Express Scripts 2013 Annual Report Download - page 109

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109 Express Scripts 2013 Annual Report
Condensed Consolidating Statement of Cash Flows
(in millions)
Express
Scripts
Holding
Company
Express
Scripts, Inc.
Medco
Health
Solutions,
Inc. Guarantors
Non-
Guarantors Eliminations Consolidated
For the year ended December 31, 2011
Net cash flows provided by (used in)
operating activities $ (14.1) $ 1,426.4 $ — $ 753.1 $ 27.7 $ — $ 2,193.1
Cash flows from investing activities:
Purchases 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:
Treasury stock acquired — (2,515.7) ————(2,515.7)
Repayment of long-term debt — (0.1) ————(0.1)
Net proceeds from employee stock
plans —32.2————32.2
Excess tax benefit relating to
employee stock-based compensation —28.3————28.3
Distributions paid to non-controlling
interest ————(1.1) — (1.1)
Proceeds from long-term debt, net of
discounts 4,086.3 1,494.0————5,580.3
Deferred financing fees (29.2) (62.4) ————(91.6)
Other — (2.9) ————(2.9)
Net intercompany transactions (4,043.0) 4,791.6 — (744.6) (4.0) — —
Net cash provided by (used in)
financing activities 14.1 3,765.0 — (744.6) (5.1) — 3,029.4
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