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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Cash flows from operating activities:    
Net (loss) earnings attributable to Viatris Inc. common shareholders $ (1,037.6) $ 20.8
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:    
Depreciation and amortization 1,422.5 415.0
Share-based Compensation 32.7 19.4
Deferred income tax expense (benefit) 288.4 (43.9)
Loss from equity method investments 17.9 17.3
Other non-cash items 33.3 28.7
Litigation settlements and other contingencies, net 22.9 7.2
Changes in operating assets and liabilities:    
Accounts receivable (59.8) 73.6
Inventories (203.4) (131.8)
Accounts payable 191.9 (201.0)
Income taxes 494.6 10.8
Other operating assets and liabilities, net (354.6) 75.0
Net cash provided by operating activities 848.8 291.1
Cash flows from investing activities:    
Cash paid for acquisitions, net 277.0 0.0
Capital expenditures (49.5) (43.4)
Purchase of marketable securities (12.3) (53.6)
Proceeds from the sale of marketable securities 12.3 18.1
Payments for product rights and other, net (3.7) (67.1)
Proceeds from the sale of assets 12.5 0.4
Net cash used in investing activities 236.3 (145.6)
Cash flows from financing activities:    
Proceeds from issuance of long-term debt 0.0 33.1
Payments of long-term debt 0.0 (33.0)
Change in short-term borrowings, net (1,063.9) 0.0
Taxes paid related to net share settlement of equity awards (7.8) (5.0)
Contingent consideration payments (26.0) (19.3)
Proceeds from exercise of stock options 0.0 0.6
Other items, net (2.1) (1.2)
Net cash used in financing activities (1,099.8) (24.8)
Effect on cash of changes in exchange rates (22.2) (23.9)
Net (decrease) increase in cash, cash equivalents and restricted cash (36.9) 96.8
Cash, cash equivalents and restricted cash — beginning of period 850.0 491.1
Cash, cash equivalents and restricted cash — end of period $ 813.1 $ 587.9