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Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Cash flow from operating activities:    
Net income $ 387.6 $ 218.5
Adjustments to reconcile net income to net cash flow from operating activities:    
Depreciation and amortization 112.3 143.1
Excess and obsolescence charges related to inventory 17.4 281.5
Share-based compensation 75.6 67.6
Contingent consideration 0.0 (7.1)
Deferred income taxes (64.5) 1.0
(Gain) loss on strategic investments 79.6 191.1
(Gain) loss on equity method investments 0.0 3.3
Other 31.4 43.3
Changes in operating assets and liabilities, net:    
Accounts receivable 77.2 (87.5)
Due from anti-CD20 therapeutic programs 37.6 22.9
Inventory 27.9 (142.6)
Accrued expense and other current liabilities (295.0) (461.6)
Income tax assets and liabilities 65.0 101.9
Other changes in operating assets and liabilities, net (96.8) (213.6)
Net cash flow provided by (used in) operating activities 455.3 161.8
Cash flows from investing activities:    
Purchases of property, plant and equipment (66.6) (57.9)
Proceeds from sales and maturities of marketable securities 406.7 543.6
Purchases of marketable securities (1,321.2) (1,133.5)
Acquisitions of intangible assets (5.0) 0.0
Proceeds from sales of strategic investments 33.8 0.0
Other (0.7) (0.2)
Net cash flow provided by (used in) investing activities (953.0) (648.0)
Cash flows from financing activities:    
Payments related to issuance of stock for share-based compensation arrangements, net (60.1) (20.8)
Net (distribution) contribution to noncontrolling interest 0.2 0.2
Other 16.5 4.1
Net cash flow provided by (used in) financing activities (43.4) (16.5)
Net increase (decrease) in cash and cash equivalents (541.1) (502.7)
Effect of exchange rate changes on cash and cash equivalents 20.0 (9.4)
Cash and cash equivalents, beginning of the period 3,419.3 2,261.4
Cash and cash equivalents, end of the period $ 2,898.2 $ 1,749.3