XML 82 R64.htm IDEA: XBRL DOCUMENT v3.3.1.900
Income Taxes (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Operating Loss Carryforwards [Line Items]      
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest $ 1,225,097 $ 761,235 $ 696,382
Current:      
Federal 686,561 437,038 196,527
State 28,568 28,718 23,489
Current Foreign Tax Expense (Benefit) 4,004 2,879 433
Total current tax expense 719,133 468,635 220,449
Deferred:      
Federal (119,849) (62,932) 53,504
State (3,768) 18,891 8,700
Deferred Foreign Income Tax Expense (Benefit) (6,475) (1,485) (9)
Total deferred tax (benefit) expense (130,092) (45,526) 62,195
Total income tax expense (benefit) $ 589,041 $ 423,109 $ 282,644
Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract]      
U.S. federal statutory tax rate 35.00% 35.00% 35.00%
State and local income taxes 1.00% 2.40% 3.40%
Change in state effective rate (0.10%) 2.90% 0.00%
Foreign income tax rate differential 12.20% 15.80% 4.90%
Income tax credits (1.60%) (5.10%) (4.90%)
Non-deductible Branded Prescription Drug Fee 2.00% 2.80% 1.10%
Effective Income Tax Rate Reconciliation, Deduction, Qualified Production Activity, Percent (3.20%) (0.00%) (0.00%)
Other permanent differences 2.80% 1.80% 1.10%
Effective income tax rate 48.10% 55.60% 40.60%
Deferred tax assets:      
Net operating loss carryforward $ 140 $ 150  
Fixed assets 0 8,078  
Deferred revenue 51,766 60,223  
Deferred compensation 349,508 216,640  
Income tax credit carryforwards 0 8,539  
Capitalized research and development costs 7,725 12,908  
Deferred Tax Assets, Tax Deferred Expense, Reserves and Accruals, Accrued Liabilities 47,520 19,331  
Other 26,580 21,922  
Deferred tax assets, gross 483,239 347,791  
Valuation allowance 0 (359)  
Deferred tax assets, net 483,239 347,432  
Deferred tax liabilities:      
Accruals (3,280) (28,186)  
Deferred Tax Liabilities, Property, Plant and Equipment (5,559) 0  
Convertible senior notes 0 (252)  
Deferred Tax Liabilities, Other (12,455) (3,578)  
Deferred tax liabilities, gross (21,294) (32,016)  
Deferred Tax Assets, Net 461,945 315,416  
Utilization of net operating loss carryforwards related to exercises of Nonqualified Stock Options and disqualifying dispositions of ISOs, credited to additional paid-in capital 405,317 439,278 $ 211,909
Effective Income Tax Rate Reconciliation, Tax Credit, Research, Amount     34,000
Unrecognized Tax Benefits that Would Impact Effective Tax Rate 102,100 51,200 23,500
Other Comprehensive Income (Loss), Tax 24,900 27,100 0
Reconciliation of Unrecognized Tax Benefits, Excluding Amounts Pertaining to Examined Tax Returns [Roll Forward]      
Balance as of January 1 57,615 26,627 11,274
Gross increases related to current year tax positions 59,909 27,538 7,620
Unrecognized Tax Benefits, Period Increase (Decrease) (952) 6,464 8,305
Unrecognized Tax Benefits, Decrease Resulting from Settlements with Taxing Authorities 0 3,014 572
Balance as of December 31 116,572 57,615 26,627
Unrecognized Tax Benefits, Interest on Income Taxes Accrued 1,200    
UNITED STATES      
Operating Loss Carryforwards [Line Items]      
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest 1,665,087 1,101,446 795,300
Foreign      
Operating Loss Carryforwards [Line Items]      
Income (Loss) from Continuing Operations before Equity Method Investments, Income Taxes, Extraordinary Items, Noncontrolling Interest $ (439,990) $ (340,211) $ (98,918)