HILL-ROM HOLDINGS, INC. HRC Cash Flow

Hill-rom holdings, inc. (HRC)

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
Operating Activities
Net income
147,200	149,800	152,200	214,700	227,300	0	252,400	231,100	191,600	197,100	132,300	114,600	153,900	142,000	122,800	61,300	35,000	39,000	46,800	81,500	88,900	59,500	60,600	71,300	68,600	94,200	105,000	108,900	108,900	111,900	120,800	145,100	123,200	131,000	133,500	120,800	150,100	141,500	126,000	0	0	0
Adjustments to reconcile net income to net cash, cash equivalents and restricted cash provided by operating activities:
Depreciation and Amortization of PP&E and Software
70,100	70,900	72,400	77,300	80,900	84,800	89,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	104,100	101,800	100,700	99,700	0	0	0
Depreciation
-	-	-	-	-	-	-	-	-	-	-	0	0	83,400	-	92,400	85,600	79,900	73,600	69,000	66,700	65,800	65,400	66,600	67,900	69,000	71,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization
-	-	-	-	-	-	-	-	-	-	-	0	0	27,600	-	15,100	13,500	11,900	10,500	10,900	10,700	11,100	12,200	13,700	15,500	17,100	17,900	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition-related intangible asset amortization
123,200	123,400	122,400	108,700	106,200	105,900	106,900	108,700	110,000	109,600	108,400	104,000	100,000	97,200	95,900	82,800	66,400	50,200	34,100	31,300	30,700	30,000	28,800	27,700	27,600	27,400	27,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of Debt Issuance Costs and Discounts
6,000	6,500	7,100	7,000	6,900	7,200	7,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Extinguishment of Debt
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Benefit for deferred income taxes
-19,000	-18,300	-18,800	-7,600	-3,800	-2,800	-84,800	-98,900	-107,400	-113,100	-32,800	-15,900	-30,000	-28,900	-500	-17,900	-1,200	-300	-22,300	-13,000	-8,800	10,800	3,900	5,700	1,100	-17,000	-14,800	-38,300	-37,700	-33,100	-32,300	-33,200	-24,200	-23,500	-21,500	35,700	28,300	25,000	21,200	0	0	0
Loss (Gain) on disposal of property, equipment, intangible assets, and impairments
-4,800	-3,800	-3,400	-4,900	-3,100	-4,000	-2,700	-2,300	-27,100	-23,700	-24,700	-24,000	2,600	-1,600	-1,900	-1,900	-2,200	-1,500	-500	100	800	-7,100	-7,200	-8,400	-9,000	-1,000	-1,500	-800	-600	-6,800	-8,100	-10,700	-10,100	-2,800	-1,300	7,000	10,100	8,000	7,300	0	0	0
Loss on disposition of business
-	-	-	-	-	-	-23,000	-22,400	-22,400	1,000	1,000	11,100	11,100	11,100	10,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock compensation
36,500	37,200	34,400	33,400	29,200	27,300	28,100	27,100	26,600	24,200	23,000	22,500	23,200	23,200	23,100	29,100	27,200	25,300	25,000	18,800	18,900	19,100	18,000	15,400	14,900	13,800	13,500	13,900	12,800	12,400	11,600	12,000	11,900	12,100	12,200	12,200	11,500	11,000	12,000	0	0	0
Excess tax benefits from employee stock plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,600	3,200	3,300	3,600	3,600	1,900	1,700	1,500	-300	-600	-600	-600	300	400	700	700	1,300	1,300	3,600	3,900	6,800	0	0	0	-	-	-	-
Change in working capital excluding cash, current debt, acquisitions and dispositions:
Trade accounts receivable
74,100	55,900	62,300	12,900	29,400	8,900	7,700	39,000	25,500	11,700	45,800	35,600	19,300	11,900	15,800	10,900	33,400	44,200	39,700	8,000	-23,900	-17,700	-17,100	-29,200	-13,300	-46,800	-30,800	-5,500	-18,800	-4,800	-20,100	-8,700	-22,400	-8,400	24,700	13,600	23,400	9,500	7,000	0	0	0
Inventories
1,100	3,100	900	-3,800	-8,800	13,200	18,700	47,800	54,100	34,300	22,200	-7,700	-12,200	-2,900	-21,300	-26,200	-26,900	-24,100	-11,000	-6,900	-4,300	-15,700	-9,100	-3,300	-13,100	-1,900	-8,400	-9,700	-1,000	-6,800	-4,400	-13,900	-21,600	-20,800	-14,700	2,400	10,100	18,300	16,200	0	0	0
Other current assets
11,600	9,100	-15,700	-5,700	-12,200	15,200	29,400	36,700	25,700	5,100	-15,000	-24,400	-23,700	-39,100	-27,700	-13,900	-1,900	1,000	7,700	3,500	4,100	8,800	2,600	8,300	0	-1,200	6,500	-9,200	-13,300	300	-20,900	-17,900	900	-19,600	-14,400	19,300	0	21,800	37,500	0	0	0
Trade accounts payable
26,100	10,100	13,200	6,100	14,600	24,300	12,500	18,000	18,600	11,500	21,600	15,800	8,800	15,700	-500	3,500	2,300	-7,100	700	-1,700	4,900	600	7,000	5,800	-7,900	-7,000	100	-3,000	-1,100	-500	300	-9,800	-15,000	-6,900	-18,000	-11,000	-5,800	-3,800	-2,400	0	0	0
