| Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | ||
|---|---|---|---|---|---|---|
Cash Flows From Operating Activities: | ||||||
Net income (loss) | ||||||
98,300 | 259,100 | 183,300 | 222,000 | 238,400 | ||
Reconciliation to net cash provided by operating activities: | ||||||
Depreciation | ||||||
97,500 | 93,600 | 101,900 | 96,400 | 90,000 | ||
Amortization | ||||||
481,100 | 354,300 | 180,000 | - | - | ||
Amortization | ||||||
- | - | - | 92,600 | 80,700 | ||
Provision for inventory reserve | ||||||
62,500 | 44,400 | 50,000 | 51,000 | 45,700 | ||
Share-based compensation | ||||||
48,800 | 39,800 | 23,500 | 19,100 | 18,500 | ||
Deferred income tax benefit | ||||||
-221,000 | -126,900 | -118,300 | -19,000 | 3,500 | ||
(Earnings) loss on equity method investments | ||||||
1,300 | -4,500 | - | - | - | ||
Gain on sale of securities | ||||||
28,800 | 800 | 27,300 | -1,100 | 9,600 | ||
Loss on asset sales and impairments, net | ||||||
58,700 | 76,300 | 29,800 | 2,600 | 300 | ||
Loss on foreign exchange derivatives | ||||||
-70,400 | - | - | - | - | ||
Amortization of deferred financing costs | ||||||
40,600 | - | - | - | - | ||
Increase (decrease) in allowance for doubtful accounts | ||||||
3,600 | 2,300 | 9,500 | 3,400 | 1,200 | ||
Accretion of preferred stock and contingent consideration obligations | ||||||
21,500 | 14,600 | 38,400 | 2,200 | - | ||
Contingent consideration fair value adjustment | ||||||
19,500 | - | - | - | - | ||
Excess tax benefit from stock-based compensation | ||||||
13,700 | 14,600 | - | - | - | ||
Other, net | ||||||
-3,300 | 200 | -11,300 | 7,600 | - | ||
Changes in assets and liabilities (net of effects of acquisitions): | ||||||
Other, net | ||||||
- | - | - | - | -13,900 | ||
Accounts receivable, net | ||||||
-371,100 | 590,900 | 57,100 | 108,200 | 39,100 | ||
Inventories | ||||||
6,200 | 282,200 | -10,500 | 82,200 | 28,200 | ||
Prepaid expenses and other current assets | ||||||
41,600 | -43,500 | -55,400 | -9,100 | -33,300 | ||
Accounts payable and accrued expenses | ||||||
-222,700 | 671,800 | 96,500 | 72,000 | -17,600 | ||
Deferred revenue | ||||||
-14,900 | -8,700 | -10,600 | 2,000 | -14,500 | ||
Income and other taxes payable | ||||||
-130,600 | 85,500 | -20,800 | 16,900 | 24,600 | ||
Other assets and liabilities | ||||||
-8,700 | 33,400 | -15,000 | -3,400 | -3,300 | ||
Total adjustments | ||||||
567,500 | 372,900 | 387,700 | 154,800 | 178,200 | ||
Net cash provided by operating activities | ||||||
665,800 | 632,000 | 571,000 | 376,800 | 416,600 | ||
Cash Flows From Investing Activities: | ||||||
Additions to property and equipment | ||||||
137,500 | 126,700 | 56,600 | 55,400 | 63,500 | ||
Additions to product rights and other intangibles | ||||||
9,000 | 18,700 | 10,900 | 16,500 | 37,000 | ||
Additions to marketable securities | ||||||
- | - | - | 8,000 | 8,200 | ||
Proceeds from sales of property and equipment | ||||||
8,000 | 6,700 | 2,700 | 3,000 | - | ||
Proceeds from sales of marketable securities and other investments | ||||||
58,900 | 6,100 | 104,900 | 9,000 | 6,700 | ||
Additions to marketable securities and other investments | ||||||
5,200 | 13,600 | 49,200 | - | - | ||
Proceeds from sales of divested products | ||||||
232,500 | - | - | - | - | ||
Proceeds from sale of investments | ||||||
- | - | - | - | 8,200 | ||
Acquisition of businesses, net of cash acquired | ||||||
5,742,800 | 575,100 | 67,500 | 968,200 | - | ||
Investment in foreign exchange derivative | ||||||
156,700 | - | - | - | - | ||
Other investing activities, net | ||||||
-2,800 | -2,300 | -2,500 | - | -400 | ||
Net cash (used in) investing activities | ||||||
-5,749,000 | -719,000 | -74,100 | -1,036,100 | -93,400 | ||
Cash Flows From Financing Activities: | ||||||
Proceeds from issuance of long-term debt | ||||||
5,665,500 | - | - | 1,109,900 | - | ||
Principal payments on debt and other long-term liabilities | ||||||
- | - | - | - | 95,600 | ||
Proceeds from borrowings on credit facility | ||||||
375,000 | 400,000 | - | - | - | ||
Debt issuance costs | ||||||
77,800 | - | - | - | - | ||
Principal payments on debt | ||||||
- | - | - | 786,600 | - | ||
Payments on debt, including capital lease obligations | ||||||
679,700 | 428,800 | 459,700 | - | - | ||
Proceeds from borrowings on short-term debt | ||||||
- | - | - | - | 67,900 | ||
Proceeds from stock plans | ||||||
18,800 | 54,900 | 54,700 | 33,400 | 8,400 | ||
Payment of contingent consideration | ||||||
105,300 | 4,500 | - | - | - | ||
Repurchase of common stock | ||||||
16,100 | 14,200 | 6,300 | 3,600 | 900 | ||
Acquisition of noncontrolling interests | ||||||
4,500 | 5,600 | - | - | - | ||
Excess tax benefit from stock-based compensation | ||||||
13,700 | 14,600 | - | - | - | ||
Net cash (used in) provided by financing activities | ||||||
5,189,600 | 16,400 | -411,300 | 353,100 | -20,200 | ||
Effect of currency exchange rate changes on cash and cash equivalents | ||||||
3,300 | -2,900 | -4,200 | - | - | ||
Net increase in cash and cash equivalents | ||||||
109,700 | -73,500 | 81,400 | -306,200 | 303,000 | ||
Interest | ||||||
56,700 | 48,900 | 49,400 | 17,300 | 24,400 | ||
Income taxes, net of refunds | ||||||
489,000 | 223,400 | 193,900 | 142,700 | 91,800 | ||