| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | |||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||||
625,000 | 528,000 | 428,000 | 583,000 | 461,000 | 478,000 | 428,000 | 664,000 | 396,000 | 452,000 | 450,000 | 330,000 |
Adjustments to reconcile net income to net cash from operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
490,000 | 425,000 | 247,000 | 247,000 | 237,000 | 190,000 | 134,000 | 180,000 | 176,000 | 172,000 | 194,000 | 216,000 |
Restructuring and other | |||||||||||
-26,000 | 44,000 | 51,000 | 30,000 | 64,000 | 129,000 | 34,000 | 0 | 77,000 | 42,000 | 43,000 | 21,000 |
Goodwill, Impairment Loss | |||||||||||
25,000 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Provision for bad debts | |||||||||||
- | - | - | - | - | - | 41,000 | 0 | 2,000 | - | - | - |
Asset impairments and sales | |||||||||||
- | - | - | - | - | - | - | - | -6,000 | 18,000 | 6,000 | 6,000 |
Pension expense | |||||||||||
66,000 | 45,000 | 13,000 | 42,000 | 50,000 | 56,000 | 75,000 | 97,000 | 97,000 | 112,000 | 130,000 | 13,000 |
Pension contributions | |||||||||||
23,000 | 20,000 | 294,000 | 103,000 | 79,000 | 81,000 | 84,000 | 102,000 | 404,000 | 79,000 | 74,000 | 71,000 |
Stock-based compensation | |||||||||||
29,000 | 27,000 | 23,000 | 20,000 | 27,000 | 22,000 | 21,000 | 18,000 | 18,000 | 20,000 | 18,000 | 16,000 |
Deferred Income Tax Expense (Benefit) | |||||||||||
-35,000 | 35,000 | 247,000 | 16,000 | 25,000 | -81,000 | 50,000 | -101,000 | 83,000 | 52,000 | -81,000 | 23,000 |
Changes in assets and liabilities: | |||||||||||
Receivables | |||||||||||
-60,000 | 493,000 | 1,143,000 | 1,057,000 | 831,000 | -45,000 | 51,000 | 113,000 | 36,000 | 255,000 | -42,000 | 110,000 |
Inventories | |||||||||||
-61,000 | 201,000 | 65,000 | 85,000 | -60,000 | 62,000 | 45,000 | -21,000 | 119,000 | 119,000 | -50,000 | 23,000 |
Accounts payable and accrued liabilities | |||||||||||
-87,000 | 209,000 | 253,000 | 163,000 | 59,000 | 214,000 | 246,000 | -6,000 | 100,000 | 159,000 | -87,000 | 38,000 |
Asbestos liabilities | |||||||||||
- | - | - | - | - | - | - | - | - | -19,000 | -29,000 | 0 |
Working capital changes and other | |||||||||||
22,000 | 28,000 | 11,000 | -10,000 | -18,000 | -2,000 | -36,000 | 37,000 | 17,000 | -33,000 | -48,000 | 37,000 |
Net cash used for operating activities | |||||||||||
1,163,000 | 571,000 | -251,000 | -134,000 | 91,000 | 912,000 | 885,000 | 621,000 | 379,000 | 590,000 | 756,000 | 422,000 |
Cash flows from investing activities | |||||||||||
Capital expenditures | |||||||||||
432,000 | 462,000 | 498,000 | 473,000 | 354,000 | 328,000 | 275,000 | 324,000 | 401,000 | 320,000 | 180,000 | 174,000 |
Proceeds from sale of businesses, net of cash sold | |||||||||||
- | - | - | - | 33,000 | 22,000 | 10,000 | 0 | 4,000 | 7,000 | - | 0 |
Proceeds from sale of property, plant and equipment | |||||||||||
39,000 | 36,000 | 8,000 | 10,000 | 7,000 | 16,000 | 29,000 | 3,000 | 26,000 | 32,000 | 2,000 | 15,000 |
Beneficial interest in transferred receivables | |||||||||||
0 | 490,000 | 1,010,000 | 1,086,000 | 865,000 | - | - | - | - | - | - | - |
Insurance proceeds | |||||||||||
- | - | - | - | - | - | - | 48,000 | 0 | 0 | - | - |
