INTERPUBLIC GROUP OF COMPANIES, INC. IPG Cash Flow

Interpublic group of companies, inc. (IPG)

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
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income
686,000	673,900	674,200	669,300	644,300	637,700	564,400	573,200	533,000	570,400	634,600	595,000	647,600	629,000	578,500	523,800	487,400	480,500	528,900	543,700	523,600	505,400	386,200	342,600	325,000	288,900	413,900	432,400	451,800	464,600	405,800	555,600	559,000	551,500	496,000	324,100	298,300	281,200	0	0	0
Adjustments to reconcile net income to net cash used in operating activities:
Depreciation and amortization
280,200	278,500	282,000	257,000	228,000	202,900	166,600	164,800	162,100	157,100	167,200	164,700	163,200	160,200	158,200	156,600	156,300	157,000	157,600	160,500	161,200	163,000	161,200	160,700	159,700	157,400	156,800	153,700	151,300	147,700	150,200	149,000	149,900	150,900	146,400	147,500	146,600	148,400	0	0	0
Provision for uncollectible receivables
29,300	10,100	4,800	7,100	7,800	6,500	9,400	7,000	5,700	9,500	12,600	17,700	19,400	16,700	12,800	12,300	11,900	11,400	10,600	8,500	6,300	7,400	10,200	10,800	12,600	12,600	15,900	14,600	13,400	16,300	14,500	13,800	13,600	10,400	9,800	9,700	13,100	10,700	0	0	0
Amortization of restricted stock and other non-cash compensation
75,200	80,200	80,800	80,300	80,400	82,200	81,900	82,000	82,300	82,000	86,400	91,700	92,200	85,600	79,600	77,000	76,600	70,300	66,100	61,300	56,000	54,300	48,100	44,400	42,700	43,100	39,700	40,000	43,300	44,500	47,300	51,600	52,700	51,700	53,600	53,000	52,000	50,000	0	0	0
Net amortization of bond discounts and deferred financing costs
9,300	9,300	9,300	8,400	7,400	6,500	5,800	5,700	5,800	5,800	5,600	5,600	5,600	5,600	5,800	5,800	5,800	5,800	5,600	5,600	5,500	5,100	6,900	6,900	8,200	8,600	6,900	6,500	4,900	1,800	-2,100	-5,400	-8,500	-8,700	-7,700	-6,600	-7,300	-4,400	0	0	0
Deferred income tax provision
29,500	9,700	35,500	42,100	3,900	14,100	-51,200	-50,000	-18,300	-9,500	60,800	58,300	60,700	44,600	85,800	45,100	53,200	49,500	700	76,400	74,600	83,500	90,000	91,000	96,000	69,400	163,600	132,700	105,600	103,600	27,700	76,600	85,400	83,900	88,200	15,500	41,700	56,000	0	0	0
Gain (Loss) on Disposition of Business
-58,100	-43,400	-31,400	-29,500	-46,100	-61,900	-53,200	-56,100	-49,400	-24,100	-46,200	-33,600	-24,200	-41,400	-28,100	-69,800	-66,300	-50,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
2,000	-9,900	1,500	-1,400	-7,500	-1,200	-800	-4,400	-12,800	-12,700	-21,800	-17,000	-16,700	-35,500	-41,000	-41,400	-38,900	-24,200	-20,000	-20,700	-30,900	-24,100	-26,700	-28,600	-6,600	-2,200	29,700	32,600	23,100	12,300	-22,300	-23,300	-28,400	-28,200	-14,800	-20,400	-46,100	-25,000	0	0	0
Changes in assets and liabilities, net of acquisitions and divestitures, providing (using) cash:
Accounts receivable
-143,900	111,200	37,200	98,500	190,600	603,800	394,600	494,100	93,800	-37,600	11,200	-120,800	100,600	220,700	-122,200	92,000	10,100	236,100	335,100	63,600	117,200	20,100	121,000	160,000	166,900	157,100	68,000	389,300	219,600	44,700	174,800	-204,900	-153,700	219,200	-100,900	151,900	449,800	547,600	0	0	0
Increase (Decrease) in Other Receivables
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts receivable, billable to clients
-	-	-	-	-	209,500	301,600	233,700	179,700	165,500	-72,100	56,900	71,400	2,200	243,900	295,400	264,000	237,800	-41,600	-269,700	-126,400	-83,500	183,800	225,200	189,300	241,500	56,300	51,300	86,300	73,800	-7,600	209,700	109,700	39,200	212,200	69,400	206,900	122,800	0	0	0
Other current assets
5,300	27,200	-3,900	4,700	58,300	67,200	-13,400	-10,000	-30,400	-50,100	42,800	50,700	7,700	-500	18,200	25,300	39,100	9,700	4,300	-1,800	40,500	57,200	37,500	31,600	5,800	11,300	17,500	6,900	15,600	-3,500	22,900	57,300	47,500	42,000	22,200	5,600	2,300	200	0	0	0
