NATIONAL OILWELL VARCO, INC. NOV Cash Flow

National oilwell varco, inc. (NOV)

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	Dec'09	Sep'09	Jun'09	Mar'09
Cash flows from operating activities:
Net loss
-8,067	-6,093	-5,693	-5,440	-31	-22	-52	-83	-182	-236	-938	-2,275	-2,418	-2,416	-3,221	-1,701	-1,198	-767	1,352	1,897	2,220	2,455	2,488	2,385	2,270	2,181	2,111	2,122	2,230	2,375	2,303	2,222	2,100	1,900	1,849	1,725	1,644	1,659	1,613	1,596	1,419	1,473	0	0	0
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization
461	533	604	674	694	690	694	696	696	698	697	699	703	703	712	720	732	747	763	777	777	778	774	763	759	738	697	667	638	616	598	581	562	549	542	529	515	507	504	503	501	490	0	0	0
Provision for inventory losses
770	659	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-479	-426	-445	-449	-77	-63	-342	-343	-340	-341	34	109	-59	-198	-352	-572	-386	-258	-386	-217	-352	-300	-279	-277	-258	-336	-223	-257	-242	-90	-122	-281	-317	-341	-257	-89	-155	-165	0	0	0	-	-	-	-
Equity loss in unconsolidated affiliates
0	-	-	-	-	-	-	-	0	-	-	-	-	-21	-22	-16	-2	13	32	41	57	58	58	62	54	63	62	56	60	58	55	59	50	46	48	45	43	36	24	17	25	47	0	0	0
Goodwill and indefinite-lived intangible asset impairment
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-lived asset impairment
0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other, net
-40	-16	-29	-27	5	7	32	29	16	-20	38	3	-80	-108	-121	-109	-62	-70	-109	-88	-80	-53	-170	-170	-120	-72	0	0	0	-	-	-	-	-65	-89	-163	-200	-135	-138	-75	-73	-75	0	0	0
Change in operating assets and liabilities, net of acquisitions:
Receivables
78	-275	-229	15	-333	72	-96	-168	108	-72	231	22	-240	-845	-1,135	-1,042	-1,428	-1,091	-1,093	-877	-541	153	352	635	1,071	516	606	334	222	492	235	413	349	630	597	363	584	189	184	-238	-1,334	-1,033	0	0	0
Inventories
-303	-104	-17	50	13	7	67	43	-18	-229	-455	-584	-735	-782	-846	-922	-648	-410	-101	386	735	710	451	224	-164	-238	-50	243	509	974	1,177	977	847	555	390	353	228	-39	-264	-422	-496	-468	0	0	0
Contract assets
101	70	122	137	122	68	-35	-154	-238	-170	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs in excess of billings
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-824	-940	-805	-548	-23	166	289	262	805	564	226	314	-575	-494	-741	-632	-978	-898	-75	-222	309	374	244	-4	-158	-212	-303	-122	0	0	0
Prepaid and other current assets
32	45	-15	-68	-83	-67	-38	-18	-94	-130	-166	-114	-129	-102	-70	-141	-67	-112	-86	-29	-107	60	34	39	227	-41	-35	21	-13	221	218	100	90	42	48	89	49	-15	-130	-125	90	-23	0	0	0
Accounts payable
-24	-19	24	75	133	196	202	137	126	86	23	-16	-112	-243	-340	-417	-526	-570	-551	-349	-173	95	203	166	88	18	-124	-114	-65	40	202	202	270	183	185	115	101	40	24	-196	-410	-361	0	0	0
Accrued liabilities
-102	-194	-129	-45	-141	-186	-319	-347	-337	-130	-159	-355	-614	-773	-1,085	-1,153	-1,144	-1,137	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Contract liabilities
55	-34	-119	-154	-185	-62	42	32	-17	-160	-283	-337	-351	-366	-326	-311	-489	-686	-692	-971	-30	-59	984	957	372	582	-515	-84	-521	-324	787	411	514	354	-783	-283	151	620	1,323	1,627	1,557	1,071	0	0	0
Income taxes payable
5	-25	8	-10	-14	-15	-53	-61	-49	-44	11	-10	-122	-146	-78	49	-233	-167	-153	-235	-44	-124	15	21	81	217	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other assets/liabilities, net
74	-43	54	74	221	92	-99	-91	-228	-95	113	-43	-78	-197	-191	-3	-52	67	829	473	283	400	-221	-225	-193	-8	-386	-100	63	41	155	234	-67	-108	456	245	325	198	52	-350	-86	-8	0	0	0
Net cash provided by continuing operating activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,525	3,199	3,611	3,079	3,080	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89	197	275	300	317	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash provided by (used by) operating activities
