DAVITA INC. DVA Cash Flow

Davita inc. (DVA)

CashFlow / TTM

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	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operating activities:
Net income
1,119	1,021	616	318	297	333	775	700	555	830	678	1,462	1,395	1,033	879	528	641	427	643	601	575	863	857	807	909	757	696	699	536	641	633	622	623	573	489	470	473	484	517	500	496	479	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
621	615	611	601	596	591	619	677	730	777	782	760	741	720	694	675	653	638	628	615	602	590	576	560	544	528	498	446	393	343	307	294	281	267	0	0	0	-	-	229	229	228	0	0	0
(Gain) loss on settlements, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-495	0	0	0	-	-	-	-	397	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment charges
83	124	166	88	103	61	300	895	942	981	744	143	258	296	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt refinancing charges
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
75	67	61	82	75	73	66	37	35	35	36	32	34	38	43	52	56	56	55	55	54	56	57	57	59	59	57	53	48	45	47	50	51	48	48	46	45	45	44	44	43	44	0	0	0
Tax benefits from stock award exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	44	45	45	59	51	52	60	46	69	97	87	88	63	32	35	38	46	47	32	26	21	21	23	18	0	0	0
Excess tax benefits from stock award exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	32	31	34	45	37	37	47	36	54	75	62	62	40	16	19	20	23	23	12	6	0	1	7	6	0	0	0
Deferred income taxes
103	41	146	277	271	273	-62	-379	-371	-395	-129	72	24	52	112	77	313	61	0	0	0	-	-	-	-	-25	-6	-32	-54	43	13	3	21	53	52	110	96	75	66	10	31	50	0	0	0
Equity investment loss, net
0	-8	-22	-29	-22	-26	-18	-19	-31	-28	-20	-12	-13	-17	-15	-18	-11	-9	0	0	0	-	-	-	-	-2	-4	-3	-0	-3	-0	0	0	-0	0	0	0	3	2	2	1	0	0	0	0
Other non-cash charges, net
-52	-49	58	-63	-74	-82	-190	-82	-67	-66	-43	-44	-13	7	-58	-42	-41	-44	-47	-41	-39	-39	116	123	51	31	-41	-51	11	30	21	22	21	20	20	17	15	9	11	12	13	20	0	0	0
Changes in operating assets and liabilities, net of effect of acquisitions and divestitures:
Accounts receivable
-19	79	189	267	149	81	84	144	236	156	212	161	57	152	110	163	129	202	235	118	137	40	63	106	21	59	-24	12	68	47	78	59	140	88	27	61	-34	-55	-57	-55	17	32	0	0	0
Inventories
-8	-10	5	-13	-19	-73	-55	-84	-47	18	-50	-1	-18	-22	25	34	44	48	57	58	43	46	28	20	23	8	3	-3	-1	-4	-0	-2	-7	-10	-4	-3	-1	3	-2	1	-3	-15	0	0	0
Other receivables and other current assets
23	-2	-289	-323	-272	-236	68	94	61	111	87	46	54	45	23	24	23	-32	14	16	62	61	65	138	93	108	49	75	37	-51	-37	-91	-85	-53	-20	53	64	44	16	6	32	35	0	0	0
Other long-term assets
-11	-6	-3	0	0	-3	-4	-3	7	11	9	-24	-34	-35	-32	-2	-2	-3	-2	-1	-1	-2	-2	-21	-29	-17	-12	7	15	1	-3	-4	-4	-2	-3	-3	-2	-0	-1	-3	-5	-7	0	0	0
Accounts payable
-70	-84	-129	-140	-11	-35	-4	118	-9	26	75	-66	-22	11	-25	2	49	30	6	93	28	-2	90	65	58	16	-12	-62	-22	40	9	51	37	84	-34	-16	28	4	49	9	-37	-104	0	0	0
Accrued compensation and benefits
62	-14	-13	-28	-26	84	22	9	-77	-78	-71	-36	38	68	11	122	-8	54	72	51	104	97	71	72	65	38	20	-19	-26	18	68	32	87	77	88	42	53	39	42	19	29	-9	0	0	0
