KBR, Inc. KBR Cash Flow

Kbr, inc. (KBR)

CashFlow / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08	Dec'07
Cash flows from operating activities:
Net (loss) income
209,000	310,000	440,000	-51,000	226,000	-1,198,000	171,000	202,000	540,000	395,000	364,000	367,000	336,000
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization
104,000	63,000	48,000	45,000	39,000	72,000	68,000	65,000	71,000	62,000	55,000	49,000	41,000
Income (Loss) from Equity Method Investments
35,000	79,000	70,000	91,000	149,000	163,000	137,000	151,000	158,000	137,000	45,000	-88,000	-103,000
Deferred income tax expense
-14,000	26,000	-322,000	18,000	14,000	353,000	18,000	18,000	-173,000	14,000	65,000	88,000	-27,000
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
17,000	-2,000	5,000	7,000	61,000	7,000	2,000	32,000	3,000	0	-	-	-
Gain on consolidation of Aspire subcontracting entities
0	108,000	0	0	-	-	-	-	-	-	-	-	-
Gain on negotiated settlement with former parent
-	-	-	-	-	24,000	0	0	-	-	-	-	-
Gain on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-216,000
Goodwill impairment
-	-	-	-	-	446,000	0	178,000	-	-	6,000	-	0
Asset impairment
-	-	-	16,000	31,000	171,000	-	-	-	-	-	-	-
Asset impairments
-	-	-	-	-	171,000	0	2,000	-	-	-	-	-
Impairment of goodwill and long-lived assets
-	-	-	-	-	-	-	-	0	5,000	-	-	-
Other
-34,000	-24,000	-29,000	-3,000	-21,000	-11,000	-21,000	-35,000	-17,000	-30,000	-14,000	28,000	27,000
Changes in operating assets and liabilities:
Increase (Decrease) in Operating Capital [Abstract]
Accounts receivable, net of allowance for doubtful accounts
16,000	203,000	-92,000	-121,000	-41,000	-	-	-	-	-	-	-	-
Contract assets
31,000	-25,000	-40,000	-8,000	-224,000	107,000	-140,000	239,000	32,000	-222,000	-156,000	45,000	264,000
Claims receivable
-39,000	-3,000	-430,000	0	0	-170,000	0	9,000	-265,000	181,000	-107,000	124,000	-143,000
Accounts payable
23,000	112,000	-193,000	-6,000	-274,000	-10,000	49,000	-14,000	-110,000	-177,000	-355,000	214,000	-92,000
Contract liabilities
19,000	-60,000	-198,000	33,000	-2,000	144,000	-20,000	-93,000	61,000	116,000	-98,000	-315,000	11,000
Accrued salaries, wages and benefits
-9,000	11,000	14,000	-50,000	-8,000	-29,000	-14,000	-8,000	31,000	9,000	-129,000	-40,000	57,000
Reserve for loss on uncompleted contracts
-	-	-	5,000	94,000	57,000	53,000	34,000	-4,000	-13,000	-37,000	-41,000	-62,000
Payments from (advances to) unconsolidated affiliates, net
10,000	12,000	11,000	-1,000	10,000	13,000	14,000	-6,000	14,000	-16,000	-18,000	68,000	-35,000
Distributions of earnings from unconsolidated affiliates
69,000	75,000	62,000	56,000	92,000	249,000	180,000	108,000	182,000	93,000	54,000	121,000	131,000
Payment on performance bonds
-	-	-	-	-	-	108,000	0	0	-	-	-	-
Income taxes payable
-	-	-	-52,000	26,000	14,000	-51,000	-62,000	12,000	-	-	-	-
Pension funding
-45,000	-41,000	-37,000	-41,000	-48,000	-48,000	-54,000	-30,000	-74,000	-	-	-	-
Retainage payable
-	-	-	-2,000	-2,000	-16,000	-35,000	-70,000	-28,000	-	-	-	-
Subcontractor advances
-	-	-	8,000	-12,000	-3,000	20,000	131,000	36,000	-	-	-	-
Net settlement of derivative contracts
-	-	-	9,000	44,000	40,000	22,000	-	-	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	72,000	-9,000	88,000
Changes in operating assets and liabilities
84,000	7,000	148,000	-68,000	-17,000	-115,000	-6,000	-83,000	-3,000	-127,000	247,000	149,000	-29,000
Total cash flows provided by operating activities
256,000	165,000	193,000	61,000	47,000	170,000	297,000	142,000	650,000	549,000	-36,000	124,000	248,000
Cash flows from investing activities:
Acquisition or disposition of businesses, net of cash acquired
-	-	-	-	-	-	-	3,000	0	-	-	-	-
Purchases of property, plant and equipment
20,000	17,000	8,000	11,000	10,000	53,000	78,000	75,000	83,000	66,000	41,000	37,000	-43,000
Payments to Acquire Equity Method Investments