791	714	462	300	612	521	621	663	592	832	664	490	450	960	1,421	1,773	1,839	1,332	1,454	1,563	2,240	2,614	3,396	3,886	3,379	3,397	2,679	1,807	1,190	620	442	939	2,104	2,143	2,328	2,147	1,422	1,542	861	1,092	1,405	2,095	0	0	0
Cash flows from investing activities:
Purchases of property, plant and equipment
258	233	237	239	248	244	238	209	189	192	190	208	242	284	342	380	407	453	563	633	704	699	648	630	590	614	621	600	605	569	544	540	513	479	409	346	280	232	204	185	202	250	0	0	0
Business acquisitions, net of cash acquired
-	180	180	65	309	280	281	284	116	86	255	276	215	230	76	78	84	86	180	233	312	291	181	109	24	2,397	1,859	2,143	4,084	1,767	2,998	2,763	1,015	1,008	802	753	561	556	0	0	0	-	-	-	-
Other
-112	-98	-84	-51	-54	-67	-66	-36	-41	-33	-50	-42	-30	-26	-5	-22	-23	-25	-58	-144	-148	-151	-149	-68	-100	-101	-80	-64	-32	-35	-31	-53	-54	-50	-49	-27	-24	-29	0	0	0	-	-	-	-
Net cash used in continuing investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,092	-933	-924	-514	-2,910	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12	-16	-30	-41	-54	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in investing activities
-261	-315	-333	-253	-503	-457	-453	-457	-264	-245	-395	-442	-427	-488	-413	-436	-468	-514	-685	-722	-1,127	-1,104	-949	-954	-555	-2,964	-3,577	-3,842	-5,803	-3,428	-3,545	-3,284	-1,495	-1,458	-1,149	-1,059	-801	-743	-403	-136	-538	-552	0	0	0
Cash flows from financing activities:
Borrowings against lines of credit and other debt
-	-	-	-	-	-	-	-	-	-	-	-	-	3,972	6,165	9,589	11,874	11,377	0	0	0	-	-	-	-	2,609	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments against lines of credit and other debt
-	-	-	-	-	-	-	-	-	500	7	1,127	1,822	4,872	7,115	10,751	12,875	10,615	8,369	3,616	946	155	1,006	2,174	2,424	2,609	4,692	3,521	3,122	2,937	19	20	221	390	377	379	184	16	0	0	0	-	-	-	-
Cash dividends paid
77	77	77	76	76	76	76	76	76	76	76	76	76	230	384	539	698	710	733	757	777	703	618	531	444	389	334	274	214	209	204	200	196	191	186	181	176	172	0	0	0	-	-	-	-
Share repurchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,221	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Activity under stock incentive plans
-	-	-	-	-	-	-	-	-	-	-	-	12	4	3	3	5	7	7	79	106	108	140	80	58	58	27	32	30	113	113	118	126	96	0	0	0	-	-	0	0	-	-	-	-
Other
-36	-13	-6	35	52	54	34	-5	-11	-13	0	16	-4	-8	0	0	0	-	-13	-15	-7	-2	-1	6	-4	7	3	3	8	17	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0
Net cash used in continuing financing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,343	-1,060	-1,395	-1,571	-304	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-1	-1	-1	-1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used in financing activities
-670	-647	-91	-49	-32	-30	-555	-584	-600	-595	-77	-182	-293	-1,141	-1,340	-2,156	-2,588	-2,163	-2,889	-2,077	-1,674	-1,343	-1,061	-1,396	-1,572	-305	1,941	2,456	3,687	2,583	939	869	-262	-464	-377	-398	-210	-102	-589	-540	-528	-491	0	0	0
Effect of exchange rates on cash
0	-	-	-	-43	-44	-42	-15	29	37	20	3	-10	-3	-4	-64	-48	-111	-125	-105	-103	-67	-36	22	-5	-11	-4	-11	-23	9	-4	-47	-17	-19	-2	62	41	14	9	-14	37	27	0	0	0
Increase (decrease) in cash and cash equivalents
-155	-256	20	-16	34	-10	-429	-393	-243	29	212	-131	-280	-672	-336	-883	-1,265	-1,456	-2,245	-1,341	-664	100	1,350	1,558	1,247	117	1,039	410	-949	-216	-2,168	-1,523	330	202	800	752	452	711	-122	402	376	1,079	0	0	0
Supplemental disclosures of cash flow information:
Interest
83	85	95	85	92	90	94	95	97	97	96	96	101	101	102	106	100	103	102	99	101	102	104	107	111	111	83	85	41	40	31	26	38	44	52	58	57	56	57	57	57	56	0	0	0
Income taxes
129	144	84	84	51	64	-19	3	36	50	138	158	269	181	195	242	654	782	1,043	1,154	1,180	1,380	1,310	1,317	1,243	1,099	1,138	1,219	1,500	1,572	1,460	1,254	903	945	1,012	1,001	716	551	670	782	952	929	0	0	0