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: 2017 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 28, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Operating Activities | |||
| Net Income | $ 2,225 | 2,022 | 1,975 |
| Loss from discontinued operations | 3 | 3 | 5 |
| Income from continuing operations | 2,228 | 2,025 | 1,980 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Depreciation and amortization | 2,033 | 1,758 | 1,688 |
| Change in deferred income taxes | (1,098) | (620) | (525) |
| Non-cash stock-based compensation | 159 | 133 | 125 |
| Non-cash charges for sale of inventories revalued at the date of acquisition | 87 | 75 | 7 |
| Other non-cash expenses, net | 103 | 67 | 61 |
| Changes in assets and liabilities, excluding the effects of acquisitions and dispositions: | |||
| Accounts receivable | (362) | (352) | (149) |
| Inventories | (81) | 98 | (141) |
| Other assets | (153) | (153) | (254) |
| Accounts payable | 274 | 56 | (3) |
| Other liabilities | 1,016 | 216 | 200 |
| Contributions to retirement plans | (200) | (43) | (38) |
| Net cash provided by continuing operations | 4,006 | 3,260 | 2,951 |
| Net cash used in discontinued operations | (1) | (2) | (9) |
| Net cash provided by operating activities | 4,005 | 3,258 | 2,942 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (7,226) | (5,178) | (695) |
| Purchase of property, plant and equipment | (508) | (444) | (423) |
| Proceeds from sale of property, plant and equipment | 7 | 26 | 18 |
| Proceeds from sale of investments | 22 | 81 | 12 |
| Other investing activities, net | (24) | (5) | (5) |
| Net cash used in investing activities | (7,729) | (5,520) | (1,093) |
| Financing Activities | |||
| Net proceeds from issuance of debt | 6,459 | 7,604 | 1,798 |
| Repayment of debt | (3,299) | (4,334) | (3,789) |
| Proceeds from issuance of commercial paper | 8,380 | 9,182 | 7,934 |
| Repayments of commercial paper | (8,514) | (8,278) | (7,885) |
| Purchases of company common stock | (750) | (1,250) | (500) |
| Dividends paid | (237) | (238) | (241) |
| Net proceeds from issuance of company common stock | 1,690 | 0 | 0 |
| Net proceeds from issuance of company common stock under employee stock plans | 128 | 87 | 72 |
| Other financing activities, net | (3) | (14) | (6) |
| Net cash provided by (used in) financing activities | 3,854 | 2,759 | (2,617) |
| Exchange Rate Effect on Cash | 420 | (152) | (130) |
| Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash | 550 | 345 | (898) |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | 811 | 466 | |
| Cash, Cash Equivalents and Restricted Cash at End of Period | 1,361 | 811 | 466 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2017 | |
| 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 |