Avangrid, Inc. AGR Cash Flow

Avangrid, inc. (AGR)

CashFlow / TTM

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
Cash Flow from Operating Activities
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
690,000	676,000	576,000	571,000	576,000	598,000	405,000	371,000	381,000	382,000	668,000	677,000	659,000	632,000	525,000	470,000	379,000	273,000	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
963,000	934,000	892,000	881,000	874,000	855,000	860,000	839,000	830,000	824,000	791,000	789,000	796,000	804,000	791,000	751,000	725,000	695,000	0	0	0
Loss from assets held for sale
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accretion expenses
-	-	-	-	-	-	-	-	-	10,000	11,000	11,000	10,000	10,000	15,000	11,000	13,000	14,000	0	0	0
Regulatory assets/liabilities amortization and carrying cost
68,000	64,000	70,000	68,000	66,000	73,000	66,000	71,000	64,000	62,000	-30,000	-6,000	27,000	49,000	157,000	137,000	153,000	101,000	0	0	0
Regulatory assets/liabilities carrying cost
-	-	-	-	-	-	-	-	-	-	-	11,000	13,000	13,000	22,000	34,000	41,000	41,000	0	0	0
Pension cost
86,000	91,000	98,000	106,000	117,000	123,000	121,000	118,000	115,000	112,000	90,000	100,000	105,000	110,000	138,000	127,000	120,000	115,000	0	0	0
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	0	-	-	-	-
Income (Loss) from Equity Method Investments
-4,000	3,000	3,000	5,000	9,000	10,000	-35,000	-36,000	-40,000	-40,000	6,000	8,000	7,000	7,000	0	0	0	-	-	-	0
Distributions of earnings received from equity method investments
13,000	12,000	14,000	9,000	13,000	14,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt premium
-	-	-	-	-	-	-	-	-	-	-	-15,000	-19,000	-28,000	-17,000	-14,000	-5,000	3,000	0	0	0
Gain on disposal of property and equity method investment
-	-	-	-	-	-	-	-	-	-	-	-	-	33,000	0	0	0	-	-	-	-
Unrealized (gain) loss on marked-to-market derivative contracts
91,000	76,000	50,000	-3,000	-27,000	-22,000	-36,000	-31,000	-36,000	-17,000	21,000	45,000	60,000	4,000	-31,000	17,000	0	-10,000	0	0	0
Deferred taxes
127,000	138,000	120,000	23,000	109,000	151,000	-287,000	-287,000	-283,000	-251,000	212,000	273,000	364,000	375,000	401,000	361,000	111,000	82,000	0	0	0
Other non-cash items
48,000	51,000	30,000	30,000	25,000	27,000	59,000	54,000	55,000	73,000	49,000	51,000	42,000	23,000	0	0	0	-	-	-	-
Changes in operating assets and liabilities:
Current assets
-153,000	-126,000	-154,000	-58,000	159,000	117,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Noncurrent assets
167,000	152,000	80,000	52,000	82,000	87,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Current liabilities
-78,000	-5,000	53,000	-27,000	76,000	98,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Noncurrent liabilities
-12,000	-38,000	-98,000	17,000	-87,000	80,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable and unbilled revenues
-	-	-	-	-	-	-	-	-	-	51,000	100,000	163,000	158,000	-133,000	-154,000	-157,000	-160,000	0	0	0
Inventories
-	-	-	-	-	-	-	-	-	-	46,000	33,000	18,000	-46,000	-23,000	4,000	51,000	-4,000	0	0	0
Other assets/liabilities
-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Cash distribution from equity method investments
-	-	-	-	-	-	-	-	-	-	15,000	15,000	14,000	14,000	0	0	0	-	-	-	-
Accounts payable and accrued liabilities
-	-	-	-	-	-	-	-	-	-	27,000	28,000	137,000	184,000	115,000	109,000	-40,000	-10,000	0	0	0
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Taxes accrued
-	-	-	-	-	-	-	-	-	-	-4,000	8,000	-3,000	-3,000	-5,000	-7,000	-27,000	21,000	0	0	0
Increase (Decrease) in Regulatory Assets and Liabilities
-	-	-	-	-	-	-	-	-	-	-163,000	-175,000	59,000	81,000	226,000	256,000	85,000	-74,000	0	0	0
Net Cash Provided by Operating Activities
