Subsidiary Guarantors

The following tables present condensed consolidating financial information for (a) the Company (for purposes of this discussion and table, "Parent Guarantor"); (b) Mylan Inc., the issuer of the Senior Notes, excluding the December 2015 Senior Notes (“Issuer”); and (c) all other subsidiaries of the Parent Guarantor on a combined basis, none of which guaranteed the Cash Convertible Notes or guarantee the Senior Notes ("Non-Guarantor Subsidiaries"). The consolidating adjustments primarily relate to eliminations of investments in subsidiaries and intercompany balances and transactions. The condensed consolidating financial statements present investments in subsidiaries using the equity method of accounting.

The Company was incorporated on July 7, 2014 as an indirect wholly owned subsidiary of Mylan Inc. for the purpose of consummating the EPD Transaction. Upon consummation of the EPD Transaction, on February 27, 2015, Mylan Inc. became an indirect wholly owned subsidiary of the Company, and the Company fully and unconditionally guaranteed the Cash Convertible Notes and the Senior Notes. For periods prior to February 27, 2015, the parent entity was Mylan Inc. Therefore, no Parent Guarantor column is presented for the periods prior to February 27, 2015.

In addition, the Company’s December 2015 Senior Notes are guaranteed on a senior unsecured basis by Mylan Inc. In connection with the offering of the December 2015 Senior Notes, the Company entered into a registration rights agreement pursuant to which the Company and Mylan Inc. will use commercially reasonable efforts to file a registration statement with respect to an offer to exchange each series of the December 2015 Senior Notes for new notes with the same aggregate principal amount and terms substantially identical in all material respects and to cause the exchange offer registration statement to be declared effective by the SEC and to consummate the exchange offer not later than 365 days following the date of issuance of the December 2015 Senior Notes.

The following financial information presents the related Condensed Consolidating Balance Sheet as of December 31, 2015 and 2014 and the related Condensed Consolidating Statements of Operations, Condensed Consolidating Statements of Comprehensive Earnings and Condensed Consolidating Statements of Cash Flows for each of the three years in the period end December 31, 2015. This condensed consolidating financial information has been prepared and presented in accordance with SEC Regulation S-X Rule 3-10 “Financial Statements of Guarantors and Issuers of Guaranteed Securities Registered or Being Registered.”

CONDENSED CONSOLIDATING BALANCE SHEET

As of December 31, 2015



(In millions)	Mylan N.V. (Parent Guarantor)		Mylan Inc. (Issuer)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Assets
Current assets:
Cash and cash equivalents	$	—	$	870.5	$	—	$	365.5	$	—		$	1,236.0
Accounts receivable, net	—		14.4		—		2,674.7		—			2,689.1
Inventories	—		—		—		1,951.0		—			1,951.0
Intercompany receivables	1,097.5		283.2		—		8,936.4		(10,317.1		)	—
Other current assets	0.3		244.8		—		351.5		—			596.6
Total current assets	1,097.8		1,412.9		—		14,279.1		(10,317.1		)	6,472.7
Property, plant and equipment, net	—		324.4		—		1,659.5		—			1,983.9
Investments in subsidiaries	9,947.7		8,007.7		—		—		(17,955.4		)	—
Intercompany notes and interest receivable	—		9,704.4		—		18.7		(9,723.1		)	—
Intangible assets, net	—		0.5		—		7,221.4		—			7,221.9
Goodwill	—		17.1		—		5,363.0		—			5,380.1
Other assets	—		135.3		—		1,073.8		—			1,209.1
Total assets	$	11,045.5	$	19,602.3	$	—	$	29,615.5	$	(37,995.6	)	$	22,267.7

