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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Cash Flows from Operating Activities:      
Net income $ 89.6 $ 407.3 $ 37.0
Reconciliation of net income to net cash provided by operating activities:      
Share-based compensation expense 134.2 100.0 75.3
Depreciation 10.9 8.6 7.4
Amortization of debt discount 16.2 20.0 18.9
Amortization of debt issuance costs 1.1 1.4 1.4
Change in fair value of equity securities (20.9) 17.7 13.0
Deferred income taxes 4.3 (310.7) 0.0
Loss on extinguishment of convertible senior notes 0.0 18.4 0.0
Other 4.4 3.7 (1.2)
Changes in operating assets and liabilities:      
Accounts receivable (28.4) (30.5) (69.2)
Inventories (2.5) (10.7) (6.4)
Accounts payable and accrued liabilities 56.8 26.9 54.0
Other assets and liabilities, net (9.2) (23.6) 16.8
Net cash provided by operating activities 256.5 228.5 147.0
Cash Flows from Investing Activities:      
Purchases of debt securities available-for-sale (800.1) (735.5) (797.2)
Sales and maturities of debt securities available-for-sale 697.9 750.5 669.7
Purchases of equity securities (4.6) 0.0 (68.9)
Purchases of property and equipment (23.4) (10.9) (14.7)
Net cash (used in) provided by investing activities (130.2) 4.1 (211.1)
Cash Flows from Financing Activities:      
Issuances of common stock under benefit plans 27.5 29.1 32.4
Partial repurchase of convertible senior notes (0.1) (186.9) 0.0
Net cash provided by (used in) financing activities 27.4 (157.8) 32.4
Change in cash and cash equivalents and restricted cash 153.7 74.8 (31.7)
Cash and cash equivalents and restricted cash at beginning of period 190.3 115.5 147.2
Cash and cash equivalents and restricted cash at end of period 344.0 190.3 115.5
Supplemental Disclosure:      
Non-cash capital expenditures 1.9 1.4 1.0
Right-of-use assets acquired through operating leases 23.4 12.8 77.1
Cash paid for interest 8.6 11.6 11.6
Cash paid for income taxes $ 5.1 $ 15.3 $ 0.5