beatandraise : Equity Research with AI and ChatGPT on SEC Edgar

Liabilities and Stockholders' Equity Total liabilities and equity Long-term deferred tax liability Other Liabilities, Current Total accrued expenses and other Accrued expenses and other Assets Total assets Assets Total current assets Other current assets Total other current assets Other current assets Preferred stock, par value Common stock, par value Fair Value Disclosures [Text Block] Fair Value Measurements Collaboration profit sharing Collaboration profit sharing Payments are made to Elan for their share of rest of world net operating profits to effect an equal sharing of collaboration operating profit. These payments include the reimbursement of our portion of third-party royalties that Elan pays on behalf of the collaboration, relating to sales outside of the U.S. These amounts are reflected in the collaboration profit sharing line in our consolidated statement of income. As sales of Tysabri outside the U.S. increase, our collaboration profit sharing expense will increase. Net Cash Provided by (Used in) Financing Activities Net cash flows used in financing activities Change in cash overdraft Purchase of treasury stock Purchase of treasury stock Cash flows from operating activities: Net cash flows provided by operating activities Unconsolidated joint business Unconsolidated joint business Revenues from unconsolidated joint business consists of our share of pretax co-promotion profits in the U.S.; reimbursement of selling and development expense in the U.S.; and revenue on sales of RITUXAN outside the U.S., which consist of our share of pretax co-promotion profits in Canada. Due from unconsolidated joint business Due from unconsolidated joint business Receivable from unconsolidated joint business for our share of the pretax co-promotion profits generated from our co-promotion arrangement for sales of RITUXAN. Long-term deferred tax liability Preferred stock, par value Common stock, par value Cash flows from operating activities: Change in cash overdraft Net Cash Provided by (Used in) Operating Activities Excess Tax Benefit from Share-based Compensation, Financing Activities Excess tax benefit from share-based compensation Entity Registrant Name Entity Central Index Key Document Type Document Period End Date Amendment Flag Current Fiscal Year End Date Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Filer Category Entity Public Float Entity Common Stock, Shares Outstanding Assets, Current Write-down of inventory to net realizable value Inventory Write-down Adjustments to reconcile net income to net cash flows from operating activities: Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities [Abstract] Stockholders' Equity Attributable to Noncontrolling Interest Noncontrolling interests, end of period Noncontrolling interests, beginning of period Noncontrolling interests Increase Decrease In Due From Unconsolidated Joint Business Due from unconsolidated joint business Increase Decrease In Due From Unconsolidated Joint Business. Earnings per Share Earnings Per Share [Text Block] Disclosure of Compensation Related Costs, Share-based Payments [Text Block] Share-based Payments Consolidated Statements of Income [Abstract] Consolidated Balance Sheets [Abstract] Consolidated Statements of Cash Flows [Abstract] Earnings per Share [Abstract] Net income per share: Balance Sheets [Abstract] Statements of Cash Flows [Abstract] Acquired in-process research and development Acquired in-process research and development The amount of purchased research and development assets that are acquired in a business combination have no alternative future use and are therefore written off in the period of acquisition. Changes in operating assets and liabilities, net: Increase (Decrease) in Operating Capital [Abstract] Property, Plant and Equipment Property, Plant and Equipment Disclosure [Text Block] Weighted-average shares used in calculating: Weighted Average Number of Shares Outstanding, Diluted [Abstract] Property, Plant and Equipment [Abstract] Work in process Inventory, Work in Process Inventory, Finished Goods Finished goods Basic And Diluted Earnings Per Share [Abstract] Basic and diluted earnings per share Basic and diluted earnings per share. Numerator [Abstract] Numerator: Numerator. Preferred Stock Dividends and Other Adjustments Adjustment for net income allocable to preferred stock Net income allocable to preferred stock Effective Income Tax Rate, Continuing Operations, Tax Rate Reconciliation [Abstract] Reconciliation between the U.S. federal statutory tax rate and effective tax rate Effective Income Tax Rate, Continuing Operations Effective tax rate Effective tax rate Statutory rate Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate State taxes Effective Income Tax Rate Reconciliation, State and Local Income Taxes Other Income Expense Net [Abstract] Other income (expense), net Other Income (Expense), Net. Interest income Investment Income, Interest Dilutive Securities [Abstract] Weighted Average Number Diluted Shares Outstanding Adjustment Effect of dilutive securities: Income Taxes (Textuals) [Abstract] Income Taxes (Textuals) [Abstract] Income Taxes. IPR&D Effective Income Tax Rate Reconciliation, Nondeductible Expense, Research and Development Document Fiscal Year Focus