XML 82 R6.htm IDEA: XBRL DOCUMENT v3.19.3
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Dec. 31, 2018
Cash flows from operating activities:          
Net loss $ (625.8) $ (7,311.0) $ (687.2) $ (7,126.0) $ (6,942.5)
Adjustments to reconcile net loss to net cash provided by operating activities:          
Depreciation and amortization     324.8 337.6  
Impairment of goodwill, intangibles and other assets     1,260.4 9,248.1  
Gain from sale of businesses, net     (0.3) (489.3)  
Deferred income taxes     (296.0) (1,193.1)  
Stock-based compensation expense     29.3 57.9  
Loss on change in fair value of investments     19.0 0.0  
Other, net     3.6 2.9  
Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures:          
Accounts receivable     146.3 (122.4)  
Inventories     (246.1) (262.3)  
Accounts payable     (30.3) (61.4)  
Accrued liabilities and other     (99.4) (210.4)  
Net cash provided by operating activities     424.1 181.6  
Cash flows from investing activities:          
Proceeds from sale of divested businesses     753.4 2,774.6  
Capital expenditures     (171.7) (273.7)  
Other investing activities     (0.7) 58.4  
Net cash provided by investing activities     581.0 2,559.3  
Cash flows from financing activities:          
Net short-term debt     278.9 (903.9)  
Payments on current portion long-term debt     (268.2) 0.0  
Payments on long-term debt     (706.4) (2.0)  
Debt extinguishment costs     (31.4) 0.0  
Repurchase of shares of common stock     0.0 (511.1)  
Cash dividends     (292.7) (332.3)  
Equity compensation activity and other, net     (4.2) (18.7)  
Net cash used in financing activities     (1,024.0) (1,768.0)  
Exchange rate effect on cash and cash equivalents     (11.4) (15.0)  
Increase (decrease) in cash and cash equivalents     (30.3) 957.9  
Cash and cash equivalents at beginning of period     495.7 485.7 485.7
Cash and cash equivalents at end of period $ 465.4 $ 1,443.6 465.4 1,443.6 $ 495.7
Supplemental disclosures:          
Net cash provided by discontinued operating activities     21.0 93.0  
Net cash provided by discontinued investing activities     732.4 2,681.5  
Capital expenditures for discontinued operations     $ (21.0) $ (98.9)