| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||||||||||
Net income | ||||||||||||||||||||
100,000 | -317,000 | 76,000 | 95,000 | 94,000 | 142,000 | 275,000 | 282,000 | 297,000 | 228,000 | 207,000 | 161,000 | 151,000 | -230,000 | 204,000 | -18,000 | 51,000 | -86,000 | -29,000 | -18,000 | 43,000 |
Adjustments to reconcile net income to cash provided by (used for) operating activities: | ||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||
79,000 | 79,000 | 78,000 | 78,000 | 76,000 | 71,000 | 71,000 | 72,000 | 70,000 | 69,000 | 62,000 | 71,000 | 71,000 | 72,000 | 73,000 | 73,000 | 66,000 | 66,000 | 70,000 | 67,000 | 64,000 |
Gain on sales of assets and businesses | ||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 3,000 | 42,000 | 8,000 | 0 | -2,000 | 16,000 | -4,000 | 170,000 | -1,000 | 89,000 | -9,000 | 0 | 0 | 0 |
Equity in earnings of affiliates, net | ||||||||||||||||||||
4,000 | -21,000 | 9,000 | 8,000 | 7,000 | -22,000 | 10,000 | 11,000 | -17,000 | 7,000 | 9,000 | 10,000 | 7,000 | -5,000 | 8,000 | 4,000 | 5,000 | - | 7,000 | 8,000 | 3,000 |
Amortization of debt issuance costs and issue discounts | ||||||||||||||||||||
2,000 | 2,000 | 2,000 | 2,000 | 3,000 | 2,000 | 2,000 | 4,000 | 3,000 | 3,000 | 3,000 | 4,000 | 3,000 | 1,000 | 4,000 | 3,000 | 8,000 | 3,000 | 3,000 | 2,000 | 0 |
Deferred tax benefit | ||||||||||||||||||||
-43,000 | -148,000 | -19,000 | 9,000 | -7,000 | 20,000 | -35,000 | 3,000 | 35,000 | 30,000 | 15,000 | 33,000 | 5,000 | -82,000 | 7,000 | -46,000 | 10,000 | -112,000 | -55,000 | -42,000 | 11,000 |
Asset-related charges | ||||||||||||||||||||
1,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Stock-based compensation expense | ||||||||||||||||||||
8,000 | 1,000 | 4,000 | 6,000 | 8,000 | 4,000 | 5,000 | 6,000 | 9,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Net periodic pension cost | ||||||||||||||||||||
3,000 | 377,000 | 3,000 | 0 | 1,000 | -11,000 | 0 | -4,000 | -3,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Defined benefit plan contributions | ||||||||||||||||||||
8,000 | 4,000 | 2,000 | 7,000 | 6,000 | 3,000 | 4,000 | 4,000 | 4,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Other operating charges and credits, net | ||||||||||||||||||||
3,000 | 0 | -3,000 | -3,000 | 4,000 | 4,000 | -6,000 | -4,000 | -1,000 | -14,000 | 13,000 | 3,000 | 10,000 | 29,000 | 19,000 | 1,000 | 13,000 | -10,000 | 15,000 | -9,000 | 11,000 |
Decrease (increase) in operating assets: | ||||||||||||||||||||
Accounts and notes receivable, net | ||||||||||||||||||||
11,000 | -159,000 | -48,000 | 32,000 | -16,000 | -134,000 | -88,000 | 25,000 | 150,000 | -22,000 | -60,000 | 67,000 | 103,000 | -68,000 | -29,000 | 52,000 | 40,000 | -314,000 | 45,000 | 107,000 | 98,000 |
Inventories and other operating assets | ||||||||||||||||||||
42,000 | -162,000 | -24,000 | 21,000 | 49,000 | 130,000 | 80,000 | 56,000 | 18,000 | 55,000 | 48,000 | 12,000 | 31,000 | -34,000 | -28,000 | -67,000 | -18,000 | -48,000 | -39,000 | -20,000 | 88,000 |
(Decrease) increase in operating liabilities: | ||||||||||||||||||||
Accounts payable and other operating liabilities | ||||||||||||||||||||
-44,000 | 36,000 | 82,000 | -110,000 | -177,000 | 0 | 36,000 | 45,000 | -17,000 | 66,000 | -192,000 | -4,000 | -42,000 | 360,000 | -34,000 | 2,000 | 4,000 | 165,000 | -69,000 | 100,000 | -178,000 |
Cash provided by (used for) operating activities | ||||||||||||||||||||
44,000 | 400,000 | 288,000 | 6,000 | -44,000 | 259,000 | 342,000 | 343,000 | 196,000 | 303,000 | 112,000 | 184,000 | 41,000 | 270,000 | 198,000 | 90,000 | 36,000 | 302,000 | 113,000 | 5,000 | -238,000 |
Cash flows from investing activities | ||||||||||||||||||||
Purchases of property, plant, and equipment | ||||||||||||||||||||
106,000 | 96,000 | 128,000 | 124,000 | 133,000 | 154,000 | 116,000 | 126,000 | 102,000 | 165,000 | 108,000 | 69,000 | 69,000 | 103,000 | 67,000 | 79,000 | 89,000 | 127,000 | 105,000 | 150,000 | 137,000 |
Proceeds from sales of assets and businesses, net | ||||||||||||||||||||
