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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Cash flows from operating activities:      
Net income (loss) $ 106.6 $ (6,942.5) $ 2,748.8
Adjustments to reconcile net income (loss) to net cash provided by operating activities:      
Depreciation and amortization 446.0 433.9 635.6
Impairment of goodwill, intangibles and other assets 1,335.1 9,801.5 85.0
Gain from sale of businesses, net (7.1) (832.9) (713.0)
Deferred income taxes (1,067.9) (1,585.3) (1,781.8)
Stock based compensation expense 42.5 75.7 70.9
Loss on change in fair value of investments (20.5) 0.0 0.0
Other, net 4.3 (2.1) 6.7
Changes in operating accounts excluding the effects of acquisitions and divestitures:      
Accounts receivable 310.8 161.7 288.7
Inventories 131.4 125.7 (350.4)
Accounts payable (109.2) (309.3) 211.0
Accrued liabilities and other (169.0) (246.4) (235.3)
Net cash provided by operating activities 1,044.0 680.0 966.2
Cash flows from investing activities:      
Proceeds from sale of divested businesses 995.7 5,133.3 2,106.9
Acquisitions and acquisition-related activities 0.0 0.0 (634.3)
Capital expenditures (264.9) (384.4) (406.2)
Other investing activities 4.6 58.5 12.1
Net cash provided by investing activities 735.4 4,807.4 1,078.5
Cash flows from financing activities:      
Net short-term debt (26.1) (903.5) 111.8
Payments on current portion of long-term debt (268.2) 0.0 0.0
Payments on long-term debt (1,004.0) (2,579.9) (1,512.2)
Loss on extinguishment of debt 38.8 10.4 34.2
Repurchase of shares of common stock 0.0 (1,507.3) (152.4)
Cash dividends (390.3) (434.6) (428.6)
Payments to dissenting shareholders (170.9) 0.0 (161.6)
Equity compensation activity and other, net (5.3) (18.8) (18.6)
Net cash used in financing activities (1,903.6) (5,454.5) (2,195.8)
Exchange rate effect on cash, cash equivalents and restricted cash (0.6) (22.9) 49.3
Increase (decrease) in cash, cash equivalents and restricted cash (124.8) 10.0 (101.8)
Cash, cash equivalents and restricted cash at beginning of period 495.7 485.7 587.5
Cash, cash equivalents and restricted cash at end of period 370.9 495.7 485.7
Supplemental disclosures:      
Net cash provided by (used in) discontinued operating activities (46.1) 122.7 108.8
Net cash provided by (used in) discontinued investing activities 978.4 5,015.2 (115.1)
Capital expenditures for discontinued operations (17.3) (121.1) (114.5)
Cash paid for income taxes, net of refunds 156.0 292.0 261.8
Cash paid for interest 304.4 457.6 459.4
Restricted cash at beginning of period 0.0 0.0 0.0
Restricted cash at end of period $ 22.3 $ 0.0 $ 0.0