Owens Corning OC Cash Flow

Owens corning (OC)

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
Net Income (Loss) Attributable to Parent
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	112,000	91,000	18,000	-	52,000	21,000	120,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
NET CASH FLOW USED FOR OPERATING ACTIVITIES
NET EARNINGS (LOSS)
-916,000	72,000	151,000	138,000	44,000	171,000	162,000	122,000	92,000	-3,000	96,000	96,000	101,000	88,000	113,000	139,000	59,000	110,000	113,000	92,000	19,000	34,000	52,000	22,000	120,000	82,000	51,000	50,000	22,000	-55,000	44,000	40,000	-45,000	51,000	126,000	79,000	25,000	-109,000	61,000	939,000	49,000
Adjustments to reconcile net earnings (loss) to cash used for operating activities:
Depreciation and amortization
116,000	120,000	112,000	112,000	113,000	110,000	107,000	107,000	109,000	102,000	101,000	84,000	84,000	101,000	84,000	82,000	76,000	76,000	73,000	76,000	75,000	75,000	75,000	78,000	76,000	97,000	78,000	79,000	78,000	80,000	89,000	91,000	89,000	75,000	78,000	85,000	80,000	78,000	83,000	79,000	80,000
Proceeds from Hurricane Sandy insurance claims
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	84,000	-41,000	15,000	0	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
21,000	0	53,000	36,000	29,000	64,000	44,000	32,000	1,000	95,000	15,000	46,000	27,000	9,000	44,000	55,000	28,000	-11,000	38,000	33,000	4,000	-11,000	25,000	16,000	-45,000	-3,000	20,000	37,000	0	-34,000	-33,000	2,000	6,000	26,000	9,000	24,000	-4,000	7,000	-20,000	-859,000	5,000
Provision for pension and other employee benefits liabilities
-1,000	-	-	-	0	-	-	-	-	40,000	-1,000	33,000	2,000	5,000	3,000	-1,000	4,000	5,000	3,000	12,000	-5,000	32,000	-5,000	-4,000	-5,000	4,000	-9,000	-12,000	-6,000	69,000	-10,000	-12,000	-11,000	-10,000	-9,000	-9,000	-8,000	-3,000	-9,000	-21,000	7,000
Stock-based compensation expense
11,000	8,000	10,000	10,000	11,000	13,000	12,000	13,000	9,000	14,000	10,000	10,000	10,000	16,000	8,000	9,000	8,000	8,000	8,000	6,000	8,000	8,000	7,000	6,000	8,000	7,000	7,000	7,000	7,000	6,000	5,000	6,000	7,000	5,000	6,000	5,000	5,000	7,000	5,000	4,000	7,000
Goodwill impairment charge
944,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on sale of assets or affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	3,000	2,000	45,000	0	6,000	0	0	14,000	0	2,000	1,000	0	3,000	21,000	6,000	-6,000	1,000	5,000	-2,000
Intangible asset impairment charges
43,000	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	0	-	-	-	-
Other non-cash
-14,000	-	-3,000	10,000	-15,000	-	-12,000	2,000	1,000	-	-11,000	0	-6,000	-	2,000	4,000	1,000	7,000	-5,000	11,000	0	2,000	15,000	12,000	1,000	5,000	1,000	10,000	2,000	5,000	2,000	3,000	4,000	4,000	1,000	10,000	7,000	13,000	4,000	4,000	-2,000
Changes in operating assets and liabilities
265,000	-	20,000	-155,000	346,000	-	106,000	-125,000	284,000	-	-57,000	-130,000	204,000	-	-144,000	35,000	82,000	-	-99,000	-36,000	211,000	-	-79,000	-41,000	377,000	-	-40,000	-17,000	271,000	-	-38,000	-23,000	232,000	-330,000	23,000	68,000	239,000	-147,000	-40,000	330,000	-158,000
Pension fund contribution
