W. R. GRACE & CO. GRA Cash Flow

W. r. grace & co. (GRA)

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
OPERATING ACTIVITIES
Net income (loss)
42,100	-28,100	53,800	76,400	24,600	68,900	15,900	38,600	43,400	-123,100	47,100	43,500	42,900	15,600	39,700	38,500	300	20,300	13,700	57,400	52,700	14,200	75,000	136,700	50,300	30,200	77,300	90,800	59,400	-166,000	76,000	69,700	61,300	8,400	81,200	75,500	54,000	44,800	55,000	50,900	56,700
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-2,000	-1,600	600	-9,900	-7,200	-19,900	24,800	22,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (loss) from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	17,600	41,300	37,900	10,200	27,500	33,600	32,600	30,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reconciliation to net cash provided by (used for) operating activities:
Depreciation and amortization
25,500	25,000	25,500	24,900	24,900	24,700	25,200	25,900	25,000	28,900	28,400	27,100	27,100	26,500	27,000	23,600	23,200	24,400	24,600	25,000	25,200	400	34,300	34,000	34,000	31,300	30,000	30,700	31,100	30,100	29,700	29,800	29,400	30,100	31,000	29,700	29,200	28,700	27,200	30,200	29,500
Equity in earnings of unconsolidated affiliate
1,200	13,900	3,800	6,000	4,100	12,300	5,900	8,200	5,400	8,000	4,800	6,100	7,000	11,800	8,500	2,600	6,900	8,300	3,600	2,300	6,200	6,500	6,400	3,100	3,700	5,800	2,800	9,200	5,100	4,700	4,900	3,200	5,700	2,000	5,500	4,200	3,500	4,800	1,700	6,200	5,100
Dividends received from unconsolidated affiliate
-	-	-	-	-	-	-	-	-	-	-	-	-	6,200	8,000	6,800	10,000	0	0	11,800	0	-	-	-	-	-	-	-	-	0	0	1,100	5,200	-	-	-	-	-	-	-	-
Costs related to legacy matters
2,700	51,400	3,700	1,500	46,900	3,500	74,600	2,200	2,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for legacy matters
7,600	5,500	6,000	4,600	3,200	4,800	5,500	6,300	6,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs related to legacy product, environmental and other claims
-	-	-	-	-	-	-	-	-	-	8,500	14,900	2,100	11,200	13,100	6,700	4,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for legacy product, environmental and other claims
-	-	-	-	-	-	-	-	-	-	5,900	3,500	40,700	7,300	11,300	3,500	2,500	5,200	4,000	6,800	491,400	647,900	8,100	12,600	1,323,900	15,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Chapter 11 expenses, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,700	3,000	6,100	4,300	2,900	3,300	4,800	4,000	4,400	3,700	4,500	3,100	4,400	6,700	5,800	-	-	-	-
Chapter 11 expenses paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,100	3,900	3,200	5,600	3,400	3,300	3,200	4,800	7,200	4,800	3,800	-	-	-	-
Asbestos and bankruptcy-related charges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	-2,400	8,800	21,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Provision for (benefit from) income taxes
15,700	-200	27,300	18,800	10,900	27,600	700	25,000	24,800	151,300	11,600	19,600	18,000	-3,100	19,400	21,500	21,200	16,700	17,700	17,900	17,500	-79,100	44,600	-7,700	29,800	-14,500	43,600	42,500	31,300	-163,600	35,400	35,800	30,800	-14,600	40,400	36,600	25,500	11,600	17,000	20,400	-16,500
Cash paid for income taxes
14,400	13,200	19,300	9,400	10,900	24,700	12,600	7,800	8,900	17,700	12,800	15,900	15,400	54,200	15,600	9,600	17,200	22,300	9,700	11,800	-3,100	-6,800	5,300	300	16,100	-5,200	38,700	15,300	11,600	41,000	11,200	22,400	8,000	6,400	4,100	10,300	23,900	-8,000	8,200	6,700	6,900
Income tax refunds received
800	3,400	0	6,300	800	400	200	100	0	4,000	500	28,900	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest accretion on deferred payment obligations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Interest accrued on bonds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-11,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Interest expense and related financing costs
18,300	-	18,600	19,600	20,000	-	20,400	19,900	19,300	-	20,100	20,100	19,500	19,900	19,800	19,800	22,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for interest
-	-	-	-	-	-	6,700	34,300	5,300	-	5,800	29,400	4,900	30,200	4,900	31,100	9,500	35,500	9,100	28,400	16,500	672,400	8,800	9,400	1,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Defined benefit pension expense
3,100	90,400	4,500	4,600	4,800	-10,900	3,800	4,000	3,800	52,500	3,400	3,200	5,000	64,400	2,900	2,400	2,900	31,300	5,100	5,000	9,500	142,600	8,000	8,000	3,500	-46,100	6,800	6,900	9,200	96,400	17,600	16,800	18,800	92,400	15,900	15,100	16,500	19,800	19,000	18,500	19,800
Interest accrued on pre-petition liabilities subject to compromise
