10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
MERCK & CO., INC. | |||
Ticker: MRK Fiscal Year: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 27, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Cash Flows from Operating Activities | |||
| Net income | $ 4,517 | 6,299 | 6,392 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 6,988 | 6,978 | 7,427 |
| Intangible asset impairment charges | 765 | 200 | 705 |
| Gain on disposition of interest in equity method investment | 0 | 0 | (136) |
| Equity income from affiliates | (404) | (642) | (610) |
| Dividends and distributions from equity affiliates | 237 | 291 | 216 |
| Deferred income taxes | (330) | 669 | (1,537) |
| Share-based compensation | 276 | 335 | 369 |
| Other | 399 | 28 | 323 |
| Net changes in assets and liabilities: | |||
| Accounts receivable | 436 | 349 | (1,168) |
| Inventories | (365) | (482) | (678) |
| Trade accounts payable | 522 | (302) | 182 |
| Accrued and other current liabilities | (397) | (717) | 1,444 |
| Income taxes payable | (1,421) | (34) | (277) |
| Noncurrent liabilities | (132) | (1,747) | (7) |
| Other | 563 | (1,203) | (262) |
| Net Cash Provided by Operating Activities | 11,654 | 10,022 | 12,383 |
| Cash Flows from Investing Activities | |||
| Capital expenditures | (1,548) | (1,954) | (1,723) |
| Purchases of securities and other investments | (17,991) | (12,841) | (7,325) |
| Proceeds from sales of securities and other investments | 16,298 | 7,783 | 6,149 |
| Proceeds from sale of interest in equity method investment | 0 | 0 | 175 |
| Acquisitions of businesses, net of cash acquired | (246) | 0 | (373) |
| Dispositions of businesses, net of cash divested | 46 | 0 | 323 |
| Cash inflows (outflows) from net investment hedges | 350 | 39 | (86) |
| Other | (57) | 168 | (30) |
| Net Cash Used in Investing Activities | (3,148) | (6,805) | (2,890) |
| Cash Flows from Financing Activities | |||
| Net change in short-term borrowings | (159) | 624 | 1,076 |
| Payments on debt | (1,775) | (22) | (1,547) |
| Proceeds from issuance of debt | 6,467 | 2,562 | 0 |
| Purchases of treasury stock | (6,516) | (2,591) | (1,921) |
| Dividends paid to stockholders | (5,157) | (5,116) | (4,691) |
| Other dividends paid | (120) | (120) | (120) |
| Proceeds from exercise of stock options | 1,210 | 1,310 | 321 |
| Other | 60 | 86 | (22) |
| Net Cash Used in Financing Activities | (5,990) | (3,267) | (6,904) |
| Effect of Exchange Rate Changes on Cash and Cash Equivalents | (346) | (30) | 42 |
| Net Increase (Decrease) in Cash and Cash Equivalents | 2,170 | (80) | 2,631 |
| Cash and Cash Equivalents at Beginning of Year | 13,451 | 13,531 | |
| Cash and Cash Equivalents at End of Year | 15,621 | 13,451 | 13,531 |
| External Links | |
| MERCK & CO., INC. (MRK) Fiscal Year 2013 | |
| 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 |