v3.26.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Significant Expenses
In addition to the significant expense categories included within consolidated net income presented on the Company's Condensed Consolidated Statements of Operations, see below for disaggregated amounts that comprise research and development expenses:
Three Months Ended
March 31,
(In millions)20262025
Direct research and development expenses(a)
$498.6 $388.4 
Indirect research and development expenses:
Payroll and benefits484.2 451.6 
Lab supplies and other research and development costs
59.3 60.0 
Occupancy and other operating costs170.9 154.4 
Total indirect research and development expenses
714.4 666.0 
Clinical manufacturing costs
364.1 310.3 
Reimbursement of research and development expenses by collaborators(33.6)(37.3)
Total research and development expenses
$1,543.5 $1,327.4 
(a) Direct research and development expenses are comprised primarily of costs paid to third parties for clinical and product development activities, and the portion of research and development expenses incurred by our collaborators that we are obligated to reimburse