MERITOR, INC. MTOR Cash Flow

Meritor, inc. (MTOR)

CashFlow / Quarterly

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
OPERATING ACTIVITIES
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
242,000	41,000	-	-	74,000	92,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
1,000	0	-	-	-1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
241,000	41,000	-	-	75,000	92,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Adjustments to income from continuing operations to arrive at cash provided by operating activities:
Depreciation and amortization
26,000	24,000	-	-	21,000	22,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax expense (benefit)
-7,000	3,000	-	-	13,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring costs
10,000	5,000	-	-	-1,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income (Loss) from Equity Method Investments
6,000	6,000	-	-	6,000	9,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and retiree medical income
-11,000	-10,000	-	-	-10,000	-9,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asbestos related liability remeasurement
0	0	-	-	0	31,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other adjustments to income from continuing operations
2,000	-3,000	-	-	-3,000	-5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends received from equity method investments
0	0	-	-	0	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and retiree medical contributions
4,000	3,000	-	-	5,000	3,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring payments
8,000	7,000	-	-	0	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in off-balance sheet accounts receivable securitization and factoring programs
13,000	7,000	-	-	-16,000	38,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in receivables, inventories and accounts payable
-23,000	31,000	-	-	39,000	52,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in other current assets and liabilities
-21,000	-28,000	-	-	7,000	-40,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in other assets and liabilities
-54,000	16,000	-	-	2,000	4,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating cash flows provided by continuing operations
308,000	-18,000	-	-	40,000	12,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating cash flows used for discontinued operations
1,000	-1,000	-	-	0	-1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
CASH PROVIDED BY OPERATING ACTIVITIES
309,000	-19,000	62,000	143,000	40,000	11,000	60,000	119,000	39,000	33,000	40,000	106,000	44,000	-14,000	60,000	105,000	44,000	-5,000	-25,000	93,000	38,000	-9,000	112,000	85,000	22,000	-4,000	-23,000	36,000	-18,000	-91,000	55,000	68,000	-51,000	5,000	60,000	25,000	5,000	-49,000	72,000	47,000	65,000	27,000
INVESTING ACTIVITIES
Capital expenditures
17,000	16,000	40,000	19,000	21,000	23,000	52,000	17,000	17,000	18,000	43,000	12,000	23,000	17,000	27,000	19,000	25,000	22,000	34,000	22,000	11,000	12,000	38,000	14,000	13,000	12,000	23,000	8,000	8,000	15,000	24,000	22,000	18,000	25,000	37,000	26,000	23,000	19,000	22,000	9,000	37,000	-13,000
Proceeds from Sale of Equity Method Investments
-	-	-	-	-	-	0	0	0	250,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for investment in Transportation Power, Inc.
-	0	-	-	-	3,000	0	3,000	0	3,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
-9,000	0	-	-	-1,000	1,000	-	-	-	0	-	-	-	-	0	0	-2,000	-1,000	0	-4,000	0	0	-	-	-	-	-	-	-	-	0	-5,000	4,000	-2,000	-1,000	0	2,000	-3,000	0	-2,000	-4,000	1,000
Net investing cash flows provided by (used for) continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24,000	-17,000	-4,000	-23,000	-36,000	-26,000	-25,000	-16,000	-22,000	-7,000	-9,000	-12,000
Net investing cash flows provided by discontinued operations
-	-	-	-	-	-	-	-	-	-	0	0	0	2,000	0	0	1,000	3,000	0	0	4,000	0	-	-	-	-	-	-	-	-	0	0	17,000	11,000	-3,000	5,000	-65,000	-6,000	-7,000	-5,000	2,000	-4,000
CASH USED FOR INVESTING ACTIVITIES
-21,000	-16,000	-219,000	-5,000	-20,000	-27,000	-51,000	-54,000	-13,000	229,000	-77,000	-12,000	-23,000	-15,000	-27,000	-19,000	-22,000	-18,000	-50,000	-18,000	-7,000	-12,000	-34,000	-14,000	-10,000	-12,000	161,000	-7,000	-2,000	-15,000	-24,000	-17,000	13,000	-12,000	-39,000	-21,000	-90,000	-22,000	-29,000	-12,000	-7,000	-16,000
FINANCING ACTIVITIES
Borrowings and securitization
-	-	-	-	-	-	-	-29,000	-9,000	-51,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Securitization
-	72,000	-	-	-	33,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Borrowings against revolving line of credit
239,000	65,000	-	-	-45,000	45,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	304,000	4,000	-	191,000	3,000	233,000	-	1,000	84,000	0	-	-	-	-	-	-	-	-
Proceeds from Issuance of Long-term Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	275,000	0	225,000	0	100,000	0	0	-	-	-	-	-	-	-	-
Term loan payments
1,000	3,000	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of notes and term loan
-	-	-	-	-	-	-181,000	0	0	181,000	408,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	6,000	1,000	5,000	0	12,000	0	0	-	-	-	-	-	-	-	-
Other financing activities
-1,000	0	-	-1,000	0	-1,000	-	-1,000	-1,000	-1,000	-	-1,000	-7,000	-4,000	-	-13,000	-3,000	1,000	-	-1,000	-2,000	-4,000	-	-3,000	10,000	3,000	-	8,000	1,000	1,000	-	0	0	0	-	-	-	-	-	-	-	-
Payments on revolving credit facility, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-35,000	7,000
Borrowings on accounts receivable securitization program, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,000
Other financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,000	0	-1,000	-1,000
Net change in debt
261,000	134,000	183,000	-104,000	-49,000	77,000	44,000	-30,000	-10,000	-233,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,000	-18,000	-51,000	8,000
Repurchase of common stock
141,000	100,000	25,000	21,000	0	50,000	37,000	30,000	33,000	0	-	-	-	-	0	38,000	0	43,000	25,000	14,000	16,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Net financing cash flows provided by continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,000	-19,000	113,000	8,000
Net financing cash flows used for discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-2,000	-10,000
CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES
120,000	34,000	158,000	-125,000	-49,000	27,000	7,000	-60,000	-43,000	-233,000	-106,000	-1,000	-11,000	-4,000	-1,000	-51,000	-58,000	-42,000	-67,000	63,000	-34,000	-4,000	-130,000	-3,000	-78,000	-1,000	-47,000	86,000	-3,000	-12,000	-1,000	68,000	-65,000	0	0	0	4,000	2,000	7,000	-19,000	111,000	-2,000
EFFECT OF CHANGES IN FOREIGN CURRENCY EXCHANGE RATES ON CASH AND CASH EQUIVALENTS
-8,000	1,000	-4,000	0	0	1,000	-1,000	-5,000	1,000	-1,000	0	0	3,000	-2,000	-1,000	0	2,000	0	-10,000	0	-4,000	-8,000	-4,000	2,000	-1,000	-1,000	-1,000	-4,000	1,000	0	1,000	-2,000	1,000	1,000	-5,000	2,000	0	2,000	4,000	-1,000	0	1,000
CHANGE IN CASH AND CASH EQUIVALENTS
400,000	0	-3,000	13,000	-29,000	12,000	15,000	0	-16,000	28,000	-143,000	93,000	13,000	-35,000	31,000	35,000	-34,000	-65,000	-152,000	138,000	-7,000	-33,000	-56,000	70,000	-67,000	-18,000	90,000	111,000	-22,000	-118,000	31,000	117,000	-102,000	-6,000	16,000	6,000	-81,000	-67,000	54,000	15,000	169,000	10,000