ARMSTRONG WORLD INDUSTRIES, INC. AWI Cash Flow

Armstrong world industries, inc. (AWI)

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	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
Cash flows from operating activities:
Net (loss) earnings
-50,800	214,500	201,400	204,400	197,200	185,900	149,800	123,000	117,000	119,600	148,200	169,400	145,000	104,700	63,800	25,000	37,700	94,200	104,400	104,200	93,500	63,800	78,200	97,000	108,000	94,100	91,700	104,200	116,100	131,300	131,400	121,000	117,100	112,400	0	0	0
Adjustments to reconcile net (loss) earnings to net cash provided by operating activities:
Depreciation and amortization
75,200	72,100	70,300	68,900	71,700	79,400	87,800	94,900	93,100	89,200	82,000	77,600	77,900	89,200	101,500	111,100	120,000	118,300	118,200	124,100	127,900	129,400	127,700	119,900	113,600	109,000	106,400	104,200	103,900	112,700	110,700	112,300	116,100	113,800	0	0	0
Loss (gain) on disposal of discontinued operations
-38,400	-31,200	-30,200	-500	600	-19,300	-130,200	-132,600	-126,900	-109,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Write-off debt refinancing fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,900	0	0	0	-	-	-	-	-	-	-	-
Fixed and intangible asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,200	0	0	0	-	-	-	-
Deferred income taxes
84,000	-14,000	-24,900	-9,400	300	3,800	56,100	49,700	38,200	12,300	-76,000	-83,900	-79,900	-51,000	-18,200	15,100	18,000	48,500	31,400	7,400	2,300	-41,500	-43,200	-44,200	-46,400	-37,000	-55,300	-62,100	-34,700	-26,500	-128,200	-77,900	-77,400	-62,700	0	0	0
Share-based compensation
8,600	9,500	11,900	12,800	13,200	14,000	11,300	10,400	10,300	10,200	10,900	10,800	12,300	12,400	11,800	12,500	11,800	13,400	13,700	12,400	11,800	12,700	13,400	15,000	15,900	15,900	16,200	16,400	16,500	15,600	14,700	13,100	12,200	11,100	0	0	0
Equity earnings from joint venture
97,200	96,600	98,700	74,500	77,500	74,900	74,300	69,500	65,000	67,000	68,000	73,100	73,300	73,100	73,500	74,100	70,600	66,100	63,500	62,700	63,900	65,100	64,400	62,200	59,000	59,400	58,100	57,000	57,500	55,900	54,500	54,400	52,100	54,900	0	0	0
Separation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	34,500	50,500	55,900	57,100	34,300	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0
Loss on interest rate swap
-	-	-	-	-	-	-	-	-	-	-	-	-	10,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
U.S. pension cost (credit)
366,000	-7,500	-12,300	-17,000	-21,600	-26,300	-26,200	-5,200	-4,900	-4,500	5,200	-6,000	3,400	15,000	18,100	46,400	36,900	25,200	20,000	-11,700	-5,500	600	0	0	0	-	-	-	-	12,200	15,700	19,100	35,600	26,000	0	0	0
Non-cash foreign currency translation on intercompany loans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,800	-37,600	-29,300	-30,000	-37,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash adjustments, net
-2,500	-2,500	-4,600	-2,800	-3,900	-2,900	-800	-1,100	900	400	-4,400	-4,300	-3,500	-800	0	0	0	-	-	0	0	-	-	-	-	4,600	9,500	9,100	8,200	3,300	-1,900	-12,900	-8,500	-3,200	0	0	0
Restructuring payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,400	8,600	14,800	20,000	0	0	0
Changes in operating assets and liabilities:
Receivables
17,100	1,100	-300	8,600	5,800	-13,200	1,200	3,200	-700	37,100	10,000	10,700	11,700	23,900	19,600	8,500	-600	-2,700	-11,700	-19,500	8,700	6,200	-1,200	-2,700	-3,500	8,800	-3,300	4,600	-8,700	-8,800	-20,700	-17,500	-26,300	2,000	0	0	0
Inventories