Other current liabilities
168	181	-63	-64	-189	-157	8	46	60	1	96	77	111	176	136	48	108	113	107	229	123	83	60	27	20	78	15	28	72	11	43	39	-44	-51	-1	-111	-56	-111	-93	-27	-34	-43	0	0	0
Income taxes
30	95	11	9	-21	-23	-53	-151	-279	-52	20	65	259	77	86	286	11	41	-97	-172	-46	-60	120	45	33	33	-76	-90	-79	-129	-80	-6	90	77	98	-5	-63	-45	-66	3	51	44	0	0	0
Other long-term liabilities
-30	-31	-34	-22	-12	-1	-1	-4	7	11	61	81	25	30	16	4	44	33	26	13	-9	-1	-9	11	34	66	65	47	62	19	1	15	14	11	16	7	5	4	0	2	-2	-11	0	0	0
Net cash provided by operating activities
2,291	2,072	1,781	1,598	1,550	1,771	1,727	1,822	1,410	1,913	2,059	2,041	2,408	1,972	1,917	2,061	1,576	1,557	1,050	1,219	1,450	1,459	1,883	1,768	1,813	1,773	1,619	1,252	1,148	1,100	1,051	1,179	1,182	1,180	1,149	816	907	839	871	877	794	666	0	0	0
Cash flows from investing activities:
Additions of property and equipment
722	766	828	887	953	987	971	980	923	905	893	869	870	829	821	775	759	707	660	653	636	641	661	637	627	617	570	558	554	550	527	495	445	400	356	329	298	273	238	235	243	274	0	0	0
Payments to Acquire Businesses, Gross
123	100	146	159	177	183	190	273	743	803	793	710	235	563	503	524	460	96	144	218	244	272	293	256	286	310	4,109	4,099	4,252	4,294	569	1,273	1,128	1,077	977	247	268	188	161	136	48	87	0	0	0
Proceeds from asset and business sales
3,895	3,877	3,878	3,885	145	150	135	138	64	92	138	117	106	64	31	33	21	19	12	11	11	8	3	-1	-0	62	63	65	65	3	25	74	73	75	55	8	9	22	19	19	19	7	0	0	0
Purchase of debt investments held-to-maturity
106	101	100	5	2	5	9	12	110	228	380	834	1,026	1,133	1,130	1,189	1,647	1,709	1,865	1,390	760	472	163	121	3	1	3	3	4	7	13	23	25	37	62	60	59	56	29	23	35	22	0	0	0
Purchase of other debt and equity investments
4	5	7	9	9	8	9	10	13	13	14	12	11	13	11	12	11	8	7	6	8	8	12	15	13	12	7	4	4	3	7	7	6	5	2	2	0	1	1	1	2	2	0	0	0
Proceeds from debt investments held-to-maturity
100	95	2	2	3	34	126	204	407	492	895	1,015	1,104	1,240	1,411	1,748	1,684	1,637	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of other debt and equity investments
3	3	6	9	7	9	9	7	7	6	16	18	17	18	8	5	5	2	3	2	2	2	4	4	4	4	1	1	1	7	6	6	6	1	1	1	1	0	1	1	6	16	0	0	0
Purchase of intangible assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of equity method investments
11	9	15	15	20	19	14	13	6	4	18	19	22	27	15	19	16	17	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Distributions from equity method investments
2	2	1	0	1	3	3	3	2	0	0	0	0	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	0	0	0	0	-	-	-	-
Proceeds from maturities of investments held-to-maturity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30	37	40	47	62	60	59	59	27	20	32	16	0	0	0
Net cash used in investing activities
3,033	2,995	2,789	2,821	-1,005	-1,005	-920	-937	-1,314	-1,364	-1,049	-1,295	-897	-1,201	-988	-692	-1,183	-881	-1,596	-1,782	-1,334	-1,277	-1,130	-971	-926	-876	-4,622	-4,593	-4,744	-4,832	-1,052	-1,677	-1,487	-1,399	-1,284	-575	-558	-436	-382	-355	-270	-346	0	0	0
Cash flows from financing activities:
Borrowings
