CONAGRA BRANDS, INC. CAG Cash Flow

Conagra brands, inc. (CAG)

CashFlow / TTM

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10	Nov'09	Aug'09	May'09	Feb'09	Nov'08	Aug'08
Cash flows from operating activities:
Net income
765,700	803,600	674,500	678,400	623,500	744,600	836,700	811,800	893,400	709,900	611,300	648,000	617,000	643,100	676,500	-665,900	-575,300	-1,734,300	-1,877,700	-240,800	-773,700	415,900	652,400	315,100	830,500	717,000	681,100	786,100	508,600	665,900	632,500	474,400	814,100	748,500	767,200	819,400	541,100	554,700	592,100	611,000	808,000	772,500	701,800	979,000	0	0	0
Loss from discontinued operations, net of tax
-	-	-	-	-	-	-	14,300	12,900	-900	10,300	102,000	341,200	475,400	616,800	-794,400	-745,900	-2,044,400	-2,400,200	-692,100	-1,354,800	-144,100	64,400	-310,100	155,200	108,600	101,900	87,700	5,500	5,000	6,000	6,500	-4,400	-15,000	-14,400	-11,500	-37,600	-19,300	-18,500	-19,300	42,500	36,200	31,200	363,800	0	0	0
Income from continuing operations
-	-	-	-	-	-	-	797,500	880,500	710,800	601,000	546,000	275,800	167,700	59,700	128,500	170,600	310,100	522,500	451,300	581,100	560,000	588,000	625,200	675,300	608,400	579,200	698,400	503,100	660,900	626,500	467,900	818,500	763,500	781,600	830,900	578,700	574,000	610,600	630,300	765,500	736,300	670,600	615,200	0	0	0
Adjustments to reconcile net income to net cash flows from operating activities:
Depreciation and amortization
392,900	386,100	366,000	333,000	296,200	268,300	256,000	257,000	261,600	263,500	265,500	268,000	267,700	270,800	254,000	278,500	211,400	234,400	280,300	284,600	210,900	253,600	310,800	354,600	548,000	525,700	467,200	418,600	391,900	369,700	370,600	370,900	373,700	373,200	366,600	360,900	347,400	338,800	331,100	324,100	309,200	309,500	307,500	304,900	0	0	0
Gain on sale of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	19,700	0	0	0
Asset impairment charges
204,300	197,400	160,300	93,800	8,300	8,200	9,200	14,700	130,800	140,200	185,200	343,300	276,100	272,800	226,100	62,600	19,700	30,300	35,300	36,000	109,100	111,500	118,100	118,900	34,900	30,400	22,000	20,200	20,500	5,800	1,800	8,600	0	0	0	-	-	-	-	64,400	0	0	0	-	-	-	-
Loss (gain) on divestiture
54,000	54,700	54,400	69,400	13,200	13,200	13,300	0	0	-100	-800	197,400	197,400	197,500	198,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0
Insurance recoveries recognized related to Garner accident
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-109,400	-15,200	-18,900	-25,700	-58,100	0	0	0	-	-	-	-
Receipts from insurance carriers related to Garner accident
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-64,500	0	0	0	-	-	-	-	-	-	-	-
Loss on sale of fixed assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings of affiliates in excess of distributions
13,200	8,800	17,600	20,800	5,100	10,300	7,800	34,800	34,500	30,200	26,100	3,000	37,000	7,500	-1,300	25,700	-46,300	-10,700	9,600	100	40,400	40,100	12,600	-13,600	2,600	5,000	11,100	11,700	18,400	11,800	14,200	17,600	30,900	27,000	17,900	13,100	-7,000	2,400	4,100	8,500	26,200	16,300	15,500	17,400	0	0	0
Stock-settled share-based payments expense
