CHURCH & DWIGHT CO., INC. CHD Cash Flow

Church & dwight co., inc. (CHD)

CashFlow / TTM

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	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10
Cash Flow From Operating Activities
Net Income
670,000	615,900	614,300	603,300	586,500	568,600	831,400	818,500	769,700	743,400	448,200	438,800	477,500	459,000	457,700	454,100	416,200	410,400	407,900	403,400	418,500	413,900	399,500	391,500	389,300	394,400	383,000	369,000	361,700	349,800	332,800	318,500	321,800	309,600	292,800	282,600	274,300	270,700	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense
64,000	63,800	64,700	64,900	63,800	64,400	63,400	62,600	62,500	60,900	59,800	58,700	58,500	59,700	59,200	59,400	59,700	58,300	57,900	57,300	57,000	57,100	58,100	58,300	58,600	59,700	60,700	60,300	59,000	56,000	51,700	50,700	50,000	49,800	48,500	47,100	45,400	44,100	0	0	0
Amortization expense
120,000	112,600	100,900	89,200	80,200	76,700	75,800	73,500	69,300	64,500	59,200	53,700	50,500	47,900	45,700	44,600	43,200	42,700	41,900	39,600	37,400	34,100	32,200	31,600	31,100	30,800	32,800	31,700	30,400	29,000	26,100	26,500	26,900	27,300	27,400	27,300	27,400	27,500	0	0	0
Deferred income taxes
10,900	5,600	12,700	15,900	16,400	11,100	-265,400	-247,700	-249,500	-237,600	37,400	22,000	26,700	24,900	23,400	27,600	25,600	24,000	22,600	14,400	13,500	12,700	9,700	14,400	13,500	11,100	11,100	11,000	14,500	13,200	35,800	46,400	47,600	59,400	48,700	51,100	48,200	38,900	0	0	0
Equity in net earnings of affiliates
6,500	6,600	7,700	8,100	8,800	9,200	9,900	10,100	10,800	10,800	10,400	10,200	9,600	9,200	9,300	10,300	11,000	11,600	12,700	12,600	12,300	11,600	9,300	7,800	3,800	2,800	3,000	3,500	7,000	8,900	9,000	9,500	10,300	10,000	9,700	7,600	5,900	5,000	0	0	0
Distributions from unconsolidated affiliates
5,900	5,300	6,300	7,300	8,700	10,100	9,700	10,200	9,700	10,100	9,900	9,900	9,500	9,000	9,300	10,000	11,300	12,000	13,900	13,600	13,000	12,500	11,600	8,500	7,800	7,700	6,400	7,500	10,100	10,300	11,100	12,000	11,200	10,500	10,200	10,500	7,900	8,700	0	0	0
Non-cash compensation expense
21,100	20,800	21,200	22,400	22,600	23,300	23,000	21,700	19,200	18,100	16,800	16,000	12,200	16,000	16,000	16,000	20,200	16,100	16,200	16,600	16,400	17,000	17,400	17,500	17,600	17,000	16,400	15,800	12,600	12,400	11,900	11,500	10,700	11,000	11,400	12,100	11,800	11,800	0	0	0
Gain on sale of assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other
-2,900	-100	-7,400	-5,800	-1,300	-1,000	600	2,600	3,200	1,700	3,700	3,400	2,200	1,800	-1,700	-6,100	-3,100	-5,700	-7,200	-4,200	-5,800	-3,200	-2,000	-500	-3,100	-2,500	-900	-800	400	1,100	-400	-1,200	700	-200	0	0	0	-	-	-	0
Change in assets and liabilities:
Accounts receivable
-18,500	9,200	28,000	35,900	28,100	3,400	-13,400	7,700	9,800	9,700	66,200	19,800	29,100	12,700	-66,800	-56,700	-60,700	-33,500	26,900	14,500	10,000	1,800	1,800	10,700	14,100	31,200	16,900	27,800	35,200	9,000	22,800	12,500	25,000	35,300	8,400	17,300	3,500	12,700	0	0	0
Inventories
2,700	33,800	1,700	33,900	47,500	55,100	52,600	34,200	27,400	25,200	7,400	1,600	-6,600	-19,200	8,500	20,200	32,000	38,500	24,700	7,000	-900	-1,800	2,500	12,500	6,900	7,300	-6,800	-11,800	4,500	1,100	2,400	20,000	5,400	9,000	6,800	-25,100	-22,300	-24,100	0	0	0
Other current assets
600	-4,900	-800	-25,300	-24,100	-18,900	-41,300	-15,100	-9,000	-10,200	7,400	6,400	-300	-2,100	1,700	4,700	2,400	2,000	0	-14,000	-800	600	-4,100	-3,900	200	1,500	3,500	19,600	900	-2,000	2,300	-500	600	6,100	1,600	-100	1,000	-1,900	0	0	0
Accounts payable and accrued expenses
58,000	72,800	12,900	47,700	28,300	54,900	71,700	58,400	45,600	30,300	34,100	16,200	8,100	50,500	43,700	29,300	18,800	21,800	1,900	26,100	27,600	2,400	11,600	61,500	53,600	67,900	78,600	18,200	25,400	30,700	12,600	34,300	42,800	27,400	18,500	48,100	16,500	22,700	0	0	0
