Express Scripts 2011 Annual Report Download - page 91

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Express Scripts 2011 Annual Report 89
Condensed Consolidating Statement of Cash Flows
(in millions)
Express
Scripts, Inc.
Aristotle
Holding,
Inc.
Guarantors
Non-
Guarantors
Eliminations
Consolidated
For the year ended December 31, 2011
Net cash flows provided by (used in)
operating activities
$
1,846.9
$
(14.1)
$
753.1
$
26.6
$
(420.5)
$
2,192.0
Cash flows from investing activities:
Purchase of property and equipment
(124.9)
-
(13.4)
(6.1)
-
(144.4)
Other
(1.0)
-
1.3
20.2
-
20.5
Net cash (used in) provided by investing
activities
(125.9)
-
(12.1)
14.1
-
(123.9)
Cash flows from financing activities:
Proceeds from long-term debt, net of
discounts
1,494.0
4,086.3
-
-
-
5,580.3
Treasury stock acquired
(2,515.7)
-
-
-
-
(2,515.7)
Deferred financing fees
(62.4)
(29.2)
-
-
-
(91.6)
Net proceeds from employee stock
plans
32.2
-
-
-
-
32.2
Tax benefit relating to employee
stock-based compensation
28.3
-
-
-
-
28.3
Repayment of long-term debt
(0.1)
-
-
-
-
(0.1)
Other
(2.9)
-
-
-
-
(2.9)
Net transactions with parent
4,371.1
(4,043.0)
(744.6)
(4.0)
420.5
-
Net cash provided by (used in) financing
activities
3,344.5
14.1 (744.6) (4.0) 420.5 3,030.5
Effect of foreign currency translation
adjustment
-
-
-
(2.2)
-
(2.2)
Net increase (decrease) in cash and cash
equivalents
5,065.5
-
(3.6)
34.5
-
5,096.4
Cash and cash equivalents at beginning
of year
456.7
-
9.0
58.0
-
523.7
Cash and cash equivalents at end of year
$
5,522.2
$
-
$
5.4
$
92.5
$
-
$
5,620.1