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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Cash flows provided by (used in) operating activities:      
Net (Loss) Earnings $ (137.4) $ 1,131.5 $ (379.3)
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:      
Depreciation and amortization 1,032.7 1,006.1 1,040.5
Share-based compensation 79.7 84.3 65.5
Goodwill and intangible asset impairment 645.0 70.1 979.7
Deferred income tax benefit (provision) 12.0 (538.7) 13.4
Changes in operating assets and liabilities, net of acquired assets and liabilities      
Income taxes (291.1) 111.4 (150.8)
Receivables (70.0) (93.8) 213.6
Inventories (40.8) (125.2) (199.5)
Accounts payable and accrued liabilities (95.1) (42.0) 155.9
Other assets and liabilities 69.5 (17.9) 8.4
Net cash provided by operating activities 1,204.5 1,585.8 1,747.4
Cash flows provided by (used in) investing activities:      
Additions to instruments (291.7) (315.9) (276.3)
Additions to other property, plant and equipment (117.5) (207.1) (162.7)
Net investment hedge settlements 53.5 48.1 69.2
Business combination investments, net of acquired cash (235.5) (37.1) (15.3)
Investments in other assets (22.2) (19.7) (31.5)
Net cash used in investing activities (613.8) (729.3) (416.6)
Cash flows provided by (used in) financing activities:      
Proceeds from senior notes 1,497.1 549.2 749.5
Proceeds from multicurrency revolving facility     400.0
Payments on multicurrency revolving facility     (400.0)
Redemption of senior notes (1,750.0) (500.0) (1,150.0)
Proceeds from term loans   200.0 675.0
Payments on term loans   (960.0) (1,425.0)
Net payments on other debt   (5.3) (3.9)
Dividends paid to stockholders (198.5) (196.7) (195.2)
Proceeds from employee stock compensation plans 129.8 158.2 107.9
Net cash flows from unremitted collections from factoring programs (54.6) (12.2) (36.7)
Business combination contingent consideration payments (15.0) (2.9) (19.8)
Debt issuance costs (22.3) (3.5) (4.9)
Other financing activities (8.3) (6.7) 0.9
Net cash used in financing activities (421.8) (779.9) (1,302.2)
Effect of exchange rates on cash and cash equivalents 15.3 (1.5) (10.2)
Increase in cash and cash equivalents 184.2 75.1 18.4
Cash and cash equivalents, beginning of year 617.9 542.8 524.4
Cash and cash equivalents, end of period 802.1 617.9 $ 542.8
Intellectual Property Rights      
Cash flows provided by (used in) investing activities:      
Acquisition of intellectual property rights $ (0.4) $ (197.6)