1,585,000	1,593,000	1,718,000	1,625,000	1,509,000	1,791,000	1,758,000	1,821,000	1,919,000	1,763,000	1,669,000	1,580,000	1,606,000	1,561,000	1,614,000	1,487,000	1,299,000	1,363,000	0	0	0
Cash Flow from Investing Activities
Payments to Acquire Property, Plant, and Equipment
3,057,000	2,740,000	2,659,000	2,373,000	1,813,000	1,787,000	1,885,000	2,098,000	2,290,000	2,416,000	2,375,000	2,102,000	1,956,000	1,707,000	1,448,000	1,226,000	994,000	1,082,000	0	0	0
Contributions in aid of construction
71,000	74,000	60,000	58,000	63,000	60,000	62,000	59,000	58,000	57,000	45,000	49,000	67,000	69,000	0	0	0	-	-	-	-
Proceeds from sale of equity method and other investment
-	-	-	-	-	-	-	-	-	-	-	-	-	57,000	0	0	0	-	-	-	-
Proceeds from sale of assets
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Proceeds from notes receivable from affiliates
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Government grants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Receipts from affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-6,000	0	0	0	-	-	-	-
Distributions received from equity method investments
4,000	5,000	4,000	7,000	4,000	4,000	4,000	4,000	4,000	4,000	6,000	6,000	6,000	6,000	0	0	0	-	-	-	-
Other investments and equity method investments, net
83,000	176,000	177,000	172,000	161,000	45,000	23,000	7,000	0	-2,000	14,000	7,000	10,000	8,000	-18,000	-22,000	-38,000	-47,000	0	0	0
Net Cash Used in Investing Activities
-2,936,000	-2,713,000	-2,687,000	-2,410,000	-1,767,000	-1,564,000	-1,707,000	-1,902,000	-2,150,000	-2,341,000	-2,329,000	-2,035,000	-1,840,000	-1,527,000	-1,770,000	-1,563,000	-1,368,000	-1,518,000	0	0	0
Cash Flow from Financing Activities
Non-current debt issuances
1,943,000	2,137,000	1,910,000	1,460,000	791,000	597,000	0	0	0	-	-	-	-	-	-	-	-	350,000	0	0	0
Repayments of non-current debt
306,000	346,000	496,000	346,000	258,000	217,000	305,000	347,000	303,000	305,000	337,000	333,000	317,000	355,000	0	0	0	-	-	-	-
(Repayments) receipts of other short-term debt, net
4,000	28,000	521,000	686,000	536,000	201,000	-233,000	-72,000	296,000	625,000	727,000	316,000	363,000	-2,000	0	0	0	-	-	-	0
Repayments of financing leases
7,000	27,000	26,000	26,000	26,000	13,000	14,000	14,000	14,000	33,000	38,000	39,000	38,000	12,000	0	0	0	-	-	-	-
Payments on tax equity financing arrangements
-	-	-	-	-	-	-	-	-	113,000	97,000	95,000	98,000	88,000	118,000	101,000	92,000	102,000	0	0	0
Issuance of common stock
-	-	-	-	-	2,000	2,000	2,000	2,000	1,000	0	0	0	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
61,000	63,000	63,000	64,000	68,000	76,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from noncontrolling interests
374,000	133,000	137,000	134,000	220,000	223,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
546,000	545,000	544,000	542,000	538,000	537,000	535,000	534,000	535,000	535,000	0	0	0	-	-	-	-	-	-	-	-
Net Cash Provided by Financing Activities
1,345,000	1,261,000	1,037,000	900,000	251,000	-230,000	-45,000	96,000	241,000	528,000	507,000	96,000	-140,000	-372,000	-712,000	-513,000	-182,000	102,000	0	0	0
Net Decrease in Cash, Cash Equivalents and Restricted Cash
-6,000	141,000	68,000	115,000	-7,000	-3,000	6,000	15,000	10,000	-50,000	-153,000	-359,000	-374,000	-338,000	-868,000	-589,000	-251,000	-53,000	0	0	0
Supplemental Cash Flow Information
Cash paid for interest, net of amounts capitalized
278,000	266,000	248,000	236,000	233,000	224,000	217,000	216,000	206,000	202,000	191,000	214,000	217,000	229,000	199,000	170,000	155,000	132,000	0	0	0
Cash paid for income taxes
2,000	2,000	2,000	3,000	6,000	-13,000	-7,000	-8,000	-7,000	13,000	9,000	10,000	7,000	9,000	6,000	6,000	6,000	7,000	0	0	0