-3,200	7,200	3,000	-3,200	3,000	8,900	9,200	16,700	11,400	-3,600	4,100	9,400	9,600	7,000	9,700	-900	-4,000	15,700	-6,200	-2,500	-1,000	26,800	39,400	34,800	29,500	11,900	1,300	3,600	18,400	600	-20,000	-19,300	-15,300	-9,200	0	0	0
Other current assets
-	-	-	-	-	-9,400	-9,400	-4,600	500	-2,200	8,000	300	-17,800	-7,100	-16,200	-5,600	18,100	7,300	15,600	9,700	-2,100	9,700	6,600	6,100	15,600	9,200	15,900	8,200	-300	10,400	1,600	-400	6,300	-700	0	0	0
Other non-current assets
-	-	-	-	-	5,500	-500	-800	1,600	1,600	6,200	3,800	5,900	9,900	-6,700	-2,000	-6,800	-7,900	3,400	3,900	6,000	5,100	1,200	-8,900	-10,500	-7,100	-5,600	2,600	3,200	-3,700	0	0	0	-	-	0	0
Accounts payable and accrued expenses
-40,700	-19,900	-12,700	-8,800	26,800	5,400	7,000	9,300	-18,100	-20,000	-29,800	-31,700	-42,200	-82,100	-80,300	-79,400	-26,900	15,000	-15,800	-28,300	-26,300	-6,100	-200	24,800	14,800	37,400	36,800	24,100	14,200	-23,600	-39,200	-41,000	-22,500	11,400	0	0	0
Income taxes receivables and payables, net
-	-	-	-	-	7,500	-1,700	-7,100	-16,700	-18,800	-33,000	-53,000	-52,800	-49,300	-17,400	44,000	47,800	33,600	36,900	19,700	11,500	24,200	6,800	9,900	15,400	16,300	15,100	43,700	33,500	33,400	46,600	15,700	10,900	-1,800	0	0	0
Other long-term liabilities
-	-	-	-	-	-14,400	-4,400	-4,700	-4,300	-1,200	-11,400	-8,800	-18,900	-22,000	-29,600	-35,500	-24,900	-22,200	-15,600	-14,300	-15,900	-21,000	-29,100	-34,700	-37,100	-35,300	-29,500	-25,800	-21,400	-27,900	-22,900	-27,000	-21,600	-15,100	0	0	0
Other assets and liabilities
-15,700	2,700	0	0	0	-	-800	3,600	700	800	2,000	900	4,200	5,100	9,400	8,300	8,000	1,400	-6,100	-8,800	-6,700	-3,600	-2,100	6,200	2,500	700	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by operating activities
193,700	182,700	165,600	161,200	191,900	203,200	224,500	217,000	185,800	170,400	156,800	147,100	124,900	49,300	57,100	89,400	172,800	203,700	241,700	245,300	207,600	208,800	163,100	192,900	194,800	213,700	240,600	233,200	238,900	220,000	210,900	197,600	202,900	199,700	0	0	0
Cash flows from investing activities:
Purchases of property, plant and equipment
68,500	71,300	75,200	73,400	76,500	71,900	67,200	70,500	74,600	89,700	91,700	95,600	101,000	104,200	149,700	167,900	173,000	170,700	168,500	176,200	208,200	222,900	224,900	224,200	202,300	213,700	213,000	213,800	216,700	198,800	184,500	178,300	165,700	150,600	0	0	0
Return of investment from joint venture
83,600	85,200	117,200	144,400	145,400	141,700	105,200	70,000	65,900	69,100	71,200	72,700	88,200	86,900	85,100	85,300	66,800	64,200	64,700	64,300	65,000	67,900	65,500	63,000	64,400	61,100	61,500	59,600	60,800	63,500	113,100	113,100	108,700	102,400	0	0	0
Cash paid for acquisitions
-	56,400	0	0	0	-	-	-	-	31,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,500	0	0	0	-	-	-	-
Proceeds from (payment of) company-owned life insurance, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	600	700	700	400	-900	-1,200	-1,000	-700	0	0	0	-	-	-	-
Proceeds from the sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,800	7,900	0	0	0	-	-	-	-	-	-	-	-	5,500	0	0	0
Proceeds from settlement of note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
0	-	-	-	0	-	-	-	-	-	-	-	-	-300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) investing activities
-41,200	-89,100	-47,200	279,300	265,800	309,600	273,000	-14,800	-10,900	-54,200	-51,400	-53,800	-44,200	-17,000	-63,100	-81,100	-103,700	-101,500	-97,700	-105,800	-135,400	-149,300	-156,300	-151,100	-130,500	-145,800	-116,600	-111,800	-113,500	-91,900	-28,800	-29,400	-17,400	-9,500	0	0	0
Cash flows from financing activities:
Proceeds from short-term debt
