PACCAR Inc PCAR Cash Flow

Paccar inc (PCAR)

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	Dec'09	Sep'09	Jun'09	Mar'09
OPERATING ACTIVITIES:
Net Income
359,400	531,300	607,900	619,700	629,000	578,100	545,300	559,600	512,100	589,200	402,700	373,000	310,300	288,800	346,200	481,300	-594,600	347,200	431,200	447,200	378,400	394,300	371,400	319,200	273,900	334,200	309,400	291,600	236,100	253,500	233,600	297,200	327,300	327,700	281,600	239,700	193,300	169,800	119,900	99,600	68,300	46,100	13,000	26,500	26,300
Adjustments to reconcile net income to cash provided by operations:
Depreciation and amortization, Property, plant and equipment
70,000	79,100	80,500	81,200	81,400	82,000	75,800	86,200	93,600	86,000	83,900	77,600	73,900	71,800	75,100	79,700	75,800	70,800	75,200	75,900	70,300	83,500	68,700	67,800	65,200	60,300	53,200	52,200	45,000	44,200	46,800	49,200	48,600	50,100	49,200	50,100	47,100	47,700	48,500	45,600	48,100	43,300	48,800	46,400	49,500
Depreciation and amortization, Equipment on operating leases and other
202,000	205,800	191,600	180,000	177,700	177,700	176,800	182,100	179,900	207,200	202,200	191,400	185,300	175,700	175,100	173,200	166,700	157,000	155,700	151,400	150,800	156,600	161,400	159,900	154,600	-	-	145,400	139,700	-	-	-	-	-	-	-	-	-	-	105,800	117,300	-	124,200	113,000	105,300
Provision for losses on financial services receivables
17,000	3,600	5,600	4,000	2,200	1,700	4,300	4,600	5,900	4,900	4,700	6,800	5,900	3,900	5,100	6,000	3,400	3,700	2,400	3,600	2,700	2,900	4,800	4,000	3,700	-	-	5,300	6,500	-	-	-	-	-	-	-	-	-	-	17,400	18,400	-	26,600	29,100	25,000
Other, net
1,700	26,400	-24,500	-37,500	9,000	-24,300	-13,500	-45,000	47,700	-48,500	-3,900	-7,200	16,000	-28,100	-8,100	-11,500	17,400	-61,400	-30,200	-2,200	47,200	-109,200	35,800	9,900	23,100	17,700	-41,200	-2,200	-10,900	24,100	-46,800	-22,400	11,100	-3,600	-83,200	68,100	-9,700	-35,100	-15,600	58,000	-18,900	-5,900	-21,400	17,500	-28,300
Pension contributions
23,300	19,200	5,300	5,400	5,800	3,200	5,000	5,100	75,600	55,300	4,900	5,500	4,900	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	97,100	8,300	2,700	82,700	72,300	6,100	2,700	4,100	-	-	-	19,300	17,900	3,500	2,000	153,200
European Commission charge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-109,600	942,600	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in operating assets and liabilities:
(Increase) decrease in assets other than cash and cash equivalents:
Trade and other receivables
-19,400	-431,100	66,800	-5,900	442,500	-289,400	56,900	177,900	353,700	-267,900	36,400	144,800	280,400	-133,600	-20,300	300	215,400	-246,200	-75,100	-69,700	285,700	-224,000	88,800	45,600	160,900	-70,500	74,000	-102,400	213,900	-102,800	-112,700	-72,300	212,600	-10,700	75,400	86,600	257,100	-	-	-	-	-	-	-	-
Wholesale receivables on new trucks
6,800	47,400	151,800	-81,700	402,700	137,300	140,500	1,500	233,000	-44,300	140,300	95,200	80,800	-189,800	14,200	-152,300	-73,700	-93,900	13,900	137,900	215,500	142,000	155,600	-122,900	58,100	-124,800	140,400	52,500	14,400	-171,100	-80,000	-100	257,700	122,000	218,800	134,500	75,800	76,600	1,900	-77,900	500	-146,800	-81,000	-208,800	-205,200