Accrued expenses and other liabilities
28,600	12,100	29,500	12,600	-19,500	-19,800	-1,000	-1,400	-13,100	-10,100	-32,300	-23,900	-25,100	-53,100	-73,000	-25,500	-39,700	18,300	53,800	10,900	-7,300	-16,500	-12,500	-21,400	-11,700	-18,900	-200	8,700	14,700	29,500	-6,100	3,900	-5,800	-2,500	10,000	1,300	2,600	-11,100	12,500	0	0	0
Other assets and liabilities
-	-12,100	-	-	-	12,200	-12,900	-29,000	-31,600	-33,500	-10,200	-6,400	200	-100	1,900	-16,500	-21,200	-25,400	-21,500	600	6,800	11,600	4,200	-11,700	-16,400	-10,600	-8,900	-7,200	-2,000	-7,400	-3,500	3,100	300	-6,000	-8,400	-21,000	-16,100	-6,900	-5,900	0	0	0
Increase (Decrease) in Other Noncurrent Assets and Liabilities, Net
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash, cash equivalents and restricted cash provided by operating activities
399,900	362,400	401,400	446,500	427,800	418,100	395,200	321,200	310,300	333,200	311,100	315,500	320,100	306,000	281,200	294,800	214,200	229,000	213,800	200,500	219,500	199,000	210,300	229,700	228,400	240,700	263,200	242,000	250,800	264,400	261,700	220,700	238,500	261,100	222,500	217,800	198,300	141,700	139,800	0	0	0
Investing Activities
Purchases of property, plant, equipment and software
150,900	112,700	73,400	68,500	6,700	47,200	89,500	95,600	101,600	102,400	97,500	96,400	84,200	88,000	83,300	79,400	87,400	94,100	121,300	120,900	111,600	90,800	62,700	60,000	62,300	65,600	65,300	71,600	72,900	75,700	77,800	72,800	77,300	75,000	68,900	72,800	68,100	65,600	64,700	0	0	0
Proceeds on sale of property and equipment
1,200	3,300	2,900	2,700	3,600	2,700	4,200	5,400	8,200	12,600	15,100	14,400	12,400	6,000	2,200	1,800	1,000	1,300	1,500	1,800	2,000	2,400	2,400	2,400	2,400	3,500	5,900	8,800	9,000	10,400	10,600	7,800	8,000	6,900	5,900	6,100	5,800	4,500	2,500	0	0	0
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	239,500	12,500	14,100	1,100	0	402,800	400,000	477,000	476,800	0	0	0	-	-	-	-	7,300	0	0	0
Payments to Acquire Intangible Assets
34,200	34,200	17,100	17,100	-17,100	-17,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Investments
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments to Acquire Other Investments
-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds on sale of business
-	-	-	-	-	-	1,000	2,300	2,300	2,300	5,800	14,300	14,800	14,800	10,300	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Refund on acquisition of businesses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
-2,100	-2,100	-2,000	300	-2,700	-2,200	-1,900	-2,900	2,000	1,500	1,400	2,100	4,400	1,900	1,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	500	12,500	26,500	31,000	31,300	0	0	0
Net cash, cash equivalents and restricted cash used in investing activities
-235,100	-214,300	-249,000	-285,600	-106,500	-115,800	-82,400	-85,000	-90,200	-400,400	-389,400	-406,500	-401,000	-94,400	-97,700	-1,712,300	-1,713,100	-1,729,400	-1,756,400	-348,600	-341,600	-325,900	-294,500	-64,300	-68,600	-57,800	-58,600	-462,800	-460,300	-537,800	-539,500	-152,900	-160,600	-83,300	-78,000	-54,400	-36,000	-30,300	-38,200	0	0	0
Financing Activities
Proceeds from borrowings on long-term debt
-	-	-	-	-	-	-	-	-	-	300,000	0	0	0	-	-	-	-	-	-	-	-	800	600	600	600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payment of long-term debt
1,013,300	1,025,900	1,038,500	213,700	296,200	323,600	351,000	155,700	91,500	82,300	73,200	712,900	725,400	751,700	767,900	500,000	473,100	432,300	401,600	15,300	14,000	12,700	11,400	9,700	9,800	9,800	10,100	10,500	7,900	5,500	50,000	47,500	47,400	47,300	0	0	0	0	-	-	-	-
Borrowings on Revolving Credit Facility
120,000	320,000	420,000	330,000	110,000	95,000	75,000	147,000	202,000	165,000	180,000	244,900	189,900	201,900	156,900	20,000	20,000	0	95,000	312,000	306,000	340,000	252,000	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments on Revolving Credit Facility
150,000	260,000	340,000	230,000	175,000	110,000	165,000	242,000	360,000	370,000	325,800	248,800	80,800	55,800	20,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,000	0	0	0
Borrowings on Securitization Facility
13,800	5,100	5,500	8,300	25,100	41,100	71,600	91,400	175,900	155,400	124,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on Securitization Facility