Payments to Acquire Businesses, Net of Cash Acquired | |||||||||||
11,000 | 3,912,000 | 0 | 0 | 1,207,000 | 733,000 | 16,000 | 78,000 | 0 | 0 | - | - |
Payments for (Proceeds from) Derivative Instrument, Investing Activities | |||||||||||
0 | 25,000 | 0 | 0 | - | - | - | - | - | - | - | - |
Net investment hedge | |||||||||||
-23,000 | -34,000 | 0 | 0 | 11,000 | 0 | 0 | - | - | - | - | - |
Acquisition of business | |||||||||||
- | - | - | - | - | - | - | - | - | - | -22,000 | 0 |
Payments for (Proceeds from) Other Investing Activities | |||||||||||
-7,000 | 4,000 | 24,000 | -10,000 | 10,000 | -2,000 | -6,000 | 11,000 | 1,000 | 0 | - | 27,000 |
Net cash used for investing activities | |||||||||||
-374,000 | -3,843,000 | 496,000 | 633,000 | -677,000 | -1,021,000 | -246,000 | -362,000 | -372,000 | -281,000 | -200,000 | -186,000 |
Cash flows from financing activities | |||||||||||
Proceeds from long-term debt | |||||||||||
2,216,000 | 4,082,000 | 1,054,000 | 1,380,000 | 1,435,000 | 2,742,000 | 1,083,000 | 110,000 | 1,770,000 | 745,000 | 400,000 | 27,000 |
Payments of long-term debt | |||||||||||
2,845,000 | 333,000 | 1,137,000 | 1,914,000 | 900,000 | 1,752,000 | 1,022,000 | 66,000 | 1,069,000 | 734,000 | 1,044,000 | 94,000 |
Net change in revolving credit facility and short-term debt | |||||||||||
-10,000 | -69,000 | 95,000 | -32,000 | -7,000 | -319,000 | 18,000 | 28,000 | -192,000 | 278,000 | 82,000 | 15,000 |
Payments of finance leases | |||||||||||
15,000 | - | - | - | - | - | - | - | - | - | - | - |
Payment for Debt Extinguishment or Debt Prepayment Cost | |||||||||||
- | - | - | 22,000 | 0 | - | - | - | - | - | - | - |
Debt issuance costs | |||||||||||
18,000 | 70,000 | 16,000 | 18,000 | 18,000 | 41,000 | 32,000 | 0 | 22,000 | 31,000 | 8,000 | - |
Common stock issued | |||||||||||
4,000 | 1,000 | 9,000 | 10,000 | 6,000 | 14,000 | 21,000 | 15,000 | 11,000 | 13,000 | -23,000 | -10,000 |
Common stock repurchased | |||||||||||
7,000 | 4,000 | 339,000 | 8,000 | 9,000 | 2,000 | 300,000 | 257,000 | 312,000 | 255,000 | 4,000 | 35,000 |
Purchase of noncontrolling interests | |||||||||||
- | - | - | - | - | 93,000 | 16,000 | 4,000 | 202,000 | 169,000 | - | 0 |
Contributions from noncontrolling interests | |||||||||||
6,000 | 0 | 0 | 4,000 | 5,000 | 0 | 0 | - | - | - | - | - |
Dividends paid to noncontrolling interests | |||||||||||
101,000 | 60,000 | 93,000 | 80,000 | 48,000 | 77,000 | 78,000 | 79,000 | 104,000 | 112,000 | 87,000 | 65,000 |
Foreign exchange derivatives related to debt | |||||||||||
16,000 | 14,000 | -27,000 | -42,000 | 58,000 | 27,000 | -20,000 | -1,000 | -9,000 | -34,000 | -63,000 | 65,000 |
Net cash provided by financing activities | |||||||||||
-786,000 | 3,533,000 | -400,000 | -638,000 | 406,000 | 445,000 | -306,000 | -254,000 | -129,000 | -299,000 | -701,000 | -77,000 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||||
1,000 | -37,000 | 14,000 | -30,000 | -62,000 | -60,000 | 6,000 | 3,000 | 1,000 | -6,000 | 8,000 | -20,000 |
Net change in cash, cash equivalents and restricted cash | |||||||||||
4,000 | 224,000 | -141,000 | -169,000 | -242,000 | 276,000 | 339,000 | 8,000 | -121,000 | 4,000 | -137,000 | 139,000 |