CRANE CO. CR Cash Flow

Crane co. (CR)

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
Operating activities:
Net income attributable to common shareholders
62,800	-112,600	72,500	91,000	82,400	89,200	97,000	80,700	68,700	-28,700	68,200	69,200	63,100	-64,000	63,500	68,300	55,000	65,200	56,900	55,700	51,100	56,200	28,100	59,700	48,700	22,904	57,131	54,874	57,791	45,644	57,125	62,562	51,662	-125,129	52,540	50,437	48,467	39,388	41,507	40,041	33,234
Net Income (Loss) Attributable to Noncontrolling Interest
0	100	100	0	100	-100	0	0	0	100	300	100	200	500	200	100	200	400	300	100	300	400	100	200	200	-143	352	540	151	327	182	185	134	324	-134	100	-89	-148	96	122	-50
Net income before allocation to noncontrolling interests
62,800	-112,500	72,600	91,000	82,500	89,100	97,000	80,700	68,700	-28,600	68,500	69,300	63,300	-63,500	63,700	68,400	55,200	65,600	57,200	55,900	51,300	56,600	28,200	59,900	48,900	22,761	57,483	55,414	57,942	45,971	57,307	62,747	51,796	-124,805	52,406	50,537	48,378	39,240	41,603	40,163	33,184
Deconsolidation of a joint venture
0	-	-	-	1,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on deconsolidation of joint venture
0	-400	0	400	-200	2,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on deconsolidation of joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	100	1,200	200	0	0	600	400	1,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on divestiture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	4,258	-	-	-	-
Depreciation and amortization
29,900	29,300	27,900	28,600	27,700	35,900	27,800	28,400	27,900	18,700	18,500	18,100	17,400	16,600	16,700	17,600	16,500	17,100	16,000	17,400	16,500	17,800	18,100	18,100	21,800	37,641	12,435	13,014	12,710	14,141	13,174	15,274	14,674	15,735	15,581	15,853	15,774	15,245	14,751	15,408	14,437
Stock-based compensation expense
5,800	5,500	5,600	5,700	5,500	5,500	4,900	5,600	5,600	5,300	5,400	5,500	5,600	4,900	5,400	5,300	6,100	5,500	5,000	5,000	5,800	5,000	5,300	5,000	5,600	4,601	5,913	5,007	5,379	4,459	4,402	4,451	4,007	3,840	3,858	3,771	3,503	3,676	3,306	3,172	3,172
Defined benefit plans and postretirement credit
-1,800	-300	3,600	-2,000	-2,000	-3,400	-3,900	-3,800	-3,900	-2,200	-2,100	-2,100	-2,100	-1,800	-2,500	-2,400	-2,400	-1,900	-6,100	-2,000	-1,600	-2,700	-2,900	-3,000	-2,900	-15,039	1,180	1,416	943	5,321	4,796	4,982	4,991	1,367	1,811	843	2,749	23,939	-15,377	2,825	3,325
Deferred income taxes
6,100	-43,900	8,000	5,400	5,400	23,200	13,500	-1,700	12,700	86,300	6,000	10,100	-100	-41,200	8,500	2,300	5,300	16,300	15,400	3,700	4,300	34,200	-6,900	5,900	4,700	19,776	8,477	1,447	8,200	30,583	8,674	7,199	8,544	-65,662	8,219	6,627	6,893	540	17,693	6,538	6,682
Cash used for operating working capital
123,700	-117,100	-14,300	-32,000	203,400	-57,600	-4,500	16,300	29,500	-92,000	-45,100	20,300	62,800	-61,400	-46,700	-900	82,000	-30,500	-8,100	-2,400	57,100	-69,800	-7,100	-14,900	69,300	-111,308	-25,277	15,551	98,534	-81,146	-11,292	-12,889	103,503	-34,957	-8,479	18,141	67,250	-48,105	35,721	-11,041	31,687
