Calumet Specialty Products Partners, L.P. CLMT Cash Flow

Calumet specialty products partners, l.p. (CLMT)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09
Operating activities
Net income (loss)
-43,600	-55,100	-103,800	-328,600	-139,400	-112,200	3,500	205,700	43,000	16,701	61,785
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Net loss from discontinued operations
0	-4,100	-72,500	-31,800	-54,000	-	-	-	-	-	-
Depreciation and amortization
110,100	118,100	154,800	152,000	122,600	138,600	117,800	91,600	63,100	60,287	61,735
Amortization of turnaround costs
19,300	12,800	24,300	33,200	29,000	24,500	15,900	13,400	11,400	10,006	7,256
Non-cash interest expense
6,100	7,900	10,200	9,600	6,600	6,400	7,000	6,100	3,700	3,864	3,672
Debt extinguishment costs
2,200	58,800	0	0	-	-	-	-	-	-	-
Non-cash debt extinguishment costs
-	-	-	-	-9,100	-19,000	-3,400	0	-14,400	0	-
Provision for doubtful accounts
-	-	-	-	-	500	100	0	400	74	-916
Unrealized Gain (Loss) on Derivatives
-26,100	30,200	3,600	19,900	-39,500	-600	25,700	-3,800	-10,400	-	-
Loss on impairment and disposal of assets
37,000	0	207,300	35,700	0	36,000	-	1,600	-	-	-
Goodwill and Intangible Asset Impairment
-	-	-	-	-	-	10,500	-	-	-	-
Gain (Loss) on Disposition of Assets
-	-	-	-	-	-4,800	-15,200	-2,500	-1,500	-	-
Operating lease expense
78,200	0	0	-	-	-	-	-	-	-	-
Operating lease payments
78,200	0	0	-	-	-	-	-	-	-	-
Unrealized (gain) loss on derivative instruments
-	-	-	-	-	-	-	-	-	-15,843	23,736
Loss on disposal of fixed assets
-	-	-	-	-	-	-	-	-	-239	-4,455
Equity-based compensation
5,900	-1,200	11,600	5,600	9,800	6,500	4,800	6,500	4,900	1,540	1,075
Deferred Income Tax Benefit
-	-	-	-	-	-1,200	0	0	-	-	-
Lower of cost or market inventory adjustment
-35,600	30,600	-30,600	-38,400	67,000	74,100	-2,100	-	-	-	-
Lower of cost or market inventory adjustment
-	-	-	-	-	-	-	-6,100	-	-	-
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions
3,800	-3,700	0	-18,300	-61,100	-3,400	-300	0	-	-	-
Loss on sale of unconsolidated affiliates
-	-	-	-	0	0	-	-	-	-	-
Gain on sale of unconsolidated affiliates
1,200	200	0	-113,400	-	-	-	-	-	-	-
(Gain) loss on sale of business, net
-8,700	4,800	236,000	0	0	-	-	-	-	-	-
Other non-cash activities
400	-6,800	-10,200	-5,400	-10,500	-700	10,200	500	0	-142	-180
Changes in assets and liabilities:
Accounts receivable
37,000	-109,800	158,900	38,900	-52,600	400	32,300	-34,600	54,500	35,267	12,296
Inventories
-16,300	300	8,500	-41,500	-25,000	-43,900	-16,400	-11,800	167,000	9,860	18,726
Prepaid expenses and other current assets
-4,500	4,500	800	4,200	-600	-3,900	-6,800	-21,700	400	98	8
Increase (Decrease) in Derivative Assets and Liabilities
300	500	500	19,000	7,000	-6,700	1,800	5,000	-11,700	-2,990	-8,531
Turnaround costs
17,800	27,900	14,500	8,700	19,300	27,600	68,600	14,900	14,100	10,684	6,890
Other assets
100	0	500	600	0	0	100	4,000	400	2,006	-
Deposits
-	-	-	-	-	-	-	-5,900	0	4,767	-2,840
Other assets
-	-	-	-	-	-	-	-	-	-	-1
Accounts payable
71,300	-78,200	70,600	18,400	-77,300	-13,100	6,800	11,100	131,300	64,639	15,951
Accrued interest payable
1,500	-21,800	900	21,400	-6,500	15,100	-1,000	13,000	7,400	100	-
Accrued salaries, wages and benefits
5,300	-5,600	18,000	-17,800	10,700	-14,700	-7,100	1,000	4,100	1,189	-902
Accrued income taxes payable
-	-	-	-	-	-	-27,600	-16,100	400	4	-
Other taxes payable
2,500	-900	900	3,600	1,800	-1,100	3,000	900	5,500	-381	718
Other liabilities
14,800	-45,400	-24,200	-16,600	74,500	13,700	6,800	2,700	-12,100	10,463	576
Pension and postretirement benefits obligations
100	-100	-2,700	-2,000	-2,300	-1,300	-2,700	-7,600	-900	-409	1,233
Net cash provided by (used in) discontinued operating activities
0	-700	-23,200	8,900	53,800	-	-	-	-	-	-
Net cash provided by (used in) operating activities
191,900	75,200	-26,500	4,100	376,400	226,800	39,100	380,100	63,800	134,143	100,854
Investing activities
Additions to property, plant and equipment
54,900	49,800	70,000	139,200	332,100	289,900	160,800	57,000	49,500	35,001	23,521
Investment in unconsolidated affiliates
0	3,800	0	45,700	50,200	105,400	31,800	0	0	-	-
