Amphenol corporation (APH)
CashFlow / Quarterly
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'10Dec'09Sep'09Jun'09Mar'09
Cash from operating activities:
Net income

243,200

320,800

282,400

290,900

269,900

341,200

319,600

287,800

268,300

-100,400

280,200

253,600

227,300

238,300

227,100

208,800

158,400

202,600

207,300

180,600

181,800

194,800

184,200

176,400

159,800

168,830

161,389

154,868

153,613

141,559

148,800

141,893

127,248

115,005

136,058

148,894

128,885

132,467

138,799

131,009

100,138

89,977

83,364

76,825

77,050

Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization

72,100

76,700

72,000

77,800

85,600

105,200

72,300

61,700

60,500

58,300

57,900

56,500

54,100

53,400

51,200

50,500

61,900

43,500

44,600

43,400

40,100

50,100

40,400

37,700

39,900

34,969

34,769

34,170

32,592

32,461

30,748

29,592

28,999

31,242

30,989

29,851

27,357

26,846

26,507

25,149

24,344

25,601

25,153

24,779

22,991

Net change in receivables sold under Receivables Securitization Facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

82,000

-6,000

15,000

-12,000

6,000

Stock-based compensation expense

15,400

16,600

16,600

15,400

14,400

15,200

14,400

13,300

12,700

12,600

12,700

12,300

12,100

12,100

12,300

11,600

11,600

12,100

11,900

10,100

10,100

12,000

10,200

9,900

9,300

9,516

9,409

8,892

8,283

8,233

8,066

7,610

7,491

7,668

7,630

7,061

6,320

6,805

6,965

6,172

5,443

4,981

5,231

5,244

4,784

Deferred income tax provision (benefit)

13,400

52,700

-13,900

-22,900

-700

29,500

-4,600

-36,700

-200

186,900

-6,600

1,500

4,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

11,200

16,700

12,300

4,200

6,800

300

5,500

3,600

2,700

11,500

15,400

2,700

2,147

2,830

7,303

8,720

3,795

8,128

4,248

5,429

371

131

868

4,625

11,042

2,317

751

582

-

-

-

-

Net change in operating assets and liabilities, excluding effects of acquisitions:
Net change in components of working capital

-43,800

-

-39,500

43,900

22,700

-

60,900

52,200

133,300

-

137,000

49,000

66,800

-

-35,200

16,700

45,900

-

-37,300

4,200

40,100

-

-16,900

31,000

10,200

-

-2,478

14,592

12,135

-

4,216

50,424

-9,851

-

9,775

71,804

44,065

-

32,583

62,611

14,704

-

-32,822

-41,802

-34,255

Accrued pension and postretirement benefits

-

-

-

-

-

400

1,900

100

-79,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net change in other long-term assets and liabilities

