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: 2010 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2010 10-K (Filed: Feb 24, 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 Income | $ 1,035,600 | 850,300 | 980,900 |
| Loss (gain) on disposal of discontinued operations | (2,500) | 1,000 | (5,500) |
| Income from continuing operations | 1,033,100 | 851,300 | 975,400 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Depreciation and amortization | 770,000 | 787,300 | 792,700 |
| Change in deferred income taxes | (272,400) | (248,600) | (131,400) |
| Non-cash stock-based compensation | 83,100 | 68,100 | 57,100 |
| Non-cash interest expense on convertible debt | 9,100 | 22,500 | 21,600 |
| Non-cash charges for sale of inventories revalued at the date of acquisition | 11,400 | 3,700 | 1,000 |
| Tax benefits from stock-based compensation awards | (12,800) | (2,600) | (25,400) |
| Other non-cash expenses, net | 63,900 | 63,800 | 48,500 |
| Changes in assets and liabilities, excluding the effects of acquisitions and dispositions: | |||
| Accounts receivable | (89,500) | 127,300 | (50,900) |
| Inventories | (27,900) | 108,200 | (49,600) |
| Other assets | (81,300) | (18,400) | (40,600) |
| Accounts payable | 2,500 | (44,900) | (123,900) |
| Other liabilities | 33,700 | (16,300) | (32,000) |
| Contributions to retirement plans | (24,400) | (41,100) | (20,700) |
| Net cash provided by continuing operations | 1,498,500 | 1,660,300 | 1,421,800 |
| Net cash used in discontinued operations | (700) | (1,100) | (1,600) |
| Net cash provided by operating activities | 1,497,800 | 1,659,200 | 1,420,200 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (606,200) | (637,300) | (201,500) |
| Purchase of property, plant and equipment | (265,500) | (207,500) | (264,400) |
| Proceeds from sale of property, plant and equipment | 10,200 | 13,400 | 15,400 |
| Proceeds from sale of businesses, net of cash divested | 0 | 4,400 | 3,500 |
| Other investing activities, net | (1,500) | (2,500) | (10,900) |
| Net cash used in continuing operations | (863,000) | (829,500) | (457,900) |
| Net cash provided by discontinued operations | 4,100 | 0 | 7,900 |
| Net cash used in investing activities | (858,900) | (829,500) | (450,000) |
| Financing Activities | |||
| Net proceeds from issuance of long-term debt | 741,400 | 748,200 | 0 |
| Settlement of convertible debt | (600,800) | (615,500) | (4,700) |
| Redemption and repayment of long-term obligations | (505,400) | (311,500) | (131,400) |
| Purchases of company common stock | (1,012,500) | (414,600) | (187,400) |
| Net proceeds from issuance of company common stock | 77,300 | 54,400 | 85,100 |
| Tax benefits from stock-based compensation awards | 12,800 | 2,600 | 25,400 |
| Decrease in short-term notes payable | (7,900) | (21,100) | (15,400) |
| Net cash used in financing activities | (1,295,100) | (557,500) | (228,400) |
| Exchange Rate Effect on Cash of Continuing Operations | 9,200 | 11,400 | (86,400) |
| Increase (Decrease) in Cash and Cash Equivalents | (647,000) | 283,600 | 655,400 |
| Cash and Cash Equivalents at Beginning of Year | 1,564,100 | 1,280,500 | |
| Cash and Cash Equivalents at End of Year | 917,100 | 1,564,100 | 1,280,500 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) 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 |