LAS VEGAS SANDS CORP. LVS Cash Flow

Las vegas sands corp. (LVS)

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
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
2,509	3,304	2,481	2,511	2,079	2,951	4,352	4,337	4,300	3,263	2,518	2,440	2,195	2,025	1,984	1,996	2,183	2,386	2,688	2,930	3,202	3,588	3,479	3,428	3,247	2,954	2,756	2,391	2,006	1,881	1,834	1,895	2,097	1,883	1,745	1,508	1,098	781	0	0	0
Adjustments to reconcile net income (loss) to net cash generated from (used in) operating activities:
Depreciation, Depletion and Amortization, Nonproduction
1,154	1,165	1,163	1,163	1,148	1,111	1,080	1,061	1,114	1,171	1,232	1,244	1,172	1,111	1,040	1,011	1,005	999	1,005	1,008	1,023	1,031	1,031	1,028	1,015	1,007	1,002	980	949	892	839	813	798	794	780	767	732	694	0	0	0
Amortization Of Leasehold Interests In Land
56	51	46	40	35	35	35	36	36	37	37	38	38	38	38	38	39	39	39	40	40	41	40	40	40	40	40	40	40	40	40	40	40	43	43	42	45	41	0	0	0
Amortization of deferred financing costs and original issue discount
35	33	31	30	32	35	39	41	42	42	42	43	44	44	43	44	44	44	44	45	47	51	54	56	57	56	56	56	53	50	48	46	46	47	46	47	45	41	0	0	0
Amortization of deferred gain on mall sale transactions
5	5	6	5	5	5	4	4	4	4	4	4	4	4	3	3	3	4	4	3	3	4	4	4	4	4	4	4	4	4	4	8	8	8	8	10	7	5	0	0	0
Gain (Loss) On Modification Or Early Retirement Of Debt
-	-	-	-	-	-64	-55	-3	-3	-5	-5	-7	-7	-2	0	0	0	-	-	-	-	-15	-18	-16	-16	-3	0	0	-15	-16	0	0	0	-	-	-	-	-	-	-	-
Non-cash change in deferred proceeds from sale of The Shoppes at The Palazzo
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	0	1	1	1	1	1	1	1	1	1	0	0	0	-	-	-	-	-	-	-	-
Gain on early retirement of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Loss on disposal or impairment of assets
-81	-82	-46	-44	-149	-149	-107	-124	-22	-20	-91	-75	-83	-79	-31	-27	-18	-35	-20	-20	-21	-7	-6	-8	-9	-11	-10	-7	-104	-145	-146	-147	-54	-10	-120	-24	-53	-54	0	0	0
Stock-based compensation expense
33	35	33	33	31	30	31	31	32	34	32	31	31	34	37	39	46	46	46	49	44	48	51	53	54	53	54	59	60	65	65	62	61	62	62	62	63	58	0	0	0
Provision for credit losses
44	30	24	25	25	5	15	33	48	96	111	139	160	173	168	150	143	156	170	168	182	187	198	222	235	237	238	255	251	239	241	202	167	150	117	121	116	97	0	0	0
Foreign exchange (gain) loss
82	21	-20	-8	16	26	22	6	-47	-53	3	25	13	21	-23	-11	-1	21	32	21	25	12	6	-1	5	13	15	15	10	2	0	0	1	0	-8	-18	-12	-6	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	3	4	4	-2	-0	2	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
152	157	910	894	767	113	-1,160	-1,153	-1,153	-497	21	22	13	24	44	52	43	19	15	-12	-3	-3	-18	-11	-16	-4	20	16	11	5	1	13	51	90	110	167	129	99	0	0	0
Changes in operating assets and liabilities:
Non-cash contribution from Principal Stockholder included in corporate expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0
Accounts receivable
-31	150	140	242	181	119	28	-39	-59	-83	-115	-154	-235	-319	-305	-260	-183	-49	59	28	-134	-37	-143	-59	51	209	399	494	686	675	795	811	893	789	616	525	460	332	0	0	0
Other assets
107	63	72	27	15	25	-17	-8	2	-26	18	20	18	36	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Leasehold interests in land
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	50	0	0	0
Inventories
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	2	2	-0	-1	-0	0	2	8	8	5	6	2	5	8	8	4	0	0	0
Prepaid expenses and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	32	8	8	1	-11	6	4	32	29	9	11	-13	9	9	12	17	0	0	0
Accounts payable
-66	-26	22	-12	-6	8	11	47	53	40	18	1	-5	19	25	12	16	-1	-10	-22	-35	-5	-4	-2	-0	13	-34	-13	27	0	45	41	16	-9	2	-28	-0	29	0	0	0
Other liabilities
-486	-53	31	95	35	390	212	360	384	178	238	221	270	237	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued interest payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	-10	-1	-8	-8	3	-4	-17	-9	-6	-16	-10	3	-8	5	23	0	0	0
Income taxes payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	8	17	20	18	-16	11	43	47	77	125	166	111	0	0	0	-	0	0	0
Other accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-45	-62	126	328	381	424	468	458	420	460	369	298	285	165	217	348	0	0	0
Net cash generated from operating activities
1,848	3,038	3,097	3,093	4,124	4,701	4,721	4,938	4,977	4,543	4,435	4,366	4,208	4,044	3,849	3,664	3,523	3,459	3,655	4,023	4,434	4,833	4,896	4,806	4,686	4,439	4,045	3,663	3,275	3,057	2,906	2,999	2,911	2,662	2,591	2,313	2,005	1,870	0	0	0
Change in restricted cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	1	9	1	1	1	1	0	-0	-0	-0	0	-0	-0	-0	-0	-213	-437	-654	-804	-738	344	355	688	0	0	0
Payments to Acquire Property, Plant, and Equipment
1,296	1,216	1,082	986	951	949	868	873	873	837	887	1,072	1,257	1,398	1,519	1,515	1,504	1,529	1,498	1,371	1,294	1,179	1,091	1,030	952	898	985	1,107	1,248	1,449	1,483	1,523	1,574	1,508	1,461	1,617	1,818	2,023	0	0	0
