Hilton Worldwide Holdings Inc. HLT Cash Flow

Hilton worldwide holdings inc. (HLT)

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
Operating Activities:
Net income
18,000	176,000	290,000	261,000	159,000	225,000	164,000	217,000	163,000	730,000	160,000	151,000	48,000	-392,000	192,000	244,000	310,000	816,000	283,000	167,000	150,000	159,000	187,000	212,000	124,000	62,000	203,000	157,000	38,000
Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of contract acquisition costs
8,000	8,000	7,000	7,000	7,000	7,000	6,000	7,000	7,000	5,000	4,000	5,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization from continuing and discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	1,182,000	-849,000	171,000	169,000	-	-	-	-	-	-	-	-	-	-	-	-
Impairment losses
112,000	-	-	-	0	-	-	-	-	-	-	-	-	-	0	0	15,000	-	0	0	0	-	-	-	-	-	-	-	-
Depreciation and amortization
91,000	90,000	86,000	86,000	84,000	83,000	81,000	79,000	82,000	84,000	83,000	83,000	86,000	-	-	-	92,000	-	171,000	173,000	175,000	-	159,000	158,000	153,000	148,000	146,000	149,000	160,000
Gain on sale of assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	164,000	-3,000	145,000	-	0	0	0	-	-	-	-
Equity in earnings from unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,000	9,000	4,000	-	4,000	8,000	4,000	5,000	3,000	7,000	1,000
Gain on foreign currency transactions
9,000	-6,000	7,000	-3,000	0	-4,000	-6,000	-12,000	11,000	0	2,000	5,000	-4,000	-	-	-	-12,000	-	-8,000	5,000	-18,000	-	-5,000	32,000	14,000	-2,000	39,000	-39,000	-43,000
Share-based compensation
-12,000	-	-	-	34,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt extinguishment
-	-	-	-	-	-	-	-	-	0	0	0	-60,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other loss (gain), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	18,000	-25,000	-	24,000	11,000	3,000	2,000	-1,000	-1,000	7,000
Share-based compensation
-	-	-	-	-	24,000	35,000	40,000	28,000	30,000	32,000	34,000	25,000	41,000	23,000	16,000	11,000	10,000	14,000	81,000	19,000	21,000	16,000	22,000	19,000	257,000	2,000	1,000	2,000
Distributions from unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	2,000	8,000	12,000	2,000	9,000	9,000	2,000	9,000	8,000	3,000	7,000
Deferred income taxes
-37,000	-42,000	21,000	27,000	-26,000	-43,000	68,000	-2,000	-37,000	-569,000	-37,000	-56,000	-67,000	62,000	-47,000	-68,000	-32,000	-513,000	24,000	-30,000	40,000	76,000	-20,000	10,000	-52,000	-1,000	41,000	18,000	7,000
Contract acquisition costs
-11,000	41,000	6,000	58,000	-15,000	21,000	44,000	24,000	14,000	24,000	19,000	19,000	13,000	20,000	17,000	9,000	9,000	10,000	8,000	8,000	11,000	11,000	33,000	5,000	16,000	32,000	2,000	9,000	1,000
Change in restricted cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000	7,000	2,000	-	2,000	-10,000	11,000	-157,000	20,000	20,000	26,000
Working capital changes and other
-31,000	-182,000	180,000	-117,000	121,000	-55,000	66,000	-40,000	25,000	-30,000	30,000	101,000	-96,000	-76,000	-50,000	-39,000	-146,000	-136,000	19,000	-1,000	-2,000	2,000	61,000	-5,000	-67,000	-142,000	47,000	125,000	-51,000
Net cash provided by operating activities
129,000	202,000	532,000	286,000	364,000	341,000	382,000	289,000	243,000	254,000	251,000	294,000	50,000	341,000	295,000	335,000	339,000	455,000	343,000	362,000	286,000	408,000	387,000	365,000	147,000	1,077,000	386,000	466,000	172,000
Investing Activities:
Capital expenditures for property and equipment
12,000	15,000	20,000	23,000	23,000	21,000	23,000	18,000	10,000	22,000	18,000	9,000	9,000	90,000	58,000	85,000	84,000	96,000	55,000	71,000	88,000	84,000	74,000	67,000	43,000	87,000	46,000	64,000	57,000
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-8,000	0	112,000	1,298,000	0	0	0	0	-	-	-	-
Payments received on other financing receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	1,000	1,000	-	16,000	1,000	1,000	2,000	2,000	1,000	0
Issuance of other financing receivables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	4,000	2,000	-	0	0	1,000	2,000	1,000	0	7,000
Investments in affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	3,000	2,000	0	1,000	2,000	1,000
