Davita inc. (DVA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Cash flows from operating activities:
Net income

1,021

333

830

1,033

427

863

757

641

573

484

479

421

428

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization

615

591

777

720

638

590

528

343

267

234

228

216

193

(Gain) loss on settlements, net

-

-

-

-

-495

17

397

-

-

-

-

-

-

Impairment charges

124

61

981

296

210

-

-

-

24

-

-

-

-

Valuation adjustment on disposal group

0

316

0

0

-

-

-

-

-

-

-

-

-

Debt refinancing charges

33

0

0

-

-

-

-

-

-

-

-

-

-

Debt redemption charges

-

-

-

-

48

97

-

10

-

-

-

-

-

Valuation gain on alliance and product supply agreement

-

-

-

-

-

-

-

-

-

-

-

-

-55

Stock-based compensation expense

67

73

35

38

56

56

59

45

48

45

44

41

34

Tax benefits from stock award exercises

-

-

-

-

-

59

46

88

38

26

18

13

32

Excess tax benefits from stock award exercises

-

-

-

-

-

45

36

62

20

6

6

8

25

Deferred income taxes

41

273

-395

52

61

210

-25

43

53

75

50

94

18

Equity investment loss, net

-8

-26

-28

-17

-9

-10

-2

-3

-0

3

0

0

1

Gain (loss) on sales of business interests, net

-23

85

23

404

0

-

-

-

-

-

-

-

-

Debt refinancing and redemption charges

-

-

-

-

-

-

-

-

-

74

-

-

-

Loss (gain) on disposal of assets

-

-

-

-

-

-

-

-

-

-

-

-

2

Other non-cash charges, net

-49

-82

-66

7

-44

-39

31

30

20

9

20

27

12

Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:
Accounts receivable

79

81

156

152

202

40

59

47

88

-55

32

149

-15

Inventories

-10

-73

18

-22

48

46

8

-4

-10

3

-15

2

-11

Other receivables and other current assets

-2

-236

111

45

-32

61

108

-51

-53

44

35

40

61

Other long-term assets

-6

-3

11

-35

-3

-2

-17

1

-2

-0

-7

11

14

Accounts payable

-84

-35

26

11

30

-2

16

40

84

4

-104

57

-9

Accrued compensation and benefits

-14

84

-78

68

54

97

38

18

77

39

-9

-31

9

Other current liabilities

181

-157

1

176

113

83

78

11

-51

-111

-43

8

0

Settlement receipts (payments)

-

-

-

-

-493

-410

-

-

-

-

-

-

-

Income taxes

95

-23

-52

77

41

-60

33

-129

77

-45

44

-30

-12

Other long-term liabilities

-31

-1

11

30

33

-1

66

19

11

4

-11

8

5

Net cash provided by operating activities

2,072

1,771

1,913

1,972

1,557

1,459

1,773

1,100

1,180

839

666

613

581

Cash flows from investing activities:
Additions of property and equipment

766

987

905

829

707

641

617

550

400

273

274

317

272

Payments to Acquire Businesses, Gross

100

183

803

563

96

272

310

4,294

1,077

188

87

101

127

Proceeds from asset and business sales

3,877

150

92

64

19

8

62

3

75

22

7

0

12

Purchase of debt investments held-to-maturity

101

5

228

1,133

1,709

472

1

7

37

56

22

21

23

Purchase of other debt and equity investments

5

8

13

13

8

8

12

3

5

1

2

2

52

Proceeds from debt investments held-to-maturity

95

34

492

1,240

1,637

141

1

14

-

-

-

-

-

Proceeds from sale of other debt and equity investments

3

9

6

18

2

2

4

7

1

0

16

21

32

Purchase of intangible assets

-

-

-

-

-

1

2

0

-

-

-

-

2

Purchase of equity method investments

9

19

4

27

17

35

1

1

-

-

2

0

17

Proceeds from sale of equity investments

-

-

-

40

0

-

-

-

-

-

-

-

-

Distributions from equity method investments

2

3

0

0

0

0

0

0

0

0

2

0

1

Proceeds from maturities of investments held-to-maturity

-

-

-

-

-

-

-

-

47

59

16

21

4

Purchase of equity investments and other assets

-

-

-

-

-

-

-

-

2

0

-

-

-

Other investment activity

-

-

-

-

-

-

-

-

-

-

-

-1

2

Net cash used in investing activities

2,995

-1,005

-1,364

-1,201

-881

-1,277

-876

-4,832

-1,399

-436

-346

-397

-446

Cash flows from financing activities:
Borrowings

38,525

59,934

50,991

51,991

54,541

60,038

66,286

43,248

36,395

24,809

18,767

17,089

13,113

Payments on long-term debt and other financing costs

40,606

59,239

50,837

52,116

53,998

60,046

66,723

39,286

36,267

24,134

18,828

17,102

13,160

Debt refinancing costs including tender and call premiums

-

-

-

-

-

-

-

-

-

-

0

0

-

Purchase of treasury stock

2,383

1,161

802

1,097

549

-

-

-

323

618

153

232

6

Distributions to noncontrolling interests

233

196

211

192

174

149

139

113

100

83

67

59

48

Stock award exercises and other share issuances, net

11

13

21

23

26

19

16

6

11

53

67

40

62

Excess tax benefits from stock award exercises

-

-

-

13

28

45

36

62

20

6

6

8

25

Contributions from noncontrolling interests

57

52

74

47

54

64

36

37

21

9

13

19

14

Proceeds from sales of additional noncontrolling interests

0

0

2

0

0

3

8

1

9

3

9

10

5

Purchases of noncontrolling interests

68

28

5

21

66

17

3

26

13

14

6

24

0

Deferred financing costs

-

-

-

-

-

122

0

57

-

113

-

-

4

Net cash provided by financing activities

-4,696

-625

-766

-1,351

-138

-164

-482

3,872

-247

-82

-192

-252

2

Effect of exchange rate changes on cash, cash equivalents and restricted cash

-1

-3

0

4

-2

2

-0

-0

-

-

-

-

-

Net increase in cash, cash equivalents and restricted cash

369

137

-217

-577

533

18

412

139

-466

320

128

-36

136

Discontinued Operations
Net increase in cash, cash equivalents and restricted cash

-423

240

-53

-15

25

-

-

-

-

-

-

-

-

Continuing Operations
Net increase in cash, cash equivalents and restricted cash

793

-103

-164

-561

508

-

-

-

-

-

-

-

-