DANAHER CORPORATION DHR Cash Flow

Danaher corporation (DHR)

CashFlow / Quarterly

Apr'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 (Loss), Including Portion Attributable to Noncontrolling Interest
595,100	1,269,200	673,900	731,300	333,800	746,800	663,700	673,800	566,600	856,600	572,100	557,300	506,100	747,000	391,600	656,700	758,400	688,600	1,403,300	695,700	569,800	661,700	680,600	676,400	579,700	789,300	597,000	616,800	691,900	630,400	548,700	600,200	612,900	570,750	523,428	648,764	429,358	473,856	646,435	372,476	300,233	266,935	351,363	295,694	237,712
Less: earnings from discontinued operations, net of income taxes
0	-	-	-	1,500	-	-	-	-	297,600	0	0	22,300	0	-11,000	238,700	172,600	167,600	1,451,100	-19,800	11,800	-	-	-	-	-	-	-	-	118,000	0	0	92,900	7,183	8,020	209,214	12,583	44,329	12,631	10,354	7,486	-	-	-	-
Net earnings from continuing operations
595,100	-	-	-	332,300	-	-	-	-	559,000	572,100	557,300	483,800	747,000	402,600	418,000	585,800	521,000	-47,800	715,500	558,000	-	-	-	-	-	-	-	-	512,400	548,700	600,200	520,000	563,567	515,408	439,550	416,775	429,527	633,804	362,122	292,747	-	-	-	-
Noncash items:
Depreciation
141,400	114,100	149,800	161,800	138,700	112,700	147,400	153,500	148,500	110,800	144,900	142,900	139,500	149,100	134,000	133,400	128,500	134,600	76,400	138,000	135,000	44,300	132,000	140,400	132,200	121,300	133,400	129,500	127,500	119,400	123,700	123,800	121,000	121,133	124,596	56,411	48,560	47,510	45,826	49,338	47,026	36,859	46,849	46,266	45,391
Amortization
156,400	88,500	177,900	201,300	157,400	88,100	174,100	181,100	172,300	85,900	166,500	160,300	166,100	156,500	143,200	144,200	139,200	137,400	59,900	99,000	100,500	9,300	72,400	95,000	92,500	67,600	91,900	90,100	89,300	59,200	86,900	83,700	81,300	82,565	83,096	63,076	55,563	54,189	50,049	48,395	45,967	42,536	38,802	39,684	35,405
Stock-based compensation expense
45,200	28,800	44,600	50,300	35,100	26,500	38,200	40,100	33,300	22,300	33,400	37,800	33,600	33,500	31,400	35,300	29,600	26,900	18,400	28,200	30,300	1,700	28,000	26,000	29,000	23,900	29,600	28,300	27,800	24,300	29,000	26,700	23,700	23,984	25,650	23,190	22,776	22,146	25,072	24,400	16,482	20,426	21,234	21,759	23,931
Dividends received related to earnings of unconsolidated joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	66,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pretax gain on sales of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	223,400	0	12,400	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends from unconsolidated joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-6,100	6,100	16,100	9,300	-5,659	7,473	2,111	14,475	-	-	-	-	-	-	-	-
Pre-tax gain on sale of unconsolidated joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	229,800	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Change in trade accounts receivable, net
-181,600	130,100	33,700	65,200	-72,600	183,100	31,000	59,400	-219,000	217,100	-2,500	96,200	-168,300	88,300	33,300	145,000	-83,500	84,300	-83,800	102,900	-104,200	-63,800	-52,200	152,800	5,900	29,800	-23,500	134,800	-105,900	212,100	-141,200	104,400	-97,700	135,851	-21,220	74,424	-53,755	170,896	16,340	102,010	-38,346	42,503	57,992	-4,920	-198,886
