National oilwell varco, inc. (NOV)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Cash flows from operating activities:
Net loss

-6,093

-22

-236

-2,416

-767

2,455

2,181

2,375

1,900

1,659

1,473

1,968

1,353

Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization

533

690

698

703

747

778

738

616

549

507

490

402

214

Dividend from unconsolidated affiliate

-

-

-

6

34

73

66

61

45

17

86

-

0

Goodwill and intangible asset impairment

-

-

-

972

1,689

104

-

-

-

-

-

-

-

Provision for inventory losses

659

49

114

606

186

128

-

-

-

-

-

-

-

Deferred income taxes

-426

-63

-341

-198

-258

-300

-336

-90

-341

-165

-174

-33

-

Stock-based compensation

130

110

124

107

109

101

92

80

73

66

68

67

43

Loss on extinguishment of debt

-26

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefit from stock-based compensation

-

-

-

-7

-1

15

20

25

22

10

1

37

-23

Equity loss in unconsolidated affiliates

-13

-3

-5

-21

13

58

63

58

46

36

47

42

0

Goodwill and indefinite-lived intangible asset impairment

3,612

-

-

-

-

-

-

-

-

-

-

-

-

Long-lived asset impairment

2,209

-

-

-

-

-

-

-

-

-

-

-

-

Intangible asset impairment

-

-

-

-

-

-

-

-

-

-

147

-

0

Other, net

-16

7

-20

-108

-70

-53

-72

-77

-65

-135

-75

115

48

Change in operating assets and liabilities, net of acquisitions:
Receivables

-275

72

-72

-845

-1,091

153

516

492

630

189

-1,033

626

-465

Inventories

-104

7

-229

-782

-410

710

-238

974

555

-39

-468

643

-758

Contract assets

70

68

-170

-646

-

-

-

-

-

-

-

-

-

Costs in excess of billings

-

-

-

-

-548

262

314

-632

-222

-4

-122

25

-335

Prepaid and other current assets

45

-67

-130

-102

-112

60

-41

221

42

-15

-23

-230

-144

Accounts payable

-19

196

86

-243

-570

95

18

40

183

40

-361

95

84

Accrued liabilities

-194

-186

-130

-773

-1,137

879

76

-

-

-

-

-

-

Contract liabilities

-34

-62

-160

-366

-686

-59

582

-324

354

620

1,071

-765

832

Income taxes payable

-25

-15

-44

-146

-167

-124

217

-408

283

286

-

-

-

Other assets/liabilities, net

-43

92

-95

-197

67

400

-8

41

-108

198

-8

-8

339

Net cash provided by continuing operating activities

-

-

-

-

-

2,525

3,080

632

2,146

-

-

-

-

Discontinued operations

-

-

-

-

-

89

317

-12

-3

-

-

-

-

Net cash provided by (used by) operating activities

714

521

832

960

1,332

2,614

3,397

620

2,143

1,542

2,095

2,294

1,188

Cash flows from investing activities:
Purchases of property, plant and equipment

233

244

192

284

453

699

614

569

479

232

250

379

252

Business acquisitions, net of cash acquired

180

280

86

230

86

291

2,397

1,767

1,008

556

573

3,008

324

Cash distributed in spin-off

-

-

-

-

-

253

-

-

-

-

-

-

-

Business divestitures, net of cash disposed

-

-

-

-

-

-

-

-

-

-

-

801

0

Sale of equity interest, net

-

-

-

-

-

-

-

-

-

-

251

-

0

Dividend from unconsolidated affiliate

-

-

-

-

-

-

-

-

13

16

8

113

0

Other

-98

-67

-33

-26

-25

-151

-101

-35

-50

-29

-12

-

-1

Net cash used in continuing investing activities

-

-

-

-

-

-1,092

-2,910

-2,301

-1,424

-

-

-

-

Discontinued operations

-

-

-

-

-

-12

-54

-1,127

-34

-

-

-

-

Net cash used in investing activities

-315

-457

-245

-488

-514

-1,104

-2,964

-3,428

-1,458

-743

-552

-2,473

-575

Cash flows from financing activities:
Borrowings against lines of credit and other debt

511

-

-

3,972

11,377

173

2,609

5,575

-

3

7

2,731

47

Payments against lines of credit and other debt

1,000

-

500

4,872

10,615

155

2,609

2,937

390

16

47

2,920

11

Financing leases

32

8

6

-

-

-

-

-

-

-

-

-

-

Cash dividends paid

77

76

76

230

710

703

389

209

191

172

460

-

0

Debt issuance and extinguishment costs

36

-

-

-

-

-

-

-

-

-

-

-

-

Share repurchases

-

-

-

-

2,221

779

-

-

-

-

-

-

-

Activity under stock incentive plans

-

-

-

4

7

108

58

113

96

73

8

78

91

Excess tax benefit from stock-based compensation

-

-

-

7

1

15

20

25

22

10

1

37

23

Other

-13

54

-13

-8

-

-2

7

17

-

-

-

-

-

Net cash used in continuing financing activities

-

-

-

-

-

-1,343

-304

2,584

-463

-

-

-

-

Discontinued operations

-

-

-

-

-

0

-1

-1

-1

-

-

-

-

Net cash used in financing activities

-647

-30

-595

-1,141

-2,163

-1,343

-305

2,583

-464

-102

-491

-74

150

Effect of exchange rates on cash

-8

-44

37

-3

-111

-67

-11

9

-19

14

27

-46

122

Increase (decrease) in cash and cash equivalents

-256

-10

29

-672

-1,456

100

117

-216

202

711

1,079

-299

885

Supplemental disclosures of cash flow information:
Interest

85

90

97

101

103

102

111

40

44

56

56

76

57

Income taxes

144

64

50

181

782

1,380

1,099

1,572

945

551

929

1,261

703