| 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 | ||||||||||||||||||||
-46,000 | -52,000 | 407,000 | 606,000 | 793,000 | 996,000 | 1,082,000 | 1,014,000 | 893,000 | 747,000 | 289,000 | 286,000 | 107,000 | 7,000 | 151,000 | -82,000 | -82,000 | -90,000 | 0 | 0 | 0 |
Adjustments to reconcile net income to cash provided by (used for) operating activities: | ||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||
314,000 | 311,000 | 303,000 | 296,000 | 290,000 | 284,000 | 282,000 | 273,000 | 272,000 | 273,000 | 276,000 | 287,000 | 289,000 | 284,000 | 278,000 | 275,000 | 269,000 | 267,000 | 0 | 0 | 0 |
Gain on sales of assets and businesses | ||||||||||||||||||||
- | - | - | - | - | 45,000 | 53,000 | 53,000 | 48,000 | 22,000 | 10,000 | 180,000 | 181,000 | 254,000 | 249,000 | 79,000 | 80,000 | -9,000 | 0 | 0 | 0 |
Equity in earnings of affiliates, net | ||||||||||||||||||||
0 | 3,000 | 2,000 | 3,000 | 6,000 | -18,000 | 11,000 | 10,000 | 9,000 | 33,000 | 21,000 | 20,000 | 14,000 | 12,000 | 0 | 0 | 2,000 | - | 0 | 0 | 0 |
Amortization of debt issuance costs and issue discounts | ||||||||||||||||||||
8,000 | 9,000 | 9,000 | 9,000 | 11,000 | 11,000 | 12,000 | 13,000 | 13,000 | 13,000 | 11,000 | 12,000 | 11,000 | 16,000 | 18,000 | 17,000 | 16,000 | 8,000 | 0 | 0 | 0 |
Deferred tax benefit | ||||||||||||||||||||
-201,000 | -165,000 | 3,000 | -13,000 | -19,000 | 23,000 | 33,000 | 83,000 | 113,000 | 83,000 | -29,000 | -37,000 | -116,000 | -111,000 | -141,000 | -203,000 | -199,000 | -198,000 | 0 | 0 | 0 |
Asset-related charges | ||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Stock-based compensation expense | ||||||||||||||||||||
19,000 | 19,000 | 22,000 | 23,000 | 23,000 | 24,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net periodic pension cost | ||||||||||||||||||||
383,000 | 381,000 | -7,000 | -10,000 | -14,000 | -18,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Defined benefit plan contributions | ||||||||||||||||||||
21,000 | 19,000 | 18,000 | 20,000 | 17,000 | 15,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Other operating charges and credits, net | ||||||||||||||||||||
-3,000 | -2,000 | 2,000 | -1,000 | -2,000 | -7,000 | -25,000 | -6,000 | 1,000 | 12,000 | 55,000 | 61,000 | 59,000 | 62,000 | 23,000 | 19,000 | 9,000 | 7,000 | 0 | 0 | 0 |
Decrease (increase) in operating assets: | ||||||||||||||||||||
Accounts and notes receivable, net | ||||||||||||||||||||
-164,000 | -191,000 | -166,000 | -206,000 | -213,000 | -47,000 | 65,000 | 93,000 | 135,000 | 88,000 | 42,000 | 73,000 | 58,000 | -5,000 | -251,000 | -177,000 | -122,000 | -64,000 | 0 | 0 | 0 |
Inventories and other operating assets | ||||||||||||||||||||
-123,000 | -116,000 | 176,000 | 280,000 | 315,000 | 284,000 | 209,000 | 177,000 | 133,000 | 146,000 | 57,000 | -19,000 | -98,000 | -147,000 | -161,000 | -172,000 | -125,000 | -19,000 | 0 | 0 | 0 |
(Decrease) increase in operating liabilities: | ||||||||||||||||||||
Accounts payable and other operating liabilities | ||||||||||||||||||||
-36,000 | -169,000 | -205,000 | -251,000 | -96,000 | 64,000 | 130,000 | -98,000 | -147,000 | -172,000 | 122,000 | 280,000 | 286,000 | 332,000 | 137,000 | 102,000 | 200,000 | 18,000 | 0 | 0 | 0 |
Cash provided by (used for) operating activities | ||||||||||||||||||||
738,000 | 650,000 | 509,000 | 563,000 | 900,000 | 1,140,000 | 1,184,000 | 954,000 | 795,000 | 640,000 | 607,000 | 693,000 | 599,000 | 594,000 | 626,000 | 541,000 | 456,000 | 182,000 | 0 | 0 | 0 |
Cash flows from investing activities | ||||||||||||||||||||
Purchases of property, plant, and equipment | ||||||||||||||||||||
454,000 | 481,000 | 539,000 | 527,000 | 529,000 | 498,000 | 509,000 | 501,000 | 444,000 | 411,000 | 349,000 | 308,000 | 318,000 | 338,000 | 362,000 | 400,000 | 471,000 | 519,000 | 0 | 0 | 0 |
Proceeds from sales of assets and businesses, net | ||||||||||||||||||||
