Dean Foods Co DF Cash Flow

Dean foods co (DF)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
-500,804	-327,358	61,588	119,929	-8,508	-20,296	819,357	161,041	-1,592,171	82,756	227,847	183,770
Income from discontinued operations, net of tax
0	0	11,291	-312	-1,095	-652	2,803	139,279	132,495	43,743	-862	3,158
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax
-70	4,872	2,875	-376	668	543	491,195	-2,053	3,616	7,521	89	-1,275
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization
153,222	156,027	170,640	178,385	176,884	164,297	173,829	186,748	190,141	247,239	253,930	236,820
Non-cash lease expense
124,866	0	0	-	-	-	-	-	-	-	-	-
Share-based compensation expense
2,383	7,895	11,021	29,830	16,377	12,276	19,289	29,091	30,422	36,872	39,371	35,180
Non-cash prepetition facility closing and restructuring costs, net
2,275	39,575	4,031	-	-	-	-	-	-	-	-	-
Non-cash reorganization items
19,638	0	0	-	-	-	-	-	-	-	-	-
Non-cash facility closing and reorganization costs, net
-	-	-	-1,265	-2,736	7,549	705	30,449	-14,796	-18,862	-	-
Impairment of long-lived assets
-	-	-	-	-	-	-	0	-	-	-	-
Asset Impairment Charges
177,357	204,414	30,668	0	109,910	20,820	43,441	-	-	-	-	-
Write-off of financing costs
3,755	0	1,080	0	0	-	6,791	3,519	-	3,695	-	-
Business Combination, Step Acquisition, Equity Interest in Acquiree, Remeasurement Gain
0	2,289	0	0	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
4,835	7,939	0	0	-	-	-	-	-	-	-	-
Impairment of goodwill and other long-lived assets
-	-	-	-	-	-	-	-	2,075,836	-	-	-
Loss on early retirement of debt
-	-	-	-	-43,609	-1,437	-63,387	0	-	-	-	-
Gain on disposition of WhiteWave common stock
-	-	-	-	-	-	415,783	0	-	-	-	-
Recognition of accumulated losses from de-designated cash flow hedges
-	-	-	-	-	-	-63,454	0	-	-	-	-
Goodwill impairment
-	-	-	-	-	-	-	-	-	-	0	-
(Gain) loss on divestitures and other, net
-	-	-	-	-	-	-	-	-	-	-29,453	-
Deferred income taxes
-6,123	-39,870	-25,431	26,376	-34,359	62,927	10,765	22,429	-490,853	121,043	40,352	67,980
Obligations under litigation settlement
-	-	-	-	-	2,521	0	0	-	-	-	-
Other, net
4,507	-4,068	-8,467	4,861	-9,225	-7,954	-1,557	-8,015	-1,672	1,291	1,337	-
Changes in operating assets and liabilities, net of acquisitions:
Loss on disposition of assets and operations
-	-	-	-	-	-	-	-	-	-	-	-2,968
Write-down of impaired assets
-	-	-	-	-	-	-	-	-	-	-	20,740
Other
-	-	-	-	-	-	-	-	-	-	-	-6,380
Receivables, net
-15,117	-88,049	5,606	462	-94,279	-3,369	-22,192	7,714	48,870	-32,777	-57,577	-58,383
Inventories
-4,883	-23,205	-12,714	19,434	1,495	-11,237	657	2,936	10,411	-590	8,389	4,820
Prepaid expenses and other assets
21,801	-22,275	11,625	-7,474	-8,148	-7,849	5,653	-2,644	20,349	-7,213	-5,393	-11,055
Accounts payable and accrued expenses
107,985	-8,138	-63,520	-65,165	-46,524	-41,253	-131,766	20,525	68,815	17,373	59,148	64,656
Termination of interest rate swap liability
-	-	-	-	-	-	-28,147	0	-	-	-	-
Income tax receivable
2,341	-2,080	3,438	2,241	56,297	-49,105	-459,708	10,517	42,762	-55,220	-46,039	-
Operating lease liabilities
-123,158	0	0	-	-	-	-	-	-	-	-	-
Litigation settlement
-	-	-	-18,853	-18,853	-18,605	-18,372	-61,325	103,838	30,000	-	-
Contributions to company-sponsored pension plans
0	0	38,500	0	0	-	-	-	-	-	-	-
Income taxes receivable/payable
-	-	-	-	-	-	-	-	-	-	-	45,037
Net cash provided by (used in) operating activities continuing operations
-	-	-	-	-	-	-330,727	204,879	229,517	490,645	658,079	713,506
Net cash provided by operating activities discontinued operations
-	-	-	-	-	-	14,086	277,539	209,520	28,573	2,475	3,122
Net cash provided by (used in) operating activities
-47,336	152,962	144,799	257,413	408,153	152,946	-316,641	482,418	439,037	519,218	660,554	716,628
