5. Supplemental Cash Flow Information Cash Flow, Supplemental Disclosure (Tables)

9 Months Ended

Sep. 30, 2019

Supplemental Cash Flow Elements [Abstract]

Cash Flow, Supplemental Disclosures [Text Block]

SUPPLEMENTAL CASH FLOW INFORMATION

The reconciliation of net income to net cash provided by operating activities is as follows (in millions):

	Nine Months Ended
	September 30, 2019			September 30, 2018
Net income	$	1,205.2		$	1,194.1
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	99.8			103.6
Right-of-use asset amortization	31.1			—
Share-based compensation	25.4			19.2
(Gains) losses on dispositions of securities	(0.2		)	1.0
Other-than-temporary impairment loss on investment	1.6			—
Change in fair market value of equity securities	(1,385.0		)	(1,420.3		)
Gain on divestiture of a product line	—			(5.1		)
Losses on dispositions of fixed assets	0.3			1.2
Gain on sale of land	—			(4.1		)
Changes in fair value of contingent consideration	(0.6		)	(6.5		)
Payments for operating lease liabilities	(27.6		)	—
Decrease in accounts receivable	30.4			72.2
Increase in inventories	(14.5		)	(26.3		)
Decrease (increase) in other current assets	47.9			(8.9		)
Decrease in accounts payable and other current liabilities	(24.6		)	(43.1		)
Decrease in income taxes payable	(2.8		)	(22.1		)
Increase in deferred income taxes	310.9			316.7
Increase in other long term liabilities	5.5			5.4
Other	(4.7		)	3.5
Net cash provided by operating activities	$	298.1		$	180.5
Non-cash investing activities:
Purchased property, plant and equipment	$	4.5		$	5.7
Purchased marketable securities and investments	$	2.8		$	1.2

Schedule of Cash Flow, Supplemental Disclosures [Table Text Block]

The reconciliation of net income to net cash provided by operating activities is as follows (in millions):

	Nine Months Ended
	September 30, 2019			September 30, 2018
Net income	$	1,205.2		$	1,194.1
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	99.8			103.6
Right-of-use asset amortization	31.1			—
Share-based compensation	25.4			19.2
(Gains) losses on dispositions of securities	(0.2		)	1.0
Other-than-temporary impairment loss on investment	1.6			—
Change in fair market value of equity securities	(1,385.0		)	(1,420.3		)
Gain on divestiture of a product line	—			(5.1		)
Losses on dispositions of fixed assets	0.3			1.2
Gain on sale of land	—			(4.1		)
Changes in fair value of contingent consideration	(0.6		)	(6.5		)
Payments for operating lease liabilities	(27.6		)	—
Decrease in accounts receivable	30.4			72.2
Increase in inventories	(14.5		)	(26.3		)
Decrease (increase) in other current assets	47.9			(8.9		)
Decrease in accounts payable and other current liabilities	(24.6		)	(43.1		)
Decrease in income taxes payable	(2.8		)	(22.1		)
Increase in deferred income taxes	310.9			316.7
Increase in other long term liabilities	5.5			5.4
Other	(4.7		)	3.5
Net cash provided by operating activities	$	298.1		$	180.5
Non-cash investing activities:
Purchased property, plant and equipment	$	4.5		$	5.7
Purchased marketable securities and investments	$	2.8		$	1.2