40,200	36,000	32,500	33,700	33,700	38,900	41,100	37,900	34,700	35,500	36,800	36,100	40,400	43,400	40,100	41,800	19,900	17,400	28,000	33,300	42,200	45,300	42,300	44,800	59,700	71,300	70,900	67,000	59,400	45,200	42,600	41,800	45,500	46,500	48,700	44,800	48,800	51,800	52,200	55,800	54,100	49,800	45,300	45,900	0	0	0
Non-cash interest income on payment-in-kind notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	65,400	66,600	67,900	120,800	111,500	73,500	41,100	0	0	0
Contributions to pension plans
14,200	14,200	13,900	14,700	314,400	314,400	313,000	312,600	162,900	163,200	163,800	163,000	12,000	11,400	11,800	11,500	12,600	12,700	12,600	12,700	14,000	14,200	16,600	18,300	18,800	19,800	20,500	19,800	264,100	265,000	327,200	326,400	90,700	88,900	22,300	129,400	218,600	217,500	230,000	122,600	0	0	0	-	-	-	-
Pension benefit
-27,500	-22,100	-21,500	-22,700	-38,400	-48,400	-50,400	-56,100	-43,900	-22,300	-23,600	-21,400	328,100	345,400	347,700	358,100	5,000	-19,000	-13,400	-15,700	-1,100	-1,000	-1,000	-900	300	7,600	15,200	23,500	419,700	420,800	421,700	421,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other items
-1,000	700	2,300	12,300	22,400	-15,300	-32,100	-34,000	-21,900	14,500	28,400	34,600	53,800	91,200	67,400	53,600	34,800	-3,700	-400	24,700	-4,900	100	11,700	-19,500	29,100	-3,000	-15,900	-9,200	-41,600	2,400	8,600	-5,600	-284,300	-114,200	-76,000	-36,300	180,600	-3,500	-19,100	-25,400	70,500	77,600	43,200	12,800	0	0	0
Change in operating assets and liabilities excluding effects of business acquisitions and dispositions:
Receivables
-2,100	10,900	8,500	69,100	87,300	81,400	9,900	4,700	-29,400	-44,100	-76,200	-104,700	8,000	107,400	78,100	156,800	49,900	-78,500	-21,000	-68,300	-77,300	-75,400	-3,400	-50,400	47,400	76,100	-14,000	52,200	-37,600	-1,000	-23,100	4,200	29,000	64,300	58,100	-2,800	21,200	66,400	18,200	90,100	45,700	96,500	100,100	-74,800	0	0	0
Inventories
39,600	76,800	4,900	-78,000	-40,000	7,500	39,500	62,800	1,500	-25,000	-68,200	-123,300	-166,200	-198,900	-95,900	-66,100	-116,600	-162,800	84,300	63,300	69,500	-1,900	-87,800	-7,300	-122,700	-4,100	-32,000	-56,100	47,400	87,900	119,500	-16,900	49,600	66,400	54,500	190,700	144,300	44,200	-16,800	-199,600	228,500	495,600	128,500	47,000	0	0	0
Deferred income taxes and income taxes payable, net
-11,100	-42,800	-10,400	-83,700	-60,000	66,900	72,200	-10,500	93,500	35,900	30,900	-52,300	-30,700	-18,800	53,700	264,900	141,400	74,500	-66,300	-45,200	-56,000	11,900	-44,000	-75,200	-104,100	-235,800	-27,300	-126,400	30,500	94,600	-57,700	6,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
13,700	4,900	11,100	19,100	11,300	18,100	14,400	-3,200	-1,300	-14,900	-13,300	-15,000	-10,800	-13,300	5,000	-10,800	-42,700	51,300	21,500	19,000	25,500	34,800	-14,600	-500	8,100	-32,300	-20,000	13,300	19,300	-59,400	25,400	-5,500	-17,000	85,400	32,900	-7,900	89,100	-10,500	-33,700	20,000	-347,700	-195,500	-252,600	-170,800	0	0	0
Accounts payable
170,200	206,500	82,100	38,200	28,100	51,600	127,500	144,900	158,900	131,600	82,300	71,000	-400	-36,400	-113,600	-118,300	-94,900	-245,500	-35,100	-15,500	-76,800	-53,400	4,300	-3,200	22,900	62,200	28,900	18,300	28,100	-39,000	26,700	82,300	131,700	324,900	212,800	185,000	143,700	150,500	197,600	73,900	62,500	-99,700	-196,100	17,500	0	0	0
