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Consolidated Condensed Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Cash Flows from Operating Activities          
Net income $ 1,110.1 $ 1,208.4 $ 3,855.6 $ 4,076.9  
Adjustments to Reconcile Net Income to Cash Flows from Operating Activities:          
Depreciation and amortization     1,101.9 956.4  
Change in deferred income taxes     (709.8) 66.2  
Debt extinguishment loss (Note 6) 405.2 0.0 405.2 0.0  
Stock-based compensation expense     267.5 220.3  
Net investment gains     (271.1) (909.5)  
Acquired in-process research and development (Note 3) 174.0 0.0 498.3 294.1  
Other changes in operating assets and liabilities, net of acquisitions and divestitures     (548.1) (232.2)  
Other non-cash operating activities, net     504.7 212.2  
Net Cash Provided by Operating Activities     5,104.2 4,684.4  
Cash Flows from Investing Activities          
Net purchases of property and equipment     (1,018.4) (933.2)  
Proceeds from sales and maturities of short-term investments     46.6 118.8  
Purchases of short-term investments     (27.9) (11.4)  
Proceeds from sales of noncurrent investments     537.2 574.1  
Purchases of noncurrent investments     (710.1) (223.7)  
Cash paid for acquisitions, net of cash acquired (Note 3)     (747.4) (849.3)  
Purchases of in-process research and development     (460.6) (276.4)  
Other investing activities, net     (2.7) 16.3  
Net Cash Used for Investing Activities     (2,383.3) (1,584.8)  
Cash Flows from Financing Activities          
Dividends paid     (2,313.5) (2,017.1)  
Net change in short-term borrowings     (1.5)    
Net change in short-term borrowings       (914.3)  
Proceeds from issuance of long-term debt     2,410.8 2,062.3  
Repayments of long-term debt     (1,905.3) (276.3)  
Purchases of common stock     (500.0) (500.0)  
Other financing activities, net     (295.3) (200.2)  
Net Cash Used for Financing Activities     (2,604.8) (1,845.6)  
Effect of exchange rate changes on cash and cash equivalents     15.0 3.8  
Net increase in cash and cash equivalents     131.1 1,257.8  
Cash and cash equivalents at January 1     3,657.1 2,337.5 $ 2,337.5
Cash and Cash Equivalents at September 30 $ 3,788.2 $ 3,595.3 $ 3,788.2 $ 3,595.3 $ 3,657.1