| Dec'19 | Dec'18 | Dec'17 | Dec'16 | Dec'15 | Dec'14 | May'12 | May'11 | May'10 | May'09 |
|---|---|---|---|---|---|---|---|---|---|
Cash Flows from Operating Activities | |||||||||
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | |||||||||
-1,090 | 469 | -104 | 301 | 1,001 | 1,030 | 1,930 | 2,513 | 831 | 2,356 |
Adjustments to reconcile net (loss) earnings including noncontrolling interests to net cash provided by operating activities: | |||||||||
Depreciation, depletion and amortization | |||||||||
882 | 883 | 665 | 711 | 739 | 750 | 508 | 447 | 445 | 360 |
Business Combination, Inventory Acquired, Amortization of Fair Value Adjustment | |||||||||
-5 | -49 | 0 | 0 | - | - | - | - | - | - |
Lower of cost or market write-down | |||||||||
- | - | - | - | - | - | - | 0 | 0 | 383 |
Deferred and other income taxes | |||||||||
261 | 101 | -612 | 182 | -47 | 153 | -245 | -196 | -51 | 138 |
Equity in net loss of nonconsolidated companies, net of dividends | |||||||||
-64 | -12 | -34 | -32 | -28 | -4 | 3 | -8 | -12 | 68 |
Accretion expense for asset retirement obligations | |||||||||
62 | 48 | 25 | 40 | 32 | 42 | 32 | 31 | 29 | 34 |
Accretion Expense | |||||||||
18 | 0 | 0 | - | - | - | - | - | - | - |
Share-based compensation expense | |||||||||
27 | 27 | 28 | 30 | 41 | 54 | 23 | 21 | 23 | 22 |
Impairment of goodwill | |||||||||
588 | 0 | 0 | 43 | 7 | 0 | - | 0 | - | - |
Amortization of acquired inventory | |||||||||
- | - | - | - | - | 49 | 0 | - | - | - |
Change in value of share repurchase agreement | |||||||||
- | - | - | - | - | -60 | 0 | 0 | - | - |
(Gain) loss on assets sold and to be sold | |||||||||
- | - | - | - | - | - | 0 | - | - | - |
Unrealized (gain) loss on derivatives | |||||||||
59 | -58 | -8 | 70 | -33 | -34 | -45 | 21 | 103 | -166 |
Colonsay and Plant City Closure Costs | |||||||||
871 | 0 | 0 | - | - | - | - | - | - | - |
Carlsbad restructuring expense | |||||||||
- | - | - | - | - | 125 | 0 | - | - | - |
Gain on sale of equity investment | |||||||||
- | - | - | - | - | - | - | 685 | 0 | 673 |
Proceeds from Saskferco note receivable | |||||||||
- | - | - | - | - | - | - | - | - | 51 |
Excess tax benefit related to stock option exercises | |||||||||
- | - | - | - | - | - | - | - | 3 | 6 |
Loss (gain) on disposal of fixed assets | |||||||||
-18 | -63 | 25 | -27 | -26 | 9 | - | - | -15 | - |
Other | |||||||||
2 | -18 | -7 | -18 | -12 | -3 | -31 | -23 | -13 | 0 |
Changes in assets and liabilities, excluding effects of acquisition: | |||||||||
Receivables, net | |||||||||
-34 | -5 | 91 | -3 | 60 | 226 | -118 | 297 | 38 | -335 |
Inventories | |||||||||
-128 | 497 | 155 | -263 | 53 | 129 | -6 | 244 | -92 | 178 |
Other current and noncurrent assets | |||||||||
36 | -86 | 23 | -239 | 82 | -457 | 238 | -23 | -278 | 480 |
Accounts payable and accrued liabilities | |||||||||
-125 | 342 | -65 | -243 | 262 | 136 | - | - | - | - |
Accounts payable | |||||||||
- | - | - | - | - | - | -58 | 240 | 156 | -686 |
Accrued liabilities | |||||||||
- | - | - | - | - | - | -2 | 229 | -387 | -44 |
Other noncurrent liabilities | |||||||||
-20 | 41 | 19 | 45 | 1 | -107 | 66 | -60 | -34 | -190 |
Net cash provided by operating activities | |||||||||
1,095 | 1,409 | 935 | 1,260 | 2,038 | 2,122 | 2,705 | 2,426 | 1,356 | 1,242 |
Cash Flows from Investing Activities | |||||||||
Capital expenditures | |||||||||