Sales-type finance leases and dealer direct loans on new trucks
-	-	-	-	-	-	-	-	-	-	7,700	-46,400	-59,400	-10,400	-19,900	-36,600	-49,200	27,800	12,000	2,100	-35,300	95,600	31,200	27,800	-21,500	82,900	24,700	9,200	-14,900	74,500	46,400	49,300	16,400	122,700	38,300	12,700	-32,400	34,100	-12,900	-31,000	-57,300	13,900	-12,300	-39,100	-44,100
Inventories
169,000	-159,800	-13,500	55,900	92,800	-94,500	38,700	253,000	135,500	-57,900	81,000	92,000	34,800	-71,500	-4,900	1,900	10,400	-89,400	26,600	8,500	-10,000	-30,100	67,600	8,800	143,200	-77,700	46,600	22,900	47,800	-139,500	24,000	80,800	96,200	-10,600	20,300	143,400	34,000	-	-	-	-	-	-	-	-
Other assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-14,700	-111,400	-191,300	111,500	183,100
(Decrease) increase in liabilities:
Accounts payable and accrued expenses
-44,300	-495,900	70,700	-7,700	405,300	-234,000	101,500	220,100	441,300	-262,200	173,600	234,600	187,600	-161,200	-72,700	14,800	210,500	-448,600	-195,300	167,800	313,500	-215,300	345,200	-57,200	179,600	-270,200	143,300	147,100	220,600	-317,500	-141,300	-132,700	287,900	-78,400	108,400	219,500	335,500	-	-	-	-	-	-	-	-
Income taxes, warranty and other
3,200	596,200	-43,300	-114,500	20,200	86,400	52,600	13,100	138,000	-179,200	36,600	-24,800	205,000	-109,300	112,100	69,300	111,700	53,600	145,600	-2,700	63,600	90,300	192,000	38,900	-27,500	-38,500	141,500	107,000	-13,600	30,000	40,600	10,600	9,700	-177,200	60,000	141,500	86,500	-	-	-	-	-	-	-	-
Net Cash Provided by Operating Activities
425,900	943,700	727,100	826,500	363,000	1,065,100	728,700	673,200	525,300	893,300	637,300	574,700	610,500	810,300	-158,900	853,600	795,800	704,800	664,100	710,900	476,200	522,000	760,800	555,100	285,700	675,400	547,700	768,600	384,000	602,400	472,600	317,700	126,300	441,300	359,300	332,700	459,300	388,600	363,300	514,100	285,400	509,300	454,000	319,200	90,800
INVESTING ACTIVITIES:
Originations of retail loans and finance leases
824,300	1,108,200	998,000	1,087,500	888,100	969,700	959,100	1,080,700	849,400	984,800	784,500	762,500	585,000	799,500	659,800	762,900	603,700	822,000	786,600	818,400	637,500	872,100	770,700	808,700	662,700	803,300	757,100	802,400	630,000	903,200	801,600	837,100	693,600	869,800	686,400	671,100	504,600	585,500	465,400	407,300	331,000	473,700	336,600	281,100	190,800
Collections on retail loans and finance leases
759,200	904,300	921,300	798,400	764,800	715,100	734,000	768,400	696,500	716,000	673,700	708,400	615,600	657,000	614,000	646,500	592,300	668,200	674,700	713,600	625,400	748,900	711,200	726,600	660,900	577,200	651,400	636,300	604,300	630,500	624,000	571,900	577,900	560,900	541,800	554,300	464,000	542,500	523,700	474,000	499,100	433,300	595,400	492,600	561,700
Net (increase) decrease in wholesale receivables on used equipment
