CME GROUP INC. CME Cash Flow

Cme group inc. (CME)

CashFlow / Quarterly

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	Dec'09	Sep'09	Jun'09	Mar'09
Cash Flows from Operating Activities
Net Income
766,800	469,000	636,300	514,600	495,900	387,000	411,800	566,100	598,800	2,939,200	308,600	415,800	399,800	373,400	472,800	320,100	367,800	291,700	359,900	265,000	330,400	306,500	290,000	263,800	266,600	193,100	236,300	311,300	237,400	168,100	218,900	253,400	266,300	746,700	315,000	295,600	457,100	196,400	244,300	271,200	240,200	202,600	202,300	221,800	199,100
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation
23,100	2,300	14,400	38,100	18,300	46,000	16,600	16,200	17,700	15,200	15,100	12,800	14,900	23,900	12,300	14,000	16,000	15,600	11,500	19,000	14,700	13,900	14,500	13,200	13,200	14,000	14,400	13,600	12,400	12,600	13,800	20,700	14,300	13,800	12,800	12,700	12,000	13,000	9,000	9,600	9,300	9,800	6,700	8,300	8,600
Amortization of Intangible Assets
77,300	78,100	79,800	76,100	80,700	59,000	23,700	23,600	23,700	23,700	23,800	24,000	24,000	24,100	24,000	24,000	24,000	24,600	24,900	25,000	24,900	24,900	25,300	25,200	25,200	25,600	25,600	25,900	25,900	25,900	26,200	31,300	32,800	32,800	33,000	33,000	33,200	32,600	32,400	32,300	30,800	30,600	30,700	30,500	33,300
Depreciation and amortization
35,300	38,000	41,400	46,300	32,900	32,900	30,200	27,500	28,100	27,900	26,900	28,800	29,400	33,700	31,200	30,400	33,900	31,700	32,400	33,300	31,800	31,500	32,700	34,300	34,100	34,300	35,000	33,200	32,600	33,900	34,500	33,600	34,900	33,400	32,400	31,700	31,000	31,800	33,100	32,800	32,200	32,900	32,300	30,100	31,000
Net losses on assets held for sale and impaired
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	27,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of BM&FBOVESPA Shares
-	-	-	-	-	-	-	-	-	-	0	0	86,500	42,000	6,400	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense reclassified from accumulated other comprehensive income upon final sale of BM&FBOVESPA shares
-	-	-	-	-	-	-	-	-	0	0	0	-87,800	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net losses on impaired assets
23,100	-	39,500	21,600	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in net unrealized securities gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-188,000	-62,000	372,600	-	-10,400	19,700	-4,600	400	26,300	8,100	7,100
Net loss on derivative contracts
1,500	200	-1,200	-2,300	-14,400	-10,900	-14,500	-36,900	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized and unrealized (gains) losses on investments
2,900	18,600	6,800	-23,800	-3,400	11,500	-2,300	88,200	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt financing costs and discount accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	900	1,100	1,900	1,100	1,400	1,300	1,100	1,100	1,200	1,600	8,800
Undistributed net earnings of unconsolidated subsidiaries
200	2,500	9,900	8,600	22,600	2,500	1,100	15,600	-10,900	-6,400	20,800	8,100	4,300	-27,000	26,000	7,500	-4,200	-10,100	9,900	8,600	-3,300	-30,600	20,000	8,200	11,000	-6,300	5,000	3,700	-400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in net (gains) losses of unconsolidated subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,500	-900	-800	-	-900	-1,100	-1,100	500	-3,900	-1,500	-1,500	-11,300	7,400	-1,700	-1,200
Deferred income taxes