Accrued payroll
-30,900	-40,600	-7,500	100	13,900	30,500	-5,900	-8,000	-11,800	3,400	-3,300	-52,400	-26,800	-24,900	3,000	68,900	37,000	11,300	-27,300	60,300	67,700	61,400	55,700	-93,800	-97,800	9,600	17,100	104,200	89,500	23,800	16,700	48,400	23,000	11,800	-5,700	-139,200	-88,300	-59,100	-15,900	96,900	87,800	35,500	28,200	-61,300	0	0	0
Other accrued liabilities
-82,900	-87,900	49,600	-9,400	26,900	-35,300	-23,700	-32,200	-35,300	-85,100	-134,600	-114,900	-106,600	-59,300	55,600	54,300	51,500	48,000	-29,600	-62,300	-67,200	-100,200	-112,900	-31,800	-12,000	-48,400	-69,300	-66,700	-90,300	-5,100	-1,500	-11,000	-72,000	-69,000	-80,500	14,400	64,500	49,500	39,300	59,600	147,200	51,600	2,000	-49,300	0	0	0
Net cash flows from operating activities — continuing operations
-	-	-	-	-	-	-	919,700	1,140,100	1,079,600	1,068,700	1,135,500	1,154,700	1,069,500	769,900	625,500	536,200	569,900	743,300	839,700	811,800	850,800	1,134,700	1,120,200	1,475,700	1,445,600	1,188,500	1,370,300	1,049,000	1,037,700	1,060,300	1,044,700	1,185,000	1,513,300	1,547,800	1,340,000	1,229,500	1,059,700	1,258,100	1,430,000	1,679,600	1,550,300	1,057,700	979,800	0	0	0
Net cash flows from operating activities — discontinued operations
-	-	-	-	-	-	-	34,500	25,900	-30,900	-88,400	34,700	212,400	379,800	722,100	633,700	966,500	869,100	620,800	664,900	529,300	579,800	501,400	448,400	122,800	43,700	65,900	41,900	5,300	3,000	500	7,300	6,800	9,800	10,800	12,300	76,600	74,900	60,800	42,700	-72,800	-153,400	-233,600	-855,800	0	0	0
Net cash flows from operating activities
1,275,700	1,291,100	1,237,800	1,125,500	868,200	795,400	912,900	954,200	1,166,000	1,048,700	980,300	1,170,200	1,367,100	1,449,300	1,492,000	1,259,200	1,502,700	1,439,000	1,364,100	1,504,600	1,341,100	1,430,600	1,636,100	1,568,600	1,598,500	1,489,300	1,254,400	1,412,200	1,054,300	1,040,700	1,060,800	1,052,000	1,191,800	1,523,100	1,558,600	1,352,300	1,306,100	1,134,600	1,318,900	1,472,700	1,606,800	1,396,900	824,100	124,000	0	0	0
Cash flows from investing activities:
Additions to property, plant and equipment
382,300	403,500	373,600	353,100	311,800	261,500	295,100	251,600	259,500	247,200	226,600	242,100	264,900	285,400	234,000	277,500	167,000	189,300	247,700	236,500	226,500	286,500	377,500	461,100	611,800	575,700	498,200	422,600	382,600	354,300	338,500	335,700	358,100	415,700	432,700	466,200	469,900	453,500	494,000	482,300	467,400	447,600	440,000	428,900	0	0	0
Sale of property, plant and equipment
12,500	10,600	6,300	22,500	19,200	18,800	21,200	8,000	8,200	8,800	15,200	13,200	28,800	30,800	24,800	35,700	4,000	13,900	11,100	0	40,400	30,200	38,100	40,000	25,400	26,200	19,800	18,000	9,800	7,900	7,800	9,700	25,200	11,500	21,700	18,900	85,200	99,200	88,000	88,400	3,000	5,200	6,300	17,700	0	0	0
Purchase of marketable securities
98,900	88,800	77,900	61,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of marketable securities
