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

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

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
Operating activities
Net income (loss)
-74,400	-43,600	13,100	1,200	-33,900	-55,100	-156,800	-163,900	-102,400	-103,800	-99,800	-109,600	-267,100	-328,600	-365,800	-381,300	-230,900	-139,400	-86,100	-27,800	-38,600	-112,200	-64,200	-108,400	-92,300	3,500	64,700	141,900	199,800	205,700	186,836	164,050	90,699	43,000	0	0	0
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Net loss from discontinued operations
-	-	-	-	-	-4,100	-68,000	-65,000	-66,700	-72,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
108,300	110,100	111,900	114,100	116,600	118,100	124,600	139,800	147,400	154,800	143,900	143,600	150,300	152,000	142,300	133,800	126,000	122,600	145,000	144,400	143,800	138,600	130,600	124,600	118,700	117,800	115,900	111,100	101,300	91,600	83,356	73,436	68,268	63,100	0	0	0
Amortization of turnaround costs
19,600	19,300	20,600	17,200	14,300	12,800	12,600	16,300	20,200	24,300	28,300	29,800	31,500	33,200	34,900	33,700	32,000	29,000	25,600	25,300	24,800	24,500	23,300	21,800	19,100	15,900	14,000	12,200	12,500	13,400	13,412	12,854	11,687	11,400	0	0	0
Non-cash interest expense
5,700	6,100	6,700	7,000	7,100	7,900	8,700	9,800	10,600	10,200	10,000	9,800	10,000	9,600	8,600	8,300	7,100	6,600	6,600	5,800	5,900	6,400	6,800	7,000	7,200	7,000	6,900	6,800	6,400	6,100	5,737	4,845	4,102	3,700	0	0	0
Gain (Loss) on Extinguishment of Debt
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt extinguishment costs
-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash debt extinguishment costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-19,000	-22,400	-22,100	-22,100	-3,400	0	0	0	-	-	-	-	-	-	-	-
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	1,400	-	300	-500	-100	500	300	1,000	400	100	300	0	0	0	445	445	565	400	0	0	0
Unrealized Gain (Loss) on Derivatives
8,100	-26,100	9,600	12,600	25,600	30,200	1,800	-5,500	-5,000	3,600	-1,400	3,400	25,900	19,900	11,700	11,600	-7,000	-39,500	-50,900	-71,500	-53,100	-600	25,400	53,400	25,800	25,700	0	0	0	-	-	-	-	-	-	-	-
Loss on impairment and disposal of assets
-	-	-	-	-	-	-	-	-	207,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Assets
0	-	0	0	0	-	0	0	0	-	-	-	-	-	0	0	-3,400	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease expense
77,600	78,200	57,100	37,800	20,800	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease payments
77,700	78,200	57,100	37,400	20,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized (gain) loss on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-
Unrealized (gain) loss on derivative instruments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Equity-based compensation
-800	5,900	900	400	-100	-1,200	6,000	11,300	11,200	11,600	10,100	6,000	5,300	5,600	5,900	7,200	8,400	9,800	8,400	9,100	6,700	6,500	7,300	4,800	4,900	4,800	4,800	7,500	8,800	6,500	6,702	4,837	4,604	4,900	0	0	0
Deferred Income Tax Benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lower of cost or market inventory adjustment
69,600	-35,600	3,800	4,100	-5,200	30,600	-26,100	-36,400	-28,300	-30,600	0	0	0	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lower of cost or market inventory adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Lower of cost or market inventory adjustment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments, Net of Dividends or Distributions
