Estée Lauder Companies Inc EL Cash Flow

Estée lauder companies inc (EL)

CashFlow / Quarterly

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
Cash flows from operating activities
Net earnings
-4,000	561,000	598,000	158,000	557,000	577,000	502,000	188,000	374,000	125,000	430,000	230,000	300,000	430,000	296,000	95,000	266,000	449,000	311,000	154,400	272,700	437,700	229,200	258,400	213,700	435,200	301,800	95,900	178,900	449,400	299,600	52,200	131,300	398,400	278,600	43,200	125,100	345,900	189,600	25,000	57,900	261,700	137,800
Adjustments to reconcile net earnings to net cash flows from operating activities:
Depreciation and amortization
160,000	144,000	143,000	153,000	135,000	137,000	132,000	142,000	133,000	129,000	127,000	127,000	119,000	112,000	106,000	110,000	103,000	104,000	98,000	110,400	100,000	98,000	100,600	104,600	95,600	95,500	88,900	89,700	90,400	79,300	77,500	80,400	74,400	71,400	69,600	81,800	77,300	66,500	68,800	66,900	69,100	62,400	65,300
Deferred income taxes
-72,000	-4,000	11,000	-20,000	0	-37,000	-9,000	91,000	-22,000	109,000	-3,000	-34,000	-29,000	-23,000	-32,000	-43,000	-19,000	-11,000	-21,000	3,200	-23,400	-14,500	-18,300	-22,700	-15,400	5,100	-23,400	-32,800	-21,000	-3,500	-18,800	6,600	-15,100	-4,000	-9,600	-16,400	-21,000	6,800	6,100	4,000	200	-7,100	-21,800
Non-cash stock-based compensation
71,000	83,000	56,000	42,000	70,000	73,000	58,000	40,000	64,000	75,000	57,000	44,000	41,000	46,000	88,000	37,000	36,000	42,000	69,000	31,100	33,000	38,800	62,100	27,800	29,900	38,600	56,300	27,400	29,600	34,300	54,500	23,700	24,400	31,200	45,400	20,300	20,100	23,800	30,600	12,200	14,000	11,600	19,200
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	8,000	23,000	4,000	10,000	5,000	5,000	9,000	4,000	7,300	26,600	6,700	7,400	8,300	6,600	15,500	9,800	6,200	14,300	17,800	15,600	9,600	14,100	23,100	11,000	11,600	20,800	16,400	900	-	-	-	-
Net loss on disposal of property, plant and equipment
-1,000	-3,000	-2,000	-11,000	-1,000	-2,000	-3,000	-3,000	-5,000	-4,000	-3,000	-9,000	-3,000	0	7,000	-7,000	-4,000	-4,000	-2,000	-6,900	-100	-3,000	-5,000	-5,800	-1,800	-3,500	-2,300	-5,500	-2,200	-3,000	-4,500	-5,300	-5,200	800	-3,000	-2,800	-2,800	-1,700	-400	-12,700	500	-5,400	-5,400
Non-cash restructuring and other charges
-	-	-	-	-	-	-	-	-	-	-	0	0	2,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,200	800	400	100	1,600	2,100	4,800	900	11,700	2,700	-2,700	9,700
Pension and post-retirement benefit expense
21,000	20,000	21,000	19,000	18,000	17,000	18,000	19,000	19,000	17,000	18,000	21,000	20,000	19,000	20,000	18,000	18,000	17,000	18,000	15,700	14,600	16,600	17,100	18,300	17,600	17,600	17,400	21,800	20,200	20,200	20,900	16,300	17,300	17,300	17,600	27,000	17,300	17,300	16,900	17,400	14,500	15,400	14,300
Pension and post-retirement benefit contributions
21,000	24,000	9,000	30,000	11,000	6,000	6,000	20,000	51,000	6,000	8,000	19,000	9,000	6,000	4,000	48,000	7,000	5,000	7,000	40,500	6,600	6,900	5,000	18,600	9,900	6,000	6,800	17,700	8,300	6,400	5,900	69,800	33,700	15,600	7,800	37,400	35,400	10,900	8,700	69,200	30,000	43,700	-17,200
Changes in fair value of contingent consideration
-2,000	-7,000	0	-19,000	-9,000	2,000	-11,000	-37,000	-9,000	2,000	1,000	-58,000	-3,000	0	4,000	-8,000	8,000	3,000	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash items
1,000	8,000	2,000	10,000	4,000	9,000	4,000	9,000	4,000	6,000	3,000	4,000	9,000	4,000	4,000	-	-	-	-	-	100	1,700	2,600	-	-	-	-	0	2,700	23,100	100	-	-	-	-	-200	-200	200	-400	-1,000	100	-100	400
Changes in operating assets and liabilities:
Increase in accounts receivable, net
-299,000	-140,000	487,000	-208,000	34,000	-203,000	546,000	-220,000	44,000	-109,000	390,000	-150,000	-1,000	-122,000	365,000	-150,000	-26,000	-112,000	389,000	-197,200	-15,600	-58,100	167,900	-30,500	-91,700	-56,700	375,100	-184,000	-147,900	-73,200	518,100	-218,600	-97,400	12,300	482,100	-309,200	46,000	18,700	369,200	-211,700	-93,800	7,600	218,700
