Hormel foods corporation (HRL)
CashFlow / TTM
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10Jan'10
Operating Activities
Net Earnings

980,582

979,148

985,078

996,004

950,890

1,012,582

969,449

941,647

915,011

847,103

872,930

886,155

890,653

890,517

833,770

784,950

750,001

687,264

671,669

663,727

623,998

606,026

592,663

567,554

553,489

530,076

505,877

504,379

506,673

504,961

489,170

476,727

458,494

479,196

483,309

469,709

437,542

399,776

0

0

0

Adjustments to Reconcile to Net Cash Provided by Operating Activities:
Depreciation

157,528

153,182

150,897

149,582

150,186

149,205

144,250

137,490

129,214

122,594

123,515

122,903

123,149

123,581

122,446

123,395

124,251

125,292

123,345

123,403

121,983

120,692

119,736

118,015

117,145

115,371

114,396

111,670

109,785

110,519

110,901

112,581

114,381

114,689

116,462

116,160

115,365

115,059

0

0

0

Amortization

16,992

12,027

12,053

12,753

12,523

12,653

11,692

10,440

9,611

8,383

8,054

8,485

8,334

8,387

8,481

8,220

8,228

8,142

8,592

8,684

9,060

9,352

9,262

9,358

9,621

9,479

9,457

9,278

8,738

8,975

8,964

9,010

9,402

9,476

9,938

10,241

10,573

10,532

0

0

0

Equity in Earnings of Affiliates

35,331

39,201

36,947

46,704

46,899

58,972

62,372

53,187

49,822

39,590

63,156

55,581

45,530

38,685

10,862

-6,427

-8,623

-13,438

-19,362

-4,031

1,678

-5,246

-5,150

-12,218

-18,636

-13,507

-22,085

-9,065

1,586

1,583

15,650

20,837

19,693

22,726

19,239

15,899

13,179

13,126

0

0

0

Distribution from Equity Method Investees

32,500

22,500

30,000

29,999

30,000

30,023

28,023

25,023

25,021

27,521

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Provision for Deferred Income Taxes

28,565

28,641

10,748

29,105

61,540

-7,441

-5,303

-23,656

-17,905

62,166

51,258

58,060

57,277

44,327

14,788

4,141

17,083

19,979

17,037

20,602

10,533

9,800

9,458

3,972

3,890

1,067

-1,524

5,195

2,474

4,668

1,895

9,146

2,859

6,752

33,184

22,355

28,280

29,429

0

0

0

(Gain) Loss on Property/Equipment Sales and Plant Facilities

1,284

811

2,583

1,025

1,286

2,867

2,291

2,347

8

-322

-1,225

-1,277

847

-80

-1,543

23

-3

5,240

7,051

6,152

6,415

1,667

2,697

2,730

2,262

2,127

616

-68

226

170

627

858

1,047

632

563

504

228

394

0

0

0

Non-cash Investment Activities

23,425

20,180

17,990

17,089

6,544

7,908

10,770

10,697

14,536

4,864

3,830

3,530

4,576

1,287

896

-1,034

-2,302

847

733

3,061

2,320

1,387

3,105

1,403

1,698

2,705

2,439

3,089

3,617

3,514

-1,111

-2,164

-2,579

-3,995

1,127

1,614

1,479

1,760

0

0

0

Stock-based Compensation Expense

21,059

19,707

19,646

22,718

21,202

20,595

19,380

15,121

15,690

15,591

15,605

15,512

17,907

17,829

17,548

17,346

17,355

15,717

15,963

15,998

14,960

14,393

13,857

16,634

16,977

17,596

18,948

17,487

16,046

16,710

16,600

16,116

15,229

17,229

17,354

17,458

17,280

14,402

0

0

0

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,001

48,646

40,136

22,950

21,025

25,422

23,552

24,700

22,290

15,306

14,256

23,406

20,950

22,351

20,179

8,847

8,442

9,584

12,739

15,205

16,645

14,223

11,182

10,298

0

0

0

Changes in Operating Assets and Liabilities, Net of Acquisitions:
Decrease (Increase) in Accounts Receivable