-	-	-	-	-	-	-	-	-	-	-	-	-	-18,300	-32,400	-66,600	-67,700	-61,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash activities
-5,800	400	-2,800	-4,200	2,400	-6,800	1,600	-4,200	-12,500	-10,200	-10,500	-8,100	-7,100	-5,400	-10,200	-9,900	-10,400	-10,500	-2,500	-1,500	-900	-700	22,500	9,800	9,700	10,200	-12,900	-400	200	500	-2,568	-2,425	-169	0	0	0	0
Changes in assets and liabilities:
Accounts receivable
-31,700	37,000	-31,000	-23,700	4,000	-109,800	10,700	113,500	119,300	158,900	88,300	4,800	13,800	38,900	83,200	46,800	-2,700	-52,600	-177,800	-159,600	-82,900	400	68,700	72,200	500	32,300	8,800	14,300	-24,000	-34,600	42,186	37,821	102,370	54,500	0	0	0
Inventories
11,800	-16,300	-63,700	-42,800	-39,100	300	58,000	-27,200	-26,700	8,500	-40,300	-13,500	-34,800	-41,500	-13,300	-55,300	-7,900	-25,000	-81,300	-90,000	-75,000	-43,900	3,900	51,600	-17,800	-16,400	11,000	2,100	41,400	-11,800	23,513	60,245	140,381	167,000	0	0	0
Prepaid expenses and other current assets
-9,500	-4,500	-3,900	700	-500	4,500	-200	-3,500	5,300	800	2,400	4,800	8,200	4,200	8,600	5,400	3,800	-600	-9,900	-10,200	-5,700	-3,900	-3,700	-14,500	-16,500	-6,800	-23,000	-15,100	-12,400	-21,700	74	1,553	-1,386	400	0	0	0
Increase (Decrease) in Derivative Assets and Liabilities
1,600	300	500	500	500	500	600	500	500	500	1,200	8,900	15,500	19,000	19,700	13,900	19,800	7,000	-1,100	600	-14,400	-6,700	4,600	-2,900	-1,000	1,800	2,900	5,300	7,700	5,000	-7,672	-5,401	-8,795	-11,700	0	0	0
Turnaround costs
25,900	17,800	33,600	26,700	22,800	27,900	14,300	11,800	20,800	14,500	11,300	10,900	2,800	8,700	12,800	21,500	23,000	19,300	20,200	11,300	27,300	27,600	28,300	43,800	57,700	68,600	63,700	47,800	20,900	14,900	19,351	20,699	16,413	14,100	0	0	0
Other assets
-	-	-	-	-	-	-	-	-	500	700	200	500	600	300	400	300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deposits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	1,100	7,100	-1,700	-5,900	-1,374	6,935	31,100	0	0	0	0
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Accounts payable
-31,200	71,300	16,000	-17,600	-31,700	-78,200	19,300	44,800	51,000	70,600	25,600	-8,600	30,500	18,400	26,600	-35,200	-200	-77,300	-214,000	-182,400	-255,200	-13,100	-6,300	85,400	87,400	6,800	106,000	152,700	57,700	11,100	125,942	15,255	135,603	131,300	0	0	0
Accrued interest payable
-1,700	1,500	-4,000	-2,000	-9,000	-21,800	-9,000	-19,300	-100	900	200	12,200	9,800	21,400	8,600	7,700	7,000	-6,500	4,200	-10,900	23,200	15,100	13,600	22,300	-13,700	-1,000	-2,000	10,800	4,500	13,000	4,942	2,511	21,930	7,400	0	0	0
Accrued salaries, wages and benefits
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,100	-7,100	-1,700	2,200	1,000	3,483	3,017	2,084	4,100	0	0	0
Accrued salaries, wages and benefits
-	-	-	-	-	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Accrued income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-27,600	-43,800	-44,000	-43,700	-16,100	0	0	0	-	-	-	-
Other taxes payable
1,500	2,500	-3,400	-3,400	3,000	-900	2,400	5,600	-100	900	5,200	900	4,000	3,600	800	3,700	3,400	1,800	1,100	1,400	-1,400	-1,100	-1,200	-2,600	2,000	3,000	6,000	3,600	500	900	7,124	6,014	5,279	5,500	0	0	0
Other liabilities
7,500	14,800	4,200	12,900	8,100	-45,400	-37,200	-23,300	-32,700	-24,200	-76,200	-94,700	-87,400	-16,600	78,400	75,300	60,300	74,500	25,400	33,500	52,500	13,700	-500	-15,700	900	6,800	11,400	24,700	9,000	2,700	-118	-227	-1,081	-12,100	0	0	0
