DARDEN RESTAURANTS INC DRI Cash Flow

Darden restaurants inc (DRI)

CashFlow / Quarterly

Feb'20	Nov'19	Aug'19	May'19	Feb'19	Nov'18	Aug'18	May'18	Feb'18	Nov'17	Aug'17	May'17	Feb'17	Nov'16	Aug'16	May'16	Feb'16	Nov'15	Aug'15	May'15	Feb'15	Nov'14	Aug'14	May'14	Feb'14	Nov'13	Aug'13	May'13	Feb'13	Nov'12	Aug'12	May'12	Feb'12	Nov'11	Aug'11	May'11	Feb'11	Nov'10	Aug'10	May'10	Feb'10	Nov'09	Aug'09	Feb'09
Cash flows—operating activities
Net Income (Loss) Attributable to Parent
232,300	24,700	170,600	208,000	223,600	115,600	166,200	174,500	217,800	84,700	119,000	123,800	165,600	79,500	110,200	139,600	105,800	43,200	86,400	105,300	133,800	-32,800	503,200	86,500	109,700	19,800	70,200	133,100	134,400	33,600	110,800	151,200	164,000	53,700	106,600	137,500	151,200	74,500	113,100	115,600	134,300	60,300	94,300	107,500
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
-1,000	-700	-1,200	-700	-1,500	-300	-2,700	-900	-700	-3,900	-2,300	-1,600	-700	-200	-900	-800	-2,400	13,100	5,400	-12,800	5,400	-2,000	522,500	38,200	64,900	-28,100	28,000	175,100	-100	-200	-200	197,000	-200	-300	-200	-400	-600	-1,200	-200	-500	-500	-800	-700	-600
Adjustments to reconcile net earnings from continuing operations to cash flows:
Depreciation, Depletion and Amortization
87,700	87,600	86,200	87,900	85,300	82,800	80,700	79,000	79,200	78,800	76,100	70,400	67,900	67,800	66,800	66,800	67,000	75,300	81,100	80,900	79,600	80,100	78,700	78,400	12,600	139,200	74,200	-14,500	101,000	99,200	92,600	-17,500	89,000	85,700	84,100	81,600	80,500	78,000	76,700	76,100	78,100	73,800	72,900	71,200
Gain (Loss) on Sale of Assets and Asset Impairment Charges
-100	-100	0	-14,600	-1,600	-2,700	-100	-4,500	300	0	800	0	700	-100	7,800	9,700	2,100	-7,700	1,700	15,000	800	39,300	7,000	15,200	-200	400	1,000	100	0	100	700	-100	0	300	0	400	1,400	100	2,800	2,300	1,100	1,700	1,100	0
Amortization of loan costs and losses on interest-rate related derivatives
-	-	-	-	-	-	-	-	-	-	-	-	200	200	300	200	300	1,300	1,800	1,900	1,800	1,900	3,000	3,500	3,500	3,400	3,400	3,700	3,800	3,200	2,300	2,300	2,300	1,500	600	600	700	700	800	800	900	900	700	800
Stock-based compensation expense
14,600	13,800	14,200	14,500	13,700	13,700	17,900	10,600	14,100	9,700	8,400	13,400	9,300	11,800	6,200	8,100	11,900	7,100	10,200	12,400	11,400	23,700	6,200	5,500	1,900	22,600	8,700	4,000	7,300	14,300	14,400	5,400	16,600	13,200	11,500	17,900	17,600	17,900	13,200	15,800	14,700	13,200	9,800	13,100
Change in current assets and liabilities
-137,000	56,200	30,600	22,900	-149,300	10,800	79,200	21,900	-112,800	45,700	53,200	-20,900	-164,300	58,700	13,900	36,100	-140,800	68,500	22,500	-42,300	-102,600	6,300	62,300	86,700	-135,400	30,800	17,300	64,600	-157,500	162,800	-51,900	21,000	-198,100	217,500	82,000	16,000	-112,900	60,300	24,400	86,800	-247,200	20,100	-4,000	-109,600
Contributions to pension and postretirement plans
900	12,700	400	400	400	500	400	400	60,800	400	400	400	400	400	400	25,400	400	400	300	400	400	400	300	500	100	300	500	400	300	4,800	-2,300	45,400	-10,900	-300	-11,500	-1,300	-5,900	-5,800	-200	500	-300	-100	-700	-300
