| 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash provided by (used in) operating activities: | ||||||||||||||||||||
Net income (loss) | ||||||||||||||||||||
206,300 | 183,700 | 181,500 | 173,300 | 168,700 | 181,800 | 187,700 | 174,400 | 158,000 | 145,200 | 108,900 | 65,600 | 55,700 | 44,400 | 41,000 | 70,600 | 71,800 | 84,300 | 0 | 0 | 0 |
Adjustments to reconcile net income (loss) to cash provided by (used in) operating activities: | ||||||||||||||||||||
Depreciation and amortization | ||||||||||||||||||||
90,800 | 85,000 | 76,300 | 69,500 | 64,000 | 57,000 | 52,100 | 47,400 | 41,600 | 40,400 | 40,800 | 40,900 | 40,100 | 38,800 | 37,400 | 36,000 | 35,100 | 34,600 | 0 | 0 | 0 |
Deferred income taxes | ||||||||||||||||||||
21,700 | 14,800 | 24,400 | 1,400 | -100 | 900 | -16,500 | -24,000 | -28,400 | -25,700 | -6,500 | 1,000 | -2,200 | -7,900 | 1,500 | -300 | 8,100 | 8,300 | 0 | 0 | 0 |
Disposal/impairment of assets | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -2,200 | -400 | -1,100 | -1,500 | -1,500 | 0 | 0 | 0 | - | - | 0 | 0 |
Restructuring and other (income) charges, net | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 3,700 | 6,400 | 39,000 | 38,900 | 41,200 | 0 | 0 | 0 | - | - | - | - |
Share-based compensation | ||||||||||||||||||||
9,000 | 12,300 | 13,400 | 13,400 | 13,500 | 12,500 | 12,800 | 11,700 | 10,800 | 10,100 | 9,100 | 8,800 | 7,100 | 4,700 | 0 | 0 | 0 | - | - | - | - |
Pension and other postretirement benefit costs | ||||||||||||||||||||
1,600 | 1,500 | 1,600 | 1,800 | 1,900 | 2,000 | 1,900 | 1,600 | 1,400 | 1,300 | 1,200 | 1,300 | 1,000 | 700 | 0 | 0 | 0 | - | - | - | - |
Other non-cash items | ||||||||||||||||||||
-15,000 | -10,100 | -16,100 | -21,000 | -14,500 | -15,900 | -6,700 | -6,100 | -6,500 | -7,300 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Changes in operating assets and liabilities, net of effect of acquisitions: | ||||||||||||||||||||
Accounts receivable, net | ||||||||||||||||||||
-8,500 | 15,300 | 12,900 | 13,500 | 5,700 | 3,000 | 15,000 | 18,400 | 5,900 | 9,500 | 4,400 | 1,000 | 13,900 | -5,700 | -7,700 | -12,700 | -25,900 | -8,500 | 0 | 0 | 0 |
Inventories, net | ||||||||||||||||||||
10,400 | -500 | -3,800 | 6,100 | 18,800 | 26,900 | 35,500 | 33,200 | 21,400 | 6,600 | -2,600 | -4,500 | -10,100 | 2,200 | 10,600 | 17,700 | 34,300 | 24,100 | 0 | 0 | 0 |
Prepaid and other current assets | ||||||||||||||||||||
700 | -100 | 4,900 | 5,600 | 7,800 | 6,800 | 2,300 | 3,200 | -8,000 | -6,500 | -3,300 | -2,500 | 2,800 | 3,900 | -400 | 9,500 | 6,700 | 6,700 | 0 | 0 | 0 |
Planned major maintenance outage | ||||||||||||||||||||
7,200 | 8,400 | 7,400 | 9,000 | 8,700 | 7,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Accounts payable | ||||||||||||||||||||
-12,200 | -6,200 | -13,700 | -5,000 | 12,200 | 5,700 | 20,600 | 24,900 | 12,400 | 1,700 | 9,200 | -12,800 | -400 | -1,500 | -4,700 | 7,200 | -13,400 | -22,300 | 0 | 0 | 0 |
Accrued expenses | ||||||||||||||||||||
3,300 | -5,900 | 700 | 4,800 | 2,300 | 13,100 | 6,400 | 8,100 | 2,200 | 1,600 | 700 | 700 | -10,000 | -1,900 | -7,800 | -11,900 | 12,100 | 1,000 | 0 | 0 | 0 |
Accrued payroll and employee benefits | ||||||||||||||||||||
-200 | -14,400 | -9,300 | -6,200 | -200 | 3,000 | -100 | 800 | -900 | 13,400 | 12,400 | 8,900 | 7,500 | 15,000 | 16,100 | 7,700 | -2,000 | -7,800 | 0 | 0 | 0 |
Income taxes | ||||||||||||||||||||
