LEAR CORP LEA Cash Flow

Lear corp (LEA)

CashFlow / Quarterly

Apr'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jul'17	Apr'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
Cash Flows from Operating Activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
83,600	144,000	238,600	202,000	246,100	242,800	274,700	355,000	374,200	420,400	315,000	327,000	318,500	248,500	235,000	294,500	262,500	252,900	193,300	192,900	156,700	268,000	147,900	157,800	128,600	79,900	116,700	142,300	116,900	890,100	128,100	154,600	144,400	113,900	108,100	185,700	162,700	123,800	98,500	165,300	73,800	-7,700
Adjustments to reconcile consolidated net income to net cash provided by operating activities:
Deferred tax (benefit) provision
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,400
Depreciation, Depletion and Amortization
130,500	129,500	128,500	128,300	123,600	122,600	119,800	121,800	120,200	114,500	111,700	104,600	96,900	94,800	98,700	94,500	90,200	90,400	88,000	84,900	84,500	78,300	79,900	78,200	74,500	77,200	72,900	69,000	66,400	65,900	63,300	56,600	53,700	57,000	63,500	64,300	61,500	61,600	58,700	57,100	58,500	39,800
Equity in net income of affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,900
Gain (Loss) on Extinguishment of Debt
-21,100	0	0	-10,600	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	8,000
Net change in recoverable customer engineering, development and tooling
-45,500	41,000	-13,900	-44,200	-15,300	62,900	-4,700	-26,300	22,500	-16,700	-29,300	-15,500	7,400	-19,000	-17,500	14,400	5,200	-25,600	-10,300	-14,100	-7,800	12,000	-19,200	6,500	8,300	20,400	-30,500	-6,700	20,000	29,900	-10,500	-19,400	-36,700	22,600	-47,500	-1,800	15,300	-	-	-	-2,000	-11,000
Net change in working capital items (see below)
23,200	-136,500	-30,800	-94,700	287,500	-209,900	138,600	-62,400	252,600	-103,500	51,000	-165,300	145,300	-85,100	46,900	-127,400	77,500	-223,400	7,500	-186,300	344,200	-181,500	-1,200	36,100	286,800	-149,500	-4,500	2,600	159,600	-118,300	-14,700	22,500	159,300	-99,700	-30,600	47,400	89,200	-103,200	5,900	-37,900	86,900	-291,200
Changes in other long-term liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-35,900
Changes in other long-term assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,700
Other, net
55,800	62,700	-40,600	12,900	-15,300	45,700	16,700	4,000	-27,500	27,800	-28,600	-15,000	1,400	-14,200	7,000	-1,800	8,200	-64,600	14,500	24,600	44,200	-67,400	26,900	22,800	21,200	-4,900	600	-400	20,100	-18,000	5,300	-13,700	2,100	-8,900	900	5,900	3,900	76,400	-33,200	-43,800	4,100	23,600
Net cash provided by operating activities
222,300	485,000	343,400	404,300	51,600	758,200	267,900	516,900	236,800	598,800	339,000	566,400	278,900	525,400	276,300	529,000	288,600	585,100	278,000	474,600	-66,600	516,100	236,700	229,200	-54,200	390,500	164,200	201,600	63,800	369,100	200,900	155,600	4,200	273,800	155,600	206,700	154,200	237,800	118,100	227,100	38,900	324,000
Cash Flows from Investing Activities:
Payments to Acquire Property, Plant, and Equipment
109,100	193,800	150,800	136,500	122,800	184,300	160,500	169,400	162,800	164,300	156,200	153,200	120,800	228,000	118,600	93,600	88,100	158,100	114,800	114,100	98,800	143,900	91,700	92,700	96,400	131,400	102,800	127,700	98,700	157,800	120,100	110,100	70,300	81,800	91,500	85,700	70,500	78,000	38,900	41,600	34,800	41,300
Insurance proceeds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7,100	7,800	6,900	3,500	1,000	-	-	-	-	-	-	-	-	-
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	33,900	0	-8,000	473,300	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net proceeds from disposition of businesses and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,000
Other, net