(Gain) loss on disposal of land, buildings and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,000	-2,200	-100	-	-2,200	-2,200	-1,700	1,400	-1,800	-3,100	0	-	-	-	-	-	700	-	-	-3,400
Change in cash surrender value of trust-owned life insurance
-	-	-	-	-	-	-	-	-	-	-	-	-4,700	-1,200	-2,300	-5,400	6,900	-2,900	4,700	-700	-1,900	-1,300	-2,600	-1,500	-2,300	-6,800	-1,600	-5,300	-6,400	-600	-4,500	4,000	-10,900	1,900	9,100	-1,100	-6,600	-6,900	900	1,000	-2,400	-1,700	-4,600	-200
Deferred income taxes
6,500	-15,400	7,000	31,600	5,100	7,000	3,800	8,400	-47,100	-4,300	22,400	-10,000	-7,100	-2,300	-3,500	54,800	-6,800	-34,800	-24,000	42,400	33,500	-11,300	-22,600	-23,200	-2,000	-14,000	-5,700	-14,700	25,800	4,900	-16,400	14,400	9,700	13,500	500	600	35,000	6,700	-13,500	4,500	-19,200	3,700	800	10,900
Change in deferred rent
0	0	0	7,800	7,800	9,100	9,600	8,800	8,700	9,500	9,600	8,400	8,600	8,800	7,100	5,700	7,400	5,900	4,800	4,800	4,200	6,300	6,700	7,300	6,200	8,400	7,600	6,100	6,900	7,100	5,500	3,500	4,600	4,700	4,400	3,900	4,500	4,400	4,300	4,100	3,700	3,900	3,700	4,400
Change in other assets and liabilities
7,900	3,100	3,700	-15,200	2,500	-4,900	8,100	-25,600	12,500	1,100	-2,600	-14,500	4,400	15,800	-700	-900	600	-4,600	-400	-10,100	-3,300	11,000	-1,400	-34,700	1,800	6,700	7,300	-17,300	-13,200	11,100	-4,600	-14,600	2,600	1,100	-4,900	36,600	-15,000	2,000	-8,200	13,100	-16,900	-5,000	-5,600	10,500
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-800	-10,500	-80,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income tax benefits from exercise of stock-based compensation credited to goodwill
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-300	0	0	-300	0	-100	-100	0	-900	-300	0	-200	0
Other, net
6,900	3,500	-1,900	-2,000	3,900	-12,500	3,100	-800	2,900	2,600	1,400	-3,900	1,100	400	-10,200	-2,500	-1,500	-900	-3,300	-4,100	-600	1,800	-3,900	-5,000	1,300	-1,700	-3,000	-7,400	-3,300	-2,000	-900	-1,900	-3,100	-800	600	400	-1,200	-1,000	-400	-7,000	800	1,600	600	2,600
Net cash provided by operating activities of continuing operations
479,300	189,300	253,800	347,600	486,100	227,500	206,400	268,800	436,900	134,700	179,400	215,000	407,000	121,200	173,100	223,200	406,600	52,600	138,000	318,300	358,100	120,900	77,000	49,000	203,300	180,700	122,400	-95,600	422,400	14,400	253,200	-37,000	470,200	-38,000	118,300	232,000	380,600	67,200	214,900	150,800	442,100	132,600	177,900	334,100
Cash flows—investing activities
Purchases of land, buildings and equipment
118,000	139,400	117,100	105,100	113,900	126,600	106,400	101,100	97,200	102,000	95,700	79,000	78,700	75,200	60,100	55,500	50,600	57,300	64,900	66,400	62,700	85,700	81,700	77,300	-6,500	223,600	120,400	-8,400	163,300	205,900	149,300	-25,800	145,000	200,200	138,200	157,600	113,900	163,000	113,200	108,000	109,700	118,700	95,700	125,200
Proceeds from disposal of land, buildings and equipment
0	1,700	2,600	500	11,900	0	800	0	200	200	2,900	100	1,300	3,100	3,800	3,800	10,000	181,200	130,200	43,100	14,100	10,700	0	2,800	-1,600	1,600	1,600	300	0	0	0	-200	1,200	500	1,600	1,200	1,500	0	4,300	1,200	2,500	3,400	5,400	1,000
