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SUMMARY QUARTERLY INFORMATION (UNAUDITED) - Income Statement (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended 9 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
Jun. 30, 2015
Jun. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Revenues                              
Product sales                         $ 10,292.2 $ 8,046.1 $ 5,640.3
Other revenues                         154.3 159.9 129.3
Total revenues $ 2,757.2 $ 2,786.8 $ 2,732.4 $ 2,170.1 $ 2,235.4 $ 2,043.3 $ 2,041.1 $ 1,886.2 $ 4,902.5 $ 3,927.3 $ 7,689.3 $ 5,970.6 10,446.5 8,206.0 5,769.6
Expenses                              
Cost of goods sold (exclusive of amortization and impairments of finite-lived intangible assets shown separately below)                         2,531.6 2,177.7 1,846.3
Cost of other revenues                         53.1 58.4 58.8
Selling, general and administrative                         2,699.8 2,026.3 1,305.2
Research and development                         334.4 246.0 156.8
Amortization and impairments of finite-lived intangible assets                         2,418.3 1,550.7 1,902.0
Restructuring, integration and other costs                         361.9 381.7 462.0
In-process research and development impairments and other charges                         248.4 41.0 153.6
Acquisition-related costs                         38.5 6.3 36.4
Acquisition-related contingent consideration                         (23.0) (14.1) (29.2)
Other expense (income)                         256.1 (268.7) 287.2
Total expenses 2,590.1 2,339.0 2,390.9 1,599.1 1,618.0 1,371.7 1,686.0 1,529.6 3,990.0 3,215.6 6,329.0 4,587.3 8,919.1 6,205.3 6,179.1
Operating income (loss) 167.1 447.8 341.5 571.0 617.4 671.6 355.1 356.6 912.5 711.7 1,360.3 1,383.3 1,527.4 2,000.7 (409.5)
Interest income                         3.3 5.0 8.0
Interest expense                         (1,563.2) (971.0) (844.3)
Loss on extinguishment of debt               (94.0)         (20.0) (129.6) (65.0)
Foreign exchange and other                         (102.8) (144.1) (9.4)
Gain on investments, net                         0.0 292.6 5.8
(Loss) Income before provision for (recovery of) income taxes                         (155.3) 1,053.6 (1,314.4)
Provision for (recovery of) income taxes                         132.5 174.2 (450.8)
Net (loss) income                         (287.8) 879.4 (863.6)
Less: Net income (loss) attributable to noncontrolling interest                         3.9 (1.3) 2.5
Net (loss) income attributable to Valeant Pharmaceuticals International, Inc. $ (385.9) $ 49.5 $ (53.0) $ 97.7 $ 512.5 $ 265.0 $ 125.8 $ (22.6) $ 44.7 $ 103.2 $ 94.2 $ 368.2 $ (291.7) $ 880.7 $ (866.1)
(Loss) earnings per share attributable to Valeant Pharmaceuticals International, Inc.:                              
Earnings per share, basic (in dollars per share) $ (1.12) $ 0.14 $ (0.15) $ 0.29 $ 1.53 $ 0.79 $ 0.38 $ (0.07) $ 0.13 $ 0.31 $ 0.28 $ 1.10 $ (0.85) $ 2.63 $ (2.70)
Earnings per share, diluted (in dollars per share) $ (1.12) $ 0.14 $ (0.15) $ 0.28 $ 1.50 $ 0.78 $ 0.37 $ (0.07) $ 0.13 $ 0.30 $ 0.27 $ 1.08 $ (0.85) $ 2.58 $ (2.70)
Weighted-average common shares (in millions)                              
Weighted-average common shares, basic (in shares)                         342.7 335.4 321.0
Weighted-average common shares, diluted (in shares)                         342.7 341.5 321.0
Revenue recognition correction                              
Revenues                              
Product sales       $ 2,126.1 $ 2,190.9 $ 2,010.0     $ 4,821.1   $ 7,569.3 $ 5,855.2   $ 8,046.1  
Other revenues       44.0 44.5 33.3     81.4   120.0 115.4   159.9  
Total revenues       2,170.1 2,235.4 2,043.3     4,902.5   7,689.3 5,970.6   8,206.0  
Expenses                              
Cost of goods sold (exclusive of amortization and impairments of finite-lived intangible assets shown separately below)       507.9 558.8 545.2     1,177.8   1,812.4 1,618.9   2,177.7  
Cost of other revenues       14.3 13.1 15.0     29.5   43.1 45.3   58.4  
Selling, general and administrative       573.8 524.5 504.1     1,259.3   1,956.9 1,501.8   2,026.3  
Research and development       55.8 59.1 59.1     136.9   238.5 186.9   246.0  