Distributions from unconsolidated affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,000	7,000	2,000	-	21,000	8,000	3,000	17,000	3,000	0	13,000
Proceeds from asset disposition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000	328,000	0	1,869,000	4,000	5,000	35,000	0	-	-	-	-
Capitalized software costs
17,000	45,000	35,000	25,000	19,000	25,000	24,000	23,000	15,000	30,000	16,000	20,000	9,000	25,000	21,000	24,000	11,000	24,000	15,000	15,000	8,000	24,000	13,000	17,000	15,000	28,000	24,000	15,000	11,000
Other
18,000	19,000	17,000	3,000	2,000	6,000	7,000	8,000	1,000	0	3,000	-1,000	19,000	-1,000	14,000	9,000	6,000	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-47,000	-76,000	48,000	-51,000	-44,000	-51,000	-5,000	-49,000	-26,000	-52,000	-30,000	-28,000	-37,000	-77,000	-110,000	-126,000	-110,000	-101,000	257,000	-207,000	465,000	-110,000	-79,000	-48,000	-73,000	-130,000	-69,000	-119,000	-64,000
Financing Activities:
Borrowings
1,690,000	405,000	0	1,420,000	375,000	0	26,000	1,650,000	0	1,000	0	0	1,823,000	3,715,000	1,000,000	0	0	-	-	-	-	-	-	-	-	13,386,000	251,000	419,000	32,000
Repayment of debt
205,000	220,000	10,000	981,000	336,000	304,000	29,000	658,000	14,000	12,000	12,000	12,000	1,824,000	3,265,000	1,030,000	32,000	32,000	282,000	381,000	251,000	710,000	349,000	292,000	564,000	219,000	15,601,000	650,000	818,000	134,000
Debt issuance costs and redemption premium
-	-	-	-	-	-	-	-	-	0	1,000	2,000	66,000	41,000	35,000	0	0	-	-	-	-	0	7,000	0	2,000	-	-	0	0
Change in restricted cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24,000	28,000	-57,000	-	-2,000	-7,000	-10,000	79,000	144,000	-56,000	26,000
Dividends paid
42,000	42,000	43,000	43,000	44,000	44,000	45,000	45,000	47,000	48,000	49,000	49,000	49,000	70,000	69,000	69,000	69,000	69,000	69,000	0	0	-	-	-	-	-	-	-	-
Cash transferred in spin-offs
-	-	-	-	-	-	-	-	-	-1,002,000	0	0	501,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
296,000	452,000	433,000	357,000	296,000	160,000	122,000	1,329,000	110,000	266,000	273,000	282,000	70,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation tax withholdings and other
47,000	-58,000	-3,000	-8,000	42,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	0	0	1,000	26,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	2,000	1,000	1,000	1,000	1,000	0	2,000	1,000
Tax withholdings on share-based compensation
-	-	-	-	-	-	-	-	40,000	-	0	0	28,000	2,000	0	0	13,000	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	8,000	-	0	0	0	-	-	-	-
Net cash provided by (used in) financing activities
1,100,000	-305,000	-485,000	20,000	-343,000	-510,000	-174,000	-405,000	-211,000	-328,000	-335,000	-345,000	-716,000	311,000	-136,000	-103,000	-116,000	-326,000	-475,000	-191,000	-761,000	-332,000	-302,000	-209,000	-232,000	-1,074,000	-255,000	-457,000	-77,000
Effect of exchange rate changes on cash, restricted cash and cash equivalents
-7,000	0	-4,000	2,000	0	4,000	-8,000	-13,000	7,000	0	1,000	2,000	5,000	-22,000	1,000	2,000	4,000	-2,000	-8,000	0	-9,000	-7,000	-8,000	2,000	-1,000	-3,000	1,000	-6,000	-9,000
Net increase (decrease) in cash, restricted cash and cash equivalents
1,175,000	-179,000	91,000	257,000	-23,000	-216,000	195,000	-178,000	13,000	-126,000	-113,000	-77,000	-698,000	553,000	50,000	108,000	117,000	26,000	117,000	-36,000	-19,000	-41,000	-2,000	110,000	-159,000	-130,000	63,000	-116,000	22,000
Supplemental Disclosures:
Interest
94,000	-	58,000	119,000	71,000	-	59,000	77,000	72,000	-	67,000	45,000	113,000	-	116,000	139,000	86,000	-	98,000	143,000	88,000	-	96,000	160,000	97,000	-	107,000	156,000	132,000
Income taxes, net of refunds
50,000	-	81,000	144,000	13,000	-	81,000	140,000	9,000	-	140,000	231,000	6,000	-	234,000	203,000	39,000	-	162,000	177,000	20,000	-	143,000	119,000	22,000	-	44,000	24,000	16,000
Conversion of Park's property and equipment to timeshare inventory of HGV (investing activities)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	57,000	0	22,000	-	0	0	0	-	-	-	-	-	-	-	-
Non-cash spin-offs of Park and HGV (financing activities)
-	-	-	-	-	-	-	-	-	-	13,000	0	17,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt assumed (financing activity)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	450,000	-	64,000	0	0	-	-	-	-