XML 38 R27.htm IDEA: XBRL DOCUMENT v3.7.0.1
Share-based Compensation Plans
 6 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based Compensation Plans
Share-based Compensation Plans

Total share-based compensation recorded by the Company during the three and six months ended June 30, 2017 and 2016 by line item is as follows:
 
Three months ended June 30,
 
Six months ended June 30,
(In millions)
2017
 
2016
 
2017
 
2016
Cost of sales
$
6.1

 
$
4.5

 
$
12.7

 
$
7.6

Research and development
9.7

 
13.6

 
19.7

 
25.2

Selling, general and administrative
31.9

 
14.4

 
63.2

 
23.6

Integration and acquisition costs
6.0

 
144.0

 
10.8

 
138.4

Total
53.7

 
176.5

 
106.4

 
194.8

Less tax
(29.6
)
 
(41.5
)
 
(42.7
)
 
(46.3
)
 
$
24.1

 
$
135.0

 
$
63.7

 
$
148.5



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 and six months ended June 30, 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.

The Company made immaterial equity compensation grants to employees during the three months ended June 30, 2017. During the six months ended June 30, 2017, the Company made equity compensation grants to employees consisting of 8.9 million of stock-settled share appreciation rights (“SARs”), 2.1 million of restricted stock units (“RSUs”) and 0.5 million of performance share units (“PSUs”) equivalent in ordinary shares.