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Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Cash flows from operating activities:    
Net earnings attributable to Viatris Inc. common shareholders $ 113.9 $ 224.7
Adjustments to reconcile net earnings to net cash provided by operating activities:    
Depreciation and amortization 691.0 730.0
Share-based compensation expense 46.7 42.6
Deferred income tax benefit (51.9) (26.7)
Gain on disposal of business (70.4) 0.0
Acquired IPR&D (5.2) 0.0
Other non-cash items (3.0) 29.6
Litigation settlements and other contingencies, net 80.3 2.4
Changes in operating assets and liabilities:    
Accounts receivable 9.8 215.0
Inventories (370.4) (151.1)
Accounts payable 287.9 183.4
Income taxes (2.3) (53.9)
Other operating assets and liabilities, net (111.8) (224.8)
Net cash provided by operating activities 614.6 971.2
Cash flows from investing activities:    
Cash paid for acquisitions, net of cash acquired (350.0) (667.7)
Capital expenditures (49.8) (47.8)
Purchase of marketable securities (7.7) (9.0)
Proceeds from the sale of marketable securities 7.7 9.0
Payments for product rights and other, net (1.0) (34.7)
Refund of IPR&D 5.2 0.0
Proceeds from sale of assets and subsidiaries 240.6 0.0
Proceeds from the sale of property, plant and equipment 0.7 0.7
Net cash used in investing activities (154.3) (749.5)
Cash flows from financing activities:    
Payments of long-term debt 0.0 (750.1)
Purchase of common stock (250.0) (250.0)
Change in short-term borrowings, net 0.0 204.6
Taxes paid related to net share settlement of equity awards (28.7) (30.0)
Contingent consideration payments (10.9) (8.4)
Cash dividends paid (142.8) (143.8)
Non-contingent payments for product rights 0.0 (9.7)
Issuance of common stock 0.6 0.9
Other items, net 6.2 11.8
Net cash used in financing activities (425.6) (974.7)
Effect on cash of changes in exchange rates (12.4) 1.2
Net increase (decrease) in cash, cash equivalents and restricted cash 22.3 (751.8)
Cash, cash equivalents and restricted cash — beginning of period 993.6 1,262.5
Cash, cash equivalents and restricted cash — end of period $ 1,015.9 $ 510.7