LIABILITIES AND EQUITY
Liabilities
Current liabilities:
Trade accounts payable	$	—	$	33.5	$	—	$	1,076.1	$	—		$	1,109.6
Short-term borrowings	—		—		—		1.3		—			1.3
Income taxes payable	—		—		—		92.4		—			92.4
Current portion of long-term debt and other long-term obligations			1,010.1		—		66.9		—			1,077.0
Intercompany payables	283.2		10,033.9		—		—		(10,317.1		)	—
Other current liabilities	2.0		320.1		—		1,519.8		—			1,841.9
Total current liabilities	285.2		11,397.6		—		2,756.5		(10,317.1		)	4,122.2
Long-term debt	994.5		5,298.4		—		2.7		—			6,295.6
Intercompany notes payable	—		18.7		—		9,704.4		(9,723.1		)	—
Other long-term obligations	—		122.2		—		1,961.9		—			2,084.1
Total liabilities	1,279.7		16,836.9		—		14,425.5		(20,040.2		)	12,501.9

Total equity	9,765.8		2,765.4		—		15,190.0		(17,955.4		)	9,765.8

Total liabilities and equity	$	11,045.5	$	19,602.3	$	—	$	29,615.5	$	(37,995.6	)	$	22,267.7

CONDENSED CONSOLIDATING BALANCE SHEET

As of December 31, 2014



(In millions)	Mylan Inc. (Issuer)		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Assets
Current assets:
Cash and cash equivalents	$	112.9	$	—	$	112.6	$	—		$	225.5
Accounts receivable, net	16.6		—		2,251.9		—			2,268.5
Inventories	—		—		1,651.4		—			1,651.4
Intercompany receivables	—		—		7,973.6		(7,973.6		)	—
Other current assets	2,008.1		—		287.7		—			2,295.8
Total current assets	2,137.6		—		12,277.2		(7,973.6		)	6,441.2
Property, plant and equipment, net	283.6		—		1,502.1		—			1,785.7
Investments in subsidiaries	11,422.9		—		—		(11,422.9		)	—
Intercompany notes and interest receivable	5,897.7		—		18.2		(5,915.9		)	—
Intangible assets, net	—		—		2,347.1		—			2,347.1
Goodwill	17.1		—		4,032.2		—			4,049.3
Other assets	120.9		—		1,076.3		—			1,197.2
Total assets	$	19,879.8	$	—	$	21,253.1	$	(25,312.4	)	$	15,820.5

LIABILITIES AND EQUITY
Liabilities
Current liabilities:
Trade accounts payable	$	31.4	$	—	$	874.2	$	—		$	905.6
Short-term borrowings	—		—		330.7		—			330.7
Income taxes payable	—		—		160.7		—			160.7
Current portion of long-term debt and other long-term obligations	2,404.6		—		68.3		—			2,472.9
Intercompany payables	7,973.6		—		—		(7,973.6		)	—
Other current liabilities	352.9		—		1,081.2		—			1,434.1
Total current liabilities	10,762.5		—		2,515.1		(7,973.6		)	5,304.0
Long-term debt	5,699.9		—		—		—			5,699.9
Intercompany notes payable	18.2		—		5,897.7		(5,915.9		)	—
Other long-term obligations	123.2		—		1,417.4		—			1,540.6
Total liabilities	16,603.8		—		9,830.2		(13,889.5		)	12,544.5

Total equity	3,276.0		—		11,422.9		(11,422.9		)	3,276.0

Total liabilities and equity	$	19,879.8	$	—	$	21,253.1	$	(25,312.4	)	$	15,820.5

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Year Ended December 31, 2015



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Net sales	$	—		$	—		$	—	$	9,362.6		$	—		$	9,362.6
Other revenues	—			—			—		66.7			—			66.7
Total revenues	—			—			—		9,429.3			—			9,429.3
Cost of sales	—			—			—		5,213.2			—			5,213.2
Gross profit	—			—			—		4,216.1			—			4,216.1
Operating expenses:
Research and development	—			—			—		671.9			—			671.9
Selling, general and administrative	106.1			572.1			—		1,502.5			—			2,180.7
Litigation settlements, net	—			—			—		(97.4		)	—			(97.4		)
Total operating expenses	106.1			572.1			—		2,077.0			—			2,755.2
Earnings from operations	(106.1		)	(572.1		)	—		2,139.1			—			1,460.9
Interest expense	58.3			217.9			—		63.2			—			339.4
Other expense (income), net	41.1			—			—		165.0			—			206.1
(Losses) earnings before income taxes and noncontrolling interest	(205.5		)	(790.0		)	—		1,910.9			—			915.4
Income tax (benefit) provision	—			(23.2		)	—		90.9			—			67.7
Earnings (losses) of equity interest subsidiaries	1,053.2			1,814.8			—		—			(2,868.0		)	—
Net earnings	847.7			1,048.0			—		1,820.0			(2,868.0		)	847.7
Net earnings attributable to noncontrolling interest	(0.1		)	—			—		(0.1		)	0.1			(0.1		)
Net earnings attributable to Mylan N.V. ordinary shareholders	$	847.6		$	1,048.0		$	—	$	1,819.9		$	(2,867.9	)	$	847.6

