Olin Corporation OLN Cash Flow

Olin corporation (OLN)

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
Operating Activities
Net (loss) income
-80,000	-77,200	44,200	-20,000	41,700	53,300	195,100	58,600	20,900	489,300	52,700	-5,900	13,400	17,500	17,500	-1,000	-37,900	-62,700	5,900	42,300	13,100	12,800	26,100	37,300	29,500	24,700	69,700	43,700	40,500	34,600	28,700	47,600	38,700	18,700	47,200	42,100	133,700	2,000	31,800	16,900	14,100
Adjustments to reconcile net (loss) income to net cash and cash equivalents provided by (used for) operating activities:
Gain on disposition of non-consolidated affiliate
0	0	0	0	11,200	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on remeasurement of investment in SunBelt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	181,400	0	0	0	0
Losses (earnings) of non-consolidated affiliates
-	-	-	-	-	500	400	-21,100	500	300	500	500	500	600	500	400	200	400	500	400	400	300	500	500	400	400	1,000	800	600	1,000	1,200	600	200	1,100	800	700	7,000	7,100	11,600	9,000	2,200
Losses (gains) on disposition of property, plant and equipment
-	-	-	-	-	-100	-1,800	0	-100	3,500	-100	0	-300	-100	-100	-300	-200	1,600	-100	24,000	-300	500	0	800	-200	-700	-400	1,400	100	1,200	1,000	-200	100	1,400	4,000	-200	1,000	2,600	100	400	-2,000
Stock-based compensation
200	1,800	3,600	2,000	3,300	2,800	3,000	3,100	3,100	2,700	2,400	2,500	1,500	1,400	2,400	1,500	2,200	2,100	1,800	1,900	1,800	1,600	1,100	300	2,100	2,400	2,300	2,000	2,100	2,000	1,700	1,100	1,400	1,500	1,400	1,500	1,400	1,600	1,600	2,000	1,500
Depreciation and amortization
146,500	137,100	156,000	151,400	152,900	150,400	153,600	150,700	146,700	147,500	139,200	137,100	135,100	136,100	135,300	132,400	129,700	124,000	35,800	34,700	34,400	34,800	34,900	35,200	34,200	34,100	34,100	34,200	32,900	32,200	26,600	26,600	25,500	25,200	25,500	25,400	23,200	22,100	21,600	21,600	21,600
Deferred income taxes
-6,500	56,500	5,600	-13,600	-3,000	-79,600	50,200	12,700	-18,900	470,200	-5,900	-21,100	9,500	67,500	-1,600	-18,500	-14,700	5,900	-1,500	-13,100	3,100	-48,900	7,400	4,500	6,000	-40,300	12,200	5,300	10,400	-77,000	15,900	6,000	12,600	-185,700	4,400	4,200	84,500	-33,300	15,800	3,800	2,500
Write-off of equipment and facility included in restructuring charges
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	76,600	500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Qualified pension plan contributions
100	1,700	12,500	600	100	1,300	200	600	500	500	300	800	100	200	6,400	200	500	400	200	100	200	200	200	200	200	300	200	300	200	300	200	200	200	200	200	300	200	17,100	-2,400	-2,500	-2,400
Qualified pension plan income
2,800	2,400	2,300	2,600	2,000	3,900	3,400	3,900	3,800	6,600	6,600	7,000	6,700	9,700	9,100	9,700	9,000	11,000	7,000	7,200	6,800	7,100	7,100	7,000	7,300	6,000	6,000	6,200	5,900	6,200	6,100	6,600	5,900	6,900	6,800	19,300	-6,600	40,000	-6,100	-6,300	-6,000
Common stock issued under employee benefit plans
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300	400	300
Change in:
Receivables
66,100	-89,700	6,600	34,600	36,200	-233,800	170,200	7,400	102,500	1,400	-49,400	17,700	80,200	-20,300	-55,600	20,600	16,800	77,800	-20,900	17,500	40,700	-72,500	-14,400	10,200	50,900	-63,700	-26,200	5,300	65,700	-51,700	8,200	-500	42,800	-53,400	-15,900	49,700	45,800	51,400	-19,300	-14,700	-13,800
Income taxes receivable/payable
18,300	-13,400	-6,500	20,700	9,900	-7,400	-11,700	600	-6,000	1,000	-7,300	-3,200	-100	-18,500	-1,800	15,200	-5,600	44,400	-2,500	-21,900	-7,400	17,600	1,600	7,000	1,600	-3,000	-3,900	10,800	-4,300	-11,800	6,100	6,800	-1,200	-1,500	-1,900	-1,400	-200	-20,200	3,200	3,600	100
Inventories
