Phh corp (PHH)
CashFlow / Quarterly
Jun'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'10
Cash flows from operating activities:
Net loss

-35

-30

-31

-42

-50

-71

-133

-21

-9

-30

-51

-47

-56

23

-32

218

-55

-44

44

-46

102

64

73

-23

-42

85

21

-138

-37

52

187

7

-126

8

Adjustments to reconcile Net loss to net cash provided by operating activities:
Capitalization of originated mortgage servicing rights

0

3

8

10

7

11

15

15

17

13

21

32

28

20

173

-30

-21

-25

-35

-64

-71

-74

-

-

-

-

-

-

-

-

-

-

-

-

Capitalization of originated mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-66

-108

-

-100

-77

-180

-160

-101

-98

-97

Change in fair value of mortgage servicing rights and related derivatives

-10

23

-26

-35

-29

-29

-95

-50

-119

36

-227

65

31

-27

49

84

32

73

-5

74

-74

11

56

217

203

26

136

409

159

32

-

-

-

-

Change in fair value of mortgage servicing rights secured liability

6

-24

21

28

-1

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net unrealized loss on mortgage servicing rights

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

320

52

Vehicle depreciation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

296

300

299

305

305

302

304

304

303

301

301

307

309

306

303

307

306

308

Depreciation and amortization

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5

6

9

8

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Origination of mortgage loans held for sale

150

267

1,117

1,898

2,056

1,735

2,665

2,798

2,900

2,150

2,602

3,648

4,239

3,023

3,057

3,479

3,351

2,725

3,701

6,371

7,997

7,845

8,932

9,062

8,384

10,784

11,916

9,637

7,888

9,488

14,416

10,075

7,783

5,866

Proceeds on sale of and payments from mortgage loans held for sale

149

497

1,486

2,015

1,968

2,009

2,809

3,030

2,778

2,221

2,720

4,307

3,927

3,011

2,939

3,745

3,097

3,003

4,065

7,161

8,105

8,506

9,056

9,332

8,311

12,012

12,132

8,839

7,644

12,648

12,857

9,638

6,991

6,010

Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives

6

7

44

61

68

53

47

85

81

53

79

67

81

70

68

67

62

33

68

80

185

194

362

236

246

264

195

219

115

-13

-

-

-

-

Depreciation and amortization

2

3

3

4

3

4

3

4

5

4

5

4

4

5

-

-

-

-

-

-

-

7

-

7

6

6

6

7

6

6

5

6

5

6

Net gain on interest rate lock commitments, mortgage loans held for sale and related derivatives

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

288

38

165

Deferred income tax benefit

0

0

80

-91

-58

-32

-16

-17

-20

-38

-16

-52

0

-2

-42

-65

37

-26

10

-31

56

29

19

-37

-41

36

9

-103

-36

30

-

-

-

-

Deferred income tax benefit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-12

-86

1

Other adjustments and changes in other assets and liabilities, net

19

31

29

-17

-96

-52

15

-8

-40

-44

-18

22

-82

16

441

64

-73

60

14

154

-166

-27

-101

141

-24

-133

-95

125

20

265

-191

-12

-5

-50

Net cash provided by operating activities

-55

163

306

-53

-142

192

54

156

-157

21

63

508

-330

-119

-666

129

55

471

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-504

307

Cash flows from investing activities:
Investment in vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

489

481

-

371

438

381

351

315

421

376

Proceeds on sale of investment vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

64

92

-

111

87

82

85

76

105

87

Net cash paid on derivatives related to mortgage servicing rights

0

0

0

0

-1

46

61

25

-67

-79

14

-44

52

-57

-48

-3

-11

-8

1

3

-2

21

-

-10

-2

5

-

-

-

-

-

-

-

-

Proceeds on sale of mortgage servicing rights

3

6

5

31

20

71

5

3

2

2

2

9

13

23

38

19

6

4

-

-

-

-

-

-

-

-

-

-

-

-

-

1

2

3

Purchases of property and equipment

1

1

0

1

0

0

4

4

2

7

6

9

11

5

4

3

5

3

10

5

6

11

13

8

4

6

9

7

5

4

7

4

3

3

Decrease (increase) in restricted cash

-

-

-

-

-

-

7

-4

1

6

4

0

-3

-10

9

-9

-17

104

-18

-97

63

-15

-4

-64

-2

-39

56

1

-18

32

43

-84

-229

-49

Net cash provided by operating activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

