FORTUNE BRANDS HOME & SECURITY, INC. FBHS Cash Flow

Fortune brands home & security, inc. (FBHS)

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
Operating activities
Net income
455,600	431,300	412,600	406,800	399,400	389,800	432,500	462,200	470,200	472,700	448,400	442,200	429,600	413,200	397,500	381,900	336,200	315,500	272,900	144,200	158,400	159,300	178,500	264,000	234,600	230,900	184,900	160,500	144,200	119,700	30,200	-7,500	-11,300	-34,600	0	0	0
Non-cash pre-tax expense:
Depreciation
110,700	111,300	112,600	114,500	116,000	113,500	109,500	105,700	100,200	98,600	98,000	95,800	94,000	94,600	96,300	98,600	97,300	93,500	88,500	84,900	83,900	82,900	81,000	79,100	77,300	77,200	76,900	86,600	88,500	90,200	102,500	96,100	97,100	97,100	0	0	0
Amortization of intangibles
41,700	41,400	40,800	39,700	37,900	36,100	33,400	32,000	31,800	31,700	31,300	31,100	29,700	28,100	26,700	26,100	24,600	21,600	18,900	16,500	15,400	15,900	16,400	16,100	14,600	13,200	11,600	10,000	10,300	11,100	12,000	13,100	14,100	14,400	0	0	0
Non-cash lease expense
34,600	35,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
34,500	30,500	27,100	27,700	30,600	36,100	42,200	45,000	46,100	43,000	40,400	36,500	34,100	32,000	31,300	30,400	29,400	27,600	26,400	27,500	27,500	29,700	30,200	28,100	27,400	26,100	26,300	27,300	27,400	26,900	25,200	23,700	19,000	15,700	0	0	0
Recognition of actuarial losses (gains)
-	-	-	-	-	-	-	-	-	-	-	-	-	-1,900	0	0	0	-	-	-	-	-13,700	-1,300	-400	-1,200	-5,200	0	0	0	-	-	-	-	-	-	-	-
Deferred taxes
-5,000	-7,500	12,400	17,700	10,000	2,800	-38,300	-34,200	-35,500	-18,700	5,400	4,800	6,900	-25,800	-13,900	-39,800	-46,200	-13,600	-28,000	-5,100	-3,900	300	-6,200	-11,000	-8,000	-12,700	-10,500	-8,700	-5,100	-4,000	-60,200	-46,300	-54,900	-62,400	0	0	0
Asset impairment charges
51,000	43,200	0	0	0	-	-	-	-	15,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of deferred financing fees
3,500	3,400	3,200	2,800	2,600	2,300	2,000	2,000	2,000	2,000	2,100	2,600	3,700	3,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in losses of affiliate
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on equity investments
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	3,000	3,100	1,700	2,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of property, plant and equipment
-400	400	1,700	1,600	-100	-1,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in assets and liabilities:
Increase in accounts receivable
55,200	50,700	6,600	28,300	4,000	-9,800	16,500	51,200	49,700	-1,000	20,500	21,900	30,900	39,100	2,300	-1,600	26,000	6,900	20,000	49,700	33,600	39,900	38,700	35,400	17,900	58,500	72,100	54,500	50,000	33,500	14,000	-12,700	30,700	-26,900	0	0	0
Decrease (increase) in inventories
-28,500	38,300	85,400	67,100	75,300	55,000	14,900	26,500	35,500	24,800	30,900	-16,900	-66,700	-52,400	-5,500	29,600	65,800	69,800	3,700	-12,500	-9,400	-14,500	44,300	83,200	106,100	89,700	45,000	26,400	29,400	18,700	23,100	35,200	10,400	4,600	0	0	0
Decrease in accounts payable
-4,700	8,700	3,500	35,500	12,000	21,000	33,900	32,900	31,400	24,000	25,400	25,800	15,100	57,600	7,100	20,600	24,500	-16,000	-300	-4,900	4,400	-9,500	-4,600	-14,000	-400	39,800	71,000	42,400	46,500	22,100	-5,900	6,300	16,800	6,700	0	0	0
Increase in other assets
2,300	10,500	23,400	20,500	35,500	24,700	19,900	19,900	27,200	28,300	5,700	4,200	12,000	-10,700	24,800	22,100	-16,300	24,400	20,500	26,400	23,900	24,400	9,100	-7,500	-200	-32,200	-17,500	-11,200	-2,700	-5,500	-4,700	19,100	22,200	40,700	0	0	0
Decrease in accrued expenses and other liabilities
4,400	10,100	8,500	-16,000	-18,700	-4,800	22,000	21,800	27,200	5,400	8,000	14,500	8,500	19,900	21,000	43,900	53,700	68,600	66,700	41,500	7,700	-73,400	0	0	0	-	-14,600	-43,500	-45,000	21,200	-22,300	-14,600	-21,500	-67,000	0	0	0
Increase in accrued taxes
-12,400	-5,300	11,700	-18,500	14,300	9,500	-37,300	-17,700	-9,800	-24,400	16,100	4,800	-12,000	300	-18,500	-900	19,100	6,700	-18,700	200	1,200	-200	37,600	12,000	6,900	5,700	-4,600	4,600	4,400	-12,800	49,400	34,900	29,900	50,400	0	0	0
Net cash used in operating activities
713,100	637,200	614,100	578,700	566,200	604,000	591,400	566,400	566,300	600,300	622,500	656,700	638,700	650,500	532,000	538,800	489,800	429,200	433,800	352,300	356,100	266,200	241,800	221,200	213,700	297,800	329,600	276,200	254,200	282,800	271,800	237,600	199,400	175,400	0	0	0
Investing activities
Capital expenditures
