LENNOX INTERNATIONAL INC LII Cash Flow

Lennox international inc (LII)

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
Cash flows from operating activities:
Net income
408,700	359,000	305,700	277,800	186,600	205,800	171,800	90,000	88,300	116,200	51,100	122,800
Net loss from discontinued operations
-	-	-	-	-	-	-8,100	-45,000	-23,200	-9,700	-	-
Adjustments to reconcile net income to net cash used in operating activities:
Loss on sale of business
-10,600	-27,000	-1,100	0	-	-	-	-	-	-	-	-
Insurance recoveries received for property damage incurred from natural disaster
-79,600	-10,900	0	-	-	-	-	-	-	-	-	-
Loss(gain) from natural disaster, net of Insurance recoveries cash received
-	-	-	0	-	-	-	-	-	-	-	-
Income from equity method investments
13,400	12,000	18,400	18,400	13,400	13,800	12,200	10,500	9,600	10,100	7,300	8,600
Dividends from affiliates
12,300	9,600	14,700	14,900	11,000	9,100	10,300	9,300	11,000	12,300	11,300	14,300
Restructuring charges, net of cash paid
6,800	1,300	800	-800	0	200	100	100	-400	-9,900	18,600	600
Goodwill impairment
-	-	-	-	5,500	0	0	-	-	-	0	-
Impairment of assets
-	-	-	-	44,500	0	0	-	-	0	6,400	9,100
Provision for bad debts
4,500	4,700	3,900	2,400	2,800	2,600	3,600	3,900	4,300	4,900	12,600	17,000
Unrealized losses (gains) on derivative contracts
500	-1,300	2,000	700	-800	-300	-300	1,000	-2,900	700	7,000	-5,100
Return of collateral for hedges
-	-	-	-	-	-	-	-	-	-	37,900	-37,900
Stock-based compensation expense
21,300	26,300	24,900	31,700	26,600	23,300	29,300	15,200	13,700	15,400	12,800	11,800
Depreciation and amortization
71,100	66,000	64,600	58,100	62,800	60,800	58,900	55,400	56,600	48,900	52,900	50,600
(Repayments) proceeds from sales of accounts receivable under asset securitization
-	-	-	-	-	-	-	-	-	-	30,000	-30,000
Deferred income taxes
16,600	25,200	43,300	-4,000	-21,300	6,100	3,500	-2,700	0	-8,100	6,700	25,000
Pension expense
106,100	8,800	5,300	37,700	10,600	6,500	1,700	-15,100	-100	4,500	-25,400	-19,500
Pension contributions
1,800	20,600	3,500	53,900	3,900	14,500	-	-	-	-	-	-
Other items, net
400	-5,100	-1,300	-900	-1,000	-100	-4,500	-2,100	-2,800	-2,800	-7,700	-12,800
Changes in assets and liabilities, net of effects of divestitures:
Accounts and notes receivable
33,100	9,900	28,400	50,600	23,500	32,600	49,000	-13,300	3,000	31,300	-41,200	-53,500
Inventories
63,900	84,200	56,400	-300	-28,800	96,700	19,500	55,800	29,600	35,400	-51,800	-14,700
Other current assets
-2,800	200	6,100	-100	1,600	8,300	16,300	1,500	-1,400	3,000	-10,800	-700
Accounts payable
-56,100	102,200	-19,600	40,100	-2,900	46,100	-10,900	37,100	-3,900	27,000	-5,400	-44,000
Accrued expenses
-5,600	5,900	300	36,200	4,200	6,700	15,400	35,800	-41,700	21,800	3,800	-41,500
Income taxes payable / receivable
-1,900	-5,500	-6,700	-100	33,300	-15,900	21,900	18,200	-11,400	18,800	-7,000	-1,700
Leases, net
-2,100	0	0	-	-	-	-	-	-	-	-	-
Other, net
10,500	3,600	-300	-2,200	-1,700	1,000	-4,400	2,200	2,200	12,000	18,000	6,000
Net cash used in discontinued operations
-	-	-	-	-	-	-15,600	-15,200	-26,100	14,000	-	-
Net cash used in operating activities
396,100	495,500	325,100	373,900	353,600	184,800	210,300	221,400	76,200	185,800	225,500	183,200
Cash flows from investing activities:
Proceeds from the disposal of property, plant and equipment
1,300	100	200	200	100	1,100	2,400	100	200	100	600	5,800
Purchases of property, plant and equipment
105,600	95,200	98,300	84,300	69,900	88,400	78,300	50,200	41,400	43,100	58,800	62,100
Net proceeds from sale of business and related property
43,500	114,700	0	0	-	-	8,600	10,100	600	3,600	10,000	-
Acquisition of businesses