Income taxes payable
23,100	3,400	-6,400	-9,600	-6,300	-6,100	11,400	-8,600	-16,000	-11,200	-8,000	21,900	29,700	32,800	21,400	9,800	23,800	29,700	32,800	23,200	28,700	17,500	27,100	18,200	10,700	-23,800	13,800	27,500	28,900	58,700	18,600	24,100	26,300	19,100	35,000	-900	-8,000	-7,600	0	0	0
Change in fair value of business acquisition liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit on stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	30,000	31,600	23,300	15,700	15,800	17,500	16,800	20,400	18,500	17,900	17,300	15,700	13,100	10,400	10,300	13,900	14,600	15,400	19,300	14,100	12,100	11,400	8,000	6,400	7,200	0	0	0
Other operating assets and liabilities, net
6,600	6,200	-2,400	5,800	-1,200	-4,800	-10,700	-3,700	-3,400	-6,400	14,600	13,200	13,200	17,700	2,800	2,700	9,400	7,800	7,200	6,300	1,200	5,800	23,000	25,600	23,300	20,200	-4,400	-400	800	5,900	17,700	14,200	14,100	7,100	-2,000	-8,100	-8,600	-3,100	0	0	0
Net Cash Provided By Operating Activities
963,100	864,500	813,100	792,100	746,000	763,600	825,400	754,900	705,500	681,500	584,400	608,100	609,000	655,300	692,300	654,200	639,700	606,100	540,400	581,900	582,100	540,300	531,700	545,400	529,700	499,600	584,300	495,400	482,000	523,600	434,500	455,300	472,200	437,800	459,000	476,400	436,000	428,500	0	0	0
Cash Flow From Investing Activities
Additions to property, plant and equipment
78,800	73,700	69,700	64,400	62,200	60,400	54,500	54,200	52,100	45,000	42,600	42,400	44,100	49,800	45,200	45,600	48,400	61,800	79,000	87,400	86,100	70,500	73,000	64,100	63,000	67,100	55,100	54,600	69,800	74,500	85,500	93,000	84,900	76,600	67,200	66,900	61,400	63,800	0	0	0
Proceeds from sale of assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,200	0	0	0
Acquisitions
-	-	-	-	-	49,800	49,800	1,074,500	1,149,600	1,260,000	1,389,800	365,100	290,600	305,300	175,500	175,500	175,000	74,900	74,500	290,600	290,600	215,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment interest in joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,700	11,400	13,900	13,700	12,900	10,000	6,200	3,200	0	0	0	-	-	-	-
Investment in marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-
Proceeds from note receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,600	1,500	1,500	1,800	0	0	0
Contingent acquisition payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Other
5,700	4,800	4,100	3,900	2,400	1,900	3,100	3,600	2,400	-1,600	-2,300	-4,200	-4,900	-500	700	2,800	4,000	4,500	3,900	3,300	3,000	2,200	8,200	9,800	10,300	10,000	2,300	500	400	800	-300	200	-1,100	-1,100	1,200	1,000	1,700	600	0	0	0
Net Cash Used In Investing Activities
-552,500	-553,500	-548,800	-543,300	-64,500	-112,100	-107,400	-1,132,300	-1,204,100	-1,303,400	-1,430,100	-403,300	-329,800	-354,600	-221,400	-223,900	-227,400	-141,200	-157,400	-381,300	-379,700	-288,400	-291,600	-69,400	-50,400	-77,100	-69,400	-718,800	-756,100	-741,300	-753,900	-108,800	-160,200	-147,800	-177,100	-186,800	-187,400	-180,400	0	0	0
Cash Flow From Financing Activities
Long-term debt (repayments)
300,000	600,000	300,000	300,000	300,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	781,400	0	0	0
Short-term debt borrowings, net of (repayments)
872,900	251,000	73,100	800	-153,400	-268,800	-315,700	-518,200	-332,000	-155,800	86,400	247,700	133,900	68,900	206,300	258,500	178,400	211,700	-378,800	-28,800	120,900	-6,700	250,500	-1,700	-49,900	-99,400	-100,200	122,900	203,800	251,300	250,700	32,400	100	-87,400	3,900	-1,800	-4,800	55,100	0	0	0
Proceeds from stock options exercised
47,000	52,800	68,400	84,700	75,300	76,600	62,200	43,700	35,800	42,100	40,400	48,400	59,900	50,500	53,200	42,200	30,500	28,500	31,500	30,500	36,800	32,700	30,300	27,200	23,400	22,000	23,700	23,000	28,400	28,000	27,400	28,100	26,700	27,100	24,700	22,900	16,400	16,000	0	0	0
