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Consolidated Statements of Operations - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Net sales $ 7,477 $ 7,380 $ 7,143
Cost of products sold 2,173 2,210 2,174
Gross profit 5,304 5,170 4,969
Operating expenses:      
Selling, general and administrative expenses 2,873 2,902 2,674
Research and development expenses 876 817 861
Royalty expense 70 111 140
Amortization expense 495 438 410
Goodwill impairment charges 0 0 423
Intangible asset impairment charges 19 195 53
Contingent consideration expense (benefit) 123 (85) 4
Restructuring charges 26 69 101
Litigation-related charges 1,105 1,036 221
Pension termination charges 44 0 0
Gain on divestiture 0 (12) (38)
Operating expenses 5,631 5,471 4,849
Operating income (loss) (327) (301) 120
Other income (expense):      
Interest expense (284) (216) (324)
Other, net (39) 8 (19)
Income (loss) before income taxes (650) (509) (223)
Income tax (benefit) expense (411) (390) (102)
Net income (loss) $ (239) $ (119) $ (121)
Net income (loss) per common share — basic $ (0.18) $ (0.09) $ (0.09)
Net income (loss) per common share — assuming dilution $ (0.18) $ (0.09) $ (0.09)
Weighted-average shares outstanding      
Basic 1,341.2 1,324.3 1,341.2
Assuming dilution 1,341.2 1,324.3 1,341.2