Change in inventories
175,600	-147,500	-2,100	46,900	124,600	-121,000	58,300	68,200	128,900	-101,300	52,800	-11,500	56,900	-147,900	33,600	19,300	85,600	-187,300	-61,800	-8,500	111,100	-157,900	30,300	-8,200	67,000	-162,500	6,500	23,100	89,400	-112,100	26,900	-49,500	76,100	-148,408	-41,260	-11,816	39,484	-39,209	43,496	83,535	73,878	-84,982	-21,547	-93,017	1,974
Change in trade accounts payable
10,000	99,600	-34,500	-54,100	7,100	158,100	-15,500	35,600	51,400	-5,400	55,600	-13,200	-90,900	116,200	4,600	73,300	-116,000	192,500	-67,400	10,000	-84,800	142,500	-11,800	45,800	-96,800	75,600	17,700	71,900	10,100	25,300	-32,900	47,900	23,500	9,117	-16,270	8,254	35,499	31,819	11,116	83,811	90,454	60,165	51,668	-47,890	-150,524
Change in prepaid expenses and other assets
-79,100	177,700	-13,500	-44,400	-167,500	169,700	-59,400	-61,200	-125,000	255,200	-56,100	-126,800	-59,400	234,300	-67,700	-57,100	-47,100	283,500	-117,300	-70,500	-26,800	253,300	-27,100	-45,200	-36,200	270,200	-43,900	-69,800	-43,600	205,300	-33,800	8,300	-84,600	171,903	-17,599	-13,696	-29,608	55,148	1,089	-82,131	-41,606	-28,435	-77,198	44,382	-75,775
Change in accrued expenses and other liabilities
-207,200	368,200	-28,000	137,700	-73,400	454,300	-58,500	18,300	-358,300	578,800	94,100	34,000	-342,700	-6,700	-45,400	284,400	18,400	292,400	-32,400	134,500	-229,300	172,400	79,000	126,700	-188,700	49,700	40,900	50,700	-207,000	2,000	78,000	241,500	-215,000	-101,822	-116,905	253,925	-174,298	117,879	157,573	56,000	-103,252	140,381	37,228	76,597	-147,923
Total operating cash provided by continuing operations
826,000	-	-	-	712,700	-	-	-	-	-	-	-	-	649,000	850,000	981,400	607,100	943,700	257,600	1,101,300	529,600	-	-	-	-	-	-	-	-	635,100	975,400	1,044,500	651,400	816,257	688,181	793,383	434,279	541,622	560,928	520,652	395,498	-	-	-	-
Total operating cash provided by discontinued operations
-7,000	-	-	-	-9,400	-	-	-	-	-	-	-	-	0	-31,800	300,400	165,700	287,900	695,000	-7,300	-6,000	-	-	-	-	-	-	-	-	164,600	-14,200	-35,700	-6,100	10,969	11,761	-130,734	2,204	31,709	18,339	17,271	-1,619	-	-	-	-
Net operating cash provided by operating activities
819,000	1,111,200	965,600	1,171,500	703,300	1,237,600	919,500	1,036,000	828,900	834,700	1,072,400	1,010,500	560,200	649,000	818,200	1,281,800	772,800	1,231,600	952,600	1,094,000	523,600	1,239,400	1,016,100	991,700	511,200	1,078,200	971,400	899,200	636,500	799,700	961,200	1,008,800	645,300	827,226	699,942	662,649	436,483	573,331	579,267	537,923	393,879	495,342	503,148	485,665	316,679
Cash flows from investing activities:
Cash paid for acquisitions
20,734,500	200	4,500	18,400	308,200	0	105,500	2,067,800	0	-	-	-	-	4,780,500	6,900	-2,000	94,700	40,700	13,614,300	110,200	482,600	2,207,000	25,700	443,900	162,800	13,900	546,000	310,500	12,100	634,900	27,700	889,400	55,700	123,713	30,808	5,538,859	517,420	561,632	169,542	135,284	1,263,242	-	-	-	-
Payments for additions to property, plant and equipment
132,500	117,100	181,900	196,400	140,100	142,200	149,600	153,800	137,900	124,900	139,300	147,900	158,600	167,500	148,600	150,900	122,600	161,300	98,400	136,200	117,000	56,100	130,700	147,700	130,900	146,300	139,300	136,200	116,300	112,400	104,900	110,700	117,800	119,678	109,721	58,795	46,306	50,919	51,062	51,834	37,285	60,024	31,471	47,535	36,408
