AGCO CORP /DE AGCO Cash Flow

Agco corp /de (AGCO)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash flows from operating activities:
Net income
66,300	-89,600	6,300	140,400	65,700	97,600	70,700	90,400	25,000	45,100	60,800	91,600	-8,200	61,200	39,400	49,400	10,200	61,300	67,200	105,600	29,900	76,500	62,500	166,000	99,200	136,900	125,200	213,100	117,100	101,000	92,100	202,100	121,200	285,300	84,500	133,900	81,600	85,200	62,200	62,800	10,000
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation
51,600	51,700	52,100	54,100	53,000	55,100	55,000	55,900	59,200	57,600	56,300	54,600	54,300	56,400	55,100	56,400	55,500	55,400	53,800	54,100	54,100	59,000	61,100	59,900	59,400	57,800	52,400	51,000	50,400	55,200	39,700	42,300	43,400	41,700	36,600	37,200	36,400	38,200	32,900	31,800	33,000
Amortization of intangibles
15,000	15,500	14,900	15,400	15,300	15,500	15,300	18,200	15,700	15,500	14,300	13,800	13,400	15,900	12,900	11,400	11,000	10,500	10,800	10,900	10,500	10,600	10,400	10,000	10,000	11,900	11,800	12,100	12,000	12,400	12,200	12,500	12,200	7,500	4,800	4,900	4,400	4,600	5,000	4,300	4,500
Deferred debt issuance cost amortization
-	-	-	-	-	-	-	-	-	-	-	-	200	-	100	300	400	400	400	800	400	500	400	1,100	700	900	800	900	900	900	900	800	900	600	400	1,500	400	800	700	700	700
Amortization of debt discount
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,300	2,300	2,300	2,300	2,200	2,200	2,100	2,200	2,100	2,000	2,100	2,000	3,600	3,700	4,000	4,000
Stock compensation expense
2,600	8,400	8,100	12,300	12,500	13,300	10,500	13,300	9,200	6,900	8,700	10,600	12,000	-1,200	7,900	5,900	5,500	1,600	3,500	4,700	2,400	200	-22,800	5,400	6,400	700	5,800	19,600	8,500	8,000	9,600	10,800	8,400	6,500	6,500	6,700	4,700	4,900	3,300	3,200	2,000
Equity in net earnings of affiliates, net of cash received
11,200	-26,300	9,500	6,700	10,100	-18,600	8,400	9,100	4,300	-56,600	9,800	-700	6,300	-11,900	4,200	800	8,300	-9,000	5,100	10,400	12,500	-3,200	9,000	6,900	12,700	-3,500	10,300	7,000	5,200	-1,700	8,900	9,500	9,000	-2,700	4,300	9,700	7,700	-10,500	6,400	10,400	8,500
Deferred income tax provision (benefit)
3,800	-28,000	29,900	21,800	-8,600	3,000	-3,400	-7,300	-7,000	-14,800	100	2,100	-1,500	-11,500	-1,000	23,300	-8,700	-15,500	-8,300	-200	-2,800	1,900	-6,900	3,900	4,700	-6,400	400	13,800	13,900	-35,000	-3,800	3,500	-1,100	-124,300	-4,300	1,600	-600	16,900	-8,200	-200	-5,600
Other
-4,100	-5,000	1,100	-2,200	-800	-4,800	3,500	-1,200	-100	-700	-500	-2,000	200	-2,400	-200	200	100	-100	0	100	100	-200	-200	-1,800	-300	-100	-100	-100	0	-600	-200	100	100	-100	-100	300	1,200	-200	0	0	100
Gain on remeasurement of previously held equity interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Changes in operating assets and liabilities:
Accounts and notes receivable, net
109,600	-148,900	-58,400	77,800	65,700	-123,100	-23,200	89,200	-6,200	-46,500	-13,100	77,100	17,200	-127,700	71,100	3,900	57,200	-79,800	-71,400	-20,500	167,900	-47,500	-120,000	17,400	254,000	-209,300	-144,300	169,700	220,100	-172,800	-116,000	149,900	98,300	44,500	-92,500	25,100	17,500	12,100	-40,700	-11,100	29,800
Inventories, net
252,100	-287,100	-10,300	95,100	418,600	-183,700	1,700	-1,900	398,200	-228,900	108,400	82,100	234,400	-218,200	-12,000	48,400	214,900	-257,800	-30,700	-68,900	239,800	-534,100	4,600	-6,200	424,300	-151,000	103,200	78,100	326,600	-320,600	-26,600	86,900	421,200	-112,600	64,300	51,100	218,200	-216,600	50,100	48,200	178,900