-17,100	-2,400	5,500	5,500	8,300	24,500	40,700	71,600	82,700	62,000	45,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal Amount Outstanding on Loans Securitized or Asset-backed Financing Arrangement
64,000	72,500	68,900	107,400	159,900	130,200	122,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on Note Securitization Facility
13,100	48,200	62,700	101,300	78,400	51,900	50,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Senior Debt
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash dividends
56,700	56,200	55,400	54,800	54,100	53,200	51,800	50,200	48,800	47,400	46,600	46,000	45,200	44,500	43,800	43,000	40,900	38,900	37,100	35,500	35,200	34,900	34,200	33,500	32,900	31,600	31,200	30,700	30,400	30,600	30,100	29,500	28,800	27,500	27,000	26,400	25,800	25,900	25,800	0	0	0
Proceeds on exercise of stock options
11,600	13,600	14,500	35,600	38,100	36,600	40,000	13,900	13,700	23,300	17,800	19,900	18,600	8,000	6,200	5,700	5,200	8,100	12,100	11,500	13,200	9,700	11,500	11,800	10,000	11,600	7,600	7,500	8,900	8,100	7,700	7,300	23,800	26,100	43,100	49,800	43,100	41,800	22,900	0	0	0
Payment, Tax Withholding, Share-based Payment Arrangement
16,500	16,300	4,700	10,900	13,700	14,100	14,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Repurchase of Common Stock
0	0	-	-	-	-	0	15,700	16,400	16,500	50,000	39,200	38,800	39,100	8,400	9,400	9,400	9,200	63,300	57,600	57,300	86,600	71,800	95,700	121,600	115,700	94,000	112,300	86,400	62,900	44,200	47,100	75,500	88,200	115,300	104,600	77,500	64,900	36,900	0	0	0
Proceeds from Sale of Treasury Stock
-	0	-	-	-	-	-	-	-	-	5,000	4,600	4,500	4,000	3,800	3,400	3,100	2,900	2,800	2,800	2,500	2,500	2,500	2,200	2,500	2,500	2,500	2,800	2,600	2,700	2,900	3,000	3,000	3,000	2,900	2,800	2,800	2,700	2,600	0	0	0
Proceeds from (Payments for) Other Financing Activities
-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash, cash equivalents and restricted cash used in financing activities
-54,600	-128,000	304,700	-202,500	-360,900	-343,100	-356,600	-233,300	-216,900	52,700	70,600	132,100	149,100	-146,500	-141,900	1,497,100	1,541,000	1,566,700	1,642,700	172,300	131,000	133,500	63,800	-146,600	-127,600	-172,700	-161,500	92,900	123,100	164,300	135,600	-124,300	-134,300	-143,300	-101,900	-85,100	-66,300	-53,100	-87,400	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-6,700	100	-6,300	-2,300	-12,400	-8,700	-5,000	400	17,100	16,500	7,300	2,500	-7,100	-7,800	-2,200	-3,400	1,000	-5,600	-6,600	-12,700	-14,700	-10,500	-7,700	0	0	0	-	-800	-1,000	2,800	1,900	-6,000	-4,100	-3,000	-2,500	8,100	4,000	300	-300	0	0	0
Net Cash Flows
103,500	20,200	450,800	-43,900	-52,000	-49,500	-48,800	3,300	20,300	2,000	-400	43,600	61,100	57,300	39,400	76,200	43,100	60,700	93,500	11,500	-5,800	-3,900	-28,100	20,600	33,000	10,000	43,100	-128,700	-87,400	-106,300	-140,300	-62,500	-60,500	31,500	40,100	86,400	100,000	58,600	13,900	0	0	0
Excess Tax Benefit from Share-based Compensation, Financing Activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,600	3,200	3,300	3,600	3,600	1,900	1,700	1,500	-300	-600	-600	-600	300	400	700	700	1,300	1,300	3,600	3,900	6,800	0	0	0	-	-	-	-
Restricted Stock or Unit Expense
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for Repurchase of Redeemable Noncontrolling Interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	700	1,000	1,300	1,900	1,600	1,600	1,600	1,300	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,600	1,900	11,800	0	0	0	-	-	-	-
Net change in short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-700	-700	-700	-800	-200	-100	-200	-100	0	-100	-200	-4,000	-7,800	-10,000	-11,200	-11,200	-400	-900	-700	1,300	-4,100	0	0	0
Senior Unsecured 5.75% Notes due on September 1, 2023 [Member]
Gain (Loss) on Extinguishment of Debt
-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment for Debt Extinguishment or Debt Prepayment Cost
-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Treasury Stock [Member]
Payment, Tax Withholding, Share-based Payment Arrangement
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock repurchases for stock award withholding obligations
-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-