Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Cash Flows

v2.4.1.9
Consolidated Statements of Cash Flows(USD ($))
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 308.7us-gaap_NetIncomeLoss $ 527.5us-gaap_NetIncomeLoss $ 464.0us-gaap_NetIncomeLoss
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 93.2us-gaap_DepreciationAndAmortization 84.7us-gaap_DepreciationAndAmortization 74.4us-gaap_DepreciationAndAmortization
Excess tax benefits from share-based payment arrangements (10.4)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (15.6)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities (29.7)us-gaap_ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
Share based compensation expenses 45.7us-gaap_ShareBasedCompensation 29.5us-gaap_ShareBasedCompensation 27.9us-gaap_ShareBasedCompensation
Non-cash interest expense 43.5us-gaap_AmortizationOfFinancingCostsAndDiscounts 2.6us-gaap_AmortizationOfFinancingCostsAndDiscounts 1.8us-gaap_AmortizationOfFinancingCostsAndDiscounts
Deferred income taxes (84.8)us-gaap_DeferredIncomeTaxExpenseBenefit (24.9)us-gaap_DeferredIncomeTaxExpenseBenefit (7.8)us-gaap_DeferredIncomeTaxExpenseBenefit
Inventory write-downs 24.5us-gaap_InventoryWriteDown 29.8us-gaap_InventoryWriteDown 11.4us-gaap_InventoryWriteDown
Unrealized foreign exchange transaction (gain) loss (6.2)us-gaap_ForeignCurrencyTransactionGainLossUnrealized 5.8us-gaap_ForeignCurrencyTransactionGainLossUnrealized 2.1us-gaap_ForeignCurrencyTransactionGainLossUnrealized
Foreign exchange loss from Venezuela currency devaluation 200.3hlf_ForeignExchangeLossFromForeignCountryCurrencyDevaluation 15.1hlf_ForeignExchangeLossFromForeignCountryCurrencyDevaluation  
Impairments and write-downs relating to Venezuela currency devaluation 27.5us-gaap_AssetImpairmentCharges    
Other 6.1us-gaap_OtherNoncashIncomeExpense 0.6us-gaap_OtherNoncashIncomeExpense 0.7us-gaap_OtherNoncashIncomeExpense
Changes in operating assets and liabilities:      
Receivables 6.0us-gaap_IncreaseDecreaseInReceivables 9.2us-gaap_IncreaseDecreaseInReceivables (28.2)us-gaap_IncreaseDecreaseInReceivables
Inventories (99.4)us-gaap_IncreaseDecreaseInInventories (54.8)us-gaap_IncreaseDecreaseInInventories (93.6)us-gaap_IncreaseDecreaseInInventories
Prepaid expenses and other current assets (34.9)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets (9.4)us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 0.2us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Other assets (36.7)us-gaap_IncreaseDecreaseInOtherOperatingAssets (9.4)us-gaap_IncreaseDecreaseInOtherOperatingAssets (5.3)us-gaap_IncreaseDecreaseInOtherOperatingAssets
Accounts payable (5.2)us-gaap_IncreaseDecreaseInAccountsPayable 10.8us-gaap_IncreaseDecreaseInAccountsPayable 17.0us-gaap_IncreaseDecreaseInAccountsPayable
Royalty overrides 6.7hlf_RoyaltyOverridesIncreaseDecrease 28.8hlf_RoyaltyOverridesIncreaseDecrease 41.9hlf_RoyaltyOverridesIncreaseDecrease
Accrued expenses and accrued compensation (11.5)hlf_IncreaseDecreaseInAccruedExpensesAndAccruedCompensation 86.0hlf_IncreaseDecreaseInAccruedExpensesAndAccruedCompensation 39.4hlf_IncreaseDecreaseInAccruedExpensesAndAccruedCompensation
Advance sales deposits 10.4us-gaap_IncreaseDecreaseInCustomerAdvances 22.0us-gaap_IncreaseDecreaseInCustomerAdvances 17.8us-gaap_IncreaseDecreaseInCustomerAdvances
Income taxes 22.2us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 26.8us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable 28.0us-gaap_IncreaseDecreaseInAccruedIncomeTaxesPayable
Deferred compensation plan liability 5.7us-gaap_IncreaseDecreaseInDeferredCompensation 7.8us-gaap_IncreaseDecreaseInDeferredCompensation 5.8us-gaap_IncreaseDecreaseInDeferredCompensation
NET CASH PROVIDED BY OPERATING ACTIVITIES 511.4us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 772.9us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations 567.8us-gaap_NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
CASH FLOWS FROM INVESTING ACTIVITIES      
Purchases of property, plant and equipment (173.7)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (146.9)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment (121.5)us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