-9,700	20,000	-10,600	-12,500	-600	89,700	19,600	16,700	-11,700	-2,575,300	117,900	9,600	2,200	-3,700	-101,300	22,400	-400	13,500	8,500	40,800	500	15,800	45,600	-8,300	25,800	-51,100	55,900	-3,500	-7,300	14,600	22,600	64,200	-19,200	-527,900	20,900	400	-152,100	53,600	-13,500	-10,600	-7,200	-28,000	-15,900	-3,500	-9,500
Change in:
Accounts receivable
309,500	-53,400	-47,800	34,900	5,500	37,600	-47,100	-10,000	85,000	-29,800	-26,800	-10,900	61,500	-10,600	-52,400	37,800	33,300	-5,000	-36,100	16,600	41,800	-3,400	10,000	-10,000	41,900	-9,500	-47,100	50,000	42,100	-32,100	-41,200	3,300	70,300	-59,300	-15,500	-8,400	96,400	-35,200	-1,100	16,700	48,300	-15,800	-18,100	3,200	45,100
Other current assets
14,500	-216,700	232,600	-80,700	-45,400	120,100	1,300	-49,400	12,900	18,500	5,000	-6,700	9,300	-13,700	18,500	-6,100	100	25,100	-4,300	-3,200	-4,900	-13,100	5,400	9,900	-5,900	9,500	21,700	-4,600	-24,000	-17,900	40,400	-2,600	-1,700	54,300	-13,400	27,500	1,000	44,900	1,800	-23,400	6,600	-1,000	-1,200	25,500	-15,900
Other assets
-18,800	-39,700	-2,900	3,600	9,800	-21,900	-8,600	-3,000	3,800	77,100	9,000	-1,300	-7,700	12,900	-29,800	14,400	5,900	-14,400	3,300	3,900	11,200	600	14,700	12,400	-16,200	-20,500	30,100	-2,700	-7,500	46,400	16,900	7,000	-4,700	16,200	-9,600	1,000	19,500	7,700	-18,700	1,100	12,800	-700	-4,400	8,300	3,700
Accounts payable
12,400	300	9,900	-13,700	-50,600	9,800	26,000	2,900	-6,400	-4,900	10,700	-12,900	12,200	-8,300	-1,100	3,300	3,500	-9,500	16,100	-11,800	-3,000	1,900	2,900	-11,000	6,900	-4,800	4,000	5,700	-10,400	-2,800	5,500	10,600	-2,100	-9,700	1,100	-18,700	6,300	8,100	6,200	2,200	-10,400	10,600	-2,400	-8,000	-24,500
Income taxes payable
186,100	65,900	-65,900	-169,900	141,300	34,400	-10,000	-93,800	264,800	89,700	12,400	-266,700	168,100	39,200	34,100	-191,300	178,500	-12,000	-14,600	-204,600	149,100	35,800	-113,900	-160,100	132,600	76,600	-121,600	-113,300	149,000	48,600	-23,200	-128,400	174,900	-1,900	-9,200	-164,100	157,200	17,500	-20,300	-131,700	146,900	12,100	300	-88,700	90,100
Other current liabilities
-22,100	-191,200	269,600	-104,600	-73,100	1,000	-11,400	-26,700	300	14,400	2,200	42,300	-67,800	28,100	-9,700	47,000	-77,800	27,400	-5,100	59,200	-85,400	16,500	-7,400	40,200	-95,400	51,200	-116,900	144,100	-35,900	36,100	-41,300	44,800	-45,200	48,900	-31,400	46,900	-71,000	65,100	-17,700	60,000	-27,800	32,900	-12,000	5,900	-50,100
Other liabilities
-29,500	-53,800	-7,500	8,200	300	-10,300	-4,300	-5,600	-300	-11,400	300	0	2,600	-8,200	-9,000	2,200	-7,500	-9,300	-400	1,800	-1,900	8,400	-10,300	-4,500	3,600	-9,800	4,200	100	0	-19,300	7,400	2,300	2,300	-1,500	7,900	4,400	2,400	-16,400	14,500	-600	7,800	1,100	7,600	20,400	1,600
Other
-4,100	-2,600	-700	-9,800	1,200	-9,300	-800	-400	-800	-1,600	600	500	-100	-1,000	5,900	-5,200	0	-1,300	-600	-1,100	-2,600	-800	-4,900	600	-1,200	1,100	-2,600	-2,100	-2,500	-1,200	-2,300	-1,700	300	-4,100	-900	200	100	-900	-2,600	2,700	-1,000	500	900	600	-2,000
Net Cash Provided by (Used in) Operating Activities
757,100	719,700	810,200	473,700	669,200	510,400	582,600	522,800	825,000	460,400	507,300	264,000	519,400	499,600	478,700	223,700	530,000	391,300	463,500	258,800	418,900	502,500	234,200	171,700	383,000	381,900	129,800	372,800	396,000	322,500	239,400	262,200	395,600	346,500	423,700	214,000	362,100	396,600	313,900	293,400	355,700	345,300	299,400	183,700	254,700
