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Quest Diagnostics Reports Strong Performance in Third Quarter 2009
Date:11/4/2009

on 193.7 198.8 Provision for doubtful accounts 249.3 248.0 Deferred income tax provision (benefit) 58.9 (21.1) Stock compensation expense 53.3 49.6 Provision for special charge - 72.7 Excess tax benefits from stock-based compensation arrangements (3.2) (2.1) Other, net 11.0 2.0 Changes in operating assets and liabilities: Accounts receivable (304.0) (259.7) Accounts payable and accrued expenses 82.5 (0.5) Integration, settlement and other special charges (328.1) (6.1) Income taxes payable 13.3 8.7 Other assets and liabilities, net 34.8 (25.4) ---- ------ Net cash provided by operating activities 637.1 700.1 ----- ----- Cash flows from investing activities: Business acquisitions, net of cash acquired (16.6) 19.3 Capital expenditures (117.0) (140.2) (Increase) decrease in investments and other assets (6.6) 4.4 ----- --- Net cash used in investing activities (140.2) (116.5) ------- ------- Cash flows from financing activities: Proceeds from borrowings 510.0 21.5 Repayments of debt (617
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