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Consolidated cash flow statements - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Statement [line items]        
Net income from continuing operations $ 1,867 $ 2,109 $ 4,040 $ 3,977
Reversal of non-cash items and other adjustments 2,345 2,085 5,202 4,101
Dividends received from associated companies and others 2 3 489 463
Interest received 5 55 37 140
Interest paid (227) (239) (321) (406)
Other financial receipts 52 10 261 10
Other financial payments (10) 28 (19) (16)
Taxes paid (303) (560) (899) (960)
Net cash flows from operating activities from continuing operations before working capital and provision changes 3,731 3,491 8,790 7,309
Payments out of provisions and other net cash movements in non-current liabilities (420) (323) (824) (516)
Change in net current assets and other operating cash flow items 650 (57) (1,477) (1,348)
Net cash flows from operating activities from continuing operations 3,961 3,111 6,489 5,445
Net cash flows from operating activities from discontinued operations       78
Total net cash flows from operating activities 3,961 3,111 6,489 5,523
Purchases of property, plant and equipment (238) (279) (475) (561)
Proceeds from sale of property, plant and equipment 1 648 4 812
Purchases of intangible assets (214) (161) (460) (498)
Proceeds from sale of intangible assets 49 210 105 281
Purchases of financial assets (38) (45) (90) (154)
Proceeds from sale of financial assets 117 142 359 177
Purchases of other non-current assets (7) (14) (48) (24)
Proceeds from sale of other non-current assets     0 3
Acquisitions and divestments of interests in associated companies, net (2) (1) (4) (3)
Acquisitions and divestments of businesses, net 0 (286) (9,901) (382)
Purchases of marketable securities and commodities (74) (75) (345) (120)
Proceeds from sale of marketable securities and commodities 72 69 394 2,428
Net cash flows used in/from investing activities from continuing operations (334) 208 (10,461) 1,959
Net cash flows used in investing activities from discontinued operations (91) (682) (105) (1,105)
Total net cash flows used in/from investing activities (425) (474) (10,566) 854
Dividends paid to shareholders of Novartis AG     (6,987) (6,645)
Acquisitions of treasury shares (9) (2,368) (150) (2,590)
Proceeds from exercised options and other treasury share transactions 30   846 200
Increase in non-current financial debts     4,945  
Repayment of non-current financial debts (1,002) (7) (2,002) (3,008)
Change in current financial debts (1,169) (793) 2,486 (942)
Payment of lease liabilities, net (74) (69) (142) (91)
Impact of change in ownership of consolidated entities   (5)   (5)
Other financing cash flows, net 52 532 (142) 71
Net cash flows used in financing activities from continuing operations (2,172) (2,710) (1,146) (13,010)
Net cash flows used in/from financing activities from discontinued operations (13) 2,682 (26) 3,299
Total net cash flows used in financing activities (2,185) (28) (1,172) (9,711)
Net change in cash and cash equivalents before effect of exchange rate changes 1,351 2,609 (5,249) (3,334)
Cash and cash equivalents of discontinued operations at end of prior period   499    
Effect of exchange rate changes on cash and cash equivalents 38 76 54 54
Total net change in cash and cash equivalents 1,389 3,184 (5,195) (3,280)
Cash and cash equivalents at beginning of period 4,528 6,807 11,112 13,271
Cash and cash equivalents at end of period $ 5,917 $ 9,991 $ 5,917 $ 9,991