Invesco Ltd. IVZ Cash Flow

Invesco ltd. (IVZ)

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	Sep'09	Jun'09	Mar'09
Operating activities:
Net income
667	737	590	628	808	883	1,210	1,204	1,212	1,161	956	937	924	868	845	830	837	964	995	1,005	1,078	1,001	1,106	1,103	990	982	780	688	712	587	769	695	597	622	468	412	521	636	614	691	481	209	0	0	0
Adjustments to reconcile net income to net cash provided by/(used in) operating activities:
Amortization and depreciation
189	177	161	152	144	142	140	130	124	116	107	103	102	101	100	97	95	93	90	89	88	89	89	90	89	88	88	88	93	95	94	108	113	117	126	117	106	96	90	84	79	77	0	0	0
Common share-based compensation expense
205	207	206	200	181	172	164	164	167	175	176	173	170	159	155	152	148	150	146	144	142	138	134	133	136	133	136	138	139	136	132	125	118	115	116	119	119	117	109	102	91	90	0	0	0
(Gain)/loss on disposal of business, property and equipment, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	64	-0	-0	-0	0	6	6	6	5	0	0	0	-	-	-	-	-	-	-	0
Sale of trading investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	11,160	11,251	9,853	7,032	3,976	1,302	45	13	0	0	0
Other (gains)/losses, net
-71	65	27	19	-3	-40	13	26	27	39	43	40	33	22	11	-4	-8	-1	1	-0	24	28	35	39	23	34	-0	15	7	8	84	46	59	49	6	40	25	15	3	-9	1	7	0	0	0
Other (gains)/losses of CSIP, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0	-0	10	13	13	17	13	8	2	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other (gains)/losses of CIP, net
-27	32	-16	-12	-51	-55	25	31	78	81	42	45	42	7	-6	-41	-86	-37	-55	-38	18	20	109	147	109	61	-12	-75	3	-97	34	-33	-175	-138	-271	-326	-74	114	167	318	82	-106	0	0	0
Tax benefit from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-42	-36	-37	-63	-28	-29	-49	-42	0	0	0
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	16	17	21	14	0	0	0	-	-	-	-
Equity in earnings of unconsolidated affiliates
58	56	51	43	39	33	32	33	36	44	52	45	39	9	1	3	11	35	38	41	34	32	36	36	37	35	33	28	28	29	26	29	33	30	38	41	41	40	36	33	30	27	0	0	0
Distributions from equity method investees
9	9	5	8	10	9	11	9	10	16	31	41	39	32	17	18	18	18	18	5	19	19	19	30	16	16	16	4	15	15	15	31	20	21	23	26	26	26	0	0	0	-	-	-	-
Changes in operating assets and liabilities, net of business acquisitions:
(Increase)/decrease in cash held by CIP
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-158	57	-116	-39	349	23	-354	-148	-180	-37	25	298	-94	66	376	36	328	-186	-147	-264	-55	397	465	336	15	-163	-175	-45	0	0	0
(Increase)/decrease in cash held by CSIP
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	-3	2	7	-1	15	11	9	10	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Purchase)/sale of investments by CIP, net
169	213	290	434	400	340	293	87	250	342	633	614	492	487	131	118	83	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Purchase)/sale of investments, net
-236	-167	-89	-65	-15	45	8	37	11	-174	-140	-166	-177	-7	252	199	213	159	-88	-42	-44	2	-23	-16	16	-5	-7,563	-5,202	-2,832	7	-536	-335	-54	11	11,139	14,010	9,991	7,093	4,157	-1,280	41	41	0	0	0
(Increase)/decrease in receivables
-2,877	-934	-1,745	-946	-197	-944	565	1,239	2,235	3,419	4,269	3,892	3,556	3,392	2,579	4,263	3,850	4,489	4,200	1,913	1,377	265	116	283	507	593	748	861	399	-113	-324	-736	-499	-213	-614	195	152	223	1,746	1,119	979	468	0	0	0
Increase/(decrease) in payables
-2,897	-748	-1,625	-736	-213	-997	458	1,118	2,107	3,440	4,380	4,000	3,680	3,403	2,665	4,297	3,884	4,517	4,111	1,861	1,206	165	87	283	573	654	797	854	387	-121	-188	-763	-642	-431	-1,073	40	111	243	878	258	726	305	0	0	0
Net cash provided by/(used in) operating activities