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,300	0	0	7,600	0	5,400	21,200	5,500	4,200	0	0	2,300	-	15,500	-	-	0
Proceeds from sale of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	2,000	0	-	-	-	-	0	2,000	2,600	5,100	0	5,400	3,300	0	9,600	4,900	-100	11,600	0	1,300	17,600	2,400	500	200	0	4,400	-	11,100	-	-	11,300
Cash used in business acquisitions, net of cash acquired
13,100	0	37,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of capitalized software and other assets
6,100	5,400	5,400	8,500	5,900	6,100	5,400	8,100	4,500	5,300	4,900	6,500	5,400	6,600	6,800	10,500	2,300	6,800	3,700	3,000	5,800	3,500	3,900	11,900	3,900	7,200	8,600	8,700	12,100	6,200	13,500	5,000	4,400	5,500	400	2,100	2,400	3,200	2,900	1,200	2,500	800	1,900	1,900
Other, net
500	-300	10,000	-200	0	-100	-1,800	-400	0	-3,400	-1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities of continuing operations
-137,700	-142,800	-166,900	-112,900	-107,900	-132,600	-109,200	-108,800	-101,500	-144,100	-96,700	-849,400	-79,600	-77,600	-63,100	-61,200	-42,900	117,900	61,600	-26,300	-52,400	-75,900	-80,500	-86,400	3,400	-225,900	-127,400	4,300	-169,500	-790,600	-158,800	20,700	-151,700	-268,000	-140,100	-162,200	-114,600	-166,200	-109,700	-108,000	-114,100	-114,400	-92,200	-114,800
Cash flows—financing activities
Proceeds from issuance of common stock
2,900	3,600	11,200	13,900	3,700	8,400	33,300	2,300	18,100	1,600	15,800	50,600	16,500	42,700	3,300	20,100	17,100	5,200	56,900	52,600	56,200	41,600	9,300	14,300	16,600	19,000	8,200	15,000	12,000	22,700	14,700	25,100	16,800	5,600	22,700	13,100	19,200	25,000	5,700	37,700	20,000	4,600	4,000	7,700
Income tax benefits credited to equity
-	-	-	-	-	-	-	-	-	-	-	15,100	3,800	7,700	600	3,000	2,500	400	11,600	9,300	5,100	3,000	1,000	1,400	4,200	3,700	1,600	3,200	2,100	4,300	4,000	5,900	3,700	900	7,400	5,000	5,300	6,600	800	11,600	6,600	900	1,000	1,300
Dividends paid
106,600	107,600	108,100	92,400	92,400	93,000	93,000	78,600	77,900	77,900	79,100	70,200	69,400	69,000	70,500	63,400	64,200	70,600	70,000	69,600	68,400	68,100	72,800	72,600	72,400	71,600	71,700	65,000	64,700	64,500	64,000	55,300	55,000	55,900	57,700	43,500	43,700	43,900	44,400	35,300	34,800	35,200	34,700	27,200
Repurchases of common stock
69,400	136,100	94,800	41,500	73,700	61,000	31,300	27,200	18,700	88,700	100,200	15,300	200	19,100	195,600	44,600	139,800	400	0	0	500,300	1,400	600	0	0	100	400	0	100	100	52,200	18,100	77,900	187,800	91,300	109,600	105,200	75,100	95,600	68,600	14,300	200	2,000	5,900
ESOP note receivable repayments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	-	200	100	300	400	500	0	300	200	100	300	300	200	0	400	500	600	300	400	800	300	700	500	300	600	300	600	300	900
Proceeds from issuance of short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20,000	377,400	783,500	659,500	664,600	508,700	485,400	432,300	1,190,000	562,600	529,300	529,900	711,500	550,300	534,500	420,400	494,000	6,000	551,200	-102,300	-10,900	-36,800	-139,100
Repayments of short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	20,000	0	585,000	757,400	802,200	552,400	461,200	537,800	591,400	1,059,700	579,500	554,300	697,200	587,000	405,300	-	-	-	-	-	-	-	-	-