- | - | - | - | - | 0 | 5,000 | 2,000 | 39,000 | 0 | 1,000 | 29,000 | 9,000 | 1,000 | 557,000 | 10,000 | 140,000 | 4,000 | 0 | 0 | 8,000 |
Investments in affiliates | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 2,000 | 30,000 |
Foreign exchange contract settlements, net | ||||||||||||||||||||
6,000 | 2,000 | 0 | -1,000 | 1,000 | 6,000 | -14,000 | 11,000 | -5,000 | 3,000 | -3,000 | -5,000 | 3,000 | 11,000 | 1,000 | -1,000 | 1,000 | 19,000 | -73,000 | 12,000 | 0 |
Cash used for investing activities | ||||||||||||||||||||
-112,000 | -96,000 | -131,000 | -122,000 | -134,000 | -160,000 | -97,000 | -172,000 | -58,000 | -168,000 | -104,000 | -35,000 | -63,000 | -112,000 | 487,000 | -68,000 | 50,000 | -142,000 | -32,000 | -164,000 | -159,000 |
Cash flows from financing activities | ||||||||||||||||||||
Proceeds from accounts receivable securitization facility | ||||||||||||||||||||
12,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt repayments | ||||||||||||||||||||
128,000 | 22,000 | 9,000 | 3,000 | 3,000 | 4,000 | 3,000 | 668,000 | 4,000 | 3,000 | 4,000 | 16,000 | 4,000 | 169,000 | 117,000 | 86,000 | 9,000 | 4,000 | 6,000 | 0 | 0 |
Payments of debt issuance costs | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 2,000 | 0 | 0 | 2,000 | 0 | 2,000 | 77,000 | 0 |
Payments on finance leases | ||||||||||||||||||||
1,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of treasury stock, at cost | ||||||||||||||||||||
0 | 0 | 0 | 67,000 | 255,000 | 124,000 | 126,000 | 154,000 | 240,000 | 106,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net transfers to DuPont | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | -3,254,000 | 397,000 |
Proceeds from exercised stock options, net | ||||||||||||||||||||
5,000 | 1,000 | 0 | 2,000 | 6,000 | 1,000 | 2,000 | 8,000 | 5,000 | 1,000 | 4,000 | 6,000 | 20,000 | 11,000 | 0 | 0 | 0 | - | - | - | - |
Payments related to tax withholdings on vested stock awards | ||||||||||||||||||||
2,000 | 0 | 0 | 0 | 30,000 | 1,000 | 10,000 | 5,000 | 1,000 | 2,000 | 10,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Payments of dividends | ||||||||||||||||||||
41,000 | 40,000 | 41,000 | 41,000 | 42,000 | 42,000 | 45,000 | 30,000 | 31,000 | 6,000 | 5,000 | 6,000 | 5,000 | 6,000 | 5,000 | 6,000 | 5,000 | 5,000 | 100,000 | 0 | 0 |
Cash used for financing activities | ||||||||||||||||||||
-155,000 | -59,000 | -77,000 | 41,000 | -324,000 | -170,000 | -182,000 | -370,000 | -271,000 | -115,000 | -15,000 | 471,000 | 11,000 | -166,000 | -122,000 | -92,000 | -16,000 | -8,000 | -108,000 | 406,000 | 397,000 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||||||||||
-6,000 | 4,000 | -16,000 | 8,000 | -2,000 | -3,000 | -5,000 | -18,000 | 11,000 | 1,000 | 13,000 | 11,000 | 7,000 | -47,000 | 11,000 | 18,000 | -1,000 | -1,000 | -5,000 | 0 | 0 |
Decrease in cash and cash equivalents | ||||||||||||||||||||
-229,000 | 249,000 | 64,000 | -67,000 | -504,000 | -74,000 | 58,000 | -217,000 | -122,000 | 21,000 | 6,000 | 631,000 | -4,000 | -55,000 | 574,000 | -52,000 | 69,000 | 151,000 | -32,000 | 247,000 | 0 |
Non-cash investing and financing activities: | ||||||||||||||||||||
Changes in property, plant, and equipment included in accounts payable | ||||||||||||||||||||
37,000 | 17,000 | 93,000 | -14,000 | -11,000 | 25,000 | 13,000 | 0 | -1,000 | 2,000 | -11,000 | -19,000 | 14,000 | -21,000 | -1,000 | 7,000 | 3,000 | 87,000 | -7,000 | -35,000 | 0 |
Obligations incurred under build-to-suit lease arrangement | ||||||||||||||||||||
0 | 5,000 | 5,000 | 13,000 | 17,000 | 6,000 | 15,000 | 15,000 | 11,000 | 8,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Tax payments accrued for withholdings on vested restricted stock units | ||||||||||||||||||||
- | - | - | - | - | - | - | - | 4,000 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Purchases of treasury stock not settled by period-end | ||||||||||||||||||||
0 | - | - | - | 6,000 | - | - | - | 15,000 | - | - | - | 0 | - | - | - | - | - | - | - | - |