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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Cash flows from operating activities:    
Net income $ 2,650.8 $ 2,503.1
Adjustments to reconcile net income to net cash provided by operating activities:    
Stock-based compensation expense 372.6 379.8
Depreciation expense 122.3 109.9
Deferred income taxes (405.5) (424.0)
Losses on equity securities 0.2 143.1
Decrease in fair value of contingent consideration (1.3) (59.3)
Other non-cash items, net (9.6) (32.8)
Changes in operating assets and liabilities:    
Accounts receivable, net (99.5) (368.8)
Inventories (252.9) (58.1)
Prepaid expenses and other assets (94.4) (41.9)
Accounts payable 80.5 (39.1)
Accrued expenses 786.1 980.3
Other liabilities 153.4 (40.7)
Net cash provided by operating activities 3,302.7 3,051.5
Cash flows from investing activities:    
Purchases of available-for-sale debt securities (2,798.0) (417.8)
Sales and maturities of available-for-sale debt securities 621.0 435.9
Purchases of property and equipment (142.3) (171.1)
Sale of equity securities 95.1 0.0
Investment in equity securities and notes receivable (31.0) (47.8)
Payment to acquire ViaCyte, Inc., net of cash acquired 0.0 (295.9)
Net cash used in investing activities (2,255.2) (496.7)
Cash flows from financing activities:    
Issuances of common stock under benefit plans 88.2 134.7
Repurchases of common stock (278.1) 0.0
Payments in connection with common stock withheld for employee tax obligations (222.9) (169.9)
Payments on finance leases (32.9) (75.1)
Other financing activities 3.3 2.4
Net cash used in financing activities (442.4) (107.9)
Effect of changes in exchange rates on cash (0.5) (70.0)
Net increase in cash, cash equivalents and restricted cash 604.6 2,376.9
Cash, cash equivalents and restricted cash—beginning of period 10,512.0 6,800.1
Cash, cash equivalents and restricted cash—end of period 11,116.6 9,177.0
Supplemental disclosure of cash flow information:    
Cash paid for income taxes 919.1 840.1
Cash paid for interest $ 32.6 $ 41.1