Quest Diagnostics 2013 Annual Report Download - page 99

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F- 27
for the respective jurisdiction. The Internal Revenue Service (“IRS”) has completed its examinations of the Company's
consolidated federal income tax returns up through and including the 2009 tax year; however, the Company is currently
appealing several proposed tax adjustments for its 2008 and 2009 tax years. At this time, the Company does not believe that
there will be any material additional payments beyond its recorded contingent liability reserves that may be required as a result
of these tax audits. As of December 31, 2013, a summary of the tax years that remain subject to examination, or that are under
appeal, for the Company's major jurisdictions are:
United States - federal 2008 - 2013
United States - various states 2005 - 2013
9. SUPPLEMENTAL CASH FLOW & OTHER DATA
Supplemental cash flow data for the years ended December 31, 2013, 2012 and 2011 is as follows:
2013 2012 2011
Depreciation expense $ 204 $ 207 $ 214
Amortization expense 79 80 67
Interest paid 167 163 162
Income taxes paid 568 305 285
Assets acquired under capital leases 13 6 8
Businesses acquired:
Fair value of assets acquired 280 51 1,560
Fair value of liabilities assumed 16 — 148
Fair value of net assets acquired 264 51 1,412
Merger consideration paid (payable) (50)— (1)
Cash paid for business acquisitions 214 51 1,411
Less: Cash acquired 1 — 112
Business acquisitions, net of cash acquired $ 213 $ 51 $ 1,299
Supplemental continuing operations data for the statement of operations for the years ended December 31, 2013, 2012
and 2011 is as follows:
2013 2012 2011
Depreciation expense $ 203 $ 204 $ 211
Interest expense (162)(168)(172)
Interest income 3 3 2
Interest expense, net $ (159)$ (165)$ (170)
QUEST DIAGNOSTICS INCORPORATED AND SUBSIDIARIES
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS – CONTINUED
(in millions unless otherwise indicated)