| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||||
Net Income (Loss) Available to Common Stockholders, Basic | |||||||||||
1,046,900 | 722,200 | 583,600 | 569,500 | 494,900 | 811,100 | 389,100 | 291,500 | 236,700 | 218,000 | 229,100 | 128,900 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
89,300 | 77,400 | 81,900 | 71,200 | 65,800 | 68,600 | 62,900 | 53,700 | 58,000 | 56,500 | 58,700 | 55,600 |
Non-cash operating lease cost | |||||||||||
25,300 | - | - | - | - | - | - | - | - | - | - | - |
Stock-based compensation (Note 7) | |||||||||||
81,300 | 71,000 | 61,600 | 56,900 | 49,900 | 48,300 | 47,400 | 42,100 | 35,000 | 29,300 | 28,300 | 28,700 |
Inventory write off | |||||||||||
73,100 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Excess tax benefit from stock plans | |||||||||||
- | - | - | 64,300 | 41,300 | 49,400 | 73,500 | 56,500 | 6,000 | 55,100 | 20,600 | 14,900 |
Impairment charges (Note 4) | |||||||||||
40,600 | 118,800 | 31,000 | 0 | 0 | - | - | - | - | - | - | - |
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability | |||||||||||
-6,100 | -5,700 | -9,900 | 1,100 | 200 | - | - | - | - | - | - | - |
Special charges (Note 4) | |||||||||||
- | - | - | - | - | - | - | - | -21,200 | -22,700 | 75,500 | -25,400 |
Deferred income taxes | |||||||||||
-12,100 | 27,300 | -17,800 | 37,400 | 95,000 | 71,100 | 12,400 | 26,400 | 600 | 11,200 | 10,000 | 27,800 |
Purchase of intellectual property (Note 3) | |||||||||||
24,000 | 0 | 6,700 | 34,500 | 0 | 10,600 | 0 | 7,000 | - | - | - | - |
(Gain) loss on trading securities | |||||||||||
- | - | - | - | - | - | - | - | -1,000 | 2,700 | 3,300 | -4,900 |
Other | |||||||||||
2,800 | -13,000 | 6,200 | -7,900 | -11,000 | -13,900 | -6,700 | -3,200 | 1,100 | 5,000 | -300 | 2,700 |
Changes in operating assets and liabilities: | |||||||||||
Accounts and other receivables, net | |||||||||||
88,000 | 28,700 | 27,800 | 60,400 | 38,300 | 26,800 | -8,500 | 26,500 | 53,700 | 34,200 | 58,900 | 61,100 |
Accounts receivable securitization | |||||||||||
- | - | - | - | - | - | - | - | - | - | -7,300 | 7,400 |
Inventories | |||||||||||
105,400 | 65,700 | 124,000 | 65,600 | 67,700 | 30,500 | 44,400 | 21,700 | 57,000 | 36,800 | 13,100 | 17,800 |
Accounts payable and accrued liabilities | |||||||||||
-63,500 | 192,500 | 93,800 | 77,700 | 29,400 | 112,900 | 200 | -2,700 | 55,400 | 63,600 | 2,700 | 52,100 |
Income taxes | |||||||||||
43,200 | -157,800 | 293,700 | 105,100 | 134,500 | 128,100 | 80,600 | 85,400 | - | - | - | - |
Prepaid expenses and other current assets | |||||||||||
6,800 | -15,700 | 9,900 | 12,600 | 200 | 900 | 6,300 | -1,600 | -20,600 | 2,500 | -7,600 | 3,300 |
Other | |||||||||||
-16,200 | -1,400 | -8,400 | -20,800 | -6,500 | -7,500 | -13,900 | -11,400 | 1,300 | -8,800 | -12,700 | 12,800 |
Net cash provided by operating activities | |||||||||||
1,179,400 | 926,800 | 1,000,700 | 704,400 | 549,700 | 1,022,300 | 472,700 | 362,100 | 308,200 | 251,400 | 165,300 | 153,200 |
Cash flows from investing activities | |||||||||||
Capital expenditures | |||||||||||
254,400 | 238,700 | 168,100 | 176,100 | 102,700 | 82,900 | 109,000 | 109,000 | 76,600 | 61,800 | 64,000 | 50,600 |
Deposit of cash in escrow | |||||||||||
0 | 0 | 25,000 | 0 | 0 | - | - | - | - | - | - | - |
Purchases of held-to-maturity investments (Note 4) | |||||||||||
130,200 | 210,000 | 804,900 | 594,700 | 928,500 | 1,956,400 | 823,200 | 592,600 | - | - | - | - |
Proceeds from held-to-maturity investments (Note 4) | |||||||||||
50,000 | 578,100 | 654,700 | 852,500 | 1,260,100 | 1,611,200 | 526,400 | 662,300 | - | - | - | - |
Purchases of available-for sale investments (Note 4) | |||||||||||
437,900 | 249,300 | 529,800 | 470,400 | 380,300 | 160,400 | 0 | - | - | - | - | - |
Proceeds from available-for-sale investments (Note 4) | |||||||||||
359,900 | 223,200 | 448,700 | 232,600 | 179,600 | 1,700 | 0 | - | - | - | - | - |
Investments in intangible assets (Note 3) | |||||||||||
24,000 | 3,000 | 7,400 | 41,300 | 3,800 | 10,800 | 1,100 | 7,000 | 7,700 | 1,200 | - | 27,400 |
Proceeds from unconsolidated affiliates (Note 6) | |||||||||||
- | - | - | 1,900 | 3,000 | 2,100 | 300 | 2,800 | 9,100 | 2,200 | 2,300 | 5,500 |
