ECOLAB INC. ECL Cash Flow

Ecolab inc. (ECL)

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
OPERATING ACTIVITIES
Net income including noncontrolling interest
1,566,000	1,576,200	1,542,100	1,511,100	1,492,500	1,440,300	1,608,500	1,566,800	1,509,500	1,518,600	1,321,600	1,304,500	1,271,800	1,246,500	1,098,000	968,600	1,013,800	1,017,200	1,137,600	1,256,900	1,263,100	1,222,200	1,168,500	1,106,300	1,007,100	973,600	918,500	850,600	818,200	701,300	555,600	470,800	413,600	463,300	506,100	525,900	529,200	531,100	515,800	486,700	456,700	418,700	0	0	0
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation
664,300	654,000	647,800	638,800	629,100	621,000	610,500	605,200	594,700	586,000	577,100	571,300	563,600	561,000	557,700	549,700	557,000	559,500	563,400	567,800	563,700	558,100	550,300	539,900	528,100	514,200	501,000	486,800	475,300	468,200	434,600	400,800	367,300	331,400	0	0	0	-	-	-	-	-	-	-	-
Amortization
319,700	319,200	318,300	317,200	316,600	317,000	318,000	317,000	314,000	307,600	301,000	295,300	290,900	289,700	292,800	295,400	297,500	300,000	301,700	304,500	308,700	313,900	318,100	321,800	319,600	302,000	281,700	262,000	247,300	246,300	209,700	162,600	114,400	64,300	0	0	0	-	-	-	-	-	-	-	-
Deferred income taxes
-37,900	-37,600	46,300	49,400	66,800	85,100	-306,700	-306,000	-343,500	-353,500	-25,500	-76,700	-128,400	-90,600	-123,600	-238,400	-206,600	-244,500	-218,600	-105,800	-110,000	-121,500	-106,900	-101,800	-111,900	-130,500	-120,500	-56,400	-11,200	-3,200	53,000	8,300	22,700	41,700	-30,700	-23,000	-33,200	-31,100	70,800	83,500	84,500	88,100	0	0	0
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	345,200	347,300	340,100	334,300	0	0	0
Share-based compensation expense
88,000	91,100	92,100	92,100	92,900	94,400	94,200	94,800	93,300	90,500	89,800	89,600	87,500	85,700	85,800	84,700	82,000	78,200	76,100	75,500	73,600	71,100	71,100	72,600	71,300	69,600	68,700	67,200	66,000	65,800	62,600	57,200	49,600	39,900	36,200	36,000	36,000	29,200	35,400	36,600	33,800	37,300	0	0	0
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	43,600	61,100	46,000	44,800	57,800	50,400	56,400	52,700	55,900	52,100	49,600	47,200	36,600	48,200	43,600	55,300	50,100	32,900	30,300	18,500	13,700	12,500	17,800	16,600	16,900	15,100	13,400	10,100	7,700	0	0	0
Pension and postretirement plan contributions
187,600	186,000	178,000	57,000	56,000	60,000	59,100	141,100	144,100	144,100	135,800	56,800	210,800	211,800	217,900	218,900	67,900	64,900	69,700	69,700	69,700	76,700	79,000	88,000	89,000	80,000	84,900	90,900	247,900	254,900	256,600	234,600	73,600	156,600	159,200	156,900	148,900	46,600	138,300	213,200	214,300	263,700	0	0	0
Pension and postretirement plan expense
33,100	28,100	23,900	25,100	28,200	31,900	33,800	36,600	36,700	36,900	37,500	42,800	48,700	54,100	69,900	84,300	98,700	113,800	105,500	98,500	91,300	83,900	100,900	114,600	128,600	142,400	139,300	130,500	123,000	114,600	104,700	98,400	90,600	83,100	83,900	86,200	87,700	90,800	88,000	85,600	84,700	82,000	0	0	0
Restructuring charges, net of cash paid
