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How do you reformulate the cash flows statement? LABORATORY CORPORATION OF AMERICA HOLDINGS AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (IN MILLIONS) 2015 2016 2017
How do you reformulate the cash flows statement?
LABORATORY CORPORATION OF AMERICA HOLDINGS AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS (IN MILLIONS) 2015 2016 2017 2018 2019 $ 438.0 $ 733.2 $ 1.274.0 $ 883.9 $ 824.9 $ 457.8 $ 499.2 $ 533.2 $ 552.1 $ 577.2 $ 102.1 $ 109.6 $ 109.7 $ 91.6 $ 91.6 $ 107.0 $ 4.6 $ (9.2) $ 1.5 6.2 $ (184.9) $ 13.2 $ 194.1 $ 2.0 s 1.65 0.3 $ 0.2 $ 0.1 $ 1.2 $ 0.5$ 10.9) $ 39.7 $ 23.5 $ 5.3 $ (33.4) $ 54.7 $ (525.8) $ 22.2 $ 29.2 $ 25.8 $ 10.8 S (6.5) $ (71.8) $ (85.5) $ (2.1) $ 50.2 $ (64.13 $ (16.9) $ (33.4) S (8.2) $ (810) $ (59.0) $ (0.2) $ (9.6) $ (9.6) $ (16.4) $ (18.9) S (21.9) $ 62.3 $ (20.5) $ (2013) $ (57.9) S (42.6) $ 30.7 $ (8.71 $ 85.6 $ 43.3 $ (12.8) $ 18.8 $ 58.6 $ (33.8) $ 5.4 $ 29.9 $ 19.0 $ 38.1 $ (38.0) $ (86.6) $ 15.05 27.8 $ (132.1) $ 982.4 $1,175.9 $ 1.459.4 $ 1.305.4 $1.444.7 CASH FLOWS FROM OPERATING ACTIVITIES: Net earnings Adjustments to reconcile net earnings Depreciation and amortization Stock compensation Loss (gain) on sale of assets Gain on disposition of businesses Operating lease right-of-use asset expense Accrued interest on zero-coupon subordinated notes Cumulative earnings less than in excess of distributions from equity method investments Asset impairment Deferred income taxes Other Change in assets and liabilities (net of effects of acquisitions): Increase in accounts receivable (net) Increase in unbilled services Increase in inventories Decrease increase) in prepaid expenses and other Increase decrease) in accounts payable (Decrease) increase in unearned revenue Increase in deferred revenue Decrease in accrued expenses and other Net cash provided by operating activities CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures Purchases of investments Proceeds from sale of assets Proceeds from sale or distribution of investments Proceeds from sale of business Proceeds from disposition of businesses Proceeds from sale of held for sale assets Proceeds from exit of cross currency swaps Proceeds from sale of investments Acquisition of licensing technology Investments in equity affiliates Acquisition of businesses, net of cash acquired Net cash used for investing activities CASH FLOWS FROM FINANCING ACTIVITIES: Proceeds from Senior Notes offerings Proceeds from term loan Payments on term loan Proceeds from revolving credit facilities Payments on revolving credit facilities Proceeds from bridge loan Payments on bridge loan Payments on Senior Notes Payments on zero-coupon subordinated notes Payment of debt issuance costs Payments on long-term lease obligations Noncontrolling interest distributions Deferred payments on acquisitions Net share settlement tax payments from issuance of stock to employees Excess tax benefits on stock based compensation Net proceeds from issuance of stock to employees Purchase of common stock Net cash used for financing activities Effect of exchange rate changes on cash and cash equivalents Net increase (decrease) in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year $ 255.8) $ (278.9) $ (312.9) $ (379.8) $ (400-2) $ (36.2) $ (22.3) $ (27.5) $ 0.6 $ 30.8 $ 5.5 $ 50.1 S 7.7 $ 112 $ 658.2 s 3.7 $ 654.5 $ 18.3 $ 1.7 $ 8.0 $ 13.5 $ (2.5) $ (11.7) $ (12.5) $ (36.2) $ (22.3) $(3.736.0) $ (548.6) $11.882.6) $ (117.8) $ (876.0) $13,994.9) S (795.7) $12.228.7) $ 206.7 $(1.283.1) - $ 2,900.0 $ 1,200.0 $ 1,050.0 $ 1.000.0 $ 750.0 - $ 850.0 $ (285.0) $ (150.0) $ (493.0) $ (295.0) $(1,002.0) $ 60.0 $ 139.5 $ 1,392.2 $ 467.2 $495.0 $ (60.0) $ (139.5) $(1.392.2) $ (467.2) $ (495.0) $ 400.0 $ (400.0) $ 500.0) $ (454.7) $ (500.1) $ (400.0) $ (687.9) $ (1.3) S (53.7) $ (33.9) $ (0.3) $ (36.7) $ (15.31 $ (11.6) $ (4.3) $ (8.4) $ (7.7) 19.3) $ (2.1) $ (1.0) $ (6.4) $ 10.1) $ (7.6) $ (2.6) $ (34.6) $ (47.4) $ (48.0) $ (40.6) $ 13.1 $ 98.9 $ 70.6 $ 73.6 $ 69.1 $ 64.7 $ (43.9) $ (338.1) $ (700.0) $ (450.0) $ 3,184.6 S (649.8) $ 631.9 $(1.389.9) $ (252.7) $ (35.7) $ (13.2) $ 20.5 $ (12.0) $ 1.8 $ 136.4 $ (282.8) $ (116.9) $110.2 $ (893) $ 580.0 $ 716.4 $ 433.6 $ 316.6 $ 426.8 $ 716.4 $ 433.6 $ 316.7 $ 426.8 $ 337.5Step by Step Solution
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