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: 2010 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 28, 2011) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Cash and Cash Equivalents, Period Increase (Decrease) [Abstract] | |||
| Operating Activities | |||
| Net income before allocation to noncontrolling interests | $ 8,289 | 8,644 | 8,127 |
| Adjustments to reconcile net income before noncontrolling interests to net cash provided by operating activities: | |||
| Depreciation and amortization | 8,487 | 4,757 | 5,090 |
| Share-based compensation expense | 405 | 349 | 384 |
| Acquisition-related in-process research and development charges | 125 | 68 | 633 |
| Asset write-offs and impairment charges | 3,486 | 305 | 570 |
| Gains on disposals | (155) | (670) | (14) |
| Gains on sales of discontinued operations | (6) | ||
| Deferred taxes from continuing operations | 1,953 | (9,582) | (1,331) |
| Benefit plan contributions (in excess of)/less than expense | (691) | 545 | (49) |
| Other non-cash adjustments | (19) | 199 | (74) |
| Changes in assets and liabilities, net of acquisitions and divestitures: | |||
| Accounts receivable | (608) | 252 | 195 |
| Inventories | 2,917 | 1,631 | 294 |
| Other assets | (896) | (867) | (538) |
| Accounts payable and other liabilities | 827 | 1,502 | 4,310 |
| Other tax accounts, net | (12,666) | 9,454 | 647 |
| Net cash provided by operating activities | 11,454 | 16,587 | 18,238 |
| Investing Activities | |||
| Purchases of property, plant and equipment | (1,513) | (1,205) | (1,701) |
| Purchases of short-term investments with original maturities greater than 90 days | (10,931) | (35,331) | (35,705) |
| Proceeds from redemptions and sales of short-term investments with original maturities greater than 90 days | 4,543 | 42,364 | 27,883 |
| Proceeds from redemptions and sales of short-term investments with original maturities of 90 days or less - net | 5,950 | 5,775 | 7,913 |
| Purchases of long-term investments | (3,920) | (6,888) | (9,357) |
| Proceeds from redemptions and sales of long-term investments | 4,381 | 6,504 | 1,009 |
| Proceeds from redemptions of short-term loans with original maturities greater than 90 days | 1,156 | 1,158 | 625 |
| Issuances of short-term loans with original maturities greater than 90 days | (151) | (565) | (449) |
| Proceeds from redemptions of long-term loans | 356 | 55 | |
| Issuances of long-term loans | (208) | (61) | (501) |
| Acquisitions, net of cash acquired | (273) | (43,123) | (1,184) |
| Other investing activities | 118 | 100 | (1,423) |
| Net cash used in investing activities | (492) | (31,272) | (12,835) |
| Financing Activities | |||
| Increase in short-term borrowings - net | 6,400 | 32,033 | 40,119 |
| Principal payments on short-term borrowings - net | (10,546) | (34,969) | (37,264) |
| Proceeds from issuances of long-term debt | 24,023 | 605 | |
| Principal payments on long-term debt | (6) | (967) | (1,053) |
| Purchases of common stock | (1,000) | (500) | |
| Cash dividends paid | (6,088) | (5,548) | (8,541) |
| Other financing activities | 66 | (91) | 74 |
| Net cash (used in)/provided by financing activities | (11,174) | 14,481 | (6,560) |
| Effect of exchange-rate changes on cash and cash equivalents | (31) | 60 | (127) |
| Net decrease in cash and cash equivalents | (243) | (144) | (1,284) |
| Cash and cash equivalents at beginning of year | 1,978 | 2,122 | |
| Cash and cash equivalents at end of year | 1,735 | 1,978 | 2,122 |
| Supplemental Cash Flow Information | |||
| Non-cash transactions - Acquisition of Wyeth, treasury stock issued | 23,303 | ||
| Cash paid during the period for: | |||
| Income taxes | 11,775 | 2,300 | 2,252 |
| Interest | 2,155 | 935 | 782 |
| External Links | |
| PFIZER INC (PFE) Fiscal Year 2010 | |
| 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 |