-	-	-	-	-	-	-	-	147,700	7,200	-	-
Return of investment
-	-	-	-	-	-	-	-	-	-	900	-
Change in restricted cash
-	-	-	-	-	-	-	-	-12,200	12,200	-	-
Net cash used in discontinued operations
-	-	-	-	-	-	-	-400	-1,700	-2,600	-	-
Payments to Acquire Short-term Investments
2,900	0	0	-	-	-	-	-	-	-	16,900	64,200
Insurance recoveries received for property damage incurred from natural disaster
79,600	10,900	0	-	-	-	-	-	-	-	-	-
Proceeds from sales and maturities of short-term investments
-	-	-	-	-	-	-	-	-	-	50,200	58,700
Net cash used in investing activities
15,900	30,500	-98,100	-84,100	-69,800	-87,300	-67,300	-40,400	-177,800	-61,400	-14,000	-66,500
Cash flows from financing activities:
Repayments of Short-term Debt
5,300	40,300	31,900	-	-	-	-	-	-	-	-	-
Short-term debt proceeds
5,300	40,300	30,400	-	-	-	0	0	-	-	-	-
Short-term borrowings, net
-	-	-	-2,400	-1,700	1,500	2,000	200	3,800	-800	-4,300	1,400
Asset securitization borrowings
184,500	155,000	315,000	145,000	40,000	100,000	330,000	645,000	345,000	0	-	-
Asset securitization payments
167,500	163,000	89,000	295,000	60,000	40,000	200,000	615,000	345,000	0	-	-
Long-term debt borrowings
-	-	-	350,000	0	300,000	-	-	-	-	-	-
Long-term debt payments
6,400	3,000	200,900	58,800	24,000	2,300	1,000	1,100	900	35,900	1,700	36,400
Proceeds from capital lease
-	-	-	-	-	-	-	-	-	-	-	15,300
Issuance of senior unsecured notes
-	-	-	-	-	-	-	-	-	199,800	-	-
Borrowings from credit facility
2,367,000	2,435,900	2,376,500	2,336,500	1,671,000	2,073,500	1,425,500	967,000	1,539,500	981,500	830,500	-
Payments on credit facility
2,269,500	2,395,000	2,265,500	2,346,000	1,807,500	1,908,500	1,543,500	1,075,000	1,396,500	1,058,000	1,013,800	-
Additional investments in affiliates
-	-	-	-	-	-	-	-	-	1,000	-	-
Payments of deferred financing costs
300	0	200	4,200	0	2,200	0	0	2,200	1,800	-	300
Additional investment in subsidiary
-	-	-	-	-	-	500	0	-	-	-	-
Revolver long-term borrowings, net
-	-	-	-	-	-	-	-	-	-	-	-213,500
Proceeds from employee stock purchases
3,300	3,300	3,100	2,600	2,400	2,000	1,800	800	2,500	3,500	9,400	19,700
Payments to Acquire Additional Interest in Subsidiaries
-	-	-	-	-	-	-	-	-	-	-	4,700
Repurchases of common stock
400,000	450,200	250,000	300,000	0	550,300	125,000	50,100	119,700	153,700	5,600	323,800
Repurchases of common stock to satisfy employee withholding tax obligations
24,000	26,900	26,100	33,300	32,000	22,400	12,000	7,800	3,300	-	-	-
Excess tax benefits related to share-based payments
-	-	-	-	-	11,800	6,500	3,500	1,400	5,300	4,900	11,000
Cash dividends paid
110,500	93,900	79,700	69,000	59,300	52,600	34,000	47,600	36,500	32,400	31,100	32,400
Net cash provided by financing activities
-423,400	-537,800	-218,300	-274,600	-271,100	-89,500	-150,200	-180,100	-11,900	-93,500	-211,700	-132,000
Increase (decrease) in cash and cash equivalents
-11,400	-11,800	8,700	15,200	12,700	8,000	-7,200	900	-113,500	30,900	-200	-15,300
Effect of exchange rates on cash and cash equivalents
2,400	-10,100	9,300	-3,900	-11,300	-8,500	-6,600	5,900	-1,500	4,800	2,400	-8,100
Supplemental disclosures of cash flow information:
Cash paid during the year for:
Interest paid
46,800	38,700	32,400	26,300	23,700	17,600	15,700	18,200	17,800	12,400	8,400	17,600
Income taxes paid (net of refunds)
83,000	90,000	119,300	127,400	83,200	105,300	56,800	30,100	49,500	45,500	32,100	41,900
Insurance recoveries received
243,200	124,300	0	0	-	-	-	-	-	-	-	-
Australia, New Zealand and Asia Businesses
Gain (Loss) on Disposition of Business
-	-	-	0	-	-	-	-	-	-	-	-
Brazil Business [Member]
Gain (Loss) on Disposition of Business
-	-	-	0	-	-	-	-	-	-	-	-