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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Cash flows from operating activities:      
Net income $ 3,322.0 $ 2,342.1 $ 2,711.7
Adjustments to reconcile net income to net cash provided by operating activities:      
Stock-based compensation expense 491.3 441.4 429.5
Depreciation expense 148.3 125.6 109.5
Deferred income taxes (275.9) (154.6) 277.3
Losses (gains) on equity securities 149.1 (17.1) (311.9)
(Decrease) increase in fair value of contingent consideration (57.5) (3.1) 13.1
Other non-cash items, net 11.8 14.4 78.7
Changes in operating assets and liabilities:      
Accounts receivable, net (358.6) (274.7) (223.4)
Inventories (136.4) (92.8) (132.0)
Prepaid expenses and other assets (326.4) (91.8) (297.6)
Accounts payable 120.8 31.9 51.3
Accrued expenses 542.5 305.4 122.2
Other liabilities 498.9 16.8 425.1
Net cash provided by operating activities 4,129.9 2,643.5 3,253.5
Cash flows from investing activities:      
Payment to acquire ViaCyte, net of cash acquired (295.9) 0.0 0.0
Purchases of available-for-sale debt securities (692.7) (528.2) (431.4)
Sales and maturities of available-for-sale debt securities 920.0 499.3 372.3
Sale of equity securities 0.0 0.0 437.6
Purchases of property and equipment (204.7) (235.0) (259.8)
Investment in equity securities and notes receivable (47.8) (77.0) (19.3)
Net cash (used in) provided by investing activities (321.1) (340.9) 99.4
Cash flows from financing activities:      
Issuances of common stock under benefit plans 186.3 102.0 264.9
Repurchases of common stock 0.0 (1,425.4) (539.1)
Payments in connection with common stock withheld for employee tax obligations (172.0) (135.9) (200.3)
Payments on finance leases (85.5) (47.0) (42.3)
Proceeds from finance leases 0.0 22.6 13.3
Other financing activities 3.5 5.7 (1.8)
Net cash used in financing activities (67.7) (1,478.0) (505.3)
Effect of changes in exchange rates on cash (29.2) (13.4) 20.6
Net increase in cash, cash equivalents and restricted cash 3,711.9 811.2 2,868.2
Cash, cash equivalents and restricted cash—beginning of period 6,800.1 5,988.9 3,120.7
Cash, cash equivalents and restricted cash—end of period 10,512.0 6,800.1 5,988.9
Supplemental disclosure of cash flow information:      
Cash paid for interest 52.3 56.3 54.5
Cash paid for income taxes $ 1,057.8 $ 476.3 $ 191.8