21,963	38,525	56,780	64,173	63,761	59,934	54,505	53,590	51,495	50,991	51,050	51,386	51,695	51,991	52,272	52,531	54,286	54,541	54,790	55,046	57,212	60,038	62,963	65,977	65,668	66,286	66,197	59,476	51,411	43,248	35,881	34,442	34,046	36,395	37,578	34,289	30,915	24,809	19,579	19,342	21,025	18,767	0	0	0
Payments on long-term debt and other financing costs
23,934	40,606	58,981	65,215	62,814	59,239	53,396	52,799	51,200	50,837	51,184	51,513	51,836	52,116	52,468	52,718	53,735	53,998	54,190	54,735	57,184	60,046	62,985	65,815	66,106	66,723	63,789	55,727	47,489	39,286	34,738	34,320	33,924	36,267	36,478	33,397	30,233	24,134	19,873	19,630	21,100	18,828	0	0	0
Purchase of treasury stock
2,705	2,383	1,837	429	871	1,161	1,643	1,376	1,093	802	798	1,054	822	1,097	786	740	754	549	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	153	0	0	0
Interest rate cap premiums and other deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
247	233	213	198	195	196	185	189	213	211	212	214	185	192	193	189	183	174	170	162	157	149	144	139	137	139	131	128	122	113	115	104	104	100	89	92	87	83	81	75	72	67	0	0	0
Stock award exercises and other share issuances, net
12	11	12	12	13	13	14	16	19	21	20	22	23	23	24	30	23	26	24	16	21	19	18	14	14	16	10	10	10	6	9	8	9	11	24	27	36	53	77	85	79	67	0	0	0
Excess tax benefits from stock award exercises
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	28	32	31	34	45	37	37	47	36	54	75	62	62	40	16	19	20	23	23	12	6	0	1	7	6	0	0	0
Contributions from noncontrolling interests
47	57	53	52	59	52	66	66	68	74	63	74	55	47	61	49	48	54	54	54	66	64	45	45	36	36	48	46	48	37	25	25	20	21	18	12	11	9	7	9	10	13	0	0	0
Proceeds from sales of additional noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	3	5	3	4	8	5	7	5	1	8	7	9	9	2	2	4	3	4	6	6	9	0	0	0
Purchases of noncontrolling interests
60	68	19	25	34	28	23	17	6	5	13	16	18	21	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	26	18	14	17	13	18	17	12	14	5	7	7	6	0	0	0
Deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by financing activities
-4,924	-4,696	-4,205	-1,629	-77	-625	-659	-706	-929	-766	-1,073	-1,313	-1,077	-1,351	-1,060	-1,017	-361	-138	67	73	-213	-164	-197	7	-477	-482	3,593	3,685	3,847	3,872	-157	41	-251	-247	141	-85	-99	-82	-536	-491	-173	-192	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-15	-1	-1	0	-10	-3	-10	-7	4	0	11	8	6	4	-2	-1	-0	-2	-1	2	0	2	1	-1	-0	-0	-1	-0	-0	-0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net increase in cash, cash equivalents and restricted cash
384	369	363	2,789	455	137	136	171	-830	-217	-53	-559	439	-577	-133	349	30	533	-479	-487	-96	18	556	803	408	412	588	344	250	139	-159	-456	-556	-466	6	155	250	320	-47	30	350	128	0	0	0
Fixed assets under capital lease obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued Operations
Net increase in cash, cash equivalents and restricted cash
-542	-423	-453	-412	341	240	134	144	-59	-53	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Continuing Operations
Net increase in cash, cash equivalents and restricted cash
927	793	816	3,202	113	-103	1	26	-770	-164	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-