Net income used in calculating basic and diluted earnings per share Net Income (Loss) Available to Common Stockholders, Basic Contractual Adjustments [Member] Contractual Adjustments [Member] Contractual Adjustments. Document Fiscal Period Focus Valuation Allowances and Reserves Type [Axis] Valuation Allowances and Reserves [Domain] Dilutive potential common shares Interest in subsidiary Interest in subsidiary (less than given percentage) Interest in subsidiary. Summary of fair and carrying value of debt instruments [Abstract] Summary of fair and carrying value of debt instruments Summary of fair and carrying value of debt instruments. Corporate Debt Securities Current [Member] Corporate debt securities Current [Member] Corporate debt securities Current. Corporate Debt Securities Non Current [Member] Corporate debt securities Non-current [Member] Corporate Debt Securities Non Current. Government Securities Current [Member] Government securities Current [Member] Government securities Current. Government Securities Non-current [Member] Government securities Non-current [Member] Government Securities Non Current. Mortgage And Other Asset Backed Securities Current [Member] Mortgage and other asset backed securities Current [Member] Mortgage and other asset backed securities Current. Mortgage And Other Asset Backed Securities Non Current [Member] Mortgage and other asset backed securities Non-current [Member] Mortgage And Other Asset Backed Securities Non Current. Other Strategic Investments Non Current [Member] Other strategic investments Non-current [Member] Other Strategic investments Non Current. Amortized Cost Available-for-sale Securities, Amortized Cost Due in one year or less, Amortized Cost Available-for-sale Securities, Debt Maturities, within One Year, Amortized Cost Due after one year through five years, Amortized Cost Available-for-sale Securities, Debt Maturities, after One Through Five Years, Amortized Cost Available-for-sale Securities, Debt Maturities, Amortized Cost Total available-for-sale securities, Amortized Cost Realized gains Available-for-sale Securities, Gross Realized Gains Realized losses Available-for-sale Securities, Gross Realized Losses Financial Instruments (Textuals) [Abstract] Financial Instruments (Textuals) [Abstract] Financial Instruments. Other Current Assets [Member] Other Current Assets [Member] Other Current Assets. Accrued Expenses and Other Liabilities [Member] Accrued Expenses and Other Liabilities [Member] Accrued Expenses And Other Liabilities. Derivative Instruments (Textuals) [Abstract] Derivative Instruments (Textuals) [Abstract] Derivative Instruments. Average Maturity Of Marketable Securities Average maturity of marketable securities, months Average remaining time to maturity of marketable debt securities, available-for-sale securities. Lower Range of Durations of foreign currency forward contracts Derivative, Lower Remaining Maturity Range Higher Range of Durations of foreign currency forward contracts Derivative, Higher Remaining Maturity Range Summary of share based compensation expense associated with different programs [Abstract] Summary of share based compensation expense associated with different programs Summary of share-based compensation expense associated with different programs. Market stock units [Member] Market stock units [Member] Market stock units. Stock Issued During Period, Shares, Employee Stock Purchase Plans Shares issued under ESPP Employee stock purchase plan Marketable Securities including Strategic Investments Available-for-sale Securities [Abstract] Strategic investments, non-current Fair Value Available-for-sale Securities, Equity Securities, Noncurrent Summary of Contractual Maturities: Available-for-Sale Securities Available-for-sale Securities, Debt Maturities [Abstract] Due in one year or less, Estimated Fair Value Available-for-sale Securities, Debt Maturities, within One Year, Fair Value Due after one year through five years, Estimated Fair Value Available-for-sale Securities, Debt Maturities, after One Through Five Years, Fair Value Available For Sale Securities Debt Maturities After Five Years Fair Value Due after five years, Estimated Fair Value This item represents the fair value of debt securities, which are expected to mature after five years from the balance sheet date and which are categorized neither as held-to-maturity nor trading securities. Available For Sale Securities Debt Maturities After Five Years Amortized Cost Due after five years, Amortized Cost This item represents debt securities, at cost, net of adjustments made for accretion, amortization, other-than-temporary impairments, and hedging, if any, which are expected to mature after five years from the balance sheet date and which are categorized neither as held-to-maturity nor trading securities. Fair Value, Inputs, Level 2 [Member] Significant Other Observable Inputs (Level 2) Fair Value, Inputs, Level 3 [Member] Significant Unobservable Inputs (Level 3) Schedule of Available-for-sale Securities, Major Types of Debt and Equity Securities [Axis] Major Types of Debt and Equity Securities [Domain] Derivative Instruments, Gain (Loss) by Income Statement Location [Axis] Income Statement and Other Comprehensive Income Location [Domain] Derivatives, Fair Value, by Balance Sheet Location [Axis]