KBR, Inc. KBR Cash Flow

Kbr, inc. (KBR)

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
Cash flows from operating activities:
Net (loss) income
83,000	209,000	203,000	201,000	213,000	310,000	533,000	524,000	541,000	440,000	78,000	-26,000	-58,000	-51,000	83,000	199,000	220,000	226,000	-1,053,000	-1,067,000	-1,127,000	-1,198,000	-19,000	-49,000	54,000	171,000	275,000	200,000	201,000	202,000	255,000	506,000	521,000	540,000	532,000	458,000	453,000	395,000	387,000	367,000	328,000	364,000	0	0	0
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization
106,000	104,000	92,000	81,000	75,000	63,000	57,000	51,000	48,000	48,000	52,000	53,000	49,000	45,000	41,000	39,000	37,000	39,000	46,000	55,000	65,000	72,000	74,000	73,000	71,000	68,000	66,000	63,000	64,000	65,000	65,000	69,000	70,000	71,000	71,000	68,000	64,000	62,000	59,000	56,000	56,000	55,000	0	0	0
Income (Loss) from Equity Method Investments
36,000	35,000	53,000	61,000	56,000	79,000	56,000	62,000	84,000	70,000	74,000	70,000	71,000	91,000	107,000	123,000	143,000	149,000	168,000	171,000	167,000	163,000	148,000	141,000	138,000	137,000	145,000	157,000	144,000	151,000	163,000	143,000	151,000	158,000	146,000	146,000	166,000	137,000	190,000	168,000	81,000	45,000	0	0	0
Deferred income tax expense
-27,000	-14,000	-3,000	-8,000	4,000	26,000	-218,000	-203,000	-302,000	-322,000	-64,000	-74,000	21,000	18,000	7,000	24,000	16,000	14,000	369,000	339,000	347,000	353,000	-45,000	-74,000	-57,000	18,000	18,000	64,000	74,000	18,000	24,000	-103,000	-157,000	-173,000	-113,000	21,000	40,000	14,000	70,000	78,000	63,000	65,000	0	0	0
Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property
32,000	17,000	9,000	8,000	2,000	-2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Gain on consolidation of Aspire subcontracting entities
-	-	-	-	-	108,000	113,000	115,000	115,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Goodwill impairment
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset impairments
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-39,000	-34,000	-31,000	-30,000	-9,000	-24,000	-22,000	-24,000	-34,000	-29,000	-19,000	-14,000	-1,000	-3,000	4,000	-11,000	-28,000	-21,000	-7,000	8,000	0	-11,000	-36,000	-41,000	-25,000	-21,000	-31,000	-30,000	-37,000	-35,000	-31,000	-26,000	-22,000	-17,000	-7,000	-15,000	-23,000	-30,000	-55,000	-36,000	-17,000	-14,000	0	0	0
Changes in operating assets and liabilities:
Increase (Decrease) in Operating Capital [Abstract]
Accounts receivable, net of allowance for doubtful accounts
137,000	16,000	182,000	251,000	117,000	203,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract assets
15,000	31,000	23,000	-46,000	-68,000	-25,000	-47,000	-43,000	0	-40,000	28,000	5,000	1,000	-8,000	-81,000	-58,000	-185,000	-224,000	-170,000	-119,000	-7,000	107,000	0	0	0	-	-	8,000	179,000	239,000	159,000	310,000	153,000	32,000	111,000	-119,000	-40,000	-222,000	-418,000	-321,000	-320,000	-156,000	0	0	0
Claims receivable
-	-	-	-	-	-	-	-	-	-430,000	-91,000	-45,000	16,000	0	-28,000	-74,000	-51,000	0	-85,000	-28,000	-52,000	-170,000	0	0	0	-	-	113,000	236,000	9,000	-47,000	-334,000	-315,000	-265,000	-94,000	23,000	-339,000	181,000	235,000	141,000	554,000	-107,000	0	0	0
Accounts payable
