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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
CASH FLOWS FROM OPERATING ACTIVITIES:      
Net income $ 1,303.4 $ 3,405.5 $ 665.1
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 637.2 407.3 324.4
Share-based compensation 100.3 97.0 77.4
Change in fair value of contingent consideration (149.9) 14.7 (159.1)
Impairment of intangible assets 643.7 190.3 19.9
Goodwill impairment charge 0.0 0.0 198.9
Impairment of assets held for sale 0.0 0.0 636.9
Write down of assets 0.0 0.0 58.2
Gain on sale of product rights (14.7) (54.6) (15.9)
Unwind of inventory fair value step-ups 31.1 91.9 0.0
Other, net 12.5 29.4 11.4
Movement in deferred taxes (198.2) (14.3) (349.9)
Equity in losses/(earnings) of equity method investees 2.2 (2.7) (3.9)
Changes in operating assets and liabilities:      
Increase in accounts receivable (211.4) (66.1) (148.3)
Iincrease in sales deduction accruals 97.6 107.6 177.5
Increase in inventory (63.2) (25.3) (36.6)
Decrease/(increase) in prepayments and other assets 37.2 42.4 (60.9)
Increase in accounts and notes payable and other liabilities 109.2 5.3 67.9
Net cash provided by operating activities 2,337.0 4,228.4 1,463.0
CASH FLOWS FROM INVESTING ACTIVITIES:      
Movements in restricted cash (32.0) (32.6) (5.3)
Purchases of subsidiary undertakings and businesses, net of cash acquired (5,553.4) (4,104.4) (227.8)
Purchases of non-current investments (9.5) (23.1) (10.6)
Purchases of PP&E (114.7) (77.0) (157.0)
Proceeds from short-term investments 67.0 57.8 0.0
Proceeds received on sale of product rights 17.5 127.0 19.2
Proceeds from disposal of non-current investments 18.7 21.5 12.1
Other, net (13.5) 0.2 8.5
Net cash used in investing activities (5,619.9) (4,030.6) (360.9)
CASH FLOWS FROM FINANCING ACTIVITIES:      
Proceeds from revolving line of credit, long-term and short-term borrowings 3,760.8 2,310.8 0.0
Repayment of revolving line of credit, long term and short term borrowings (3,110.9) (1,461.8) 0.0
Repayment of debt acquired through business combinations 0.0 (551.5) 0.0
Proceeds from ViroPharma call options 0.0 346.7 0.0
Payment of dividend (134.4) (121.2) (96.4)
Payments to acquire shares (in USD)     (243.8)
Excess tax benefit associated with exercise of stock options 32.4 39.7 13.4
Proceeds from exercise of options 16.6 17.4 17.2
Facility arrangement fee (24.1) (10.2) (13.9)
Contingent consideration payments (101.2) (15.2) (14.1)
Other, net (0.2) (0.2) (7.0)
Net cash provided by/(used in) financing activities 439.0 554.5 (344.6)
Effect of foreign exchange rate changes on cash and cash equivalents (3.0) (9.3) (0.3)
Net (decrease)/increase in cash and cash equivalents (2,846.9) 743.0 757.2
Cash and cash equivalents at beginning of period 2,982.4 2,239.4 1,482.2
Cash and cash equivalents at end of period 135.5 2,982.4 2,239.4
Supplemental information associated with continuing operations:      
Interest paid (20.0) (14.5) (29.9)
Income taxes repaid 76.9 395.0 0.0
Income taxes paid (145.9) (200.6) (290.2)
Receipt of break fee   1,635.4  
Continung operations      
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill impairment charge     7.1
Gain on sale of product rights   (88.2)  
Discontinued operations      
Adjustments to reconcile net income to net cash provided by operating activities:      
Goodwill impairment charge     191.8
Gain on sale of product rights   33.6  
EBT      
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments to acquire shares (in USD) 0.0 0.0 (50.0)
Share Buy-back Program      
CASH FLOWS FROM FINANCING ACTIVITIES:      
Payments to acquire shares (in USD) $ 0.0 $ 0.0 $ (193.8)