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: 2019 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 26, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Operating Activities | |||
| Net Income | $ 3,696 | 2,938 | 2,225 |
| Loss from discontinued operations | 0 | 0 | 3 |
| Income from continuing operations | 3,696 | 2,938 | 2,228 |
| Adjustments to reconcile income from continuing operations to net cash provided by operating activities: | |||
| Depreciation of property, plant and equipment | 564 | 526 | 439 |
| Amortization of acquisition-related intangible assets | 1,713 | 1,741 | 1,594 |
| Change in deferred income taxes | (302) | (379) | (1,098) |
| Gain on sales of businesses | (482) | 0 | 0 |
| Non-cash stock-based compensation | 181 | 181 | 159 |
| Loss on early extinguishment of debt | 184 | 3 | 4 |
| Other non-cash expenses, net | 84 | 103 | 186 |
| Changes in assets and liabilities, excluding the effects of acquisitions and disposition: | |||
| Accounts receivable | (225) | (366) | (362) |
| Inventories | (458) | (324) | (81) |
| Other assets | (408) | 54 | (153) |
| Accounts payable | 266 | 201 | 274 |
| Other liabilities | 210 | (42) | 1,016 |
| Contributions to retirement plans | (50) | (93) | (200) |
| Net cash provided by continuing operations | 4,973 | 4,543 | 4,006 |
| Net cash used in discontinued operations | 0 | 0 | (1) |
| Net cash provided by operating activities | 4,973 | 4,543 | 4,005 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (1,843) | (536) | (7,226) |
| Proceeds from sale of business, net of cash divested | 1,128 | 0 | 0 |
| Purchase of property, plant and equipment | (926) | (758) | (508) |
| Proceeds from sale of property, plant and equipment | 36 | 50 | 7 |
| Other investing activities, net | 118 | (9) | (2) |
| Net cash used in investing activities | (1,487) | (1,253) | (7,729) |
| Financing Activities | |||
| Net proceeds from issuance of debt | 5,638 | 690 | 6,459 |
| Repayment of debt | (6,360) | (2,052) | (3,299) |
| Proceeds from issuance of commercial paper | 2,781 | 5,060 | 8,380 |
| Repayments of commercial paper | (3,464) | (5,254) | (8,514) |
| Purchases of company common stock | (1,500) | (500) | (750) |
| Dividends paid | (297) | (266) | (237) |
| Net proceeds from issuance of company common stock | 0 | 0 | 1,690 |
| Net proceeds from issuance of company common stock under employee stock plans | 153 | 136 | 128 |
| Other financing activities, net | (69) | (51) | (3) |
| Net cash (used in) provided by financing activities | (3,118) | (2,237) | 3,854 |
| Exchange Rate Effect on Cash | (63) | (297) | 420 |
| Increase in Cash, Cash Equivalents and Restricted Cash | 305 | 756 | 550 |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Period | 2,117 | 1,361 | |
| Cash, Cash Equivalents and Restricted Cash at End of Period | 2,422 | 2,117 | 1,361 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2019 | |
| 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 |