ITT INC. ITT Cash Flow

Itt inc. (ITT)

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	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
Operating Activities
Net income
-	-	-	-	-	-	-	-	-	-	86,900	47,900	45,600	26,100	90,200	33,000	37,300	36,500	130,700	142,400	42,000	34,200	80,700	38,700	33,200	12,400	431,400	25,900	21,200	32,400	73,000	16,800	3,200	-529,000	108,500	170,000	121,000	275,300	145,000	238,000	146,000	184,000	60,000	201,000	184,000
Less: Loss from discontinued operations
-	-	-	-	-	-	-	-	-	-	-100	-100	-100	2,200	1,800	500	-300	100	34,200	1,700	3,400	300	-300	-2,900	-1,000	300	-2,300	1,100	1,700	10,300	12,300	600	-7,300	15,200	138,000	150,800	143,000	787,700	133,000	12,000	2,000	743,000	-4,000	4,000	-3,000
Less: Income (loss) attributable to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	0	100	-400	300	100	200	-100	-200	0	100	-100	500	400	400	1,000	1,200	700	100	400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations attributable to ITT Inc.
83,700	66,500	118,700	66,900	71,300	50,600	111,000	69,700	101,100	-66,000	87,000	47,900	46,100	23,600	88,300	32,300	37,700	36,600	96,500	140,600	38,700	33,400	80,600	41,200	33,200	10,900	433,000	24,700	19,100	22,100	60,700	16,200	10,500	-544,200	-29,500	19,200	-22,000	-512,400	12,000	226,000	144,000	-559,000	64,000	197,000	187,000
Adjustments to income from continuing operations:
Depreciation, Depletion and Amortization
27,400	32,300	28,100	26,600	26,400	26,900	27,300	27,600	27,600	27,700	27,200	25,600	24,800	25,500	25,400	25,800	25,300	26,900	21,200	21,200	20,700	24,100	22,000	21,100	21,100	20,400	21,900	20,100	24,500	21,100	17,200	16,600	16,200	18,000	17,300	18,000	18,000	-149,800	74,000	72,000	68,000	-149,000	74,000	74,000	66,000
Equity-based compensation
2,500	3,400	3,900	3,900	4,500	4,700	6,700	5,700	4,500	5,600	5,200	3,600	3,700	3,500	3,200	3,000	2,900	4,600	4,200	3,800	3,100	3,200	4,000	3,500	3,300	3,400	3,500	3,200	3,000	3,000	3,600	3,000	2,800	800	3,600	4,100	3,000	-9,300	7,000	8,000	8,000	-5,000	7,000	8,000	8,000
Non-cash lease expense
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring and asset impairment charges, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,000	9,000	20,000	11,000
Asbestos-related (benefit) costs, net
-40,700	11,600	-56,200	11,800	12,600	15,400	-4,300	13,500	-19,700	13,100	-62,800	14,900	14,900	14,700	-68,100	15,000	12,800	8,300	-30,300	-84,800	15,400	14,700	-42,500	15,900	15,800	16,300	-15,400	15,900	16,000	15,800	12,800	9,700	12,600	9,600	59,300	15,500	16,000	-	-	-	-	14,000	224,000	0	0
Asset impairment charges
16,300	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transformation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	311,900	19,800	4,400	60,000	-	0	0	0	-	-	-	-
Other non-cash charges, net
-11,000	-13,000	-10,500	-7,400	-7,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92,000	-16,000	-20,000	-26,000
Asbestos-related payments, net
6,100	1,500	4,300	5,900	9,900	-1,500	11,500	18,000	12,800	5,800	8,800	17,700	13,000	7,000	13,000	7,200	4,300	9,400	8,700	2,600	3,900	-5,000	2,000	4,400	2,500	6,200	7,500	8,300	3,400	-8,100	11,900	32,000	-15,700	6,000	4,000	5,000	7,000	-	-	-	-	-	-	-	-
