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Condensed Consolidated Statements of Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Income Statement [Abstract]    
Product revenues, net $ 2,690.6 $ 2,374.8
Costs and expenses:    
Cost of sales 342.6 266.9
Research and development expenses 789.1 742.6
Acquired in-process research and development expenses 76.8 347.1
Selling, general and administrative expenses 342.7 241.1
Change in fair value of contingent consideration (0.1) (1.9)
Total costs and expenses 1,551.1 1,595.8
Income from operations 1,139.5 779.0
Interest income 181.2 122.6
Interest expense (10.4) (11.4)
Other (expense) income, net (31.2) 1.3
Income before provision for income taxes 1,279.1 891.5
Provision for income taxes 179.5 191.7
Net income $ 1,099.6 $ 699.8
Net income per common share:    
Basic (in dollars per share) $ 4.26 $ 2.72
Diluted (in dollars per share) $ 4.21 $ 2.69
Shares used in per share calculations:    
Basic (in shares) 258.2 257.4
Diluted (in shares) 261.1 260.3