Albemarle corporation (ALB)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10
Cash flows from operating activities:
Net income

576,466

604,357

644,163

616,024

751,740

739,139

386,019

372,733

175,736

99,468

916,817

924,321

507,878

680,769

253,168

186,363

548,463

360,064

163,339

173,787

143,820

160,906

336,300

352,804

414,553

439,834

321,953

338,543

301,010

330,127

346,440

354,964

425,063

420,197

441,816

415,878

378,270

329,417

0

0

0

Adjustments to reconcile net income to cash flows from operating activities:
Depreciation and amortization

217,895

213,484

206,905

202,125

199,651

200,698

203,352

203,540

202,188

196,928

193,757

191,856

210,687

226,169

236,203

257,112

256,642

260,076

225,600

182,327

139,749

103,572

106,237

108,267

109,935

107,370

104,069

101,388

100,029

99,020

99,255

98,892

97,984

96,753

96,018

94,477

93,881

95,578

0

0

0

Gain associated with restructuring and other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6,333

6,333

6,333

3,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Gain on acquisition

-

-

-

-

-

-

-

-

-

6,221

6,025

7,433

7,433

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of business

-

-

-

-

-

-

-

-

-

-

-

-

-

510,278

122,298

122,298

121,324

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on sale of property

3,332

14,411

11,079

11,079

11,079

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Restructuring and other charges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Stock-based compensation and other

16,625

19,680

18,584

17,260

17,887

15,200

15,590

17,984

17,223

19,400

18,777

17,759

18,039

17,000

17,835

14,728

14,283

15,188

14,991

16,141

15,777

14,267

13,575

12,954

11,053

10,164

11,439

9,010

10,798

15,211

18,512

23,907

27,206

27,069

23,594

20,994

18,136

15,694

0

0

0

Excess tax benefits realized from stock-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

118

263

826

1,024

1,514

1,951

3,266

3,463

4,999

12,166

14,809

19,075

17,209

11,251

10,574

9,722

12,629

11,368

7,981

0

0

0

Equity in net income of unconsolidated investments (net of tax)

120,991

129,568

134,264

123,109

103,768

89,264

90,951

87,914

83,993

84,487

70,573

66,892

66,139

61,534

54,987

45,674

37,173

30,999

29,778

32,378

37,233

35,742

34,621

31,309

30,369

31,729

34,142

36,739

39,742

38,067

35,869

37,434

39,509

43,754

45,143

44,822

40,530

37,975

0

0

0

Dividends received from unconsolidated investments and nonmarketable securities

68,712

71,746

87,603

87,661

34,987

57,415

60,280

60,977

62,297

39,386

20,677

20,691

46,110

43,759

37,745

45,908

57,064

59,912

59,983

74,270

40,651

40,688

40,597

19,977

24,158

21,632

22,553

23,738

23,284

26,908

28,207

27,400

25,647

23,685

23,217

20,655

13,459

16,414

0

0

0

Pension and postretirement (benefit) expense

29,218

31,515

14,759

13,258

11,878

10,410

-15,211

-14,222

-13,300

-12,436

33,702

38,149

40,131

41,546

-30,674

-34,356

-35,970

-38,817

111,503

114,693

115,554

133,681

-115,491

-117,942

-117,620

-132,707

92,289

90,797

78,781

77,442

66,539

73,333

90,987

97,207

38,475

36,882

34,966

33,898

0

0

0

Pension and postretirement contributions

19,058

16,500

14,860

15,889

15,207

15,200

14,761

14,101

13,957

13,300

16,026

16,832

18,735

20,068

18,589

20,164

19,851

21,613

19,871

20,172

17,362

13,916

14,120

13,765

14,093

13,294

11,797

21,244

20,824

21,610

21,923

8,634

10,351

59,773

110,521

112,328

109,845

80,105

0

0

0

Unrealized gain on investments in marketable securities

2,960

2,809

613

479

610

527

2,743

2,207

2,655

3,135

2,381

5,198

5,572

3,655

3,923

678

-267

1,239

897

693

652

825

2,282

2,472

3,279

3,681

2,384

3,314

1,647

1,872

1,464

-752

467

688

2,079

3,214

2,647

1,532

0

0

0

Gain (Loss) on Extinguishment of Debt

-

-

-

-

-

-

-

-

-

-52,800

-54,722

-54,722

-54,722

-1,921

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income taxes

-11,604

-14,394

-13,490

-22,026

-27,677

-49,164

3,218

8,029

14,237

41,941

378,930

396,819

-21,668

-21,121

-322,023

-319,645

102,637

136,298

94,128

90,040

101,931

64,947

-47,568

-53,662

-62,498

-64,865

7,260

14,627

-2,719

14,587

10,987

-2,319

789

11,198

32,398

41,283

53,431

42,136

0

0

0

Changes in current assets and liabilities, net of effects of acquisitions and divestitures:
Net change in noncurrent income tax payables and receivables

