10-Q Filing

ELANCO ANIMAL HEALTH INC CIK: 1739104 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001739104-21-000017`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	elan-20210930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 68 Cash Flow Statement 81 Stockholders Equity 47 Comprehensive Income 32

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, net of allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.00M	USD	Point-in-time
Accounts receivable, net of allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$11.00M	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.05B	USD	Point-in-time
Property and equipment, net of accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.04B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$453.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$495.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$660.00M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00B	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	1.00B	shares	Point-in-time
Accounts receivable, net of allowances of $11 (2021) and $9 (2020)	`AccountsReceivableNetCurrent`	$924.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Accounts receivable, net of allowances of $11 (2021) and $9 (2020)	`AccountsReceivableNetCurrent`	$872.00M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$205.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Other receivables	`OtherReceivablesNetCurrent`	$158.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	5.00B	shares	Point-in-time
Inventories	`InventoryNet`	$1.38B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	473.03M	shares	Point-in-time
Inventories	`InventoryNet`	$1.58B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	471.92M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	473.03M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	471.92M	shares	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$242.00M	USD	Point-in-time
Prepaid expenses and other	`PrepaidExpenseAndOtherAssetsCurrent`	$256.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.16B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.42B	USD	Point-in-time
Goodwill	`Goodwill`	$6.22B	USD	Point-in-time
Goodwill	`Goodwill`	$6.19B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$6.39B	USD	Point-in-time
Other intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$5.82B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$348.00M	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$357.00M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,050 (2021) and $1,038 (2020)	`PropertyPlantAndEquipmentNet`	$1.04B	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $1,050 (2021) and $1,038 (2020)	`PropertyPlantAndEquipmentNet`	$1.32B	USD	Point-in-time
Total assets	`Assets`	$17.69B	USD	Point-in-time
Total assets	`Assets`	$16.57B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$436.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$501.00M	USD	Point-in-time
Employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$159.00M	USD	Point-in-time
Employee compensation	`EmployeeRelatedLiabilitiesCurrent`	$144.00M	USD	Point-in-time
Sales rebates and discounts	`ContractWithCustomerLiabilityCurrent`	$295.00M	USD	Point-in-time
Sales rebates and discounts	`ContractWithCustomerLiabilityCurrent`	$316.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$61.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$555.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$390.00M	USD	Point-in-time
Other current liabilities	`OtherLiabilitiesCurrent`	$582.00M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$2.08B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.36B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$5.57B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$6.27B	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$346.00M	USD	Point-in-time
Accrued retirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$302.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$726.00M	USD	Point-in-time
Deferred taxes	`DeferredIncomeTaxLiabilitiesNet`	$900.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$322.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$220.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$8.88B	USD	Point-in-time
Total liabilities	`Liabilities`	$9.22B	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, no par value, 1,000,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock, no par value, 1,000,000,000 shares authorized; none issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock, no par value, 5,000,000,000 shares authorized, 473,033,625 and 471,921,116 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Common stock, no par value, 5,000,000,000 shares authorized, 473,033,625 and 471,921,116 shares issued and outstanding as of September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.65B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$8.68B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-852.00M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-477.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$303.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-146.00M	USD	Point-in-time
Total equity	`StockholdersEquity`	$6.65B	USD	Point-in-time
Total equity	`StockholdersEquity`	$8.01B	USD	Point-in-time
Total equity	`StockholdersEquity`	$8.48B	USD	Point-in-time
Total equity	`StockholdersEquity`	$6.66B	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.98B	USD	Point-in-time
Total equity	`StockholdersEquity`	$8.34B	USD	Point-in-time
Total equity	`StockholdersEquity`	$5.55B	USD	Point-in-time
Total equity	`StockholdersEquity`	$7.68B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$17.69B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.57B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.13B	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.65B	USD	3 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$890.00M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.13B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.07B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$1.62B	USD	3 Qtrs
Cost of sales	`CostOfGoodsAndServicesSold`	$502.00M	USD	1 Quarter
Cost of sales	`CostOfGoodsAndServicesSold`	$442.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$88.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$214.00M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$94.00M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$277.00M	USD	3 Qtrs
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$623.00M	USD	3 Qtrs
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$342.00M	USD	1 Quarter
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$1.07B	USD	3 Qtrs
Marketing, selling and administrative	`SellingGeneralAndAdministrativeExpense`	$278.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$141.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$96.00M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$197.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$417.00M	USD	3 Qtrs
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$111.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$262.00M	USD	1 Quarter
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$456.00M	USD	3 Qtrs
Asset impairment, restructuring and other special charges	`RestructuringSettlementAndImpairmentProvisions`	$518.00M	USD	3 Qtrs
Interest expense, net of capitalized interest	`InterestExpense`	$48.00M	USD	1 Quarter
Interest expense, net of capitalized interest	`InterestExpense`	$89.00M	USD	3 Qtrs
Interest expense, net of capitalized interest	`InterestExpense`	$181.00M	USD	3 Qtrs
Interest expense, net of capitalized interest	`InterestExpense`	$60.00M	USD	1 Quarter
Other (income) expense, net	`NonoperatingIncomeExpense`	$-11.00M	USD	1 Quarter
Other (income) expense, net	`NonoperatingIncomeExpense`	$115.00M	USD	1 Quarter
Other (income) expense, net	`NonoperatingIncomeExpense`	$162.00M	USD	3 Qtrs
Other (income) expense, net	`NonoperatingIncomeExpense`	$-8.00M	USD	3 Qtrs
Costs, expenses and other	`CostsAndExpenses`	$2.49B	USD	3 Qtrs
Costs, expenses and other	`CostsAndExpenses`	$4.10B	USD	3 Qtrs
Costs, expenses and other	`CostsAndExpenses`	$1.10B	USD	1 Quarter
Costs, expenses and other	`CostsAndExpenses`	$1.26B	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-354.00M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-446.00M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-130.00M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-209.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-71.00M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-74.00M	USD	1 Quarter
Income tax benefit	`IncomeTaxExpenseBenefit`	$-117.00M	USD	3 Qtrs
Income tax benefit	`IncomeTaxExpenseBenefit`	$-26.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-53.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-237.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-375.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-104.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-135.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-210.00M	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.21	USD	1 Quarter
Basic (usd per share)	`EarningsPerShareBasic`	$-0.56	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$-0.77	USD	3 Qtrs
Basic (usd per share)	`EarningsPerShareBasic`	$-0.29	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.29	USD	1 Quarter
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.56	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.77	USD	3 Qtrs
Diluted (usd per share)	`EarningsPerShareDiluted`	$-0.21	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	487.10M	shares	3 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	487.30M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	462.40M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	426.50M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	426.50M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	487.10M	shares	3 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	487.30M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	462.40M	shares	1 Quarter

