Stryker (SYK) Cash Flow Statement

Click line-items for a historical chart and %

Operating Activities
Net earnings	1.14B
Adjustments to reconcile net earnings from operations to net cash provided by operating activities:
Depreciation	165M
Amortization	230M
Share-based compensation	71M
Income tax benefit from exercise of stock options
Excess income tax benefit from exercise of stock options	-31M
Sale of inventory stepped-up to fair value at acquisition
Other
Changes in operating assets and liabilities, net of effects of acquisitions:
Accounts receivable	22M
Inventories	-307M
Loaner instrumentation
Accounts payable	-11M
Accrued expenses and other liabilities	-72M
Income taxes	-58M
Other	58M
Net cash provided by operating activities	1.16B
Investing Activities
Acquisitions, net of cash acquired	-4.3B
Purchases of marketable securities	-136M
Proceeds from sales of marketable securities	769M
Purchases of property, plant and equipment	-347M
Proceeds from sales of property, plant and equipment
Net cash used in investing activities	-4.01B
Financing Activities
Proceeds from borrowings	4.25B
Payments on borrowings	-1.43B
Proceeds from issuance of long-term debt, net
Issuance cost of long-term debt
Dividends paid	-426M
Proceeds from exercise of stock options
Repurchase and retirement of common stock	-13M
Excess income tax benefit from exercise of stock options	31M
Other	-7M
Net cash provided by (used in) financing activities	2.4B
Effect of exchange rate changes on cash and cash equivalents	21M
Increase (decrease) in cash and cash equivalents	-426M

Entities mentioned with SYK