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Consolidated Statements Of Cash Flows - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net earnings $ 3,008.2 $ 2,650.9 $ 2,492.1
Less: earnings from discontinued operations, net of income taxes 575.9 244.6 319.9
Net earnings from continuing operations 2,432.3 2,406.3 2,172.2
Noncash items:      
Depreciation 564.4 562.1 538.1
Amortization 625.1 615.6 578.8
Stock-based compensation expense 158.8 138.1 127.1
Restructuring and impairment charges 0.0 1.7 49.3
Pretax gain on sales of investments 0.0 0.0 (72.8)
Change in deferred income taxes (415.2) (252.2) (428.5)
Change in trade accounts receivable, net (156.4) (54.5) (142.5)
Change in inventories (21.9) (134.4) 3.1
Change in trade accounts payable 18.1 229.6 (53.9)
Change in prepaid expenses and other assets 47.7 75.9 (12.9)
Change in accrued expenses and other liabilities 404.5 55.8 364.2
Total operating cash provided by continuing operations 3,657.4 3,644.0 3,122.2
Total operating cash provided by discontinued operations 294.2 378.0 355.6
Net cash provided by operating activities 3,951.6 4,022.0 3,477.8
Cash flows from investing activities:      
Cash paid for acquisitions (331.3) (2,173.3) (385.8)
Payments for additions to property, plant and equipment (635.5) (583.5) (570.7)
Proceeds from sales of property, plant and equipment 12.8 6.3 32.5
Payments for purchases of investments (241.0) (145.9) 0.0
Proceeds from sales of investments 0.0 22.2 137.9
All other investing activities 28.9 0.3 (2.4)
Total investing cash used in continuing operations (1,166.1) (2,873.9) (788.5)
Total investing cash used in discontinued operations (72.0) (75.5) (54.9)
Net cash used in investing activities (1,238.1) (2,949.4) (843.4)
Cash flows from financing activities:      
Proceeds from the issuance of common stock in connection with stock-based compensation 130.1 96.0 68.8
Proceeds from the public offering of common stock, net of issuance costs 1,443.2 0.0 0.0
Proceeds from the public offering of preferred stock, net of issuance costs 1,599.6 0.0 0.0
Net proceeds from the sale of Envista Holdings Corporation common stock, net of issuance costs 643.4 0.0 0.0
Payment of dividends (526.7) (433.4) (378.3)
Payment for purchase of noncontrolling interest 0.0 0.0 (64.4)
Net proceeds from (repayments of) borrowings (maturities of 90 days or less) 2,801.8 65.7 (3,778.5)
Proceeds from borrowings (maturities longer than 90 days) 12,112.8 0.0 1,782.1
Repayments of borrowings (maturities longer than 90 days) (1,564.5) (507.8) (668.4)
Make-whole premiums to redeem borrowings prior to maturity (6.5) 0.0 0.0
All other financing activities (43.3) (17.9) (59.8)
Total financing cash provided by (used in) continuing operations 16,589.9 (797.4) (3,098.5)
Cash distributions to Envista Holdings Corporation, net (224.0) 0.0 0.0
Net cash provided by (used in) financing activities 16,365.9 (797.4) (3,098.5)
Effect of exchange rate changes on cash and equivalents 45.1 (117.7) 130.7
Net change in cash and equivalents 19,124.5 157.5 (333.4)
Beginning balance of cash and equivalents 787.8 630.3 963.7
Ending balance of cash and equivalents 19,912.3 787.8 630.3
Supplemental disclosure:      
Shares redeemed through the split-off of Envista Holdings Corporation $ 3,452.1 $ 0.0 $ 0.0
Shares held as Treasury shares 22.9