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Year Ended December 31, 2014



(In millions)	Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Net sales	$	—		$	—	$	7,646.5		$	—		$	7,646.5
Other revenues	—			—		73.1			—			73.1
Total revenues	—			—		7,719.6			—			7,719.6
Cost of sales	—			—		4,191.6			—			4,191.6
Gross profit	—			—		3,528.0			—			3,528.0
Operating expenses:
Research and development	—			—		581.8			—			581.8
Selling, general and administrative	608.8			—		1,016.9			—			1,625.7
Litigation settlements, net	—			—		47.9			—			47.9
Other operating income, net	—			—		(80.0		)	—			(80.0		)
Total operating expenses	608.8			—		1,566.6			—			2,175.4
Earnings from operations	(608.8		)	—		1,961.4			—			1,352.6
Interest expense	273.4			—		59.8			—			333.2
Other expense (income), net	—			—		44.9			—			44.9
(Losses) earnings before income taxes and noncontrolling interest	(882.2		)	—		1,856.7			—			974.5
Income tax (benefit) provision	(39.7		)	—		81.1			—			41.4
Earnings (losses) of equity interest subsidiaries	1,775.6			—		—			(1,775.6		)	—
Net earnings	933.1			—		1,775.6			(1,775.6		)	933.1
Net earnings attributable to noncontrolling interest	—			—		(3.7		)	—			(3.7		)
Net earnings attributable to Mylan N.V. ordinary shareholders	$	933.1		$	—	$	1,771.9		$	(1,775.6	)	$	929.4

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Year Ended December 31, 2013



(In millions)	Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Net sales	$	—		$	—	$	6,856.6		$	—		$	6,856.6
Other revenues	—			—		52.5			—			52.5
Total revenues	—			—		6,909.1			—			6,909.1
Cost of sales	—			—		3,868.8			—			3,868.8
Gross profit	—			—		3,040.3			—			3,040.3
Operating expenses:
Research and development	—			—		507.8			—			507.8
Selling, general and administrative	521.0			—		887.5			—			1,408.5
Litigation settlements, net	—			—		(14.6		)	—			(14.6		)
Other operating income, net	—			—		3.1			—			3.1
Total operating expenses	521.0			—		1,383.8			—			1,904.8
Earnings from operations	(521.0		)	—		1,656.5			—			1,135.5
Interest expense	259.7			—		53.6			—			313.3
Other expense (income), net	—			—		74.9			—			74.9
(Losses) earnings before income taxes and noncontrolling interest	(780.7		)	—		1,528.0			—			747.3
Income tax (benefit) provision	(29.8		)	—		150.6			—			120.8
Earnings (losses) of equity interest subsidiaries	1,377.4			—		—			(1,377.4		)	—
Net earnings	626.5			—		1,377.4			(1,377.4		)	626.5
Net earnings attributable to noncontrolling interest	—			—		(2.8		)	—			(2.8		)
Net earnings attributable to Mylan N.V. ordinary shareholders	$	626.5		$	—	$	1,374.6		$	(1,377.4	)	$	623.7