1,160	1,116	819	779	760	828	1,046	1,171	979	1,157	845	823	812	654	1,154	883	1,152	1,128	738	1,108	1,363	1,200	1,207	1,074	1,045	780	1,091	827	493	819	640	1,066	911	964	645	588	451	379	576	302	365	362	0	0	0
Investing activities:
Purchase of property, equipment and software
122	124	109	105	103	102	97	98	105	111	129	142	148	147	137	139	127	124	134	133	134	133	107	97	91	88	97	102	99	99	114	103	104	107	92	94	94	89	73	58	49	39	0	0	0
Disposal of property and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	13	13	12	0	0	0	-	-	-	-	6	0	0	0
Purchase of available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	13	10	44	43	36	146	113	214	219	134	132	42	43	64	85	74	70	43	31	33	41	33	33	35	32	19	15	0	0	0
Sale of available-for-sale investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	41	38	44	51	50	45	102	102	104	79	14	26	41	49	53	50	42	47	64	60	81	90	74	64	35	13	13	18	0	0	0
Purchase of investments by CIP
6,087	5,244	3,741	4,548	4,294	4,488	5,056	4,649	4,912	5,709	5,748	5,574	5,012	3,713	3,252	3,373	3,230	4,080	4,563	4,644	5,527	5,565	5,197	4,809	4,825	4,465	4,409	4,171	3,530	3,252	2,736	2,500	2,876	2,991	3,169	3,352	2,844	2,367	1,798	1,117	343	44	0	0	0
Sale of investments by CIP
4,469	3,654	2,604	2,692	2,944	3,210	3,440	3,611	4,003	5,026	5,341	5,195	4,247	2,958	2,551	2,860	2,976	3,543	3,836	3,505	4,013	4,022	3,748	3,964	4,204	4,440	4,568	4,439	3,992	3,346	2,928	2,594	3,194	3,479	4,034	4,001	3,258	2,866	1,891	1,283	489	52	0	0	0
Purchase of investments by CSIP
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	527	515	480	595	683	631	592	363	116	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sale of investments by CSIP
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	524	511	494	565	493	429	341	162	66	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Returns of capital in investments of consolidated investment products
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	0	0	0
Purchase of investments
193	229	219	197	197	153	169	172	171	177	176	185	144	151	150	140	157	167	153	145	131	123	118	142	155	239	243	227	212	126	128	145	144	143	120	94	87	69	80	105	108	88	0	0	0
Sale of investments
123	123	120	108	122	123	124	132	139	177	233	214	191	147	105	105	97	111	95	93	95	73	72	94	84	94	94	77	87	83	92	87	76	64	49	47	42	42	39	29	38	31	0	0	0
Capital distributions from equity method investees
41	78	95	103	85	45	73	93	116	119	54	29	15	23	35	38	46	50	49	47	49	38	46	54	38	38	33	21	17	20	20	26	40	36	31	23	13	25	0	0	0	-	-	-	-
Collateral received/(posted), net
0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchase of business, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14	0	0	0	-	-	-	-	-	-	-	-
Acquisition earn-out payments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	37	17	17	16	16	0	0	0	-	-	-	-	-	-	-	-
Payments for (Proceeds from) Businesses and Interest in Affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by/(used in) investing activities
-1,544	-1,425	-985	-1,615	-2,934	-2,898	-3,154	-2,851	-1,228	-974	-756	-463	-942	-1,005	-927	-749	-405	-664	-867	-1,255	-1,649	-1,827	-1,670	-1,131	-930	-239	-136	26	228	-82	29	-68	150	348	660	451	-438	-337	-707	-659	34	-102	0	0	0
Financing activities:
Purchases of treasury shares
422	469	457	148	91	51	54	53	50	63	168	348	425	535	714	709	708	623	384	258	226	269	569	519	545	470	195	235	235	265	293	253	458	436	0	0	0	-	-	-	-	-	-	-	-
Proceeds from exercises of share options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	4	7	10	11	13	12	14	17	18	21	18	23	18	14	13	12	19	23	24	19	50	76	82	80	0	0	0
Dividends paid - preferred