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from revolving credit facility
0	-	-	-	-	-	-	-	-	103,000	103,000	93,000	75,000	90,000	0	0	0	-	-	-	-	122,800	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0
Payments of revolving credit facility
0	-	-	-	-	-	-	-	-	103,000	103,000	78,000	60,000	90,000	0	0	0	-	-	-	97,800	122,800	0	0	0	-	-	-	-	-	-	-	0	-	0	0	0
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,111,000	1,081,100	1,023,100	1,023,100	250,000	0	0	0	-	-	-	-
Payments of long-term debt
-	825,400	798,500	40,000	32,500	32,500	32,600	32,600	32,500	25,000	18,100	10,700	414,000	434,100	443,500	453,500	52,800	39,500	36,400	33,200	30,100	23,900	45,400	97,100	90,700	1,115,500	1,096,000	1,045,700	1,046,500	22,000	40,000	33,800	34,000	34,100	0	0	0
Financing costs
-	-	-	-	-	-	-	-	-	600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	7,200	7,100	7,200	7,700	8,100	8,100	8,200	7,800	7,900	0	0	0
Dividend paid
36,700	35,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	1,200	1,300	1,300	1,300	1,300	1,600	1,900	1,900	1,400	4,600	4,600	507,700	507,100	0	0	0	-	-	-	-
Proceeds from share-based compensation plans, net of tax
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercised stock options
-	-	-	-	-	-	-	-	17,100	-	0	0	0	-	-	-	-	6,400	12,800	12,100	12,200	17,800	15,600	14,800	14,700	8,600	7,100	6,700	6,600	12,200	9,900	10,200	14,700	7,700	0	0	0
Excess tax benefit from share-based awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	8,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment for treasury stock acquired
145,700	131,300	131,700	249,700	256,600	306,600	261,100	114,500	100,400	80,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of company owned life insurance loans, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) financing activities
-288,200	-384,900	-355,800	-326,100	-295,000	-329,300	-273,000	-143,900	-130,800	-102,700	-132,900	-110,600	-144,900	-128,900	-96,900	-100,200	-46,900	-32,300	-21,600	-73,000	-54,100	3,300	6,200	-196,100	-205,600	-263,700	-279,600	-30,900	-529,500	-273,700	-259,300	-248,200	253,700	-28,800	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-1,200	900	-1,600	-3,100	-5,800	-7,400	-4,000	1,000	1,800	4,200	1,500	-2,400	-4,600	-6,300	-4,600	-10,300	-4,400	-10,400	-20,800	-17,500	-17,100	-12,700	-2,300	2,200	-5,700	-5,400	-5,300	-3,100	-1,200	1,400	-1,100	-7,300	-300	3,400	0	0	0
Net increase (decrease) in cash and cash equivalents
-136,900	-290,400	-239,000	111,300	156,900	176,100	220,500	59,300	45,900	17,700	-26,000	-19,700	-68,800	-102,900	-107,500	-102,200	17,800	59,500	101,600	49,000	1,000	50,100	10,700	-152,100	-147,000	-201,200	-160,900	87,400	-405,300	-144,200	-78,300	-87,300	438,900	164,800	0	0	0
Supplemental Cash Flow Disclosures:
Interest paid
29,200	33,100	32,200	34,000	33,000	29,900	32,200	30,600	30,700	30,700	31,300	31,200	31,000	33,400	34,800	37,100	39,500	39,400	39,900	40,100	40,200	40,200	40,300	41,000	41,300	42,400	44,900	46,400	48,600	47,000	43,700	40,800	38,900	40,500	0	0	0
Income tax payments, net
56,500	58,400	77,900	73,800	52,800	51,600	31,900	31,300	40,100	32,100	30,000	26,200	23,600	33,700	30,400	30,800	32,700	44,400	39,800	31,100	28,900	15,000	18,700	15,500	13,500	14,400	11,700	13,300	11,500	8,400	7,300	4,400	9,700	19,900	0	0	0
Amounts in accounts payable for capital expenditures
1,100	1,900	2,000	1,600	500	1,900	1,400	600	2,500	2,600	1,500	-200	-1,500	4,400	-2,200	800	2,400	14,300	22,400	25,200	22,100	18,700	17,000	9,900	17,200	15,300	26,400	31,200	28,800	25,900	0	0	0	-	-	-	-