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,700	9,400	9,000	-	10,300	9,800	9,900	10,000	9,900	9,600	9,500	-	-	-	-
Cash paid under defined benefit pension arrangements
4,400	3,500	4,300	4,000	4,000	4,700	3,900	54,200	3,700	5,600	4,400	4,000	3,800	3,800	4,100	4,300	3,700	3,900	3,800	3,800	3,900	1,500	5,000	80,300	8,800	4,700	5,600	4,100	53,900	4,300	4,300	4,500	113,700	5,100	47,900	4,800	207,300	14,700	21,800	13,500	13,300
Restructuring expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,800	7,900	8,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for repositioning
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring expenses and related asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,100	2,300	3,000	-	100	700	200	-	-	-	-
Cash paid for restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,400	800	2,800	600	-1,200	1,400	1,500	1,900	-	-	-	-	-	2,300	2,700	2,200	-	1,400	3,000	1,900	-	-	-	-
Provision for environmental remediation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600	600	600	-	1,100	300	200	-	-	-	-
Cash paid for environmental remediation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,200	-	2,700	5,200	1,800	2,800	4,900	3,700	2,600	4,900	1,500	2,200	4,400	4,100	2,300	3,000	2,400	-	-	-	-
Changes in assets and liabilities, excluding effect of currency translation and acquisitions:
Trade accounts receivable
-47,300	30,300	-35,800	50,800	-26,600	10,600	1,700	5,300	-20,100	25,600	-16,400	15,500	-19,800	25,400	27,500	7,100	-44,300	34,300	800	-800	-16,300	-26,600	-6,000	36,300	21,100	-8,300	-8,500	42,900	-39,600	-700	-38,900	53,700	-11,100	-6,200	-6,600	55,600	37,800	-32,200	-1,200	29,600	19,600
Inventories
31,700	-27,900	20,600	1,900	35,500	-35,100	10,400	27,800	23,000	-8,900	600	-500	4,400	-5,200	-1,900	-2,900	10,600	-7,100	3,800	-3,600	3,100	-22,300	10,100	9,600	30,200	-43,800	-1,800	-3,300	40,300	-32,600	-14,100	-32,600	26,100	-21,400	42,600	8,200	38,500	-10,400	13,800	13,100	20,600
Accounts payable
-3,800	14,400	500	9,600	3,500	6,600	-16,400	23,500	10,500	-5,500	-4,400	-2,700	10,100	21,000	4,000	-4,100	11,100	-2,400	-6,500	-600	16,800	-41,300	-1,700	6,800	13,500	-2,600	-30,300	-11,200	48,300	-15,300	-7,700	200	11,100	-2,200	8,200	1,200	45,400	-4,700	4,600	9,500	26,100
All other items, net
-19,500	10,500	14,200	6,800	-14,300	-31,700	37,300	29,900	-7,300	-7,700	700	23,900	-33,200	9,900	5,300	900	-35,700	-71,100	41,100	28,800	24,700	-120,200	61,100	35,700	9,800	1,000	44,400	20,800	-65,900	26,700	22,400	9,200	-41,800	39,100	39,200	16,100	-47,600	-	-	-	-
Other accruals and non-cash items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-55,700
Net cash provided by (used for) operating activities
54,600	123,700	123,500	73,900	71,000	108,000	115,000	30,000	89,000	51,700	127,000	104,600	35,900	59,900	70,800	62,500	74,300	39,600	80,000	73,200	-382,600	-58,900	-450,100	67,000	-1,253,300	173,300	172,300	120,200	50,100	161,200	172,700	139,100	-19,400	164,700	127,000	108,100	-180,400	159,800	82,800	88,900	-5,600
INVESTING ACTIVITIES
Cash paid for capital expenditures
57,100	51,500	41,100	63,300	38,200	54,600	70,900	40,700	50,100	39,600	26,500	28,100	31,000	27,500	32,100	22,900	34,400	32,600	29,000	24,200	33,000	10,600	40,200	41,400	40,100	38,300	44,200	35,400	38,300	34,900	37,200	29,100	37,300	46,900	39,400	34,300	23,400	42,100	26,800	24,300	17,900
Transfer (to) from restricted cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,300	0	0	-395,400	210,200	16,700	-33,100	4,000	37,000	20,400	700	3,000	11,100	13,300	13,800	600	16,700	-400	4,500	77,000
Other investing activities, net
16,600	-11,200	1,400	-4,900	7,900	-2,000	-1,100	-11,100	-1,600	400	400	-200	-100	-6,700	800	900	-300	-8,900	1,900	200	0	1,900	-7,300	-1,000	2,600	4,700	-1,900	-2,300	0	-	-	-	-	-900	-900	-6,000	100	-	-	-	-
Net cash provided by (used for) investing activities
-73,700	-40,300	-42,500	-81,200	-46,100	-52,600	-66,900	-450,500	-48,500	-40,000	-30,400	-27,900	-30,900	-19,800	-32,900	-257,600	-34,100	-23,700	-30,900	-24,400	-33,000	-17,800	-32,900	-40,400	352,700	-265,400	-57,200	-515,800	-42,300	-112,600	-97,800	-29,600	-40,300	-47,100	-107,600	-42,100	-24,100	-93,500	-26,400	-28,300	-94,900
FINANCING ACTIVITIES
Borrowings under credit arrangements
4,200	2,700	3,400	4,700	2,200	25,100	15,700	974,600	8,600	8,100	7,500	59,900	38,900	18,800	4,600	6,900	9,100	13,700	500	17,000	261,200	-17,600	13,300	121,900	979,200	14,500	24,400	15,500	3,100	-	-	-	-	-	-	-	-	-	-	-	-
Repayments under credit arrangements