Increase in inventory and promotional merchandise
72,000	-114,000	83,000	191,000	163,000	-15,000	36,000	-	-	-82,000	16,000	144,000	19,000	-109,000	31,000	122,000	49,000	-85,000	-17,000	130,900	2,200	-116,800	9,700	69,400	74,500	-45,200	58,100	130,300	15,900	-70,900	59,200	107,200	-6,800	-80,600	21,400	94,700	600	-34,800	34,600	64,800	44,600	-91,200	42,600
Increase in other assets, net
-57,000	72,000	48,000	-11,000	20,000	35,000	18,000	-11,000	11,000	1,000	-2,000	60,000	-2,000	36,000	-4,000	-10,000	49,000	11,000	22,000	-22,400	17,300	-40,000	37,100	-19,900	20,300	7,200	37,600	-20,800	-7,500	4,600	26,900	-37,700	88,500	3,200	9,100	-5,200	30,300	14,500	12,900	-48,200	20,900	-26,500	24,500
Decrease in accounts payable
58,000	25,000	-400,000	424,000	69,000	88,000	-262,000	329,000	131,000	55,000	-166,000	222,000	-25,000	27,000	-170,000	147,000	35,000	20,000	-101,000	132,200	15,900	-13,100	12,000	7,600	20,800	32,400	-26,800	95,400	54,000	-78,800	-79,300	95,200	21,300	-37,600	-10,600	64,200	14,700	-32,100	-63,800	78,800	47,000	-28,300	6,100
Increase in accrued income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-9,200	98,100	113,000	-60,800	17,500	74,900	71,500	-152,300	-21,800	59,300	36,000
Increase in other accrued and noncurrent liabilities
-190,000	221,000	31,000	5,000	-107,000	327,000	60,000	-188,000	-38,000	662,000	30,000	31,000	59,000	180,000	-46,000	126,000	-13,000	141,000	32,000	61,200	6,200	99,900	-50,300	12,300	4,300	51,500	100,800	-81,000	-192,400	182,800	141,700	88,600	41,300	38,800	-11,900	-36,900	60,300	63,400	65,800	-46,100	6,500	91,200	33,300
Increase in operating lease assets and liabilities, net
20,000	5,000	-3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows provided by operating activities
690,000	1,425,000	-170,000	761,000	483,000	1,392,000	-119,000	642,000	481,000	1,357,000	82,000	538,000	428,000	974,000	-150,000	473,000	354,000	954,000	8,000	558,000	391,300	866,000	127,700	365,800	387,000	752,500	29,900	292,100	279,100	780,300	-125,200	257,000	259,500	646,400	-36,200	299,400	219,600	547,100	-39,100	158,500	181,300	614,200	2,700
Cash flows from investing activities
Capital expenditures
177,000	166,000	125,000	303,000	149,000	164,000	128,000	261,000	105,000	147,000	116,000	188,000	108,000	123,000	85,000	191,000	111,000	133,000	90,000	193,200	92,400	108,700	78,700	167,400	125,900	131,200	85,700	155,500	100,100	109,900	95,500	148,800	90,400	100,700	80,800	127,100	79,100	87,100	57,700	109,200	57,200	58,800	45,400
Payments for acquired businesses, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-19,000	0	1,680,000	10,000	0	82,000	0	19,000	-1,000	137,800	94,200	10,000	0	0	0	9,200	0	0	0	8,700	0	-100	0	7,700	0	0	-2,400	258,500	1,400	0	0	9,300
Proceeds from the disposition of investments
-	-	-	0	958,000	98,000	173,000	33,000	107,000	298,000	311,000	271,000	318,000	272,000	365,000	448,000	367,000	325,000	233,000	123,700	120,100	52,800	8,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
0	0	5,000	0	0	0	14,000	-14,000	13,000	331,000	148,000	200,000	589,000	130,000	348,000	429,000	627,000	272,000	688,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of net investment hedges, net
-	-	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	0	0	0	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows provided by (used for) investing activities
-207,000	-1,222,000	-128,000	-301,000	809,000	-66,000	31,000	-214,000	-11,000	-180,000	47,000	-98,000	-379,000	-1,661,000	-66,000	-172,000	-453,000	-80,000	-564,000	-583,800	-241,300	-710,600	-80,300	-167,400	-117,500	-131,800	-94,900	-154,700	-94,600	-112,000	-104,200	-148,800	-90,300	-100,700	-88,500	-127,100	-78,900	-84,700	-316,200	-110,600	-57,200	-58,900	-54,700