Cash Flows from Investing Activities
Proceeds from maturities of available-for-sale marketable securities
2,200	5,800	1,400	5,500	6,100	5,200	3,200	1,800	1,600	200	1,100	700	500	1,600	3,700	4,600	31,800	9,000	10,200	8,900	10,200	9,000	10,200	9,000	9,300	9,000	10,000	9,000	8,500	14,100	6,100	200	9,100	5,300	200	300	5,500	400	5,400	600	5,500	50,700	20,400	200,000	168,700
Purchases of available-for-sale marketable securities
2,400	5,600	1,500	2,700	5,600	5,000	3,100	1,100	800	700	1,800	500	0	1,000	4,600	4,400	35,900	6,000	10,100	9,000	10,200	9,000	10,200	9,000	10,100	9,000	9,300	9,000	9,300	9,000	23,500	0	0	5,100	0	0	5,100	0	5,100	0	5,100	0	5,100	50,000	104,800
Purchases of property, net
42,800	66,400	57,600	72,500	49,100	55,800	31,300	11,400	18,200	28,900	15,400	17,600	20,000	28,900	23,300	19,400	20,200	23,900	29,600	29,300	31,400	36,500	26,800	40,900	36,500	30,900	38,900	35,600	20,200	37,900	40,300	36,900	26,700	42,800	41,000	47,000	41,400	62,300	43,900	27,500	26,300	45,000	33,900	43,700	35,300
Investments in business ventures
-	-	-	-	-	-	-	-	-	0	3,000	2,000	300	4,200	1,100	800	3,000	9,700	2,000	5,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of Bm&fbovespa
-	-	-	-	-	-	-	-	-	-	0	0	244,000	150,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of building property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7,900	192,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of Bolsa Mexicana de Valores, S.A.B de C.V.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-151,500	-274,400
Cash acquired upon formation of Index Services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	700	-6,100	-	-	-	-
Investment in DME Holdings Limited
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	39,300	45,000	22,800	-	-	0	0	-	-	-	-	-	-	-	-
Settlement of derivative related to debt issuance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-7,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital contributions to FXMarketSpace Limited
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	-100	900	2,000
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-100	600	-	-	-	-	-	-	-	-
Net Cash Used in Investing Activities
-43,000	-15,900	-46,800	-41,300	-48,600	-1,850,700	-31,200	9,700	-17,400	-20,900	-4,000	-19,400	224,200	117,500	-16,500	-20,000	-27,300	39,200	-20,200	23,300	-24,400	-91,500	-37,300	-40,900	-29,400	157,500	89,600	-35,600	-21,000	-159,300	-121,400	112,200	-40,400	-42,600	-40,800	-28,600	-41,600	-42,900	-61,000	12,100	-19,800	5,400	-18,500	256,900	301,000
Cash Flows from Financing Activities
Proceeds from Issuance of Commercial Paper, net of issuances
-204,600	-131,400	-200,600	-222,800	462,300	386,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-299,900	200,000	-224,800	-199,900	-110,100	-858,800
Proceeds from other borrowings, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	743,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-400	608,400	0	-300	-900	744,700
Repayment of other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	420,500	-	-	-	-	-	-	-	-
Repayments of debt
0	-	0	0	569,200	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	750,000	-	750,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in NYMEX securities lending program liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	913,600	0	-157,000	-299,800
Cash dividends
