W.W. Grainger, Inc. GWW Cash Flow

W.w. grainger, inc. (GWW)

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	Jun'09	Mar'09
CASH FLOWS FROM OPERATING ACTIVITIES:
Net earnings
818,000	895,000	997,000	868,000	844,000	823,000	766,372	822,188	681,147	623,000	529,130	551,723	624,209	633,000	713,669	716,882	762,672	785,174	787,117	823,545	807,387	812,296	820,575	800,601	812,277	807,749	806,842	751,570	723,918	698,849	692,071	718,314	696,782	666,412	647,905	615,155	573,253	513,582	477,745	471,012	433,811	430,772	0	0	0
Provision for credit losses
14,000	12,000	7,000	9,000	7,000	7,000	7,813	7,231	16,082	16,000	16,434	20,487	16,464	16,000	18,518	13,833	11,077	10,181	11,882	12,793	13,090	12,945	10,559	9,854	9,772	8,855	8,675	8,859	8,369	9,504	6,346	6,159	6,080	4,761	5,825	6,311	4,661	6,718	5,495	5,948	10,035	10,748	0	0	0
Deferred income taxes and tax uncertainties
1,000	4,000	16,000	16,000	5,000	7,000	20,261	5,339	632	-5,000	-45,520	-17,904	-34,667	-6,000	35,241	6,646	23,379	4,076	-17,741	-2,132	-9,329	-13,732	0	0	0	-	-	-	11,165	12,343	11,414	12,187	6,538	-1,666	24,967	1,287	-3,468	5,553	-56,993	-12,992	-10,949	-21,683	0	0	0
Depreciation and amortization
217,000	229,000	236,000	242,000	250,000	257,000	261,662	263,805	265,751	264,000	265,943	263,699	254,955	249,000	241,162	234,526	231,850	227,967	224,775	221,467	214,961	208,326	0	0	0	-	-	166,420	161,315	159,049	158,965	156,598	153,308	149,200	144,028	143,821	146,400	149,678	152,661	150,927	149,747	147,531	0	0	0
Impairment of goodwill, intangibles and long-lived assets
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net (gains) losses from sales of assets and business divestitures
1,000	6,000	-11,000	-3,000	2,000	6,000	-13,163	-1,463	-32,966	-28,000	9,235	-9,101	22,501	19,000	13,454	12,748	4,700	-2,765	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
44,000	40,000	43,000	42,000	40,000	47,000	41,848	40,970	38,243	33,000	35,607	34,895	35,301	36,000	38,779	40,953	45,156	46,861	45,800	47,087	46,931	49,032	50,421	53,206	55,305	55,590	56,713	56,299	55,604	55,500	55,297	55,180	54,578	54,020	53,167	53,245	51,547	49,796	47,092	44,424	42,927	43,301	0	0	0
Losses from equity method investment
-	-	-	-	-	-	0	0	0	-	-33,983	-33,680	-32,986	-31,000	-23,614	-19,253	-18,128	-11,740	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subtotal
575,000	402,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in operating assets and liabilities:
Accounts receivable
157,000	42,000	26,000	49,000	87,000	79,000	129,369	114,156	101,581	103,000	67,709	84,450	56,984	46,000	57,223	50,893	36,552	3,085	29,292	74,592	94,872	122,580	159,469	69,152	103,338	126,465	44,964	73,192	61,117	45,953	77,414	106,450	126,091	85,083	112,709	135,301	236,397	127,790	174,403	90,358	-89,080	-2,794	0	0	0
Inventories
107,000	106,000	58,000	72,000	112,000	129,000	92,851	79,936	29,826	5,000	11,087	-17,203	-12,995	4,000	8,426	55,079	24,098	37,737	60,061	52,871	125,859	92,443	88,348	94,904	53,150	23,636	-17,969	-37,981	-8,405	14,872	152,037	217,255	199,047	219,680	105,612	106,448	19,813	80,545	-339,222	-324,210	-178,009	-175,286	0	0	0
Prepaid expenses and other assets
29,000	33,000	4,000	-1,000	-1,000	2,000	13,794	5,768	12,057	5,000	-11,316	-911	11,313	-19,000	8,592	-2,716	14,275	-15,788	14,362	13,011	-3,319	24,550	5,747	19,106	4,653	-16,873	-1,988	192	16,558	-8,346	683	-14,996	7,993	24,228	21,718	25,719	-47,843	8,806	-49,826	-30,420	11,638	11,180	0	0	0
Trade accounts payable
123,000	32,000	-5,000	44,000	0	-51,000	19,283	40,183	66,949	72,000	93,123	66,479	60,224	73,000	40,598	95,612	61,283	23,130	56,687	23	38,190	32,019	63,849	42,498	48,949	71,118	-12,930	-16,091	-17,093	-54,314	-12,455	30,168	43,589	86,395	-2,061	38,363	38,739	36,219	113,801	72,372	29,991	-16,736	0	0	0
Accrued liabilities
