Cash Flow
| Year Ending Dec 2023 (Update) | Year Ending Dec 2022 (Update) | Year Ending Dec 2021 (Update) | Year Ending Dec 2020 (Update) | |
|---|---|---|---|---|
| Net Income/Starting Line | 634.14 | 703.70 | 498.74 | 323.17 |
| Depreciation – Supplemental | 35.09 | 31.68 | 28.13 | 25.91 |
| Depreciation/Depletion | 35.09 | 31.68 | 28.13 | 25.91 |
| Deferred Taxes | -7.18 | 13.47 | 5.94 | 0.04 |
| Unusual Items | -0.14 | -1.62 | 0.35 | 0.02 |
| Equity in Net Earnings (Loss) | -26.18 | -22.67 | -19.30 | -11.26 |
| Other Non-Cash Items | 46.02 | 44.11 | 37.41 | 29.36 |
| Non-Cash Items | 19.70 | 19.81 | 18.46 | 18.11 |
| Accounts Receivable | -36.04 | -60.15 | -130.41 | -3.56 |
| Inventories | 64.62 | -259.86 | -243.66 | 139.93 |
| Accounts Payable | -162.04 | 121.99 | 182.82 | 33.94 |
| Other Assets & Liabilities, Net | 13.66 | 1.33 | -10.44 | -3.16 |
| Changes in Working Capital | -119.80 | -196.69 | -201.69 | 167.15 |
| Cash from Operating Activities | 561.95 | 571.96 | 349.57 | 534.38 |
| Purchase of Fixed Assets | -35.48 | -35.65 | -25.46 | -16.44 |
| Capital Expenditures | -35.48 | -35.65 | -25.46 | -16.44 |
| Acquisition of Business | -3.82 | -0.05 | -129.46 | -- |
| Sale of Fixed Assets | 1.31 | 1.86 | 1.36 | 0.09 |
| Sale/Maturity of Investment | -- | -- | 5.99 | -- |
| Investment, Net | -0.50 | -- | -1.00 | |
| Purchase of Investments | -2.85 | |||
| Other Investing Cash Flow Items, Total | -5.87 | 1.82 | -123.11 | 0.09 |
| Cash from Investing Activities | -41.34 | -33.84 | -148.58 | -16.34 |
| Other Financing Cash Flow | -75.85 | -156.29 | -42.03 | -44.70 |
| Financing Cash Flow Items | -75.85 | -156.29 | -42.03 | -44.70 |
| Cash Dividends Paid - Common | -382.65 | -332.45 | -294.52 | -265.71 |
| Total Cash Dividends Paid | -382.65 | -332.45 | -294.52 | -265.71 |
| Sale/Issuance of Common | 44.31 | 20.42 | 21.01 | 19.26 |
| Common Stock, Net | 44.31 | 20.42 | 21.01 | 19.26 |
| Issuance (Retirement) of Stock, Net | 44.31 | 20.42 | 21.01 | 19.26 |
| Long Term Debt Issued | 15.40 | |||
| Long Term Debt Reduction | -0.84 | -- | -0.02 | -0.20 |
| Long Term Debt, Net | -45.89 | -35.64 | 86.94 | -157.34 |
| Issuance (Retirement) of Debt, Net | -45.89 | -35.64 | 86.94 | -157.34 |
| Cash from Financing Activities | -460.08 | -503.96 | -228.60 | -448.49 |
| Foreign Exchange Effects | 2.07 | -4.93 | -0.19 | 2.07 |
| Net Change in Cash | 62.61 | 29.24 | -27.80 | 71.61 |
| Net Cash - Beginning Balance | 147.51 | 118.27 | 146.07 | 74.45 |
| Net Cash - Ending Balance | 210.11 | 147.51 | 118.27 | 146.07 |
| Cash Interest Paid | 10.12 | 3.51 | 0.91 | 1.84 |
| Cash Taxes Paid | 188.44 | 105.74 | 124.98 | 70.89 |
In millions of USD (except for per share items)
Source: LSEG
