BAXTER INTERNATIONAL INC. BAX Cash Flow

Baxter international inc. (BAX)

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	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operations
Net income
1,002	1,011	1,335	1,469	1,499	1,546	1,055	797	719	602	1,031	910	1,857	4,965	4,927	4,798	3,918	968	1,716	2,183	2,371	2,497	1,870	1,946	2,016	2,012	2,180	2,219	2,290	2,326	2,304	2,299	2,267	2,256	2,210	2,156	2,064	1,427	1,577	1,585	1,637	2,215	0	0	0
Adjustments to reconcile net income to cash flows from operations:
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	-	-	-	-	-	5	-1	18	14	272	575	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
796	789	765	769	771	771	774	759	748	750	763	783	805	800	765	777	761	759	793	680	743	792	654	758	688	635	751	723	720	712	701	698	687	670	682	677	677	685	678	671	656	638	0	0	0
Realized excess tax benefits from stock issued under employee benefit plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	21	42	35	29	24	18	16	23	21	23	20	15	41	43	49	205	96	0	0	0
Deferred income taxes
-321	-310	-17	-275	-236	-263	-50	180	169	211	-34	-175	-222	-302	-411	-248	-169	-50	-119	-35	-52	-117	-205	-153	-240	-185	-129	-199	-33	-17	151	131	135	172	125	116	76	76	248	252	299	267	0	0	0
Stock compensation
129	122	120	118	117	115	117	115	109	107	108	107	110	115	114	114	120	126	131	120	124	126	102	122	121	122	144	139	134	130	122	121	119	119	122	118	118	120	126	129	132	140	0	0	0
Net periodic pension benefit and other postretirement costs
39	22	16	25	32	39	61	82	102	123	119	118	117	116	147	172	197	227	220	193	208	219	195	262	285	308	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized gains on Baxalta common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	4,387	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Infusion pump charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Other
-114	-115	-117	-87	-52	-50	8	0	-51	-38	122	-53	-148	-246	-487	-384	-226	-42	62	142	69	-19	2	68	82	73	-115	-202	-101	-66	118	70	1	-32	-104	-42	-74	-57	-92	-48	-1	-1	0	0	0
Accounts receivable, net
157	65	19	115	56	12	18	-30	-28	-30	-25	-96	-77	-15	-13	92	38	4	77	46	276	93	65	-7	-164	-16	43	143	-20	41	55	-42	137	229	197	241	157	122	86	147	155	167	0	0	0
Inventories
-3	-4	59	154	223	197	0	0	0	-	-	-67	-77	-80	-76	-27	22	118	173	-47	32	143	-188	103	101	49	405	335	238	129	179	201	326	315	158	75	-53	-20	38	94	240	60	0	0	0
Accounts payable and accrued liabilities
13	-212	-157	-130	-172	60	15	14	170	11	93	34	-21	-197	-104	10	104	236	144	107	-65	-37	64	85	196	175	266	98	29	40	-94	-7	-55	98	-26	54	-8	26	70	57	148	-55	0	0	0
Restructuring payments
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business optimization payments
-	-	-	-	-	-	-	-	-	-	159	177	173	164	147	118	104	89	100	78	98	124	98	125	113	94	138	172	225	283	315	363	371	347	0	0	0	-	-	-	119	75	0	0	0
Other
-154	-152	-149	-101	-114	-99	-227	-216	-198	-227	-126	-66	136	90	-27	-187	-470	-364	-99	-95	-23	-17	-35	7	68	-26	-452	-362	-336	-193	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from operations – continuing operations
2,250	2,110	1,990	1,745	1,704	2,017	1,695	1,815	1,971	1,730	2,029	1,990	2,004	1,624	1,434	1,331	1,107	1,253	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from operations – discontinued operations
-2	-6	0	0	0	-	-	-	-	-16	7	-27	172	30	231	57	235	518	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, including pension contributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	177	161	413	59	0	0	0
Cash flows from operations
2,248	2,104	1,984	1,739	1,698	2,017	1,699	1,848	1,972	1,714	2,036	1,963	2,176	1,654	1,665	1,388	1,342	1,771	2,190	2,849	2,752	3,215	3,155	3,207	3,371	3,198	3,060	2,841	3,046	3,106	3,053	3,228	2,892	2,817	2,860	2,944	3,095	3,003	3,054	2,923	2,951	2,909	0	0	0
Cash flows from investing activities
Capital expenditures
675	696	711	686	697	659	659	648	648	616	610	646	658	719	772	839	881	911	959	505	718	925	293	911	835	706	1,436	1,297	1,214	1,161	1,079	1,055	1,001	960	907	904	931	963	1,079	1,094	1,073	1,014	0	0	0