Investments in trading securities, net | |||||||||||
- | - | - | 9,800 | -9,200 | -14,400 | 1,400 | 600 | -3,100 | 400 | 1,700 | 100 |
Proceeds from sale of assets | |||||||||||
- | - | - | - | - | 3,100 | 2,300 | 3,000 | 3,900 | 6,600 | 97,900 | 97,000 |
Investments in unconsolidated affiliates, net (Note 6) | |||||||||||
- | - | - | 7,600 | 5,100 | 11,200 | 3,000 | 2,000 | 2,300 | 6,900 | 5,800 | 1,100 |
Payment of contingent consideration | |||||||||||
- | - | - | 0 | - | - | - | - | - | - | - | - |
Proceeds from short-term investments (Note 2) | |||||||||||
- | - | - | - | - | - | - | - | 349,900 | - | 11,400 | 35,500 |
Purchases of short-term investments (Note 2) | |||||||||||
- | - | - | - | - | - | - | - | 643,300 | - | - | - |
Acquisitions (Notes 8 and 9) | |||||||||||
100,200 | 0 | 192,900 | 0 | 331,600 | 15,000 | 0 | 36,600 | 42,600 | - | - | - |
Payment for acquisition option | |||||||||||
35,000 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Issuances of notes receivable | |||||||||||
- | - | - | 0 | 0 | - | - | - | - | - | - | - |
Other | |||||||||||
24,000 | 23,600 | 22,500 | -1,200 | -2,400 | 0 | 4,000 | -900 | - | - | - | - |
Net cash used in investing activities | |||||||||||
-595,800 | 76,700 | -647,200 | -211,700 | -316,100 | -633,000 | -412,700 | -78,800 | -406,500 | -61,500 | 40,100 | 58,800 |
Cash flows from financing activities | |||||||||||
Proceeds from issuance of debt, net | |||||||||||
18,900 | 688,000 | 994,700 | 253,500 | 31,400 | 226,300 | 1,305,000 | 407,000 | 526,100 | 254,400 | 129,300 | 206,300 |
Payments on debt and finance lease obligations | |||||||||||
28,900 | 1,125,300 | 818,400 | 31,400 | 29,500 | 239,000 | 895,400 | 367,500 | 421,700 | 302,800 | 213,900 | 112,100 |
Purchases of treasury stock | |||||||||||
263,300 | 795,500 | 763,300 | 662,300 | 280,100 | 300,900 | 496,900 | 344,100 | 303,400 | 200,000 | 95,500 | 306,500 |
Equity forward contract related to accelerated share repurchase agreement (Note 10) | |||||||||||
- | - | - | - | - | - | - | 9,100 | - | - | - | - |
Proceeds from stock plans | |||||||||||
160,500 | 147,000 | 113,800 | 103,300 | 87,200 | 113,300 | 45,500 | 100,100 | 59,500 | 92,100 | 66,700 | 63,800 |
Payment of contingent consideration | |||||||||||
0 | 15,100 | 0 | 0 | - | - | - | - | - | - | - | - |
Excess tax benefit from stock plans | |||||||||||
- | - | - | 64,300 | 41,300 | 49,400 | 73,500 | 56,500 | 6,000 | 55,100 | 20,600 | 14,900 |
Other | |||||||||||
-2,800 | -300 | 0 | 4,100 | -8,900 | -2,100 | 3,200 | 1,500 | -1,700 | -2,700 | 1,000 | -500 |
Net cash (used in) provided by financing activities | |||||||||||
-115,600 | -1,101,200 | -473,200 | -268,500 | -158,600 | -153,000 | 34,900 | -155,600 | -135,200 | -103,900 | -91,800 | -134,100 |
Effect of currency exchange rate changes on cash and cash equivalents | |||||||||||
-3,000 | -6,500 | 7,900 | -12,500 | -10,400 | -2,900 | 14,600 | 12,000 | 8,600 | -24,000 | 1,800 | -1,000 |
Net decrease in cash and cash equivalents | |||||||||||
465,000 | -104,200 | -111,800 | 211,700 | 64,600 | 233,400 | 109,500 | 139,700 | -224,900 | 62,000 | 115,400 | 76,900 |
Cash paid during the year for: | |||||||||||
Interest | |||||||||||
- | - | - | - | 14,100 | 15,500 | 4,300 | 4,400 | 3,200 | 2,400 | 2,700 | 7,300 |
Income taxes | |||||||||||
- | - | - | - | 86,900 | 274,700 | 54,000 | 38,000 | 15,400 | 14,700 | 34,200 | 37,200 |
Non-cash investing and financing transactions: | |||||||||||
Fair value of shares issued in connection with business combinations | |||||||||||
- | - | - | - | 0 | - | - | - | - | - | - | - |
Capital expenditures accruals | |||||||||||
- | - | - | - | 15,100 | 8,300 | 8,400 | 20,900 | 11,000 | 3,000 | - | - |
Capital additions transferred from inventory | |||||||||||
- | - | - | - | - | 4,000 | 7,800 | - | - | - | - | - |
Capital lease obligations incurred | |||||||||||
- | - | - | - | - | 13,300 | 0 | - | - | - | - | - |
Distribution of treasury shares to effect stock split | |||||||||||
- | - | - | - | - | - | - | - | - | 970,300 | - | - |
Issuance of common shares in redemption of convertible debt (Note 8) | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 147,700 |