Estée Lauder Companies Inc EL Cash Flow

Estée lauder companies inc (EL)

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
Cash flows from operating activities
Net earnings
1,313	1,874	1,890	1,794	1,824	1,641	1,189	1,117	1,159	1,085	1,390	1,256	1,121	1,087	1,106	1,121	1,180	1,187	1,175	1,094	1,198	1,139	1,136	1,209	1,046	1,011	1,026	1,023	980	932	881	860	851	845	792	703	685	618	534	482	0	0	0
Adjustments to reconcile net earnings to net cash flows from operating activities:
Depreciation and amortization
600	575	568	557	546	544	536	531	516	502	485	464	447	431	423	415	415	412	406	409	403	398	396	384	369	364	348	336	327	311	303	295	297	300	295	294	279	271	267	263	0	0	0
Deferred income taxes
-85	-13	-46	-66	45	23	169	175	50	43	-89	-118	-127	-117	-105	-94	-47	-52	-55	-53	-78	-70	-51	-56	-66	-72	-80	-76	-36	-30	-31	-22	-45	-51	-40	-24	-4	17	3	-24	0	0	0
Non-cash stock-based compensation
252	251	241	243	241	235	237	236	240	217	188	219	212	207	203	184	178	175	171	165	161	158	158	152	152	151	147	145	142	136	133	124	121	117	109	94	86	80	68	57	0	0	0
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	45	42	24	29	23	25	46	44	48	49	29	37	40	38	45	48	53	57	57	62	57	59	66	59	49	0	0	0	-	-	-	-
Net loss on disposal of property, plant and equipment
-17	-17	-16	-17	-9	-13	-15	-15	-21	-19	-15	-5	-3	-4	-8	-17	-16	-13	-12	-15	-13	-15	-16	-13	-13	-13	-13	-15	-15	-18	-14	-12	-10	-7	-10	-7	-17	-14	-18	-23	0	0	0
Non-cash restructuring and other charges
-	-	-	-	-	-	-	-	-	-	-	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	2	4	8	9	19	20	12	21	0	0	0
Pension and post-retirement benefit expense
81	78	75	72	72	73	73	73	75	76	78	80	77	75	73	71	68	65	64	64	66	69	70	70	74	77	79	83	77	74	71	68	79	79	79	78	68	66	64	61	0	0	0
Pension and post-retirement benefit contributions
84	74	56	53	43	83	83	85	84	42	42	38	67	65	64	67	59	59	61	59	37	40	39	41	40	38	39	38	90	115	125	126	94	96	91	92	124	118	151	125	0	0	0
Changes in fair value of contingent consideration
-28	-35	-26	-37	-55	-55	-55	-43	-64	-58	-60	-57	-7	4	7	8	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash items
21	24	25	27	26	26	23	22	17	22	20	21	0	0	0	-	-	-	-	-	0	0	0	-	-	-	-	25	0	0	0	-	-	-	-	-0	-1	-1	-1	-0	0	0	0
Changes in operating assets and liabilities:
Increase in accounts receivable, net
-160	173	110	169	157	167	261	105	175	130	117	92	92	67	77	101	53	64	118	-103	63	-12	-11	196	42	-13	-30	113	78	128	214	178	87	231	237	124	222	82	71	-79	0	0	0
Increase in inventory and promotional merchandise
232	323	422	375	0	0	0	-	-	97	70	85	63	93	117	69	77	31	-0	26	-35	36	108	156	217	159	133	134	111	88	79	41	28	36	81	95	65	109	52	60	0	0	0
Increase in other assets, net
52	129	92	62	62	53	19	-1	70	57	92	90	20	71	46	72	59	27	-23	-8	-5	-2	44	45	44	16	13	3	-13	82	80	63	95	37	48	52	9	0	-40	-29	0	0	0
Decrease in accounts payable
107	118	181	319	224	286	253	349	242	86	58	54	-21	39	32	101	86	67	34	147	22	27	72	34	121	155	43	-8	-8	-41	-0	68	37	30	36	-17	-2	29	33	103	0	0	0
Increase in accrued income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	141	167	144	103	11	-27	-43	-78	0	0	0
Increase in other accrued and noncurrent liabilities
67	150	256	285	92	161	496	466	685	782	300	224	319	247	208	286	221	240	199	117	68	66	17	168	75	-121	10	51	220	454	310	156	31	50	74	152	143	89	117	84	0	0	0
Increase in operating lease assets and liabilities, net
0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows provided by operating activities
2,706	2,499	2,466	2,517	2,398	2,396	2,361	2,562	2,458	2,405	2,022	1,790	1,725	1,651	1,631	1,789	1,874	1,911	1,823	1,943	1,750	1,746	1,633	1,535	1,461	1,353	1,381	1,226	1,191	1,171	1,037	1,126	1,169	1,129	1,029	1,027	886	847	914	956	0	0	0