87,000	-84,000	-83,000	-109,000	-86,000	18,000	47,357	71,989	74,171	113,000	94,013	89,267	36,381	-4,000	10,480	32,766	31,586	-24,101	-48,371	-32,500	-4,930	8,693	-73	-169	-10,137	-707	-101,333	-41,176	-10,268	-58,673	64,671	-16,039	21,302	50,718	23,766	10,620	-13,077	49,576	67,862	69,992	35,191	-52,944	0	0	0
Income taxes - net
-129,000	-3,000	-19,000	1,000	56,000	36,000	24,985	25,640	-25,227	4,000	23,729	3,728	36,470	-4,000	-5,222	6,422	-23,193	6,943	-3,444	-3,935	-31,004	-1,487	-6,648	-564	35,512	-4,813	9,784	-590	-15,589	-9,349	-5,778	-1,860	26,837	16,827	-758	10,950	10,890	-1,503	12,498	-3,579	3,340	2,472	0	0	0
Other non-current liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current liabilities
-	-	-	-	-	-27,000	-23,306	-22,655	-14,520	-6,000	6,715	7,778	9,197	8,000	-24,531	-28,075	-29,694	-27,721	28,171	32,546	36,146	35,027	5,174	8,496	5,429	9,872	48,272	51,997	29,169	45,795	35,146	29,347	60,700	45,680	16,365	22,974	17,606	18,128	25,460	23,723	29,332	22,080	0	0	0
Subtotal
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other – net
-	-	-	-	-	-	-	-	-	-	-9,053	-4,488	1,408	10,000	15,510	13,117	12,082	5,872	346	4,931	3,214	1,421	-249	-2,062	-1,050	3,361	-502	-1,084	856	-2,416	4,429	2,500	2,034	1,010	-2,386	4,522	4,349	3,055	6,116	-1,834	-2,590	-3,932	0	0	0
Net cash provided by operating activities
1,159,000	1,042,000	1,084,000	1,112,000	1,037,000	1,057,000	1,079,122	1,079,822	1,023,054	1,057,000	1,055,954	1,053,085	1,044,309	1,024,000	989,103	1,009,697	1,040,537	1,036,109	1,032,911	1,000,853	948,505	959,814	908,903	928,141	977,599	986,498	980,514	964,798	886,374	816,195	762,246	674,859	733,955	746,108	664,445	619,630	601,645	596,445	714,628	786,070	803,071	732,396	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Additions to property, buildings, equipment and intangibles
211,000	221,000	233,000	243,000	250,000	239,000	214,817	208,853	207,232	237,000	261,561	309,430	310,971	284,000	334,293	308,712	326,176	373,868	400,391	402,053	421,215	387,390	363,980	345,180	294,847	272,145	243,058	236,657	252,186	249,860	220,801	208,477	204,549	196,942	193,561	185,025	146,334	127,124	119,129	117,452	127,826	142,414	0	0	0
Proceeds from sales of assets
11,000	17,000	26,000	57,000	66,000	86,000	85,579	93,242	97,694	120,000	117,332	81,639	89,489	55,000	50,595	47,857	21,341	14,857	30,044	31,458	33,626	26,755	32,109	29,589	25,590	26,701	7,149	7,108	9,501	8,530	4,849	6,185	3,244	7,278	0	0	0	-	-	-	-	-	-	-	-
Equity method proceeds (investment)
-	-	-	-	-	13,000	24,570	35,700	35,933	35,000	37,131	36,960	33,868	34,000	23,994	20,532	27,581	20,382	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for business acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	123,093	0	0	0
Other
0	-	-	-	0	-	-	-	-	-	-	-	-	-1,000	-108	-436	-308	-466	-268	-6,723	5,781	-7,290	-6,908	168	-13,044	68	118	-519	273	-482	-14,235	-13,376	-14,116	-13,892	-65,270	-55,154	-23,043	-13,529	0	0	0	-	-	-	-
Net cash used in investing activities
-202,000	-202,000	-206,000	-183,000	-187,000	-166,000	-151,362	-145,165	-139,471	-146,000	-176,242	-263,300	-254,144	-262,000	-308,713	-746,496	-796,539	-843,358	-869,175	-422,860	-424,083	-384,058	-361,524	-442,241	-410,128	-399,427	-404,411	-277,736	-307,766	-305,656	-237,049	-571,957	-546,485	-535,068	-524,739	-180,983	-174,219	-169,159	-302,176	-280,940	-257,071	-262,563	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Net decrease in commercial paper
-	-	-	-	-	-	-	-	-314,946	-370,000	-369,635	-249,729	-139,699	40,000	187,887	349,855	349,645	325,000	0	0	0	-	-	-	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings under lines of credit
19,000	20,000	24,000	23,000	26,000	26,000	64,069	65,626	74,117	74,000	43,250	47,873	33,855	36,000	33,419	46,429	52,418	54,770	80,737	90,877	96,280	108,721	98,524	84,079	135,459	144,805	189,951	193,669	162,322	161,160	137,828	151,283	173,032	218,885	185,475	163,735	103,174	35,297	31,539	55,196	57,399	46,125	0	0	0
