Stock Analysis on Net

Stryker Corp. (NYSE:SYK)

This company has been moved to the archive! The financial data has not been updated since April 29, 2022.

Cash Flow Statement 
Quarterly Data

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Stryker Corp., consolidated cash flow statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020 Dec 31, 2019 Sep 30, 2019 Jun 30, 2019 Mar 31, 2019 Dec 31, 2018 Sep 30, 2018 Jun 30, 2018 Mar 31, 2018 Dec 31, 2017 Sep 30, 2017 Jun 30, 2017 Mar 31, 2017
Net earnings (loss) 323 662 438 592 302 568 621 (83) 493 725 466 480 412 2,068 590 452 443 (249) 434 391 444
Depreciation 92 93 91 92 95 93 84 83 80 83 78 77 76 83 73 76 74 73 71 65 62
Amortization of intangible assets 150 145 144 149 181 130 114 110 118 112 116 122 114 93 112 110 102 96 92 95 88
Asset impairments 145 116 3 54 161 14 2
Share-based compensation 71 30 34 39 68 27 29 30 56 32 32 28 35 32 30 28 29 28 27 26 32
Recall charges 14 5 16 76 6 21 2 (6) 13 49 117 13 13 4 2 4 9 95 43 26
Sale of inventory stepped-up to fair value at acquisition 5 35 94 58 79 39 3 6 12 17 14 24 10 (5) 8 3 22
Deferred income tax expense (benefit) (237) 48 126 (1,582) 36
Accounts receivable 53 (232) (121) (89) 65 (113) (204) 467 204 (439) (52) (122) 50 (179) 4 (24) 139 (234) (25) (15) 112
Inventories (229) 42 (103) (55) (73) 181 27 (59) (122) 14 (129) (146) (139) 60 (151) (150) (144) 2 (130) (78) (114)
Accounts payable (52) 195 77 94 (37) 126 8 (97) 63 26 53 (4) (12) 59 (8) 32 33 23 10 (35) 23
Accrued expenses and other liabilities (348) 131 162 200 (178) 130 191 175 (550) 49 140 90 (166) 329 150 116 (306) 187 25 201 (323)
Recall-related payments (9) (41) (17) (155) (8) (4) (1) (8) (4) (5) (138) (14) (20) (1) (21) (40) (28) (34) (368) (30) (94)
Income taxes (3) 95 (95) (104) 6 (21) 44 (123) 84 (11) (8) (95) 9 75 (184) (95) 48 711 (31) 27 (3)
Other, net 136 (68) 97 (22) (54) (42) (86) (39) 169 (16) 3 (33) (83) (14) 24 134 (100) 9 (121) (40) (102)
Changes in operating assets and liabilities (452) 122 (131) (279) 257 (21) 316 (156) (382) (131) (324) (361) 329 (186) (27) (358) 664 (640) 30 (501)
Adjustments to reconcile net earnings (loss) to net cash provided by operating activities (120) 338 495 286 150 669 208 703 98 10 163 34 (99) (1,022) 28 197 (146) 928 (355) 259 (293)
Net cash provided by operating activities 203 1,000 933 878 452 1,237 829 620 591 735 629 514 313 1,046 618 649 297 679 79 650 151
Acquisitions, net of cash acquired (2,563) (113) (122) (77) (27) (4,196) (3) (23) (521) (21) (80) (180) (1,681) (3) (63) (704) (119) (674) (29) (9)
Purchases of marketable securities (9) (11) (7) (26) (5) (20) (11) (15) (8) (17) (20) (17) (20) (12) (69) (68) (77) (185) (19) (54) (12)
Proceeds from sales of marketable securities 11 12 15 16 12 17 13 19 12 17 18 15 19 221 56 64 53 31 20 22 14
Purchases of property, plant and equipment (119) (206) (130) (106) (83) (165) (69) (109) (144) (199) (163) (165) (122) (154) (140) (157) (121) (186) (142) (131) (139)
Other investing, net (2) 4 (3) (9) 7 12 (2) (9) 1 (2) (1)
Net cash used in investing activities (2,682) (314) (247) (202) (96) (4,352) (69) (117) (163) (719) (186) (247) (303) (1,628) (156) (224) (849) (460) (815) (192) (146)
Proceeds (payments) on short-term borrowings, net (170) (14) 14 (9) 2 (9) (5) 4 4 (13) 18 (12) 7 (1) (106) 99 (2) (143) (359) 304
Proceeds from issuance of long-term debt 1,500 5 999 2,293 2,642 2,531 595 1 498
Payments on long-term debt (401) (750) (1,797) (500) (1) (1,341) (69) (600)
Payments of dividends (262) (237) (238) (237) (238) (216) (216) (216) (215) (193) (195) (195) (195) (175) (176) (176) (176) (159) (159) (159) (159)
Repurchases of common stock (307) (300) (230)
Cash paid for taxes from withheld shares (72) (26) (14) (21) (53) (31) (11) (12) (56) (6) (19) (14) (97) (16) (8) (21) (75) (12) (10) (21) (52)
Payments to purchase noncontrolling interest (9) (5) (99)
Other financing, net (3) (11) (110) (8) (19) (3) (10) (13) (1) (79) 2 3 5 2 6 (5) 7 (1) (33) 1
Net cash provided by (used in) financing activities 993 (288) (348) (676) (1,053) (1,057) (242) 2,056 (768) 2,363 (225) (188) (1,947) 2,280 (179) (917) 145 (272) (345) (40) (137)
Effect of exchange rate changes on cash and cash equivalents (17) (16) 3 (8) 32 26 16 (33) 10 (24) 1 (5) (6) (46) 44 3 24 18 29
Change in cash and cash equivalents (1,486) 381 322 3 (705) (4,140) 544 2,575 (373) 2,389 194 80 (1,942) 1,698 277 (538) (363) (50) (1,057) 436 (103)

Based on: 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-30), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31), 10-K (reporting date: 2018-12-31), 10-Q (reporting date: 2018-09-30), 10-Q (reporting date: 2018-06-30), 10-Q (reporting date: 2018-03-31), 10-K (reporting date: 2017-12-31), 10-Q (reporting date: 2017-09-30), 10-Q (reporting date: 2017-06-30), 10-Q (reporting date: 2017-03-31).

Cash flow statement item Description The company
Net cash provided by operating activities Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities. Stryker Corp. net cash provided by operating activities increased from Q3 2021 to Q4 2021 but then decreased significantly from Q4 2021 to Q1 2022.
Net cash used in investing activities Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets. Stryker Corp. net cash used in investing activities decreased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.
Net cash provided by (used in) financing activities Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit. Stryker Corp. net cash provided by (used in) financing activities increased from Q3 2021 to Q4 2021 and from Q4 2021 to Q1 2022.