Cash flows from investing activities:
Payments for property, plant and equipment
89,402	115,367	106,726	144,642	162,542	149,421	175,163	123,892	178,416	275,922	267,690	256,139
Payments for acquisitions, net of cash acquired
0	13,324	21,596	158,203	0	0	-	-	-	-	581,211	95,851
Proceeds from insurance claims
-	-	-	-	-	-	-	3,075	786	-	-	-
Net proceeds from divestitures
-	-	-	-	-	-	-	58,034	91,958	-	-	-
Proceeds from sale of fixed assets
5,987	19,467	4,336	14,705	18,495	27,629	9,940	12,962	6,650	8,239	8,833	11,329
Other investments
0	0	11,000	0	2,200	0	0	253	-	-	-	-
Net cash used in investing activities continuing operations
-	-	-	-	-	-	-165,223	-50,074	-79,022	-267,683	-840,068	-340,661
Net cash provided by investing activities discontinued operations
-	-	-	-	-	-	1,403,494	-124,104	-49,238	-1,771	-525	-826
Net cash used in investing activities
-83,415	-109,224	-134,986	-288,140	-146,247	-121,792	1,238,271	-174,178	-128,260	-269,454	-840,593	-341,487
Cash flows from financing activities:
Repayments of debt
1,834	1,053	143,323	1,232	1,416	668	1,027,416	1,350,275	209,268	-	-	-
Early retirement of debt
-	-	-	-	476,188	23,812	400,000	0	-	-	-	-
Premiums paid on early retirement of debt
-	-	-	-	37,309	1,161	57,243	0	-	-	-	-
Payments of financing costs
40,627	715	1,786	0	16,816	3,287	6,197	0	600	52,720	-	-
Proceeds from DIP senior credit facility
70,000	0	0	-	-	-	-	-	-	-	-	-
Repayment of Dean Foods Company senior secured term loan debt
-	-	-	-	-	-	-	-	-	514,189	330,363	-
Repayment of debt
-	-	-	-	-	-	-	-	-	-	-	109,987
Proceeds from senior secured revolver
1,294,501	351,800	326,900	254,300	360,670	2,277,297	1,043,700	2,481,800	3,274,390	4,006,680	3,689,000	3,298,200
Payments for senior secured revolver
1,125,001	343,700	324,800	245,200	430,971	2,257,246	1,258,450	2,316,500	3,627,690	4,068,880	3,173,800	3,848,500
Proceeds from receivables securitization facility
660,000	2,420,000	2,525,000	945,000	685,000	2,656,000	908,000	2,683,816	3,956,616	2,220,267	1,784,728	1,852,320
Payments for receivables securitization facility
670,000	2,435,000	2,360,000	905,000	920,000	2,634,000	695,000	2,906,311	3,734,123	2,220,267	2,244,728	1,992,320
Proceeds from short-term credit facility
-	-	-	-	-	-	626,750	0	-	-	-	-
Payments for short-term credit facility
-	-	-	-	-	-	37,521	0	-	-	-	-
Proceeds from issuance of 2023 notes
-	-	-	-	700,000	0	0	-	-	400,000	-	-
Common stock repurchase
-	-	-	25,000	53,010	25,000	0	0	-	-	-	-
Proceeds from issuance of subsidiary's common stock
0	444	0	0	-	-	-	-	-	-	-	419,663
Repurchase of subsidiary's common stock
28	0	0	-	-	-	-	-	-	-	-	-
Cash dividends paid
0	27,400	32,700	32,800	26,182	26,232	0	0	-	-	-	-
Issuance of common stock, net of share repurchases for withholding taxes
-425	-445	-535	-720	-16	7,861	23,481	6,434	3,623	3,415	454,326	-
Tax savings on share-based compensation
-	-	-	746	342	360	1,954	571	33	278	894	7,581
Capital contribution from non-controlling interest
-	-	-	-	-	-	-	-	-	7,992	12,708	-
Net cash used in financing activities continuing operations
-	-	-	-	-	-	-877,942	-1,400,465	-337,019	-217,424	-	-373,043
Net cash used in financing activities discontinued operations
-	-	-	-	-	-	-51,584	1,098,002	43,421	-268	-	-
Net cash provided by (used in) financing activities
186,586	-36,074	-11,281	-9,934	-215,896	-29,888	-929,526	-302,463	-293,598	-217,692	192,765	-
Increase (decrease) in cash and cash equivalents
55,835	7,664	-1,468	-	-	-	-	-	-	-	-	-
Effect of exchange rate changes on cash and cash equivalents
-	-	-	-2,093	-1,638	-1,666	1	733	-1,097	-502	808	-
Change in cash and cash equivalents
-	-	-	-42,754	44,372	-400	-7,895	6,510	16,082	31,570	13,534	2,098
Disposition of retained investment in WhiteWave common stock
-	-	-	-	-	-	589,229	0	-	-	-	-