109,000	23,000	123,000	143,000	88,000	112,000	23,000	-31,000	-55,000	-193,000	-189,000	-164,000	-72,000	-6,000	4,000	-107,000	-181,000	-274,000	-206,000	-114,000	-92,000	-10,000	70,000	49,000	12,000	49,000	-195,000	-97,000	7,000	-14,000	34,000	-31,000	-85,000	-110,000	-79,000	-139,000	-178,000	-177,000	-247,000	-295,000	-329,000	-355,000	0	0	0
Contract liabilities
-44,000	19,000	85,000	24,000	-24,000	-60,000	-468,000	-423,000	-354,000	-198,000	226,000	202,000	203,000	33,000	22,000	39,000	-40,000	-2,000	81,000	93,000	151,000	144,000	0	0	0	-	-	16,000	83,000	-93,000	-94,000	-47,000	-200,000	61,000	-10,000	-147,000	27,000	116,000	107,000	242,000	54,000	-98,000	0	0	0
Accrued salaries, wages and benefits
13,000	-9,000	24,000	26,000	18,000	11,000	-7,000	16,000	0	14,000	8,000	-37,000	-14,000	-50,000	-22,000	-23,000	-28,000	-8,000	-18,000	-24,000	-20,000	-29,000	-16,000	3,000	5,000	-14,000	27,000	27,000	-7,000	-8,000	-8,000	-59,000	-36,000	31,000	-60,000	-4,000	-27,000	9,000	-46,000	-83,000	-90,000	-129,000	0	0	0
Payments on operating lease obligation
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reserve for loss on uncompleted contracts
-	-	-	-	-	-	-	-	29,000	-	63,000	63,000	43,000	5,000	179,000	153,000	115,000	94,000	-56,000	-42,000	2,000	57,000	0	0	0	-	-	25,000	28,000	34,000	0	0	0	-	-	-	-	-13,000	-25,000	-30,000	-28,000	-37,000	0	0	0
Payments from (advances to) unconsolidated affiliates, net
-	-	-	-	-	12,000	12,000	12,000	11,000	11,000	8,000	12,000	8,000	-1,000	-3,000	-2,000	-4,000	10,000	9,000	10,000	12,000	13,000	16,000	15,000	21,000	14,000	8,000	3,000	-3,000	-6,000	-3,000	-11,000	-12,000	14,000	4,000	10,000	8,000	-16,000	-22,000	-25,000	-21,000	-18,000	0	0	0
Distributions of earnings from unconsolidated affiliates
-	-	-	-	-	75,000	37,000	41,000	49,000	62,000	54,000	58,000	50,000	56,000	51,000	48,000	75,000	92,000	121,000	262,000	267,000	249,000	241,000	138,000	158,000	180,000	199,000	162,000	137,000	108,000	135,000	168,000	185,000	182,000	155,000	125,000	93,000	93,000	64,000	66,000	49,000	54,000	0	0	0
Income taxes payable
-	-	-	-	-	-	-	-	6,000	-	-40,000	-47,000	-47,000	-52,000	14,000	31,000	38,000	26,000	-15,000	-21,000	16,000	14,000	139,000	124,000	9,000	-51,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension funding
-	-	-	-	-	-41,000	-39,000	-38,000	-38,000	-37,000	-38,000	-38,000	-40,000	-41,000	-42,000	-48,000	-47,000	-48,000	-48,000	-45,000	-47,000	-48,000	-65,000	-66,000	-59,000	-54,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Retainage payable
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Subcontractor advances
-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net settlement of derivative contracts
-	-	-	-	-	-	-	-	-8,000	-	-3,000	5,000	7,000	9,000	12,000	8,000	12,000	44,000	82,000	85,000	77,000	40,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	82,000	108,000	59,000	72,000	0	0	0
Changes in operating assets and liabilities
9,000	84,000	63,000	32,000	-14,000	7,000	150,000	160,000	171,000	148,000	-74,000	-98,000	-76,000	-68,000	23,000	28,000	-15,000	-17,000	-100,000	-135,000	-123,000	-115,000	4,000	-7,000	7,000	-6,000	-77,000	-43,000	-57,000	-83,000	-40,000	-37,000	-64,000	-3,000	-77,000	-78,000	-79,000	-127,000	161,000	216,000	302,000	247,000	0	0	0
Total cash flows provided by operating activities
