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Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 665.1 $ 745.4 $ 865.0
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 324.4 308.6 294.8
Share based compensation 77.4 87.1 75.7
Change in fair value of contingent consideration (159.1) 9.2 0
Impairment of intangible assets 19.9 197.9 16.0
Goodwill impairment charge 7.1 0 0
Impairment of assets held for sale 636.9 0 0
Write down of assets 58.2 0.9 0
Gain on sale of non-current investments 0 0 (23.5)
(Gain)/ loss on sale of product rights (15.9) (18.1) 6.0
Other, net 8.3 7.4 16.1
Movement in deferred taxes (349.9) (58.3) (14.5)
Equity in earnings of equity method investees (3.9) (1.0) (2.5)
Changes in operating assets and liabilities:      
(Increase)/decrease in accounts receivable (148.3) 22.2 (134.0)
Increase in sales deduction accruals 177.5 42.7 80.5
Increase in inventory (36.6) (88.2) (64.4)
Increase in prepayments and other assets (60.9) (14.5) (36.8)
Increase/(decrease) in accounts payable and other liabilities 67.9 136.7 (10.0)
Returns on investment from joint venture 3.1 4.9 5.2
Net cash provided by operating activities 1,463.0 1,382.9 1,073.6
CASH FLOWS FROM INVESTING ACTIVITIES:      
Movements in restricted cash (5.3) 3.5 6.2
Purchases of subsidiary undertakings and businesses, net of cash acquired (227.8) (97.0) (725.0)
Purchases of non-current investments (10.6) (18.0) (10.7)
Purchases of property, plant and equipment ("PP&E") (157.0) (149.6) (194.3)
Purchases of intangible assets 0 (43.5) (5.2)
Proceeds from disposal of non-current investments and PP&E 12.1 7.2 106.0
Proceeds received on sale of product rights 19.2 17.8 12.0
Returns from equity investments 5.4 0 0
Other, net 3.1 8.6 1.8
Net cash used in investing activities (360.9) (271.0) (809.2)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments to acquire shares (in USD) (243.8) (205.8) (151.8)
Payment of dividend (96.4) (86.3) (73.8)
Proceeds from exercise of options 17.2 16.2 13.4
Proceeds from drawing of revolving credit facility ("RCF") 0 0 30.0
Repayment of RCF 0 0 (30.0)
Repayment of debt acquired through business combinations (6.0) 0 (13.1)
Facility arrangement fee (13.9) 0 0
Excess tax benefit associated with exercise of stock options 13.4 40.7 31.4
Contingent consideration payments (14.1) (5.8) 0
Other, net (1.0) (3.3) (1.5)
Net cash used in financing activities (344.6) (244.3) (195.4)
Effect of foreign exchange rate changes on cash and cash equivalents (0.3) (5.4) 0.4
Net increase in cash and cash equivalents 757.2 862.2 69.4
Cash and cash equivalents at beginning of period 1,482.2 620.0 550.6
Cash and cash equivalents at end of period 2,239.4 1,482.2 620.0
Supplemental information associated with continuing operations:      
Interest paid (29.9) (34.6) (33.3)
Income taxes paid (290.2) (199.2) (286.1)
Continung operations
     
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill impairment charge 7.1    
Discontinued operations
     
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill impairment charge 191.8    
Goowill impairment charge total
     
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill impairment charge 198.9    
EBT
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments to acquire shares (in USD) (50.0) (99.3) (151.8)
Share Buy-back Program
     
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments to acquire shares (in USD) $ (193.8) $ (106.5) $ 0