| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | Dec'13 | Dec'12 | Dec'11 | Dec'10 | Dec'09 | Dec'08 | Dec'07 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | ||||||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ||||||||||||
858,000 | 1,213,000 | 849,000 | 906,000 | 285,000 | 620,000 | 1,101,000 | 372,000 | 427,000 | 312,000 | 498,000 | 280,000 | 427,000 |
Adjustments to reconcile net earnings (loss) to net cash provided by (used in) operating activities | ||||||||||||
Asset impairments | ||||||||||||
83,000 | 0 | 0 | 2,000 | 126,000 | 0 | 81,000 | 8,000 | - | - | - | - | - |
Other charges (gains), net of amounts used | ||||||||||||
- | - | - | - | - | - | - | - | -6,000 | -5,000 | 73,000 | 111,000 | 30,000 |
Depreciation, amortization and accretion | ||||||||||||
356,000 | 349,000 | 310,000 | 295,000 | 363,000 | 298,000 | 319,000 | 320,000 | 311,000 | 300,000 | 319,000 | 360,000 | 311,000 |
Pension and postretirement net periodic benefit cost | ||||||||||||
-58,000 | -92,000 | -80,000 | -54,000 | -52,000 | -113,000 | -35,000 | 9,000 | 30,000 | 59,000 | - | - | - |
Pension and postretirement contributions | ||||||||||||
47,000 | 47,000 | 363,000 | 350,000 | 63,000 | 223,000 | 96,000 | 288,000 | 209,000 | 81,000 | - | - | - |
Actuarial (gain) loss on pension and postretirement plans | ||||||||||||
-87,000 | -165,000 | -46,000 | -103,000 | -127,000 | -350,000 | 104,000 | -389,000 | -306,000 | -84,000 | - | - | - |
Pension curtailments and settlements, net | ||||||||||||
0 | 1,000 | 0 | 0 | 3,000 | 78,000 | 52,000 | 0 | 0 | - | - | - | - |
Deferred income taxes, net | ||||||||||||
31,000 | -137,000 | 152,000 | -83,000 | -42,000 | -124,000 | -344,000 | 175,000 | 15,000 | 24,000 | -402,000 | -69,000 | 23,000 |
(Gain) loss on disposition of businesses and assets, net | ||||||||||||
-3,000 | -7,000 | -5,000 | -2,000 | -8,000 | -8,000 | 737,000 | -3,000 | -1,000 | 8,000 | 40,000 | -1,000 | 74,000 |
Stock-based compensation | ||||||||||||
48,000 | 71,000 | 47,000 | 31,000 | 40,000 | 46,000 | 24,000 | 20,000 | - | - | - | - | - |
Undistributed earnings in unconsolidated affiliates | ||||||||||||
14,000 | 12,000 | 52,000 | 24,000 | 5,000 | 98,000 | 39,000 | -20,000 | - | - | - | - | - |
Refinancing expense | ||||||||||||
- | - | - | - | - | - | - | - | 3,000 | 16,000 | 0 | 0 | 256,000 |
Other, net | ||||||||||||
18,000 | 26,000 | 12,000 | 15,000 | 7,000 | 24,000 | 13,000 | 15,000 | 56,000 | 11,000 | 12,000 | 37,000 | -2,000 |
Operating cash provided by (used in) discontinued operations | ||||||||||||
0 | -10,000 | 8,000 | 2,000 | -2,000 | -5,000 | -4,000 | 2,000 | -9,000 | 8,000 | -2,000 | 3,000 | -84,000 |
Changes in operating assets and liabilities | ||||||||||||
Trade receivables - third party and affiliates, net | ||||||||||||
-165,000 | 48,000 | 110,000 | 59,000 | -61,000 | -23,000 | 23,000 | -50,000 | 83,000 | 90,000 | 79,000 | -339,000 | 69,000 |
Inventories | ||||||||||||
-6,000 | 158,000 | 97,000 | -8,000 | -62,000 | 15,000 | 81,000 | -6,000 | 112,000 | 98,000 | -30,000 | -21,000 | 27,000 |
Other assets | ||||||||||||
9,000 | 113,000 | 7,000 | -39,000 | 17,000 | -20,000 | 110,000 | -9,000 | -17,000 | -9,000 | -9,000 | -53,000 | -66,000 |
Trade payables - third party and affiliates | ||||||||||||
-59,000 | 15,000 | 126,000 | 7,000 | -111,000 | -13,000 | 109,000 | 5,000 | 22,000 | 19,000 | 104,000 | -265,000 | -11,000 |
Other liabilities | ||||||||||||
48,000 | 56,000 | 261,000 | -113,000 | -6,000 | -6,000 | 52,000 | -43,000 | -101,000 | -60,000 | 74,000 | -285,000 | -280,000 |
Net Cash Provided by (Used in) Operating Activities | ||||||||||||
1,454,000 | 1,558,000 | 803,000 | 893,000 | 862,000 | 962,000 | 762,000 | 722,000 | 638,000 | 452,000 | 596,000 | 586,000 | 566,000 |
Investing Activities | ||||||||||||
Capital expenditures on property, plant and equipment | ||||||||||||
370,000 | 337,000 | 267,000 | 246,000 | 232,000 | 254,000 | 277,000 | 349,000 | 349,000 | 201,000 | 176,000 | 274,000 | 288,000 |
Acquisitions, net of cash acquired | ||||||||||||