Repayments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000	818,800	255,000	15,000	0	6,500	109,500	949,900	0	0	0	0	5,000	0	350,400	500	600	300	400	800	75,300	700	500	150,300	600	300	600	300	900
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	6,100	1,200	0	300	4,800	0	-	-	-	-	-	-	-	-	-
Principal payments on capital and financing leases
1,300	1,200	1,300	1,300	1,700	1,600	1,600	1,500	1,600	1,300	1,000	900	1,200	800	1,000	900	900	800	800	500	500	700	500	500	500	500	500	500	400	300	500	400	400	400	400	200	300	300	400	400	300	300	300	200
Other, net
100	200	300	0	0	-100	200	-1,000	-3,300	-8,300	100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment for accelerated share repurchase program
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	500,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from financing lease obligation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	93,100	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities of continuing operations
-174,300	-241,100	-192,700	-80,400	-209,100	-102,300	-92,400	-156,600	-294,500	-21,100	-164,400	480,600	-50,200	-38,100	-263,100	-93,800	-1,003,900	-6,100	-17,000	-7,800	-33,900	-115,100	-1,627,700	-31,100	-194,800	61,700	-15,000	-104,500	-210,300	786,300	-116,100	-67,800	-280,400	282,100	25,700	-88,700	-228,700	74,300	-277,900	-55,000	-125,100	-41,100	-68,800	-163,400
Cash flows—discontinued operations
Net cash used in operating activities of discontinued operations
-2,900	1,100	-700	100	-5,900	-4,700	100	-3,300	-9,000	-1,600	-4,600	-4,500	-3,400	-3,400	-7,000	-9,200	-1,600	-3,200	-28,400	-186,700	7,000	-191,200	-32,400	54,400	160,400	-94,700	94,600	355,200	-100	-200	0	248,600	-100	-100	-200	0	-800	-1,200	-100	-400	-400	-200	-400	100
Net cash provided by investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,200	-100	5,100	1,979,000	-14,600	-129,900	53,900	-53,900	-175,100	0	0	2,700	-182,500	300	0	0	-300	300	1,300	1,500	-	900	-	-	0
Net cash used in discontinued operations
-2,900	1,100	-700	100	-5,900	-4,700	100	-3,300	-8,800	-1,600	-4,600	-4,500	-2,600	-3,400	-7,000	-9,200	-1,600	3,100	-28,400	-184,500	6,900	-186,100	1,946,600	39,800	30,500	-40,800	40,700	180,100	-100	-200	2,700	66,100	200	-100	-200	-300	-500	100	1,400	-	500	-	-400	100
Increase (decrease) in cash and cash equivalents
164,400	-193,500	-106,500	154,400	163,200	-12,100	4,900	100	32,100	-32,100	-86,300	-158,300	274,600	2,100	-160,100	59,000	-641,800	167,500	154,200	99,700	278,700	-256,200	315,400	-28,700	42,400	-24,300	20,700	-15,700	42,500	9,900	-19,000	-18,000	38,300	-24,000	3,700	-19,200	36,800	-24,600	-171,300	-11,500	203,400	-22,500	16,500	56,000
Cash flows from changes in current assets and liabilities
Receivables, net
-5,500	5,700	-13,000	14,400	-13,300	11,600	-14,800	33,000	-16,300	9,400	-18,900	31,000	-26,200	13,500	-11,800	11,300	-9,400	2,500	-18,400	10,900	-2,500	-3,700	-12,500	18,200	-15,000	2,200	-3,900	15,000	1,900	6,600	-12,400	20,600	-20,300	11,400	-1,000	-13,600	18,800	-4,300	5,000	-3,100	8,400	5,100	5,400	11,300
Inventories