Amortization and impairments of finite-lived intangible assets       365.2 436.8 393.1     950.6   1,629.8 1,113.9   1,550.7  
Restructuring, integration and other costs       55.0 44.3 61.7     198.4   274.0 337.4   381.7  
In-process research and development impairments and other charges         0.7 19.9     12.3   108.1 40.3   41.0  
Acquisition-related costs       13.9 2.6 1.6     23.4   30.4 3.7   6.3  
Acquisition-related contingent consideration       7.1 (28.9) 4.0     18.8   22.6 14.8   (14.1)  
Other expense (income)       6.1 7.0 (232.0)     183.0   213.2 (275.7)   (268.7)  
Total expenses       1,599.1 1,618.0 1,371.7     3,990.0   6,329.0 4,587.3   6,205.3  
Operating income (loss)       571.0 617.4 671.6     912.5   1,360.3 1,383.3   2,000.7  
Interest income       0.9 1.2 0.8     1.8   2.5 3.8   5.0  
Interest expense       (297.8) (224.9) (258.4)     (710.5)   (1,130.7) (746.1)   (971.0)  
Loss on extinguishment of debt       (20.0) (35.9) 0.0     (20.0)   (20.0) (93.7)   (129.6)  
Foreign exchange and other       (71.1) (81.1) (53.0)     (65.5)   (99.5) (63.0)   (144.1)  
Gain on investments, net         286.7 3.4           5.9   292.6  
(Loss) Income before provision for (recovery of) income taxes       183.0 563.4 364.4     118.3   112.6 490.2   1,053.6  
Provision for (recovery of) income taxes       84.5 51.7 98.4     71.4   14.0 122.5   174.2  
Net (loss) income       98.5 511.7 266.0     46.9   98.6 367.7   879.4  
Less: Net income (loss) attributable to noncontrolling interest       0.8 (0.8) 1.0     2.2   4.4 (0.5)   (1.3)  
Net (loss) income attributable to Valeant Pharmaceuticals International, Inc.       $ 97.7 $ 512.5 $ 265.0     $ 44.7   $ 94.2 $ 368.2   $ 880.7  
(Loss) earnings per share attributable to Valeant Pharmaceuticals International, Inc.:                              
Earnings per share, basic (in dollars per share)       $ 0.29 $ 1.53 $ 0.79     $ 0.13   $ 0.28 $ 1.10   $ 2.63  
Earnings per share, diluted (in dollars per share)       $ 0.28 $ 1.50 $ 0.78     $ 0.13   $ 0.27 $ 1.08   $ 2.58  
Weighted-average common shares (in millions)                              
Weighted-average common shares, basic (in shares)       336.8 335.8 335.4     340.5   340.8 335.2   335.4  
Weighted-average common shares, diluted (in shares)       343.4 341.9 341.3     347.1   347.2 341.4   341.5  
Previously reported | Revenue recognition correction                              
Revenues                              
Product sales       $ 2,146.9 $ 2,235.5 $ 2,022.9     $ 4,841.9   $ 7,590.1 $ 5,868.1   $ 8,103.6  
Other revenues       44.0 44.5 33.3     81.4   120.0 115.4   159.9  
Total revenues       2,190.9 2,280.0 2,056.2     4,923.3   7,710.1 5,983.5   8,263.5  
Expenses                              
Cost of goods sold (exclusive of amortization and impairments of finite-lived intangible assets shown separately below)       560.4 576.7 545.8     1,230.3   1,864.9 1,619.5   2,196.2  
Cost of other revenues       14.3 13.1 15.0     29.5   43.1 45.3   58.4  
Selling, general and administrative       573.8 524.5 504.1     1,259.3   1,956.9 1,501.8   2,026.3  
Research and development       55.8 59.1 59.1     136.9   238.5 186.9   246.0  
Amortization and impairments of finite-lived intangible assets       365.2 436.8 393.1     950.6   1,629.8 1,113.9   1,550.7  
Restructuring, integration and other costs       55.0 44.3 61.7     198.4   274.0 337.4   381.7  
In-process research and development impairments and other charges         0.7 19.9     12.3   108.1 40.3   41.0  
Acquisition-related costs       9.8 2.6 1.6     19.3   26.3 3.7   6.3  
Acquisition-related contingent consideration       7.1 (28.9) 4.0     18.8   22.6 14.8   (14.1)  
Other expense (income)       6.1 7.0 (232.0)     183.0   213.2 (275.7)   (268.7)  
Total expenses       1,647.5 1,635.9 1,372.3     4,038.4   6,377.4 4,587.9   6,223.8  
Operating income (loss)       543.4 644.1 683.9     884.9   1,332.7 1,395.6   2,039.7  
Interest income       0.9 1.2 0.8     1.8   2.5 3.8   5.0  
Interest expense       (297.8) (224.9) (258.4)     (710.5)   (1,130.7) (746.1)   (971.0)  
Loss on extinguishment of debt       (20.0) (35.9) 0.0     (20.0)   (20.0) (93.7)   (129.6)  