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net change in noncurrent environmental liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Working capital changes

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

Other, net

-14,152

-36,974

8,356

10,457

43,339

58,469

-411,820

-401,374

-436,459

-449,816

-59,720

-67,772

-67,565

-59,548

7,853

14,100

10,661

62,479

27,882

40,969

43,946

-6,743

5,847

-6,018

-4,033

-4,674

-10,551

-7,066

-9,044

-16,904

-2,085

-5,404

1,316

14,138

7,430

1,546

-1,679

-3,717

0

0

0

Net cash provided by operating activities

819,512

719,374

514,862

521,596

479,527

546,165

606,076

582,291

342,948

303,979

356,254

428,220

645,401

735,524

498,021

480,476

487,727

360,810

378,970

330,645

389,227

492,609

545,880

549,152

483,382

432,859

499,805

482,711

463,872

488,766

508,374

526,098

564,347

487,359

341,044

343,335

359,781

331,309

0

0

0

Cash flows from investing activities:
Acquisition of Rockwood, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,051,645

2,051,645

2,051,645

2,051,645

0

0

0

0

-

-

-

-

3,360

4,607

9,640

12,665

13,164

15,975

17,794

12,519

11,978

0

0

0

Payments to Acquire Other Businesses, Net of Cash Acquired

842,572

820,000

0

0

0

-

-

-

-

44,367

172,153

166,272

154,489

126,747

0

0

3,295

48,845

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash payments related to acquisitions and other

-

-

-

-

-

-

-

-

-

-

-

-

-

81,987

81,988

81,988

81,988

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Acquisition of remaining interest in Shanghai Chemetall, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital expenditures

850,193

851,796

836,772

834,672

784,308

699,991

601,859

500,883

395,375

317,703

242,872

194,910

192,677

196,654

204,382

215,435

229,028

227,649

198,462

175,629

143,650

110,576

97,000

98,848

123,678

155,346

197,193

257,418

281,424

280,873

282,171

249,570

213,464

190,574

152,583

109,175

91,231

75,478

0

0

0

Decrease in restricted cash

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-57,550

-57,550

-57,550

-57,550

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash impact from deconsolidation of Stannica LLC, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

12,649

0

0

0

Cash proceeds from divestitures, net

-

-

-

-

-

-

-

-

-

-

-

-

-

3,325,571

313,349

319,482

316,048

8,883

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from sale of property and equipment

0

10,356

10,356

10,356

10,356

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Sales of marketable securities, net

-1,883

-384

-1,668

-1,077

-810

270

1,486

922

757

275

67

456

394

-305

-555

-534

-632

-998

-971

-1,440

-55

-649

102

-43

-1,499

-169

-736

-388

-319

1,615

1,096

1,372

1,315

-1,670

-1,343

-1,246

-1,138

-652

0

0

0

Repayments from joint ventures

-

-

-

-

-

-

-

-

-

1,250

1,250

1,250

1,250

0

0

0

0

2,156

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from repayment of advance to joint venture

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investments in equity and other corporate investments

416

2,569

2,823

6,170

7,374

5,600

8,911

5,544

4,300

3,565

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

10,868

0

0

0

-

-

-

-

Net cash used in investing activities

-1,691,298

-1,663,625

-827,481

-836,311

-378,350

-303,695

-209,141

-103,123

-410,200

-357,803

2,607,988

2,661,442

2,672,097

2,920,488

27,534

120,593

100,369

-2,160,552

-2,167,567

-2,151,179

-2,117,290

-46,133

-2,198

-101,120

-124,744

-157,742

-190,392

-263,569

-299,644

-301,161

-310,374

-270,582

-227,646

-212,936

-178,991

-128,899

-105,591

-92,191

0

0

0

Cash flows from financing activities:
Proceeds from borrowings of credit agreements

