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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Cash flows from operating activities:      
Net income $ 1,602.0 $ 1,999.9 $ 1,449.9
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation 114.9 104.3 96.9
Amortization 294.0 269.3 277.2
Deferred income taxes (33.4) (272.3) (246.6)
Impairment charges 48.9 133.2 105.4
Change in value of contingent consideration (7.9) 48.7 171.1
Net (gain) loss on sale of investments (83.5) 5.4 7.0
Share-based compensation expense 576.6 447.6 325.8
Share-based employee benefit plan expense 35.1 40.7 32.6
Derivative instruments (31.4) (71.9) (8.7)
Other, net 18.8 (13.5) 11.0
Change in current assets and liabilities, excluding the effect of acquisitions:      
Accounts receivable (304.7) (166.3) (101.4)
Inventory (50.6) (56.5) (89.7)
Other operating assets (326.2) 52.6 (90.9)
Accounts payable and other operating liabilities 533.0 252.3 287.2
Payment of contingent consideration 0.0 (14.3) (75.0)
Income tax payable 61.2 39.1 57.4
Deferred revenue 37.1 8.0 16.7
Net cash provided by operating activities 2,483.9 2,806.3 2,225.9
Cash flows from investing activities:      
Proceeds from sales of marketable securities available for sale 3,799.6 2,175.9 3,642.3
Purchases of marketable securities available for sale (1,889.3) (2,661.4) (3,983.6)
Payments for acquisition of businesses, net of cash acquired (7,695.1) (710.0) 0.0
Capital expenditures (286.3) (150.3) (119.7)
Proceeds from sales of investment securities 92.0 0.0 0.0
Purchases of investment securities (272.5) (67.4) (47.1)
Other investing activities (7.4) (24.8) (20.5)
Net cash used in investing activities (6,259.0) (1,438.0) (528.6)
Cash flows from financing activities:      
Payment for treasury shares (3,256.8) (2,975.1) (2,764.6)
Proceeds from short-term borrowing 6,111.5 2,566.9 4,462.0
Principal repayments on short-term borrowing (6,213.2) (3,012.2) (4,227.9)
Proceeds from the issuance of long-term debt, net of issuance costs 7,913.3 2,470.6 1,479.6
Repayments of long-term debt (513.9) 0.0 0.0
Net (payments) proceeds from common equity put options (8.6) 10.3 1.2
Payment of contingent consideration 0.0 (25.7) (225.0)
Net proceeds from share-based compensation arrangements 251.7 297.2 551.6
Excess tax benefit from share-based compensation arrangements 300.5 250.6 169.4
Net cash provided by (used in) financing activities 4,584.5 (417.4) (553.7)
Effect of currency rate changes on cash and cash equivalents (50.7) (63.7) 0.4
Net increase in cash and cash equivalents 758.7 887.2 1,144.0
Cash and cash equivalents at beginning of period 4,121.6 3,234.4 2,090.4
Cash and cash equivalents at end of period 4,880.3 4,121.6 3,234.4
Supplemental schedule of non-cash investing and financing activity:      
Fair value of contingent consideration issued in business combinations 166.0 1,060.0 0.0
Change in net unrealized (gain) loss on marketable securities available for sale 314.4 (494.0) (205.1)
Investment in NantBioScience, Inc. preferred equity 0.0 90.0 0.0
Supplemental disclosure of cash flow information:      
Interest paid 243.3 196.2 90.8
Income taxes paid $ 361.1 $ 294.6 $ 291.9