Foreign exchange and other       (71.1) (81.1) (53.0)     (65.5)   (99.5) (63.0)   (144.1)  
Gain on investments, net         286.7 3.4           5.9   292.6  
(Loss) Income before provision for (recovery of) income taxes       155.4 590.1 376.7     90.7   85.0 502.5   1,092.6  
Provision for (recovery of) income taxes       80.9 56.0 100.3     67.8   10.4 124.4   180.4  
Net (loss) income       74.5 534.1 276.4     22.9   74.6 378.1   912.2  
Less: Net income (loss) attributable to noncontrolling interest       0.8 (0.8) 1.0     2.2   4.4 (0.5)   (1.3)  
Net (loss) income attributable to Valeant Pharmaceuticals International, Inc.       $ 73.7 $ 534.9 $ 275.4     $ 20.7   $ 70.2 $ 378.6   $ 913.5  
(Loss) earnings per share attributable to Valeant Pharmaceuticals International, Inc.:                              
Earnings per share, basic (in dollars per share)       $ 0.22 $ 1.59 $ 0.82     $ 0.06   $ 0.21 $ 1.13   $ 2.72  
Earnings per share, diluted (in dollars per share)       $ 0.21 $ 1.56 $ 0.81     $ 0.06   $ 0.20 $ 1.11   $ 2.67  
Weighted-average common shares (in millions)                              
Weighted-average common shares, basic (in shares)       336.8 335.8 335.4     340.5   340.8 335.2   335.4  
Weighted-average common shares, diluted (in shares)       343.4 341.9 341.3     347.1   347.2 341.4   341.5  
Restatement adjustments | Revenue recognition correction                              
Revenues                              
Product sales       $ (20.8) $ (44.6) $ (12.9)     $ (20.8)   $ (20.8) $ (12.9)   $ (57.5)  
Other revenues       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Total revenues       (20.8) (44.6) (12.9)     (20.8)   (20.8) (12.9)   (57.5)  
Expenses                              
Cost of goods sold (exclusive of amortization and impairments of finite-lived intangible assets shown separately below)       (52.5) (17.9) (0.6)     (52.5)   (52.5) (0.6)   (18.5)  
Cost of other revenues       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Selling, general and administrative       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Research and development       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Amortization and impairments of finite-lived intangible assets       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Restructuring, integration and other costs       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
In-process research and development impairments and other charges         0.0 0.0     0.0   0.0 0.0   0.0  
Acquisition-related costs       4.1 0.0 0.0     4.1   4.1 0.0   0.0  
Acquisition-related contingent consideration       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Other expense (income)       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Total expenses       (48.4) (17.9) (0.6)     (48.4)   (48.4) (0.6)   (18.5)  
Operating income (loss)       27.6 (26.7) (12.3)     27.6   27.6 (12.3)   (39.0)  
Interest income       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Interest expense       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Loss on extinguishment of debt       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Foreign exchange and other       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Gain on investments, net         0.0 0.0           0.0   0.0  
(Loss) Income before provision for (recovery of) income taxes       27.6 (26.7) (12.3)     27.6   27.6 (12.3)   (39.0)  
Provision for (recovery of) income taxes       3.6 (4.3) (1.9)     3.6   3.6 (1.9)   (6.2)  
Net (loss) income       24.0 (22.4) (10.4)     24.0   24.0 (10.4)   (32.8)  
Less: Net income (loss) attributable to noncontrolling interest       0.0 0.0 0.0     0.0   0.0 0.0   0.0  
Net (loss) income attributable to Valeant Pharmaceuticals International, Inc.       $ 24.0 $ (22.4) $ (10.4)     $ 24.0   $ 24.0 $ (10.4)   $ (32.8)  
(Loss) earnings per share attributable to Valeant Pharmaceuticals International, Inc.:                              
Earnings per share, basic (in dollars per share)       $ 0.07 $ (0.06) $ (0.03)     $ 0.07   $ 0.07 $ (0.03)   $ (0.09)  
Earnings per share, diluted (in dollars per share)       $ 0.07 $ (0.06) $ (0.03)     $ 0.07   $ 0.07 $ (0.03)   $ (0.09)