Proceeds from disposal of property and equipment
6	5	7	10	15	19	26	24	19	15	3	2	3	5	5	5	3	2	1	1	1	2	33	31	32	32	1	3	2	2	2	3	3	6	49	48	50	49	0	0	0
Payments to Acquire Intangible Assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-
Purchases of investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	173	0	0	0
Net cash used in investing activities
-182	-103	32	131	-936	-930	-842	-849	-854	-822	-883	-1,069	-1,292	-1,440	-1,561	-1,558	-1,510	-1,528	-1,498	-1,370	-1,294	-1,177	-1,057	-998	-965	-912	-1,029	-1,149	-1,244	-1,445	-1,267	-1,082	-916	-698	-674	-1,742	-1,995	-2,707	0	0	0
Cash flows from financing activities:
Proceeds from exercise of stock options
56	54	45	48	39	79	86	94	89	40	44	31	21	17	8	10	11	17	20	18	30	56	71	91	89	69	62	43	36	46	33	36	38	25	32	26	24	16	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	3	4	4	-2	-0	2	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
580	754	884	1,084	1,004	905	550	325	300	375	300	225	150	0	0	0	0	-	-	-	-	1,677	1,789	1,700	1,295	561	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid and noncontrolling interest payments
3,008	3,000	2,997	2,996	2,980	2,979	2,976	2,966	2,956	2,943	2,938	2,933	2,933	2,924	2,880	3,133	2,760	2,707	2,574	2,147	2,298	2,387	2,273	2,160	1,983	1,564	3,746	3,663	3,554	3,442	990	804	439	75	81	85	89	93	0	0	0
Proceeds from exercise of warrants
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	528	531	532	532	12	0	0	0	-	-	-	-
Distributions to noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	13	-	12	12	11	10	11	11	12	11	10	10	10	10	0	0	0	-	-	-	-	-	-	-	-
Proceeds from long-term debt (Note 4)
-	-	-	-	-	7,593	7,593	2,093	598	654	690	1,689	2,251	2,296	2,589	1,890	2,439	2,089	2,009	2,099	1,178	2,498	5,076	4,960	4,502	3,183	0	0	0	-	-	-	-	-	-	-	-	1,397	0	0	0
Repayments of long-term debt
3,526	3,536	3,543	4,916	4,930	5,178	5,183	921	912	858	852	1,740	1,788	1,987	1,987	1,325	2,192	2,398	2,438	2,390	1,913	2,117	4,844	4,120	4,006	3,513	728	705	4,428	4,399	7,292	7,423	3,484	3,300	475	1,595	1,875	2,600	0	0	0
Payments of financing costs
135	132	166	93	103	132	93	39	29	5	7	38	38	33	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-
Payments of preferred stock inducement premium
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	0	0	0	-	-	-	-
Payments of deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	88	123	92	92	35	0	0	100	100	0	0	0	-	-	-	-	65	0	0	0
Net cash used in financing activities
-3,193	-3,368	-4,045	-3,541	-1,634	-1,522	-1,123	-2,064	-3,510	-3,487	-3,363	-3,216	-2,634	-2,631	-2,359	-2,692	-2,721	-3,216	-3,377	-3,072	-3,984	-3,721	-3,895	-3,034	-2,794	-2,432	-3,552	-3,542	-3,719	-3,045	-1,878	-1,866	-1,090	-1,093	-393	-666	-675	-1,127	0	0	0
Effect of exchange rate on cash, cash equivalents and restricted cash
-3	14	-37	-14	-46	-18	17	20	61	58	25	3	-20	-22	6	-6	-1	-42	-71	-53	-52	-29	-4	5	-2	-7	0	21	12	43	33	-7	17	-5	33	55	47	46	0	0	0
Decrease in cash, cash equivalents and restricted cash
-1,530	-419	-953	-331	1,508	2,231	2,773	2,045	674	292	214	84	262	-49	-65	-593	-710	-1,327	-1,291	-473	-896	-94	-62	778	923	1,087	-536	-1,007	-1,676	-1,389	-206	42	922	865	1,556	-39	-617	-1,918	0	0	0
Supplemental disclosure of cash flow information:
Cash payments for interest, net of amounts capitalized
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	208	221	243	246	235	251	245	237	0	0	0
Cash payments for taxes, net of refunds
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	100	56	2	-5	-4	-4	-4	1	0	0	0
Change in construction payables
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	16	-87	-166	-157	-215	-371	-295	-261	0	0	0
Capitalized stock-based compensation costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	-0	0	0	1	2	2	2	0	0	0
Change in dividends payable on unvested restricted stock and stock units included in other accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-	-	-	-	-	-	-
Change in common stock repurchase payable included in other accrued liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-
Property and equipment acquired under capital lease
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	3	0	0	0
Accumulated but undeclared dividend requirement on preferred stock issued to Principal Stockholder's family
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	6	6	6	0	0	0
Accretion to redemption value of preferred stock issued to Principal Stockholders family
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	80	92	92	92	92	0	0	0
Warrants exercised and settled through tendering of preferred stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	68	0	0	0	-	-	-	-