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: 2015 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 25, 2016) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Operating Activities | |||
| Net Income | $ 1,975,400 | 1,894,400 | 1,273,300 |
| Loss from discontinued operations | 4,900 | 1,100 | 5,800 |
| Income from continuing operations | 1,980,300 | 1,895,500 | 1,279,100 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,688,200 | 1,684,800 | 999,900 |
| Change in deferred income taxes | (524,800) | (621,800) | (472,800) |
| Net gains on sale of businesses | (7,600) | (895,400) | 0 |
| Non-cash stock-based compensation | 125,000 | 117,100 | 90,900 |
| Tax benefits from stock-based compensation awards | (64,100) | (65,600) | (48,800) |
| Non-cash charges for sale of inventories revalued at the date of acquisition | 6,900 | 303,400 | 23,900 |
| Other non-cash expenses, net | 58,600 | 38,000 | 22,700 |
| Changes in assets and liabilities, excluding the effects of acquisitions and dispositions: | |||
| Accounts receivable | (149,400) | (145,400) | (147,900) |
| Inventories | (140,700) | (109,800) | (72,200) |
| Other assets | (254,300) | 163,100 | 168,700 |
| Accounts payable | (2,700) | 1,200 | 47,000 |
| Other liabilities | 147,700 | 308,400 | 163,300 |
| Contributions to retirement plans | (37,500) | (49,600) | (38,200) |
| Net cash provided by continuing operations | 2,825,600 | 2,623,900 | 2,015,600 |
| Net cash used in discontinued operations | (8,700) | (4,300) | (4,900) |
| Net cash provided by operating activities | 2,816,900 | 2,619,600 | 2,010,700 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (694,600) | (13,060,100) | (11,400) |
| Proceeds from sale of businesses, net of cash divested | 0 | 1,521,800 | 0 |
| Purchase of property, plant and equipment | (422,900) | (427,600) | (282,400) |
| Proceeds from sale of property, plant and equipment | 18,100 | 49,300 | 20,700 |
| Proceeds from sale of investments | 12,000 | 88,600 | 7,600 |
| Decrease in restricted cash | 5,800 | 48,600 | 4,000 |
| Other investing activities, net | (5,800) | (3,300) | (1,800) |
| Net cash used in investing activities | (1,087,400) | (11,782,700) | (263,300) |
| Financing Activities | |||
| Net proceeds from issuance of long-term debt | 1,798,000 | 6,592,300 | 3,167,800 |
| Repayment of long-term obligations | (3,780,200) | (4,429,400) | (1,000) |
| Increase (decrease) in commercial paper, net | 49,500 | (249,900) | 199,900 |
| Decrease in short-term notes payable | 0 | (36,600) | (12,000) |
| Purchases of company common stock | (500,000) | 0 | (89,800) |
| Dividends paid | (240,600) | (234,800) | (216,200) |
| Net proceeds from issuance of company common stock | 0 | 2,942,000 | 0 |
| Net proceeds from issuance of company common stock under employee stock plans | 124,000 | 155,400 | 230,400 |
| Tax benefits from stock-based compensation awards | 64,100 | 65,600 | 48,800 |
| Other financing activities, net | (6,100) | (8,500) | (17,900) |
| Net cash (used in) provided by financing activities | (2,491,300) | 4,796,100 | 3,310,000 |
| Exchange Rate Effect on Cash | (129,600) | (115,500) | (37,000) |
| (Decrease) Increase in Cash and Cash Equivalents | (891,400) | (4,482,500) | 5,020,400 |
| Cash and Cash Equivalents at Beginning of Period | 1,343,500 | 5,826,000 | |
| Cash and Cash Equivalents at End of Period | 452,100 | 1,343,500 | 5,826,000 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2015 | |
| 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 |