Spx Flow (FLOW) trailing twelve month cash flow statement covering six trailing twelve month periods to December 31, 2021, as reported to the SEC.
A cash flow statement shows the cash that actually came in and went out, split between running the business, investing and financing.
| Dec'21 | Oct'21 | Jul'21 | Apr'21 | Dec'20 | Sep'20 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities: | |||||||||||||||||||||
Net income (loss) | |||||||||||||||||||||
67,100 | 77,400 | 66,300 | 30,400 | 6,500 | -162,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net income (loss) | 67,100 | 77,400 | 66,300 | 30,400 | 6,500 | -162,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Less: Income (loss) from discontinued operations, net of tax | |||||||||||||||||||||
700 | 3,300 | -1,000 | -32,000 | -36,800 | -198,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Less: Income (loss) from discontinued operations, net of tax | 700 | 3,300 | -1,000 | -32,000 | -36,800 | -198,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Income from continuing operations | |||||||||||||||||||||
66,400 | 74,100 | 67,300 | 62,400 | 43,300 | 36,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Income from continuing operations | 66,400 | 74,100 | 67,300 | 62,400 | 43,300 | 36,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Adjustments to reconcile income from continuing operations to net cash from operating activities: | |||||||||||||||||||||
Restructuring and other related charges | |||||||||||||||||||||
12,700 | 17,100 | 17,800 | 18,300 | 11,700 | 10,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Restructuring and other related charges | 12,700 | 17,100 | 17,800 | 18,300 | 11,700 | 10,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Asset impairment charges | |||||||||||||||||||||
- | - | 500 | 1,300 | 3,200 | 3,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Asset impairment charges | - | - | 500 | 1,300 | 3,200 | 3,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Deferred income taxes | |||||||||||||||||||||
22,000 | 11,100 | 16,400 | 28,300 | 27,500 | 34,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income taxes | 22,000 | 11,100 | 16,400 | 28,300 | 27,500 | 34,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Depreciation and amortization | |||||||||||||||||||||
47,200 | 46,200 | 43,100 | 41,100 | 41,100 | 39,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Depreciation and amortization | 47,200 | 46,200 | 43,100 | 41,100 | 41,100 | 39,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Stock-based compensation | |||||||||||||||||||||
14,200 | 8,500 | 8,300 | 9,100 | 9,500 | 13,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Stock-based compensation | 14,200 | 8,500 | 8,300 | 9,100 | 9,500 | 13,700 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Pension and other employee benefits | |||||||||||||||||||||
-1,000 | 3,100 | 3,200 | 3,200 | 3,300 | 6,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Pension and other employee benefits | -1,000 | 3,100 | 3,200 | 3,200 | 3,300 | 6,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Gains on asset sales and other, net | |||||||||||||||||||||
2,200 | 9,400 | 3,200 | 3,100 | 2,500 | 800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Gains on asset sales and other, net | 2,200 | 9,400 | 3,200 | 3,100 | 2,500 | 800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Gains on changes in fair value of investment in equity security | |||||||||||||||||||||
11,900 | 10,300 | 10,800 | 14,000 | 8,600 | 7,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Gains on changes in fair value of investment in equity security | 11,900 | 10,300 | 10,800 | 14,000 | 8,600 | 7,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Changes in operating assets and liabilities, net of effects from business acquisitions and sale, and from discontinued operations: | |||||||||||||||||||||
Accounts receivable and other assets | |||||||||||||||||||||
26,100 | -600 | 21,400 | 9,100 | -26,400 | -40,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts receivable and other assets | 26,100 | -600 | 21,400 | 9,100 | -26,400 | -40,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Contract assets and liabilities, net | |||||||||||||||||||||
13,100 | 15,700 | 2,700 | -4,400 | 1,300 | -20,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Contract assets and liabilities, net | 13,100 | 15,700 | 2,700 | -4,400 | 1,300 | -20,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Inventories | |||||||||||||||||||||
39,300 | 7,700 | -20,300 | -21,000 | -18,900 | 2,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Inventories | 39,300 | 7,700 | -20,300 | -21,000 | -18,900 | 2,300 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Accounts payable, accrued expenses and other | |||||||||||||||||||||
7,600 | 10,700 | 22,200 | -8,200 | -56,100 | -87,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Accounts payable, accrued expenses and other | 7,600 | 10,700 | 22,200 | -8,200 | -56,100 | -87,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash spending on restructuring actions | |||||||||||||||||||||
13,600 | 14,200 | 14,500 | 12,100 | 11,300 | 9,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Cash spending on restructuring actions | 13,600 | 14,200 | 14,500 | 12,100 | 11,300 | 9,800 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash from continuing operations | |||||||||||||||||||||
69,700 | 130,700 | 161,700 | 157,800 | 120,300 | 109,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash from continuing operations | 69,700 | 130,700 | 161,700 | 157,800 | 120,300 | 109,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash from (used in) discontinued operations | |||||||||||||||||||||
900 | 100 | -1,900 | -7,300 | -7,600 | -11,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash from (used in) discontinued operations | 900 | 100 | -1,900 | -7,300 | -7,600 | -11,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash from operating activities | |||||||||||||||||||||
70,600 | 130,800 | 159,800 | 150,500 | 112,700 | 97,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash from operating activities | 70,600 | 130,800 | 159,800 | 150,500 | 112,700 | 97,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash flows from (used in) investing activities: | |||||||||||||||||||||
Proceeds from asset sales and other, net | |||||||||||||||||||||
4,100 | 14,600 | 6,200 | 6,000 | 5,800 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from asset sales and other, net | 4,100 | 14,600 | 6,200 | 6,000 | 5,800 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Increase in restricted cash | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Increase in restricted cash | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Capital expenditures | |||||||||||||||||||||
