Subsidiary Guarantors

12 Months Ended

Dec. 31, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]

Subsidiary Guarantors

The following tables present condensed consolidating financial information for (a) Mylan N.V., the issuer of the June 2016 Senior Notes and December 2015 Senior Notes which are guaranteed on a senior unsecured basis by Mylan Inc.; (b) Mylan Inc., the issuer of the 1.800% Senior Notes due 2016, 1.350% Senior Notes due 2016, 2.600% Senior Notes due 2018, 2.550% Senior Notes due 2019, 3.125% Senior Notes due 2023, 4.200% Senior Notes due 2023 and 5.400% Senior Notes due 2043 (collectively, the “Mylan Inc. Senior Notes”), which are guaranteed on a senior unsecured basis by Mylan N.V.; and (c) all other subsidiaries of the Company on a combined basis, none of which guarantee the June 2016 Senior Notes, the December 2015 Senior Notes or guarantee the Mylan Inc. 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 Mylan Inc. Senior Notes. For periods prior to February 27, 2015, the parent entity was Mylan Inc.

The following financial information presents the related Condensed Consolidating Balance Sheet as of December 31, 2016 and 2015 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 ended December 31, 2016. 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, 2016

(In millions)	Mylan N.V.		Mylan Inc.		Guarantor Subsidiaries		Non-Guarantor Subsidiaries		Eliminations			Consolidated
ASSETS
Assets
Current assets:
Cash and cash equivalents	$	0.3	$	12.3	$	—	$	986.2	$	—		$	998.8
Accounts receivable, net	—		12.3		—		3,298.6		—			3,310.9
Inventories	—		—		—		2,456.4		—			2,456.4
Intercompany receivables	215.9		416.0		—		10,506.6		(11,138.5		)	—
Prepaid expenses and other current assets	—		256.4		—		500.0		—			756.4
Total current assets	216.2		697.0		—		17,747.8		(11,138.5		)	7,522.5
Property, plant and equipment, net	—		360.3		—		1,961.9		—			2,322.2
Investments in subsidiaries	15,606.2		8,277.8		—		—		(23,884.0		)	—
Intercompany notes and interest receivable	7,952.3		9,817.3		—		16.7		(17,786.3		)	—
Intangible assets, net	—		—		—		14,447.8		—			14,447.8
Goodwill	—		17.1		—		9,214.8		—			9,231.9
Other assets	5.2		51.9		—		1,144.7		—			1,201.8
Total assets	$	23,779.9	$	19,221.4	$	—	$	44,533.7	$	(52,808.8	)	$	34,726.2
LIABILITIES AND EQUITY
Liabilities
Current liabilities:
Trade accounts payable	$	3.9	$	69.6	$	—	$	1,274.6	$	—		$	1,348.1
Short-term borrowings	—		—		—		46.4		—			46.4
Income taxes payable	—		—		—		97.7		—			97.7
Current portion of long-term debt and other long-term obligations	—		0.2		—		289.8		—			290.0
Intercompany payables	416.0		10,722.5		—		—		(11,138.5		)	—
Other current liabilities	90.9		388.8		—		2,778.8		—			3,258.5
Total current liabilities	510.8		11,181.1		—		4,487.3		(11,138.5		)	5,040.7
Long-term debt	12,151.5		2,897.6		—		153.8		—			15,202.9
Intercompany notes payable	—		3,870.9		—		13,915.4		(17,786.3		)	—
Other long-term obligations	—		58.1		—		3,306.9		—			3,365.0
Total liabilities	12,662.3		18,007.7		—		21,863.4		(28,924.8		)	23,608.6
Total equity	11,117.6		1,213.7		—		22,670.3		(23,884.0		)	11,117.6
Total liabilities and equity	$	23,779.9	$	19,221.4	$	—	$	44,533.7	$	(52,808.8	)	$	34,726.2

CONDENSED CONSOLIDATING BALANCE SHEET

As of December 31, 2015

(In millions)	Mylan N.V.		Mylan Inc.		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 STATEMENT OF OPERATIONS