29,100	17,800	15,800	18,400	-4,300	-4,400	20,600	6,500	-21,800	11,100	-14,700	-400	-1,200	-4,100	8,800	-7,700	-6,500	5,300	7,600	10,200	1,600	6,500	-3,000	-11,400	6,800	-	-	-4,800	-10,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of marketable debt securities
184,800	172,600	283,800	191,600	202,600	138,600	225,000	123,800	128,500	356,700	178,300	188,700	246,600	235,700	252,400	239,700	304,100	334,800	284,000	388,300	322,700	222,600	280,800	310,200	308,900	331,600	250,400	219,000	189,100	550,400	170,100	172,400	156,000	189,300	222,600	268,100	934,200	256,200	238,700	168,000	94,600	53,800	118,500	42,700	73,300
Proceeds from sales and maturities of marketable debt securities
225,300	128,100	281,000	159,800	146,600	111,000	251,300	120,600	448,600	200,700	219,800	172,700	186,300	137,900	594,600	254,200	318,100	256,600	262,300	239,700	276,900	225,900	222,700	227,600	321,700	260,400	263,500	194,900	170,100	322,500	148,300	167,800	129,700	190,600	315,400	228,000	408,400	160,000	178,600	117,500	67,700	75,200	44,200	55,000	71,100
Payments for property, plant and equipment
176,400	186,800	137,300	147,100	102,800	123,100	112,900	123,200	98,400	127,500	107,600	95,600	92,700	133,200	90,000	74,700	77,300	99,200	88,100	44,600	54,800	69,800	70,400	77,700	80,300	132,800	108,100	131,300	138,400	180,800	125,900	138,000	70,700	126,000	97,200	55,300	62,200	52,600	68,000	21,700	26,100	51,400	46,100	13,700	16,500
Acquisitions of equipment for operating leases
280,100	358,400	378,000	373,000	287,400	416,300	381,400	420,300	276,700	375,400	319,800	391,400	336,600	387,400	435,100	427,100	340,100	345,300	359,900	392,400	340,900	358,900	346,300	351,000	182,900	357,500	396,400	356,800	251,500	325,300	334,700	398,700	229,300	293,000	295,600	422,700	295,300	237,000	150,900	164,500	163,000	307,100	237,400	202,400	96,400
Proceeds from asset disposals
113,100	160,500	178,400	134,700	164,500	163,000	182,400	178,300	130,000	113,700	112,800	123,400	120,800	112,900	102,700	102,100	116,100	108,700	99,000	118,100	123,000	105,500	102,200	104,400	83,400	101,400	78,900	77,000	82,800	79,000	75,800	89,900	85,500	91,400	72,600	89,200	85,800	116,100	73,400	122,800	79,800	287,700	18,500	122,500	91,400
Other, net
-17,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,600	-2,400	-1,300	8,600	-19,600	11,400	5,500	12,600	-	-3,500	6,300	-8,600	-	14,700	-7,500	-4,900
Net Cash Used in Investing Activities
-379,800	-650,900	-431,100	-724,700	-400,700	-654,200	-531,300	-689,100	-56,100	-825,100	-369,200	-433,300	-337,000	-642,900	-135,300	-493,900	-292,200	-573,200	-487,000	-582,500	-332,200	-449,600	-429,100	-477,600	-175,600	-686,900	-526,100	-596,500	-341,500	-925,800	-581,800	-715,300	-365,100	-633,700	-383,400	-551,200	-850,700	-310,300	-143,800	-53,500	40,500	-84,000	-95,200	137,700	352,100
FINANCING ACTIVITIES:
Payments of cash dividends
907,400	110,800	110,800	110,900	806,100	97,700	98,100	98,400	510,100	87,900	87,900	87,800	294,700	84,100	84,200	84,100	576,900	84,800	85,200	78,100	432,400	78,000	78,000	78,100	389,700	70,800	70,900	70,700	70,700	353,600	70,200	71,300	314,400	64,300	65,400	43,900	43,800	153,400	32,800	32,700	32,800	32,700	32,700	65,400	101,300