1,272 | 954 | 820 | 843 | 1,000 | 929 | 1,639 | 1,263 | 910 | 781 |
Purchases of available-for-sale securities - restricted | |||||||||
557 | 534 | 1,676 | 1,659 | 0 | 0 | - | - | - | - |
Proceeds from sale of available-for-sale securities - restricted | |||||||||
533 | 518 | 1,658 | 1,029 | 0 | 0 | - | - | - | - |
Restricted cash | |||||||||
- | - | - | - | - | 9 | - | - | -22 | 29 |
Proceeds from sale of equity method investment | |||||||||
- | - | - | - | - | - | - | 1,030 | 0 | 745 |
Proceeds from sale of assets | |||||||||
4 | 12 | 300 | 0 | 5 | 81 | 0 | 56 | 17 | 0 |
Payments to acquire businesses, gross | |||||||||
55 | 985 | 0 | 0 | - | 1,725 | 0 | - | - | - |
Proceeds from adjustment to acquisition of business | |||||||||
- | - | - | - | 47 | 0 | - | - | - | - |
Payments to Acquire Equity Method Investments | |||||||||
0 | 0 | 62 | 244 | 227 | 154 | 0 | 385 | 0 | 17 |
Investments in consolidated affiliate | |||||||||
0 | 1 | 49 | 169 | 0 | 0 | - | - | - | - |
Payments to Acquire Held-to-maturity Securities | |||||||||
15 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from Sale of Held-to-maturity Securities | |||||||||
2 | 0 | 0 | - | - | - | - | - | - | - |
Return of investment from nonconsolidated companies | |||||||||
- | - | - | - | 54 | 0 | - | - | - | - |
Other | |||||||||
0 | 0 | 18 | -19 | -1 | 1 | -11 | 10 | -3 | -0 |
Net cash used in investing activities | |||||||||
-1,360 | -1,944 | -667 | -1,866 | -1,118 | -2,739 | -1,627 | -572 | -866 | -81 |
Cash Flows from Financing Activities | |||||||||
Payments of short-term debt | |||||||||
554 | 144 | 601 | 421 | 367 | 220 | 148 | 381 | 334 | 401 |
Proceeds from issuance of short-term debt | |||||||||
591 | 155 | 631 | 397 | 379 | 200 | 167 | 321 | 324 | 366 |
Payments of structured accounts payable arrangements | |||||||||
977 | 762 | 418 | 792 | 395 | 177 | - | - | - | - |
Proceeds from structured accounts payable arrangements | |||||||||
1,124 | 834 | 666 | 433 | 635 | 349 | - | - | - | - |
Payments of long-term debt | |||||||||
48 | 802 | 102 | 769 | 59 | 2 | 542 | 470 | 43 | 108 |
Realized loss on interest rate swap | |||||||||
- | - | - | - | - | - | 0 | 0 | - | - |
Excess tax benefits related to stock option exercises | |||||||||
- | - | - | - | - | - | - | - | 3 | 6 |
Cash dividends paid | |||||||||
67 | 38 | 210 | 385 | 384 | 382 | 119 | 89 | 668 | 88 |
Proceeds from issuance of long-term debt | |||||||||
0 | 39 | 1,251 | 720 | 4 | 812 | 748 | 17 | 2 | 0 |
Payment of tender premium on debt | |||||||||
- | - | - | - | - | - | 17 | 16 | 5 | 0 |
Proceeds from stock option exercises | |||||||||
- | - | - | - | - | - | - | 20 | 12 | 4 |
Contributions by Cargill | |||||||||
- | - | - | - | - | - | 18 | 0 | 0 | - |
Payments of financing costs | |||||||||
0 | 0 | 15 | 0 | 0 | - | 0 | 0 | - | - |
Repurchases of stock | |||||||||
149 | 0 | 0 | 75 | 709 | 2,755 | 1,162 | 0 | 0 | - |
Other | |||||||||
-0 | -5 | -0 | 3 | 3 | 8 | -4 | 12 | -1 | -3 |
Net cash used in financing activities | |||||||||
-82 | -724 | 1,200 | -888 | -893 | -2,168 | -1,061 | -585 | -710 | -224 |
Effect of exchange rate changes on cash | |||||||||
9 | -63 | 14 | 68 | -264 | -133 | -112 | 113 | 40 | -193 |
Net change in cash and cash equivalents | |||||||||
-338 | -1,323 | 1,483 | -1,425 | -237 | -2,918 | -95 | 1,383 | -180 | 742 |