EDWARDS LIFESCIENCES CORPORATION EW Cash Flow

Edwards lifesciences corporation (EW)

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
Cash flows from operating activities
Net Income (Loss) Available to Common Stockholders, Basic
1,107,800	1,046,900	773,700	724,900	765,300	722,200	712,400	656,600	560,000	583,600	744,900	716,200	656,700	569,500	551,700	528,400	514,500	494,900	463,400	439,900	874,200	811,100	777,000	759,200	305,500	389,100	403,400	395,800	370,300	291,500	265,200	247,600	237,900	236,700	238,400	234,800	234,200	218,000	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
93,200	89,300	85,300	81,400	78,900	77,400	78,700	80,200	79,900	81,900	79,800	77,300	76,400	71,200	66,600	66,900	65,700	65,800	69,600	69,100	68,400	68,600	67,400	66,400	65,000	62,900	57,300	54,700	54,000	53,700	57,000	56,500	57,300	58,000	58,600	58,100	57,000	56,500	0	0	0
Non-cash operating lease cost
26,300	25,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation (Note 7)
84,400	81,300	78,900	76,500	73,400	71,000	70,300	68,700	64,800	61,600	60,200	58,800	57,800	56,900	55,900	54,100	50,600	49,900	49,200	48,800	49,900	48,300	47,600	47,300	48,200	47,400	46,700	45,700	44,100	42,100	40,300	39,900	36,500	35,000	32,900	31,000	29,500	29,300	0	0	0
Excess tax benefit from stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	64,300	70,800	58,800	42,600	41,300	42,300	47,800	45,200	49,400	44,400	35,900	25,900	73,500	80,800	72,400	79,900	56,500	41,400	37,800	29,000	6,000	16,700	34,800	51,100	55,100	0	0	0
Business Combination, Contingent Consideration Arrangements, Change in Amount of Contingent Consideration, Liability
-15,000	-6,100	-1,600	-5,700	-2,800	-5,700	10,900	600	-7,200	-9,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-9,900	-12,100	47,600	33,300	6,000	27,300	-3,500	7,000	34,300	-17,800	-9,300	-6,100	1,000	37,400	96,500	97,000	98,900	95,000	68,400	69,400	69,400	71,100	17,600	12,600	10,200	12,400	26,100	27,000	27,900	26,400	1,700	1,100	400	600	2,200	5,200	12,400	11,200	0	0	0
Purchase of intellectual property (Note 3)
0	24,000	24,000	24,000	24,000	0	0	0	0	-	-	5,700	40,100	34,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-18,900	2,800	-5,200	-3,300	-5,000	-13,000	7,700	3,200	4,600	6,200	-8,500	-3,100	-6,000	-7,900	-5,000	-14,100	-12,500	-11,000	-19,100	-14,200	-13,500	-13,900	-9,300	-6,300	-6,300	-6,700	-4,900	-5,100	-4,700	-3,200	-500	0	-2,500	1,100	900	4,000	12,600	5,000	0	0	0
Changes in operating assets and liabilities:
Accounts and other receivables, net
46,400	88,000	98,700	120,500	101,900	28,700	7,400	-49,600	-81,100	27,800	26,300	70,500	109,700	60,400	64,800	63,500	34,000	38,300	44,400	66,100	86,000	26,800	11,400	-17,000	-25,800	-8,500	13,300	13,000	-3,800	26,500	19,200	27,600	43,700	53,700	40,900	41,400	53,500	34,200	0	0	0
Inventories
111,200	105,400	106,100	107,100	91,800	65,700	57,700	72,300	103,000	124,000	132,300	123,100	85,300	65,600	54,700	50,100	53,400	67,700	67,600	51,300	48,900	30,500	22,100	24,200	26,200	44,400	39,100	42,000	32,500	21,700	42,600	53,600	59,000	57,000	31,600	24,000	29,500	36,800	0	0	0
Accounts payable and accrued liabilities
34,300	-63,500	79,300	91,100	65,800	192,500	42,900	64,100	72,500	93,800	91,200	31,100	31,100	77,700	34,900	35,800	40,900	29,400	57,000	56,200	32,400	112,900	58,700	25,700	43,700	200	23,800	24,700	27,500	-2,700	19,200	26,000	12,100	55,400	41,400	50,800	69,400	63,600	0	0	0
Income taxes
91,700	43,200	67,800	27,600	-214,000	-157,800	140,100	150,800	314,600	293,700	-22,800	-1,800	99,300	105,100	143,500	150,500	132,700	134,500	79,500	-77,900	139,700	128,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Prepaid expenses and other current assets
15,300	6,800	-2,300	-31,100	-44,900	-15,700	0	0	0	-	-	-2,700	12,600	12,600	23,600	23,800	12,300	200	-14,300	-16,100	-9,000	900	31,700	38,900	35,400	6,300	-5,000	-14,000	-26,800	-1,600	-27,000	-39,900	-28,700	-20,600	-18,500	-1,600	9,800	2,500	0	0	0
