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: 2016 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 28, 2017) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Operating Activities | |||
| Net Income | $ 2,021,800 | 1,975,400 | 1,894,400 |
| Loss from discontinued operations | 3,500 | 4,900 | 1,100 |
| Income from continuing operations | 2,025,300 | 1,980,300 | 1,895,500 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,758,000 | 1,688,200 | 1,684,800 |
| Change in deferred income taxes | (620,000) | (524,800) | (621,800) |
| Net gains on sale of businesses | 0 | (7,600) | (895,400) |
| Non-cash stock-based compensation | 133,500 | 125,000 | 117,100 |
| Tax benefits from stock-based compensation awards | (53,500) | (64,100) | (65,600) |
| Non-cash charges for sale of inventories revalued at the date of acquisition | 75,000 | 6,900 | 303,400 |
| Other non-cash expenses, net | 66,800 | 58,600 | 38,000 |
| Changes in assets and liabilities, excluding the effects of acquisitions and dispositions: | |||
| Accounts receivable | (352,200) | (149,400) | (145,400) |
| Inventories | 97,800 | (140,700) | (109,800) |
| Other assets | (152,800) | (254,300) | 163,100 |
| Accounts payable | 55,500 | (2,700) | 1,200 |
| Other liabilities | 167,600 | 147,700 | 308,400 |
| Contributions to retirement plans | (42,700) | (37,500) | (49,600) |
| Net cash provided by continuing operations | 3,158,300 | 2,825,600 | 2,623,900 |
| Net cash used in discontinued operations | (2,000) | (8,700) | (4,300) |
| Net cash provided by operating activities | 3,156,300 | 2,816,900 | 2,619,600 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (5,188,400) | (694,600) | (13,060,100) |
| Proceeds from sale of businesses, net of cash divested | 0 | 0 | 1,521,800 |
| Purchase of property, plant and equipment | (444,400) | (422,900) | (427,600) |
| Proceeds from sale of property, plant and equipment | 26,300 | 18,100 | 49,300 |
| Proceeds from sale of investments | 81,200 | 12,000 | 88,600 |
| (Increase) decrease in restricted cash | (1,500) | 5,800 | 48,600 |
| Other investing activities, net | (5,300) | (5,800) | (3,300) |
| Net cash used in investing activities | (5,532,100) | (1,087,400) | (11,782,700) |
| Financing Activities | |||
| Net proceeds from issuance of debt | 7,604,000 | 1,798,000 | 6,592,300 |
| Repayment of debt | (4,334,200) | (3,780,200) | (4,466,000) |
| Increase (decrease) in commercial paper, net | 904,100 | 49,500 | (249,900) |
| Purchases of company common stock | (1,250,000) | (500,000) | 0 |
| Dividends paid | (238,400) | (240,600) | (234,800) |
| Net proceeds from issuance of company common stock | 0 | 0 | 2,942,000 |
| Net proceeds from issuance of company common stock under employee stock plans | 135,300 | 124,000 | 155,400 |
| Tax benefits from stock-based compensation awards | 53,500 | 64,100 | 65,600 |
| Other financing activities, net | (13,700) | (6,100) | (8,500) |
| Net cash provided by (used in) financing activities | 2,860,600 | (2,491,300) | 4,796,100 |
| Exchange Rate Effect on Cash | (150,700) | (129,600) | (115,500) |
| Increase (Decrease) in Cash and Cash Equivalents | 334,100 | (891,400) | (4,482,500) |
| Cash and Cash Equivalents at Beginning of Period | 452,100 | 1,343,500 | |
| Cash and Cash Equivalents at End of Period | 786,200 | 452,100 | 1,343,500 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2016 | |
| 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 |