17,300	13,200	-8,400	-2,100	100	14,800	-10,700	-2,500	9,000	22,700	-2,600	2,300	-15,600	21,900	-13,600	-3,400	8,900	7,600	-1,300	-8,900	-20,700	-8,100	-26,800	-8,600	-27,000	66,800	-5,600	-23,300	7,300	17,900	-100	-99,100	57,000	52,600	42,900	-26,800	52,900	42,400	10,800	2,700	-33,300	20,900	-16,500	-14,300
Prepaid expenses and other current assets
-2,900	-1,900	6,900	2,400	-4,100	100	9,800	-400	100	4,300	8,500	-200	-4,000	400	4,900	4,200	-1,000	2,200	5,400	-7,900	18,800	-3,700	-10,100	1,000	-1,900	-7,400	7,800	2,500	3,600	-800	5,800	-700	-1,500	2,200	2,600	-5,900	9,100	4,400	-2,600	-3,200	-5,600	4,300	9,500	-5,600
Accounts payable
25,900	-8,500	3,300	28,700	15,800	31,800	-21,300	-16,300	37,900	-3,300	-5,700	37,800	-43,300	24,200	-27,700	50,600	-3,800	-11,000	9,800	22,600	-6,600	2,900	-39,800	3,900	-42,500	56,500	9,300	-31,100	22,900	-28,300	40,900	-18,900	34,300	-29,300	23,900	-18,700	17,300	11,100	-4,200	-8,500	38,600	-3,300	800	-4,500
Accrued payroll
18,100	800	-39,000	12,000	23,500	1,600	-39,300	20,200	25,800	5,100	-25,200	8,500	18,400	-2,000	-24,100	-4,000	29,100	3,600	-34,600	15,400	21,200	3,500	-16,700	4,000	8,300	2,800	-7,600	18,300	800	-3,300	-21,700	700	31,200	-2,800	-37,400	5,800	33,300	-67,300	33,500	4,300	33,200	7,700	-21,600	16,800
Prepaid/accrued income taxes
17,600	-50,700	48,800	-32,100	18,300	-1,200	800	46,900	-57,800	-11,900	12,900	-10,800	50,800	-41,500	42,900	-48,300	34,100	-37,800	30,700	41,900	-21,700	-15,500	-18,500	-13,700	-7,200	-8,300	8,200	9,800	12,100	-41,000	41,600	-400	25,000	-53,700	12,800	7,900	-100	39,700	-42,800	-34,700	39,700	16,400	31,300	-7,200
Other accrued taxes
-8,500	-1,100	7,500	3,700	-6,300	-5,400	5,600	3,500	-4,200	-4,800	7,100	1,900	-1,300	-4,800	4,600	400	-1,100	-3,500	2,800	4,500	-10,300	4,600	3,400	2,500	6,100	-9,000	400	-800	17,000	-10,400	1,900	-11,000	15,000	-6,600	-700	-2,200	14,100	-10,000	400	-4,200	11,300	-8,100	2,800	2,900
Unearned revenues
85,300	1,500	-39,700	-43,300	83,100	7,000	-35,500	-40,500	90,900	16,500	-33,400	-37,600	92,100	13,200	-26,100	-32,400	89,000	12,900	-23,500	-40,100	96,600	3,500	-25,100	-34,300	85,200	-1,400	-20,700	-47,400	94,700	14,200	-27,600	-41,000	76,800	12,100	-22,200	-35,000	71,000	-29,300	20,600	-25,100	65,000	9,300	-22,300	52,300
Other current liabilities
7,500	18,800	-26,000	22,800	-2,400	-18,100	-5,200	-5,600	13,000	-10,900	-21,900	54,200	1,800	-12,000	-4,000	9,700	-8,000	-20,400	-22,000	-7,900	19,000	-20,800	-15,000	-38,500	41,600	-9,800	-8,600	-19,200	22,800	-70,300	10,100	-29,600	51,000	-71,000	-13,900	-20,100	58,100	38,000	-18,700	-22,200	28,900	-11,800	11,400	40,700
Increase (Decrease) in Operating Capital
-137,000	56,200	30,600	22,900	-149,300	10,800	79,200	21,900	-112,800	45,700	53,200	-20,900	-164,300	58,700	13,900	36,100	-140,800	68,500	22,500	-42,300	-102,600	6,300	62,300	86,700	-135,400	30,800	17,300	64,600	-157,500	162,800	-51,900	21,000	-198,100	217,500	82,000	16,000	-112,900	60,300	24,400	86,800	-247,200	20,100	-4,000	-109,600
Increase in land, buildings and equipment through accrued purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,500	-	-	-	48,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-