2,700	35,200	17,300	72,900	67,500	43,500	49,300	-21,400	3,700	5,200	900	-13,100	-53,000	-60,500	200	15,900	34,200	38,400	12,800	5,000	-11,900	300	-41,700	-42,700	-27,900	-39,800	12,700	32,500	40,300	66,600	38,200	40,900	56,300	49,500	0	0	0	-	-	-	-	22,400	0	0	0
Venezuela currency devaluation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-25,200	-19,800	-18,500	-25,000	-25,500	-24,000	-37,500	-37,100	-37,600	-37,400	-22,200	-14,100	-11,400	-14,200	-21,300	-17,300	-14,300	-11,600	-1,600	-6,100	-8,900	-7,800	-11,900	-17,600	-15,500	-16,400	-21,700	-6,700	-7,500	-5,600	-100	-11,300	-9,700	-8,900	-10,500	-13,300	-7,700	-1,800	-17,200	-11,100	-11,200	-12,900	0	0	0
Changes in operating assets and liabilities, net of effect of acquisitions:
Accounts receivable
221,400	137,200	78,500	150,800	190,000	164,100	229,600	196,100	134,000	91,500	60,100	45,500	36,000	-900	-25,400	-16,300	-101,700	24,000	23,500	73,800	226,100	175,400	240,600	231,800	139,200	147,400	85,300	111,700	190,100	189,700	206,600	144,700	85,700	106,000	38,900	46,800	48,300	39,300	52,500	35,300	-19,300	-45,100	0	0	0
Inventories
-98,000	-41,000	17,500	105,100	146,900	141,100	139,800	108,600	95,200	85,500	132,700	117,600	47,500	-18,800	-63,400	-58,000	-33,800	48,600	119,500	169,600	239,600	210,800	106,900	65,100	31,100	30,500	66,900	70,300	74,800	2,000	35,500	23,600	7,900	36,100	11,100	10,500	-4,000	-18,600	7,000	-9,000	-23,800	-13,000	0	0	0
Other assets
136,200	81,500	200,000	100,000	73,800	80,700	80,200	86,400	36,200	48,900	12,500	64,200	43,200	34,900	3,300	-9,000	29,200	69,100	134,400	129,900	106,700	106,300	10,900	15,800	63,200	68,700	42,300	35,100	-13,200	-18,600	68,100	68,100	79,800	60,200	700	-23,600	-3,900	-42,400	13,700	29,700	-3,300	30,700	0	0	0
Accounts payable
-	22,300	72,300	69,900	37,800	113,500	116,300	116,900	148,600	121,100	39,500	108,100	16,000	-55,100	-19,800	20,400	65,700	-46,100	81,300	49,000	74,300	174,700	120,800	89,100	19,000	50,600	-8,400	41,000	64,900	79,000	60,500	6,000	36,400	60,900	44,900	50,600	38,700	6,800	-3,400	-2,000	-8,200	-25,100	0	0	0
Other liabilities
142,800	76,000	122,100	20,600	-121,900	-47,400	79,900	138,300	203,500	147,300	-140,500	-117,700	93,400	99,900	108,500	287,000	81,900	108,400	225,700	121,500	151,600	135,000	71,700	31,500	6,800	-600	-9,700	-18,500	68,000	26,200	-53,700	-160,500	-155,200	-84,900	12,500	27,800	55,700	15,700	-28,000	-100	-25,300	-34,000	0	0	0
Cash provided by operating activities
2,414,400	2,420,700	2,427,000	2,409,500	2,168,600	2,277,700	2,096,800	2,017,300	2,152,800	2,091,300	1,892,900	1,924,600	1,892,900	1,939,700	2,096,300	2,238,000	2,359,800	1,999,800	2,065,800	1,920,300	1,713,700	1,815,600	1,775,600	1,698,700	1,588,200	1,559,800	1,411,400	1,384,900	1,278,500	1,203,000	865,600	594,500	739,900	685,500	852,900	887,500	871,100	950,400	801,700	760,600	803,000	695,000	0	0	0
INVESTING ACTIVITIES
Capital expenditures
774,300	800,600	763,400	805,100	830,800	847,100	908,700	902,900	904,400	868,600	872,200	831,300	784,200	756,800	698,000	747,200	744,300	771,000	811,600	754,500	773,300	748,700	690,400	681,700	638,100	625,100	603,900	585,100	579,500	574,500	507,400	450,400	400,100	341,700	300,600	280,900	275,300	260,500	271,700	270,200	252,300	252,500	0	0	0