249,000	256,000	328,000	282,000	343,000	165,000	-9,000	-53,000	178,000	193,000	291,000	283,000	-33,000	61,000	140,000	174,000	134,000	47,000	-93,000	11,000	79,000	170,000	394,000	414,000	373,000	297,000	234,000	100,000	156,000	142,000	327,000	372,000	318,000	650,000	320,000	340,000	779,000	549,000	532,000	404,000	131,000	-36,000	0	0	0
Cash flows from investing activities:
Purchases of property, plant and equipment
20,000	20,000	12,000	12,000	10,000	17,000	17,000	13,000	14,000	8,000	9,000	11,000	11,000	11,000	10,000	12,000	12,000	10,000	15,000	23,000	39,000	53,000	67,000	72,000	73,000	78,000	79,000	82,000	79,000	75,000	70,000	69,000	73,000	83,000	93,000	94,000	78,000	66,000	58,000	44,000	48,000	41,000	0	0	0
Payments to Acquire Equity Method Investments
76,000	146,000	233,000	313,000	342,000	344,000	257,000	162,000	72,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-3,000	-4,000	-4,000	0	11,000	9,000	16,000	16,000	12,000	0	0	0	-	-	0	0
Proceeds from sale of assets or investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	127,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of businesses, net of cash acquired
9,000	0	0	0	0	-	-	-	-	4,000	-2,000	887,000	887,000	911,000	911,000	22,000	22,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to cash due to consolidation of Aspire entities
-	-	-	-	-	197,000	197,000	197,000	205,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in licensing arrangement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000	0	0	0	-	-	0	0
Proceeds from sale of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Other
0	-	-	-	0	-	-	-	1,000	2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cash flows used in investing activities
-100,000	-158,000	-211,000	-290,000	-685,000	-491,000	-436,000	-341,000	114,000	-12,000	-63,000	-957,000	-957,000	-981,000	-869,000	55,000	77,000	101,000	41,000	0	-30,000	-44,000	-49,000	-53,000	-57,000	-62,000	52,000	49,000	47,000	52,000	-61,000	-61,000	-69,000	-88,000	-391,000	-399,000	-393,000	-397,000	-72,000	-52,000	-42,000	-9,000	0	0	0
Cash flows from financing activities:
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	0	2,000	4,000	3,000	4,000	4,000	3,000	0	0	0	-	-	-	-	-	-	-	-
Borrowings on revolving credit agreement
-	-	-	-	-	250,000	250,000	250,000	70,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings on long-term debt
113,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on revolving credit agreement
-	-	-	-	-	720,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on short-term and long-term borrowings
320,000	70,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	12,000	12,000	16,000	14,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
3,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of remaining ownership interest in joint ventures
-	-	-	-	-	56,000	56,000	56,000	6,000	0	0	0	0	-	-	-	-	40,000	40,000	40,000	40,000	0	0	0	0	-	-	-	-	-	-	-	-	178,000	0	0	0	-	-	-	-	-	-	-	-
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	4,000	1,000	1,000	4,000	9,000	16,000	25,000	27,000	28,000	33,000	40,000	49,000	61,000	0	0	0	-	-	0	0	-	15,000	24,000	31,000	63,000	111,000	107,000	121,000	91,000	61,000	75,000	44,000	54,000	0	0	0
Payments of dividends to shareholders
46,000	46,000	44,000	44,000	44,000	44,000	45,000	45,000	44,000	45,000	46,000	46,000	47,000	46,000	46,000	47,000	46,000	47,000	47,000	46,000	47,000	47,000	47,000	48,000	48,000	36,000	39,000	34,000	30,000	37,000	29,000	30,000	29,000	30,000	31,000	31,000	32,000	32,000	32,000	32,000	32,000	32,000	0	0	0
