CME GROUP INC. CME Cash Flow

Cme group inc. (CME)

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	Dec'09	Sep'09	Jun'09	Mar'09
Cash Flows from Operating Activities
Net Income
2,386	2,115	2,033	1,809	1,860	1,963	4,515	4,412	4,262	4,063	1,497	1,661	1,566	1,534	1,452	1,339	1,284	1,247	1,261	1,191	1,190	1,126	1,013	959	1,007	978	953	935	877	906	1,485	1,581	1,623	1,814	1,264	1,193	1,169	952	958	916	866	825	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Stock-based compensation
77	73	116	119	97	96	65	64	60	58	66	63	65	66	57	57	62	60	59	62	56	54	54	54	55	54	53	52	59	61	62	61	53	51	50	46	43	40	37	35	34	33	0	0	0
Amortization of Intangible Assets
311	314	295	239	187	130	94	94	95	95	95	96	96	96	96	97	98	99	99	100	100	100	101	101	102	103	103	103	109	116	123	129	131	132	131	131	130	128	126	124	122	125	0	0	0
Depreciation and amortization
161	158	153	142	123	118	113	110	111	113	118	123	124	129	127	128	131	129	129	129	130	132	135	137	136	135	134	134	134	136	136	134	132	128	126	127	128	129	131	130	127	126	0	0	0
Net losses on assets held for sale and impaired
-	-	-	-	-	-	-	-	-	-	-	-	-	27	27	27	27	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of BM&FBOVESPA Shares
-	-	-	-	-	-	-	-	-	-	128	134	134	48	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax expense reclassified from accumulated other comprehensive income upon final sale of BM&FBOVESPA shares
-	-	-	-	-	-	-	-	-	-87	-87	-87	-87	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net losses on impaired assets
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in net unrealized securities gains
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	5	41	30	41	0	0	0
Net loss on derivative contracts
-1	-17	-28	-42	-76	-62	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net realized and unrealized (gains) losses on investments
4	-1	-8	-18	94	97	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt financing costs and discount accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5	5	5	4	4	4	5	12	0	0	0
Undistributed net earnings of unconsolidated subsidiaries
21	43	43	34	41	8	-0	19	11	26	6	11	10	2	19	3	4	5	-15	-5	-5	8	32	17	13	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in net (gains) losses of unconsolidated subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-2	-5	-6	-6	-18	-6	-7	-6	0	0	0
Deferred income taxes
-12	-3	66	96	125	114	-2,550	-2,452	-2,459	-2,445	126	-93	-80	-83	-65	44	62	63	65	102	53	78	12	22	27	-6	59	26	94	82	-460	-462	-525	-658	-77	-111	-122	22	-59	-61	-54	-56	0	0	0
Change in:
Accounts receivable
243	-60	30	30	-14	65	-1	18	17	-6	13	-12	36	8	13	30	8	17	18	65	38	38	32	-24	35	35	12	18	-27	0	-26	-1	-12	13	37	51	76	28	48	31	17	14	0	0	0
Other current assets
-50	-110	226	-4	26	84	-16	-13	29	26	-6	7	8	-1	37	14	17	12	-25	-15	-2	-3	18	35	20	2	-24	-6	-4	18	90	36	66	69	60	75	24	29	-16	-19	29	7	0	0	0
Other assets
-57	-29	-11	-17	-23	-29	69	86	88	77	12	-25	-10	3	-23	9	-1	4	19	30	38	11	-9	5	-9	-0	66	53	62	65	35	8	2	27	18	9	9	2	-5	8	16	6	0	0	0
Accounts payable
8	-54	-44	-28	-11	32	17	2	-13	5	1	-10	6	-2	-3	13	-1	-8	3	-10	-9	0	-6	-4	11	-5	-3	-2	2	11	4	-0	-29	-21	-3	1	22	6	8	0	-10	-24	0	0	0
Income taxes payable
16	-28	-60	-4	71	195	250	273	100	3	-47	-25	50	60	9	-39	-52	-82	-34	-133	-89	-105	-64	-72	-25	-9	-37	61	46	71	21	35	-0	-18	1	-9	22	12	7	27	70	13	0	0	0
Other current liabilities
-48	-99	92	-188	-110	-36	-23	-9	59	-8	4	-7	-2	-12	-13	-8	3	-3	-14	-17	-36	-46	-11	-120	-17	42	27	103	3	-5	7	17	19	-6	9	23	36	79	47	53	-1	-23	0	0	0
Other liabilities
-82	-52	-9	-6	-19	-20	-21	-17	-11	-8	-5	-14	-12	-22	-23	-15	-15	-9	7	-2	-8	-2	-21	-6	-1	-5	-15	-11	-9	-7	10	11	13	13	-1	4	-0	5	22	15	36	30	0	0	0
Other
-17	-11	-18	-18	-9	-11	-3	-2	-1	-0	0	5	-0	-0	-0	-7	-3	-5	-5	-9	-7	-6	-4	-2	-4	-6	-8	-8	-7	-4	-7	-6	-4	-4	-1	-3	-0	-1	-0	3	1	0	0	0	0
Net Cash Provided by (Used in) Operating Activities
2,760	2,672	2,463	2,235	2,285	2,440	2,390	2,315	2,056	1,751	1,790	1,761	1,721	1,732	1,623	1,608	1,643	1,532	1,643	1,414	1,327	1,291	1,170	1,066	1,267	1,280	1,221	1,330	1,220	1,219	1,243	1,428	1,379	1,346	1,396	1,286	1,366	1,359	1,308	1,293	1,184	1,083	0	0	0
Cash Flows from Investing Activities
Proceeds from maturities of available-for-sale marketable securities
14	18	18	20	16	11	6	4	3	2	3	6	10	41	49	55	59	38	38	38	38	37	37	37	37	36	41	37	28	29	20	14	14	11	6	11	11	11	62	77	276	439	0	0	0
Purchases of available-for-sale marketable securities
12	15	14	16	14	10	5	4	3	3	3	6	10	45	50	56	61	35	38	38	38	38	38	37	37	36	36	50	41	32	28	5	5	10	5	10	10	10	10	10	60	159	0	0	0
Purchases of property, net