Transformation-related payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	234,400	63,200	42,400	15,000	-	-	-	-	-	-	-	-
Payment for Pension Benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35,700	2,500	65,000	-32,200	14,200	12,600	2,000	2,000	-	-	-	-	-45,000	41,000	16,000	-5,000
Changes in assets and liabilities:
Change in receivables
13,400	-1,300	-11,000	5,800	47,100	-20,800	8,300	1,900	13,300	12,100	11,600	900	34,700	-36,400	-31,700	24,600	21,000	-5,200	5,400	15,100	56,700	-48,400	14,200	-20,700	100,000	-45,800	42,300	-8,300	72,500	-41,500	-1,000	119,000	-58,800	-15,600	7,400	26,200	53,000	-103,100	-16,000	49,000	72,000	173,000	-100,000	-154,000	76,000
Change in inventories
-600	-27,600	800	10,100	17,300	-8,900	-600	2,100	20,700	-18,400	6,500	-3,900	1,600	-1,700	5,200	-300	4,000	-37,800	8,300	1,600	-3,600	-3,200	12,100	19,800	-25,600	18,100	-25,600	2,800	15,400	-6,400	6,300	19,400	-10,600	-9,200	19,900	12,300	14,000	-79,300	42,000	1,000	-3,000	19,000	-61,000	93,000	-44,000
Change in accounts payable
-6,400	-5,500	-7,800	-7,400	18,800	6,100	3,900	-24,600	10,400	13,400	11,200	-10,300	2,500	16,900	-11,900	10,500	-14,800	11,400	-4,900	5,000	-500	-7,000	1,600	-2,200	1,800	100	-11,000	14,500	900	7,200	-16,200	-6,400	11,100	-49,100	13,600	22,800	16,000	43,600	16,000	33,000	-10,000	-27,000	-51,000	56,000	4,000
Change in accrued expenses
-25,200	-7,500	20,900	7,500	-35,600	13,000	15,700	8,200	-31,200	-1,100	21,600	200	-3,500	-8,600	9,300	700	-28,800	-19,700	-6,500	1,700	-21,300	-9,300	7,600	6,000	-9,500	39,100	1,500	-3,000	-2,000	-300	-4,900	-900	-38,300	-95,900	124,500	-4,800	11,000	-	-	-	-	-34,000	77,000	8,000	-21,000
Change in income taxes
16,500	-32,900	19,600	-5,800	9,500	8,400	17,700	-11,800	100	-34,600	22,900	1,500	-4,600	-39,000	23,600	6,300	3,400	-29,300	-8,500	13,200	17,200	-15,400	4,800	1,900	-1,700	368,700	-357,400	4,900	12,400	-69,000	18,800	26,600	107,700	110,600	-77,400	-99,700	-31,000	-	-	-	-	128,000	-20,000	-9,000	-4,000
Change in other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68,000	70,000	-46,000
Change in other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68,000	-7,000	-2,000
Other, net
12,700	21,400	-19,500	30,100	-1,000	16,200	8,500	-6,300	3,600	12,500	-1,200	3,000	7,700	-25,300	8,200	-3,800	3,500	-3,200	-8,300	100	8,100	-25,300	2,200	-13,600	300	-23,500	22,100	-3,600	-5,100	-17,500	-1,000	-45,800	13,100	44,900	-33,300	15,800	25,000	125,800	-215,000	0	74,000	-53,000	-14,000	-11,000	9,000
Net Cash – Operating activities
53,500	136,000	120,600	59,000	42,100	125,200	127,300	76,900	42,400	68,900	85,700	65,700	26,900	94,000	75,100	65,900	5,700	82,600	57,600	81,300	8,200	112,800	47,600	97,500	-13,200	128,000	29,800	81,100	-12,300	71,800	73,300	83,600	18,400	-210,600	57,400	-124,200	-45,000	-728,200	298,000	289,000	67,000	-787,000	502,000	333,000	213,000
Investing Activities
Payments to Acquire Productive Assets
22,200	22,100	23,500	16,600	29,200	31,700	17,500	17,600	28,700	34,100	25,900	16,600	36,700	43,300	22,000	25,100	21,000	22,500	18,200	15,800	30,200	44,400	28,700	26,700	19,000	64,700	21,400	20,100	16,700	40,100	14,100	16,600	13,000	49,100	16,100	22,100	15,000	-47,700	68,000	54,000	52,000	-48,000	53,000	39,000	48,000
