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: 2018 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2018 10-K (Filed: Feb 27, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Operating Activities | |||
| Net Income | $ 2,938 | 2,225 | 2,022 |
| Loss from discontinued operations | 0 | 3 | 3 |
| Income from continuing operations | 2,938 | 2,228 | 2,025 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 2,267 | 2,033 | 1,758 |
| Change in deferred income taxes | (379) | (1,098) | (620) |
| Non-cash stock-based compensation | 181 | 159 | 133 |
| Other non-cash expenses, net | 106 | 190 | 142 |
| Changes in assets and liabilities, excluding the effects of acquisitions: | |||
| Accounts receivable | (366) | (362) | (352) |
| Inventories | (324) | (81) | 98 |
| Other assets | 54 | (153) | (153) |
| Accounts payable | 201 | 274 | 56 |
| Other liabilities | (42) | 1,016 | 216 |
| Contributions to retirement plans | (93) | (200) | (43) |
| Net cash provided by continuing operations | 4,543 | 4,006 | 3,260 |
| Net cash used in discontinued operations | 0 | (1) | (2) |
| Net cash provided by operating activities | 4,543 | 4,005 | 3,258 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (536) | (7,226) | (5,178) |
| Purchase of property, plant and equipment | (758) | (508) | (444) |
| Proceeds from sale of property, plant and equipment | 50 | 7 | 26 |
| Other investing activities, net | (9) | (2) | 76 |
| Net cash used in investing activities | (1,253) | (7,729) | (5,520) |
| Financing Activities | |||
| Net proceeds from issuance of debt | 690 | 6,459 | 7,604 |
| Repayment of debt | (2,052) | (3,299) | (4,334) |
| Proceeds from issuance of commercial paper | 5,060 | 8,380 | 9,182 |
| Repayments of commercial paper | (5,254) | (8,514) | (8,278) |
| Purchases of company common stock | (500) | (750) | (1,250) |
| Dividends paid | (266) | (237) | (238) |
| Net proceeds from issuance of company common stock | 0 | 1,690 | 0 |
| Net proceeds from issuance of company common stock under employee stock plans | 136 | 128 | 87 |
| Other financing activities | (51) | (3) | (14) |
| Net cash (used in) provided by financing activities | (2,237) | 3,854 | 2,759 |
| Exchange Rate Effect on Cash | (297) | 420 | (152) |
| Increase in Cash, Cash Equivalents and Restricted Cash | 756 | 550 | 345 |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | 1,361 | 811 | |
| Cash, Cash Equivalents and Restricted Cash at End of Period | 2,117 | 1,361 | 811 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2018 | |
| 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 |