91,000 | 144,000 | 269,000 | 178,000 | 6,000 | 10,000 | 0 | 23,000 | 8,000 | 46,000 | 9,000 | 0 | 269,000 |
Proceeds from sale of businesses and assets, net | ||||||||||||
1,000 | 13,000 | 1,000 | 12,000 | 4,000 | 0 | 13,000 | 1,000 | 6,000 | 26,000 | 171,000 | 9,000 | 715,000 |
Capital expenditures related to Fairway Methanol LLC | ||||||||||||
- | - | - | - | 288,000 | 424,000 | 93,000 | 12,000 | - | - | - | - | - |
Deferred proceeds from Kelsterbach plant relocation | ||||||||||||
- | - | - | - | - | - | - | - | 159,000 | 0 | 412,000 | 311,000 | 0 |
Capital expenditures related to Kelsterbach plant relocation | ||||||||||||
- | - | - | - | - | - | 7,000 | 49,000 | 204,000 | 312,000 | 351,000 | 185,000 | 21,000 |
Proceeds from sale of marketable securities | ||||||||||||
- | - | - | - | - | - | - | - | - | 0 | 15,000 | 202,000 | 69,000 |
Purchases of marketable securities | ||||||||||||
16,000 | 0 | 0 | - | - | - | - | - | - | - | - | 91,000 | 59,000 |
Changes in restricted cash | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | -46,000 |
Settlement of cross currency swap agreements | ||||||||||||
- | - | - | - | - | - | - | - | - | - | - | 93,000 | 0 |
Other, net | ||||||||||||
17,000 | 39,000 | 14,000 | 27,000 | 36,000 | 17,000 | 58,000 | 68,000 | 45,000 | 27,000 | 31,000 | 80,000 | 50,000 |
Net cash provided by (used in) investing activities | ||||||||||||
-493,000 | -507,000 | -549,000 | -439,000 | -558,000 | -705,000 | -422,000 | -500,000 | -441,000 | -560,000 | 31,000 | -201,000 | 143,000 |
Financing Activities | ||||||||||||
Proceeds from (Repayments of) Short-term Debt | ||||||||||||
247,000 | -38,000 | 111,000 | -352,000 | 350,000 | -9,000 | -11,000 | 2,000 | -13,000 | -31,000 | -9,000 | -64,000 | 30,000 |
Proceeds from Short-term Debt | ||||||||||||
117,000 | 51,000 | 182,000 | 53,000 | 80,000 | 62,000 | 177,000 | 71,000 | 70,000 | 70,000 | - | - | - |
Repayments of Short-term Debt | ||||||||||||
91,000 | 78,000 | 124,000 | 90,000 | 83,000 | 91,000 | 123,000 | 71,000 | 73,000 | 55,000 | - | - | - |
Proceeds from Issuance of Long-term Debt | ||||||||||||
499,000 | 561,000 | 351,000 | 1,509,000 | 0 | 387,000 | 74,000 | 550,000 | 411,000 | 600,000 | 0 | 13,000 | 2,904,000 |
Repayments of long-term debt | ||||||||||||
360,000 | 536,000 | 77,000 | 1,127,000 | 24,000 | 626,000 | 198,000 | 489,000 | 591,000 | 897,000 | 80,000 | 47,000 | 3,053,000 |
Refinancing costs | ||||||||||||
- | - | - | - | - | - | - | - | 8,000 | 24,000 | 3,000 | 0 | 240,000 |
Purchases of treasury stock, including related fees | ||||||||||||
996,000 | 805,000 | 500,000 | 500,000 | 420,000 | 250,000 | 164,000 | 45,000 | 31,000 | 48,000 | 0 | 378,000 | 403,000 |
Stock option exercises | ||||||||||||
-1,000 | 0 | 1,000 | 6,000 | 3,000 | 5,000 | 9,000 | 62,000 | 20,000 | 14,000 | 14,000 | 18,000 | 69,000 |
Common stock dividends | ||||||||||||
300,000 | 280,000 | 241,000 | 201,000 | 174,000 | 144,000 | 83,000 | 43,000 | 34,000 | 28,000 | 23,000 | 24,000 | 25,000 |
Distributions to noncontrolling interests | ||||||||||||
-10,000 | -23,000 | -27,000 | -24,000 | 214,000 | 264,000 | 0 | 0 | - | - | - | - | - |
Preferred stock dividends | ||||||||||||
- | - | - | - | - | - | - | - | - | 3,000 | 10,000 | 10,000 | 10,000 |
Other, net | ||||||||||||
-40,000 | -17,000 | -27,000 | -33,000 | -12,000 | -13,000 | -7,000 | 12,000 | -4,000 | 14,000 | -1,000 | -7,000 | 14,000 |
Net cash provided by (used in) financing activities | ||||||||||||
-935,000 | -1,165,000 | -351,000 | -759,000 | -66,000 | -415,000 | -326,000 | 49,000 | -253,000 | -388,000 | -112,000 | -499,000 | -714,000 |
Exchange rate effects on cash and cash equivalents | ||||||||||||
-2,000 | -23,000 | 35,000 | -24,000 | -51,000 | -46,000 | 11,000 | 6,000 | -2,000 | -18,000 | 63,000 | -35,000 | 39,000 |
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ||||||||||||
24,000 | -137,000 | -62,000 | -329,000 | 187,000 | -204,000 | 25,000 | 277,000 | -58,000 | -514,000 | 578,000 | -149,000 | 34,000 |