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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows provided by (used in) operating activities:      
Net Earnings (Loss) $ 1,131.5 $ (379.3) $ 1,813.4
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,006.1 1,040.5 1,062.7
Share-based compensation 84.3 65.5 53.7
Goodwill and intangible asset impairment 70.1 979.7 331.5
Inventory step-up     32.8
Deferred income tax benefit (provision) (538.7) 13.4 (1,776.0)
Changes in operating assets and liabilities, net of acquired assets and liabilities      
Income taxes 111.4 (150.8) 150.2
Receivables (93.8) 213.6 161.7
Inventories (125.2) (199.5) (120.1)
Accounts payable and accrued liabilities (42.0) 155.9 (133.3)
Other assets and liabilities (17.9) 8.4 5.7
Net cash provided by operating activities 1,585.8 1,747.4 1,582.3
Cash flows provided by (used in) investing activities:      
Additions to instruments (315.9) (276.3) (337.0)
Additions to other property, plant and equipment (207.1) (162.7) (156.0)
Net investment hedge settlements 48.1 69.2  
Business combination investments, net of acquired cash (37.1) (15.3) (4.0)
Investments in other assets (19.7) (31.5) (13.8)
Net cash used in investing activities (729.3) (416.6) (510.8)
Cash flows provided by (used in) financing activities:      
Proceeds from senior notes 549.2 749.5  
Proceeds from multicurrency revolving facility   400.0 400.0
Payments on multicurrency revolving facility   (400.0) (400.0)
Redemption of senior notes (500.0) (1,150.0) (500.0)
Proceeds from term loans 200.0 675.0 192.7
Payments on term loans (960.0) (1,425.0) (940.0)
Net payments on other debt (5.3) (3.9) (0.9)
Dividends paid to stockholders (196.7) (195.2) (193.6)
Proceeds from employee stock compensation plans 158.2 107.9 145.5
Net cash flows from unremitted collections from factoring programs (12.2) (36.7) 103.5
Business combination contingent consideration payments (2.9) (19.8) (9.1)
Other financing activities (10.2) (4.0) (8.6)
Net cash used in financing activities (779.9) (1,302.2) (1,210.5)
Effect of exchange rates on cash and cash equivalents (1.5) (10.2) 29.3
Increase (decrease) in cash and cash equivalents 75.1 18.4 (109.7)
Cash and cash equivalents, beginning of year 542.8 524.4 634.1
Cash and cash equivalents, end of period 617.9 $ 542.8 $ 524.4
Intellectual Property Rights      
Cash flows provided by (used in) investing activities:      
Acquisition of intellectual property rights $ (197.6)