Supplemental Cash Flow Information

9 Months Ended

Sep. 29, 2018

Supplemental Cash Flow Elements [Abstract]

Note 15 – Supplemental Cash Flow Information

Cash paid for interest and income taxes was:

	Nine Months Ended
	September 29,		September 30,
	2018		2017
Interest	$	52,108	$	33,640
Income taxes		207,474		179,445

During the nine months ended September 29, 2018 and September 30, 2017, we had $1.1 million and $(1.3) million of non-cash net unrealized gains (losses) related to foreign currency hedging activities, respectively. During the first quarter of 2018, as part of a business acquisition, we increased our ownership in a subsidiary through a non-cash transaction of $1.3 million.

During the third quarter of 2018, we closed on a joint venture with Internet Brands to create a newly formed entity, Henry Schein One, LLC, through a non-cash transaction resulting in an initial estimate of approximately $337 million of noncontrolling interest representing Internet Brands’ current 26% minority interest and an initial estimate of $95 million of deferred additional ownership interests of Internet Brands in Henry Schein One, representing up to an additional 9.2% ownership interests,a portion of which is contingent upon the achievement of certain operating targets (See Note 9).