Share-based Compensation Plans

3 Months Ended

Mar. 31, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Total share-based compensation recorded by the Company during the three months ended March 31, 2017 and 2016 by line item is as follows:



	Three months ended March 31,
(In millions)	2017			2016
Cost of sales	$	6.6		$	3.1
Research and development	10.0			11.6
Selling, general and administrative	31.3			9.2
Integration and acquisition costs	4.8			(5.6		)
Total	52.7			18.3
Less tax	(13.1		)	(4.8		)
	$	39.6		$	13.5

The table above includes pre-tax expense related to replacement and other awards held by Baxalta employees. This includes integration related expense during the three months ended March 31, 2017 from the acceleration of unrecognized expense associated with certain employee terminations.

For further details on existing share-based compensation plans, refer to Note 27, Share-based Compensation Plans, of Shire's 2016 Form 10-K.

During the three months ended March 31, 2017, the Company made equity compensation grants to employees consisting of 9.0 million stock-settled share appreciation rights (“SARs”), 1.8 million restricted stock units (“RSUs”) and 0.6 million performance share units (“PSUs”) equivalent in ordinary shares.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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