Stock Analysis on Net

Baxter International Inc. (NYSE:BAX)

This company has been moved to the archive! The financial data has not been updated since August 4, 2016.

Cash Flow Statement

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Baxter International Inc., consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Dec 31, 2015 Dec 31, 2014 Dec 31, 2013 Dec 31, 2012 Dec 31, 2011
Net income 968 2,497 2,012 2,326 2,256
Income from discontinued operations, net of tax (575)
Depreciation and amortization 759 1,005 823 712 670
Deferred income taxes (50) (78) (224) (17) 172
Stock compensation 126 159 150 130 119
Realized excess tax benefits from stock issued under employee benefit plans (7) (24) (34) (24) (21)
Business optimization charges 130 27 282 150 192
Asset impairment and other charges 182
Net periodic pension benefit and OPEB costs 227 275 381 477 255
Gain on sale of discontinued operations (466)
Infusion pump and other product-related charges (28) 93 17
(Gains) losses related to contingent payment liabilities 122 (17) (108)
Other, net (105) 269 54 66 32
Accounts and other current receivables, net (4) (125) (36) (41) (229)
Inventories (118) (439) (311) (129) (315)
Accounts payable and accrued liabilities 236 115 329 18 98
Business optimization and infusion pump payments (112) (161) (125) (283) (347)
Other, net (318) (54) (103) (171) (247)
Changes in balance sheet items (316) (664) (246) (606) (1,040)
Adjustments to reconcile income from continuing operations to net cash from operating activities 161 718 1,186 780 561
Cash flows from operations 1,129 3,215 3,198 3,106 2,817
Capital expenditures (911) (1,898) (1,525) (1,161) (960)
Acquisitions and investments, net of cash acquired (34) (409) (3,851) (515) (590)
Divestitures and other investing activities 84 765 14 107 123
Cash flows from investing activities (861) (1,542) (5,362) (1,569) (1,427)
Issuances of debt 6,868 41 3,636 1,037 506
Payments of obligations (3,776) (1,029) (540) (22) (23)
Increase (decrease) in debt with original maturities of three months or less, net (575) 875 (250) 250
Transfer of cash and equivalents to Baxalta (2,122)
Cash dividends on common stock (910) (1,095) (1,023) (804) (709)
Proceeds and realized excess tax benefits from stock issued under employee benefit plans 200 369 508 512 448
Purchases of treasury stock (550) (913) (1,480) (1,583)
Other (42) (13) (23) (108) (26)
Cash flows from financing activities (357) (1,402) 1,645 (1,115) (1,137)
Cash flows from operations, discontinued operations 518
Cash flows from investing activities, discontinued operations (946)
Cash flows from discontinued operations (428)
Effect of foreign exchange rate changes on cash and equivalents (195) (79) (18) (57) (33)
Increase (decrease) in cash and equivalents (712) 192 (537) 365 220
Cash and equivalents at beginning of year 2,925 2,733 3,270 2,905 2,685
Cash and equivalents at end of year 2,213 2,925 2,733 3,270 2,905

Based on: 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31).

Cash flow statement item Description The company
Cash flows from operations Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Baxter International Inc. cash flows from operations increased from 2013 to 2014 but then decreased significantly from 2014 to 2015.
Cash flows from investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Baxter International Inc. cash flows from investing activities increased from 2013 to 2014 and from 2014 to 2015.
Cash flows from financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Baxter International Inc. cash flows from financing activities decreased from 2013 to 2014 but then slightly increased from 2014 to 2015.