XML 57 R8.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements Of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Cash flows from operating activities:      
Net income $ 689,800 $ 530,100 $ 328,000
Adjustments to reconcile net income to net cash provided by operating activities, net of acquired businesses:      
Depreciation and amortization 146,400 136,300 115,100
Litigation charges, net 423,500 0 230,900
Gain on the EP Sale (213,000) 0 0
Acquired in-process research and development 30,000 3,500 3,500
Asset impairments 12,300 22,200 0
Restructuring, net of payments (2,100) 16,000 4,600
Deferred income taxes (39,700) 31,700 (18,300)
Share-based compensation 61,500 52,100 55,500
Impairment charge for foreign government bonds 0 0 11,500
Inventory reserves and provision for doubtful accounts 22,500 22,900 18,400
Other items 2,900 (7,100) (1,100)
Changes in assets and liabilities, net of acquired businesses:      
Accounts receivable 23,500 37,700 (45,000)
Inventories (35,900) (25,000) (14,600)
Current liabilities (77,300) (147,000) 31,100
Taxes 76,500 (15,900) (1,900)
Other, net 2,400 3,700 3,800
Net cash provided by operating activities 1,123,300 661,200 721,500
Cash flows from investing activities:      
Capital expenditures (69,100) (72,600) (71,400)
Change in restricted cash 8,700 122,100 (147,100)
Payments made for purchases of businesses, net of cash acquired (464,600) (139,900) (539,300)
Proceeds from the EP Sale, net 267,400 0 0
Payments made for intangibles (33,900) (19,400) (17,900)
Other 3,200 11,600 3,400
Net cash used in investing activities (288,300) (98,200) (772,300)
Cash flows from financing activities:      
Change in short-term borrowings, net 0 (304,500) 224,000
Proceeds from issuance of long-term debt, net of discount 0 499,400 0
Payments of long-term debt 0 (5,300) 0
Proceeds from exercises under share-based compensation plans, net 122,000 83,300 102,300
Excess tax benefit relating to share-based compensation plans 20,500 11,800 25,100
Purchases of common stock (738,100) (472,400) (280,700)
Dividends paid (66,500) (66,700) (64,600)
Other (1,200) (8,800) (2,200)
Net cash (used in) provided by financing activities (663,300) (263,200) 3,900
Effect of exchange rate changes on cash and cash equivalents (1,100) 100 1,900
Increase (decrease) in cash and cash equivalents during the year 170,600 299,900 (45,000)
Balance at January 1 896,300 596,400 641,400
Balance at December 31 1,066,900 896,300 596,400
Cash paid for:      
Interest 41,600 37,100 25,600
Income taxes 466,300 174,700 177,900
Non-cash transactions:      
Dividends declared, not paid 16,600 16,700 16,500
Purchases of businesses and related costs 17,200 3,600 70,200
Receipt of foreign government bonds 0 0 16,800
Purchase of common stock not settled $ 0 $ 0 $ 14,400