3,600

-9,900

300

-1,400

2,900

-2,700

3,500

8,900

-1,200

-170,000

-1,300

4,100

-6,600

-5,100

18,200

-1,700

-12,400

-

-

-

-

-15,300

16,100

-3,000

-6,600

-

8,297

-4,517

-6,621

-

-728

-2,978

3,956

-

-7,071

-9,288

6,134

-

-

-

-

-

-2,372

-5,226

2,315

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-5,368

9,031

-5,060

796

-

-

-

-

Net cash provided by operating activities

384,300

424,100

412,200

322,400

343,600

378,200

339,200

265,100

130,200

427,800

198,200

280,400

237,800

348,900

290,900

243,600

194,200

322,300

285,400

234,500

188,300

273,500

224,100

180,600

202,700

211,376

196,918

180,552

180,254

207,097

175,998

127,401

164,204

168,618

184,242

104,609

107,738

160,682

128,340

104,028

31,843

151,714

145,942

141,876

142,765

Cash from investing activities:
Capital expenditures

60,800

72,000

73,100

75,400

74,500

102,400

74,100

79,200

54,900

70,800

55,600

51,500

48,700

54,500

47,200

48,100

41,000

41,300

45,600

45,200

40,000

46,400

56,800

51,700

54,200

52,660

39,703

36,352

29,685

32,611

33,067

31,899

31,523

28,174

25,591

23,136

23,321

36,094

30,278

24,733

18,353

17,451

14,775

13,961

16,871

Proceeds from disposals of property, plant and equipment

1,200

300

1,600

1,200

4,300

1,200

2,300

700

800

2,100

1,300

400

300

3,100

600

700

2,700

2,000

4,400

2,000

300

3,400

800

900

500

1,616

672

610

802

626

1,870

1,289

1,015

984

6,457

534

143

-

-

-

-

-

-

-

-

Purchases of short-term investments

12,000

16,900

11,600

13,800

23,100

9,200

8,700

19,800

6,800

4,100

2,600

15,300

18,200

59,100

140,300

16,900

16,100

12,800

8,300

9,100

104,500

242,200

122,800

235,300

120,700

202,948

129,307

298,101

110,744

159,270

78,000

107,864

34,466

88,047

24,503

48,907

20,423

79,854

31,324

59,845

27,205

32,672

13,521

2,013

-1,420

Sales and maturities of short-term investments

17,700

17,000

10,200

16,900

17,500

18,900

13,400

16,800

18,100

7,600

8,900

9,400

122,100

75,200

8,100

12,100

13,100

11,100

139,700

235,800

84,000

250,400

117,000

148,400

145,000

291,810

153,985

166,117

75,488

74,967

45,105

95,663

46,065

44,929

19,120

61,982

20,342

88,758

6,795

23,607

18,852

-

-

-

-

Acquisitions, net of cash acquired

16,500

46,200

135,000

356,900

399,300

0

100

59,300

99,500

22,000

44,500

152,400

46,600

32,500

86,800

0

1,185,800

0

28,000

95,700

76,100

50,200

448,500

10,500

9,000

440,864

0

44,237

-201

-

-

-

-

-

-

-

-

15,481

151,297

10,624

3,000

7,321

1,115

10,114

261,464

Net cash used in investing activities

-70,400

-117,800

-207,900

-428,000

-475,100

-91,500

-67,200

-140,800

-142,300

-87,200

-92,500

-209,400

8,900

-67,800

-265,600

-52,200

-1,227,100

-41,000

62,200

87,800

-136,300

-85,000

-510,300

-148,200

-38,400

-403,046

-14,353

-211,963

-63,938

-188,191

-161,340

-125,160

-18,909

-320,588

-25,621

-61,416

-23,259

-41,856

-205,068

-71,595

-29,706

-40,776

-29,411

-26,088

-276,915

Cash from financing activities:
Proceeds from issuance of senior notes

399,300

0

899,300

0

499,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

749,300

0

748,800

-

-

-

-

-30

0

0

498,730

-

-

-

-

-

-

-

-

-

-

-

-

Long-term borrowings under credit facilities

1,567,400

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

7,600

0

0

125,000

243,000

165,400

255,300

142,800

550,600

188,217

201,283

101,300

213,000

170,564

208,136

227,900

198,100

185,900

276,930

212,270

175,214

515,610

33,982

68,600

86,748

127,700

126,613

268,587

Repayments of senior notes and other long-term debt

300

300

353,400

600

757,200

-

-

-

-

-

-

-

-

-

-

-

-

5,900

800

124,800

86,200

779,300

634,100

135,500

801,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repayments under credit facilities

215,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

101,201

106,627

119,215

-

109,060

59,153

708,747

86,302

78,777

74,121

62,700

279,611

394,606

53,806

19,994

724,733

156,930

177,219

182,700

(Repayments) borrowings under commercial paper programs, net

-250,400

-366,200

-530,300

400,100

267,400

-244,500

-174,500

179,200

-304,800

-19,500

537,700

-589,400

225,300

37,400

127,700

-32,700

50,800

-28,200

94,400

125,700

46,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Payment of costs related to debt financing