Proceeds from insurance recoveries equipment
-	-	-	-	-	-	-	-	1,900	0	-
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	263,600	177,700	569,200	413,200	0	-
Return of investment from unconsolidated affiliates
-	-	-	-	-	-	0	-	-	-	-
Proceeds from Sale of Equity Method Investments
5,000	9,900	0	29,000	0	0	-	-	-	-	-
Proceeds from sale of business, net
3,700	400	300	1,700	100	100	0	2,000	400	242	807
Proceeds from sale of business, net
55,100	44,800	484,500	0	0	-	-	-	-	-	-
Net cash provided by discontinued operations
5,600	6,800	38,600	0	-6,800	-	-	-	-	-	-
Net cash provided by (used in) investing activities
14,500	8,300	453,400	-154,200	-389,000	-658,800	-370,300	-624,200	-460,400	-34,759	-22,714
Net Cash Provided by (Used in) Financing Activities [Abstract]
Proceeds from borrowings — revolving credit facility
508,500	174,500	901,200	1,187,100	1,390,000	1,625,100	865,600	1,558,300	1,598,700	1,015,485	805,361
Repayments of borrowings — revolving credit facility
508,500	174,700	911,200	1,287,900	1,429,800	1,474,300	865,600	1,558,300	1,609,500	1,044,553	868,000
Proceeds from borrowings — senior notes
550,000	0	0	393,100	322,600	900,000	344,700	270,200	586,000	-	-
Repayments of borrowings term loan credit facility
-	-	-	-	-	-	-	-	367,400	-	-
Repayments of borrowings — senior notes
898,500	400,000	0	0	275,000	500,000	100,000	0	0	-	-
Repayments of borrowings acquisition debt assumed
-	-	-	-	-	-	11,900	0	0	-	-
Proceeds from borrowings related party note
-	-	-	-	75,000	0	0	-	-	-	-
Repayments of borrowings — related party note
-	-	-	75,000	0	0	-	-	-	-	-
Repayments of borrowings term loan credit facility
-	-	-	-	-	-	-	-	-	-3,850	-3,850
Payments on finance lease obligations
900	1,600	2,500	8,500	8,000	1,900	1,100	1,500	1,100	1,302	1,542
Proceeds from inventory financing agreements
1,076,500	1,135,300	671,600	0	-	-	-	-	-	-	-
Payments on inventory financing agreements
-1,057,300	-1,128,300	-571,500	0	-	-	-	-	-	-	-
Proceeds from inventory financing agreements
-	-	-	-	0	-	-	-	-	-	-
Proceeds from other financing obligations
0	4,700	0	10,300	-	-	-	-	-	-	-
Payments on other financing obligations
-1,900	-2,500	-2,300	-1,800	-2,500	0	3,500	0	0	-	-
Payments on extinguishment of debt
0	46,600	0	0	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-7,700	-27,700	-	-
Proceeds from public offerings of common units, net
-	-	-	-	164,100	3,600	392,500	146,600	294,700	793	51,225
Proceeds from senior notes offerings
-	-	-	-	-	-	-	-	-	0	-
Debt issuance costs
11,000	3,000	2,200	11,400	5,600	19,900	7,300	-	-	0	-
Contributions from Calumet GP, LLC
100	100	100	200	3,500	100	8,400	3,100	6,300	18	1,102
Change in bank overdraft
-	-	-	-	-	-	-	-	-	-	3,013
Taxes paid for phantom unit grants
-	-	-	-	-	2,200	7,100	2,100	600	248	164
Cash settlement of unit-based compensation
-	-	-	-	-	-900	0	0	-	-	-
Payments of Capital Distribution
-	-	-	57,400	224,600	210,200	201,600	132,400	82,700	65,739	59,258
Net cash provided by (used in) in financing activities
-343,000	-442,100	83,200	148,700	9,700	319,400	420,100	276,200	396,700	-99,396	-78,139
Net increase (decrease) in cash and cash equivalents
-136,600	-358,600	510,100	-1,400	-2,900	-	-	-	-	-	-
Cash and Cash Equivalents, Period Increase (Decrease)
-	-	-	-	-	-112,600	88,900	32,100	100	-12	1
Supplemental disclosure of cash flow information
Interest Paid, Excluding Capitalized Interest, Operating Activities
128,000	170,800	163,700	-	-	-	-	-	-	-	-
Interest paid, net of capitalized interest
-	-	-	130,200	120,600	107,800	91,400	66,200	37,900	26,389	30,343
Income taxes paid
0	400	400	1,200	1,100	500	29,800	700	600	188	161
Supplemental disclosure of non-cash investing activities
Non-cash consideration received for the sale of Anchor
0	0	25,400	0	0	-	-	-	-	-	-
Non-cash property, plant and equipment additions
11,800	2,600	9,100	14,000	56,500	39,900	13,100	5,800	-	-	-
Non-cash capital lease
-	-	-	2,300	4,400	39,400	0	0	-	-	-
Non-cash property, plant and equipment additions
-	-	-	-	-	-	-	-	0	-	-
Equipment acquired under capital lease
-	-	-	-	-	-	-	-	-	0	1,659