-24,300	-10,500	7,100	-20,800	11,200	-9,000	9,300	50,100	-14,900	-8,900	20,400	2,500	23,800	22,200	-20,300	-19,500	-6,300	-20,700	10,900	5,500	6,000	11,300	-22,100	33,300	1,100	3,000	-21,300	11,500	-1,800	-19,200	-19,700	11,600	9,400	10,300	-15,700	2,300	20,100	65,300	5,700	-6,600	-32,600
Other current assets
32,700	-2,500	-2,500	-14,800	12,400	4,300	-9,600	-11,600	16,700	15,200	-13,400	-7,200	17,500	1,800	-7,700	-8,500	-6,500	27,900	-3,100	-1,300	7,100	-800	2,400	-4,400	1,100	1,700	-3,000	-2,300	2,900	800	-1,900	-2,700	3,900	-300	-5,300	2,900	2,100	1,600	3,400	1,100	-4,400
Accounts payable and accrued liabilities
-7,700	-25,200	16,100	16,000	-17,900	-124,600	84,000	1,000	25,100	7,100	-6,700	43,300	56,300	41,000	2,900	42,700	-99,700	174,000	16,800	600	-6,300	-26,500	-20,200	21,400	-13,200	-15,100	-6,200	43,200	-20,900	-15,700	22,200	9,000	-16,200	4,000	-13,700	21,900	3,400	3,700	4,700	-3,100	8,800
Other assets
0	-3,500	2,500	5,200	-2,900	600	500	4,600	-3,100	1,900	-1,900	-2,700	-3,100	4,800	-1,600	3,200	-2,100	-11,900	-6,900	-18,700	-100	-100	-3,100	-300	-1,700	1,200	-300	-1,600	-600	4,400	-400	-2,800	-1,500	0	-600	200	600	-400	-1,800	300	-100
Other noncurrent liabilities
-2,000	17,600	-16,500	23,000	6,400	8,100	-800	-3,300	300	7,700	-4,400	-13,800	4,600	-4,600	-9,100	1,900	-300	-27,100	-7,100	-700	2,400	-13,200	-14,900	-300	-4,800	-3,900	-9,900	-2,600	1,900	-7,900	-5,700	-6,800	2,500	19,500	2,500	3,100	500	-2,900	800	-300	400
Other operating activities
2,700	-6,700	6,500	-1,100	-1,000	2,400	2,200	4,900	-3,600	5,300	-6,100	-800	-4,800	-3,000	-2,400	-1,200	3,100	-5,000	-400	1,400	-1,500	2,600	100	-200	0	-300	200	400	-600	-500	300	-100	300	200	0	-100	2,300	-400	-400	500	-200
Net operating activities
-47,900	200,700	180,500	131,800	104,300	321,500	322,000	183,400	80,900	193,700	227,700	127,500	99,900	196,100	220,900	139,200	47,000	102,000	67,000	57,700	-9,600	59,700	62,100	44,300	-6,900	75,300	149,900	93,000	-1,200	122,500	88,300	64,000	4,400	103,500	94,900	37,700	-20,200	74,400	47,400	8,100	-14,400
Investing Activities
Capital expenditures
95,900	113,800	80,500	89,100	102,200	110,700	98,500	86,500	89,500	84,300	59,100	67,900	83,000	78,600	62,000	61,300	76,100	51,200	28,600	27,800	23,300	22,100	17,200	13,900	18,600	20,400	15,800	24,400	30,200	44,900	65,000	69,900	75,900	72,500	65,000	37,800	25,600	21,900	21,700	20,300	21,400
Proceeds from Contributions from Affiliates
0	-	0	0	20,000	-	0	0	0	-	-	-	-	2,200	2,200	2,200	2,200	2,200	2,200	2,200	2,200	0	0	0	0	600	800	0	100	800	500	0	0	800	-100	600	600	-	-	-	-200
Restricted cash activity, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2,000	-600	-1,000	-600	-2,400	0	-4,100	-1,200	-6,600	-6,900	-8,700	-17,600	-19,900	-26,200	-1,300	-2,900	102,000	0	0	0
Payments to Acquire Businesses, Net of Cash Acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	123,400	0	0	0	0
Proceeds from sale/leaseback of equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	900	0	2,500	1,000	3,200	0	0	0	-	-	-	-
Proceeds from disposition of property, plant and equipment
-	-	-	-	-	0	2,800	0	100	5,100	0	100	0	100	0	300	100	1,400	100	24,100	600	1,600	2,200	1,100	700	300	300	2,200	1,800	4,900	2,800	700	200	1,700	4,000	400	1,800	200	0	400	2,500
Other investing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,700	-300	1,400	-800	1,500	-300	-700	800	-400	2,300	-100	0	-100	800	-300	900	0	-1,000	-1,300	-1,400	-900	1,000	400
Net investing activities
-95,900	-113,800	-80,500	-89,100	-82,200	-110,700	-95,700	-86,500	-89,400	-79,200	-268,500	-67,800	-83,000	-76,300	-110,100	-213,300	-73,800	-452,900	-28,000	-1,200	-21,900	-17,700	-15,900	-11,500	-16,600	-17,900	21,500	-20,400	-27,000	-31,700	-365,100	-58,800	-56,800	-47,800	-34,900	-34,500	-142,400	-108,200	-11,600	-59,400	19,500
