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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Cash flows from operating activities:      
Net earnings $ 480.0 $ 847.7 $ 933.1
Adjustments to reconcile net earnings to net cash provided by operating activities:      
Depreciation and amortization 1,523.0 1,032.1 566.6
Deferred income tax benefit (609.5) (115.9) (315.2)
Litigation settlements and other contingencies, net 597.7 15.1 7.4
Losses on acquisition-related foreign currency derivatives 128.6 0.0 0.0
Loss from equity method investments 112.8 105.1 91.4
Stock-based compensation expense 88.9 92.8 66.0
Write off of financing fees 35.8 99.6 0.0
Other non-cash items 499.4 263.2 139.1
Changes in operating assets and liabilities:      
Accounts receivable (131.8) 65.8 (231.2)
Inventories (279.3) (320.4) (147.5)
Trade accounts payable 87.7 131.8 (0.3)
Income taxes 37.5 (164.2) 78.5
Other operating assets and liabilities, net (523.6) (44.2) (173.1)
Net cash provided by operating activities 2,047.2 2,008.5 1,014.8
Cash flows from investing activities:      
Cash paid for acquisitions, net (6,481.9) (693.1) (50.0)
Capital expenditures (390.4) (362.9) (325.3)
Payments for product rights and other, net (360.2) (506.5) (420.2)
Cash paid for Meda's unconditional deferred payment (308.0) 0.0 0.0
Settlement of acquisition-related foreign currency derivatives (128.6) 0.0 0.0
Purchase of marketable securities (30.2) (62.1) (19.9)
Change in restricted cash 57.1 21.8 (5.1)
Proceeds from sale of marketable securities 21.5 33.1 20.2
Net cash used in investing activities (7,620.7) (1,569.7) (800.3)
Cash flows from financing activities:      
Proceeds from issuance of long-term debt 11,752.2 3,539.2 2,235.0
Payment of long-term debt (6,296.3) (4,484.1) (2,295.8)
Payment of financing fees (112.6) (130.4) (5.8)
Proceeds from convertible note hedge 0.0 1,970.8 0.0
Change in short-term borrowings, net 40.8 (329.2) (107.8)
Purchase of common stock 0.0 (67.5) 0.0
Proceeds from exercise of stock options 13.8 97.7 53.8
Taxes paid related to net share settlement of equity awards (17.5) (31.8) (27.7)
Contingent consideration payments (35.5) 0.0 (150.0)
Acquisition of noncontrolling interest (1.1) (11.7) 0.0
Other items, net 0.8 51.8 30.9
Net cash provided by (used in) financing activities 5,344.6 604.8 (267.4)
Effect on cash of changes in exchange rates (8.3) (33.1) (12.9)
Net (decrease) increase in cash and cash equivalents (237.2) 1,010.5 (65.8)
Cash and cash equivalents — beginning of period 1,236.0 225.5 291.3
Cash and cash equivalents — end of period 998.8 1,236.0 225.5
Non-cash transactions:      
Non-cash transactions   18.0  
Ordinary shares issued for acquisition 1,281.7 6,305.8 0.0
Cash paid during the period for:      
Income taxes 285.6 302.9 210.5
Interest 357.2 254.7 273.8
Other current liabilities      
Non-cash transactions:      
Non-cash transactions $ 16.0 $ 18.0 $ 0.0