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Quest Diagnostics Reports Growth in Revenue and Earnings for Fourth Quarter 2008 and Provides 2009 Guidance
Date:1/26/2009

219.1) Decrease (increase) in investments and other assets 5.7 (4.3) --- ----- Net cash used in investing activities (198.9) (1,759.2) ------- --------- Cash flows from financing activities: Repayments of debt (481.9) (2,705.4) Proceeds from borrowings 22.9 3,754.5 Increase (decrease) in book overdrafts 14.2 (24.9) Purchases of treasury stock (254.0) (145.7) Exercise of stock options 30.5 80.9 Excess tax benefits from stock-based compensation arrangements 2.4 14.0 Dividends paid (78.0) (77.3) Distributions to minority partners (32.9) (24.7) Financing costs paid (1.1) (21.2) ----- ------ Net cash (used in) provided by financing activities (777.9) 850.2 ------- ----- Net change in cash and cash equivalents 86.3 18.0 Cash and cash equivalents, beginning of period 167.6 149.6 ----- ----- Cash and cash equivalents, end of period $253.9 $167.6 ======== ======== Cash paid during the period for: Interest
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