Payments against lines of credit
53,000	15,000	21,000	25,000	18,000	31,000	31,295	46,964	53,833	43,000	44,190	35,730	35,107	37,000	45,310	51,216	61,286	78,559	90,446	99,292	117,297	117,277	118,888	104,648	142,764	154,450	195,547	250,549	211,651	205,006	173,030	128,432	149,801	194,325	171,422	156,750	95,183	29,799	23,504	50,602	55,208	43,583	0	0	0
Proceeds from Issuance of Long-term Debt
0	-	-	-	0	-	-	-	-	401,000	423,962	538,388	519,672	516,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	300,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments of long-term debt
373,000	42,000	55,000	94,000	85,000	96,000	112,188	67,201	57,765	39,000	21,703	140,818	144,221	263,000	276,009	157,189	175,992	52,838	0	0	0	-	-	-	18,738	16,681	0	0	0	-	-	-	-	179,296	83,985	233,015	238,162	239,122	236,307	39,462	27,189	18,856	0	0	0
Proceeds from stock options exercised
65,000	49,000	21,000	110,000	125,000	181,000	198,745	106,936	79,655	47,000	31,702	34,873	55,139	34,000	36,750	51,527	61,208	60,885	60,806	52,312	43,292	48,579	44,361	53,086	56,121	69,412	84,330	81,166	65,304	72,084	85,766	85,471	100,705	84,337	71,040	78,342	68,526	86,528	99,550	115,801	117,351	91,165	0	0	0
Payments for employee taxes withheld from stock awards
0	-	0	0	0	-	0	0	31,375	-	20,005	21,015	25,719	21,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for employee taxes withheld from stock awards
-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	15,011	20,217	40,521	27,553	28,745	28,701	31,284	33,772	36,107	40,471	54,141	59,984	67,027	64,073	52,350	57,885	64,700	65,646	64,188	52,098	37,976	33,287	22,552	25,650	25,691	27,935	27,426	19,030	0	0	0
Purchases of treasury stock
665,000	700,000	742,000	624,000	387,000	425,000	452,017	492,438	618,854	605,000	612,785	690,915	777,099	790,000	836,028	1,370,123	1,422,126	1,400,071	1,384,941	731,868	524,559	525,120	476,274	471,920	519,229	438,473	323,693	331,951	348,572	340,532	346,158	311,294	162,168	151,082	101,810	299,069	549,110	504,803	749,406	501,534	251,395	372,727	0	0	0
Cash dividends paid
330,000	328,000	326,000	324,000	320,000	316,000	310,496	307,363	303,882	304,000	307,373	307,157	302,486	303,000	296,657	300,048	305,713	306,474	307,078	304,416	300,106	291,395	282,043	272,802	263,602	255,466	246,767	238,265	229,606	220,077	209,806	200,105	189,210	180,527	170,929	163,493	156,597	152,338	148,763	144,138	138,144	134,684	0	0	0
Other - net
3,000	4,000	2,000	2,000	4,000	3,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used in) financing activities
153,000	-1,023,000	-1,108,000	-925,000	-745,000	-670,000	-684,908	-893,516	-829,800	-867,000	-876,650	-822,000	-820,952	-776,000	-663,798	-768,870	-207,008	-108,756	-190,841	-59,265	-632,562	-758,123	-753,058	-638,111	-658,612	-590,869	-440,456	-436,069	-436,805	-394,436	-467,699	-300,347	-159,461	-177,446	-61,191	-376,963	-644,800	-578,587	-801,200	-536,804	-269,760	-413,530	0	0	0
Exchange rate effect on cash and cash equivalents
-10,000	5,000	-1,000	-2,000	-15,000	-10,000	-10,281	-3,060	9,562	9,000	-4,478	-8,727	-10,328	-2,000	11,238	1,880	-511	-20,503	-34,478	-30,649	-23,997	-21,633	-14,582	-4,823	-18,811	-17,621	-16,455	-11,998	4,958	469	2,642	-18,514	-23,950	-11,557	-4,360	15,964	3,601	4,884	3,221	3,440	14,659	7,278	0	0	0
NET CHANGE IN CASH AND CASH EQUIVALENTS
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CHANGE IN CASH AND CASH EQUIVALENTS:
-	-	-	-	-	211,000	232,571	38,081	63,345	53,000	-1,416	-40,942	-41,115	-16,000	27,830	-503,789	36,479	63,492	-61,583	488,079	-132,137	-204,000	-220,261	-157,034	-109,952	-21,419	119,192	238,995	146,761	116,572	60,140	-215,959	4,059	22,037	74,155	77,648	-213,773	-146,417	-385,527	-28,234	290,899	63,581	0	0	0