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE EARNINGS

Year Ended December 31, 2015



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net earnings	$	847.7		$	1,048.0		$	—	$	1,820.0		$	(2,868.0	)	$	847.7
Other comprehensive (loss) earnings, before tax:
Foreign currency translation adjustment	(790.9		)	—			—		(790.9		)	790.9			(790.9		)
Change in unrecognized gain and prior service cost related to defined benefit plans	3.1			0.4			—		2.7			(3.1		)	3.1
Net unrecognized gain on derivatives	16.7			23.4			—		(6.7		)	(16.7		)	16.7
Net unrealized loss on marketable securities	(2.0		)	(1.3		)	—		(0.7		)	2.0			(2.0		)
Other comprehensive (loss) earnings, before tax	(773.1		)	22.5			—		(795.6		)	773.1			(773.1		)
Income tax provision (benefit)	4.2			8.7			—		(4.5		)	(4.2		)	4.2
Other comprehensive (loss) earnings, net of tax	(777.3		)	13.8			—		(791.1		)	777.3			(777.3		)
Comprehensive earnings	70.4			1,061.8			—		1,028.9			(2,090.7		)	70.4
Comprehensive earnings attributable to the noncontrolling interest	(0.1		)	—			—		(0.1		)	0.1			(0.1		)
Comprehensive earnings attributable to Mylan N.V. ordinary shareholders	$	70.3		$	1,061.8		$	—	$	1,028.8		$	(2,090.6	)	$	70.3

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE EARNINGS

Year Ended December 31, 2014



(In millions)	Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net earnings	933.1			—		1,775.6			(1,775.6		)	933.1
Other comprehensive (loss) earnings, before tax:
Foreign currency translation adjustment	(622.9		)	—		(622.9		)	622.9			(622.9		)
Change in unrecognized (loss) gain and prior service cost related to defined benefit plans	(11.8		)	—		(7.4		)	7.4			(11.8		)
Net unrecognized (loss) gain on derivatives	(182.6		)	—		30.4			(30.4		)	(182.6		)
Other comprehensive (loss) earnings, before tax	(817.3		)	—		(599.9		)	599.9			(817.3		)
Income tax (benefit) provision	(70.4		)	—		10.0			(10.0		)	(70.4		)
Other comprehensive (loss) earnings, net of tax	(746.9		)	—		(609.9		)	609.9			(746.9		)
Comprehensive earnings (loss)	186.2			—		1,165.7			(1,165.7		)	186.2
Comprehensive earnings attributable to the noncontrolling interest	(3.7		)	—		(3.7		)	3.7			(3.7		)
Comprehensive earnings attributable to Mylan N.V. ordinary shareholders	$	182.5		$	—	$	1,162.0		$	(1,162.0	)	$	182.5

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE EARNINGS

Year Ended December 31, 2013



(In millions)	Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net earnings	$	626.5		$	—	$	1,377.4		$	(1,377.4	)	$	626.5
Other comprehensive (loss) earnings, before tax:
Foreign currency translation adjustment	(273.7		)	—		(273.7		)	273.7			(273.7		)
Change in unrecognized gain (loss) and prior service cost related to defined benefit plans	8.2			—		7.5			(7.5		)	8.2
Net unrecognized gain (loss) on derivatives	180.4			—		(34.5		)	34.5			180.4
Net unrealized loss on marketable securities	(1.1		)	—		(1.2		)	1.2			(1.1		)
Other comprehensive (loss) earnings, before tax	(86.2		)	—		(301.9		)	301.9			(86.2		)
Income tax provision (benefit)	67.4			—		(10.0		)	10.0			67.4
Other comprehensive (loss) earnings, net of tax	(153.6		)	—		(291.9		)	291.9			(153.6		)
Comprehensive earnings (loss)	472.9			—		1,085.5			(1,085.5		)	472.9
Comprehensive earnings attributable to the noncontrolling interest	(2.8		)	—		(2.8		)	2.8			(2.8		)
Comprehensive earnings attributable to Mylan N.V. ordinary shareholders	$	470.1		$	—	$	1,082.7		$	(1,082.7	)	$	470.1

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Year Ended December 31, 2015



