Express Scripts 2015 Annual Report Download - page 82

Download and view the complete annual report

Please find page 82 of the 2015 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 100

  • 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

80
Express Scripts 2015 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, 2014
Cash and cash equivalents $ — $ 956.0 $ 0.5 $ 13.7 $ 862.4 $ — $ 1,832.6
Receivables, net — 3,118.5 592.4 1,726.5 542.4 — 5,979.8
Other current assets — 361.5 228.7 2,150.0 38.9 (23.4) 2,755.7
Total current assets — 4,436.0 821.6 3,890.2 1,443.7 (23.4) 10,568.1
Property and equipment, net — 712.3 5.0 847.9 18.8 — 1,584.0
Investments in subsidiaries 38,191.4 10,507.4 9,895.1 — — (58,593.9) —
Intercompany — — 412.5 13,865.0 282.4 (14,559.9) —
Goodwill — 3,107.5 22,609.9 3,539.9 23.6 — 29,280.9
Other intangible assets, net — 966.7 9,606.0 1,613.7 14.5 — 12,200.9
Other assets 3.7 87.5 20.1 7.6 4.4 (8.9) 114.4
Total assets $ 38,195.1 $ 19,817.4 $ 43,370.2 $ 23,764.3 $ 1,787.4 $ (73,186.1) $ 53,748.3
Claims and rebates payable $ — $ 4,680.1 $ 3,808.1 $ — $ — $ — $ 8,488.2
Accounts payable — 847.5 39.5 2,167.1 83.2 — 3,137.3
Accrued expenses 15.3 976.7 562.2 362.2 943.1 (23.4) 2,836.1
Current maturities of long-term debt 2,048.1 — 502.9———2,551.0
Total current liabilities 2,063.4 6,504.3 4,912.7 2,529.3 1,026.3 (23.4) 17,012.6
Long-term debt 7,130.4 1,991.8 1,844.2 — — — 10,966.4
Intercompany 8,947.1 5,612.8———(14,559.9) —
Deferred taxes — — 3,389.9 1,538.1 4.1 (8.9) 4,923.2
Other liabilities — 315.4 425.1 37.1 4.5 — 782.1
Non-controlling interest ————9.8—9.8
Express Scripts stockholders’ equity 20,054.2 5,393.1 32,798.3 19,659.8 742.7 (58,593.9) 20,054.2
Total liabilities and stockholders’
equity $ 38,195.1 $ 19,817.4 $ 43,370.2 $ 23,764.3 $ 1,787.4 $ (73,186.1) $ 53,748.3