Proceeds from sales of property, plant and equipment
500	-1,300	2,000	11,600	500	4,700	200	1,000	400	200	2,300	29,300	700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,410	-	84	296	331	1,628	1,221	1,832	334
Payments for purchases of investments
37,300	75,500	73,200	49,100	43,200	84,900	61,100	0	0	-	-	-	-	-	-	-	-	0	0	0	87,100	-80,000	80,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,000	0	16,790	33,978
Proceeds from sales of investments
-	-	-	-	-	100	0	200	21,900	138,000	0	0	0	200	0	0	264,800	0	43,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of unconsolidated joint venture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	692,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
All other investing activities
-35,200	0	-13,000	-8,100	-7,800	-300	-29,300	22,200	7,100	0	-100	-3,300	5,800	-21,900	0	0	0	29,000	-28,400	-3,300	-3,200	4,200	-9,500	-2,200	-9,000	-1,200	-2,300	-3,000	8,900	-6,800	-9,100	-11,400	-2,700	-	-	-	-	-	-	-	-	-	-	-	-
Total investing cash used in continuing operations
-20,868,600	-	-	-	-483,200	-	-	-	-	-	-	-	-	-4,923,500	-153,500	-143,700	47,500	-170,600	-13,641,300	-243,100	-683,500	-	-	-	-	-	-	-	-	-740,500	-123,500	-988,700	-170,800	-242,730	-121,221	-5,596,633	-561,316	-640,388	-135,294	-186,822	-1,300,196	-	-	-	-
Proceeds from sale of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	337,500	-	-	-	-	-	-	-	-	-	-	-	-
Total investing cash used in discontinued operations
0	-	-	-	-15,300	-	-	-	-	-	-	-	-	0	-100	-30,500	-39,200	-89,800	-111,700	-3,800	-7,200	-	-	-	-	-	-	-	-	-	-	-	-	-819	-167	-875	-3,639	-21,152	-1,829	-2,101	-1,118	-	-	-	-
Net operating cash used in investing activities
-20,868,600	-266,100	-244,600	-228,900	-498,500	-297,400	-286,700	-2,242,600	-122,700	-315,500	-155,000	-209,200	-163,700	-4,923,500	-153,600	-174,200	8,300	-260,400	-13,753,000	-246,900	-690,700	-2,446,100	-149,100	-564,400	-284,700	19,500	-683,000	-443,700	554,700	-942,100	-123,500	-988,700	166,700	-243,554	-121,388	-4,917,403	-564,955	-621,540	-177,123	-188,923	-1,301,314	-498,777	-171,251	-202,861	-70,052
Cash flows from financing activities:
Proceeds from the issuance of common stock in connection with stock-based compensation
10,300	15,100	32,000	45,700	37,300	18,700	27,600	26,500	23,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from Issuance of Common Stock
0	0	0	0	1,443,200	0	0	0	0	-49,000	13,200	15,300	20,500	7,900	11,800	100,900	43,900	50,900	66,600	69,900	61,600	57,900	14,100	30,900	30,000	28,700	38,700	55,700	54,300	68,800	38,900	33,300	71,000	52,228	9,950	999,842	50,480	61,200	24,350	62,537	30,313	77,642	49,830	29,563	17,198
Proceeds from Issuance of Preferred Stock and Preference Stock
0	0	0	0	1,599,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of dividends
138,100	141,700	151,100	121,700	112,200	112,200	111,900	111,800	97,500	97,300	97,100	97,300	86,600	86,500	110,500	110,100	92,700	92,500	95,700	95,500	70,400	70,300	70,000	70,000	17,400	17,400	17,400	17,300	0	34,400	17,300	17,400	17,300	17,171	17,156	13,705	13,268	13,113	13,075	13,050	12,962	12,941	9,628	9,586	9,562
