10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
STRYKER CORP | |||
Ticker: SYK Fiscal Year: 2012 | |||
Consolidated Statements Of Cash Flows | |||
Period Ending Dec 31, 2012 10-K (Filed: Feb 27, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2012 | Dec 31, 2011 | Dec 31, 2010 | |
| Operating activities | |||
| Net earnings | $ 1,298 | 1,345 | 1,273 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Depreciation | 154 | 160 | 165 |
| Intangibles amortization | 123 | 122 | 58 |
| Share-based compensation | 75 | 75 | 69 |
| Restructuring charges | 75 | 76 | |
| Property, plant and equipment impairment | 124 | ||
| Sale of inventory stepped up to fair value at acquisition | 18 | 143 | 7 |
| Deferred income tax credit | (39) | (164) | (104) |
| Changes in operating assets and liabilities, net of effects of acquisitions: | |||
| Accounts receivable | (20) | (152) | (121) |
| Inventories | 18 | (166) | (131) |
| Accounts payable | (48) | 44 | 96 |
| Accrued expenses and other liabilities | 180 | 158 | 91 |
| Income taxes | (159) | (95) | (24) |
| Other | (18) | (112) | 44 |
| Net cash provided by operating activities | 1,657 | 1,434 | 1,547 |
| Investing activities | |||
| Acquisitions, net of cash acquired | (154) | (2,066) | (265) |
| Purchases of marketable securities | (3,480) | (6,779) | (5,619) |
| Proceeds from sales of marketable securities | 3,108 | 6,869 | 5,210 |
| Purchases of property, plant and equipment | (210) | (226) | (182) |
| Proceeds from sales of property, plant and equipment | 67 | 61 | |
| Net cash used in investing activities | (736) | (2,135) | (795) |
| Financing activities | |||
| Proceeds from borrowings | 178 | 178 | 100 |
| Payments on borrowings | (182) | (190) | (81) |
| Proceeds from issuance of long-term debt, net | 749 | 996 | |
| Dividends paid | (324) | (279) | (238) |
| Repurchase and retirement of common stock | (108) | (622) | (426) |
| Other | (13) | 3 | 59 |
| Net cash (used in) provided by financing activities | (449) | (161) | 410 |
| Effect of exchange rate changes on cash and cash equivalents | 18 | 9 | (63) |
| Change in cash and cash equivalents | 490 | (853) | 1,099 |
| Cash and cash equivalents at beginning of year | 905 | 1,758 | |
| Cash and cash equivalents at end of year | 1,395 | 905 | 1,758 |
| Supplemental cash flow disclosure: | |||
| Cash paid for income taxes, net of refunds | 599 | 574 | 579 |
| External Links | |
| STRYKER CORP (SYK) Fiscal Year 2012 | |
| 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 |