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Express Scripts Reports Third Quarter 2013 Results
Date:10/24/2013

of tax 

41.319.2Net income from continuing operations 

1,408.0838.3 Adjustments to reconcile net income to net cash provided by operating activities: Depreciation and amortization 

1,824.01,270.0Deferred income taxes 

(376.2)(338.0)Employee stock-based compensation expense 

131.2341.6Other, net 

25.843.7 Changes in operating assets and liabilities:Accounts receivable 

194.5417.1Inventories 

8.6(358.1)Other current and noncurrent assets 

37.331.5Claims and rebates payable 

(980.3)(647.2)Accounts payable 

(320.5)142.7Other current and noncurrent liabilities 

(109.3)303.8 Net cash provided by operating activities - continuing operations 

1,843.12,045.4 Net cash (used in) provided by operating activities - discontinued operations 

(20.7)9.3 Net cash flows provided by operating activities 

1,822.42,054.7 Cash flows from investing activities: Proceeds from sale of business 

313.031.5Purchases of property and equipment 

(274.6)(101.9)Acquisitions, net of cash acquired 

(14.5)(10,326.0)Other 

(11.8)(16.2) Net cash provided by (used in) investing activities - continuing operations 

12.1(10,412.6) Acquisitions, cash acquired - discontinued operations 

-42.4 Net cash used in investing activities - discontinued operations 

(2.1)(4.1) Net cash provided by (used in) investing activities 

10.0(10,374.3) Cash flows from financing activities: Repayment of long-term debt 

(1,773.7)(2,710.6)Treasury stock acquired 

(1,552.5)-Net proceeds from employee stock plans 

383.6276.5Excess tax benefit relating to employee stock compensation 

23.230.4Dis
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SOURCE Express Scripts Holding Company
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