Year Ended December 31, 2016

(In millions)	Mylan N.V.			Mylan Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Revenues:
Net sales	$	—		$	—		$	—	$	10,967.1		$	—		$	10,967.1
Other revenues	—			—			—		109.8			—			109.8
Total revenues	—			—			—		11,076.9			—			11,076.9
Cost of sales	—			—			—		6,379.9			—			6,379.9
Gross profit	—			—			—		4,697.0			—			4,697.0
Operating expenses:
Research and development	—			—			—		826.8			—			826.8
Selling, general and administrative	71.6			664.1			—		1,760.4			—			2,496.1
Litigation settlements and other contingencies, net	—			—			—		672.5			—			672.5
Total operating expenses	71.6			664.1			—		3,259.7			—			3,995.4
Earnings from operations	(71.6		)	(664.1		)	—		1,437.3			—			701.6
Interest expense	198.4			161.3			—		95.1			—			454.8
Other (income) expense, net	(55.6		)	(193.2		)	—		373.9			—			125.1
(Losses) earnings before income taxes and noncontrolling interest	(214.4		)	(632.2		)	—		968.3			—			121.7
Income tax benefit	(19.5		)	(18.2		)	—		(320.6		)	—			(358.3		)
Earnings (losses) of equity interest subsidiaries	674.9			1,360.2			—		—			(2,035.1		)	—
Net earnings	480.0			746.2			—		1,288.9			(2,035.1		)	480.0
Net earnings attributable to noncontrolling interest	—			—			—		—			—			—
Net earnings attributable to Mylan N.V. ordinary shareholders	$	480.0		$	746.2		$	—	$	1,288.9		$	(2,035.1	)	$	480.0

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

Year Ended December 31, 2015

(In millions)	Mylan N.V.			Mylan Inc.			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 and other contingencies, 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, 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.			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 and other contingencies, net	—			—		(32.1		)	—			(32.1		)
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, 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 COMPREHENSIVE EARNINGS

Year Ended December 31, 2016

(In millions)	Mylan N.V.			Mylan Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net earnings	$	480.0		$	746.2		$	—	$	1,288.9		$	(2,035.1	)	$	480.0
Other comprehensive (loss) earnings, before tax:
Foreign currency translation adjustment	(507.4		)	—			—		(507.4		)	507.4			(507.4		)
Change in unrecognized gain and prior service cost related to defined benefit plans	21.4			(1.1		)	—		22.5			(21.4		)	21.4
Net unrecognized gain on derivatives in cash flow hedging relationships	(31.2		)	(47.7		)	—		16.5			31.2			(31.2		)
Net unrecognized loss on derivatives in net investment hedging relationships	(1.8		)	—			—		(1.8		)	1.8			(1.8		)
Net unrealized loss on marketable securities	24.6			24.6			—		—			(24.6		)	24.6
Other comprehensive (loss) earnings, before tax	(494.4		)	(24.2		)	—		(470.2		)	494.4			(494.4		)
Income tax provision (benefit)	5.0			(9.1		)	—		4.1			5.0			5.0
Other comprehensive (loss) earnings, net of tax	(499.4		)	(15.1		)	—		(474.3		)	489.4			(499.4		)
Comprehensive earnings	(19.4		)	731.1			—		814.6			(1,545.7		)	(19.4		)
Comprehensive earnings attributable to the noncontrolling interest	—			—			—		—			—			—
Comprehensive earnings attributable to Mylan N.V. ordinary shareholders	$	(19.4	)	$	731.1		$	—	$	814.6		$	(1,545.7	)	$	(19.4	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE EARNINGS

Year Ended December 31, 2015

(In millions)	Mylan N.V.			Mylan Inc.			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 (loss) 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.			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 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, net of tax	(746.9		)	—		(609.9		)	609.9			(746.9		)
Comprehensive earnings	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 CASH FLOWS