239	245	235	208	147	116	89	73	80	81	81	89	91	91	86	93	103	114	126	124	135	140	135	147	141	125	132	134	135	141	146	147	157	172	191	194	175	160	142	132	148	157	0	0	0
Investments in business ventures
-	-	-	-	-	-	-	-	-	5	9	7	6	9	14	15	19	16	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of Bm&fbovespa
-	-	-	-	-	-	-	-	-	-	394	394	394	150	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of building property
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	200	200	200	192	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of Bolsa Mexicana de Valores, S.A.B de C.V.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-425	0	0	0
Cash acquired upon formation of Index Services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Investment in DME Holdings Limited
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Settlement of derivative related to debt issuance
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7	-7	-7	-7	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital contributions to FXMarketSpace Limited
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	0	0	0
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-
Net Cash Used in Investing Activities
-147	-152	-1,987	-1,971	-1,920	-1,889	-59	-32	-61	179	318	305	305	53	-24	-28	15	17	-112	-129	-194	-199	49	176	182	190	-126	-337	-189	-208	-92	-11	-152	-153	-153	-174	-133	-111	-63	-20	224	544	0	0	0
Cash Flows from Financing Activities
Proceeds from Issuance of Commercial Paper, net of issuances
-759	-92	425	626	849	386	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-99	-324	-524	-334	-1,393	0	0	0
Proceeds from other borrowings, net of issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	743	743	743	743	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	608	608	607	607	743	0	0	0
Repayment of other borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	420	0	0	0	-	-	-	-	-	-	-	-
Repayments of debt
0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net change in NYMEX securities lending program liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	456	0	0	0
Cash dividends
2,001	1,695	1,677	1,647	1,617	2,149	2,124	2,109	2,095	1,993	1,972	1,951	1,930	1,787	1,752	1,718	1,683	1,343	1,332	1,321	1,310	1,496	1,488	1,481	1,474	599	1,029	1,029	1,027	1,224	736	679	625	372	357	341	323	305	304	304	305	305	0	0	0
Settlement of derivative contracts
0	-16	14	14	14	30	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of Class A common stock, including costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	575	575	296	281	27	0	0	0
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	52	54	55	51	41	41	41	64	78	83	77	53	46	57	65	73	56	38	27	22	19	12	10	5	11	12	13	12	10	11	20	20	0	0	0
Proceeds from lease financing obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	130	130	130	130	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution paid to non-controlling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	607	0	0	0	-	-	-	-
Excess tax benefits related to employee option exercises and restricted stock vesting
-	-	-	-	-	-	-	-	-	-	-	-	-	9	10	9	10	7	7	2	3	4	4	7	7	6	6	3	2	4	3	3	3	0	2	3	3	5	4	4	4	2	0	0	0
Employee taxes paid on restricted stock vesting
42	36	36	34	34	35	35	34	34	31	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
45	37	5	6	10	15	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	0	-	-	-	-	-	-	-	-
Net Cash Used in Financing Activities
-2,757	-2,340	-2,289	-2,057	-642	-1,080	-984	-961	-2,096	-1,985	-1,948	-1,916	-1,894	-1,620	-1,612	-1,570	-2,207	-1,223	-1,184	-1,170	-492	-2,195	-2,197	-2,173	-2,239	-606	-1,046	-318	-248	-448	36	-816	-830	-1,005	-981	-782	-1,012	-653	-880	-1,358	-1,303	-1,665	0	0	0
Net change in cash, cash equivalents and restricted cash
-143	179	-1,813	-1,792	-278	-528	1,346	1,321	-101	-54	160	150	131	165	-13	10	-548	326	346	113	641	-1,103	-977	-930	-789	865	48	674	781	562	1,187	599	397	187	261	330	220	594	364	-85	105	-37	0	0	0
Supplemental Disclosure of Cash Flow Information
Income taxes paid
630	591	717	678	568	577	530	559	761	762	803	772	688	706	713	733	700	716	666	712	669	641	601	622	621	612	641	607	627	624	721	734	812	816	805	825	745	765	732	652	609	629	0	0	0
Interest paid
133	146	145	146	121	108	84	84	84	84	84	84	84	84	84	85	86	89	89	90	89	111	111	133	133	133	133	122	122	110	110	110	110	111	113	115	117	104	105	95	98	90	0	0	0
Non-cash investing activities:
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, before Tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9	11	9	10	12	0	0	0