10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
THERMO FISHER SCIENTIFIC INC. | |||
Ticker: TMO Fiscal Year: 2013 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2013 10-K (Filed: Feb 27, 2014) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2013 | Dec 31, 2012 | Dec 31, 2011 | |
| Operating Activities | |||
| Net income | $ 1,273,300 | 1,177,900 | 1,329,900 |
| Loss (income) from discontinued operations | 700 | 19,200 | (1,700) |
| Loss (gain) on disposal of discontinued operations | 5,100 | 61,300 | (304,800) |
| Income from continuing operations | 1,279,100 | 1,258,400 | 1,023,400 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Depreciation and amortization | 999,900 | 983,700 | 859,600 |
| Change in deferred income taxes | (472,800) | (301,600) | (123,100) |
| Non-cash stock-based compensation | 90,900 | 78,200 | 80,000 |
| Tax benefits from stock-based compensation awards | (48,800) | (22,700) | (16,900) |
| Non-cash charges for sale of inventories revalued at the date of acquisition | 23,900 | 52,400 | 69,500 |
| Other non-cash expenses, net | 22,700 | 53,800 | 49,500 |
| Changes in assets and liabilities, excluding the effects of acquisitions and dispositions: | |||
| Accounts receivable | (147,900) | 12,000 | (101,200) |
| Inventories | (72,200) | (59,900) | (28,600) |
| Other assets | 168,700 | (100,300) | (136,800) |
| Accounts payable | 47,000 | 10,000 | 33,800 |
| Other liabilities | 163,300 | 127,200 | (7,300) |
| Contributions to retirement plans | (38,200) | (23,300) | (25,300) |
| Net cash provided by continuing operations | 2,015,600 | 2,067,900 | 1,676,600 |
| Net cash (used in) provided by discontinued operations | (4,900) | (28,400) | 14,400 |
| Net cash provided by operating activities | 2,010,700 | 2,039,500 | 1,691,000 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (11,400) | (1,083,400) | (5,690,300) |
| Purchase of property, plant and equipment | (282,400) | (315,100) | (260,900) |
| Proceeds from sale of property, plant and equipment | 20,700 | 12,800 | 8,200 |
| Proceeds from sale of investments | 7,600 | 1,900 | 19,500 |
| Proceeds from sale of businesses, net of cash divested | 13,800 | ||
| Decrease (increase) in restricted cash | 4,000 | (45,100) | |
| Proceeds from derivative instruments related to Phadia acquisition | 27,600 | ||
| Other investing activities, net | (1,800) | (800) | (6,000) |
| Net cash used in continuing operations | (263,300) | (1,429,700) | (5,888,100) |
| Net cash provided by discontinued operations | 0 | 58,800 | 745,900 |
| Net cash used in investing activities | (263,300) | (1,370,900) | (5,142,200) |
| Financing Activities | |||
| Net proceeds from issuance of long-term debt | 3,167,800 | 1,282,100 | 4,254,100 |
| Increase (decrease) in commercial paper, net | 199,900 | (849,300) | 899,300 |
| Settlement of convertible debt | (452,000) | ||
| Redemption and repayment of long-term obligations | (1,000) | (354,500) | (1,400) |
| (Decrease) increase in short-term notes payable | (12,000) | 24,000 | 9,200 |
| Purchases of company common stock | (89,800) | (1,150,000) | (1,337,500) |
| Dividends paid | (216,200) | (142,200) | 0 |
| Net proceeds from issuance of company common stock | 230,400 | 254,100 | 158,100 |
| Tax benefits from stock-based compensation awards | 48,800 | 22,700 | 16,900 |
| Other financing activities, net | (17,900) | (4,600) | 3,900 |
| Net cash provided by (used in) financing activities | 3,310,000 | (917,700) | 3,550,600 |
| Exchange Rate Effect on Cash | (37,000) | 38,400 | (200) |
| Increase (Decrease) in Cash and Cash Equivalents | 5,020,400 | (210,700) | 99,200 |
| Cash and Cash Equivalents at Beginning of Period | 805,600 | 1,016,300 | |
| Cash and Cash Equivalents at End of Period | 5,826,000 | 805,600 | 1,016,300 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2013 | |
| 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 |