Cash flows from investing activities
Capital expenditures
771	743	741	744	702	658	641	629	556	559	535	504	507	510	520	525	527	508	484	473	447	480	503	510	498	472	451	461	454	444	435	420	399	387	374	351	333	311	282	270	0	0	0
Payments for acquired businesses, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	1,671	1,690	1,772	92	101	100	155	250	241	242	104	10	9	9	9	9	8	8	8	8	7	7	7	5	256	257	257	259	10	0	0	0
Proceeds from the disposition of investments
-	-	-	1,229	1,262	411	611	749	987	1,198	1,172	1,226	1,403	1,452	1,505	1,373	1,048	801	529	305	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments
5	5	5	14	0	13	344	478	692	1,268	1,067	1,267	1,496	1,534	1,676	2,016	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of net investment hedges, net
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sale of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows provided by (used for) investing activities
-1,858	-842	314	473	560	-260	-374	-358	-242	-610	-2,091	-2,204	-2,278	-2,352	-771	-1,269	-1,680	-1,469	-2,099	-1,616	-1,199	-1,075	-497	-511	-498	-476	-456	-465	-459	-455	-444	-428	-406	-395	-379	-606	-590	-568	-542	-281	0	0	0
Cash flows from financing activities
Proceeds (repayments) of current debt, net
1,510	6	-163	-171	-281	-399	-373	-8	77	-1,430	264	165	0	0	0	-	180	309	441	13	118	52	2	5	5	-2	-2	-198	-123	1	0	197	115	-3	-5	0	8	5	5	-7	0	0	0
Proceeds from issuance of long-term debt, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	498	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	0	0	0	-	-	-	-	4	4	4	4	1	0	0	0	-	-	-	-	-	-	-	-
Repayments and redemptions of long-term debt
0	0	0	-	-	-	-	-	-	-	-	-306	-6	-7	-8	-8	-8	-7	-6	-8	-8	-10	-11	-11	-12	-9	-9	-241	-239	-362	-362	-128	-129	-9	-9	-16	-267	-254	-250	-227	0	0	0
Net settlement of interest rate derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-47	0	0	0	-	-	-	-
Net proceeds from stock-based compensation transactions
186	204	214	192	179	158	167	182	204	183	163	141	124	104	105	85	72	99	94	101	112	80	89	84	75	82	83	91	90	90	103	90	99	131	145	156	160	211	219	205	0	0	0
Excess tax benefits from stock-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	45	42	24	29	23	25	46	44	48	49	29	37	40	38	45	48	53	57	57	62	57	59	66	59	49	0	0	0	-	-	-	-
Payments to acquire treasury stock
1,094	1,242	1,338	1,555	1,427	1,487	1,178	759	726	448	302	413	550	625	725	890	1,059	1,132	1,163	983	693	940	814	667	624	266	281	387	405	396	355	592	600	746	655	396	465	361	410	266	0	0	0
Dividends paid to stockholders
658	642	624	609	592	576	561	546	532	517	501	486	472	458	444	423	402	382	362	350	336	322	309	301	295	288	488	419	349	279	204	204	204	204	148	148	148	148	109	109	0	0	0
Payments to noncontrolling interest holders for dividends
10	10	7	6	0	0	0	-	-	-	-	-	-	-	-	4	4	4	6	6	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flows provided by (used for) financing activities
1,166	50	-1,947	-2,173	-2,164	-2,346	-1,987	-1,172	-1,275	-1,002	839	630	1,143	1,118	-597	-605	-905	-779	-666	-895	-766	-1,121	-1,014	-856	-819	-442	-655	-611	-480	-399	-265	-585	-665	-771	-620	-313	-579	-455	-469	-406	0	0	0
Effect of exchange rate changes on Cash and cash equivalents
-40	13	-17	-11	-32	-19	-1	13	60	50	10	6	-7	-23	-7	-22	-19	-35	-44	-40	-26	-55	-48	-33	-51	-11	-1	-1	-4	8	5	-18	-3	-6	-4	25	1	-4	-8	-13	0	0	0
Net increase in Cash and cash equivalents
1,974	1,720	816	806	762	-229	-1	1,045	1,001	843	780	222	583	394	256	-107	-732	-373	-987	-608	-241	-506	73	133	91	424	268	148	245	324	334	94	93	-44	26	132	-282	-180	-105	256	0	0	0