833

-

291

68

1,443

447

-760

-55

3,154

-

-

-

-

Investment in vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

441

409

433

365

477

447

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds on sale of investment vehicles

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

98

103

155

100

77

77

-

-

-

-

-

-

-

-

-

-

-

-

Purchases of restricted investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

34

51

27

56

46

49

65

76

74

35

-

-

-

-

Proceeds from sales and maturities of restricted investments

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

39

108

58

32

57

60

70

75

82

81

41

-

-

-

-

Other, net

-

-

-

-

-

-

0

0

1

-6

0

1

-1

-2

-1

0

0

-6

-1

0

-1

-1

0

-2

0

-19

-3

-2

-1

-21

-10

-4

-2

-4

Net cash provided by investing activities

2

5

57

83

32

25

-67

-22

65

74

-22

43

-46

87

330

868

-314

-395

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-326

-236

Cash flows from financing activities:
Net cash used in investing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-379

-

-172

-411

-321

-432

-261

-330

-308

-

-

-

-

Proceeds from secured borrowings

221

501

2,048

2,945

2,556

1,907

3,005

3,287

3,444

2,570

3,368

4,646

5,493

3,706

4,008

4,752

4,621

4,873

6,583

11,084

12,920

12,755

14,736

15,712

14,688

17,663

20,937

15,143

10,695

16,227

-

-

-

-

Principal payments on secured borrowings

210

704

2,331

2,994

2,446

2,087

3,075

3,427

3,283

2,609

3,400

5,166

5,148

3,664

3,843

4,918

4,277

5,027

6,868

11,690

12,792

13,093

14,503

15,675

14,302

18,495

20,616

14,324

10,405

18,939

-

-

-

-

Proceeds from mortgage servicing rights secured liability

1

7

6

318

102

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from unsecured borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

275

0

243

694

390

175

45

-

-

-

-

Principal payments on unsecured borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

419

201

51

675

310

175

45

-

-

-

-

Proceeds from borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,427

14,754

7,371

Principal payments on borrowings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

16,901

13,852

7,449

Issuances of Common stock

-

-

-

-

-

-

-

-

-

-

0

0

0

2

0

8

0

2

-

-

-

-

-

-

-

-

0

0

1

7

3

1

1

5

Repurchase of common stock

-

-

-

-

-

-

0

0

0

23

77

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash used to acquire mandatorily redeemable noncontrolling interest

0

19

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash paid for debt issuance costs

-

-

-

-

-

-

-

-

-

2

1

2

2

2

7

2

3

9

3

15

9

2

14

21

15

7

15

6

10

4

7

15

22

7

Distributions to noncontrolling interest

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

6

20

15

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1

-3

-1

-1

0

-4

-1

27

-14

-3

-14

11

-3

-7

-5

-22

3

-6

-2

Net cash (used in) provided by financing activities

12

-215

-315

-555

186

-180

-77

-143

160

-64

-117

-527

65

42

144

-784

338

-162

-

-

-

-

-

-

-

-

-

-

-

-

-

-

875

-82

Net (decrease) increase in Cash, cash equivalents and restricted cash

-41

-47

-

-

76

37

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Effect of changes in exchange rates on Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-4

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-2

Net cash used in financing activities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-356

-

-141

167

-661

316

890

274

-2,714

-

-

-

-

Effect of changes in exchange rates on Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-1

3

-2

-2

-

-

-

-

Net increase (decrease) in Cash and cash equivalents

-

-

-

-

-

-

-90

-9

68

31

-76

24

-311

10

-192

213

83

-90

-

-

-

-

-

-

-

-

-

-

-

-

-

-

47

-13

Net (decrease) increase in Cash and cash equivalents

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

-

-23

-175

461

330

-128

-113

130

-

-

-

-