Financing Activities
Long-term debt:
Borrowings
225,000	0	800,000	25,000	0	0	0	19,700	550,300	500	160,000	0	1,875,000	230,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments
75,400	100	693,500	400	50,200	122,400	173,600	40,200	609,900	130,500	17,300	17,400	1,872,700	259,200	17,100	141,900	17,100	727,500	1,100	1,100	1,000	13,200	149,000	100	100	12,300	0	0	11,400	12,200	0	7,700	0	-	-	-	-	-	-	-	-
Financing portion of earn out payment - SunBelt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	14,800	0	0	0	17,100	0	0	0	15,300	0	0	0	0	-	-	-	-
Issuance of common stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	4,100	2,900	2,200
Common stock repurchased and retired
0	10,300	108,900	13,500	13,200	33,200	7,700	9,100	0	-	-	-	-	-	-	-	-	-	-	-	-	20,100	15,000	15,000	14,700	7,400	14,100	10,100	4,600	0	0	1,900	1,200	2,000	2,200	0	0	-	-	-	-
Stock options exercised
500	200	0	100	1,400	200	1,000	1,200	1,000	11,300	2,700	7,000	8,800	100	200	200	0	0	100	100	2,000	100	1,100	1,800	3,600	2,000	600	2,000	4,200	0	800	200	300	1,000	0	7,000	300	600	-100	2,400	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	0	300	0	400	200	500	200	300	200	900	0	300	0	400	-1,000	0	2,000	0	-	-	-	-
Dividends paid
31,500	30,800	32,800	32,700	33,000	33,300	33,400	33,500	33,400	33,400	33,300	33,200	33,100	33,000	33,000	33,100	33,000	33,000	15,500	15,500	15,500	15,600	15,700	15,800	15,900	15,900	16,000	16,100	16,000	16,100	16,000	16,000	16,000	16,000	16,000	16,100	15,900	15,800	16,000	15,700	15,800
Debt issuance costs
400	2,200	14,400	0	0	0	0	0	8,500	0	0	0	11,200	200	800	0	0	25,500	1,000	4,400	14,300	0	0	1,200	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net financing activities
118,200	-43,200	-49,600	-21,500	-95,000	-188,700	-213,700	-61,900	-100,500	-152,100	112,100	-43,600	-33,200	-61,900	-50,700	-174,800	-50,100	489,000	-17,400	-20,900	-28,500	-48,800	-28,200	-30,100	-41,400	-33,400	-29,200	-24,000	-44,000	-28,700	181,300	-27,200	-31,800	-69,200	-18,200	-7,100	-15,600	99,000	-30,800	-10,300	-13,600
Effect of exchange rate changes on cash and cash equivalents
-800	-200	100	0	-200	0	-100	100	-300	100	100	-100	300	-400	300	-100	500	-100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net increase (decrease) in cash and cash equivalents
-26,400	43,500	50,500	21,200	-73,100	22,100	12,500	35,100	-109,300	-37,500	71,400	16,000	-16,000	57,500	60,400	-249,000	-76,400	138,000	21,600	35,600	-60,000	-6,800	18,000	2,700	-64,900	24,000	142,200	48,600	-72,200	62,100	-95,500	-22,000	-84,200	-13,500	41,800	-3,900	-178,200	65,200	5,000	-22,600	-47,500
Cash paid for interest and income taxes:
Interest, net
58,500	63,100	27,000	55,900	52,300	54,900	48,500	64,000	41,400	62,200	45,400	63,600	29,700	73,900	24,800	84,800	17,300	13,500	6,700	5,500	6,600	6,000	12,800	5,300	12,700	5,900	12,800	5,900	12,600	9,100	7,400	3,500	7,500	8,800	7,400	4,700	7,500	4,600	7,500	4,900	7,600
Income taxes, net of refunds
2,500	-11,300	3,300	26,500	17,800	21,000	8,400	9,000	14,500	6,800	6,000	5,100	100	-18,900	5,100	7,600	3,600	-100	1,600	2,200	1,600	6,300	7,600	21,300	13,800	18,200	13,000	22,700	7,400	-100	7,800	13,600	7,100	7,100	19,100	14,000	1,300	-300	-6,100	800	-300
Non-cash investing activities:
Decrease in capital expenditures included in accounts payable and accrued liabilities
25,400	-	-14,700	-10,500	20,600	-	9,800	-14,900	12,100	-	900	3,200	20,900	-	-5,500	200	2,100	-	-300	-400	2,400	-	-1,700	-1,000	6,300	-	-2,200	5,300	8,000	-	6,000	-6,500	20,700	-	-700	-5,100	1,600	-	800	2,400	6,800