10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
PFIZER INC | |||
Ticker: PFE Fiscal Year: 2009 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 26, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Cash and Cash Equivalents, Period Increase (Decrease) [Abstract] | |||
| Operating Activities | |||
| Net income before allocation to noncontrolling interests | $ 8,644 | 8,127 | 8,186 |
| Adjustments to reconcile net income before noncontrolling interests to net cash provided by operating activities: | |||
| Depreciation and amortization | 4,757 | 5,090 | 5,200 |
| Share-based compensation expense | 349 | 384 | 437 |
| Acquisition-related in-process research and development charges | 68 | 633 | 283 |
| Certain intangible asset impairments and other associated non-cash charges | 0 | 0 | 2,220 |
| Gains on disposals | (670) | (14) | (326) |
| (Gains)/losses on sales of discontinued operations | 0 | (6) | 168 |
| Deferred taxes from continuing operations | (9,582) | (1,331) | (2,788) |
| Other non-cash adjustments | 504 | 496 | 773 |
| Changes in assets and liabilities, net of acquisitions and divestitures: | |||
| Accounts receivable | (472) | 195 | (320) |
| Inventories | 1,631 | 294 | 720 |
| Other assets | (867) | (538) | (647) |
| Accounts payable and accrued liabilities | 1,695 | 3,797 | 1,509 |
| Taxes | 9,454 | 647 | (2,002) |
| Other liabilities | 1,076 | 464 | (60) |
| Net cash provided by operating activities | 16,587 | 18,238 | 13,353 |
| Investing Activities | |||
| Purchases of property, plant and equipment | (1,205) | (1,701) | (1,880) |
| Purchases of short-term investments with original maturities greater than 90 days | (35,331) | (35,705) | (25,426) |
| Proceeds from redemptions and sales of short-term investments with original maturities greater than 90 days | 42,364 | 27,883 | 23,053 |
| Proceeds from redemptions and sales of short-term investments with original maturities of 90 days or less-net | 5,775 | 7,913 | 7,235 |
| Purchases of long-term investments | (6,888) | (9,357) | (1,635) |
| Proceeds from redemptions and sales of long-term investments | 6,504 | 1,009 | 172 |
| Acquisitions, net of cash acquired | (43,123) | (1,184) | (464) |
| Other investing activities | 632 | (1,693) | (260) |
| Net cash (used in)/provided by investing activities | (31,272) | (12,835) | 795 |
| Financing Activities | |||
| Increase in short-term borrowings-net | 32,033 | 40,119 | 3,155 |
| Principal payments on short-term borrowings-net | (34,969) | (37,264) | (764) |
| Proceeds from issuances of long-term debt | 24,023 | 605 | 2,573 |
| Principal payments on long-term debt | (967) | (1,053) | (64) |
| Purchases of common stock | 0 | (500) | (9,994) |
| Cash dividends paid | (5,548) | (8,541) | (7,975) |
| Other financing activities | (91) | 74 | 459 |
| Net cash provided by/(used in) financing activities | 14,481 | (6,560) | (12,610) |
| Effect of exchange-rate changes on cash and cash equivalents | 60 | (127) | 41 |
| Net (decrease)/ increase in cash and cash equivalents | (144) | (1,284) | 1,579 |
| Cash and cash equivalents at beginning of year | 2,122 | 3,406 | |
| Cash and cash equivalents at end of year | 1,978 | 2,122 | 3,406 |
| Supplemental Cash Flow Information: | |||
| Non-cash transactions-Acquisition of Wyeth, treasury stock issued | 23,303 | ||
| Cash paid during the period for: | |||
| Income taxes | 2,300 | 2,252 | 5,617 |
| Interest | 935 | 782 | 643 |
| External Links | |
| PFIZER INC (PFE) Fiscal Year 2009 | |
| 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 |