Analog devices, inc. (ADI)
CashFlow / Yearly
Nov'19Nov'18Oct'17Oct'16Oct'15Oct'14Oct'13Oct'12Oct'11Oct'10Oct'09Oct'08Oct'07
Cash flows from operating activities:
Net income

1,363,011

1,506,980

805,379

861,664

696,878

629,320

673,487

651,236

867,394

712,084

247,772

786,284

496,907

Adjustments to reconcile net income to net cash provided by operations:
Depreciation

240,700

228,500

194,700

134,540

130,147

114,064

110,196

109,705

116,873

116,083

132,493

144,222

142,173

Amortization of intangibles

570,600

570,500

389,400

75,250

92,093

27,906

220

128

1,346

4,828

7,377

9,250

12,610

Cost of goods sold for inventory acquired

0

0

358,718

0

0

-

-

-

-

-

-

-

-

Stock-based compensation expense

150,300

151,165

104,188

63,421

68,919

50,812

56,886

53,500

52,358

51,752

48,613

50,247

72,652

Non-cash portion of special charges

14,167

0

0

-

-

-

-

219

0

487

15,468

-

438

Net Gain on Sale of Product line

-

-

-

-

-

-

85,444

0

0

-

-

-

-

Gain on sale of business

-

-

-

-

-

-

-

0

6,500

859

-

248,328

0

Gain on sale of investments

-

-

-

-

-

-

-

1,231

0

0

-

-

7,919

Loss on extinguishment of debt

-

-

-

-3,290

0

0

-10,205

0

0

-

-

-

-

Deferred income taxes

-91,253

-730,376

-810,398

8,124

-52,214

-77,711

-17,699

-9,801

1,704

-9,866

11,595

-11,369

-2,850

Minority interest

-

-

-

-

-

-

-

-

-

-

-

-

-219

Other non-cash activity

-40,907

-36,569

10,865

-24,570

-6,974

-4,423

185

-3,187

833

1,662

1,663

310

853

Excess tax benefit equity based awards

-

-

-

-

25,045

22,231

16,171

12,230

44,936

317

20

18,586

40,871

Accounts receivable

-5,890

-45,979

65,669

9,392

71,198

36,460

-12,377

-5,774

-40,025

82,380

-16,561

-48,903

27,011

Inventories

42,771

34,636

47,354

-38,221

35,557

-24,642

-28,527

18,592

17,603

24,274

-67,347

-16,784

-16,549

Prepaid expenses and other current assets

9,475

1,721

1,875

5,618

-2,861

5,354

-4,660

-8,471

-822

4,002

-731

-6,557

-34,890

Deferred compensation plan investments

7,301

7,484

7,358

2,399

2,643

3,746

-11,116

2,070

17,720

747

-24,097

-4,401

4,755

Prepaid income tax

2,322

-133

-2,679

4,315

-4,546

-10,499

-6,124

-13,319

16,681

0

-

-

-

Accounts payable and accrued liabilities

-6,371

-18,397

85,987

85,502

56,614

58,373

17,487

60

-90,323

190,043

-100,064

-60,736

53,693

Deferred compensation plan liability

7,308

7,484

7,358

2,399

2,643

3,746

-11,116

2,052

17,738

750

-24,801

-3,811

4,811

Income taxes payable, current

74,993

-8,506

132,289

-

-

-

-

-

-

-

-

-

-

Income tax payments related to gain on sale of businesses

-

-

-

-

-

-

-

-

-

-

-4,105

110,401

0

Income taxes payable

-

-

-

9,950

25,060

96,536

50,705

25,930

893

61,984

-24,909

41,443

53,119

Other liabilities

-55,234

696,108

17,227

6,141

7,720

-3,217

60,970

-8,741

-5,694

-26,053

12,330

14,198

15,295

Total adjustments

890,089

935,381

348,986

429,684

210,920

242,282

238,858

163,306

33,135

279,091

184,376

-116,916

323,458

Net cash provided by operating activities

2,253,100

2,442,361

1,154,365

1,291,348

907,798

871,602

912,345

814,542

900,529

991,175

432,148

669,368

820,365

Cash flows from investing activities:
Purchases of short-term available-for-sale investments