Cash Flow Statement 81 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-53.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-237.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-375.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-104.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-135.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-210.00M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$295.00M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$542.00M	USD	3 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-119.00M	USD	3 Qtrs
Change in deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-160.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$48.00M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$31.00M	USD	3 Qtrs
Asset impairment and write-down charges	`AssetImpairmentChargesIncludingInventoryWriteDown`	$334.00M	USD	3 Qtrs
Asset impairment and write-down charges	`AssetImpairmentChargesIncludingInventoryWriteDown`	$5.00M	USD	3 Qtrs
Gain on sale of assets	`GainLossOnSaleOfOtherAssets`	$51.00M	USD	3 Qtrs
Loss (gain) on divestitures	`GainLossOnSaleOfBusiness`	$170.00M	USD	3 Qtrs
Loss (gain) on divestitures	`GainLossOnSaleOfBusiness`	$-2.00M	USD	3 Qtrs
Inventory fair value step-up amortization	`BusinessCombinationInventoriesStepUpFairValueAdjustment`	$33.00M	USD	3 Qtrs
Inventory fair value step-up amortization	`BusinessCombinationInventoriesStepUpFairValueAdjustment`	$64.00M	USD	3 Qtrs
Changes in operating assets and liabilities, net of acquisitions	`IncreaseDecreaseInOperatingCapital`	$243.00M	USD	3 Qtrs
Changes in operating assets and liabilities, net of acquisitions	`IncreaseDecreaseInOperatingCapital`	$-291.00M	USD	3 Qtrs
Other non-cash operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$7.00M	USD	3 Qtrs
Other non-cash operating activities, net	`OtherOperatingActivitiesCashFlowStatement`	$15.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$52.00M	USD	3 Qtrs
Net Cash Provided by Operating Activities	`NetCashProvidedByUsedInOperatingActivities`	$260.00M	USD	3 Qtrs
Net purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$16.00M	USD	3 Qtrs
Net purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$60.00M	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.00B	USD	3 Qtrs
Cash paid for acquisitions, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$342.00M	USD	3 Qtrs
Proceeds from settlement of net investment hedges	`ProceedsFromHedgeInvestingActivities`	$33.00M	USD	3 Qtrs
Proceeds from settlement of net investment hedges	`ProceedsFromHedgeInvestingActivities`	-	USD	3 Qtrs
Proceeds from product divestitures	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	-	USD	3 Qtrs
Proceeds from product divestitures	`ProceedsFromDivestitureOfBusinessesAndInterestsInAffiliates`	$435.00M	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	3 Qtrs
Purchases of intangible assets	`PaymentsToAcquireIntangibleAssets`	$35.00M	USD	3 Qtrs
Purchases of software	`PaymentsForSoftware`	$11.00M	USD	3 Qtrs
Purchases of software	`PaymentsForSoftware`	$148.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$8.00M	USD	3 Qtrs
Other investing activities, net	`PaymentsForProceedsFromOtherInvestingActivities`	$8.00M	USD	3 Qtrs
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-456.00M	USD	3 Qtrs
Net Cash Used for Investing Activities	`NetCashProvidedByUsedInInvestingActivities`	$-4.71B	USD	3 Qtrs
Repayments of borrowings	`RepaymentsOfLongTermLinesOfCredit`	$555.00M	USD	3 Qtrs
Repayments of borrowings	`RepaymentsOfLongTermLinesOfCredit`	$684.00M	USD	3 Qtrs
Net proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	$250.00M	USD	3 Qtrs
Net proceeds from revolving credit facility	`ProceedsFromLinesOfCredit`	-	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$4.55B	USD	3 Qtrs
Proceeds from issuance of long-term debt	`ProceedsFromIssuanceOfSeniorLongTermDebt`	$500.00M	USD	3 Qtrs
Proceeds from issuance of common stock and tangible equity units	`ProceedsFromIssuanceOrSaleOfEquity`	$1.22B	USD	3 Qtrs
Proceeds from issuance of common stock and tangible equity units	`ProceedsFromIssuanceOrSaleOfEquity`	-	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$103.00M	USD	3 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.00M	USD	3 Qtrs
Other net financing transactions with Lilly	`ProceedsFromPaymentsToTransactionsWithParent`	$-11.00M	USD	3 Qtrs
Other net financing transactions with Lilly	`ProceedsFromPaymentsToTransactionsWithParent`	-	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-15.00M	USD	3 Qtrs
Other financing activities, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-17.00M	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$4.97B	USD	3 Qtrs
Net Cash Provided by Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$166.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-23.00M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-53.00M	USD	3 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$326.00M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$671.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$453.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$671.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$453.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$453.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$495.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$660.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	$11.00M	USD	Point-in-time
Restricted cash	`RestrictedCashCurrent`	-	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$345.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$506.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$671.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$453.00M	USD	Point-in-time