95,300	82,100	70,400	52,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of businesses, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,700	74,700	75,700	115,300	39,900	41,000	4,789,800	4,750,200	5,018,800	0	0	0	-	-	-	-	131,100	231,500	236,500	230,200	103,500	3,000	7,000	52,900	80,300	0	0	0
Proceeds from divestitures, net of cash divested
440,700	388,300	251,200	281,500	32,200	32,200	30,300	0	0	-100	2,700	489,000	489,000	489,100	486,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	29,700	0	0	0
Purchase of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,400	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Other items
-11,100	-7,600	-7,800	-11,100	-300	-4,600	-4,600	-4,500	0	0	0	-	-	-	-	-	-	-	-	100	0	0	-402,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,900	0	0	0
Receipts from insurance carriers related to Garner accident
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	18,000	0	0	0	-	-	-	-	-	-	-	-
Net cash flows from investing activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-60,300	144,800	126,300	277,400	-251,900	-119,200	-130,900	-203,900	134,100	130,600	59,400	-51,800	-461,000	-631,900	-5,344,100	-5,234,900	-5,429,700	0	0	0	-	-	-	-	-165,900	-97,200	-454,500	-488,300	-352,000	-427,700	-438,000	-485,300	-459,900	0	0	0
Net cash flows from investing activities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-123,700	-162,600	2,388,300	2,347,400	2,379,300	2,201,800	-380,300	-294,800	-175,700	-60,400	-53,300	29,500	-70,500	-2,400	19,900	-43,200	-36,100	0	0	0	-	-	-	-	254,800	239,500	237,900	240,700	-3,300	-4,800	2,600	2,800	2,251,100	0	0	0
Net cash flows from investing activities
78,400	-3,700	-5,235,000	-5,166,000	-5,379,300	-5,412,600	-576,100	-576,200	-796,400	-700,300	-594,500	-184,000	-17,800	2,514,600	2,624,800	2,127,400	2,082,600	-511,200	-498,700	-41,600	70,200	6,100	-22,300	-531,500	-634,300	-5,324,200	-5,278,100	-5,465,800	-5,764,600	-1,298,600	-1,280,300	-1,064,300	-692,900	-36,500	-54,000	88,900	142,300	-216,600	-247,600	-355,300	-432,500	-435,400	-482,500	1,791,200	0	0	0
Cash flows from financing activities:
Net short-term borrowings (repayments)
900	-400	-249,100	-277,300	-353,300	-67,200	-19,400	249,100	348,500	60,400	312,900	14,300	-11,100	-175,000	1,000	9,500	-411,000	-352,900	-539,500	-137,400	280,200	300,900	266,900	-43,200	144,600	233,700	10,200	145,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-578,300	0	0	0
Issuance of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	550,000	550,000	550,000	550,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term debt
1,121,500	1,122,300	4,178,500	3,972,700	0	0	0	-	-	-	-	1,064,500	1,065,600	2,824,500	3,074,600	2,523,200	2,520,100	256,700	7,200	1,491,400	1,989,100	2,007,600	2,053,500	569,100	1,233,400	2,090,500	2,059,400	2,074,000	919,800	49,700	378,000	363,600	358,200	353,100	258,400	294,300	295,100	296,100	51,500	15,800	967,000	967,200	976,600	1,015,700	0	0	0
Debt issuance costs and bridge financing fees
0	8,200	60,100	95,200	95,300	87,400	38,100	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of intangible asset financing arrangement