Other
7,400	-16,200	100	-7,900	-11,700	-1,400	-4,000	200	-500	-8,400	-12,700	-17,200	-17,500	-20,800	-21,600	-12,000	-6,800	-6,500	-4,400	-8,700	-12,300	-7,500	-10,700	-17,300	-14,900	-13,900	-9,900	-4,600	-11,100	-11,400	-11,300	-9,900	2,500	1,300	500	-7,200	-5,900	-8,800	0	0	0
Net cash provided by operating activities
1,384,900	1,179,400	1,073,000	978,000	777,000	926,800	997,700	966,200	1,023,700	1,000,700	837,900	733,000	725,600	704,400	607,100	603,700	583,500	549,700	539,100	348,800	956,700	1,022,300	1,040,400	1,160,400	510,500	472,700	476,100	475,200	493,900	362,100	340,800	324,900	262,600	308,200	308,800	289,800	253,300	251,400	0	0	0
Cash flows from investing activities
Capital expenditures
294,400	254,400	240,500	249,500	237,700	238,700	233,000	190,200	195,400	168,100	179,400	185,200	164,300	176,100	150,400	128,300	109,600	102,700	99,700	91,800	89,400	82,900	68,500	73,000	86,500	109,000	133,000	136,100	127,800	109,000	90,900	84,700	80,700	76,600	72,300	69,200	67,700	61,800	0	0	0
Purchases of held-to-maturity investments (Note 4)
212,200	130,200	50,000	240,000	240,000	210,000	0	0	0	-	-	-	-	594,700	604,600	829,600	659,000	928,500	1,259,900	1,363,300	1,986,600	1,956,400	2,049,300	1,747,700	1,122,300	823,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from held-to-maturity investments (Note 4)
130,200	50,000	240,000	288,600	359,600	578,100	709,800	762,200	663,700	654,700	556,800	737,200	827,000	852,500	753,700	1,044,800	1,184,200	1,260,100	1,833,700	1,578,900	1,645,300	1,611,200	1,136,200	890,400	678,000	526,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of available-for sale investments (Note 4)
588,800	437,900	0	0	0	-	-	-	-	529,800	611,200	627,900	564,400	470,400	410,100	348,500	369,100	380,300	467,600	367,000	245,000	160,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from available-for-sale investments (Note 4)
431,600	359,900	308,400	312,900	237,000	223,200	260,800	260,400	297,700	448,700	452,500	427,200	378,200	232,600	214,400	196,400	209,000	179,600	128,000	79,700	20,000	1,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in intangible assets (Note 3)
7,200	24,000	24,000	24,000	16,800	3,000	0	0	0	-	-	6,600	44,000	41,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,700	2,300	2,300	300	1,200	0	0	0
Investments in trading securities, net
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in trading securities, net
-	-	-	-	0	-	-	-	0	-	-	9,200	9,400	9,800	-9,400	-9,600	-11,200	-9,200	-32,500	-30,100	-26,800	-14,400	12,600	12,100	11,700	1,400	0	0	0	-	-	-	-	-3,100	-3,200	-3,600	500	400	0	0	0
Proceeds from sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,600	0	0	0
Investments in unconsolidated affiliates, net (Note 6)
0	-	-	-	0	-	-	-	0	-	-	-	5,400	7,600	9,400	7,800	6,700	5,100	11,000	9,200	12,300	11,200	5,500	5,900	3,800	3,000	100	-1,400	-1,700	2,000	-4,200	-800	-500	2,300	11,900	10,600	13,100	6,900	0	0	0
Payment of contingent consideration
-	-	-	-	-	-	0	0	10,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from short-term investments (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Purchases of short-term investments (Note 2)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	715,500	585,600	643,800	643,300	0	0	0	-	-	-	-
Acquisitions (Notes 8 and 9)
-	-	-	-	-	0	108,000	108,100	110,900	192,900	84,900	84,800	82,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	42,600	0	0	0	-	-	-	-
Payment for acquisition option
0	35,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Issuances of notes receivable
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
