4. Statement of Cash Flows, Supplemental Disclosures

6 Months Ended

Jun. 30, 2022

SUPPLEMENTAL CASH FLOW INFORMATION

The reconciliation of net income (loss) to net cash provided by operating activities is as follows (in millions):


	Six Months Ended
	June 30, 2022		June 30, 2021
Net income (loss)	$	(4,296.8)	$	1,891.5
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization	64.6		66.4
Reduction in the carrying amount of right-of-use assets	20.0		19.6
Share-based compensation	27.1		23.1
Other-than-temporary impairment losses on investment	—		0.8
(Gains) losses from change in fair market value of equity securities and loan receivable	5,883.3		(2,210.1)
Gain on divestiture of a division	(1.4)		—
Payments for operating lease liabilities	(18.6)		(21.1)
(Increase) decrease in accounts receivable	(45.8)		12.9
(Increase) decrease in inventories	(102.3)		14.3
Increase in other current assets	(10.4)		(19.5)
Decrease in accounts payable and other current liabilities	(43.1)		(34.2)
Decrease in income taxes payable	(23.3)		(13.7)
Increase (decrease) in deferred income taxes	(1,362.4)		503.8
Increase in other long-term liabilities	1.5		34.1
Other	4.1		0.3
Net cash provided by operating activities	$	96.5	$	268.2

Non-cash investing activities:
Purchased property, plant and equipment	$	5.6	$	3.8
Purchased marketable securities and investments	$	3.5	$	1.4
Sold marketable securities and investments	$	16.3	$	—