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquity`	$6.65B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$8.01B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$8.48B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$6.66B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.98B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$8.34B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$5.55B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquity`	$7.68B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-53.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-237.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-375.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-104.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-135.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-210.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$93.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$52.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-449.00M	USD	3 Qtrs
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-211.00M	USD	1 Quarter
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$167.00M	USD	1 Quarter
Separation activities	`StockholdersEquitySeparationAdjustments`	$16.00M	USD	1 Quarter
Separation activities	`StockholdersEquitySeparationAdjustments`	$9.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$15.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$8.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.00M	USD	1 Quarter
Stock compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$17.00M	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$13.00M	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	-	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$18.00M	USD	1 Quarter
Issuance of stock under employee stock plans, net	`AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation`	$1.00M	USD	1 Quarter
Issuance of common stock, net of issuance costs	`StockIssuedDuringPeriodValueNewIssues`	$768.00M	USD	1 Quarter
Issuance of tangible equity units, net of issuance costs	`TangibleEquityUnitsIssuedDuringPeriodValue`	$452.00M	USD	1 Quarter
Issuance of stock to Bayer for acquisition, net of issuance costs	`StockIssuedDuringPeriodValueAcquisitions`	$1.72B	USD	1 Quarter
Balance at end of period	`StockholdersEquity`	$6.65B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$8.01B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$8.48B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$6.66B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.98B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$8.34B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$5.55B	USD	Point-in-time
Balance at end of period	`StockholdersEquity`	$7.68B	USD	Point-in-time

Comprehensive Income 32 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-53.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-49.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-237.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-375.00M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-104.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-135.00M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-210.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$4.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-7.00M	USD	1 Quarter
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-67.00M	USD	3 Qtrs
Unrealized gain (loss) on derivatives for cash flow hedges, net of taxes	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$52.00M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$121.00M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-506.00M	USD	3 Qtrs
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-209.00M	USD	1 Quarter
Foreign currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$101.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-5.00M	USD	3 Qtrs
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$6.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$1.00M	USD	1 Quarter
Defined benefit pension and retiree health benefit plans, net of taxes	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$2.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-405.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$93.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-69.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$28.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$52.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-449.00M	USD	3 Qtrs
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$-211.00M	USD	1 Quarter
Other comprehensive income (loss), net of taxes	`OtherComprehensiveIncomeLossNetOfTax`	$167.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.00M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-824.00M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-185.00M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-315.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.