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Consolidated Statements of Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Revenues:      
Product sales $ 5,830.4us-gaap_SalesRevenueGoodsNet $ 4,757.5us-gaap_SalesRevenueGoodsNet $ 4,252.9us-gaap_SalesRevenueGoodsNet
Royalties 160.8us-gaap_RoyaltyRevenue 153.7us-gaap_RoyaltyRevenue 241.6us-gaap_RoyaltyRevenue
Other revenues 30.9us-gaap_OtherSalesRevenueNet 23.1us-gaap_OtherSalesRevenueNet 32.9us-gaap_OtherSalesRevenueNet
Total revenues 6,022.1us-gaap_Revenues 4,934.3us-gaap_Revenues 4,527.4us-gaap_Revenues
Costs and expenses:      
Cost of product sales 979.3us-gaap_CostOfGoodsSold 670.8us-gaap_CostOfGoodsSold 585.8us-gaap_CostOfGoodsSold
Research and development 1,067.5us-gaap_ResearchAndDevelopmentExpense [1] 933.4us-gaap_ResearchAndDevelopmentExpense [1] 953.0us-gaap_ResearchAndDevelopmentExpense [1]
Selling, general and administrative 2,025.8us-gaap_SellingGeneralAndAdministrativeExpense [1] 1,651.3us-gaap_SellingGeneralAndAdministrativeExpense [1] 1,948.0us-gaap_SellingGeneralAndAdministrativeExpense [1]
Goodwill impairment charge 0us-gaap_GoodwillImpairmentLoss 7.1us-gaap_GoodwillImpairmentLoss 0us-gaap_GoodwillImpairmentLoss
Gain on sale of product rights (88.2)shpgf_GainLossOnDispositionOfProductRights (15.9)shpgf_GainLossOnDispositionOfProductRights (18.1)shpgf_GainLossOnDispositionOfProductRights
Reorganization costs 180.9us-gaap_RestructuringCharges 88.2us-gaap_RestructuringCharges 0us-gaap_RestructuringCharges
Integration and acquisition costs 158.8us-gaap_BusinessCombinationAcquisitionRelatedCosts (134.1)us-gaap_BusinessCombinationAcquisitionRelatedCosts 13.5us-gaap_BusinessCombinationAcquisitionRelatedCosts
Total operating expenses 4,324.1us-gaap_OperatingExpenses 3,200.8us-gaap_OperatingExpenses 3,482.2us-gaap_OperatingExpenses
Operating income from continuing operations 1,698.0us-gaap_OperatingIncomeLoss 1,733.5us-gaap_OperatingIncomeLoss 1,045.2us-gaap_OperatingIncomeLoss
Interest income 24.7us-gaap_InterestIncomeDepositsWithFinancialInstitutions 2.1us-gaap_InterestIncomeDepositsWithFinancialInstitutions 3.0us-gaap_InterestIncomeDepositsWithFinancialInstitutions
Interest expense (30.8)us-gaap_InterestExpense (38.1)us-gaap_InterestExpense (38.2)us-gaap_InterestExpense
Other income/(expense), net 8.9us-gaap_OtherNonoperatingIncomeExpense (3.9)us-gaap_OtherNonoperatingIncomeExpense (2.2)us-gaap_OtherNonoperatingIncomeExpense
Receipt of break fee 1,635.4shpgf_ReceiptOfBreakFee 0shpgf_ReceiptOfBreakFee 0shpgf_ReceiptOfBreakFee
Income from continuing operations before income taxes and equity in earnings of equity method investees 3,336.2us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,693.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 1,007.8us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income taxes (56.1)us-gaap_IncomeTaxExpenseBenefit (277.9)us-gaap_IncomeTaxExpenseBenefit (203.1)us-gaap_IncomeTaxExpenseBenefit
Equity in earnings of equity method investees, net of taxes 2.7us-gaap_IncomeLossFromEquityMethodInvestments 3.9us-gaap_IncomeLossFromEquityMethodInvestments 1.0us-gaap_IncomeLossFromEquityMethodInvestments
Income from continuing operations, net of taxes 3,282.8us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 1,419.6us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 805.7us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Gain/(loss) from discontinued operations, net of taxes 122.7us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (754.5)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax (60.3)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net income $ 3,405.5us-gaap_NetIncomeLoss $ 665.1us-gaap_NetIncomeLoss $ 745.4us-gaap_NetIncomeLoss
Earnings from continuing operations (in USD per share) $ 5.596us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 2.572us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 1.451us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Gain/(loss) from discontinued operations (in USD per share) $ 0.209us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ (1.367)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ (0.109)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Earnings per ordinary share - basic (in USD per share) $ 5.805us-gaap_EarningsPerShareBasic $ 1.205us-gaap_EarningsPerShareBasic $ 1.342us-gaap_EarningsPerShareBasic
Earnings from continuing operations (in USD per share) $ 5.552us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 2.453us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 1.410us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Gain/(loss) from discontinued operations (in USD per share) $ 0.208us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ (1.278)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ (0.101)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Earnings per ordinary share - diluted (in USD per share) $ 5.760us-gaap_EarningsPerShareDiluted $ 1.175us-gaap_EarningsPerShareDiluted $ 1.309us-gaap_EarningsPerShareDiluted
Weighted average number of shares:      
Basic (in shares) 586.7us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [2] 552.0us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [2] 555.4us-gaap_WeightedAverageNumberOfSharesOutstandingBasic [2]
Diluted (in shares) 591.3us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 590.3us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 593.5us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding
[1] Research and development (“R&D”) includes intangible asset impairment charges of $190.3 million for the year to December 31, 2014 (2013: $19.9 million, 2012: $71.2 million). Selling, general and administrative (“SG&A”) costs include amortization of intangible assets relating to intellectual property rights acquired of $243.8 million for the year to December 31, 2014 (2013: $152.0 million, 2012: $280.3 million).
[2] Excludes shares purchased by the EBT and presented by Shire as treasury stock