131,500	131,800	126,000	137,800	139,700	150,100	176,000	172,700	173,100	165,000	138,700	134,100	135,000	149,300	147,700	148,600	147,700	128,500	132,100	134,500	131,100	127,500	123,800	113,100	103,300	96,700	84,200	78,000	78,200	75,000	73,100	69,100	69,700	68,500	0	0	0
Proceeds from the disposition of assets
3,800	4,200	9,000	9,500	7,300	6,100	0	0	0	-	-	-	-	-	-	-	-	2,500	3,000	1,000	900	700	300	2,000	2,100	2,200	3,000	12,000	12,300	13,500	12,700	2,100	4,800	3,500	0	0	0
Cost of investments in equity securities
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of acquisitions, net of cash acquired
-	-	-	-	-	465,600	571,200	130,300	130,300	124,600	0	0	0	-	-	-	-	652,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,700	0	0	0	-	-	-	-
Net cash used in investing activities
-179,300	-127,600	-144,000	-612,800	-616,900	-634,300	-742,900	-301,900	-300,800	-287,700	-164,000	-287,600	-370,900	-385,100	-375,900	-215,500	-779,800	-766,600	-798,500	-810,300	-160,800	-151,100	-119,000	-113,900	-403,400	-396,700	-403,600	-387,000	-87,500	-86,700	-65,400	-76,600	-74,500	-71,000	0	0	0
Financing activities
Decrease in short-term debt
-	-525,000	-525,000	0	0	525,000	0	0	0	-	-	-	-	-1,100	0	0	0	-	-	-	-	-6,200	-2,300	4,100	4,000	1,300	1,300	1,900	2,400	1,900	2,200	1,900	1,400	1,400	0	0	0
Issuance of long-term debt
1,579,300	1,719,300	1,594,300	1,936,200	2,166,200	2,191,200	2,356,200	1,355,000	1,075,000	640,000	560,000	605,000	665,000	1,065,000	880,000	665,000	2,103,900	1,748,900	1,970,900	2,325,900	1,027,000	1,057,000	0	0	0	-	-	-	-	70,000	0	0	0	-	-	-	-
Repayment of long-term debt
1,315,000	1,345,000	1,235,000	1,665,000	1,535,000	1,890,000	1,830,000	955,000	1,030,000	565,000	685,000	815,000	794,100	805,000	635,000	453,700	1,245,900	1,250,000	1,312,000	1,533,300	742,000	737,000	0	0	0	-	-	-	-	156,800	0	0	0	-	-	-	-
Proceeds from the exercise of stock options
32,800	17,300	7,700	7,200	4,600	4,900	6,800	10,200	23,000	28,500	26,500	33,100	29,300	25,500	31,100	30,300	24,900	28,900	28,400	31,000	29,600	28,900	32,500	32,900	42,000	50,700	65,000	78,300	80,000	104,300	0	0	0	-	-	-	-
Payment to Beam Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Treasury stock purchases
232,000	100,000	191,900	141,900	387,400	694,600	643,800	784,800	512,700	214,800	235,500	94,500	89,100	424,500	398,700	414,000	414,000	51,700	44,100	185,200	371,500	439,800	420,400	293,600	107,300	52,100	0	0	0	-	-	-	-	-	-	-	-
Excess tax benefit from the exercise of stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	30,700	27,800	27,000	28,400	29,200	34,700	32,300	35,000	26,800	22,800	21,200	16,700	12,200	0	0	0	-	-	-	-
Employee withholding taxes related to stock-based compensation
8,600	8,700	8,900	9,500	9,500	14,000	14,000	14,000	15,000	10,600	10,500	10,400	9,400	10,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred acquisition payments
-	19,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends to stockholders
125,500	123,000	120,400	118,300	116,600	115,200	114,700	113,600	112,300	110,300	107,200	104,500	101,400	98,200	96,100	93,900	91,600	89,500	86,000	82,500	79,800	77,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net loan payments to Fortune Brands, Inc.
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	91,200	0	0	0
Fortune Brands, Inc. payment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	15,900	0	0	0
Other financing activities, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-2,200	-2,300	-2,700	-2,700	-2,700	-2,600	-1,100	-1,100	-1,100	-4,000	-5,900	-5,600	-5,000	0	0	0
Net cash provided by financing activities
-441,800	-389,700	-516,100	-24,600	106,400	-6,800	280,800	-170,100	-239,900	-250,100	-464,400	-391,800	-303,600	-250,400	-227,500	-262,300	367,600	398,800	554,100	544,400	-131,600	-160,000	-103,000	-84,900	56,200	4,100	14,300	84,700	-31,100	15,700	-121,200	-85,900	-71,700	-43,500	0	0	0
Effect of foreign exchange rate changes on cash
-14,500	4,300	-8,600	-3,000	-11,200	-15,200	-8,500	-1,600	8,000	9,000	4,400	-3,300	-7,000	-2,000	-600	-5,800	-3,400	-14,800	-13,900	-7,900	-8,500	-4,600	-1,700	-1,000	-1,200	200	600	2,500	2,700	3,400	3,300	-1,000	-500	-800	0	0	0
Net (decrease) increase in cash and cash equivalents
77,500	124,200	-54,600	-61,700	44,500	-52,300	120,800	92,800	33,600	71,500	-1,500	-26,000	-42,800	13,000	-72,000	55,200	74,200	46,600	175,500	78,500	55,200	-49,500	18,100	21,400	-134,700	-94,600	-59,100	-23,600	138,300	215,200	88,500	74,100	52,700	60,100	0	0	0