10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
THERMO FISHER SCIENTIFIC INC. | |||
Ticker: TMO Fiscal Year: 2009 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2009 10-K (Filed: Feb 26, 2010) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
| Operating Activities: | |||
| Net Income | $ 850,300 | 980,900 | 748,400 |
| Loss (Gain) on Disposal of Discontinued Operations | 1,000 | (5,500) | 18,500 |
| Income from Continuing Operations | 851,300 | 975,400 | 766,900 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Depreciation and amortization | 787,300 | 792,700 | 756,800 |
| Change in deferred income taxes | (248,600) | (131,400) | (98,800) |
| Non-cash stock-based compensation | 68,100 | 57,100 | 51,100 |
| Non-cash interest expense on convertible debt | 22,500 | 21,600 | 20,700 |
| Non-cash charges for sale of inventories revalued at the date of acquisition | 3,700 | 1,000 | 48,300 |
| Tax benefits from stock-based compensation awards | (2,600) | (25,400) | (96,800) |
| Other non-cash expenses, net | 63,800 | 48,500 | 61,400 |
| Changes in assets and liabilities, excluding the effects of acquisitions and dispositions: | |||
| Change in accounts receivable | 127,300 | (50,900) | (10,000) |
| Change in inventories | 108,200 | (49,600) | (14,000) |
| Change in other assets | (18,400) | (40,600) | (13,900) |
| Change in accounts payable | (44,900) | (123,900) | 6,900 |
| Change in other liabilities | (16,300) | (32,000) | 60,800 |
| Contributions to retirement plans | (41,100) | (20,700) | (54,200) |
| Net cash provided by continuing operations | 1,660,300 | 1,421,800 | 1,485,200 |
| Net cash used in discontinued operations | (1,100) | (1,600) | (1,700) |
| Net cash provided by operating activities | 1,659,200 | 1,420,200 | 1,483,500 |
| Investing Activities: | |||
| Acquisitions, net of cash acquired | (637,300) | (201,500) | (492,500) |
| Purchase of property, plant and equipment | (207,500) | (264,400) | (175,500) |
| Proceeds from sale of property, plant and equipment | 13,400 | 15,400 | 19,200 |
| Purchase of available-for-sale investments | 0 | (100) | (8,100) |
| Proceeds from sale of available-for-sale investments | 800 | 600 | 7,700 |
| Proceeds from sale of businesses, net of cash divested | 4,400 | 3,500 | 0 |
| Distribution from retirement trust to fund disbursements | 400 | 800 | 25,600 |
| Collection of notes receivable | 300 | 0 | 48,200 |
| Increase in other assets | (4,000) | (12,200) | (41,900) |
| Net cash used in continuing operations | (829,500) | (457,900) | (617,300) |
| Net cash provided by discontinued operations | 0 | 7,900 | 31,300 |
| Net cash used in investing activities | (829,500) | (450,000) | (586,000) |
| Financing Activities: | |||
| Decrease in short-term notes payable | (21,100) | (15,400) | (463,500) |
| Purchases of company common stock | (414,600) | (187,400) | (898,000) |
| Net proceeds from issuance of company common stock | 54,400 | 85,100 | 345,400 |
| Tax benefits from stock-based compensation awards | 2,600 | 25,400 | 96,800 |
| Net proceeds from issuance of long-term debt | 748,200 | 0 | 800 |
| Settlement of convertible debt | (615,500) | (4,700) | (100) |
| Redemption and repayment of long-term obligations | (311,500) | (131,400) | (10,100) |
| Net cash used in financing activities | (557,500) | (228,400) | (928,700) |
| Exchange Rate Effect on Cash of Continuing Operations | 11,400 | (86,400) | (11,100) |
| Increase (Decrease) in Cash and Cash Equivalents | 283,600 | 655,400 | (42,300) |
| Cash and Cash Equivalents at Beginning of Period | 1,280,500 | 625,100 | |
| Cash and Cash Equivalents at End of Period | 1,564,100 | 1,280,500 | 625,100 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) 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 |