Accounts payable
40,400	546,000	242,900	331,100	461,600	428,700	531,200	408,400	68,700	336,400	-420,700	50,000	110,800	-147,400	269,300	329,100	364,200	419,000	317,800	-333,500	-183,500	-159,200	213,500	406,600	410,300	417,700	-79,200	-71,600	-210,200	-120,400	-98,200	-99,600	-137,700	-62,900	-1,200	142,600	481,600	867,400	0	0	0
Accrued liabilities
-53,900	27,400	88,800	59,500	62,900	-24,200	-140,000	-103,300	-141,000	-241,300	-141,000	-123,200	-127,200	-61,100	-132,900	-88,800	-60,800	-35,300	36,700	15,000	39,800	39,800	28,300	-40,600	-58,900	-17,400	-38,700	-18,200	-38,700	-57,800	-68,900	9,800	72,800	3,900	71,300	-4,600	187,300	66,400	0	0	0
Contract liabilities
16,100	46,500	36,000	57,100	66,500	44,900	102,200	19,100	-10,600	-12,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease right-of-use assets
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-current assets and liabilities
57,700	29,300	79,800	70,600	2,000	16,800	-52,600	-27,600	-16,900	-24,400	43,400	37,600	75,700	95,500	86,400	104,600	71,000	60,400	45,900	33,100	42,000	33,400	-13,000	23,300	14,100	-4,100	-12,100	-59,000	-66,400	-46,800	36,400	45,800	103,200	102,800	70,300	56,900	9,500	12,800	0	0	0
Net cash provided by (used in) operating activities
1,345,600	1,529,200	1,315,400	1,321,800	1,201,500	565,100	694,100	477,200	523,700	881,800	400,700	913,500	794,600	512,800	899,900	654,800	815,600	688,500	839,100	733,500	641,400	696,400	642,300	627,100	642,300	592,900	372,100	106,400	80,600	357,200	272,100	534,600	576,700	273,500	535,200	417,800	571,100	817,300	0	0	0
CASH FLOWS FROM INVESTING ACTIVITIES:
Capital expenditures
210,300	198,500	205,200	195,700	187,100	177,100	152,900	148,500	153,900	155,900	194,900	206,600	198,500	200,700	194,900	174,300	167,900	161,100	135,000	139,800	142,300	148,700	175,800	184,900	181,800	173,000	-176,900	-180,600	-173,800	-169,200	156,300	145,400	145,800	140,300	129,900	121,100	103,800	96,300	0	0	0
Payments to Acquire Businesses, Net of Cash Acquired
1,900	600	2,298,400	2,301,900	2,309,600	2,309,800	20,000	26,500	27,500	30,600	26,700	30,300	28,300	52,000	70,600	62,900	55,600	28,600	10,800	17,000	45,700	67,800	76,200	64,100	48,700	61,500	53,100	142,100	178,300	145,500	153,400	76,100	63,100	63,100	49,200	91,500	58,400	61,900	0	0	0
Proceeds from sales of businesses, investments and fixed assets, net of cash sold
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0
Net sales (purchases) and maturities of short-term marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,800	10,400	10,700	10,200	-1,200	0	0	0	-	-	-	-	-	-	-	-
Other investing activities
-20,400	-37,400	-8,000	14,200	2,400	4,600	-600	-17,200	4,700	9,700	15,300	20,800	10,800	11,200	11,200	14,800	15,700	10,000	0	0	0	-	-	1,300	3,500	3,300	3,200	3,500	3,200	1,500	-1,200	-10,800	-14,800	-11,100	-29,800	-52,800	-51,600	-49,700	0	0	0
Net cash used in investing activities
-191,800	-161,700	-2,495,600	-2,511,800	-2,499,100	-2,491,500	-172,300	-157,800	-186,100	-196,200	-236,900	-257,700	-237,600	-263,900	-276,700	-252,000	-239,200	-199,700	-147,500	-149,700	-171,800	-198,900	-238,300	-241,200	-231,800	-224,500	311,400	225,400	191,700	210,200	-297,200	-71,900	-63,300	-58,800	-15,800	-183,700	-138,300	-108,500	0	0	0
CASH FLOWS FROM FINANCING ACTIVITIES:
Net increase in short-term borrowings
27,000	-19,800	160,200	-554,500	-535,300	-17,500	-431,500	518,800	497,000	3,000	407,600	42,300	188,300	-56,200	-11,500	51,900	-2,200	51,800	7,500	41,400	-25,300	-66,300	-52,300	-66,500	10,100	5,400	-19,600	3,200	-2,600	12,600	40,000	46,300	51,300	42,500	39,500	38,500	20,200	17,400	0	0	0