Proceeds from sale of property, plant and equipment   0.2us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 0.3us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Investments in Venezuelan bonds (12.6)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt (4.1)us-gaap_PaymentsToAcquireAvailableForSaleSecuritiesDebt  
Deferred compensation plan assets     (3.8)us-gaap_PaymentsToAcquireRestrictedInvestments
Deposit in escrow (15.0)us-gaap_PaymentsToAcquireOtherProductiveAssets    
NET CASH USED IN INVESTING ACTIVITIES (201.3)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (150.8)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations (125.0)us-gaap_NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
CASH FLOWS FROM FINANCING ACTIVITIES      
Dividends paid (30.4)us-gaap_PaymentsOfDividendsCommonStock (123.1)us-gaap_PaymentsOfDividendsCommonStock (135.1)us-gaap_PaymentsOfDividendsCommonStock
Dividends received 3.4hlf_ProceedsFromDividendsReceivedRelatedToForwardTransactions    
Payments for Capped Call Transactions (123.8)us-gaap_PaymentsForDerivativeInstrumentFinancingActivities    
Borrowings from senior secured credit facility and other debt 50.0us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt 763.1us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt 1,430.6us-gaap_ProceedsFromIssuanceOfSeniorLongTermDebt
Proceeds from senior convertible notes 1,150.0us-gaap_ProceedsFromConvertibleDebt    
Principal payments on senior secured credit facility and other debt (131.3)us-gaap_RepaymentsOfSeniorDebt (319.4)us-gaap_RepaymentsOfSeniorDebt (1,146.5)us-gaap_RepaymentsOfSeniorDebt
Issuance costs relating to long-term debt and senior convertible notes (28.9)us-gaap_PaymentsOfFinancingCosts   (4.5)us-gaap_PaymentsOfFinancingCosts
Share repurchases (1,291.9)us-gaap_PaymentsForRepurchaseOfCommonStock (306.5)us-gaap_PaymentsForRepurchaseOfCommonStock (556.8)us-gaap_PaymentsForRepurchaseOfCommonStock
Excess tax benefits from share-based payment arrangements 10.4us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 15.6us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 29.7us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Proceeds from exercise of stock options and sale of stock under employee stock purchase plan 3.0us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 1.0us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions 11.4us-gaap_ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES (389.5)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations 30.7us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations (371.2)us-gaap_NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
EFFECT OF EXCHANGE RATE CHANGES ON CASH (248.2)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (13.3)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents 3.1us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
NET CHANGE IN CASH AND CASH EQUIVALENTS (327.6)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 639.5us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 74.7us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 973.0us-gaap_CashAndCashEquivalentsAtCarryingValue 333.5us-gaap_CashAndCashEquivalentsAtCarryingValue 258.8us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH AND CASH EQUIVALENTS, END OF YEAR 645.4us-gaap_CashAndCashEquivalentsAtCarryingValue 973.0us-gaap_CashAndCashEquivalentsAtCarryingValue 333.5us-gaap_CashAndCashEquivalentsAtCarryingValue
CASH PAID DURING THE YEAR      
Interest paid 39.2us-gaap_InterestPaid 23.0us-gaap_InterestPaid 14.3us-gaap_InterestPaid
Income taxes paid 180.8us-gaap_IncomeTaxesPaid 197.1us-gaap_IncomeTaxesPaid 169.7us-gaap_IncomeTaxesPaid
NON CASH INVESTING ACTIVITIES      
Accrued capital expenditures 12.3us-gaap_CapitalExpendituresIncurredButNotYetPaid 29.6us-gaap_CapitalExpendituresIncurredButNotYetPaid 15.3us-gaap_CapitalExpendituresIncurredButNotYetPaid
NON CASH FINANCING ACTIVITIES      
Forward Transaction non-cash issuance costs $ 35.8hlf_NoncashForwardTransactionIssuanceCosts