Cash flows from financing activities
Proceeds (repayments) of current debt, net
1,506,000	3,000	5,000	-4,000	2,000	-166,000	-3,000	-114,000	-116,000	-140,000	362,000	-29,000	-1,623,000	1,554,000	263,000	-	-61,000	-79,000	426,000	-105,700	68,200	53,400	-2,900	-200	1,900	3,200	200	200	-6,300	3,000	-195,400	75,500	118,400	2,300	1,200	-6,300	-600	200	7,100	1,500	-3,700	1,000	-6,300
Proceeds from issuance of long-term debt, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	498,700	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,900	100	0	1,000	-	-	-	-	0	0	0	4,100	0	0	0	1,100	-	-	-	-	-	-	-	-
Repayments and redemptions of long-term debt
503,000	13,000	-5,000	-	-	-	-	-	-	-	-	-302,000	-1,000	-1,000	-2,000	-2,000	-2,000	-2,000	-2,000	-2,000	-1,100	-1,300	-3,600	-2,700	-2,400	-3,000	-3,700	-3,300	1,000	-3,300	-235,900	-1,200	-122,300	-2,900	-2,400	-1,400	-2,400	-3,200	-9,500	-252,600	10,400	1,100	13,900
Net settlement of interest rate derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-47,400	-	-	-	-
Net proceeds from stock-based compensation transactions
77,000	16,000	55,000	38,000	95,000	26,000	33,000	25,000	74,000	35,000	48,000	47,000	53,000	15,000	26,000	30,000	33,000	16,000	6,000	17,500	59,700	11,200	12,600	29,400	27,200	20,100	8,100	19,800	34,200	20,900	16,200	18,900	34,400	33,900	3,600	27,400	66,400	47,700	14,600	32,000	116,700	55,900	400
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	8,000	23,000	4,000	10,000	5,000	5,000	9,000	4,000	7,300	26,600	6,700	7,400	8,300	6,600	15,500	9,800	6,200	14,300	17,800	15,600	9,600	14,100	23,100	11,000	11,600	20,800	16,400	900	-	-	-	-
Payments to acquire treasury stock
70,000	500,000	313,000	211,000	218,000	596,000	530,000	83,000	278,000	287,000	111,000	50,000	0	141,000	222,000	187,000	75,000	241,000	387,000	356,900	147,500	271,600	207,000	66,900	395,400	145,400	59,500	24,500	36,700	161,100	165,400	42,700	27,600	119,500	402,900	50,000	173,600	29,200	143,800	119,000	69,600	77,700	400
Dividends paid to stockholders
172,000	174,000	156,000	156,000	156,000	156,000	141,000	139,000	140,000	141,000	126,000	125,000	125,000	125,000	111,000	111,000	111,000	111,000	90,000	90,200	90,900	91,400	77,500	76,600	76,800	78,600	69,800	69,900	69,800	279,000	500	0	0	203,700	300	0	0	147,900	100	0	0	109,000	100
Payments to noncontrolling interest holders for dividends
0	5,000	2,000	3,000	0	2,000	1,000	-	-	-	-	-	-	-	-	1,000	1,000	1,000	1,000	1,700	1,200	2,500	600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows provided by (used for) financing activities
838,000	1,103,000	-416,000	-359,000	-278,000	-894,000	-642,000	-350,000	-460,000	-535,000	173,000	-453,000	-187,000	1,306,000	-36,000	60,000	-212,000	-409,000	-44,000	-240,600	-86,300	-295,500	-272,600	-112,200	-441,600	-188,200	-114,900	-75,000	-64,000	-401,700	-70,800	55,600	17,000	-266,800	-390,900	-24,300	-89,400	-116,000	-83,400	-290,200	34,300	-129,900	-20,300
Effect of exchange rate changes on Cash and cash equivalents
-41,000	31,000	-14,000	-16,000	12,000	1,000	-8,000	-37,000	25,000	19,000	6,000	10,000	15,000	-21,000	2,000	-3,000	-1,000	-5,000	-13,000	-800	-16,600	-14,100	-8,500	12,700	-45,700	-6,700	6,400	-5,300	-5,500	3,300	6,200	-8,900	7,500	700	-17,900	6,000	4,600	3,200	11,500	-18,200	-800	-1,000	7,000
Net increase in Cash and cash equivalents
1,280,000	1,337,000	-728,000	85,000	1,026,000	433,000	-738,000	41,000	35,000	661,000	308,000	-3,000	-123,000	598,000	-250,000	358,000	-312,000	460,000	-613,000	-267,200	47,100	-154,200	-233,700	98,900	-217,800	425,800	-173,500	57,100	115,000	269,900	-294,000	154,900	193,700	279,600	-533,500	154,000	55,900	349,600	-427,200	-260,500	157,600	424,400	-65,300