(In millions)	Mylan N.V. (Parent Guarantor)			Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	(57.5	)	$	(707.2	)	$	—	$	2,773.2		$	—		$	2,008.5
Cash flows from investing activities:
Capital expenditures	—			(85.4		)	—		(277.5		)	—			(362.9		)
Change in restricted cash	—			(3.6		)	—		25.4			—			21.8
Cash paid for acquisitions, net	—			—			—		(693.1		)	—			(693.1		)
Proceeds from sale of property, plant and equipment	—			—			—		2.3			—			2.3
Purchase of marketable securities	—			—			—		(62.1		)	—			(62.1		)
Proceeds from sale of marketable securities	—			—			—		33.1			—			33.1
Investments in affiliates	—			(607.9		)	—		—			607.9			—
Loans to affiliates	(1,097.5		)	(5,856.4		)	—		(7,682.2		)	14,636.1			—
Repayments of loans from affiliates	—			358.5			—		1,198.5			(1,557.0		)	—
Payments for product rights and other, net	—			(1.5		)	—		(507.3		)	—			(508.8		)
Net cash (used in) provided by investing activities	(1,097.5		)	(6,196.3		)	—		(7,962.9		)	13,687.0			(1,569.7		)
Cash flows from financing activities:
Payment of financing fees	(104.4		)	(26.0		)	—		—			—			(130.4		)
Purchase of ordinary shares	(67.5		)	—			—		—			—			(67.5		)
Change in short-term borrowings, net	—			—			—		(329.2		)	—			(329.2		)
Proceeds from convertible note hedge	—			1,970.8			—		—			—			1,970.8
Proceeds from issuance of long-term debt	999.2			2,540.0			—		—			—			3,539.2
Payment of long-term debt	—			(4,484.1		)	—		—			—			(4,484.1		)
Proceeds from exercise of stock options	44.4			53.3			—		—			—			97.7
Taxes paid related to net share settlement of equity awards	—			(25.9		)	—		(5.9		)	—			(31.8		)
Capital contribution from affiliates	—			—			—		607.9			(607.9		)	—
Payments on borrowings from affiliates	—			(1,198.5		)	—		(358.5		)	1,557.0			—
Proceeds from borrowings from affiliates	283.2			8,779.7			—		5,573.2			(14,636.1		)	—
Acquisition of noncontrolling interest	—			—			—		(11.7		)	—			(11.7		)
Other items, net	—			51.8			—		—			—			51.8
Net cash provided by (used in) financing activities	1,154.9			7,661.1			—		5,475.8			(13,687.0		)	604.8
Effect on cash of changes in exchange rates	—			—			—		(33.1		)	—			(33.1		)
Net (decrease) increase in cash and cash equivalents	(0.1		)	757.6			—		253.0			—			1,010.5
Cash and cash equivalents — beginning of period	0.1			112.9			—		112.5			—			225.5
Cash and cash equivalents — end of period	$	—		$	870.5		$	—	$	365.5		$	—		$	1,236.0
Supplemental disclosures of cash flow information —
Non-cash transactions:
Contingent consideration	$	—		$	—		$	—	$	18.0		$	—		$	18.0
Ordinary shares issued for acquisition	$	6,305.8		$	—		$	—	$	—		$	—		$	6,305.8

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Year Ended December 31, 2014