146,000	344,000	0	61,000	19,000	0	0	-3,000	11,000	12,000	-	-	-
Proceeds from sale of assets or investments
9,000	25,000	2,000	2,000	130,000	9,000	16,000	127,000	6,000	0	-	7,000	3,000
Acquisition of businesses, net of cash acquired
0	354,000	4,000	911,000	0	0	-	-	-	299,000	-	526,000	0
Adjustments to cash due to consolidation of Aspire entities
0	197,000	0	0	-	-	-	-	-	-	-	-	-
Investment in licensing arrangement
-	-	-	-	-	-	-	-	-	20,000	-	-	-
Dispositions of businesses, net of cash
-	-	-	-	-	-	-	-	-	-	-	-	334,000
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	32,000	-	0
Other
1,000	-2,000	2,000	0	0	-	-	-	-	-	-	-	-1,000
Total cash flows used in investing activities
-158,000	-491,000	-12,000	-981,000	101,000	-44,000	-62,000	52,000	-88,000	-397,000	-9,000	-556,000	293,000
Cash flows from financing activities:
Payments to former parent, net
-	-	-	-	-	-	-	-	-	-	-	-	-120,000
Payments on long-term borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-7,000
Excess tax benefits from share-based compensation
0	1,000	0	1,000	0	0	-	4,000	3,000	0	-7,000	2,000	6,000
Borrowings on revolving credit agreement
0	250,000	0	700,000	0	0	-	-	-	-	-	-	-
Borrowings on long-term debt
0	1,075,000	0	0	-	-	-	-	-	-	-	-	-
Payments on revolving credit agreement
0	720,000	180,000	50,000	0	0	-	-	-	-	-	-	-
Payments on short-term and long-term borrowings
70,000	100,000	9,000	9,000	11,000	11,000	14,000	14,000	15,000	13,000	-	-	-
Debt issuance costs
0	57,000	0	0	-	-	-	-	-	-	-	-	-
Acquisition of remaining ownership interest in joint ventures
0	56,000	0	0	40,000	0	0	36,000	178,000	0	-	-	-
Investments from noncontrolling interests
1,000	0	1,000	0	0	10,000	9,000	0	0	-	-	-	-
Distributions to noncontrolling interests
14,000	3,000	4,000	9,000	28,000	61,000	109,000	-	63,000	91,000	54,000	28,000	-35,000
Payments of dividends to shareholders
46,000	44,000	45,000	46,000	47,000	47,000	36,000	37,000	30,000	32,000	32,000	25,000	0
Proceeds from sale of warrants
0	22,000	0	0	-	-	-	-	-	-	-	-	-
Purchase of note hedges
0	62,000	0	0	-	-	-	-	-	-	-	-	-
Issuance of convertible notes
0	350,000	0	0	-	-	-	-	-	-	-	-	-
Net proceeds from issuance of common stock
5,000	2,000	0	0	1,000	4,000	6,000	7,000	7,000	5,000	2,000	3,000	6,000
Payments to reacquire common stock
4,000	3,000	53,000	4,000	62,000	106,000	7,000	40,000	118,000	233,000	31,000	196,000	0
Return of cash collateral on letters of credit, net
-	-	-	-	-	-	-	-	17,000	28,000	-44,000	-	-
Other
-5,000	-1,000	0	1,000	-5,000	1,000	3,000	0	0	-	-	-	-
Cash collateralization of letters of credit, net
-	-	-	-	-	-	-	-	-	-	-	-	0
Total cash flows used in financing activities
-133,000	654,000	-290,000	584,000	-192,000	-210,000	-148,000	-116,000	-377,000	-336,000	-166,000	-244,000	-150,000
Effect of exchange rate changes on cash
8,000	-28,000	12,000	-11,000	-43,000	-52,000	-34,000	9,000	-5,000	7,000	7,000	-40,000	9,000
Decrease in cash and equivalents
-27,000	300,000	-97,000	-347,000	-87,000	-136,000	53,000	87,000	180,000	-177,000	-204,000	-716,000	400,000
Cash increase due to consolidation of a variable interest entity
-	-	-	-	-	-	-	-	-	22,000	-	-	-
Supplemental disclosure of cash flows information:
Cash paid for interest
80,000	52,000	21,000	12,000	10,000	11,000	12,000	15,000	22,000	16,000	7,000	5,000	4,000
Cash paid for income taxes (net of refunds)
54,000	21,000	144,000	49,000	66,000	37,000	127,000	81,000	201,000	64,000	166,000	200,000	229,000
Noncash investing activities
Acquisition of technology licensing rights
0	16,000	0	0	-	-	-	-	-	-	-	-	-
Noncash financing activities
Other assets change for payments made on our behalf by former parent
-	-	-	-	-	-	-219,000	22,000	185,000	130,000	417,000	-559,000	0
Other liabilities change for payments made on our behalf by former parent
-	-	-	-	-	-	219,000	-22,000	-185,000	-130,000	-417,000	579,000	0
Purchase of computer software
-	-	-	-	-	-	-	-	-	-19,000	-	-	-