Purchases of treasury stock
41,500	0	53,700	23,600	32,900	201,200	59,000	80,700	13,500	-	-	-	-	14,200	0	0	56,300	130,900	70,700	0	0	-	-	-	-	-	-	-	-	0	22,600	123,900	15,600	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock compensation transactions
6,300	27,000	9,900	8,000	15,900	6,100	2,300	1,400	9,500	11,100	9,400	1,000	17,800	18,100	3,900	4,800	2,600	5,600	3,500	6,400	6,300	12,700	3,100	1,700	11,600	5,300	8,200	9,900	7,600	6,500	1,700	800	4,900	6,500	0	2,800	1,600	12,200	2,200	4,000	3,600	6,300	5,600	-1,300	7,000
Net decrease in commercial paper and short-term bank loans and other
-133,500	-79,400	305,900	444,500	-113,900	526,000	-130,200	-54,200	284,300	90,200	-75,000	318,100	18,800	-39,200	105,600	-271,300	-117,900	243,300	-98,900	454,200	-347,900	-246,200	351,600	-105,000	348,700	-127,200	-254,400	-198,800	-458,900	192,100	-49,700	-482,300	-25,900	652,800	-17,900	861,300	146,400	326,200	-156,200	-386,500	-331,600	-267,400	107,700	274,200	-904,300
Proceeds from term debt
710,000	448,100	602,300	817,200	636,700	254,600	757,600	929,000	398,700	299,200	411,200	547,800	412,000	130,400	497,900	840,900	525,600	56,700	630,200	752,000	554,300	384,000	315,300	940,200	11,300	250,000	539,000	845,100	500,000	250,000	376,600	941,500	633,000	100,000	583,100	346,800	135,600	66,000	0	627,800	13,200	267,200	150,900	12,100	942,800
Payments on term debt
467,600	112,800	560,300	866,900	250,000	353,000	257,700	636,400	508,200	337,100	119,200	841,200	599,600	2,500	513,400	609,200	500,000	311,300	359,300	889,300	20,200	0	576,600	756,400	550,000	3,400	0	550,100	15,400	265,500	120,000	23,000	259,600	173,800	100,000	793,900	250,200	350,100	200	536,100	3,200	285,800	721,500	823,000	354,600
Net Cash Used in Financing Activities
-833,700	172,100	193,300	268,300	-550,300	134,800	214,900	60,700	-339,300	-24,500	138,500	-62,100	-445,700	8,500	9,800	-118,900	-722,900	-221,400	19,600	245,200	-239,900	55,300	-10,100	2,400	-568,100	53,900	221,900	35,400	-37,400	-170,500	115,800	241,800	22,400	433,800	149,600	373,100	-10,400	-99,100	-187,000	-323,500	-350,800	-312,400	-490,000	-603,400	-410,400
Effect of exchange rate changes on cash
-64,400	40,700	-39,200	6,700	-5,300	-23,800	-5,100	-42,100	9,500	7,700	26,900	36,100	20,900	-48,100	7,400	-23,200	50,200	-19,900	-33,700	24,800	-77,000	-38,500	-53,500	10,500	-2,200	-2,700	25,000	-27,000	-16,100	15,800	24,000	-47,400	32,800	-14,300	-118,500	28,300	50,700	4,400	126,600	-93,700	-32,400	-100	60,700	91,300	-62,800
Net Decrease in Cash and Cash Equivalents
-852,000	505,600	450,100	376,800	-593,300	521,900	407,200	2,700	139,400	51,400	433,500	115,400	-151,300	127,800	-277,000	217,600	-169,100	-109,700	163,000	398,400	-172,900	89,200	268,100	90,400	-460,200	39,700	268,500	180,500	-11,000	-478,100	30,600	-203,200	-183,600	227,100	7,000	182,900	-351,100	-16,400	159,100	43,400	-57,300	112,800	-70,500	-55,200	-30,300