6,100	6,700	5,200	6,600	5,700	29,300	16,700	530,100	11,700	35,000	47,400	19,800	41,700	18,100	5,500	4,300	605,100	5,300	4,500	30,900	9,300	-14,100	87,800	119,000	543,200	23,400	10,400	14,800	20,800	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for debt financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	8,000	14,700	200	23,700	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for repurchases of common stock
40,400	0	0	25,000	4,800	19,900	10,300	14,800	35,000	0	35,000	20,000	10,000	140,000	20,000	20,100	15,000	81,400	111,400	53,100	55,600	135,100	100,700	173,200	60,500	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings (repayments) under credit arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,600	-1,900	900	-	11,100	2,100	-3,200	29,300	4,800	2,000	-7,200
Proceeds from exercise of stock options
0	0	1,100	8,800	9,200	0	300	5,600	800	1,600	2,600	6,200	6,000	3,700	4,100	5,400	3,800	2,000	3,100	8,100	13,700	5,800	5,100	4,800	7,700	3,500	5,700	18,900	6,300	6,500	7,900	5,800	12,000	1,800	4,900	3,500	1,900	2,500	1,100	2,500	4,300
Dividends paid to shareholders
20,500	18,000	18,000	18,200	18,400	16,100	16,100	16,200	16,200	14,300	14,300	14,400	14,300	11,900	12,100	12,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distribution from GCP
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	750,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities, net
-4,200	0	0	-600	-4,300	400	0	-1,900	-1,600	4,400	0	-3,500	-300	-100	300	-300	-2,400	-5,400	-1,000	-300	-1,600	-4,200	-900	-200	1,300	-37,000	4,300	1,000	800	-4,000	1,300	2,100	1,700	1,300	1,800	1,300	1,600	900	200	1,900	-800
Net cash provided by (used for) financing activities
-67,000	-22,000	-18,700	-36,900	-21,800	-6,700	-27,100	405,400	-55,100	-35,200	-86,400	8,200	-21,400	-	0	0	31,400	13,500	-200	-1,200	-9,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,400	-3,700
Net cash provided by (used for) financing activities from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-147,600	-28,600	-24,400	140,400	-76,400	-113,300	-58,800	208,000	-145,700	815,000	-165,900	360,800	-8,700	-9,700	20,600	-10,600	31,900	57,800	6,000	14,600	14,700	17,800	6,900	300	-	-	-	-
Increase (decrease) in cash and cash equivalents from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-113,200	10,100	-220,200	183,200	-58,800	-66,100	-9,400	-209,700	-217,700	324,100	-139,000	-541,900	-89,900	112,300	-377,400	-17,100	85,700	139,800	103,200	-40,100	124,500	29,100	75,300	-196,300	-	-	-	-
Cash flows from discontinued operations
Net cash provided by (used for) operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	23,900	54,200	83,000	56,300	9,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used for) investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-9,500	-6,600	-9,300	-8,900	-7,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of currency exchange rate changes on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-1,000	-3,500	-43,200	3,300	-13,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in cash and cash equivalents from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	44,800	57,600	30,300	49,500	-21,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Effect of currency exchange rate changes on cash, cash equivalents, and restricted cash
-3,100	-	-3,300	300	-300	-	-500	-3,400	2,400	-	3,700	1,300	2,200	-5,700	800	-700	2,600	1,700	-1,900	600	-2,100	4,700	-7,900	300	-2,100	10,900	6,900	-2,400	-14,300	5,200	7,100	-12,300	5,000	-7,800	-8,100	2,400	7,900	-2,600	15,200	-8,300	-5,900
Net increase (decrease) in cash, cash equivalents, and restricted cash
-89,200	64,000	59,000	-43,900	2,800	47,700	20,500	-18,500	-12,200	-23,000	13,900	86,200	-14,200	-113,200	10,100	-220,200	228,000	-1,200	-35,800	40,100	-230,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	58,700	-110,100
Supplemental disclosure of cash flow information
Interest Paid, Excluding Capitalized Interest, Operating Activities
4,000	-	-	-	5,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital expenditures in accounts payable
29,700	10,400	4,600	-9,500	44,300	-5,800	-1,900	9,100	29,600	21,200	2,400	-3,400	21,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Expenditures for other investing activities included in accounts payable
10,400	-	-	-	13,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net share settled stock option exercises
-	-	-	-	-	-	-	-	-	-	-	-	1,200	100	300	100	10,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-