Document and Entity Information
Document and Entity Information | Nov. 16, 2020 |
Cover [Abstract] | |
Entity Registrant Name | Viatris Inc |
Entity Address, State or Province | PA |
Amendment Flag | true |
Entity Central Index Key | 0001792044 |
Document Type | 8-K/A |
Document Period End Date | Nov. 16, 2020 |
Entity Incorporation State Country Code | DE |
Entity File Number | 001-39695 |
Entity Tax Identification Number | 83-4364296 |
Entity Address, Address Line One | 1000 Mylan Boulevard |
Entity Address, City or Town | Canonsburg |
Entity Address, Postal Zip Code | 15317 |
City Area Code | (724) |
Local Phone Number | 514-1800 |
Written Communications | false |
Soliciting Material | false |
Pre Commencement Tender Offer | false |
Pre Commencement Issuer Tender Offer | false |
Security 12b Title | Common Stock, par value $0.01 per share |
Trading Symbol | VTRS |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | false |
Amendment Description | On November 19, 2020, Viatris Inc. (“Viatris”) filed a Current Report on Form 8-K (the “Original Form 8-K”) disclosing that, among other things, on November 16, 2020, Viatris announced a significant global restructuring program in order to achieve synergies of $1 billion over the next four years, or sooner, and ensure the new company is optimally structured and efficiently resourced to deliver sustainable value to patients, shareholders, customers, and other stakeholders. Viatris’ restructuring initiative incorporates and expands on the restructuring program announced by Mylan N.V. (“Mylan”) earlier in 2020 as part of its business transformation efforts. At the time of the Original Form 8-K, Viatris was unable to determine the estimated amount or range of amounts to be incurred by major cost type or the future cash expenditures pursuant to this restructuring initiative. Viatris is filing this Form 8-K/A to provide additional details finalized since the Original Form 8-K. |