Exercise of stock options
3,700	4,300	10,600	9,100	9,200	15,500	10,100	8,300	11,800	13,100	12,100	12,200	14,500	10,200	11,900	12,700	8,300	13,500	20,000	20,000	23,000	20,100	15,700	26,600	35,500	47,400	45,900	34,600	24,000	10,800	8,600	8,000	8,500	12,000	0	0	0	-	0	0	0
Proceeds from Issuance of Long-term Debt
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,044,600	246,800	246,800	246,800	0	0	0	0	-	-	-	-
Common stock dividends
372,500	363,100	352,700	342,300	331,900	322,100	310,700	300,100	290,200	280,300	270,000	259,700	249,400	238,400	227,900	217,100	206,100	195,500	186,300	177,400	168,100	159,000	151,800	143,400	135,200	126,000	119,400	113,800	108,200	103,400	104,800	106,600	108,800	111,100	84,400	56,800	28,500	0	0	0	0
Tax payments for employee shares withheld
20,300	22,400	22,700	23,200	24,100	29,200	29,200	29,000	28,400	38,800	38,800	38,200	39,000	23,100	22,900	23,800	22,200	17,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchases of common stock
-	-	-	-	-	117,100	201,200	299,600	300,000	300,100	326,000	305,800	304,600	303,300	306,200	295,700	287,700	285,200	299,300	279,800	281,400	275,100	349,100	398,500	450,900	481,800	429,900	413,000	373,800	350,500	333,200	379,900	442,800	400,800	269,000	139,000	10,500	0	0	0	0
Repayments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-401,500	401,600	437,900	438,200	38,900	0	0	0	-	-	-	-
Payments for Previous Acquisition
34,400	15,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	53,100	32,700	32,800	12,700	13,600	12,800	9,400	30,200	27,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
24,700	21,600	15,900	14,400	15,500	16,900	16,900	20,100	18,300	20,400	19,800	17,400	15,700	13,700	13,600	14,900	18,700	15,900	16,200	13,100	12,500	17,000	18,400	20,000	19,400	14,900	15,200	15,000	16,400	17,000	17,800	21,300	21,700	23,000	20,700	20,100	20,100	21,500	0	0	0
Excess tax benefit on share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,200	20,800	21,400	21,900	16,700	-4,300	-3,100	3,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Preferred stock dividends
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,600	11,600	11,600	11,600	11,600	11,600	11,600	11,600	11,600	11,600	11,600	15,600	19,600	0	0	0
Other financing activities
-7,000	-1,300	-3,200	-14,900	-14,200	-15,200	-15,100	-3,700	-4,700	-3,100	-200	100	800	700	1,300	2,300	1,700	2,900	-7,400	-7,700	-11,100	-11,600	-3,400	-3,300	-1,000	-800	-26,600	-26,600	-28,800	-30,600	44,400	44,800	55,000	53,000	-11,700	-700	-17,300	-11,300	0	0	0
Net cash (used in) provided by financing activities
-185,300	-843,000	-142,400	1,320,500	1,381,700	1,853,200	658,800	-464,500	-511,100	-1,004,900	-312,600	-638,800	-447,700	-666,400	-628,800	-540,900	-577,900	-490,900	-526,900	-460,400	-349,300	-372,700	-431,500	-1,075,600	-1,198,900	-1,212,300	-384,600	246,400	256,200	131,300	-558,000	-661,400	-724,600	-541,000	-642,700	-452,500	-576,900	-547,700	0	0	0
Effect of foreign exchange rate changes on cash, cash equivalents and restricted cash
-46,300	-6,000	-23,100	-9,500	-50,800	-47,300	-18,900	-18,900	-6,100	16,800	-38,700	-32,800	-5,100	11,600	23,000	-38,900	-61,200	-156,200	-186,400	-169,600	-157,000	-101,000	-75,800	-29,100	-86,300	-94,100	-66,500	-45,900	-35,500	-6,200	-14,600	-109,100	-55,900	-46,700	-19,400	98,300	55,500	19,400	0	0	0
Net decrease in cash, cash equivalents and restricted cash
922,200	518,500	-1,345,700	121,000	33,300	-120,500	1,161,700	-164,000	-179,600	-302,500	-187,500	-15,800	104,200	-405,900	17,400	-177,000	-62,700	-158,300	-21,700	-46,200	-36,700	23,800	-103,300	-718,800	-874,700	-938,000	-188,000	111,900	72,600	272,100	-597,700	-307,800	-267,100	-373,000	-142,700	-120,100	-88,600	180,500	0	0	0