THERMO FISHER SCIENTIFIC INC. (TMO) FY2024 YTD Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-01-01 to 2024-09-28

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THERMO FISHER SCIENTIFIC INC. cash flow reconciliation, Jan 1, 2024 through Sep 28, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Calculated remaining financing cash flows are purple; remaining operating and investing bundles are gray. Their underlying inflows and outflows are not separately identified. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $4,514,000,000.00Amortization of acquisition-related intangible assets → Operating adjustments reconciliation: $1,514,000,000.00Depreciation of property, plant and equipment → Operating adjustments reconciliation: $852,000,000.00Other non-cash expenses, net → Operating adjustments reconciliation: $254,000,000.00Stock-based compensation → Operating adjustments reconciliation: $222,000,000.00Remaining operating cash flows, net (calculated) → Operating adjustments reconciliation: $1,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $863,000,000.00Operating adjustments reconciliation → Change in deferred income taxes: $1,007,000,000.00Operating adjustments reconciliation → Changes in assets and liabilities, excluding the effects of acquisitions: $973,000,000.00Proceeds from cross-currency interest rate swap interest settlements → investing reconciliation: $203,000,000.00Proceeds from sale of property, plant and equipment → investing reconciliation: $40,000,000.00Other investing activities, net → investing reconciliation: $14,000,000.00investing reconciliation → Acquisitions, net of cash acquired: $3,132,000,000.00investing reconciliation → Purchases of investments: $2,065,000,000.00investing reconciliation → Purchases of property, plant and equipment: $920,000,000.00investing reconciliation → Remaining investing cash flows, net (calculated): $1,000,000.00Net cash used in financing activities → financing reconciliation: $3,126,000,000.00Net proceeds from issuance of debt → financing reconciliation: $1,204,000,000.00Other financing activities, net → financing reconciliation: $212,000,000.00financing reconciliation → Purchases of company common stock: $3,000,000,000.00financing reconciliation → Repayment of debt: $1,107,000,000.00financing reconciliation → Dividends paid: $434,000,000.00financing reconciliation → Remaining financing cash flows, net (calculated): $1,000,000.00Net cash used in investing activities → investing reconciliation: $5,861,000,000.00Exchange-rate effect → Cash sources and uses: $182,000,000.00Difference in the filed cash totals (calculated) → Cash sources and uses: $1,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $8,097,000,000.00Net cash from operating activities → Cash sources and uses: $5,377,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $4,670,000,000.00Cash sources and uses → Net cash used in investing activities: $5,861,000,000.00Cash sources and uses → Net cash used in financing activities: $3,126,000,000.00Net income: $4,514,000,000.00Net income+$4.51 BDepreciation of property, plant and equipment: $852,000,000.00Depreciation expense+$852.00 MAmortization of acquisition-related intangible assets: $1,514,000,000.00Intangible amortization+$1.51 BChange in deferred income taxes: -$1,007,000,000.00Deferred tax balances−$1.01 BStock-based compensation: $222,000,000.00Stock-based compensation+$222.00 MOther non-cash expenses, net: $254,000,000.00Other non-cash items+$254.00 MChanges in assets and liabilities, excluding the effects of acquisitions: -$973,000,000.00Changes in assets and liabilities, excluding theeffects of acquisitions−$973.00 MRemaining operating cash flows, net (calculated): $1,000,000.00Remaining operating (calculated)+$1.00 MNet cash from operating activities: $5,377,000,000.00Operating cash+$5.38 BOperating adjustments reconciliation: $2,843,000,000.00Net proceeds from issuance of debt: $1,204,000,000.00Long-term debt issued+$1.20 BProceeds from issuance of commercial paper: $0.00Repayments of commercial paper: -$0.00Purchases of company common stock: -$3,000,000,000.00Common stock repurchases−$3.00 BDividends paid: -$434,000,000.00Common dividends paid−$434.00 MOther financing activities, net: $212,000,000.00Other financing, net+$212.00 MRepayment of debt: -$1,107,000,000.00Long-term debt repaid−$1.11 BRemaining financing cash flows, net (calculated): -$1,000,000.00Remaining financing (calculated)−$1.00 MNet cash used in financing activities: -$3,126,000,000.00. Cash required to fund net payments.Financing cash−$3.13 Bfinancing reconciliation: $4,542,000,000.00Purchases of property, plant and equipment: -$920,000,000.00PP&E purchases−$920.00 MProceeds from sale of property, plant and equipment: $40,000,000.00PP&E sales+$40.00 MProceeds from cross-currency interest rate swap interest settlements: $203,000,000.00Proceeds from cross-currency interest rate swapinterest settlements+$203.00 MAcquisitions, net of cash acquired: -$3,132,000,000.00Acquisitions, net of cash−$3.13 BPurchases of investments: -$2,065,000,000.00Investment purchases−$2.07 BOther investing activities, net: $14,000,000.00Other investing, net+$14.00 MRemaining investing cash flows, net (calculated): -$1,000,000.00Remaining investing (calculated)−$1.00 MNet cash used in investing activities: -$5,861,000,000.00. Cash required to fund net payments.Investing cash−$5.86 Binvesting reconciliation: $6,118,000,000.00Cash sources and uses: $13,657,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $8,097,000,000.00Beginning cash$8.10 BEnding cash: Cash, cash equivalents, and restricted cash: $4,670,000,000.00Ending cash$4.67 BExchange-rate effect: $182,000,000.00FX effect+$182.00 MDifference in the filed cash totals (calculated): $1,000,000.00Filer's cash difference(calculated)+$1.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$4.46 BOperating cash − cash spent on PP&ECash flow / Net income1.19×Operating cash flow ÷ net incomeNet cash change−$3.43 BEnding cash − beginning cash
Chart details

