10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
DANAHER CORP /DE/ | |||
Ticker: DHR Fiscal Year: 2018 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 21, 2019) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Cash flows from operating activities: | |||
| Net earnings | $ 2,650,900 | 2,492,100 | 2,553,700 |
| Less: earnings from discontinued operations, net of income taxes | 0 | 22,300 | 400,300 |
| Net earnings from continuing operations | 2,650,900 | 2,469,800 | 2,153,400 |
| Noncash items: | |||
| Depreciation | 601,500 | 577,800 | 545,000 |
| Amortization | 706,200 | 660,500 | 583,100 |
| Stock-based compensation expense | 151,400 | 139,400 | 129,800 |
| Restructuring and impairment charges | 2,100 | 56,100 | 12,000 |
| Pretax loss on early extinguishment of borrowings | 0 | 0 | 178,800 |
| Pretax gain on sales of investments | 0 | (72,800) | (223,400) |
| Change in deferred income taxes | (195,100) | (426,900) | (383,900) |
| Change in trade accounts receivable, net | (58,300) | (161,400) | (183,100) |
| Change in inventories | (143,300) | (27,400) | 9,400 |
| Change in trade accounts payable | 225,800 | (54,400) | 78,100 |
| Change in prepaid expenses and other assets | 89,700 | 4,400 | (62,400) |
| Change in accrued expenses and other liabilities | (8,900) | 312,700 | 250,700 |
| Total operating cash provided by continuing operations | 4,022,000 | 3,477,800 | 3,087,500 |
| Total operating cash provided by discontinued operations | 0 | 0 | 434,300 |
| Net cash provided by operating activities | 4,022,000 | 3,477,800 | 3,521,800 |
| Cash flows from investing activities: | |||
| Cash paid for acquisitions | (2,173,300) | (385,800) | (4,880,100) |
| Payments for additions to property, plant and equipment | (655,700) | (619,600) | (589,600) |
| Proceeds from sales of property, plant and equipment | 6,300 | 32,600 | 9,800 |
| Payments for purchases of investments | (148,900) | 0 | 0 |
| Proceeds from sales of investments | 22,200 | 137,900 | 264,800 |
| All other investing activities | 0 | (8,500) | 21,900 |
| Total investing cash used in continuing operations | (2,949,400) | (843,400) | (5,173,200) |
| Total investing cash used in discontinued operations | 0 | 0 | (69,800) |
| Net cash used in investing activities | (2,949,400) | (843,400) | (5,243,000) |
| Cash flows from financing activities: | |||
| Proceeds from the issuance of common stock | 96,000 | 68,800 | 164,500 |
| Payment of dividends | (433,400) | (378,300) | (399,800) |
| Payment for purchase of noncontrolling interest | 0 | (64,400) | 0 |
| Make-whole premiums to redeem borrowings prior to maturity | 0 | 0 | (188,100) |
| Net proceeds from (repayments of) borrowings (maturities of 90 days or less) | 65,700 | (3,778,500) | 2,218,100 |
| Proceeds from borrowings (maturities longer than 90 days) | 0 | 1,782,100 | 3,240,900 |
| Repayments of borrowings (maturities longer than 90 days) | (507,800) | (668,400) | (2,480,600) |
| All other financing activities | (17,900) | (59,800) | (27,000) |
| Total financing cash (used in) provided by continuing operations | (797,400) | (3,098,500) | 2,528,000 |
| Cash distributions to Fortive Corporation, net | 0 | 0 | (485,300) |
| Net cash (used in) provided by financing activities | (797,400) | (3,098,500) | 2,042,700 |
| Effect of exchange rate changes on cash and equivalents | (117,700) | 130,700 | (148,600) |
| Net change in cash and equivalents | 157,500 | (333,400) | 172,900 |
| Beginning balance of cash and equivalents | 630,300 | 963,700 | |
| Ending balance of cash and equivalents | 787,800 | 630,300 | 963,700 |
| Supplemental disclosure: | |||
| Distribution of noncash net assets to Fortive Corporation | 0 | 0 | (1,983,600) |
| External Links | |
| DANAHER CORP /DE/ (DHR) Fiscal Year 2018 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |