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Hospira Reports Fourth-Quarter and Full-Year 2008 Results
Date:2/17/2009

red, including payments for deferred consideration (26.1) (1,980.5) Purchases of intangibles and other investments (50.8) (5.5) (Purchases) Sales of marketable securities (24.5) 10.4 Settlements of foreign currency contracts - (55.7) Proceeds from dispositions of product rights - 13.8 Proceeds from disposal of facilities 0.8 - -------- -------- Net Cash Used in Investing Activities (264.9) (2,228.0) -------- -------- Cash Flow From Financing Activities: Issuance of long-term debt, net of fees paid - 3,336.2 Repayment of long-term debt (95.2) (1,825.2) Other borrowings, net 6.3 (6.2) Excess tax benefit from stock-based compensation arrangements 1.0 2.3 Proceeds from stock options exercised 27.8 73.1 -------- -------- Net Cash (Used in) Provided by Financing Activities (60.1) 1,580.2 -------- -------- Effect of exchange rate changes on cash and cash equivalents (16.4) 15.8 -------- -------- Net change in cash and cash equivalents 242.7 (80.9) Cash and cash equivalents at beginning of year 241.1 322.0 -------- -------- Cash and cash equivalents at end of year $483.8
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SOURCE Hospira, Inc.
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