1,197,600	268,100	267,900	267,800	892,100	249,800	237,600	237,700	1,424,800	223,900	223,500	223,500	1,322,600	202,900	202,600	202,400	1,179,300	168,500	168,200	167,900	838,800	157,600	157,100	157,100	1,025,000	149,500	149,800	150,400	149,400	580,000	150,100	147,700	346,500	92,200	93,100	93,900	93,600	77,000	76,800	75,600	75,900	76,600	76,400	76,300	76,300
Settlement of derivative contracts
0	0	0	0	-16,000	30,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of Class A common stock, including costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	279,000	14,400	281,800	0	0	0	27,000
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	7,500	12,400	10,500	22,300	9,500	13,600	6,400	12,200	9,700	13,500	28,600	26,700	15,100	7,000	4,500	20,100	25,500	15,300	12,800	2,900	7,700	3,600	7,900	600	700	1,300	3,200	6,100	1,600	2,800	2,100	3,600	3,100	11,300	2,400
Proceeds from lease financing obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	130,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution paid to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	607,500	-	-	-	-
Excess tax benefits related to employee option exercises and restricted stock vesting
-	-	-	-	-	-	-	-	-	-	-	-	-	-500	6,600	-500	3,900	400	5,400	600	700	700	400	2,000	900	1,400	3,300	1,800	300	900	300	600	2,800	-100	200	500	0	2,200	500	700	2,400	1,300	-400	1,200	400
Employee taxes paid on restricted stock vesting
19,100	0	22,700	300	13,800	100	20,000	200	14,700	800	18,400	500	11,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,300	-200	-10,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
7,400	36,200	1,000	1,300	-900	3,600	2,000	5,700	4,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	100	900	-100	-	-	-	-	-	-	-	-
Net Cash Used in Financing Activities
-1,413,900	-363,300	-490,200	-489,600	-997,700	-312,200	-257,500	925,000	-1,435,300	-216,800	-234,400	-210,400	-1,323,700	-179,800	-202,800	-188,600	-1,049,300	-172,200	-160,000	-825,900	-65,800	-132,800	-146,300	-147,200	-1,769,600	-134,700	-122,400	-212,600	-136,300	-575,400	605,700	-142,900	-335,800	-90,900	-247,200	-156,500	-511,000	-66,700	-48,300	-386,100	-152,300	-294,200	-525,500	-331,100	-514,400
Net change in cash, cash equivalents and restricted cash
-699,800	340,500	273,200	-57,200	-377,100	-1,652,500	293,900	1,457,500	-627,700	222,700	268,900	34,200	-580,100	437,300	259,400	15,100	-546,600	258,300	283,300	-543,800	328,700	278,200	50,600	-16,400	-1,416,000	404,700	97,000	124,600	238,700	-412,200	723,700	231,500	19,400	213,000	135,700	28,900	-190,500	287,000	204,600	-80,600	183,600	56,500	-244,600	109,500	41,300
Supplemental Disclosure of Cash Flow Information
Income taxes paid
39,000	40,600	176,700	373,900	0	166,800	137,800	264,000	8,800	120,100	166,500	466,100	10,100	161,200	135,200	382,200	28,100	168,100	155,200	349,400	43,900	117,600	201,900	306,200	15,800	77,600	222,500	305,700	6,400	107,300	188,000	325,300	3,800	204,000	201,000	404,100	7,000	193,300	220,700	324,100	27,800	160,100	140,000	281,500	48,100
Interest paid
42,400	23,900	42,300	24,700	55,400	23,500	42,400	0	42,400	0	42,400	0	42,400	0	42,400	0	42,400	0	42,800	1,700	44,600	0	44,600	0	66,800	0	66,500	0	66,900	0	55,300	0	55,300	0	55,300	0	56,600	1,600	57,200	2,100	44,000	2,600	47,200	5,000	36,000
Non-cash investing activities:
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16,500	2,800	3,800	200	5,000	0	4,800	2,400