Pension and postretirement benefits obligations
0	-	-	-	0	-	-	-	-	-2,700	-700	-1,500	-1,700	-2,000	-3,300	-2,700	-2,600	-2,300	-1,000	-1,300	-1,500	-1,300	-1,400	-1,900	-2,000	-2,700	-2,600	-8,800	-8,000	-7,600	-7,464	-380	-796	-900	0	0	0
Net cash provided by (used in) discontinued operating activities
-	-	-	-	-	-	-	-	-	-23,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
144,600	191,900	258,400	188,100	121,700	75,200	-52,500	-14,200	-4,900	-26,500	19,600	20,200	19,500	4,100	61,500	164,700	230,900	376,400	464,400	450,900	276,600	226,800	-12,700	-59,700	112,500	39,100	201,000	370,200	329,400	380,100	353,759	178,958	123,606	63,800	0	0	0
Investing activities
Additions to property, plant and equipment
60,300	54,900	35,900	33,600	41,700	49,800	66,000	73,600	70,700	70,000	67,200	81,000	89,300	139,200	212,600	266,800	324,800	332,100	332,500	337,600	317,700	289,900	240,900	194,700	186,000	160,800	134,400	106,100	68,400	57,000	55,533	51,365	52,634	49,500	0	0	0
Investment in unconsolidated affiliates
-	-	-	-	-	3,800	3,800	3,800	3,800	0	4,700	3,900	44,800	45,700	32,700	46,000	26,100	50,200	103,000	113,900	114,400	105,400	74,900	54,600	38,600	31,800	17,800	14,700	9,200	0	0	0	0	-	-	-	-
Payments to Acquire Businesses, Net of Cash Acquired
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	263,600	317,200	293,900	307,000	177,700	314,300	640,600	640,500	569,200	0	0	0	-	-	-	-
Proceeds from Sale of Equity Method Investments
0	5,000	5,000	5,000	14,900	9,900	9,900	9,900	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of business, net
-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of business, net
100	3,700	3,800	3,900	3,800	400	600	500	500	300	0	0	0	-	-	-	-	100	500	300	200	100	0	0	0	-	-	-	-	2,000	2,081	2,170	2,241	400	0	0	0
Net cash provided by discontinued operations
4,500	5,600	8,200	8,400	9,300	6,800	42,500	42,300	38,400	38,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-3,900	14,500	-18,900	100	3,100	8,300	512,500	488,200	476,900	453,400	-72,400	-85,400	-103,700	-154,200	-230,100	-288,800	-357,700	-389,000	-426,500	-480,800	-448,500	-658,800	-632,900	-543,200	-531,600	-370,300	-466,400	-498,000	-718,000	-624,200	-404,068	-772,137	-508,093	-460,400	0	0	0
Net Cash Provided by (Used in) Financing Activities [Abstract]
Proceeds from borrowings — revolving credit facility
981,000	508,500	7,700	33,500	170,000	174,500	286,800	435,300	686,000	901,200	1,145,100	1,315,000	1,012,900	1,187,100	1,157,800	1,231,700	1,425,100	1,390,000	1,547,300	1,872,400	1,977,400	1,625,100	1,266,900	525,400	264,300	865,600	1,142,400	1,233,300	1,487,500	1,558,300	1,593,602	1,961,357	1,987,509	1,598,700	0	0	0
Repayments of borrowings — revolving credit facility
833,800	508,500	7,800	33,600	170,000	174,700	286,800	435,600	725,200	911,200	1,145,100	1,314,700	1,268,600	1,287,900	1,265,400	1,334,700	1,130,300	1,429,800	1,563,800	1,828,500	1,977,300	1,474,300	1,142,700	466,200	293,500	865,600	1,142,400	1,233,300	1,532,500	1,558,300	1,649,570	1,989,415	1,913,277	1,609,500	0	0	0
Proceeds from borrowings — senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	322,600	322,600	322,600	322,600	900,000	1,244,700	1,244,700	1,244,700	344,700	0	0	0	-	-	-	-	-	-	-	-
Repayments of borrowings — senior notes
875,300	898,500	137,300	88,600	423,200	400,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	500,000	600,000	600,000	600,000	100,000	0	0	0	-	-	-	-	-	-	-	-
