Express Scripts 2013 Annual Report Download - page 103

Download and view the complete annual report

Please find page 103 of the 2013 Express Scripts annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 124

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124

103 Express Scripts 2013 Annual Report
Condensed Consolidating Balance Sheet
(in millions)
Express
Scripts
Holding
Company
Express
Scripts, Inc.
Medco
Health
Solutions,
Inc. Guarantors
Non-
Guarantors Eliminations Consolidated
As of December 31, 2013
Cash and cash equivalents $ — $ 1,145.9 $ 3.6 $ 44.0 $ 797.9 $ — $ 1,991.4
Restricted cash and investments — — 1.0 — 21.8 — 22.8
Receivables, net — 1,381.3 750.5 1,557.1 334.0 — 4,022.9
Other current assets — 99.8 286.4 2,010.4 26.7 — 2,423.3
Current assets of discontinued
operations ————31.0 — 31.0
Total current assets — 2,627.0 1,041.5 3,611.5 1,211.4 — 8,491.4
Property and equipment, net — 550.3 5.4 1,082.7 20.5 — 1,658.9
Investments in subsidiaries 36,060.9 9,096.2 12,089.8 — — (57,246.9) —
Intercompany — — — 14,247.9 — (14,247.9) —
Goodwill — 2,921.4 22,608.1 3,750.3 25.6 — 29,305.4
Other intangible assets, net 51.7 1,071.7 10,946.8 1,926.0 19.4 — 14,015.6
Other assets — 79.9 16.5 3.9 12.2 (35.6) 76.9
Total assets $ 36,112.6 $ 16,346.5 $ 46,708.1 $ 24,622.3 $ 1,289.1 $ (71,530.4) $ 53,548.2
Claims and rebates payable $ — $ 3,866.2 $ 2,901.6 $ — $ — $ — $ 6,767.8
Accounts payable — 875.1 62.7 1,834.9 127.3 — 2,900.0
Accrued expenses 45.3 455.9 241.0 615.5 624.5 — 1,982.2
Current maturities of long-term debt 1,583.9 0.1————1,584.0
Current liabilities of discontinued
operations ————1.3—1.3
Total current liabilities 1,629.2 5,197.3 3,205.3 2,450.4 753.1 — 13,235.3
Long-term debt 7,975.9 1,994.9 2,392.2———12,363.0
Intercompany 4,670.1 6,328.1 3,222.2 — 27.5 (14,247.9) —
Deferred taxes — — 4,034.7 1,386.4 19.5 — 5,440.6
Other liabilities — 199.1 419.9 79.0 2.0 (35.6) 664.4
Noncurrent liabilities of discontinued
operations ————0.1—0.1
Non-controlling interest ————7.4—7.4
Express Scripts stockholders’ equity 21,837.4 2,627.1 33,433.8 20,706.5 479.5 (57,246.9) 21,837.4
Total liabilities and stockholders’
equity $ 36,112.6 $ 16,346.5 $ 46,708.1 $ 24,622.3 $ 1,289.1 $ (71,530.4) $ 53,548.2