,095 $ 83,375 [1] $ 96,351 $ 68,305 $ 636,056 $ 338,126 $ 413,738    
Earnings Per Share, Basic $ 1.49 $ 2.04 $ 1.89 $ 0.74 $ 0.89 $ 0.83 $ 0.96 $ 0.69 $ 6.17 $ 3.36 $ 4.23    
Net income per share - diluted $ 1.34 $ 1.82 $ 1.69 $ 0.66 $ 0.78 $ 0.73 $ 0.85 $ 0.61 $ 5.52 $ 2.98 $ 3.72    
Increase (Decrease) in Deferred Income Taxes                 $ 121,623 $ 53,276 $ (62,195)    
Stock options                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Maximum term of awards                 10 years        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]                          
Number of shares outstanding at beginning of period       21,506,260         21,506,260        
Number of shares granted                 4,495,487 3,913,368 3,937,989    
Number of shares forfeited                 (318,952)        
Number of shares expired                 (363)        
Number of shares exercised                 (2,516,663)        
Number of shares outstanding at end of period 23,165,769       21,506,260       23,165,769 21,506,260      
Share-based Compensation Arrangement by Share-based Payment Award, Options, Additional Disclosures [Abstract]                          
Weighted average exercise price - outstanding at beginning of period       $ 158.54         $ 158.54        
Weighted average exercise price - granted                 537.29 $ 385.33 $ 263.77    
Weighted average exercise price - forfeited                 292.14        
Weighted average exercise price - expired                 92.20        
Weighted average exercise price - exercised                 98.26        
Weighted average exercise price - outstanding at end of period $ 236.75       $ 158.54       $ 236.75 $ 158.54      
Weighted average remaining contractual term (in years) - outstanding                 6 years 9 months 24 days      
Instrinsic value - outstanding $ 7,209,994,851             $ 7,209,994,851      
Number of shares vested and expected to vest 22,635,728               22,635,728        
Weighted average execise price - vested and expected to vest $ 231.75               $ 231.75        
Weighted average remaining contractual term - vested and expected to vest                 6 years 9 months 5 days        
Intrinsic value - vested and expected to vest $ 7,156,754,651               $ 7,156,754,651        
Number of shares exercisable 13,212,236               13,212,236        
Weighted average exercise price - exercisable $ 103.67               $ 103.67        
Weighted average remaining contractual term - exercisable                 5 years 2 months 23 days        
Intrinsic value - exercisable $ 5,852,659,560               $ 5,852,659,560        
Total intrinsic value - of stock options exercised                 $ 1,031,600 $ 1,081,200 $ 727,500    
Exercise Price Equal to Market Price [Abstract]                          
Number of Options Granted (shares)                 4,495,487 3,913,368 3,937,989    
Weighted Average Exercise Price (dollars per share)                 $ 537.29 $ 385.33 $ 263.77    
Weighted Average Fair Value                 $ 181.65 $ 140.38 $ 104.90    
Share-based Compensation Arrangement by Share-based Payment Award, Fair Value Assumptions and Methodology [Abstract]                          
Expected volatility                 35.00% 39.00% 42.00%    
Expected lives from grant date                 5 years 1 month 1 day 5 years 2 months 11 days 5 years 4 months 1 day    
Expected dividend yield                 0.00% 0.00% 0.00%    
Risk-free interest rate                 1.68% 1.62% 1.73%    
Stock options | Minimum                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Award vesting period                 3 years        
Stock options | Maximum                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Award vesting period                 4 years        
Phantom stock                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Period within vesting date that awards may be received                 30 days        
Non-performance based stock options                          
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]                          
Non-cash stock-based compensation expense                 $ 443,700 $ 306,100 $ 193,400    
Unrecognized stock-based compensation cost, net of estimated forfeitures $ 962,600               $ 962,600        
Weighted average period for recognition of total unrecognized compensation expense (in years)                 2 years        
Performance-based stock options                          
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]                          
Non-cash stock-based compensation expense                   4,100 $ 8,000    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]                          
Share Based Compensation Arrangement By Share Based Payment Award Options Nonvested Number 0               0   770,250    
Restricted stock                          
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]                          
Non-cash stock-based compensation expense                 $ 15,300 $ 11,500 $ 14,000    
Unrecognized stock-based compensation cost, net of estimated forfeitures $ 33,900               $ 33,900        
Weighted average period for recognition of total unrecognized compensation expense (in years)                 2 years 1 month        
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested [Roll Forward]                          
Number of shares outstanding at beginning of period       546,060         546,060        
Number of shares granted                 27,520        
Number of shares vested                 (31,880)        