Excess tax benefit on stock options exercised
-	-	-	-	-	-	-	-	-	-	-	-	-	30,000	31,600	23,300	15,700	15,800	17,500	16,800	20,400	18,500	17,900	17,300	15,700	13,100	10,400	10,300	13,900	14,600	15,400	19,300	14,100	12,100	11,400	8,000	6,400	7,200	0	0	0
Payment of cash dividends
227,200	224,100	221,900	219,100	216,200	213,300	206,800	200,900	195,000	190,400	188,800	187,000	185,300	183,000	181,300	179,500	177,700	175,300	172,900	170,400	168,700	167,500	164,900	162,300	159,100	155,200	149,800	144,500	138,900	134,500	125,300	116,300	107,300	97,400	85,200	72,800	58,400	44,000	0	0	0
Purchase of treasury stock
150,000	250,000	250,000	100,000	100,000	200,000	300,000	300,000	442,900	400,000	500,000	500,000	357,100	400,000	300,000	300,000	306,900	363,100	306,900	306,900	475,000	478,800	435,100	435,100	259,800	50,100	100,000	100,000	210,400	250,400	280,500	280,500	170,400	80,200	100	100	100	100	0	0	0
Deferred financing and other
1,200	2,600	3,100	3,600	3,400	3,500	3,500	19,700	19,500	18,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lease incentive proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,900	10,900	10,900	0	0	0	0	-	-	-	-	-	-	-	-
Lease principal payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-5,800	-	-1,300	-1,000	-600	-400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Used In Financing Activities
541,500	-472,900	-333,500	-237,200	-697,700	-609,000	-763,800	226,200	467,700	698,900	841,700	-180,800	-327,900	-439,600	-447,400	-412,700	-517,200	-535,000	-515,300	-164,200	-170,600	-306,600	-301,400	-555,000	-430,800	-259,800	-306,100	318,000	303,700	305,200	283,900	-317,700	-237,500	-226,500	-460,500	-499,500	-537,300	-503,700	0	0	0
Effect of exchange rate changes on cash and cash equivalents
-3,400	900	-4,400	-3,000	-5,700	-4,700	-2,400	2,900	11,200	14,100	8,400	2,800	-6,100	-3,300	-2,000	-10,000	-500	-22,900	-27,300	-30,100	-32,100	-19,200	-14,000	1,800	-8,100	-8,800	-4,500	-4,700	-2,400	4,100	1,700	-8,000	-1,200	-1,300	100	9,000	1,200	-2,300	0	0	0
Net Change In Cash and Cash Equivalents
948,700	-161,000	-73,600	8,600	-21,900	37,800	-48,200	-148,300	-19,700	91,100	4,400	26,800	-54,800	-142,200	21,500	7,600	-105,400	-93,000	-159,600	6,300	-300	-73,900	-75,300	-77,200	40,400	153,900	204,300	89,900	27,200	91,600	-33,800	20,800	73,300	62,200	-178,500	-200,900	-287,500	-257,900	0	0	0
Cash paid during the period for:
Interest (net of amounts capitalized)
70,700	70,600	72,000	71,500	72,800	74,900	73,200	54,600	53,200	33,300	30,900	29,400	27,100	25,600	28,300	27,500	30,100	29,000	27,300	27,700	25,800	25,700	25,700	25,700	26,200	26,400	19,900	18,300	11,200	9,700	9,100	9,000	8,800	9,200	18,400	23,900	28,700	29,300	0	0	0
Income taxes
129,900	134,800	136,400	120,100	118,100	116,800	127,400	179,900	199,200	198,100	196,100	185,600	188,300	188,400	198,800	202,800	181,100	174,800	170,000	169,000	173,500	181,500	170,300	171,400	180,700	219,200	180,700	175,800	155,300	123,800	150,600	128,200	117,100	108,000	74,800	99,100	114,700	120,900	0	0	0
Supplemental disclosure of non-cash investing activities:
Property, plant and equipment expenditures included in Accounts Payable
11,400	10,400	8,500	12,000	6,600	6,900	5,400	8,800	8,600	7,700	5,100	4,200	4,500	3,400	7,300	5,300	4,300	5,300	8,100	13,900	15,000	14,500	9,800	5,000	4,500	1,900	1,600	2,400	-200	3,100	5,300	4,100	7,500	6,400	6,000	1,300	1,100	900	0	0	0
Property, plant and equipment expenditures included in other long-term liabilities (related to leasing obligations for new corporate headquarters facility)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32,500	45,000	34,400	26,700	17,400	0	0	0	-	-	-	-