v3.25.1
Condensed Consolidated Statements Of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Cash flows from operating activities:    
Net (loss) earnings attributable to Viatris Inc. common shareholders $ (3,042.0) $ 113.9
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:    
Depreciation and amortization 664.7 691.0
Share-based compensation expense 55.2 46.7
Deferred income tax benefit (43.6) (51.9)
Loss (gain) on disposal of business 36.9 (70.4)
Acquired IPR&D 15.0 (5.2)
Impairment of goodwill 2,936.8 0.0
Other non-cash items 203.8 (3.0)
Litigation settlements and other contingencies, net (69.4) 80.3
Changes in operating assets and liabilities:    
Accounts receivable 168.0 9.8
Inventories (193.7) (370.4)
Accounts payable 101.6 287.9
Income taxes (120.6) (2.3)
Other operating assets and liabilities, net (177.2) (111.8)
Net cash provided by operating activities 535.5 614.6
Cash flows from investing activities:    
Cash paid for acquisitions, net of cash acquired 0.0 (350.0)
Capital expenditures (42.6) (49.8)
Purchase of marketable securities (4.6) (7.7)
Proceeds from the sale of marketable securities 4.6 7.7
Payments for product rights and other, net (18.8) (1.0)
(Purchases) refunds of IPR&D (15.0) 5.2
Proceeds from sale of assets and subsidiaries 0.0 240.6
Proceeds from the sale of property, plant and equipment 11.3 0.7
Net cash used in investing activities (65.1) (154.3)
Cash flows from financing activities:    
Purchase of common stock (175.4) (250.0)
Change in short-term borrowings, net 1.4 0.0
Taxes paid related to net share settlement of equity awards (29.3) (28.7)
Contingent consideration payments (11.4) (10.9)
Cash dividends paid (143.3) (142.8)
Issuance of common stock 0.6 0.6
Other items, net (109.6) 6.2
Net cash used in financing activities (467.0) (425.6)
Effect on cash of changes in exchange rates 16.8 (12.4)
Net increase in cash, cash equivalents and restricted cash 20.2 22.3
Cash, cash equivalents and restricted cash — beginning of period 736.1 993.6
Cash, cash equivalents and restricted cash — end of period $ 756.3 $ 1,015.9