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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Cash Flows From (For) Operating Activities      
Net income $ 131.0 $ 119.6 $ (4,012.8)
Adjustments to derive cash flows:      
Depreciation and amortization 423.6 444.8 457.0
Share-based compensation 37.7 43.8 23.0
Impairment charges 224.4 47.5 2,631.0
Change in financial assets (188.7) 24.9 2,608.2
Loss on extinguishment of debt 0.5 135.2 1.1
Restructuring charges 21.0 61.0 31.0
Deferred income taxes (17.9) (48.9) (990.9)
Amortization of debt premium (8.1) (22.4) (24.7)
Other non-cash adjustments, net (11.1) (2.7) 33.5
Subtotal 612.4 802.8 756.4
Increase (decrease) in cash due to:      
Accounts receivable 21.0 3.2 (0.6)
Inventories (98.6) (16.0) 100.7
Accounts payable 28.8 (39.6) (75.7)
Payroll and related taxes (34.5) (27.4) (41.1)
Accrued customer programs 25.5 34.6 (13.9)
Accrued liabilities (20.9) (47.8) (79.5)
Accrued income taxes 68.1 (6.1) 20.9
Other, net (8.8) (4.8) (12.3)
Subtotal (19.4) (103.9) (101.5)
Net cash from (for) operating activities 593.0 698.9 654.9
Cash Flows From (For) Investing Activities      
Proceeds from royalty rights 13.7 87.3 353.7
Acquisitions of businesses, net of cash acquired 0.0 (0.4) (427.4)
Asset acquisitions (35.6) 0.0 (65.1)
Purchase of investment securities (7.5) 0.0 0.0
Proceeds from sale of securities 0.0 0.0 4.5
Additions to property, plant and equipment (102.6) (88.6) (106.2)
Net proceeds from sale of business and other assets 5.2 154.6 69.1
Proceeds from sale of the Tysabri financial asset 0.0 2,200.0 0.0
Other investing, net 0.0 (14.8) (3.6)
Net cash from (for) investing activities (126.8) 2,338.1 (175.0)
Cash Flows From (For) Financing Activities      
Borrowings (repayments) of revolving credit agreements and other financing, net (4.4) 6.8 (802.5)
Issuances of long-term debt 431.0 0.0 1,190.3
Payments on long-term debt (482.5) (2,611.0) (559.2)
Premium on early debt retirement 0.0 (116.1) (0.6)
Deferred financing fees (2.4) (4.8) (2.8)
Issuance of ordinary shares 1.3 0.7 8.3
Equity issuance costs 0.0 0.0 (10.3)
Repurchase of ordinary shares (400.0) (191.5) 0.0
Cash dividends (104.9) (91.1) (83.2)
Other financing, net (10.0) 2.3 (8.7)
Net cash from (for) financing activities (571.9) (3,004.7) (268.7)
Effect of exchange rate changes on cash and cash equivalents (21.9) 24.1 (6.7)
Net increase (decrease) in cash and cash equivalents (127.6) 56.4 204.5
Cash and cash equivalents, beginning of period 678.7 622.3 417.8
Cash and cash equivalents, end of period 551.1 678.7 622.3
Cash paid/received during the year for:      
Interest paid 133.8 187.6 205.1
Interest received 5.0 9.3 1.2
Income taxes paid 144.2 186.9 139.5
Income taxes refunded $ 5.1 $ 3.6 $ 9.3