35,916

11,146

1,288

18,374

-2,766

-36,133

-32,291

-16,696

-3,405

29,717

10,141

-4,441

-6,460

-20,904

8,752

-52,326

-42,114

-22,451

-43,489

29,509

35,674

20,486

22,107

52,922

38,488

44,459

39,973

22,891

44,031

45,931

46,498

33,556

15,828

30,171

44,035

49,432

57,982

58,647

0

0

0

(Increase) Decrease in Inventories

107,857

123,843

149,430

60,800

17,939

8,293

-64,983

-29,726

-37,286

-41,028

24,584

26,021

28,355

12,281

67,517

41,746

-44,174

-82,437

-173,961

-151,326

30,982

21,645

70,472

51,957

-81,021

-31,699

27,534

37,033

70,854

64,698

61,172

102,284

95,548

92,052

75,000

43,196

57,062

73,909

0

0

0

(Increase) Decrease in Prepaid Expenses and Other Current Assets

9,931

10,105

-7,503

8,043

10,965

4,771

12,989

4,595

2,465

22,459

15,701

11,336

14,107

-13,235

18,188

-5,586

-10,082

-20,519

-51,868

-20,022

-34,243

-11,592

10,361

527

16,407

9,792

-929

-21,995

-6,445

-7,194

-3,075

50,193

6,053

-10,513

-53,863

-87,943

-60,700

-39,289

0

0

0

Increase (Decrease) in Pension and Post-retirement Benefits

-14,006

-10,416

-4,906

-8,361

-11,111

-13,216

-6,742

-18,218

-14,381

-13,275

-14,614

-30,388

-32,319

-34,510

-33,690

-27,844

-28,279

-28,999

-28,346

-31,990

-33,551

-32,644

-15,381

-2,949

6,006

11,283

5,521

-3,819

-7,968

-10,019

-5,115

1,187

3,425

5,197

-41,884

-37,602

-35,669

-35,265

0

0

0

(Decrease) Increase in Accounts Payable and Accrued Expenses

-32,779

-44,109

38,210

62,876

-40,865

48,376

79,774

89,853

117,527

-2,553

-101,826

-109,639

-191,153

-40,783

12,416

-34,951

4,728

-7,429

-26,709

4,586

-82

72,307

-354

54,362

75,647

-10,747

77,400

-27,646

5,734

-484

-39,105

17,486

21,360

3,732

17,232

19,717

36,375

62,849

0

0

0

Increase (Decrease) in Net Income Taxes Payable

-36,239

-15,929

29,620

20,580

14,156

18,351

-2,995

47,077

-7,057

25,369

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,435

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash Provided by Operating Activities

923,989

922,996

1,071,436

1,163,981

1,124,977

1,241,729

1,245,697

1,196,674

1,142,813

1,033,885

949,727

911,437

956,578

1,040,020

923,433

955,390

1,024,181

991,992

1,042,758

917,581

679,089

746,879

603,322

655,282

810,284

637,805

662,577

562,308

507,434

517,781

455,107

427,591

477,307

490,479

533,335

582,113

536,929

485,532

0

0

0

Investing Activities
Net (Purchase) Sale of Securities

14,512

14,496

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Sale of Business

-

-

-

-

-

-

-

-

-

135,944

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net sale of trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

77,558

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Acquisitions of Businesses/Intangibles

-

-

-

-

-

857,668

1,378,131

1,378,136

1,378,565

520,463

0

0

0

-

-

-

-

-

-

-

-

466,204

0

0

0

-

-

-

-

168

168

168

168

7,207

7,333

7,167

34,927

28,104

0

0

0

Purchases of Property/Equipment

312,619

293,838

299,863

336,068

375,343

389,607

346,750

285,471

237,085

221,286

208,207

232,647

259,939

255,524

213,089

188,931

149,869

144,063

144,113

137,059

149,774

159,138

149,858

138,331

121,747

106,762

107,119

119,580

123,898

132,303

134,573

119,236

110,632

96,911

82,322

85,591

87,949

89,823

0

0

0

Proceeds from Sales of Property/Equipment

8,211

37,402

38,765

34,477

39,303

9,749

8,720

9,036

579

3,754

5,913

4,675

8,742

6,227

6,067

10,160

9,981

18,501

16,741

15,104

15,938

10,285

12,213

12,084

11,523

10,164

7,573

7,072

6,428

4,564

4,400

4,018

4,161

4,386

5,211

4,717

5,236

4,915

0

0

0

(Increase) Decrease in Investments, Equity in Affiliates, and Other Assets

18,290

6,479

4,225

10,562

2,962

7,546

-3,083

-9,029

-4,217

-5,095

1,502

-21,364

-24,898

-10,214

-15,087

2,001

-8,642

-4,798

801

3,772

9,186

-1,718

-904

-1,714

-10,510

-6,619

-1,328

11,381

28,064

21,143

-40,602

-49,972

-54,398

-51,253

-57,484

-60,854

-90,756

-95,464

0

0

0

Proceeds from Company-owned Life Insurance

18,732

17,758

20,865

20,846

6,820

9,704

5,294

13,356

8,351

5,323

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Cash (Used in) Provided by Investing Activities