0

0

705,485

7,697,260

6,083,999

7,485,162

8,540,335

8,165,043

4,289,304

3,478,025

2,812,094

1,925,654

1,807,476

Maturities of short-term available-for-sale investments

0

0

3,362,792

6,375,361

4,984,980

7,318,877

6,970,885

6,543,795

3,436,284

2,801,727

2,274,254

1,768,948

2,943,468

Sales of short-term available-for-sale investments

0

0

577,187

332,716

1,251,194

2,187,389

650,730

437,748

282,861

234,718

74,880

99,734

-

Additions to property, plant and equipment

275,372

254,876

204,098

127,397

153,960

177,913

123,074

132,176

122,996

111,557

56,095

157,408

141,810

Net proceeds related to sale of businesses

-

-

-

-

-

-

-

0

-10,000

-63,036

1,653

-403,181

0

Proceeds related to sale of investments

-

-

-

-

-

-

-

1,506

0

0

-

-

8,003

Proceeds from Divestiture of Businesses

-

-

-

-

-

-

100,000

0

0

-

-

-

-

Payments for acquisitions, net of cash acquired

11,170

52,839

9,632,568

83,170

7,065

1,945,887

2,475

24,158

13,988

0

8,360

3,146

9,160

Changes in other assets

6,644

6,283

15,842

18,520

8,275

12,055

5,657

1,362

6,595

-4,276

5,661

-2,708

8,438

Net cash used for investing activities

-293,186

-313,998

-6,618,014

-1,218,270

-17,125

-114,751

-949,926

-1,339,690

-703,738

-485,825

-534,729

188,363

984,587

Cash flows from financing activities:
Proceeds from debt

1,250,000

743,778

11,156,164

1,235,331

0

1,995,398

493,880

0

515,507

0

370,350

-

-

Early termination of swap agreements

-

-

-

-

-

-

-

18,520

0

0

-

-

-

Proceeds from revolver

75,000

0

0

-

-

-

-

-

-

-

-

-

-

Payments on revolver

75,000

0

0

-

-

-

-

-

-

-

-

-

-

Early termination of debt

1,250,000

0

0

378,156

0

0

-392,790

0

0

0

-

-

-

Debt repayments

850,000

2,275,000

5,050,000

0

0

-

-

-

-

-

-

-

-

Proceeds from derivative instruments

0

0

3,904

33,430

0

0

10,952

0

0

-

-

-

-

Payments of deferred financing fees

0

0

5,625

26,583

0

0

-

-

-

-

-

-

-

Term Loan Repayments

-

-

-

-

-

1,995,398

60,108

-56,500

-28,392

-

-

-

-

Proceeds from issuance of long-term debt

-

-

-

-

-

-

-

-

-

-

-

-

0

Dividend payments to shareholders

777,481

703,307

602,119

513,180

491,059

454,225

405,955

344,701

281,626

249,964

232,988

222,530

228,281

Repurchase of common stock

613,005

225,977

46,533

370,061

226,953

356,346

60,529

161,046

330,489

39,848

3,762

569,853

1,647,212

Proceeds from employee stock plans

116,523

99,027

133,302

61,496

122,631

200,114

306,277

191,730

217,397

216,147

12,377

94,155

109,149

Contingent consideration payment

-

-

-

1,409

1,767

3,576

5,665

1,991

0

0

-

-

-

Changes in other financing activities

-2,831

3,437

-2,288

-7,378

500

15,192

-2,790

-7,869

1,279

710

-

-366

0

Excess tax benefit equity based awards

-

-

-

-

25,045

22,231

16,171

12,230

44,936

317

20

18,586

40,871

Net cash used for financing activities

-2,126,794

-2,358,042

5,586,805

-33,370

-571,603

-576,610

-100,557

-349,627

138,612

-72,638

145,997

-680,008

-1,725,473

Effect of exchange rate changes on cash

-1,389

-1,568

3,550

-2,929

-3,950

-3,097

1,394

-1,492

-303

-2,441

2,714

-9,096

1,546

Net increase (decrease) in cash and cash equivalents

-168,269

-231,247

126,706

36,779

315,120

177,144

-136,744

-876,267

335,100

430,271

46,130

168,627

81,025