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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income $ 1,176,810 $ 2,087,103 $ 91,635
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation expense 360,489 325,047 293,236
Depreciation expense 106,941 72,420 61,397
Deferred income taxes (including benefit from valuation allowance release in 2018) 167,387 (1,512,325) (120,513)
Gains on equity securities (197,597) (2,558) 0
Increase in fair value of contingent consideration 4,459 0 0
Intangible asset impairment charges 0 29,000 255,340
Acquired in-process research and development 0 0 160,000
Deconsolidation of VIE 0 1,077 76,644
Other non-cash items, net 16,942 32,502 14,439
Changes in operating assets and liabilities:      
Accounts receivable, net (225,587) (108,152) (71,759)
Inventories (64,047) (31,965) (47,484)
Prepaid expenses and other assets 35,440 16,684 (111,063)
Accounts payable (22,785) 36,554 8,753
Accrued expenses 172,881 302,755 255,178
Other liabilities 37,997 22,144 (20,861)
Net cash provided by operating activities 1,569,330 1,270,286 844,942
Cash flows from investing activities:      
Payments to acquire businesses, net of cash acquired (1,154,212) 0 0
Purchases of available-for-sale debt securities (537,196) (431,918)  
Purchases of available-for-sale debt securities     (532,581)
Maturities of available-for-sale debt securities 475,924 431,576 369,214
Sale of equity securities 94,936 0 0
Expenditures for property and equipment (75,451) (95,524) (99,421)
Investment in equity securities (39,319) (83,471) 0
Investment in note receivable 0 (15,000) 0
Decrease in restricted cash due to deconsolidation of VIE   (7,896) (61,602)
Purchase of in-process research and development 0 0 (160,000)
Other investing activities 0 75 1,061
Net cash used in investing activities (1,235,318) (202,158) (483,329)
Cash flows from financing activities:      
Issuances of common stock under benefit plans 343,244 289,293 344,840
Repurchases of common stock (192,015) (350,043) 0
Payments on finance leases (39,185)    
Advance from collaborator 12,500 7,500 12,500
Proceeds related to capital lease and construction financing lease obligations 10,046 20,840 34,666
Repayments of advanced funding (5,866) (5,027) (4,266)
Payments on capital lease and construction financing lease obligations 0 (33,388) (19,336)
Payments on revolving credit facility 0 0 (300,000)
Other financing activities (1,951) (394) 0
Net cash provided by (used in) financing activities 126,773 (71,219) 68,404
Effect of changes in exchange rates on cash 1,643 (6,182) 5,802
Net increase in cash, cash equivalents and restricted cash 462,428 990,727 435,819
Cash, cash equivalents and restricted cash—beginning of period 2,658,253 1,667,526 1,231,707
Cash, cash equivalents and restricted cash—end of period 3,120,681 2,658,253 1,667,526
Supplemental disclosure of cash flow information:      
Cash paid for interest 55,554 66,458 68,696
Cash paid for income taxes 24,730 12,402 6,414
Capitalization of costs related to construction financing lease obligation 0 3,389 40,855
Issuances of common stock from employee benefit plans receivable $ 2,820 $ 86 $ 844