Cash Flow
In millions of USD (except for per share items)
| Year Ending Dec 2023 (Update) | Year Ending Dec 2022 (Update) | Year Ending Dec 2021 (Update) | Year Ending Dec 2020 (Update) | Year Ending Dec 2019 (Update) | |
|---|---|---|---|---|---|
| Net Income/Starting Line | 609.00 | 355.00 | 427.00 | 254.00 | 401.00 |
| Depreciation – Supplemental | 193.00 | 111.00 | 118.00 | 117.00 | 117.00 |
| Depreciation/Depletion | 193.00 | 111.00 | 118.00 | 117.00 | 117.00 |
| Amortization of Intangibles | 243.00 | 125.00 | 127.00 | 134.00 | 140.00 |
| Amortization | 243.00 | 125.00 | 127.00 | 134.00 | 140.00 |
| Deferred Taxes | -79.00 | -64.00 | 10.00 | -31.00 | -77.00 |
| Unusual Items | 47.00 | 157.00 | -20.00 | 97.00 | 181.00 |
| Other Non-Cash Items | 35.00 | 14.00 | 12.00 | 45.00 | 18.00 |
| Non-Cash Items | 82.00 | 171.00 | -8.00 | 142.00 | 199.00 |
| Accounts Receivable | -87.00 | -192.00 | -70.00 | 109.00 | -23.00 |
| Inventories | 41.00 | -147.00 | -167.00 | -5.00 | 47.00 |
| Accounts Payable | 22.00 | 117.00 | 81.00 | -39.00 | 29.00 |
| Accrued Expenses | -113.00 | 114.00 | -2.00 | 121.00 | 2.00 |
| Other Assets & Liabilities, Net | -74.00 | 6.00 | 22.00 | 22.00 | 4.00 |
| Changes in Working Capital | -211.00 | -102.00 | -136.00 | 208.00 | 59.00 |
| Cash from Operating Activities | 837.00 | 596.00 | 538.00 | 824.00 | 839.00 |
| Purchase of Fixed Assets | -271.00 | -208.00 | -208.00 | -183.00 | -226.00 |
| Capital Expenditures | -271.00 | -208.00 | -208.00 | -183.00 | -226.00 |
| Acquisition of Business | -476.00 | -- | -18.00 | ||
| Sale of Business | 105.00 | 1.00 | 10.00 | -- | |
| Sale of Fixed Assets | 1.00 | -- | |||
| Sale/Maturity of Investment | 1.00 | 8.00 | 3.00 | 200.00 | 11.00 |
| Purchase of Investments | -58.00 | -11.00 | -- | -200.00 | -7.00 |
| Other Investing Cash Flow | 70.00 | 19.00 | 12.00 | 14.00 | 9.00 |
| Other Investing Cash Flow Items, Total | -357.00 | 17.00 | 25.00 | 14.00 | -5.00 |
| Cash from Investing Activities | -628.00 | -191.00 | -183.00 | -169.00 | -231.00 |
| Other Financing Cash Flow | -13.00 | -2.00 | -3.00 | -2.00 | -3.00 |
| Financing Cash Flow Items | -13.00 | -2.00 | -3.00 | -2.00 | -3.00 |
| Cash Dividends Paid - Common | -299.00 | -217.00 | -203.00 | -188.00 | -174.00 |
| Total Cash Dividends Paid | -299.00 | -217.00 | -203.00 | -188.00 | -174.00 |
| Repurchase/Retirement of Common | -25.00 | -52.00 | -68.00 | -61.00 | -40.00 |
| Common Stock, Net | -25.00 | -52.00 | -68.00 | -61.00 | -40.00 |
| Options Exercised | 62.00 | 8.00 | 19.00 | 20.00 | 13.00 |
| Issuance (Retirement) of Stock, Net | 37.00 | -44.00 | -49.00 | -41.00 | -27.00 |
| Short Term Debt Issued | |||||
| Short Term Debt Reduction | -- | -- | -640.00 | -254.00 | |
| Short Term Debt, Net | -- | -- | -640.00 | -254.00 | |
| Long Term Debt Issued | 278.00 | -- | -- | 985.00 | -- |
| Long Term Debt Reduction | -160.00 | -527.00 | -600.00 | -- | |
| Long Term Debt, Net | 118.00 | -527.00 | -600.00 | 985.00 | -- |
| Total Debt Issued | -- | -- | 359.00 | 281.00 | |
| Issuance (Retirement) of Debt, Net | 118.00 | -527.00 | -600.00 | 704.00 | 27.00 |
| Cash from Financing Activities | -157.00 | -790.00 | -855.00 | 473.00 | -177.00 |
| Foreign Exchange Effects | 23.00 | -20.00 | -26.00 | 23.00 | -3.00 |
| Net Change in Cash | 75.00 | -405.00 | -526.00 | 1.15M | 428.00 |
| Net Cash - Beginning Balance | 944.00 | 1.35M | 1.88M | 724.00 | 296.00 |
| Net Cash - Ending Balance | 1.02M | 944.00 | 1.35M | 1.88M | 724.00 |
| Cash Interest Paid | 69.00 | 76.00 | 99.00 | 77.00 | 77.00 |
| Cash Taxes Paid | 211.00 | 91.00 | 83.00 | 41.00 | 107.00 |
Source: LSEG