Capitalized software expenditures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	51,700	52,100	46,000	44,200	38,000	44,000	43,300	45,200	43,400	36,500	39,600	37,200	41,100	41,200	35,000	33,000	25,400	20,400	21,800	24,300	25,400	28,000	35,400	37,200	43,400	48,600	45,400	44,800	0	0	0
Property and other assets sold
10,900	10,900	9,000	9,000	30,900	30,000	36,100	32,700	10,700	10,700	5,000	21,600	23,700	30,500	34,400	19,600	16,300	15,000	12,500	12,400	16,200	10,900	17,100	21,100	17,900	18,100	15,600	10,200	14,600	15,900	9,800	8,500	4,800	3,000	4,200	3,700	2,200	2,600	10,000	12,100	11,800	11,700	0	0	0
Acquisitions and investments in affiliates, net of cash acquired
111,100	391,400	538,800	440,500	435,100	229,800	235,600	240,800	239,100	989,200	836,000	866,600	866,600	49,500	181,100	260,600	264,600	265,900	141,300	62,900	68,100	82,600	66,200	20,000	1,371,800	1,437,700	1,442,300	1,467,700	122,400	43,000	1,394,300	1,379,500	1,367,500	1,633,200	0	0	0	-	-	-	-	14,400	0	0	0
Divestiture of businesses
-	-	-	-	-	9,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16,000	0	0	0	-	-	-	-
Release from (deposit into) acquisition related escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,600	44,400	16,700	17,000	8,700	8,700	1,400	1,100	13,000	13,000	28,200	28,200	17,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deposit into acquisition related escrow
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,500	10,600	10,600	8,000	1,300	1,300	1,300	1,300	28,100	0	0	0	-	-	-	-	-	-	-	-
Settlement of net investment hedges
-	-	-	-	-	14,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
19,700	24,800	0	0	0	-	-	-	-	800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used for investing activities
-887,400	-1,199,100	-1,310,300	-1,243,100	-1,251,600	-1,030,000	-954,000	-967,500	-987,500	-1,727,000	-1,613,700	-1,653,600	-1,618,000	-773,600	-948,500	-899,700	-897,700	-915,800	-832,500	-829,000	-842,900	-848,300	-765,300	-718,300	-2,041,300	-2,087,700	-1,960,300	-1,936,300	-571,400	-487,900	-1,887,500	-1,840,200	-1,783,800	-2,024,300	-615,500	-633,100	-623,900	-303,600	-337,200	-305,300	-293,800	-299,300	0	0	0
FINANCING ACTIVITIES
Net issuances of commercial paper and notes payable
217,700	-252,000	375,600	553,400	475,400	341,800	-115,800	-730,800	-548,200	-43,700	103,800	645,800	582,000	-606,400	-607,100	-1,104,100	-977,400	-312,100	62,000	571,600	537,800	599,600	122,500	131,700	429,200	-278,300	-88,300	-746,100	-1,016,900	-387,300	220,500	971,200	761,000	907,100	140,500	222,500	286,400	-66,600	65,700	-71,300	-213,100	-244,000	0	0	0
Long-term debt borrowings
0	-	-	-	-	-	-	-	-	-	-	-	-	2,390,000	792,500	1,421,900	1,422,300	1,223,700	0	0	0	-	-	-	-	900,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt repayments