Repayments of borrowings — related party note
-	-	-	-	-	-	-	-	-	-	-	-	-	75,000	55,400	34,500	1,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of borrowings term loan credit facility
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Payments on finance lease obligations
0	900	300	500	2,300	1,600	-2,000	-200	600	2,500	9,000	8,900	8,700	8,500	8,200	8,600	8,300	8,000	7,200	4,900	3,300	1,900	900	1,100	1,200	1,100	1,200	1,100	1,300	1,500	1,498	1,466	1,233	1,100	0	0	0
Proceeds from inventory financing agreements
1,042,400	1,076,500	1,117,000	1,175,400	1,194,100	1,135,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on inventory financing agreements
-1,040,900	-1,057,300	-1,118,400	-1,142,400	-1,194,000	-1,128,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from inventory financing agreements
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from other financing obligations
-300	0	100	4,700	5,000	4,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on other financing obligations
-2,000	-1,900	-1,800	-2,100	-2,300	-2,500	-3,100	-2,800	-2,300	-2,300	-10,200	-5,300	-5,000	-1,800	3,300	-100	-100	-2,500	0	0	0	-	-	-	-	3,500	3,500	3,500	3,500	0	0	0	0	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Proceeds from public offerings of common units, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164,100	161,300	165,100	165,300	3,600	3,700	0	217,000	392,500	392,500	392,500	322,100	146,600	159,430	349,010	202,334	294,700	0	0	0
Debt issuance costs
-	-	-	-	-	3,000	2,900	3,000	5,800	2,200	0	0	0	-	-	-	-	5,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contributions from Calumet GP, LLC
0	100	100	200	200	100	100	0	0	100	100	100	300	200	200	200	0	3,500	3,500	3,600	3,600	100	100	0	4,700	8,400	8,400	8,400	6,800	3,100	3,389	7,430	4,330	6,300	0	0	0
Taxes paid for phantom unit grants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	400	-	3,600	3,700	3,300	2,200	2,200	2,100	2,100	7,100	7,100	7,100	7,200	2,100	2,080	2,080	1,980	600	0	0	0
Cash settlement of unit-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-900	-900	-900	-900	0	0	0	0	-	-	-	-	-	-	-	-
Payments of Capital Distribution
-	-	-	-	-	-	-	-	-	-	-	-	-	57,400	114,600	172,000	229,300	224,600	220,000	215,100	210,300	210,200	210,200	210,300	209,700	201,600	187,200	170,500	148,700	132,400	120,518	104,742	93,952	82,700	0	0	0
Net cash provided by (used in) in financing activities
-189,900	-343,000	-140,800	-53,500	-468,500	-442,100	-421,000	-461,800	20,000	83,200	61,500	59,600	81,600	148,700	180,200	144,600	-138,800	9,700	-39,400	27,000	265,100	319,400	519,400	454,300	588,200	420,100	208,700	225,500	392,700	276,200	240,880	658,661	375,594	396,700	0	0	0
Net decrease in cash, cash equivalents and restricted cash
-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash and Cash Equivalents, Period Increase (Decrease)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-265,600	-	-1,500	-2,900	93,200	-112,600	-126,200	-148,600	169,100	88,900	-56,700	97,700	4,100	32,100	190,571	65,482	-8,893	100	0	0	0
Supplemental disclosure of non-cash investing activities
Non-cash property, plant and equipment additions
19,300	11,800	13,800	5,700	-1,300	2,600	1,300	5,100	8,200	9,100	6,500	0	-7,200	14,000	-6,000	15,100	38,600	56,500	79,300	76,400	70,700	39,900	52,600	38,500	29,500	13,100	0	0	0	-	-	-	-	-	-	-	-
Equipment acquired under capital lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-