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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOW - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash from operating activities:    
Net income $ 594.3 $ 569.7
Adjustments to reconcile net income to cash provided by operating activities:    
Depreciation and amortization 163.6 128.1
Stock-based compensation expense 35.5 32.1
Excess tax benefits from stock-based compensation payment arrangements (33.2) (9.4)
Net change in components of working capital (27.4) (7.0)
Net change in other long-term assets and liabilities (4.1) (5.3)
Net cash provided by operating activities 728.7 708.2
Cash from investing activities:    
Purchases of land and depreciable assets (136.3) (130.8)
Proceeds from disposals of land and depreciable assets 4.0 6.7
Purchases of short-term investments (173.3) (121.9)
Sales and maturities of short-term investments 33.3 459.5
Acquisitions, net of cash acquired (1,272.6) (199.8)
Net cash (used in) provided by investing activities (1,544.9) 13.7
Cash from financing activities:    
Long-term borrowings under credit facilities   125.0
Repayments of long-term debt   (211.8)
Borrowings under commercial paper program, net 145.8 266.9
Payment of costs related to debt financing (3.0)  
Proceeds from exercise of stock options 120.8 45.8
Excess tax benefits from stock-based compensation payment arrangements 33.2 9.4
Distributions to shareholders of noncontrolling interests (5.8) (6.1)
Purchase and retirement of treasury stock (229.6) (195.6)
Dividend payments (129.4) (116.1)
Net cash used in financing activities (68.0) (82.5)
Effect of exchange rate changes on cash and cash equivalents 0.6 (32.7)
Net change in cash and cash equivalents (883.6) 606.7
Cash and cash equivalents balance, beginning of period 1,737.2 968.9
Cash and cash equivalents balance, end of period 853.6 1,575.6
Cash paid for:    
Interest 65.2 62.1
Income taxes $ 192.4 $ 182.9