THERMO FISHER SCIENTIFIC INC. cash flow reconciliation, Jan 1, 2024 through Sep 28, 2024

Cash flows for Jan 1, 2024 through Sep 28, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2023. Ending cash: Sep 28, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Dec 31, 2023
8,097,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
5,377,000,000 US dollars. Net cash provided. The remaining amount is calculated by subtracting the other displayed items from the operating total. The filing's tagged operating lines do not add up to the operating total; this is the difference. It may combine inflows and outflows.
Net income
4,514,000,000 US dollars
Depreciation of property, plant and equipment
852,000,000 US dollars
Amortization of acquisition-related intangible assets
1,514,000,000 US dollars
Change in deferred income taxes
negative 1,007,000,000 US dollars
Stock-based compensation
222,000,000 US dollars
Other non-cash expenses, net
254,000,000 US dollars
Changes in assets and liabilities, excluding the effects of acquisitions
negative 973,000,000 US dollars
Remaining operating cash flows, net (calculated)
1,000,000 US dollars
Investing activities
negative 5,861,000,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the investing total. The filing's tagged investing lines do not add up to the investing total; this is the difference. It may combine inflows and outflows.
Purchases of property, plant and equipment
negative 920,000,000 US dollars
Proceeds from sale of property, plant and equipment
40,000,000 US dollars
Proceeds from cross-currency interest rate swap interest settlements
203,000,000 US dollars
Acquisitions, net of cash acquired
negative 3,132,000,000 US dollars
Purchases of investments
negative 2,065,000,000 US dollars
Other investing activities, net
14,000,000 US dollars
Remaining investing cash flows, net (calculated)
negative 1,000,000 US dollars
Financing activities
negative 3,126,000,000 US dollars. Net cash used. The remaining amount is calculated by subtracting the other displayed items from the financing total. The filing's tagged financing lines do not add up to the financing total; this is the difference. It may combine inflows and outflows.
Net proceeds from issuance of debt
1,204,000,000 US dollars
Proceeds from issuance of commercial paper
0 US dollars
Repayments of commercial paper
0 US dollars
Purchases of company common stock
negative 3,000,000,000 US dollars
Dividends paid
negative 434,000,000 US dollars
Other financing activities, net
212,000,000 US dollars
Repayment of debt
negative 1,107,000,000 US dollars
Remaining financing cash flows, net (calculated)
negative 1,000,000 US dollars
Operating adjustment reconciliation
2,843,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
financing displayed reconciliation
4,542,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
investing displayed reconciliation
6,118,000,000 US dollars. Intermediate calculation joining the displayed items and the calculated net remainder. It does not establish gross cash receipts or payments and is not an additional cash flow.
Exchange-rate effect
182,000,000 US dollars
Difference in the filed cash totals (calculated)
1,000,000 US dollars. Into cash; drawn as the small gray flow above beginning cash.
Ending cash on Sep 28, 2024
4,670,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
13,657,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 3,427,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.19×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
5,377,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
920,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
4,457,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $863.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • The filer's reported cash figures differ by $1.00 M: its operating, investing and financing totals and exchange-rate effect do not add up to its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 5,377,000,000 US dollars minus 920,000,000 US dollars equals 4,457,000,000 US dollars.
  • The filer's reported cash figures differ by $1.00 M: its operating, investing and financing totals and exchange-rate effect do not add up to its reported net change in cash. The chart shows the difference as its own calculated flow; no reported amount has been adjusted.
THERMO FISHER SCIENTIFIC INC. (TMO) FY2024 YTD Q3 Statement of Cash Flows Sankey chart
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