13,600	13,600	13,600	14,000	14,000	14,000	14,000	14,400	14,400	14,400	14,400	14,900	14,900	14,900	14,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of Conagra Brands, Inc. common shares
-	-	-	-	-	-	-	967,300	1,265,400	1,409,900	1,214,400	1,000,000	594,600	170,100	85,600	0	0	0	0	-	-	-	-	100,000	100,000	106,400	200,900	245,000	0	0	0	-	-	-	-	825,000	0	0	0	-	-	-	-	900,000	0	0	0
Cash dividends paid
413,300	396,600	376,500	356,200	337,600	337,000	342,000	342,300	343,800	367,200	388,800	415,000	437,900	436,900	434,900	432,500	430,500	428,500	426,800	425,200	423,600	422,200	421,600	420,900	419,600	415,800	407,600	400,700	396,400	394,200	392,200	388,600	386,600	387,800	380,300	374,500	365,500	353,900	350,200	346,700	342,900	339,200	341,100	348,200	0	0	0
Exercise of stock options and issuance of other stock awards, including tax withholdings
10,000	4,600	900	1,600	-2,200	7,200	10,100	14,900	20,200	30,400	43,600	73,800	110,400	136,600	147,400	208,400	180,600	193,800	196,300	129,800	130,100	88,600	67,900	103,700	164,600	241,800	326,500	274,400	211,100	227,300	168,300	213,200	229,000	126,900	104,500	59,700	66,000	88,000	79,700	54,700	18,700	-11,700	-13,800	6,100	0	0	0
Other items
500	1,500	2,500	600	0	0	0	-	-	-	0	-	-	-	-	-	-	-	2,200	-2,300	-17,000	-12,200	-10,900	-4,500	800	2,300	3,300	3,000	0	0	0	-	-	-	-	2,100	3,700	2,300	4,400	3,900	-500	8,900	-1,800	-1,100	0	0	0
Net cash flows from financing activities - continuing operations
-	-	-	-	-	-	-	-	-	-	-	-2,408,200	-2,007,000	-3,476,200	-3,451,600	-2,729,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,432,000	-1,353,300	-859,700	-517,600	-403,900	-483,100	-611,800	-336,200	-1,827,100	0	0	0
Net cash flows from financing activities - discontinued operations
-	-	-	-	-	-	-	-	-	-	-	839,100	839,800	828,900	-7,100	-4,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-100	-200	-300	-500	-600	-400	-300	-100	100	0	0	0
Net cash flows from financing activities
-1,540,200	-1,538,400	3,988,600	4,149,800	4,666,500	4,980,300	-509,400	-506,900	-930,100	-1,718,700	-938,500	-1,569,100	-1,167,200	-2,647,300	-3,458,700	-2,733,200	-3,216,400	-911,000	-852,700	-1,454,200	-1,506,300	-1,502,800	-1,670,400	-1,034,100	-1,443,100	3,552,400	4,102,400	4,133,000	4,829,200	22,700	-755,300	-849,600	-774,500	-1,320,700	-1,256,800	-1,432,100	-1,353,500	-860,000	-518,100	-404,500	-483,500	-612,100	-336,300	-1,827,000	0	0	0
Effect of exchange rate changes on cash and cash equivalents and restricted cash
2,900	700	-1,500	-700	-6,100	-4,800	-4,000	5,500	9,800	11,800	9,500	-200	-1,100	-2,500	-400	-2,000	-3,600	-10,300	-9,500	-8,800	-6,900	-4,700	-3,900	-3,800	-5,700	-1,600	-1,000	1,500	700	5,500	-3,900	-7,500	-3,100	-4,600	6,500	10,100	2,400	-3,000	-2,000	-2,900	6,600	8,700	-12,000	-16,700	0	0	0
Net change in cash and cash equivalents and restricted cash
-183,200	-250,300	-10,100	108,600	149,300	358,300	-176,600	-123,400	-550,700	-1,358,500	-543,200	-583,100	181,000	1,314,100	657,700	651,400	365,300	6,500	3,200	0	-101,900	-70,800	-60,500	-800	-484,600	-284,100	77,700	80,900	119,600	-229,700	-978,700	-869,400	-278,700	161,300	254,300	19,200	97,300	55,000	551,200	710,000	697,400	358,100	-6,700	71,500	0	0	0