Proceeds from sale of long-lived assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,000	-1,000	4,000	10,000
Acquisitions, net of cash acquired
4,700	0	25,800	87,300	0	-	-	-	-	0	0	0	113,700	0	8,600	0	200	297,500	0	53,500	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-984,500	593,000	10,000	391,000	-34,000	-1,000	34,000	1,000
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	20,600	40,000	67,100	0	57,700	15,300	300	44,500	71,600	49,000	93,000	99,400	16,100	31,700	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	9,900	4,900	72,400	36,300	10,300	47,600	15,300	5,300	62,000	71,200	38,600	97,200	83,400	34,900	36,700	13,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-700	0	600	-400	-400	0	900	-400	-500	200	2,300	-2,200	-300	100	200	-100	-100	-	-	-100	-200	-400	0	-2,100	2,700	-1,300	-700	-600	-500	200	-200	400	-1,400	-900	-700	2,600	-2,000	1,400	2,000	-1,000	-2,000	0	4,000	-2,000	-2,000
Net Cash – Investing activities
-26,200	-22,600	-48,500	-103,500	-28,800	-31,200	24,300	-17,200	-28,200	-33,900	-24,800	-14,400	-150,100	-31,900	-25,700	28,000	-24,800	-374,100	28,800	-100,200	-40,000	18,000	100	-59,100	26,500	-70,000	-85,200	1,100	-34,700	-232,200	-13,900	-17,000	-11,600	-59,000	-14,400	-20,100	-13,000	782,000	-413,000	-63,000	-441,000	75,000	-57,000	-67,000	-37,000
Financing Activities
Commercial paper, net repayments
-82,700	-38,700	-22,200	33,700	0	-28,500	146,400	0	-162,400	31,400	8,100	10,900	-1,500	-37,500	33,000	-5,000	28,500	84,000	-58,200	-44,800	113,500	0	-22,500	-4,500	-11,000	-28,100	26,200	-1,000	28,300	-22,600	-40,000	17,000	20,800	-9,600	-50,900	-10,000	74,000	-262,000	172,000	-117,000	151,000	-172,000	-112,000	-1,157,000	-166,000
Short-term revolving loans, borrowings
378,300	-	0	0	0	-	0	0	246,500	-	0	77,300	0	-	0	0	27,700	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term revolving loans, repayments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	50,600	27,700	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt, issued
0	1,000	0	0	7,100	0	3,200	0	0	3,100	0	1,800	2,100	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt, repayments
0	1,100	100	1,800	200	600	200	400	1,500	200	400	400	300	300	200	300	300	-	-	-	-	500	500	400	300	400	500	2,900	2,600	-	-	-	-	-	-	-	-	-	-	-	-	8,000	17,000	1,000	3,000
Repurchase of common stock
83,400	3,100	18,300	100	19,900	300	400	100	55,300	0	100	30,500	2,300	6,900	43,400	20,600	6,900	100	200	900	82,800	34,700	10,600	10,100	4,800	0	0	39,700	48,200	39,900	100	39,300	37,500	2,000	-800	400	5,000	-	-	-	-	-	-	-	-
Proceeds from issuance of common stock
100	3,300	3,300	3,200	5,100	0	1,100	4,100	600	4,500	200	600	5,900	3,500	0	2,700	6,100	700	200	3,300	2,000	800	2,900	2,400	9,000	6,800	6,100	7,900	14,000	17,800	4,500	700	35,000	12,400	6,200	8,400	33,000	18,500	3,000	4,000	10,000	10,000	3,000	0	2,000
Dividends paid
200	26,000	0	12,900	13,200	23,400	11,900	11,800	200	22,600	11,200	11,400	200	22,000	100	11,100	11,400	21,200	10,600	10,700	300	-	-	-	-	-	-	-	-	17,000	0	8,300	8,900	8,600	46,100	46,300	92,000	400	46,000	45,000	85,000	39,000	39,000	38,000	32,000