Defined benefit plans and postretirement contributions
1,500	2,700	900	800	4,300	4,000	39,300	12,000	4,500	3,300	6,100	1,700	2,100	2,400	2,000	2,200	2,200	2,500	7,200	5,200	3,000	2,800	9,700	8,200	4,800	12,315	2,664	7,705	2,816	1,041	1,642	1,638	1,183	31,059	6,696	5,579	4,779	3,220	33,717	5,213	1,076
Environmental payments, net of reimbursements
2,700	1,700	2,500	2,400	1,600	900	1,200	1,900	2,300	1,900	1,700	700	2,000	3,400	1,600	4,600	2,000	4,600	6,000	3,500	4,100	19,000	-3,900	-2,000	-2,700	21,602	-5,727	-1,970	-3,505	24,627	-3,953	-4,724	-2,579	-799	-14,869	10,727	-4,593	-158	-4,588	-3,117	-3,200
Payments Or Receipts For Asbestos Related Fees And Costs Net Of Insurance Recoveries
11,700	12,500	11,100	8,200	9,700	17,500	11,500	32,000	2,900	15,700	18,600	13,500	14,700	14,500	15,800	14,900	10,800	13,700	11,400	14,100	10,700	15,100	15,400	17,900	12,900	12,986	19,374	18,447	10,493	17,906	20,834	20,982	18,235	138,510	-94,854	48,346	-12,725	110,383	-16,167	-16,360	-11,125
Other
1,300	-3,300	-1,000	6,700	-1,700	4,200	-800	10,200	2,400	4,800	-11,200	2,200	1,000	1,200	-2,500	-600	-1,700	800	-1,400	-3,000	-13,400	-6,400	-7,400	-9,200	-7,700	-36,248	-2,546	-1,677	9,771	-6,134	-8,696	4,010	-1,319	-686	-7,654	2,179	-142	-7,777	-6,177	1,159	3,106
Total used for operating activities
-35,500	222,900	118,500	152,900	-100,400	191,400	91,000	57,200	74,200	143,300	103,800	66,900	3,500	149,700	116,600	69,800	-18,000	113,600	69,700	57,600	-11,600	150,600	68,100	64,200	-18,900	173,001	80,454	30,948	-20,403	155,503	63,151	58,909	-42,807	84,818	49,791	31,369	-16,166	74,233	-4,601	47,086	16,818
Investing activities:
Acquisition-related and integration charges
-	-	-	-	-	-	-	4,000	5,200	-	500	2,600	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from (payments for) acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37,590	0	0	1,000	-	-	-	-
Payment for acquisition - net of cash acquired
172,000	156,200	0	0	0	0	-24,300	0	672,300	0	700	54,100	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89,294	0	0	51,167
Proceeds from Sale of Property, Plant, and Equipment
2,400	1,800	400	900	0	600	800	200	300	22,300	0	0	0	100	100	200	500	2,500	0	500	1,400	4,700	3,900	900	200	9,328	85	91	196	4,184	396	1,686	172	73	190	-23	4,553	-	-	-	-
Capital expenditures
7,800	17,900	14,800	16,300	19,800	33,200	31,600	16,500	27,500	14,700	13,500	11,200	9,600	13,000	11,900	15,600	11,000	11,400	8,100	9,900	10,200	11,500	11,500	11,300	9,400	24,684	6,977	6,566	5,473	9,364	6,164	6,615	7,165	7,034	9,421	10,144	8,138	7,444	5,199	4,271	4,119
Total used for investing activities
-177,400	-172,300	-4,500	-24,200	-20,000	-30,000	-6,500	-16,300	-699,500	2,400	-14,200	-65,300	-9,600	-12,900	-11,800	-15,400	-10,500	-8,800	-8,200	-9,400	-8,800	-6,800	-7,600	-2,200	-9,200	-7,156	-6,892	-6,475	-5,277	-4,700	-4,834	47,736	-6,993	-7,957	-44,825	-10,167	-2,585	-96,548	-441	-4,229	-55,286
Financing activities:
Dividends paid