3,900

0

7,700

300

6,900

-

-

-

-

-

-

-

-

0

0

0

3,000

-

-

-

-

400

5,000

0

5,700

-

-

-

-

-18

0

3

4,315

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options

30,000

99,800

32,800

66,000

47,500

7,700

72,300

30,100

20,600

49,700

61,400

49,300

23,700

26,400

53,000

53,200

14,600

18,600

5,600

24,200

16,000

9,000

30,500

44,600

13,700

15,513

15,383

33,522

30,682

22,050

37,742

13,290

22,418

1,831

2,804

9,530

11,921

25,345

13,874

4,224

3,173

20,982

1,484

2,791

224

Distributions to and purchases of noncontrolling interests

8,100

18,300

400

21,400

3,200

300

10,800

3,200

3,900

46,500

-2,500

-23,800

4,200

-12,600

1,700

100

4,000

0

1,700

1,200

3,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

496

-

-

-

-

-

-

-

-

Payments to shareholders of noncontrolling interests

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,100

-

2,635

489

1,247

-

-

-

-

-

-

-

-

-

-

1,375

1,046

-

-

-

-

Purchase of treasury stock

257,200

43,000

150,000

248,700

160,000

255,000

34,800

263,400

382,000

62,400

155,700

150,700

249,200

96,200

121,200

59,200

49,200

53,300

52,000

81,400

62,200

138,600

150,600

129,100

121,100

27,725

115,867

95,808

85,300

150,658

28,422

119,135

81,885

138,191

173,002

172,495

188,503

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

11,200

16,700

12,300

4,200

6,800

300

5,500

3,600

2,700

11,500

15,400

2,700

2,147

2,830

7,303

8,720

3,795

8,128

4,248

5,429

371

131

868

4,625

11,042

2,317

751

582

15,218

171

589

107

Dividend payments

74,400

74,000

68,300

68,500

68,700

69,300

68,900

57,400

58,100

57,900

48,900

48,900

49,300

43,300

43,100

43,100

43,200

43,200

38,600

0

77,500

-

-

-

-

-

-

-

-

33,715

16,885

17,052

2,448

2,494

2,547

2,608

2,633

2,612

2,604

2,602

2,595

2,573

0

2,571

5,135

Net cash provided by (used in) financing activities

1,187,400

-402,000

-191,400

126,600

-181,600

-1,500

-222,700

-117,700

-728,200

-92,400

17,000

-11,000

-53,700

-65,500

31,400

-69,600

-29,800

-97,600

7,200

-52,000

-37,700

-78,200

94,600

18,700

-21,000

183,831

-32,699

22,428

-65,060

-57,867

59,004

28,681

-42,918

-27,927

-67,078

-30,627

-25,516

-72,663

107,490

-18,826

48,720

-32,752

-32,856

-49,797

81,083

Effect of exchange rate changes on cash and cash equivalents

-20,200

17,600

-25,900

-8,400

3,500

-4,200

-15,400

-42,400

21,400

18,700

12,600

14,000

15,300

-34,600

2,900

-14,800

12,500

-22,100

-22,000

2,600

-13,300

-14,400

-15,500

5,700

-6,800

5,323

15,841

-2,351

-7,113

4,201

5,870

-5,891

3,520

4,804

-12,572

5,643

8,148

-803

13,089

-8,649

-3,751

-1,142

3,129

4,255

-11,401

Net change in cash and cash equivalents

1,481,100

-78,100

-13,000

12,600

-309,600

281,000

33,900

-35,800

-718,900

266,900

135,300

74,000

208,300

181,000

59,600

107,000

-1,050,200

161,600

332,800

272,900

1,000

95,900

-207,100

56,800

136,500

-2,516

165,707

-11,334

44,143

-34,760

79,532

25,031

105,897

-175,093

78,971

18,209

67,111

45,360

43,851

4,958

47,106

77,044

86,804

70,246

-64,468

Cash paid for:
Interest

22,000

34,800

24,000

26,200

31,600

14,700

31,500

7,000

41,000

6,300

42,600

3,000

32,400

3,300

31,200

2,800

31,200

2,000

30,100

1,800

30,200

15,700

22,000

16,400

13,300

17,560

13,103

16,997

12,740

16,809

12,841

16,310

2,640

17,454

2,508

18,010

2,517

16,593

3,431

17,529

2,571

-

-

-

-

Income taxes, net

64,200

75,100

91,500

137,700

104,000

85,500

73,200

158,600

75,900

81,100

70,400

96,300

77,400

54,400

53,700

91,100

47,600

67,800

54,200

76,800

51,900

48,700

41,600

70,500

48,800

50,056

44,105

43,787

38,852

55,221

44,998

44,418

45,063

31,330

29,349

53,042

30,454

34,018

29,970

44,751

24,329

-

-

-

-