161,328

220,153

215,543

175,919

-331,748

-1,235,368

-1,706,899

-1,637,742

-1,598,049

-587,179

-56,845

-259,406

-281,922

-408,474

-382,133

-947,357

-919,117

-900,947

-1,319,238

-542,885

-549,453

-616,775

-180,425

-171,750

-827,550

-691,074

-688,731

-686,697

-11,848

-106,764

-170,943

-190,358

-181,037

-170,985

-161,928

-143,895

-258,396

-258,476

0

0

0

Financing Activities
Repayments of Long-term Debt and Finance Leases

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds of Long-term Debt and Finance Leases

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net Proceeds from Short-term Debt

-

-

-

-

-

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on short-term debt

-

-

-

-

-

-

-

-

-

-

-

-

0

185,000

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from Long-term Debt

-

-

-

-

-

375,000

375,000

375,000

375,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal Payments on Long-term Debt

-

-

-

-

-

160

199

237

274

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends Paid on Common Stock

449,177

437,053

424,563

411,255

398,418

388,107

378,184

368,642

359,195

346,010

333,090

320,122

306,985

296,493

285,817

274,997

264,170

250,834

237,557

224,277

211,124

203,156

195,254

187,509

179,715

174,320

168,947

163,423

158,042

152,204

146,667

141,236

135,671

129,975

123,936

117,899

111,905

109,374

0

0

0

Share Repurchase

129,437

174,246

176,403

69,779

66,508

46,898

44,741

89,645

89,098

94,487

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

61,366

122,974

160,300

150,316

152,930

97,051

74,466

67,224

69,574

0

0

0

Proceeds from Exercise of Stock Options

80,300

59,900

79,200

86,100

64,345

71,800

48,063

42,821

37,757

21,700

17,179

12,584

15,959

12,075

11,864

12,839

11,925

10,468

9,864

10,976

9,143

10,523

9,440

7,143

10,427

30,212

30,058

33,287

34,037

14,700

17,150

20,044

33,650

53,780

56,644

52,447

40,490

22,884

0

0

0

Excess tax benefit from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

48,001

48,646

40,136

22,950

21,025

25,422

23,552

24,700

22,290

15,306

14,256

23,406

20,950

22,351

20,179

8,847

8,442

9,584

12,739

15,205

16,645

14,223

11,182

10,298

0

0

0

Distribution to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,000

0

0

0

-

-

-

-

Payments to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

11,702

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1,146

0

0

0

-

0

0

0

Net Cash (Used in) Provided by Financing Activities

-875,260

-926,244

-991,589

-954,695

-655,429

11,638

94,997

144,301

219,216

-418,771

-637,497

-475,104

-429,648

-557,303

-500,856

-244,798

-248,739

-70,627

96,680

-247,473

-241,447

-229,370

-220,743

-247,077

-229,851

-195,521

-177,781

-137,717

-156,801

-192,749

-248,274

-626,999

-347,532

-325,502

-254,403

117,484

-131,145

-145,766

0

0

0

Effect of Exchange Rate Changes on Cash

1,673

-3,140

-4,173

-7,449

-10,886

-2,985

1,846

9,437

11,974

1,044

-1,641

-7,907

-10,402

-6,339

-10,016

-7,749

-8,207

-7,353

-2,008

-2,158

-936

-574

-673

127

-716

416

214

75

274

990

-37

841

1,067

1,293

0

0

0

-

-

-

-

Increase (Decrease) in Cash and Cash Equivalents

211,730

213,765

291,217

377,756

126,914

15,014

-364,359

-287,330

-224,046

28,979

253,744

169,020

234,606

67,904

30,428

-244,514

-151,882

13,065

-181,808

125,065

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0

0

0