Excess tax benefit from equity compensation activity
-	-	-	-	-	-	-	-	-	-	-	-	-	-200	0	400	3,000	200	200	1,200	1,800	2,000	2,000	1,200	5,200	3,400	1,600	1,300	2,400	2,300	500	0	3,600	-	-	-	-	-	-	-	-	3,000	1,000	0	-1,000
Other, net
-100	0	0	-700	100	200	0	-100	0	-	-	-	-	3,100	100	-200	-2,100	-1,500	-1,800	200	-200	0	100	-100	-1,500	2,300	2,500	500	-1,800	-400	800	1,900	800	-	-	-	7,000	-	-	-	-	-	2,000	2,000	0
Net Cash – Financing activities
212,000	-64,600	-37,300	21,400	-21,000	-52,600	-72,100	-31,800	27,700	-37,200	-27,400	-51,600	3,700	-63,500	-10,600	-84,700	16,900	210,600	-70,600	-53,600	34,000	-52,700	-38,700	-21,800	-3,400	-34,100	26,900	-43,200	-7,900	-59,200	-34,400	-28,200	13,800	-910,000	1,652,000	163,300	17,000	264,100	132,000	-224,000	76,000	67,000	-162,000	-202,000	-200,000
Exchange rate effects on cash and cash equivalents
-11,700	7,600	-11,200	-100	700	-3,900	-2,800	-16,800	8,200	-2,400	7,100	7,400	7,900	-20,400	5,000	-5,900	9,900	-7,700	-9,900	1,800	-15,800	-16,100	-13,500	100	-1,700	700	6,100	-1,100	-6,100	4,800	1,500	-29,100	18,800	1,500	-13,900	-2,000	5,000	4,900	58,000	-37,000	-48,000	-19,000	38,000	45,000	-30,000
Discontinued operations:
Net Cash – Operating activities of discontinued operations
200	-	-	-	-400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,100	-2,700	3,300	-1,700	-9,600	194,800	246,000	130,000	-	-	-	-	-	-	-	-
Investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-100	-51,200	-348,100	-37,000	-31,000	-	-	-	-	-	-	-	-
Financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-500	-900	-1,600	600	-358,600	56,900	-160,400	-65,000	-	-	-	-	-	-	-	-
Exchange rate effects on cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	800	-58,000	19,900	44,000	-	-	-	-	-	-	-	-
Net Cash – Operating activities of discontinued operations
-	-	-	-	-	-	-	-200	-1,200	-	-300	-100	-800	6,700	-1,300	-900	7,500	-600	1,600	-2,000	-300	-600	-600	-4,100	-400	2,100	-14,700	-3,300	-400	-2,600	-3,600	1,700	-1,200	-418,600	-154,400	68,500	78,000	-202,100	-7,000	-1,000	10,000	-	-	-	-
Net change in cash and cash equivalents
227,800	56,200	23,500	-21,600	-7,400	35,200	76,200	10,900	48,900	-5,800	40,300	7,000	-112,400	-15,100	42,500	2,400	15,200	-89,200	7,500	-72,700	-13,900	61,400	-5,100	12,600	7,800	26,700	-37,100	34,600	-61,400	-217,400	22,900	11,000	38,200	-1,596,700	1,526,700	85,500	42,000	120,700	68,000	-36,000	-336,000	-399,000	329,000	108,000	-54,000
Supplemental Disclosures of Cash Flow Information
Interest
2,300	300	500	700	1,000	2,300	-100	100	1,000	1,000	700	1,100	1,000	1,200	900	1,000	1,400	3,300	500	500	0	0	1,000	0	100	0	500	200	200	1,500	100	200	500	34,100	3,800	39,300	3,000	45,700	4,000	39,000	3,000	44,000	4,000	16,000	26,000
Income taxes, net of refunds received
8,000	15,500	14,200	24,400	9,300	22,500	7,800	16,200	7,000	22,400	17,700	8,700	13,200	18,900	22,000	10,200	5,000	23,800	18,000	7,700	-1,000	22,200	31,000	8,100	8,700	10,000	6,900	5,600	-600	17,100	-28,500	10,200	-99,700	-28,600	15,900	135,700	17,000	53,600	99,000	124,000	66,000	37,000	32,000	88,000	15,000