Acquisitions and investments, net of cash acquired
752	418	199	151	158	268	261	878	899	686	681	42	21	48	54	68	60	34	82	-73	43	95	-59	3,762	3,665	3,673	3,792	223	245	515	856	767	913	590	274	267	99	319	0	0	0	-	-	-	-
Other investing activities, net
4	14	0	0	0	-	-	-	-	10	22	28	46	37	45	77	83	84	64	23	7	99	108	115	117	31	207	191	160	107	0	0	0	-	-	-	-	-	-	-	-	24	0	0	0
Cash flows from investing activities – continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-730	-781	-830	-858	-861	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from investing activities – discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	15	13	13	-380	-946	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from investing activities
-1,403	-1,100	-895	-825	-843	-916	-904	-1,518	-1,549	-1,292	-1,267	-658	-631	-715	-768	-817	-1,238	-1,807	-1,572	-1,976	-1,928	-1,542	-2,112	-5,572	-5,397	-5,362	-5,193	-1,477	-1,385	-1,569	-1,832	-1,731	-1,748	-1,427	-1,057	-1,047	-1,012	-1,264	-1,366	-1,370	-1,414	-1,146	0	0	0
Cash flows from financing activities
Issuances of debt
2,901	1,661	0	0	0	-	-	-	-	-	-	-	-	1,641	1,641	182	6,029	6,868	6,868	6,754	909	41	179	181	3,660	3,636	3,513	4,514	1,033	1,037	1,524	514	516	506	52	58	58	658	620	1,115	1,116	872	0	0	0
Payments of debt and capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	1,381	1,446	3,075	3,188	3,786	4,226	1,447	1,137	1,029	540	762	749	540	530	321	320	22	32	21	23	23	555	557	557	567	27	33	48	199	0	0	0
Net increase in debt obligations with original maturities of three months or less
0	-	-	-	0	-	-	-	-	-	-	-	-	-300	-425	781	-486	-575	0	0	0	-	-	-	-	-	-	-	0	-250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends on common stock
433	423	412	401	390	376	361	347	332	315	299	283	275	268	260	472	691	910	1,129	1,128	1,111	1,095	1,079	1,064	1,043	1,023	1,003	920	862	804	733	725	717	709	703	698	694	688	676	662	646	632	0	0	0
Proceeds from stock issued under employee benefit plans
0	-	-	-	349	258	281	317	318	347	333	318	313	286	270	242	229	193	223	239	279	369	360	416	450	508	673	673	547	512	350	324	475	448	517	450	686	381	939	820	349	381	0	0	0
Purchases of treasury stock
673	1,270	2,453	2,391	2,527	2,452	1,317	1,250	1,035	564	0	0	0	-	-	-	-	-	-	-	-	550	550	646	629	913	1,278	1,237	1,439	1,480	1,235	1,428	1,521	1,583	1,593	1,456	1,655	1,453	1,523	1,462	1,085	1,216	0	0	0
Other financing activities, net
-41	-48	-50	-46	-47	-33	-28	-33	-31	-40	-36	-35	-19	6	9	2	-12	-35	-53	-42	-42	-13	3	3	4	-23	-31	-30	-126	-108	-108	-114	-27	-26	-23	-29	-19	-47	0	0	0	-	-	-	-
Cash flows from financing activities
1,430	498	-894	-827	-1,820	-2,603	-1,393	-1,281	-415	93	111	-119	-871	-324	-272	-4,576	-355	-481	-528	4,126	-166	-1,402	-1,277	-1,722	1,393	1,645	1,344	2,304	-1,167	-1,115	-309	-1,075	-997	-1,137	-2,230	-2,232	-2,523	-1,716	-1,307	-880	-500	-1,012	0	0	0
Effect of foreign exchange rate changes on cash and cash equivalents
-67	-5	-49	-19	-89	-63	-41	15	105	102	40	1	-27	-27	2	-45	-68	-195	-198	-185	-177	-79	-64	-36	-7	-18	-26	-32	-77	-57	-59	-87	-43	-33	-23	53	-65	-124	-164	-175	-67	-96	0	0	0
Increase in cash and cash equivalents
2,208	1,497	146	68	-1,054	-1,565	-639	-936	113	617	920	1,187	647	588	627	-4,050	-319	-712	-108	4,814	481	192	-298	-4,123	-640	-537	-815	3,636	417	365	853	335	104	220	-450	-282	-505	-101	217	498	970	655	0	0	0
Non-cash investing and financing activities
Decrease in liabilities for capital expenditures
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds on Retained Shares transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	4,387	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of obligations in exchange for Retained Shares
-	-	-	-	-	-	-	-	-	-	-	-	-	3,646	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other supplemental information
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	466	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-