25,500	23,100	23,400	23,300	23,400	20,800	20,900	20,900	20,900	19,600	19,500	19,700	19,600	19,400	19,300	19,300	19,200	19,200	19,100	19,200	19,100	19,100	19,500	17,700	17,600	24,122	17,440	16,194	16,144	15,976	15,923	14,985	15,090	15,035	15,098	13,385	13,474	13,360	13,453	11,815	11,743
Reacquisition of shares on open market
70,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	25,000	50,000	0	0	0	-	-	-	-	-	-	-	-	30,000	0	20,000	29,999	-	-	-	-
Stock options exercised - net of shares reacquired
100	300	1,400	1,600	-400	3,600	7,500	500	4,500	-	-	-	-	-	-	-	-	1,600	300	300	6,700	-500	900	4,000	3,800	-15,883	4,041	9,653	10,389	4,630	0	0	8,426	3,295	2,913	4,472	12,552	6,024	3,962	7,675	4,714
ProceedsfromCommericalPapergreaterthan90days
170,000	-	-	-	55,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Long-term Debt
0	0	0	0	3,000	13,100	4,100	0	550,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	0	0	0	5,400	2,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term debt
0	94,900	1,700	1,400	1,400	1,400	800	200,000	250,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of short-term debt
-	-	-	-	-	0	0	0	100,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	0	-1,100	900	-200	400	2,400	5,100	1,913	865	1,994	2,928	370	-45	331	2,947	391	347	1,407	3,952	1,470	851	578	391
Proceeds from (Repayments of) Lines of Credit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-100,000	-	-39,000	10,000	18,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from issuance of short-term debt
-	-	-	-	-	0	0	0	100,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds received from issuance of long-term notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-66,900	22,800	28,500	-197,000	-24,900	-4,800	126,700	-	-	-	-	-148,197	110,292	12,905	0	0	0	318	-318	333	-806	-454	-76	-440	834	-87	-3,046
Net proceeds from issuance of commercial paper with maturities of 90 days or less
14,500	124,400	0	0	0	-	-65,100	-101,300	272,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings under revolving credit facility
45,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Exercise of stock options, net of shares acquired
-	-	-	-	-	-	-	-	-	-	-2,900	-5,000	-12,800	-	-7,400	-3,600	1,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Commercial Paper
-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total provided by financing activities
134,300	-55,600	-23,700	-78,600	33,300	-136,900	-75,200	-346,700	550,900	-17,700	-41,600	-14,700	-6,800	-36,600	-78,800	7,100	7,900	-65,500	-43,700	-24,700	-9,900	-83,900	-57,100	-1,300	9,300	-36,289	-102,242	8,358	-2,827	-10,976	-35,968	-44,327	-4,035	-41,016	-12,644	-27,960	-27,045	-26,305	-27,805	-13,639	-9,684
Effect of exchange rates on cash and cash equivalents
-12,500	10,100	-8,500	100	500	-4,700	-3,900	-18,300	10,500	6,000	14,900	17,600	8,000	-26,800	1,400	-6,600	11,100	-11,000	-8,800	5,700	-19,000	-15,200	-16,000	3,300	-1,600	-33,313	11,166	3,448	-10,801	3,584	5,888	-5,879	4,606	-1,939	-12,504	4,961	6,017	5,997	12,882	-13,273	-4,978
Decrease in cash and cash equivalents