32,600 | 28,600 | 25,000 | 27,000 | 22,400 | 28,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Capital expenditures | 32,600 | 28,600 | 25,000 | 27,000 | 22,400 | 28,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Business acquisitions, net of cash acquired of $4.5 and $— in the years ended December 31, 2021 and 2020 | |||||||||||||||||||||
102,300 | 102,600 | 112,600 | 48,000 | 10,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Business acquisitions, net of cash acquired of $4.5 and $— in the years ended December 31, 2021 and 2020 | 102,300 | 102,600 | 112,600 | 48,000 | 10,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash used in continuing operations | |||||||||||||||||||||
-122,800 | -111,900 | -126,700 | -64,300 | -21,900 | -31,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash used in continuing operations | -122,800 | -111,900 | -126,700 | -64,300 | -21,900 | -31,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash from (used in) discontinued operations (includes proceeds from disposition of $408.4, less cash and restricted cash disposed of $7.3, in the year ended December 31, 2020) | |||||||||||||||||||||
- | 2,200 | 2,200 | 401,100 | 395,600 | 390,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash from (used in) discontinued operations (includes proceeds from disposition of $408.4, less cash and restricted cash disposed of $7.3, in the year ended December 31, 2020) | - | 2,200 | 2,200 | 401,100 | 395,600 | 390,500 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash from (used in) investing activities | |||||||||||||||||||||
-122,800 | -109,700 | -124,500 | 336,800 | 373,700 | 359,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash from (used in) investing activities | -122,800 | -109,700 | -124,500 | 336,800 | 373,700 | 359,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Cash flows used in financing activities: | |||||||||||||||||||||
Borrowings under former senior credit facilities | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Borrowings under former senior credit facilities | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of former senior credit facilities | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of former senior credit facilities | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Borrowings under former trade receivables financing arrangement | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Borrowings under former trade receivables financing arrangement | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of former trade receivables financing arrangement | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of former trade receivables financing arrangement | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Borrowings under (repayments of) purchase card program, net | |||||||||||||||||||||
-1,300 | -6,600 | 300 | 800 | 7,900 | 15,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Borrowings under (repayments of) purchase card program, net | -1,300 | -6,600 | 300 | 800 | 7,900 | 15,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Borrowings under other financing arrangements | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Borrowings under other financing arrangements | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Repayments of other financing arrangements | |||||||||||||||||||||
1,700 | 1,800 | 1,300 | 1,400 | 400 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Repayments of other financing arrangements | 1,700 | 1,800 | 1,300 | 1,400 | 400 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchases of common stock | |||||||||||||||||||||
40,200 | 43,200 | 48,200 | 29,800 | 19,900 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchases of common stock | 40,200 | 43,200 | 48,200 | 29,800 | 19,900 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from the exercise of employee stock options | |||||||||||||||||||||
17,600 | 17,600 | 17,600 | 10,400 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from the exercise of employee stock options | 17,600 | 17,600 | 17,600 | 10,400 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Minimum withholdings paid on behalf of employees for net share settlements, net | |||||||||||||||||||||
12,700 | 6,700 | 6,500 | 7,000 | 7,000 | 6,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Minimum withholdings paid on behalf of employees for net share settlements, net | 12,700 | 6,700 | 6,500 | 7,000 | 7,000 | 6,900 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Dividends paid to noncontrolling interests in subsidiary | |||||||||||||||||||||
- | - | - | 1,600 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Dividends paid to noncontrolling interests in subsidiary | - | - | - | 1,600 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash used in continuing operations | |||||||||||||||||||||
-64,400 | -55,800 | -368,100 | -353,600 | -361,400 | -358,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash used in continuing operations | -64,400 | -55,800 | -368,100 | -353,600 | -361,400 | -358,600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash used in discontinued operations | |||||||||||||||||||||
- | - | - | - | -300 | -600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash used in discontinued operations | - | - | - | - | -300 | -600 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Change in former parent company investment | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Change in former parent company investment | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash used in financing activities | |||||||||||||||||||||
-64,400 | -55,800 | -368,100 | -353,600 | -361,700 | -359,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash used in financing activities | -64,400 | -55,800 | -368,100 | -353,600 | -361,700 | -359,200 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Change in cash, cash equivalents and restricted cash due to changes in foreign currency exchange rates | |||||||||||||||||||||
- | - | - | 3,200 | 13,500 | 15,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Change in cash, cash equivalents and restricted cash due to changes in foreign currency exchange rates | - | - | - | 3,200 | 13,500 | 15,400 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net change in cash, cash equivalents and restricted cash | |||||||||||||||||||||
- | - | - | 136,900 | 138,200 | 113,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net change in cash, cash equivalents and restricted cash | - | - | - | 136,900 | 138,200 | 113,100 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||