26,200	24,000	24,500	24,400	21,900	23,600	18,600	29,000	22,500	22,500	14,200	3,200	2,400	-1,200	-4,800	-12,000	-6,300	-2,400	3,300	6,400	300	0	-1,300	2,600	3,000	4,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-681,000	-595,800	-144,800	-386,300	-193,100	76,700	120,300	165,000	-578,100	-647,200	-616,300	-402,900	-107,800	-211,700	-264,600	-444,100	-88,500	-316,100	-231,400	-210,600	-693,500	-633,000	-991,900	-943,600	-546,200	-412,700	-138,400	-163,800	-133,500	-78,800	-214,500	-27,300	-180,000	-406,500	-321,300	-391,800	-213,100	-61,500	0	0	0
Operating cash flows from operating leases
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash flows from financing activities
Proceeds from issuance of debt, net
23,100	18,900	13,600	11,900	686,600	688,000	691,800	695,100	622,400	994,700	1,218,200	1,223,000	621,200	253,500	35,300	34,000	33,700	31,400	26,700	25,500	25,400	226,300	820,200	1,186,900	1,349,500	1,305,000	874,200	534,100	419,200	407,000	258,500	530,700	567,200	526,100	543,100	266,700	260,400	254,400	0	0	0
Payments on debt and finance lease obligations
33,100	28,900	624,900	623,300	1,124,200	1,125,300	529,700	532,400	470,100	818,400	818,500	820,300	375,300	31,400	36,400	34,100	30,800	29,500	38,800	40,800	168,900	239,000	754,600	816,300	815,400	895,400	515,700	490,500	405,300	367,500	256,600	519,400	537,000	421,700	471,900	274,700	243,600	302,800	0	0	0
Purchases of treasury stock
872,400	263,300	535,300	707,100	799,100	795,500	774,800	602,500	328,000	763,300	793,400	792,800	755,600	662,300	480,900	480,900	523,200	280,100	180,300	180,200	101,900	300,900	323,400	550,900	689,200	496,900	652,000	447,500	362,300	344,100	206,400	287,600	317,100	303,400	263,300	159,700	177,800	200,000	0	0	0
Equity forward contract related to accelerated share repurchase agreement (Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Proceeds from stock plans
144,600	160,500	153,200	149,200	147,200	147,000	141,800	129,400	135,500	113,800	111,900	127,400	106,900	103,300	109,900	89,300	83,200	87,200	102,000	122,900	122,600	113,300	79,900	51,000	45,900	45,500	47,600	63,100	89,000	100,100	100,300	90,500	71,200	59,500	66,900	72,100	72,000	92,100	0	0	0
Excess tax benefit from stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	64,300	70,800	58,800	42,600	41,300	42,300	47,800	45,200	49,400	44,400	35,900	25,900	73,500	80,800	72,400	79,900	56,500	41,400	37,800	29,000	6,000	16,700	34,800	51,100	55,100	0	0	0
Other
-8,600	-2,800	-3,900	900	6,900	-300	500	-3,000	-800	0	0	5,000	1,400	4,100	3,000	-5,600	-3,800	-8,900	-4,900	-3,100	-3,500	-2,100	-7,600	-5,100	-700	3,200	4,400	5,900	400	1,500	500	-1,000	-300	-1,700	300	-6,800	-100	-2,700	0	0	0
Net cash (used in) provided by financing activities
-746,400	-115,600	-997,300	-1,088,400	-1,097,700	-1,101,200	-485,500	-408,500	-41,000	-473,200	-239,100	-195,600	-290,700	-268,500	-333,300	-373,500	-455,800	-158,600	-53,000	-27,900	-81,100	-153,000	-118,400	-98,500	-84,000	34,900	-192,500	-261,600	-177,400	-155,600	-62,300	-159,000	-197,800	-135,200	-108,200	-67,600	-38,000	-103,900	0	0	0
Effect of currency exchange rate changes on cash and cash equivalents
-3,800	-3,000	-5,600	-2,900	-4,000	-6,500	-1,500	-4,500	3,100	7,900	2,800	3,800	-9,200	-12,500	-10,300	-13,800	5,200	-10,400	-12,700	-11,300	-20,800	-2,900	3,000	7,600	13,900	14,600	20,000	18,600	5,200	12,000	-2,200	-9,900	3,300	8,600	3,700	24,900	1,800	-24,000	0	0	0
Net decrease in cash and cash equivalents
-46,300	465,000	-74,700	-499,600	-517,800	-104,200	631,000	718,200	407,700	-111,800	-14,700	138,300	317,900	211,700	-1,100	-227,700	44,400	64,600	242,000	99,000	161,300	233,400	-66,900	125,900	-105,800	109,500	165,200	68,400	188,200	139,700	61,800	128,700	-111,900	-224,900	-117,000	-144,700	4,000	62,000	0	0	0
Non-cash investing and financing transactions:
Fair value of shares issued in connection with business combinations
-	-	-	-	-	-	-	-	-	-	-	-	266,500	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures accruals
-	-	-	-	-	-	-	-	-	-	-	-	19,100	-	24,900	23,500	24,900	15,100	10,800	8,900	8,700	8,300	9,200	13,700	8,900	8,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-