11,000	-	-	-	8,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments for other employee benefits liabilities
4,000	-2,000	-4,000	-15,000	6,000	-4,000	-5,000	-4,000	-6,000	-5,000	-4,000	-1,000	-8,000	-4,000	-5,000	-4,000	-5,000	-4,000	-6,000	-5,000	-5,000	-6,000	-4,000	-6,000	-6,000	-6,000	-5,000	-6,000	-5,000	-5,000	-5,000	-6,000	-6,000	-7,000	-5,000	-5,000	-7,000	-7,000	-6,000	-7,000	-6,000
Restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Pension fund contributions
-	-	-	-	-	-6,000	-27,000	-1,000	-6,000	-4,000	-52,000	-10,000	-6,000	-3,000	-51,000	-2,000	-7,000	-1,000	-34,000	-11,000	-14,000	-1,000	-27,000	-10,000	-14,000	-9,000	-10,000	-8,000	-12,000	-8,000	-12,000	-12,000	-18,000	-13,000	-14,000	-12,000	-78,000	-3,000	-17,000	-4,000	-8,000
Other
4,000	-2,000	3,000	-1,000	3,000	-1,000	-1,000	-4,000	4,000	-11,000	2,000	3,000	5,000	13,000	-14,000	-24,000	17,000	9,000	-5,000	-10,000	-3,000	-30,000	16,000	1,000	-7,000	12,000	10,000	14,000	2,000	-38,000	1,000	-2,000	0	-19,000	-11,000	7,000	-10,000	26,000	3,000	-19,000	1,000
Net cash flow used for operating activities
-52,000	441,000	309,000	438,000	-151,000	297,000	200,000	396,000	-90,000	322,000	302,000	385,000	7,000	264,000	353,000	263,000	63,000	332,000	304,000	222,000	-116,000	390,000	179,000	155,000	-272,000	225,000	173,000	164,000	-179,000	237,000	133,000	153,000	-193,000	230,000	193,000	79,000	-213,000	207,000	147,000	161,000	-27,000
NET CASH FLOW USED FOR INVESTING ACTIVITIES
Cash paid for property, plant, and equipment
92,000	133,000	101,000	115,000	98,000	112,000	121,000	203,000	101,000	88,000	79,000	103,000	67,000	92,000	94,000	89,000	98,000	135,000	89,000	88,000	89,000	158,000	91,000	74,000	51,000	112,000	74,000	80,000	45,000	69,000	72,000	91,000	72,000	139,000	93,000	119,000	91,000	115,000	78,000	58,000	63,000
Purchase of Interwrap
15,000	21,000	-2,000	3,000	0	16,000	-3,000	0	14,000	0	0	3,000	0	-	-	-	-	-	-	-	-	0	3,000	65,000	-3,000	-	-	-	-	10,000	-7,000	3,000	4,000	-	6,000	63,000	12,000	-	2,000	9,000	5,000
Investment in subsidiaries and affiliates, net of cash acquired
-	-	-	-	-	0	0	22,000	1,121,000	4,000	5,000	561,000	0	-	-	-	-	-	-	-	-	-	-	-	-	0	114,000	-52,000	0	-	-	-	-	-	-	-	-	-	-	-	-
Derivative settlements
-16,000	59,000	-20,000	-8,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
0	-	-	3,000	-3,000	-	-	-2,000	-1,000	-	1,000	-3,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash flow used for investing activities
-61,000	-109,000	-83,000	-107,000	-95,000	-38,000	-121,000	-223,000	-1,207,000	-91,000	-85,000	-658,000	-67,000	-86,000	-94,000	-537,000	-98,000	-106,000	-88,000	-86,000	-89,000	-135,000	-97,000	-11,000	-54,000	-66,000	-55,000	-117,000	-45,000	-30,000	-67,000	-88,000	-68,000	-139,000	-171,000	-56,000	-79,000	-66,000	-76,000	-49,000	-58,000
NET CASH FLOW PROVIDED BY FINANCING ACTIVITIES
Proceeds from senior revolving credit and receivables securitization facilities
736,000	471,000	755,000	398,000	548,000	420,000	576,000	393,000	565,000	264,000	532,000	143,000	194,000	95,000	140,000	284,000	150,000	467,000	260,000	290,000	529,000	208,000	299,000	285,000	484,000	0	264,000	241,000	558,000	672,000	272,000	307,000	626,000	905,000	120,000	455,000	432,000	225,000	156,000	250,000	0