Year Ended December 31, 2016

(In millions)	Mylan N.V.			Mylan Inc.			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Eliminations			Consolidated
Cash flows from operating activities:
Net cash (used in) provided by operating activities	$	(0.3	)	$	(518.3	)	$	—	$	2,565.8		$	—		$	2,047.2
Cash flows from investing activities:
Capital expenditures	—			(94.4		)	—		(296.0		)	—			(390.4		)
Change in restricted cash	—			(49.5		)	—		106.6			—			57.1
Cash paid for acquisitions, net	(5,608.8		)	(931.3		)	—		58.2			—			(6,481.9		)
Settlement of acquisition-related foreign currency derivatives	(128.6		)	—			—		—			—			(128.6		)
Cash paid for deferred purchase price	—			—			—		(308.0		)	—			(308.0		)
Purchase of marketable securities	—			(4.3		)	—		(25.9		)	—			(30.2		)
Proceeds from sale of marketable securities	—			—			—		21.5			—			21.5
Investments in affiliates	—			(49.6		)	—		—			49.6			—
Dividends from affiliates	135.6			—			—		—			(135.6		)	—
Loans to affiliates	(14,073.5		)	(530.2		)	—		(3,185.0		)	17,788.7			—
Repayments of loans from affiliates	8,539.6			793.0			—		1,914.1			(11,246.7		)	—
Payments for product rights and other, net	—			3.3			—		(363.5		)	—			(360.2		)
Net cash (used in) provided by investing activities	(11,135.7		)	(863.0		)	—		(2,078.0		)	6,456.0			(7,620.7		)
Cash flows from financing activities:
Payments of financing fees	(112.6		)	—			—		—			—			(112.6		)
Purchase of ordinary shares	—			—			—		—			—			—
Change in short-term borrowings, net	—			—			—		40.8			—			40.8
Proceeds from convertible note hedge	—			—			—		—			—			—
Proceeds from issuance of long-term debt	11,652.6			—			—		99.6			—			11,752.2
Payments of long-term debt	(400.0		)	(3,400.0		)	—		(2,496.3		)	—			(6,296.3		)
Proceeds from exercise of stock options	13.8			—			—		—			—			13.8
Taxes paid related to net share settlement of equity awards	(17.5		)	—			—		—			—			(17.5		)
Contingent consideration payments	—			—			—		(35.5		)	—			(35.5		)
Capital contribution from affiliates	—			—			—		49.6			(49.6		)	—
Capital payments to affiliates	—			—			—		(135.6		)	135.6			—
Payments on borrowings from affiliates	—			(3,021.9		)	—		(8,224.9		)	11,246.8			—
Proceeds from borrowings from affiliates	—			6,961.2			—		10,827.6			(17,788.8		)	—
Acquisition of noncontrolling interest	—			—			—		(1.1		)	—			(1.1		)
Other items, net	—			(16.2		)	—		17.0			—			0.8
Net cash provided by (used in) financing activities	11,136.3			523.1			—		141.2			(6,456.0		)	5,344.6
Effect on cash of changes in exchange rates	—			—			—		(8.3		)	—			(8.3		)
Net (decrease) increase in cash and cash equivalents	0.3			(858.2		)	—		620.7			—			(237.2		)
Cash and cash equivalents — beginning of period	—			870.5			—		365.5			—			1,236.0
Cash and cash equivalents — end of period	$	0.3		$	12.3		$	—	$	986.2		$	—		$	998.8
Supplemental disclosures of cash flow information —
Non-cash transactions:
Contingent consideration	$	—		$	—		$	—	$	16.0		$	—		$	16.0
Ordinary shares issued for acquisition	$	1,281.7		$	—		$	—	$	—		$	—		$	1,281.7

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

Year Ended December 31, 2015

(In millions)	Mylan N.V.			Mylan Inc.			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		)
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		)	—		(505.0		)	—			(506.5		)
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:
Payments 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
Payments 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		)	—
Proceeds from borrowings from affiliates	283.2			8,779.7			—		5,573.2			(14,636.1		)	—
Payments on borrowings from affiliates	—			(1,198.5		)	—		(358.5		)	1,557.0			—
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.			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		)
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		)	—		(418.3		)	—			(420.2		)
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