Payment for purchase of noncontrolling interest
-	-	-	-	-	-	-	-	-	0	0	0	64,400	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from (repayments of) borrowings (maturities of 90 days or less)
390,200	2,057,700	144,500	685,700	-86,100	-816,400	-148,000	1,266,700	-236,600	-459,400	-931,600	-1,952,600	-434,900	4,552,300	-1,156,200	-100,900	-1,077,100	-2,637,200	6,408,300	-12,400	-247,500	323,500	2,100	-16,500	3,100	4,700	0	-3,700	-764,300	690,900	-185,000	52,900	-362,900	-562,071	953,924	444,876	17,271	9,131	-30,674	29,065	-7,522	11,384	10,786	-45,854	-422,027
Proceeds from borrowings (maturities longer than 90 days)
4,371,400	-	-	-	0	-	-	-	-	-	-	-	-	0	0	2,978,600	262,300	732,500	4,950,400	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	744,615
Repayments of borrowings (maturities longer than 90 days)
-	-	-	-	-	-	-	-	-	-	-	-	-	126,400	1,850,100	503,800	300	33,400	300	600	1,200	9,800	1,300	402,600	1,000	900	656,500	309,900	500	58,100	1,200	800	1,400	7,827	1,592,552	0	2,021	-	-	-	2,919	17,361	2,677	350	3,800
All other financing activities
-300	-37,300	-1,200	-800	-4,000	-1,300	-400	-5,400	-10,800	-9,100	-13,400	-12,000	-25,300	-300	0	0	-26,700	0	0	0	-3,300	-20,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net operating cash provided by financing activities
4,633,500	4,755,400	8,127,700	605,000	2,877,800	-915,100	-732,700	1,172,100	-321,700	-553,900	-1,028,900	-925,000	-590,700	4,347,000	-3,778,400	2,364,700	-890,600	-1,979,700	11,329,300	-38,600	-260,800	280,400	-55,100	-458,200	14,700	15,100	-635,200	-275,200	-710,500	277,300	-423,100	68,000	-310,600	-534,805	-645,834	3,216,777	52,462	47,818	-19,399	81,471	6,910	58,724	48,311	-26,227	326,424
Effect of exchange rate changes on cash and equivalents
-128,500	59,700	-30,200	-24,000	39,600	-13,500	-27,900	-107,200	30,900	16,400	33,700	46,200	34,400	-80,200	-12,400	-39,000	-17,000	-34,200	-37,400	22,500	-66,700	-93,400	-107,700	5,500	-9,900	6,800	17,500	-6,100	-8,700	2,500	8,500	-13,200	4,900	3,745	65	-3,999	36,589	-1,630	19,360	-3,903	-15,027	30,400	-2,388	25,889	10,040
Net change in cash and equivalents
-15,544,600	5,660,200	8,818,500	1,523,600	3,122,200	11,600	-127,800	-141,700	415,400	-18,300	-77,800	-77,500	-159,800	-7,700	-3,126,200	3,433,300	-126,500	-1,042,700	-1,508,500	831,000	-494,600	-1,019,700	704,200	-25,400	231,300	1,119,600	-329,300	174,200	472,000	137,400	423,100	74,900	506,300	52,612	-67,215	-1,041,976	-39,421	-2,021	402,105	426,568	-915,552	85,689	377,820	282,466	583,091
Supplemental disclosures:
Cash interest payments
39,200	-	63,700	7,200	42,000	-	63,600	17,700	47,700	-	59,000	10,200	48,200	-	97,400	26,000	76,000	-	40,100	20,400	37,300	20,300	37,400	23,100	37,200	-	66,600	23,000	37,700	-	65,000	23,600	38,300	-	70,107	2,070	36,369	-	65,749	2,622	36,570	-	67,798	1,531	16,856
Cash income tax payments
60,900	-	298,700	202,400	-6,300	-	191,600	176,900	133,500	-	112,000	124,000	142,300	-	97,700	146,200	86,900	-	100,300	124,100	101,000	188,300	142,400	170,100	68,200	-	168,300	125,600	57,100	-	77,400	94,900	53,900	-	205,194	69,411	93,285	-	63,188	121,303	-6,863	-	60,175	65,611	33,807