300,000	400,600	650,400	652,000	651,300	551,600	1,080,700	1,094,300	1,099,200	799,000	1,459,200	1,444,900	1,444,300	1,569,600	281,000	784,700	784,700	1,034,700	1,384,700	1,031,300	1,182,100	907,800	580,700	531,700	610,900	511,200	339,800	239,800	7,100	1,694,900	2,957,600	2,957,700	2,958,100	1,420,400	157,200	157,900	157,800	7,400	7,300	6,200	5,800	6,400	0	0	0
Reacquired shares
317,300	353,700	589,600	694,100	478,700	562,400	334,000	315,000	440,900	600,300	589,500	602,800	724,200	739,600	765,100	666,700	732,400	755,100	815,400	818,300	598,600	428,600	420,100	468,500	528,000	307,600	245,300	194,700	146,800	209,900	760,600	758,700	705,100	690,000	126,200	269,000	274,300	348,800	402,400	270,400	213,400	68,800	0	0	0
Dividends paid
559,000	554,900	543,700	524,900	514,500	496,500	489,200	478,100	458,900	448,700	433,300	432,800	432,700	427,500	423,600	415,800	408,900	400,700	387,100	374,600	358,300	344,400	333,400	318,000	299,500	218,100	269,900	258,300	250,100	306,800	221,100	202,600	183,500	162,900	158,200	153,300	149,300	145,500	142,800	139,700	136,500	132,700	0	0	0
Exercise of employee stock options
202,500	186,800	200,400	183,800	153,800	114,500	106,600	79,600	86,500	83,800	77,500	90,700	93,200	76,800	87,600	74,800	69,400	83,100	71,700	83,500	64,400	65,400	70,800	71,700	89,000	97,000	127,700	121,900	156,200	163,700	142,500	136,300	114,700	89,000	77,500	105,100	89,300	89,200	81,200	69,100	58,300	46,400	0	0	0
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	43,600	61,100	46,000	44,800	57,800	50,400	56,400	52,700	55,900	52,100	49,600	47,200	36,600	48,200	43,600	55,300	50,100	32,900	30,300	18,500	13,700	12,500	17,800	16,600	16,900	15,100	13,400	10,100	7,700	0	0	0
Acquisition related liabilities and contingent consideration
0	-	-	-	-	10,100	0	0	0	-	-	-	-	35,500	15,900	15,500	15,300	12,900	-2,000	12,900	11,000	98,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
0	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	200	0	0	0	-	-	-	-	-41,400	0	0	0	-	-	-	-	-	-	-	-
Cash provided by (used for) financing activities
33,700	-1,349,600	-1,200,700	-1,141,900	-1,025,200	-1,172,700	-1,141,700	-1,255,200	-1,183,200	-522,700	-245,300	-165,000	-327,300	-868,200	-1,151,500	-1,444,100	-1,382,200	-1,150,900	-1,180,100	-935,100	-912,000	-1,071,000	-1,200,600	-1,170,300	-72,200	-292,600	616,500	618,300	-217,300	-1,393,600	1,160,700	1,416,200	1,244,900	2,933,800	-219,400	-234,900	-189,200	-462,200	-390,500	-405,100	-500,400	-397,800	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
22,200	20,400	16,300	7,000	11,700	7,600	-6,600	-1,100	-18,700	-10,600	-5,400	-12,700	-4,000	-10,300	-500	-37,400	-49,300	-49,900	-66,200	-32,600	-21,200	-25,900	-6,300	1,700	1,300	1,900	2,800	3,400	-19,500	-7,300	-22,100	-28,800	1,600	6,300	20,900	22,400	8,100	-15,900	-13,100	-11,600	-3,000	9,000	0	0	0
Increase (decrease) in cash, cash equivalents and restricted cash
1,582,900	-107,600	-67,700	31,500	-96,500	82,600	-5,500	-206,500	-36,600	-169,000	28,500	93,300	-56,400	287,600	-4,200	-143,200	30,600	-116,800	-13,000	123,600	-62,400	-129,600	-196,600	-188,200	-524,000	-818,600	70,400	70,300	470,300	-685,800	116,700	141,700	202,600	1,601,300	38,900	41,900	66,100	168,700	60,900	38,600	5,800	6,900	0	0	0