10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
STRYKER CORP | |||
Ticker: SYK Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 18, 2011) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | |
| Operating Activities | |||
| Net earnings | $ 1,273,400 | 1,107,400 | 1,147,800 |
| Adjustments to reconcile net earnings from continuing operations to net cash provided by operating activities: | |||
| Depreciation | 164,600 | 165,200 | 155,400 |
| Amortization | 245,600 | 220,100 | 232,200 |
| Share-based compensation | 68,800 | 62,300 | 65,500 |
| Income tax benefit from exercise of stock options | 24,500 | 12,700 | 44,600 |
| Excess income tax benefit from exercise of stock options | (11,200) | (6,900) | (33,700) |
| Restructuring charges | 67,000 | 34,900 | |
| Property, plant and equipment impairment | 123,500 | ||
| Payments of restructuring charges | (8,700) | (47,400) | (500) |
| (Gain) loss on sale of property, plant and equipment | (23,000) | 2,900 | (1,700) |
| Provision for losses on accounts receivable | 18,600 | 27,900 | 10,400 |
| Deferred income tax credit | (103,800) | (72,700) | (17,600) |
| Other | 5,900 | 7,100 | 1,900 |
| Changes in operating assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (121,400) | (9,800) | (131,200) |
| Inventories | (131,200) | 33,700 | (180,200) |
| Loaner instrumentation | (192,600) | (188,600) | (181,800) |
| Accounts payable | 95,900 | (80,500) | 10,400 |
| Accrued expenses and other liabilities | 91,100 | 66,100 | 54,800 |
| Income taxes | (23,900) | 192,000 | (29,100) |
| Other | 51,300 | (97,800) | (6,200) |
| Net cash provided by operating activities | 1,547,400 | 1,460,700 | 1,175,900 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (265,400) | (570,200) | (14,200) |
| Purchases of marketable securities | (5,619,000) | (4,602,100) | (16,832,300) |
| Proceeds from sales of marketable securities | 5,210,100 | 3,973,700 | 17,303,200 |
| Purchases of property, plant and equipment | (182,100) | (131,300) | (155,200) |
| Proceeds from sales of property, plant and equipment | 60,900 | 1,500 | 8,600 |
| Net cash provided by (used in) investing activities | (795,500) | (1,328,400) | 310,100 |
| Financing Activities | |||
| Proceeds from borrowings | 100,100 | 16,900 | 26,000 |
| Payments on borrowings | (80,800) | (19,600) | (19,300) |
| Proceeds from issuance of long-term debt, net | 996,100 | ||
| Issuance cost of long-term debt | (10,500) | ||
| Dividends paid | (238,300) | (198,400) | (135,600) |
| Proceeds from exercise of stock options | 3,600 | 6,300 | 50,100 |
| Excess income tax benefit from exercise of stock options | 11,200 | 6,900 | 33,700 |
| Repurchase and retirement of common stock | (425,500) | (1,000,000) | |
| Other | 54,200 | (5,400) | (1,000) |
| Net cash provided by (used in) financing activities | 410,100 | (193,300) | (1,046,100) |
| Effect of exchange rate changes on cash and cash equivalents | (63,100) | 18,600 | (29,300) |
| Increase (decrease) in cash and cash equivalents | 1,098,900 | (42,400) | 410,600 |
| Cash and cash equivalents at beginning of year | 658,700 | 701,100 | |
| Cash and cash equivalents at end of year | 1,757,600 | 658,700 | 701,100 |
| External Links | |
| STRYKER CORP (SYK) 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 |