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid - common
549	529	494	492	491	490	487	481	476	471	466	463	462	460	460	460	459	454	449	441	434	424	416	408	400	379	356	333	310	289	267	246	225	220	216	212	204	197	191	182	174	168	0	0	0
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-1	-0	-0	4	21	21	24	23	24	24	22	23	21	18	17	13	12	12	11	12	14	16	17	21	14	0	0	0	-	-	-	-
Repayment of unsettled fund account
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	35	-71	-71	-71	-35	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Third-party capital invested into CIP
254	289	224	403	444	465	472	332	385	449	590	545	441	386	244	236	205	113	190	149	259	287	164	139	54	17	14	35	18	20	28	24	32	37	43	54	33	24	10	6	0	7	0	0	0
Third-party capital distributed by CIP
208	144	113	102	115	117	101	105	108	105	120	109	92	91	85	100	111	120	133	161	151	165	176	131	179	191	301	369	331	277	135	73	125	172	182	192	123	97	90	67	65	52	0	0	0
Third-party capital invested into CSIP
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	31	23	321	268	167	161	-148	-96	3	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings of debt by CIP
3,919	3,348	2,435	2,776	2,419	2,463	2,900	1,874	1,925	2,812	2,455	2,399	2,267	1,327	760	1,533	1,155	2,091	2,748	2,227	2,217	1,996	1,837	1,671	1,675	1,365	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of debt by CIP
2,277	1,819	1,161	1,014	1,089	1,045	1,478	880	1,295	2,410	2,003	2,052	1,241	171	245	998	1,042	1,573	1,674	1,076	1,137	721	576	805	883	874	1,661	1,113	1,004	602	-177	121	165	513	476	351	257	207	0	0	0	-	-	-	-
Payment on forward contracts
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net borrowings/(repayments) under credit facility
70	-330	-520	-837	437	330	679	821	-19	-28	57	57	19	28	-99	-7	-11	0	99	7	11	0	-788	-846	-915	-586	33	35	335	47	110	-27	-7	-31	0	0	0	-	-	-	-	-12	0	0	0
Payment of contingent consideration
28	20	16	16	16	15	14	13	13	13	13	14	13	13	16	17	14	11	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	397	0	0	0
Acquisition of remaining noncontrolling interest in subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8	0	0	0
Net cash provided by/(used in) financing activities
384	201	-168	569	1,497	1,540	1,973	1,551	348	169	272	-41	495	470	-128	-23	-480	-51	439	489	633	862	652	270	-69	-59	-664	-633	-406	-645	-564	-885	-934	-1,322	-1,210	-1,009	-165	-65	-134	109	-148	-100	0	0	0
Increase/(decrease) in cash and cash equivalents
0	-107	-333	-267	-676	-529	-133	-128	98	352	360	318	366	118	99	109	267	412	311	343	347	235	189	213	45	481	290	220	315	91	106	111	127	-9	95	30	-152	-24	-264	-247	251	159	0	0	0
Foreign exchange movement on cash and cash equivalents
-24	17	-32	-22	-72	-43	-14	27	122	99	31	-16	-109	-132	-108	-129	-32	-74	-73	-73	-106	-52	-11	65	49	14	3	-22	-23	17	17	-14	-6	-3	-2	35	27	3	5	-14	12	17	0	0	0
Foreign exchange movement on cash and cash equivalents of CIP
-6	-7	-6	-3	-7	-1	-1	0	5	4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash inflows (outflows) upon consolidation/deconsolidation of CIP
7	7	7	105	98	137	137	39	59	9	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Supplemental Cash Flow Information:
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	81	78	67	67	67	69	70	72	60	52	39	31	32	34	42	43	52	53	52	53	53	54	56	53	50	53	50	79	60	0	0	0
Interest received
-	-	-	-	-	-	-	-	-	-	-	-	-	5	6	7	9	8	10	9	7	8	6	6	5	5	5	4	5	5	9	12	14	14	10	9	7	7	7	7	6	10	0	0	0
Taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	299	304	347	353	388	385	390	405	405	338	282	317	268	243	260	221	214	216	186	192	199	190	361	248	172	265	40	69	88	0	0	0