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: 2020 | |||
Consolidated Statement of Cash Flows | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 25, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Operating Activities | |||
| Net Income | $ 6,375 | 3,696 | 2,938 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation of property, plant and equipment | 658 | 564 | 526 |
| Amortization of acquisition-related intangible assets | 1,667 | 1,713 | 1,741 |
| Change in deferred income taxes | (552) | (302) | (379) |
| Gain on sales of businesses | 0 | (482) | 0 |
| Stock-based compensation | 196 | 181 | 181 |
| Loss on early extinguishment of debt | 0 | 184 | 3 |
| Other non-cash expenses, net | 340 | 84 | 103 |
| Changes in assets and liabilities, excluding the effects of acquisitions and disposition: | |||
| Accounts receivable | (1,302) | (225) | (366) |
| Inventories | (508) | (458) | (324) |
| Accounts payable | 59 | 266 | 201 |
| Contributions to retirement plans | (96) | (50) | (93) |
| Other | 1,452 | (198) | 12 |
| Net cash provided by operating activities | 8,289 | 4,973 | 4,543 |
| Investing Activities | |||
| Acquisitions, net of cash acquired | (38) | (1,843) | (536) |
| Proceeds from sale of business, net of cash divested | 0 | 1,128 | 0 |
| Purchase of property, plant and equipment | (1,474) | (926) | (758) |
| Proceeds from sale of property, plant and equipment | 8 | 36 | 50 |
| Other investing activities, net | (6) | 118 | (9) |
| Net cash used in investing activities | (1,510) | (1,487) | (1,253) |
| Financing Activities | |||
| Net proceeds from issuance of debt | 3,464 | 5,638 | 690 |
| Repayment of debt | (713) | (6,360) | (2,052) |
| Proceeds from issuance of commercial paper | 383 | 2,781 | 5,060 |
| Repayments of commercial paper | (387) | (3,464) | (5,254) |
| Purchases of company common stock | (1,500) | (1,500) | (500) |
| Dividends paid | (337) | (297) | (266) |
| Net proceeds from issuance of company common stock under employee stock plans | 196 | 153 | 136 |
| Other financing activities, net | (147) | (69) | (51) |
| Net cash provided by (used in) financing activities | 959 | (3,118) | (2,237) |
| Exchange Rate Effect on Cash | 176 | (63) | (297) |
| Increase in Cash, Cash Equivalents and Restricted Cash | 7,914 | 305 | 756 |
| Cash, Cash Equivalents and Restricted Cash at Beginning of Year | 2,422 | 2,117 | |
| Cash, Cash Equivalents and Restricted Cash at End of Year | 10,336 | 2,422 | 2,117 |
| External Links | |
| THERMO FISHER SCIENTIFIC INC. (TMO) Fiscal Year 2020 | |
| 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 |