-19,000	-10,700	7,600	6,100	-6,200	-2,000	-6,600	-200	25,300	-1,400	-22,400	-2,400	7,900	4,700	-1,300	-52,300	1,800	-30,300	18,900	-400	-7,900	-3,100	-5,900	900	14,000	-8,900	-100	10,700	-51,300	1,800	1,000	7,000	-4,900	100	-2,200	-35,700	6,600	900	500	1,500	-4,100	2,200
Net cash used in investing activities
-90,100	-183,100	-159,200	-463,500	-116,600	-182,300	-153,900	-169,200	-188,100	-168,500	-133,800	-437,600	-128,700	-388,600	-117,300	-41,300	-89,900	-161,700	-133,700	-105,700	-564,200	-490,800	-85,800	-93,600	-110,400	-122,500	-102,700	-138,400	-40,300	-151,800	-114,200	-357,500	-64,400	-78,400	-89,300	-58,400	-77,100	-78,900	-39,400	-43,100	-30,700	-39,500
Cash Flows from Financing Activities:
Revolving credit facility borrowings
1,000,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
New credit agreement borrowings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	500,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Long-term Lines of Credit
3,100	-	0	1,500	1,600	-	1,600	1,600	1,500	-	-	9,400	6,200	-	6,200	6,300	3,100	-	3,100	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings, net
9,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short-term borrowings, net
-	-	-	-	4,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from the issuance of senior notes
669,100	0	0	693,300	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	650,000	0	0	325,000	0	0	0	500,000	-	-	-	-	-	-	-	-	0	0	0	694,500	-
Redemption of senior notes
667,100	0	0	333,700	0	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,000	0	0	0	327,100	0	0	0	72,100	-	-	-	-	-	-	-	-	-	-	-	-	-
Other long-term debt repayments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-1,100	-100	-3,100	-4,400	-1,700	-1,900
Short-term borrowings (repayments), net
-	-	-	-	-	1,700	5,600	0	0	-1,700	-2,300	-6,300	1,400	200	3,700	2,600	2,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	200	-2,600	-1,100	-500	-200	-19,900	-19,500	5,600	6,600
First lien credit agreement repayments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	375,000	-
Second lien credit agreement repayments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	550,000	-
Payments of Debt Issuance Costs
6,900	0	200	6,300	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	14,300	0	0	3,800	0	0	0	13,400	-	-	-	-	-	-	-	-	0	0	1,300	16,300	-
Payments for Repurchase of Common Stock
70,000	25,000	83,200	154,300	122,200	216,800	203,400	139,300	145,400	118,300	92,500	124,100	115,600	101,100	190,600	212,400	154,700	104,400	148,200	122,400	112,400	152,000	103,400	156,000	0	0	0	800,000	200,100	50,200	50,100	70,000	52,500	84,900	94,200	72,600	27,400	-	-	-	-	-
Dividends paid to Lear Corporation stockholders
47,800	45,200	45,500	46,100	49,500	44,200	45,400	46,000	50,700	33,300	33,700	34,000	36,700	20,700	21,100	21,700	25,300	18,500	18,900	19,100	22,000	15,700	16,000	16,100	17,500	13,600	15,200	13,400	16,200	13,700	13,300	13,800	13,800	12,800	12,600	12,900	12,800	-	-	-	-	-
Dividends paid to noncontrolling interests
0	45,300	2,400	-100	31,300	14,800	0	45,100	19,200	38,900	15,000	1,200	26,500	18,500	500	14,300	0	11,600	4,300	11,800	100	8,400	10,700	1,000	5,800	10,600	18,600	10,900	3,900	18,800	0	1,100	3,200	0	300	8,200	10,000	-	-	-	-	7,000
Accrued liabilities and other
-14,100	-5,200	-4,700	-22,000	-34,900	-1,600	-1,300	-2,500	-55,800	-2,200	1,700	-16,600	-41,700	-27,100	-800	-300	-51,000	5,400	-5,000	-2,600	-46,000	1,200	-1,000	-17,100	-21,100	-800	-400	-4,200	-5,100	-8,100	-17,400	5,200	-3,200	-10,300	-1,800	-200	-1,400	-9,700	-4,500	700	400	32,500
Net cash provided by (used in) financing activities
850,600	-125,400	-131,200	129,400	-234,700	-277,300	-246,100	-234,500	-272,600	-196,200	-128,900	-191,600	-225,300	-173,500	-215,500	-252,400	-231,500	-135,400	-179,500	-155,900	314,500	210,800	-131,100	-190,200	-50,300	-25,000	-34,200	-828,500	189,200	-90,800	-152,900	-79,700	-72,700	-107,800	-111,500	-99,800	-53,200	-12,300	-36,800	-29,100	-242,500	30,200