Other current and noncurrent assets
65,400	-32,600	28,800	13,300	4,900	18,300	20,000	11,100	36,200	-55,800	44,000	5,100	43,300	41,500	22,900	-32,600	66,900	-30,200	46,400	-13,300	46,400	-29,900	-36,400	12,100	25,100	-29,800	25,700	-47,900	45,000	33,700	2,700	10,900	24,500	1,000	-10,800	-1,900	28,200	61,900	28,900	26,600	6,500
Accounts payable
-32,700	39,800	-87,200	-44,400	127,500	-5,900	-26,300	-58,500	66,400	23,500	-20,600	56,900	63,700	73,800	-91,600	72,300	8,300	-21,000	-91,200	-24,500	174,000	-144,700	-87,300	-57,500	70,100	-40,600	-119,600	50,600	164,300	27,100	-180,500	-33,600	125,300	105,400	-17,500	54,100	20,300	24,300	-58,200	67,400	37,100
Accrued expenses
-206,700	90,800	22,100	109,300	-107,700	105,400	49,200	115,100	-108,400	81,100	58,000	88,300	-78,400	51,800	-5,100	80,400	-80,100	200	-17,600	72,500	-89,900	25,700	-105,500	55,100	-46,500	25,400	-9,400	147,400	-40,000	58,900	53,400	101,600	-59,400	94,700	19,000	90,800	-21,000	86,200	-5,900	109,300	-74,700
Other current and noncurrent liabilities
99,000	11,000	57,200	-1,200	10,900	-4,800	24,000	36,200	11,000	3,400	8,200	28,900	-5,500	-67,400	5,500	-2,400	-2,900	-17,800	-25,000	-2,100	2,100	9,100	-16,000	41,300	800	45,400	29,100	22,300	6,200	-15,500	-2,000	7,500	19,500	-34,000	2,200	20,400	-22,800	16,600	-200	6,600	10,500
Total adjustments
-501,600	865,700	126,400	-23,400	-395,600	502,300	113,900	82,300	-386,300	561,700	-23,600	93,400	-243,200	435,700	-102,200	234,200	-358,400	390,700	-23,000	208,400	-315,900	577,200	-23,600	90,800	-610,200	491,100	-21,200	113,200	-378,400	598,600	62,900	-109,800	-401,700	170,100	84,500	135,000	-249,000	349,400	-71,600	153,000	-212,300
Net cash used in operating activities
-435,300	776,100	132,700	117,000	-329,900	599,900	184,600	172,700	-361,300	606,800	37,200	185,000	-251,400	496,900	-62,800	283,600	-348,200	452,000	44,200	314,000	-286,000	653,700	38,900	256,800	-511,000	628,000	104,000	326,300	-261,300	699,600	155,000	92,300	-280,500	455,400	169,000	268,900	-167,400	434,600	-9,400	215,800	-202,300
Cash flows from investing activities:
Purchases of property, plant and equipment
60,600	85,300	73,200	54,000	60,900	64,800	48,700	43,700	46,100	64,500	47,100	35,200	57,100	68,200	60,800	36,300	35,700	64,300	45,800	38,400	62,900	72,200	73,800	54,300	101,200	128,000	89,600	80,200	94,000	105,300	84,100	64,000	87,100	113,200	74,800	75,600	36,800	84,300	37,500	21,200	24,100
Proceeds from sale of property, plant and equipment
400	4,000	800	100	0	600	300	800	1,500	800	1,700	800	800	1,100	400	400	500	300	400	400	400	600	700	200	1,300	-300	700	600	1,600	300	400	100	100	600	100	300	500	400	200	200	100
Purchase of businesses, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	200	344,800	0	38,800	0	6,800	18,600	0	-	-	-	-	9,400	0	0	100	500	0	0	2,400	929,700	0	0	88,300	-	-	-	0
Investment in consolidated affiliates, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	11,800	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,400	-	-	-	0
Investments in consolidated affiliates, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	20,100	9,800	0	0	25,000	-	-	-	0
Investments in unconsolidated affiliates
2,500	3,100	0	0	0	-	-	-	-	0	0	0	800	2,800	1,700	0	0	-1,400	0	0	5,200	3,900	0	0	0	-	-	-	-	4,500	3,400	5,300	2,600	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	0	0	0	-400	0	0	0	0	0	0	-700	300	1,300	400	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,700	1,000	8,000	-10,000	-3,700	0	0	0	-	-	-	-
Net cash used in investing activities
