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11. Supplemental Cash Flow Information
 12 Months Ended
Dec. 31, 2019
Supplemental Cash Flow Information [Abstract]  
Cash Flow, Supplemental Disclosures [Text Block]
11. SUPPLEMENTAL CASH FLOW INFORMATION
The reconciliation of net income to net cash provided by operating activities is as follows (in millions):

 
 
Year Ended December 31,
 
 
2019
 
2018
 
2017
Net income
 
$
1,758.7

 
$
365.6

 
$
122.2

Adjustments to reconcile net income
 
 

 
 

 
 

to net cash provided by operating activities
 
 

 
 

 
 

Depreciation and amortization
 
134.2

 
138.1

 
148.7

Reduction in the carrying amount of right-of-use assets
 
40.3

 
—

 
—

Share-based compensation
 
35.6

 
27.8

 
23.4

Gains on dispositions of securities
 
(1.5
)
 
(1.6
)
 
(0.1
)
Other-than-temporary impairment losses on investments
 
5.8

 
0.8

 
7.0

Changes in fair market value of equity securities
 
(2,031.0
)
 
(606.2
)
 
—

Losses on dispositions of fixed assets
 
1.2

 
2.0

 
8.1

Gain on sale of land
 
—

 
(4.1
)
 
—

Gain on divestiture of a product line
 
—

 
(5.1
)
 
—

Payments for operating lease liabilities
 
(38.6
)
 
—

 
—

Changes in fair value of contingent consideration
 
(1.6
)
 
(6.2
)
 
(18.1
)
Decrease (increase) in accounts receivable, net
 
1.6

 
59.7

 
(64.1
)
Decrease (increase) in inventories, net
 
24.2

 
(12.9
)
 
(47.7
)
Decrease (increase) in other current assets
 
61.8

 
(15.3
)
 
(35.7
)
Increase (decrease) in accounts payable
 


 


 


and other current liabilities
 
10.6

 
(45.6
)
 
7.8

Decrease in income taxes payable
 
(4.2
)
 
(20.9
)
 
(22.4
)
Increase (decrease) in deferred income taxes
 
450.2

 
120.9

 
(82.0
)
(Increase) decrease in other long term assets
 
(1.7
)
 
1.1

 
2.3

Increase (decrease) in other long term liabilities
 
13.4

 
(10.0
)
 
38.1

Impairment losses on goodwill and long-lived assets
 
—

 
292.5

 
11.5

Other
 
(1.1
)
 
4.9

 
5.1

Net cash provided by operating activities
 
$
457.9

 
$
285.5

 
$
104.1

 
 
 
 
 
 
 
Non-cash investing activities:
 
 
 
 
 
 
Purchased property, plant and equipment
 
$
8.1

 
$
5.7

 
$
—

Purchased marketable securities and investments
 
$
1.4

 
$
0.8

 
$
2.8

Sold marketable securities and investments
 
$
1.3

 
$
—

 
$
0.3