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

2,250,000

1,000,000

1,000,000

1,000,000

0

0

0

0

-

-

-

-

-

-

-

-

3,510

199,946

132,045

125,837

125,797

0

0

0

Repayments of Long-term Debt

-

-

-

-

-

-

-

-

-

778,209

1,622,781

1,621,349

1,671,916

1,252,302

1,633,338

1,633,415

1,588,233

2,582,901

1,335,287

1,334,649

1,332,179

6,017

44,843

132,369

132,230

135,733

96,602

9,016

10,845

14,390

-84,332

-84,409

-84,430

9,043

419,853

500,805

510,300

424,123

0

0

0

Proceeds from (Repayments of) Other Debt

-396,459

-126,364

253,121

281,318

385,815

-113,567

-74,957

-131,968

-308,792

138,751

-75,492

-172,700

-166,166

-163,721

62,453

-11,209

-44,117

54,625

875

140,957

170,180

-5,825

17,611

119,213

390,110

398,544

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Fees related to early extinguishment of debt

-

-

-

-

-

-

-

-

-

46,959

46,959

46,959

46,959

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends paid to shareholders

155,799

152,204

148,995

146,425

144,601

144,596

144,274

143,279

141,609

140,557

139,497

138,324

137,142

135,353

133,593

131,855

130,113

119,302

108,045

97,024

86,250

84,102

82,360

80,374

79,881

78,107

76,400

74,763

71,343

69,113

65,948

63,198

60,481

57,759

55,858

53,474

51,098

49,643

0

0

0

Dividends paid to noncontrolling interests

97,473

83,187

57,212

46,340

7,378

14,756

23,721

26,204

44,134

36,756

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payments for Repurchase of Common Stock

-

-

-

-

-

-

-

-

-

250,000

250,000

250,000

250,000

0

0

0

0

-

-

-

-

150,000

150,000

150,000

571,500

582,298

0

0

0

-

-

-

-

-

-

-

-

14,945

0

0

0

Proceeds from exercise of stock options

12,333

4,814

6,145

5,550

5,663

3,633

3,529

6,189

6,714

8,238

9,633

7,799

11,571

9,401

6,954

5,114

427

517

342

700

1,548

2,713

3,756

3,991

5,088

5,553

5,681

11,635

20,299

21,148

21,104

14,578

4,594

2,230

3,559

6,446

6,362

7,135

0

0

0

Excess tax benefits realized from stock-based compensation arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

49

118

263

826

1,024

1,514

1,951

3,266

3,463

4,999

12,166

14,809

19,075

17,209

11,251

10,574

9,722

12,629

11,368

7,981

0

0

0

Withholding taxes paid on stock-based compensation award distributions

4,601

11,031

10,967

11,350

12,486

17,240

17,106

16,667

15,530

8,376

8,503

8,381

8,080

2,194

2,339

2,313

2,344

1,549

1,294

1,352

1,490

3,284

3,259

3,522

3,674

6,149

6,098

5,903

8,051

9,124

9,928

10,355

10,196

3,129

10,218

8,869

3,511

3,988

0

0

0

Debt financing costs

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

4,544

18,756

17,436

17,438

17,644

3,074

1,347

1,478

108

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash provided by financing activities

1,018,446

1,042,687

41,647

-167,692

-272,987

-786,526

-781,529

-561,929

-503,351

-1,086,868

-2,146,372

-2,266,647

-2,304,547

-1,580,024

-522,368

-607,297

-593,075

-478,446

1,391,081

1,551,812

1,507,296

1,609,329

-268,757

-252,908

-284,628

-288,046

-322,981

-374,517

-239,196

-177,294

-260,997

-262,245

-247,986

-329,119

-101,903

-61,962

-84,759

-7,938

0

0

0

Net effect of foreign exchange on cash and cash equivalents

-58,706

-40,646

-52,431

-27,554

-55,104

-37,927

-19,519

-16,040

8,255

8,239

-6,130

-9,731

-10,797

-19,966

-4,078

-7,349

-4,060

2,154

-21,114

-39,159

-41,855

-43,276

-23,232

5,336

15,129

12,472

12,353

8,283

-9,487

-2,031

-15,619

-22,235

-10,369

-5,538

-3,565

14,118

4,265

-10,321

0

0

0

Decrease in cash and cash equivalents

87,954

57,790

-323,403

-509,961

-226,914

-581,983

-404,113

-98,801

-562,348

-1,132,453

811,740

813,284

1,002,154

2,056,022

-891

-13,577

-9,039

-2,276,034

-418,630

-307,881

-262,622

2,012,529

251,693

200,460

89,139

-457

-1,215

-147,092

-84,455

8,280

-78,616

-28,964

78,346

-60,234

56,585

166,592

173,696

220,859

0

0

0