(In millions)	Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	(705.1	)	$	—	$	1,719.9		$	—		$	1,014.8
Cash flows from investing activities:
Capital expenditures	(72.1		)	—		(253.2		)	—			(325.3		)
Change in restricted cash	—			—		(5.1		)	—			(5.1		)
Cash paid for acquisitions, net	—			—		(50.0		)	—			(50.0		)
Proceeds from sale of property, plant and equipment	—			—		8.9			—			8.9
Purchase of marketable securities	(2.8		)	—		(17.1		)	—			(19.9		)
Proceeds from sale of marketable securities	1.6			—		18.6			—			20.2
Investments in affiliates	(64.1		)	—		—			64.1			—
Loans to affiliates	(5,901.0		)	—		(6,857.5		)	12,758.5			—
Repayments of loans from affiliates	5.8			—		20.2			(26.0		)	—
Payments for product rights and other, net	(1.9		)	—		(427.2		)	—			(429.1		)
Net cash (used in) provided by investing activities	(6,034.5		)	—		(7,562.4		)	12,796.6			(800.3		)
Cash flows from financing activities:
Payment of financing fees	(5.8		)	—		—			—			(5.8		)
Change in short-term borrowings, net	—			—		(107.8		)	—			(107.8		)
Proceeds from issuance of long-term debt	2,235.0			—		—			—			2,235.0
Payment of long-term debt	(2,295.8		)	—		—			—			(2,295.8		)
Proceeds from exercise of stock options	53.8			—		—			—			53.8
Taxes paid related to net share settlement of equity awards	(17.3		)	—		(10.4		)	—			(27.7		)
Payments for contingent consideration	—			—		(150.0		)	—			(150.0		)
Capital contribution from affiliates	—			—		64.1			(64.1		)	—
Proceeds from borrowings from affiliates	6,857.5			—		5,901.0			(12,758.5		)	—
Payments on borrowings from affiliates	(20.2		)	—		(5.8		)	26.0			—
Other items, net	30.9			—		—			—			30.9
Net cash provided by (used in) financing activities	6,838.1			—		5,691.1			(12,796.6		)	(267.4		)
Effect on cash of changes in exchange rates	—			—		(12.9		)	—			(12.9		)
Net increase (decrease) in cash and cash equivalents	98.5			—		(164.3		)	—			(65.8		)
Cash and cash equivalents — beginning of period	14.4			—		276.9			—			291.3
Cash and cash equivalents — end of period	$	112.9		$	—	$	112.6		$	—		$	225.5

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Year Ended December 31, 2013



(In millions)	Mylan Inc. (Issuer)			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	(420.1	)	$	—	$	1,526.7		$	—		$	1,106.6
Cash flows from investing activities:
Capital expenditures	(108.1		)	—		(226.5		)	—			(334.6		)
Change in restricted cash	(23.5		)	—		(204.5		)	—			(228.0		)
Cash paid for acquisitions, net	—			—		(1,261.9		)	—			(1,261.9		)
Proceeds from sale of property, plant and equipment	—			—		25.3			—			25.3
Purchase of marketable securities	(3.5		)	—		(15.8		)	—			(19.3		)
Proceeds from sale of marketable securities	—			—		10.6			—			10.6
Investments in affiliates	(874.8		)	—		—			874.8			—
Loans to affiliates	(4,143.2		)	—		(4,928.7		)	9,071.9			—
Repayments of loans from affiliates	17.9			—		17.0			(34.9		)	—
Payments for product rights and other, net	(3.8		)	—		(57.1		)	—			(60.9		)
Net cash (used in) provided by investing activities	(5,139.0		)	—		(6,641.6		)	9,911.8			(1,868.8		)
Cash flows from financing activities:
Payment of financing fees	(34.6		)	—		—			—			(34.6		)
Purchase of common stock	(1,000.0		)	—		—			—			(1,000.0		)
Change in short-term borrowings, net	—			—		141.4			—			141.4
Proceeds from issuance of long-term debt	4,974.7			—		—			—			4,974.7
Payment of long-term debt	(3,480.3		)	—		—			—			(3,480.3		)
Proceeds from exercise of stock options	76.2			—		—			—			76.2
Capital contribution from affiliates	—			—		874.8			(874.8		)	—
Proceeds from borrowings from affiliates	4,928.7			—		4,143.2			(9,071.9		)	—
Payments on borrowings from affiliates	(17.0		)	—		(17.9		)	34.9			—
Other items, net	15.5			—		—			—			15.5
Net cash provided by (used in) financing activities	5,463.2			—		5,141.5			(9,911.8		)	692.9
Effect on cash of changes in exchange rates	—			—		10.6			—			10.6
Net (decrease) increase in cash and cash equivalents	(95.9		)	—		37.2			—			(58.7		)
Cash and cash equivalents — beginning of period	110.3			—		239.7			—			350.0
Cash and cash equivalents — end of period	$	14.4		$	—	$	276.9		$	—		$	291.3
Supplemental disclosures of cash flow information —
Non-cash transactions:
Contingent consideration	$	—		$	—	$	250.0		$	—		$	250.0