-62,700	-84,400	-72,400	-53,900	-60,900	-64,200	-48,400	-48,700	-44,200	-168,400	-233,800	-34,400	-57,100	-70,100	-406,900	-35,200	-86,100	-63,900	-52,600	-56,600	-67,700	-75,400	-203,400	-54,200	-99,900	-147,800	-88,800	-79,600	-92,500	-105,300	-86,100	-61,200	-122,100	-1,055,800	-77,000	-78,900	-152,000	-190,800	-37,300	-21,000	-24,000
Cash flows from financing activities:
Proceeds from indebtedness
710,100	84,400	376,800	481,700	1,139,800	1,995,000	706,800	1,226,100	1,329,600	761,000	786,300	909,500	1,057,100	882,700	903,300	656,400	675,500	1,489,600	29,400	-12,900	445,800	-	-	-	-	-	-	-	-	-	-132,300	-50,900	93,700	-	-65,600	49,200	-30,900	-	-61,500	-12,400	-2,100
Proceeds from debt obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	398,700	-55,000	106,900	1,131,800	-87,600	-73,200	164,900	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of indebtedness
150,300	590,600	381,500	502,300	716,700	2,387,500	756,800	1,361,200	928,100	1,137,200	590,700	1,031,500	880,300	1,103,500	401,100	759,800	358,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases and retirement of common stock
55,000	30,000	30,000	40,000	30,000	100,000	50,000	27,200	7,100	0	0	0	0	42,500	50,000	60,000	60,000	100,000	62,500	62,500	62,500	158,800	50,900	0	290,000	0	0	0	1,000	8,100	9,500	0	0	-	-	-	-	-	-	-	-
Repurchase or conversion of convertible senior subordinated notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	151,500	100	49,600	0	0	0	0	-	-	-	-	0	100,300	300	60,400	-	-	-	0
Payment of dividends to stockholders
12,100	12,100	12,200	12,200	11,500	11,500	11,800	11,900	11,900	11,100	11,200	11,100	11,100	10,400	10,500	10,800	10,800	10,300	10,400	10,600	10,700	9,900	10,300	10,300	10,300	9,800	9,700	9,700	9,700	0	0	0	0	-	-	-	-	-	-	-	-
Payment of minimum tax withholdings on stock compensation
16,000	600	800	3,700	23,000	300	200	300	3,200	200	2,700	800	3,200	100	100	1,000	800	100	200	300	5,700	1,300	0	2,700	9,200	700	400	4,200	11,700	100	200	0	0	0	0	500	2,000	200	100	2,200	8,800
Payment of debt issuance costs
0	0	0	0	500	1,100	1,600	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	0	0	100	14,800	0	0	0	-	-	-	-
Investment by noncontrolling interests
0	400	200	400	600	100	800	0	0	0	300	0	200	400	0	0	0	-	-	-	-	-	-	-	-	-500	-500	-1,000	-1,100	-400	-300	-100	-200	-500	-500	-500	0	-	-	-	-
Net cash provided by financing activities
476,700	-548,500	-47,500	-76,100	358,700	-505,300	-112,800	-174,500	379,300	-387,500	182,000	-133,900	162,700	-275,400	441,600	-175,700	245,900	-389,600	-43,700	-87,000	366,900	-520,300	181,900	-71,400	-252,200	-61,900	-98,200	-88,100	141,400	-141,700	-142,300	-51,000	93,400	882,600	-166,300	48,000	-93,300	35,600	-119,600	-14,500	-10,900
Effects of exchange rate changes on cash, cash equivalents and restricted cash
-24,800	7,600	-10,700	100	-1,200	3,000	-11,300	-17,100	6,700	4,100	9,500	11,200	6,000	-19,500	1,200	4,100	9,600	2,800	-20,700	-11,100	-38,000	-15,200	-19,800	-1,800	9,800	8,400	22,900	-29,700	-17,200	6,800	1,900	-13,400	11,500	-13,000	-43,600	20,800	7,100	-18,700	50,500	-13,400	-6,100
Decrease in cash, cash equivalents and restricted cash
-46,100	150,800	2,100	-12,900	-33,300	33,400	12,100	-67,600	-19,500	55,000	-5,100	27,900	-139,800	131,900	-26,900	76,800	-178,800	1,300	-72,800	159,300	-24,800	42,800	-2,400	129,400	-853,300	426,700	-60,100	128,900	-229,600	459,400	-71,500	-33,300	-297,700	269,200	-117,900	258,800	-405,600	260,700	-115,800	166,900	-243,300