Number of shares outstanding at end of period 541,700       546,060       541,700 546,060      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]                          
Weighted average grant date fair value at beginning of period       $ 115.26         $ 115.26        
Weighted average grant date fair value - granted                 540.40        
Weighted average grant date fair value - vested                 164.65        
Weighted average grant date fair value at end of period $ 133.96       $ 115.26       $ 133.96 $ 115.26      
Long-Term Incentive Plan 2014 [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of shares authorized for issuance         16,485,333         16,485,333      
Number of shares available for future grants 9,711,439               9,711,439        
Long-Term Incentive Plan 2000 [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of shares authorized for issuance                         35,397,043
Common Stock                          
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]                          
Number of shares exercised                 (2,457,000) (3,468,000) (3,052,000)    
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]                          
Stockholders' Equity Attributable to Parent $ 106       $ 102       $ 106 $ 102 $ 97 $ 95  
Common Stock | Long-Term Incentive Plan 2014 [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Number of shares authorized for issuance         4,485,333         4,485,333      
Scenario, Previously Reported [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Share-based Compensation                   $ 307,238 198,399    
Selling, general, and administrative         $ 143,743         504,755 329,415    
Deferred Tax Assets, Net, Noncurrent         316,104         316,104      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]                          
Assets         3,871,827         3,871,827      
Additional paid-in capital         2,404,118         2,404,118      
Retained Earnings (Accumulated Deficit)         255,382         255,382      
Stockholders' Equity Attributable to Parent         2,542,325         2,542,325      
Liabilities and Equity         3,871,827         3,871,827      
Costs and Expenses         554,962         1,981,126 1,344,717    
Operating Income (Loss)         247,367         838,431 760,028    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest         221,287         775,747 713,360    
Income Tax Expense (Benefit)         111,111         427,673 288,998    
Net Income         $ 110,176         $ 348,074 $ 424,362    
Earnings Per Share, Basic         $ 1.09         $ 3.46 $ 4.33    
Net income per share - diluted         $ 0.96         $ 3.07 $ 3.81    
Increase (Decrease) in Deferred Income Taxes                   $ (66,604) $ 63,601    
Restatement Adjustment [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Share-based Compensation                   14,512 16,978    
Selling, general, and administrative         $ 31,564                
Deferred Tax Assets, Net, Noncurrent         22,152         22,152      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]                          
Assets         22,152         22,152      
Additional paid-in capital         60,890         60,890      
Retained Earnings (Accumulated Deficit)         (38,738)         (38,738)      
Stockholders' Equity Attributable to Parent         22,152         22,152      
Liabilities and Equity         22,152         22,152      
Costs and Expenses         31,564         14,512 16,978    
Operating Income (Loss)         (31,564)         (14,512) (16,978)    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest         (31,564)         (14,512) (16,978)    
Income Tax Expense (Benefit)         (11,483)                
Net Income         $ (20,081)         $ (9,948) $ (10,624)    
Earnings Per Share, Basic         $ (0.20)         $ (0.10) $ (0.10)    
Net income per share - diluted         $ (0.18)         $ (0.09) $ (0.09)    
Increase (Decrease) in Deferred Income Taxes                   $ (4,564) $ (6,354)    
Revised [Member]                          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                          
Share-based Compensation                   321,750 215,377    
Selling, general, and administrative         $ 175,307         519,267 346,393    
Deferred Tax Assets, Net, Noncurrent         338,256         338,256      
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Additional Disclosures [Abstract]                          
Assets         3,893,979         3,893,979      
Additional paid-in capital         2,465,008         2,465,008      
Retained Earnings (Accumulated Deficit)         216,644         216,644      
Stockholders' Equity Attributable to Parent         2,564,477         2,564,477      
Liabilities and Equity         3,893,979         3,893,979      
Costs and Expenses         586,526         1,995,638 1,361,695    
Operating Income (Loss)         215,803         823,919 743,050    
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest         189,723         761,235 696,382    
Income Tax Expense (Benefit)         99,628         423,109 282,644    
Net Income         $ 90,095         $ 338,126 $ 413,738    
Earnings Per Share, Basic         $ 0.89         $ 3.36 $ 4.23    
Net income per share - diluted         $ 0.78         $ 2.98 $ 3.72    
Increase (Decrease) in Deferred Income Taxes                   $ (71,168) $ 57,247    
[1] Net income in the third quarter of 2014 included a $40.6 million incremental charge related to the Branded Prescription Drug Fee based on final regulations issued by the IRS in July 2014 as described in Note 2 above.