16,900 | 14,700 | -7,600 | 12,400 | -3,200 | 5,000 | -3,700 | -3,500 | -2,000 | -7,300 | 8,600 | -7,000 | 3,100 | 4,500 | 600 | 7,500 | 2,600 | 800 | 0 | 0 | 0 |
Restructuring and other spending | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | -8,600 | -9,700 | -9,600 | -8,300 | -4,900 | -3,600 | -1,800 | 0 | 0 | 0 | 0 |
Changes in other operating assets and liabilities, net | ||||||||||||||||||||
2,100 | 400 | -11,800 | -800 | -2,300 | 600 | 5,800 | -1,700 | 3,600 | 2,500 | -1,400 | 1,900 | -5,000 | 800 | 8,200 | 2,800 | 7,100 | 1,600 | 0 | 0 | 0 |
Net cash provided by (used in) operating activities | ||||||||||||||||||||
343,900 | 275,700 | 275,800 | 252,400 | 234,300 | 252,000 | 207,100 | 192,700 | 177,500 | 174,300 | 187,400 | 144,400 | 131,300 | 127,900 | 111,200 | 99,900 | 92,200 | 72,200 | 0 | 0 | 0 |
Cash provided by (used in) investing activities: | ||||||||||||||||||||
Capital expenditures | ||||||||||||||||||||
106,200 | 114,800 | 117,100 | 121,200 | 108,700 | 93,900 | 73,000 | 61,200 | 55,200 | 52,600 | 55,600 | 56,300 | 56,100 | 56,700 | 74,600 | 86,000 | 93,900 | 100,900 | 0 | 0 | 0 |
Payments for acquired businesses, net of cash acquired | ||||||||||||||||||||
0 | 537,900 | 537,900 | 538,400 | 538,400 | 315,500 | 315,500 | 315,000 | 315,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Purchase of equity securities | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 2,400 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Proceeds from disposition of assets | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 | - | - | - | - | - | - | - | - |
Restricted investment | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 70,200 | 69,700 | 0 | 0 | 0 | - | - | - | - |
Net investment in equity securities | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - |
Other investing activities, net | ||||||||||||||||||||
1,000 | 3,600 | 4,600 | 5,100 | 8,300 | 4,100 | 3,100 | 2,000 | -900 | 3,000 | 4,100 | 3,700 | 3,000 | 0 | 0 | 0 | 0 | - | - | - | - |
Net cash provided by (used in) investing activities | ||||||||||||||||||||
-109,200 | -658,300 | -660,500 | -665,600 | -656,300 | -414,400 | -392,900 | -379,200 | -369,700 | -58,600 | -61,700 | -62,600 | -131,400 | -126,400 | -133,000 | -144,100 | -82,300 | -89,300 | 0 | 0 | 0 |
Cash provided by (used in) financing activities: | ||||||||||||||||||||
Net borrowings under our revolving credit facility | ||||||||||||||||||||
429,600 | 797,700 | 789,000 | 777,400 | 714,200 | 0 | 268,300 | 165,500 | 143,300 | 156,400 | -140,500 | -87,200 | 125,000 | 111,900 | 0 | 0 | 0 | - | - | - | - |
Proceeds from long-term borrowings | ||||||||||||||||||||
0 | 375,000 | 375,000 | 375,000 | 375,000 | 300,000 | 300,000 | 375,000 | 375,000 | 75,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Payments on revolving credit facility | ||||||||||||||||||||
347,600 | 666,400 | 596,000 | 519,900 | 421,100 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Payments on long-term borrowings | ||||||||||||||||||||
14,100 | 122,500 | 117,800 | 113,100 | 113,100 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Debt issuance costs | ||||||||||||||||||||
600 | 2,400 | 1,800 | 3,200 | 3,200 | 7,100 | 7,100 | 7,000 | 7,000 | 1,300 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Borrowings (repayments) of notes payable and other short-term borrowings, net | ||||||||||||||||||||
0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Borrowings (repayments) of notes payable and other short-term borrowings, net | ||||||||||||||||||||
- | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Borrowings (repayments) of notes payable and other short-term borrowings, net | ||||||||||||||||||||
- | - | - | - | - | 3,900 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | 7,100 | 0 | 0 | 0 |
Tax payments related to withholdings on vested equity awards | ||||||||||||||||||||
3,100 | 14,300 | 14,700 | 15,300 | 15,300 | 2,500 | 2,400 | 2,200 | 2,200 | 1,200 | 1,200 | 800 | 800 | 300 | 0 | 0 | 0 | - | - | - | - |
Proceeds and withholdings from share-based compensation plans, net | ||||||||||||||||||||
2,800 | 4,100 | 4,000 | 3,700 | 3,300 | 2,100 | 2,300 | 1,900 | 1,000 | 500 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Repurchases of common stock under publicly announced plan | ||||||||||||||||||||
35,500 | 6,400 | 35,700 | 41,600 | 47,600 | 47,400 | 22,100 | 15,000 | 9,700 | 6,600 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Noncontrolling interest distributions | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 0 | -3,600 | 3,100 | 1,700 | 0 | 4,300 | 3,300 | 3,200 | 3,400 | 0 | 0 | 0 |
Transactions with WestRock, net | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | 51,900 | 50,400 | 68,300 | 3,100 | 29,100 | 0 | 0 | 0 |
Noncontrolling interest distributions | ||||||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Net cash provided by (used in) financing activities | ||||||||||||||||||||
33,000 | 369,200 | 407,400 | 386,600 | 408,200 | 153,700 | 172,000 | 229,200 | 217,100 | -57,800 | -81,800 | -97,300 | 7,800 | -3,400 | 19,300 | 82,700 | -6,700 | 27,000 | 0 | 0 | 0 |
Increase (decrease) in cash, cash equivalents, and restricted cash | ||||||||||||||||||||
267,700 | -13,400 | 22,700 | -26,600 | -13,800 | -8,700 | -13,800 | 42,700 | 24,900 | 57,900 | 43,900 | -15,500 | 7,700 | -1,900 | -2,500 | 38,500 | 3,200 | 9,900 | 0 | 0 | 0 |
Effect of exchange rate changes on cash | ||||||||||||||||||||
3,200 | 200 | -3,600 | -1,700 | -1,400 | -1,400 | 1,100 | -800 | -900 | -500 | -500 | 900 | 600 | 400 | -400 | 1,900 | 1,900 | 2,200 | 0 | 0 | 0 |
Change in cash, cash equivalents, and restricted cash | ||||||||||||||||||||
270,900 | -13,200 | 19,100 | -28,300 | -15,200 | -10,100 | -12,700 | 41,900 | 24,000 | 57,400 | 43,400 | -14,600 | 8,300 | -1,500 | -2,900 | 40,400 | 5,100 | 12,100 | 0 | 0 | 0 |
Supplemental cash flow information: | ||||||||||||||||||||
Cash paid for interest, net of capitalized interest | ||||||||||||||||||||
50,500 | 48,000 | 43,500 | 37,700 | 34,400 | 26,000 | 24,700 | 17,300 | 16,500 | 16,000 | 18,300 | 18,300 | 19,000 | 15,100 | 12,300 | 7,900 | 6,500 | 6,500 | 0 | 0 | 0 |
Cash paid for income taxes, net of refunds | ||||||||||||||||||||
15,800 | 14,900 | 19,800 | 21,700 | 35,000 | 34,800 | 42,000 | 49,300 | 57,400 | 61,900 | 47,700 | 54,000 | 27,100 | 22,400 | 0 | 0 | 0 | - | - | - | - |
Purchases of property, plant and equipment in accounts payable | ||||||||||||||||||||
6,100 | 7,600 | 8,500 | 9,700 | 11,700 | 8,900 | 8,900 | 9,000 | 7,300 | 5,100 | 4,000 | 4,300 | 3,900 | 3,700 | -2,300 | -4,900 | -2,500 | 1,300 | 0 | 0 | 0 |
Leased assets obtained in exchange for new finance lease liabilities | ||||||||||||||||||||
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Leased assets obtained in exchange for new operating lease liabilities | ||||||||||||||||||||
9,500 | 5,300 | 3,200 | 1,100 | 0 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |