Paccar inc (PCAR)
CashFlow / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09
OPERATING ACTIVITIES:
Net Income

2,118

2,387

2,434

2,372

2,312

2,195

2,206

2,063

1,877

1,675

1,374

1,318

1,426

521

580

665

631

1,604

1,651

1,591

1,463

1,358

1,298

1,236

1,209

1,171

1,090

1,014

1,020

1,111

1,185

1,233

1,176

1,042

884

722

582

457

333

227

153

111

0

0

0

Adjustments to reconcile net income to cash provided by operations:
Depreciation and amortization, Property, plant and equipment

310

322

325

320

325

337

341

349

341

321

307

298

300

302

301

301

297

292

304

298

290

285

262

246

230

210

194

188

185

188

194

197

198

196

194

193

188

189

185

185

186

188

0

0

0

Depreciation and amortization, Equipment on operating leases and other

779

755

727

712

714

716

746

771

780

786

754

727

709

690

672

652

630

614

614

620

628

632

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Provision for losses on financial services receivables

30

15

13

12

12

16

19

20

22

22

21

21

20

18

18

15

13

12

11

14

14

15

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

0

0

-

0

0

0

Other, net

-33

-26

-77

-66

-73

-35

-59

-49

-11

-43

-23

-27

-31

-30

-63

-85

-76

-46

-94

-28

-16

-40

86

9

-2

-36

-30

-35

-56

-34

-61

-98

-7

-28

-59

7

-2

-11

17

11

-28

-38

0

0

0

Pension contributions

53

35

19

19

19

88

141

140

141

70

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

190

166

163

163

85

0

0

0

-

-

-

42

176

0

0

0

European Commission charge

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Change in operating assets and liabilities:
(Increase) decrease in assets other than cash and cash equivalents:
Trade and other receivables

-389

72

214

204

387

299

320

300

267

193

328

271

126

61

-50

-105

-175

-105

-83

80

196

71

224

210

62

115

82

-104

-73

-75

16

205

363

408

0

0

0

-

-

-

-

-

-

-

-

Wholesale receivables on new trucks

124

520

610

598

682

512

330

330

424

272

126

0

-247

-401

-305

-306

-15

273

509

651

390

232

-34

-49

126

82

36

-184

-236

6

299

598

733

551

505

288

76

1

-222

-305

-436

-641

0

0

0

Sales-type finance leases and dealer direct loans on new trucks

-

-

-

-

-

-

-

-

-

-

-108

-136

-126

-116

-77

-46

-7

6

74

93

119

133

120

113

95

101

93

115

155

186

234

226

190

141

52

1

-42

-67

-87

-86

-94

-81

0

0

0

Inventories

51

-24

40

92

290

332

369

411

250

149

136

50

-39

-64

-82

-50

-43

-64

-5

36

36

189

141

120

135

39

-22

-44

13

61

190

186

249

187

0

0

0

-

-

-

-

-

-

-

-

Other assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-205

-8

0

0

0

(Decrease) increase in liabilities:
Accounts payable and accrued expenses

-477

-27

234

265

492

528

500

572

587

333

434

188

-31

-8

-296

-418

-265

-162

70

611

386

252

197

-4

199

240

193

-91

-370

-303

-64

185

537

585

0

0

0

-

-

-

-

-

-

-

-

Income taxes, warranty and other

441

458

-51

44

172

290

24

8

-29

37

107

183

277

183

346

380

308

260

296

343

384

293

164

114

182

196

264

164

67

90

-116

-96

34

110

0

0

0

-

-

-

-

-

-

-

-

Net Cash Provided by Operating Activities

2,923

2,860

2,981

2,983

2,830

2,992

2,820

2,729

2,630

2,715

2,632

1,836

2,115

2,300

2,195

3,018

2,875

2,556

2,373

2,469

2,314

2,123

2,277

2,063

2,277

2,375

2,302

2,227

1,776

1,519

1,357

1,244

1,259

1,592

1,539

1,543

1,725

1,551

1,672

1,762

1,567

1,373

0

0

0

INVESTING ACTIVITIES:
Originations of retail loans and finance leases

4,018

4,081

3,943

3,904

3,897

3,858

3,874

3,699

3,381

3,116

2,931

2,806

2,807

2,825

2,848

2,975

3,030

3,064

3,114

3,098

3,089

3,114

3,045

3,031

3,025

2,992

3,092

3,137

3,171

3,235

3,202

3,086

2,920

2,731

2,447

2,226

1,962

1,789

1,677

1,548

1,422

1,282

0

0

0

Collections on retail loans and finance leases

3,383

3,388

3,199

3,012

2,982

2,914

2,914

2,854

2,794

2,713

2,654

2,595

2,533

2,509

2,521

2,581

2,648

2,681

2,762

2,799

2,812

2,847

2,675

2,616

2,525

2,469

2,522

2,495

2,430

2,404

2,334

2,252

2,234

2,121

2,102

2,084

2,004

2,039

1,930

2,001

2,020

2,083

0

0

0

Net (increase) decrease in wholesale receivables on used equipment

81

47

25

30

18

0

16

-18

-25

-5

-20

3

-4

-9

-0

-1

16

24

25

15

-6

-1

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of marketable debt securities

832

850

816

757

690

615

834

787

852

970

849

923

974

1,031

1,131

1,162

1,311

1,329

1,217

1,214

1,136

1,122

1,231

1,201

1,109

990

1,208

1,128

1,082

1,048

687

740

836

1,614

1,681

1,697

1,597

757

555

434

309

288

0

0

0

Proceeds from sales and maturities of marketable debt securities

794

715

698

668

629

931

1,021

989

1,041

779

716

1,091

1,173

1,304

1,423

1,091

1,076

1,035

1,004

965

953

997

1,032

1,073

1,040

888

951

835

808

768

636

803

863

1,142

1,111

975

864

523

439

304

242

245

0

0

0

Payments for property, plant and equipment

647

574

510

485

462

457

462

456

429

423

429

411

390

375

341

339

309

286

257

239

272

298

361

398

452

510

558

576

583

515

460

431

349

340

267

238

204

168

167

145

137

127

0

0

0

Acquisitions of equipment for operating leases

1,389

1,396

1,454

1,458

1,505

1,494

1,453

1,392

1,363

1,423

1,435

1,550

1,586

1,589

1,547

1,472

1,437

1,438

1,452

1,438

1,397

1,239

1,237

1,287

1,293

1,362

1,330

1,268

1,310

1,288

1,255

1,216

1,240

1,306

1,250

1,105

847

715

785

872

909

843

0

0

0

Proceeds from asset disposals

586

638

640

644

688

653

604

534

479

470

469

459

438

433

429

425

441

448

445

448

435

395

391

368

340

340

317

314

327

330

342

339

338

339

363

364

398

392

563

508

508

520

0

0

0

Other, net

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

-14

-0

5

9

0

0

0

-

0

0

0

-

0

0

0

Net Cash Used in Investing Activities

-2,186

-2,207

-2,210

-2,310

-2,275

-1,930

-2,101

-1,939

-1,683

-1,964

-1,782

-1,548

-1,609

-1,564

-1,494

-1,846

-1,934

-1,974

-1,851

-1,793

-1,688

-1,531

-1,769

-1,866

-1,985

-2,151

-2,389

-2,445

-2,564

-2,588

-2,295

-2,097

-1,933

-2,419

-2,095

-1,856

-1,358

-467

-240

-192

-1

310

0

0

0

FINANCING ACTIVITIES:
Payments of cash dividends

1,239

1,138

1,125

1,112

1,100

804

794

784

773

558

554

550

547

829

830

831

825

680

673

666

666

623

616

609

602

283

565

565

565

809

520

515

488

217

306

273

262

251

131

130

163

232

0

0

0

Purchases of treasury stock

118

110

311

316

373

354

0

0

0

-

-

-

-

70

187

257

257

201

0

0

0

-

-

-

-

-

-

-

-

162

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock compensation transactions

51

60

39

32

25

19

24

31

31

39

46

40

44

29

16

16

18

21

28

28

23

29

21

26

35

31

32

25

16

13

13

12

14

10

16

18

20

22

16

19

14

17

0

0

0

Net decrease in commercial paper and short-term bank loans and other

537

557

1,162

726

227

625

190

245

617

352

222

403

-186

-322

-40

-244

480

250

-238

211

-347

349

468

-137

-231

-1,039

-720

-515

-798

-365

94

126

1,470

1,642

1,316

1,177

-70

-548

-1,141

-877

-217

-789

0

0

0

Proceeds from term debt

2,577

2,504

2,310

2,466

2,577

2,339

2,384

2,038

1,656

1,670

1,501

1,588

1,881

1,994

1,921

2,053

1,964

1,993

2,320

2,005

2,193

1,650

1,516

1,740

1,645

2,134

2,134

1,971

2,068

2,201

2,051

2,257

1,662

1,165

1,131

548

829

707

908

1,059

443

1,373

0

0

0

Payments on term debt

2,007

1,790

2,030

1,727

1,497

1,755

1,739

1,600

1,805

1,897

1,562

1,956

1,724

1,625

1,933

1,779

2,059

1,580

1,268

1,486

1,353

1,883

1,886

1,309

1,103

568

831

951

423

668

576

556

1,327

1,317

1,494

1,394

1,136

889

825

1,546

1,833

2,184

0

0

0

Net Cash Used in Financing Activities

-200

83

46

67

-139

71

-88

-164

-287

-393

-360

-489

-546

-823

-1,053

-1,043

-679

-196

80

50

-192

-520

-521

-289

-256

273

49

-56

149

209

813

847

978

946

413

76

-620

-960

-1,173

-1,476

-1,756

-1,816

0

0

0

Effect of exchange rate changes on cash

-56

2

-61

-27

-76

-61

-30

2

80

91

35

16

-43

-13

14

-26

21

-105

-124

-144

-158

-83

-47

30

-6

-20

-2

-3

-23

25

-4

-147

-71

-53

-35

210

88

4

0

-65

119

89

0

0

0

Net Decrease in Cash and Cash Equivalents

480

739

755

712

338

1,071

600

627

739

449

525

-185

-82

-100

-338

101

282

278

477

582

274

-12

-62

-61

28

477

-40

-278

-661

-834

-129

-152

233

65

-177

-25

-165

128

258

28

-70

-43

0

0

0