-91,100	5,100	81,800	50,200	-86,600	19,800	5,400	-324,100	-63,900	134,000	62,900	4,500	-4,900	73,400	27,400	54,900	-9,500	28,300	8,900	29,300	-49,300	44,600	-12,400	63,900	-20,400	96,243	-17,514	36,279	-39,308	143,411	28,237	56,439	-49,229	33,906	-20,182	-1,797	-39,779	-42,623	-19,965	15,945	-53,130
Detail of cash used for operating working capital:
Accounts receivable
-12,000	-27,900	-5,800	-35,500	65,400	-43,900	21,800	67,400	-50,100	-11,900	-3,800	6,200	19,600	-26,700	-5,300	9,400	28,800	-29,900	4,500	-10,100	37,900	-32,800	-18,700	8,900	17,400	-68,083	-6,042	9,500	39,425	-62,483	-7,247	21,957	50,351	117,751	-141,157	18,949	48,577	-41,317	27,341	-10,664	24,498
Inventories
31,100	-40,600	22,600	-3,600	29,900	7,600	-600	19,200	12,600	-23,600	3,900	1,100	12,200	-23,700	-16,000	-7,100	21,900	-21,300	19,900	4,200	20,200	-33,200	18,300	10,100	22,100	7,695	-3,469	48	13,026	-14,756	-1,689	4,576	3,318	79,099	-75,391	12,058	22,641	-4,953	7,917	9,484	8,993
Other current assets
17,100	5,000	-10,400	-900	7,600	-1,000	600	7,900	3,900	400	-1,900	700	0	300	-1,600	800	2,900	-1,800	-600	1,400	4,000	-2,200	-600	-400	1,400	-1,790	-20	-1,086	1,096	-2,143	129	2,558	1,112	400	-4,675	1,414	312	939	563	706	66
Accounts payable
-61,100	45,800	-15,000	11,700	-65,900	66,200	-7,100	31,500	-53,600	40,200	-1,700	4,000	-25,000	26,900	-3,100	8,100	-26,400	4,800	12,400	-1,200	-12,700	8,900	-6,300	20,200	-15,100	13,601	4,939	-5,553	-5,287	9,167	-9,780	1,195	-12,306	14,245	1,420	5,441	14,023	-6,747	-1,533	-153	14,858
Accrued liabilities
-26,500	3,300	31,600	-24,500	-45,600	-29,900	33,000	44,600	-6,800	19,900	38,400	-4,600	-22,900	-3,000	15,700	3,800	-6,900	-20,700	18,700	-400	8,500	5,100	2,300	9,500	-14,200	33,236	1,153	7,929	-39,618	2,292	6,313	26,608	-41,043	2,306	5,521	3,367	-14,509	2,650	8,101	5,681	-13,891
U.S. and foreign taxes on income
100	4,500	4,100	4,800	11,000	-16,000	400	2,100	-2,700	-3,200	6,600	-11,700	16,900	-12,600	11,200	-7,900	4,900	-6,600	800	-500	9,200	-12,400	10,100	3,900	800	2,293	9,654	-9,465	-82	-9,695	5,952	14,177	4,627	-18,888	14,859	5,472	4,766	6,871	-6,468	5,039	903
Cash used for operating working capital
123,700	-117,100	-14,300	-32,000	203,400	-57,600	-4,500	16,300	29,500	-92,000	-45,100	20,300	62,800	-61,400	-46,700	-900	82,000	-30,500	-8,100	-2,400	57,100	-69,800	-7,100	-14,900	69,300	-111,308	-25,277	15,551	98,534	-81,146	-11,292	-12,889	103,503	-34,957	-8,479	18,141	67,250	-48,105	35,721	-11,041	31,687
Supplemental disclosure of cash flow information:
Interest paid
8,000	15,700	7,700	14,900	9,100	14,800	10,800	17,500	4,400	17,300	1,000	17,000	700	17,700	800	17,500	800	17,400	800	17,800	1,500	18,300	1,300	18,200	1,600	18,909	6,851	7,627	6,013	46,095	-32,767	7,382	5,980	7,255	5,907	6,922	6,074	7,333	6,200	7,283	6,102
Income taxes paid
11,300	5,200	8,600	18,600	5,500	22,100	6,800	23,900	5,600	28,300	15,900	32,000	7,900	16,200	11,700	30,400	11,500	16,500	11,000	15,900	7,700	5,600	7,100	14,700	12,200	-10,965	5,721	33,138	11,706	49,970	-37,499	8,814	4,985	9,641	180	8,527	7,207	-191	4,283	5,963	5,596