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Quest Diagnostics Reports Fourth Quarter 2011 Financial Results; Provides Guidance for 2012
Date:1/24/2012

39.1

 

33.7 

 Other assets and liabilities, net

14.7

 

16.2 

 Net cash provided by operating activities895.5

 

1,118.0 

 

 

 

 

  

 Cash flows from investing activities: 

 

  

 

Business acquisitions, net of cash acquired

(1,298.6)

 

 

Sale of securities acquired in business acquisition

213.5

 

 

Capital expenditures

(161.5)

 

(205.4) 

 

Decrease (increase) in investments and other assets

3.2

 

(11.1) 

 Net cash used in investing activities(1,243.4)

 

(216.5) 

 

 

 

 

  

 Cash flows from financing activities: 

 

  

 

Proceeds from borrowings

2,689.4

 

 

Repayments of debt

(1,710.3)

 

(169.5) 

 

Purchases of treasury stock

(935.0)

 

(750.0) 

 

Exercise of stock options

136.8

 

48.5 

 

Excess tax benefits from stock-based compensation arrangements

4.5

 

0.9 

 

Dividends paid

(64.7)

 

(71.3) 

 

Distributions to noncontrolling interests

(35.7)

 

(36.7) 

 

Other financing activities,
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SOURCE Quest Diagnostics Incorporated
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