- | - | - | - | - | 46,000 | 46,000 | 42,000 | 69,000 | 39,000 | 40,000 | 596,000 | 577,000 | 708,000 | 711,000 | 154,000 | 144,000 | 12,000 | 0 | 0 | 0 |
Investments in affiliates | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32,000 | 0 | 0 | 0 |
Foreign exchange contract settlements, net | ||||||||||||||||||||
7,000 | 2,000 | 6,000 | -8,000 | 4,000 | -2,000 | -5,000 | 6,000 | -10,000 | -2,000 | 6,000 | 10,000 | 14,000 | 12,000 | 20,000 | -54,000 | -41,000 | -42,000 | 0 | 0 | 0 |
Cash used for investing activities | ||||||||||||||||||||
-461,000 | -483,000 | -547,000 | -513,000 | -563,000 | -487,000 | -495,000 | -502,000 | -365,000 | -370,000 | -314,000 | 277,000 | 244,000 | 357,000 | 327,000 | -192,000 | -288,000 | -497,000 | 0 | 0 | 0 |
Cash flows from financing activities | ||||||||||||||||||||
Proceeds from accounts receivable securitization facility | ||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Debt repayments | ||||||||||||||||||||
162,000 | 37,000 | 19,000 | 13,000 | 678,000 | 679,000 | 678,000 | 679,000 | 27,000 | 27,000 | 193,000 | 306,000 | 376,000 | 381,000 | 216,000 | 105,000 | 19,000 | 10,000 | 0 | 0 | 0 |
Payments of debt issuance costs | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 4,000 | 2,000 | 4,000 | 81,000 | 79,000 | 0 | 0 | 0 |
Payments on finance leases | ||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Purchases of treasury stock, at cost | ||||||||||||||||||||
67,000 | 322,000 | 446,000 | 572,000 | 659,000 | 644,000 | 626,000 | 500,000 | 346,000 | 106,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Net transfers to DuPont | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -2,857,000 | 0 | 0 | 0 |
Proceeds from exercised stock options, net | ||||||||||||||||||||
8,000 | 9,000 | 9,000 | 11,000 | 17,000 | 16,000 | 16,000 | 18,000 | 16,000 | 31,000 | 41,000 | 37,000 | 31,000 | 11,000 | 0 | 0 | 0 | - | - | - | - |
Payments related to tax withholdings on vested stock awards | ||||||||||||||||||||
2,000 | 30,000 | 31,000 | 41,000 | 46,000 | 17,000 | 18,000 | 18,000 | 13,000 | 12,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Payments of dividends | ||||||||||||||||||||
163,000 | 164,000 | 166,000 | 170,000 | 159,000 | 148,000 | 112,000 | 72,000 | 48,000 | 22,000 | 22,000 | 22,000 | 22,000 | 22,000 | 21,000 | 116,000 | 110,000 | 105,000 | 0 | 0 | 0 |
Cash used for financing activities | ||||||||||||||||||||
-250,000 | -419,000 | -530,000 | -635,000 | -1,046,000 | -993,000 | -938,000 | -771,000 | 70,000 | 352,000 | 301,000 | 194,000 | -369,000 | -396,000 | -238,000 | -224,000 | 274,000 | 687,000 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | ||||||||||||||||||||
-10,000 | -6,000 | -13,000 | -2,000 | -28,000 | -15,000 | -11,000 | 7,000 | 36,000 | 32,000 | -16,000 | -18,000 | -11,000 | -19,000 | 27,000 | 11,000 | -7,000 | -6,000 | 0 | 0 | 0 |
Decrease in cash and cash equivalents | ||||||||||||||||||||
17,000 | -258,000 | -581,000 | -587,000 | -737,000 | -355,000 | -260,000 | -312,000 | 536,000 | 654,000 | 578,000 | 1,146,000 | 463,000 | 536,000 | 742,000 | 136,000 | 435,000 | 366,000 | 0 | 0 | 0 |
Non-cash investing and financing activities: | ||||||||||||||||||||
Changes in property, plant, and equipment included in accounts payable | ||||||||||||||||||||
133,000 | 85,000 | 93,000 | 13,000 | 27,000 | 37,000 | 14,000 | -10,000 | -29,000 | -14,000 | -37,000 | -27,000 | -1,000 | -12,000 | 96,000 | 90,000 | 48,000 | 45,000 | 0 | 0 | 0 |
Obligations incurred under build-to-suit lease arrangement | ||||||||||||||||||||
23,000 | 40,000 | 41,000 | 51,000 | 53,000 | 47,000 | 49,000 | 34,000 | 19,000 | 8,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Tax payments accrued for withholdings on vested restricted stock units | ||||||||||||||||||||
- | - | - | - | - | - | - | - | 0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Purchases of treasury stock not settled by period-end | ||||||||||||||||||||
0 | - | - | - | 0 | - | - | - | 0 | - | - | - | 0 | - | - | - | - | - | - | - | - |