Payments on senior revolving credit and receivables securitization facilities
336,000	565,000	875,000	626,000	182,000	652,000	527,000	503,000	197,000	397,000	399,000	300,000	37,000	155,000	188,000	255,000	71,000	570,000	448,000	387,000	247,000	425,000	397,000	373,000	149,000	146,000	336,000	290,000	331,000	1,028,000	281,000	296,000	352,000	1,001,000	34,000	462,000	133,000	304,000	122,000	193,000	0
Proceeds from term loan borrowing
-	-	-	-	-	211,000	0	0	389,000	-588,000	0	588,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payments on term loan borrowing
-	-	-	-	-	-	-	-	-600,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net decrease in short-term debt
-11,000	17,000	-3,000	3,000	-13,000	16,000	0	0	0	-	-	-	-	-1,000	1,000	-3,000	-3,000	-12,000	9,000	-2,000	-17,000	9,000	5,000	-8,000	24,000	-7,000	-12,000	10,000	5,000	-14,000	-5,000	2,000	-6,000	9,000	0	13,000	4,000	-2,000	-2,000	3,000	-9,000
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	588,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	599,000	0	0	0	0	0	6,000	0	-	-	-	-
Payments on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	0	1,000	0	428,000	7,000	4,000	2,000	0	1,000	8,000	1,000	3,000	2,000	601,000	3,000
Dividends paid
26,000	23,000	24,000	0	48,000	22,000	24,000	0	46,000	22,000	22,000	0	45,000	20,000	21,000	0	40,000	20,000	19,000	0	39,000	19,000	18,000	19,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of treasury stock
96,000	0	0	0	61,000	0	100,000	25,000	111,000	0	25,000	62,000	72,000	71,000	89,000	44,000	43,000	52,000	39,000	28,000	19,000	0	0	15,000	29,000	0	54,000	1,000	8,000	0	31,000	77,000	5,000	0	85,000	43,000	10,000	18,000	100,000	0	2,000
Other
-4,000	-3,000	-2,000	2,000	-3,000	2,000	-8,000	0	1,000	5,000	5,000	0	3,000	4,000	6,000	5,000	-1,000	1,000	7,000	4,000	7,000	1,000	0	2,000	5,000	1,000	-2,000	6,000	8,000	-5,000	3,000	1,000	5,000	-4,000	0	4,000	8,000	0	2,000	0	0
Net cash flow provided by financing activities
213,000	-203,000	-288,000	-323,000	241,000	-306,000	-98,000	-150,000	1,201,000	-151,000	-258,000	369,000	43,000	-151,000	-216,000	287,000	-8,000	-186,000	-230,000	-131,000	214,000	-237,000	-111,000	-129,000	335,000	-153,000	-140,000	-35,000	232,000	-204,000	-71,000	-67,000	266,000	-91,000	0	-35,000	300,000	-128,000	-68,000	-540,000	-14,000
Effect of exchange rate changes on cash
-38,000	8,000	4,000	2,000	10,000	-12,000	7,000	-14,000	-10,000	-2,000	10,000	3,000	6,000	-19,000	0	0	1,000	-6,000	-4,000	-2,000	1,000	-2,000	-1,000	1,000	-1,000	0	1,000	-2,000	-1,000	1,000	2,000	-2,000	1,000	2,000	-23,000	2,000	1,000	4,000	2,000	-5,000	-2,000
Net (decrease) increase in cash, cash equivalents and restricted cash
62,000	137,000	-58,000	10,000	5,000	-59,000	-12,000	9,000	-106,000	78,000	-31,000	99,000	-11,000	8,000	43,000	13,000	-42,000	34,000	-18,000	3,000	10,000	16,000	-30,000	16,000	8,000	6,000	-21,000	10,000	7,000	4,000	-3,000	-4,000	6,000	2,000	-1,000	-10,000	9,000	17,000	5,000	-433,000	-101,000
Term Loan
Payments on senior revolving credit and receivables securitization facilities
50,000	-	100,000	100,000	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-