Net proceeds from issuance of common stock
6,000	5,000	3,000	3,000	3,000	2,000	0	0	0	-	-	-	-	-	-	-	-	1,000	1,000	1,000	1,000	4,000	5,000	6,000	8,000	6,000	7,000	8,000	7,000	7,000	5,000	5,000	6,000	7,000	0	0	0	-	-	-	-	-	-	-	-
Payments to reacquire common stock
5,000	4,000	4,000	3,000	4,000	3,000	4,000	4,000	53,000	53,000	54,000	54,000	4,000	4,000	42,000	47,000	48,000	62,000	26,000	27,000	66,000	106,000	102,000	97,000	57,000	7,000	11,000	21,000	39,000	40,000	58,000	106,000	123,000	118,000	112,000	212,000	234,000	233,000	221,000	110,000	48,000	31,000	0	0	0
Return of cash collateral on letters of credit, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,000	18,000	20,000	16,000	28,000	-7,000	-7,000	-27,000	-44,000	0	0	0
Other
-3,000	-5,000	-3,000	-4,000	-3,000	-1,000	0	0	0	-	-	-	0	-	-	-	-	-	-	-	0	1,000	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total cash flows used in financing activities
-271,000	-133,000	5,000	104,000	586,000	654,000	534,000	443,000	-224,000	-290,000	-288,000	361,000	587,000	584,000	536,000	-132,000	-135,000	-192,000	-160,000	-161,000	-201,000	-210,000	-243,000	-226,000	-217,000	-148,000	-131,000	-136,000	-116,000	-116,000	-121,000	-178,000	-190,000	-377,000	-402,000	-501,000	-539,000	-336,000	-332,000	-190,000	-124,000	-166,000	0	0	0
Effect of exchange rate changes on cash
-20,000	8,000	-22,000	-4,000	-22,000	-28,000	-19,000	-21,000	8,000	12,000	2,000	0	-11,000	-11,000	-6,000	-24,000	-10,000	-43,000	-68,000	-88,000	-86,000	-52,000	-13,000	34,000	-7,000	-34,000	-42,000	-37,000	-20,000	9,000	11,000	-21,000	-10,000	-5,000	-12,000	37,000	33,000	7,000	5,000	-26,000	0	7,000	0	0	0
Decrease in cash and equivalents
-142,000	-27,000	100,000	92,000	222,000	300,000	70,000	28,000	76,000	-97,000	-58,000	-313,000	-414,000	-347,000	-199,000	73,000	66,000	-87,000	-280,000	-238,000	-238,000	-136,000	89,000	169,000	92,000	53,000	113,000	-24,000	67,000	87,000	156,000	112,000	49,000	180,000	-485,000	-523,000	-120,000	-177,000	133,000	136,000	-35,000	-204,000	0	0	0
Cash increase due to consolidation of a variable interest entity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22,000	0	0	0	-	-	0	0
Supplemental disclosure of cash flows information:
Cash paid for interest
-	-	-	-	-	52,000	39,000	28,000	18,000	21,000	21,000	19,000	16,000	12,000	9,000	9,000	9,000	10,000	10,000	10,000	11,000	11,000	12,000	12,000	12,000	12,000	12,000	13,000	13,000	15,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes (net of refunds)
-	-	-	-	-	21,000	36,000	35,000	145,000	144,000	146,000	143,000	45,000	49,000	41,000	34,000	45,000	66,000	80,000	96,000	36,000	37,000	33,000	47,000	139,000	127,000	113,000	109,000	84,000	81,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Noncash financing activities
Other assets change for payments made on our behalf by former parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-219,000	-210,000	-205,000	-200,000	22,000	0	0	0	-	-	-	-	130,000	178,000	178,000	190,000	417,000	0	0	0
Other liabilities change for payments made on our behalf by former parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	219,000	210,000	205,000	200,000	-22,000	0	0	0	-	-	-	-	-130,000	-178,000	-178,000	-190,000	-417,000	0	0	0
Dividends declared
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0