Effect of foreign currency translation
-31,300	10,600	-20,600	-200	800	-3,700	-9,800	-40,900	18,000	12,600	10,700	19,800	13,200	-33,300	3,400	-14,700	10,300	-14,200	-9,900	6,700	-29,600	-14,700	-12,200	300	-3,400	10,700	15,600	5,100	-13,600	6,100	3,400	-16,900	9,500	-9,800	-49,500	15,600	29,100	-6,000	51,300	-35,000	-19,300	-15,100
Net Change in Cash, Cash Equivalents and Restricted Cash
951,500	187,100	32,400	70,000	-298,900	294,900	-141,900	72,300	-205,900	246,700	87,000	-43,000	-61,900	-70,000	-53,100	220,600	-22,500	273,800	-45,100	219,700	-345,900	221,400	7,600	-54,300	-218,300	253,700	42,900	-760,200	199,100	132,600	-62,800	-298,500	-123,400	77,800	-94,700	64,100	53,000	140,600	93,200	119,900	-253,600	299,600
Changes in Working Capital Items:
Accounts receivable
-415,600	-397,300	-30,700	-48,500	592,700	-403,900	-91,300	-196,300	460,700	-165,400	-134,100	-111,900	526,600	-263,900	113,000	-83,300	410,500	-307,000	-97,600	-99,100	677,100	-294,000	-141,200	39,400	754,500	-327,700	92,800	42,100	432,400	-165,300	-122,400	-57,600	456,800	-176,800	-108,200	2,400	448,400	-150,800	-29,600	890,000	-418,300	337,000
Inventories
113,800	-54,400	81,200	34,300	8,000	-85,000	48,300	34,200	35,000	-38,700	72,700	6,600	35,400	-33,800	47,500	-2,000	41,800	-80,300	51,000	15,700	9,500	-20,700	49,200	10,100	52,600	-19,800	42,600	2,900	76,300	-39,600	6,900	24,600	68,100	-61,600	78,300	26,500	57,800	-23,500	52,500	137,800	-60,000	27,200
Accounts payable
-247,600	-214,300	12,500	-43,300	239,600	-166,100	-186,300	-74,800	227,900	-50,300	-144,700	15,600	374,700	-46,000	1,900	-39,100	240,800	-27,000	-138,600	-36,400	278,200	-27,800	-133,700	-56,400	449,200	-130,600	18,700	13,200	288,200	-49,200	-106,000	19,900	309,900	-155,600	-13,300	42,600	343,000	3,700	-22,800	45,600	291,900	-10,200
Accrued liabilities and other
77,400	100,900	-68,800	-123,800	-73,600	112,900	-4,700	24,900	-15,200	50,300	-32,300	-44,400	-42,000	166,600	-111,700	-81,200	-134,000	136,900	-84,500	-139,300	-64,200	105,400	-42,900	-69,800	-71,100	67,400	-121,200	-29,200	-60,900	37,400	-5,200	75,400	-55,700	-16,900	-14,000	-86,900	74,000	-	-	-	-	-83,200
Net change in working capital items
23,200	-	-	-	287,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99,500	-
Increase (Decrease) in Other Operating Assets and Liabilities, Net
23,200	-136,500	-30,800	-94,700	287,500	-209,900	138,600	-62,400	252,600	-103,500	51,000	-165,300	145,300	-85,100	46,900	-127,400	77,500	-223,400	7,500	-186,300	344,200	-181,500	-1,200	36,100	286,800	-149,500	-4,500	2,600	159,600	-118,300	-14,700	22,500	159,300	-99,700	-30,600	47,400	89,200	-103,200	5,900	-37,900	86,900	-291,200
Supplementary Disclosure:
Cash paid for interest
34,500	19,200	34,400	7,200	43,600	3,400	43,500	4,600	45,600	2,400	46,500	2,500	42,600	3,500	41,200	3,200	40,900	3,500	46,200	3,700	32,200	2,100	32,100	900	35,600	900	35,200	1,600	26,500	-200	28,300	1,500	28,800	2,600	28,900	200	28,200	300	26,800	800	29,100	500
Net change in working capital items
23,200	-	-	-	287,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	99,500	-
Cash paid for income taxes, net of refunds received
35,800	38,400	24,500	67,600	41,600	54,100	66,100	95,400	63,600	59,100	69,200	90,600	65,100	86,000	43,200	67,000	41,400	76,800	32,200	69,500	40,200	21,500	38,200	54,700	40,200	31,500	44,800	48,200	28,400	-	-	-	-	-	-	-	-	-	-	-	-	4,300
Non-cash Investing Activities:
Cash restricted for use - acquisition of Eagle Ottawa
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	350,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash Financing Activities:
Cash restricted for use - repurchase of senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	250,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	17,800	28,800	13,300	-	11,000	39,700	10,200	-	-	-	5,200	-