POLYONE CORP POL Cash Flow

Polyone corp (POL)

CashFlow / TTM

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 income
583,300	588,800	134,700	141,800	150,900	159,500	186,400	175,000	-57,600	-57,600	-62,000	-58,500	172,900	165,000	134,300	136,500	153,500	144,700	126,700	114,900	79,400	78,400	117,600	107,700	256,800	242,700	221,500	222,700	66,700	71,800	81,100	78,700	82,600	172,600	250,200	232,200	251,800	162,600	0	0	0
Adjustments to reconcile net income to net cash used by operating activities:
Depreciation and amortization
84,100	87,500	87,900	90,400	89,400	88,500	90,700	89,800	93,700	97,400	101,500	103,900	102,300	100,500	99,000	97,500	97,400	98,100	98,600	78,400	93,000	100,800	97,000	123,500	110,000	97,100	93,100	80,000	72,000	69,800	67,900	64,700	61,100	57,500	56,100	55,800	55,300	55,200	0	0	0
Accelerated depreciation and fixed asset charges associated with restructuring activities
-	-	-	-	-	-	-	-	-	900	1,700	2,200	3,000	5,400	6,100	15,200	15,000	17,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income tax benefit
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,600	0	0	0	-	-	-	-
Provision for doubtful accounts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	100	-400	-300	300	900	1,500	1,700	2,000	2,300	1,300	2,200	2,500	0	0	0
Debt extinguishment costs
-	-	-	-	-	-	-	-	-	-300	-300	-300	-700	-400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Share-based compensation expense
11,900	12,300	11,300	11,100	10,700	10,900	10,500	10,000	10,500	10,200	9,900	9,800	8,600	8,400	9,600	9,200	9,400	9,100	8,800	8,300	12,300	14,200	14,700	16,500	13,300	16,500	15,800	15,500	15,400	10,400	9,200	7,800	6,200	5,400	5,200	4,900	4,700	4,400	0	0	0
Income related to previously owned equity affiliates
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	152,000	156,100	166,600	174,400	42,000	0	0	0
Dividends and distributions received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,200	0	0	0
Changes in assets and liabilities, net of the effect of acquisitions:
Increase in accounts receivable
-25,800	-29,700	-46,600	-29,600	-18,100	11,300	31,700	33,200	40,400	44,700	33,800	31,800	24,800	17,600	6,300	900	-18,900	-42,600	-43,800	-57,600	-50,300	-24,400	-39,800	-23,500	-21,400	-26,900	-4,600	-15,700	-5,200	-1,200	-22,700	-13,200	-5,200	-7,300	11,800	11,000	27,000	20,200	0	0	0
Increase in inventories
-39,200	-40,200	-9,500	16,500	39,600	10,600	19,500	7,800	1,700	41,100	10,500	12,700	8,300	-800	7,900	-11,900	-700	-21,400	-17,000	-10,200	-29,900	-28,400	-29,200	-47,700	-14,900	-20,400	-32,800	-9,600	-15,900	3,000	-15,600	-25,200	-17,900	-8,000	-2,500	12,100	20,500	27,400	0	0	0
Increase in accounts payable
20,700	-22,700	-48,800	-34,300	-7,500	7,900	37,600	46,700	30,300	52,200	25,300	30,300	21,000	12,400	6,800	-22,200	-600	-8,300	-26,500	-15,600	-36,200	-15,200	12,500	3,800	-22,600	-16,600	-16,300	-27,200	5,000	16,800	-17,700	-17,900	5,400	11,200	22,700	24,900	28,200	36,600	0	0	0
Decrease in pension and other post-retirement benefits
-21,000	-19,700	5,500	5,800	5,200	4,800	-6,900	-7,900	-8,600	-9,600	-22,300	-22,800	-22,800	-43,200	-23,800	-23,800	-24,300	-24,600	22,200	23,200	24,400	30,000	-71,900	-79,900	-88,200	-124,500	-88,000	-89,100	-90,900	-41,700	0	0	0	-	-	-	-	-	-	-	-
Increase in post-acquisition earnout liabilities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease in accrued expenses and other assets and liabilities, net
13,200	9,200	34,800	16,400	-24,900	4,000	-2,700	-1,600	3,400	-28,300	-39,400	-40,700	-35,700	-15,000	37,100	22,200	15,600	-49,300	-63,300	-46,100	-19,400	-39,200	-17,300	-69,000	38,700	54,800	-30,500	45,600	-54,100	-8,700	-21,000	-39,500	-72,700	-74,200	-25,500	-14,700	7,200	24,100	0	0	0
Payment of post-acquisition date earnout liability
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by operating activities
312,700	300,800	281,400	244,200	202,300	253,700	262,100	267,600	252,800	202,400	206,300	216,700	227,400	227,600	244,200	235,000	274,600	240,300	205,200	224,500	225,500	208,400	245,600	178,000	125,600	109,000	15,200	49,400	35,500	106,900	140,200	113,700	91,800	72,500	77,600	90,700	98,600	140,800	0	0	0
Investing Activities
Capital expenditures
82,900	81,700	72,700	71,000	73,000	76,000	78,800	77,000	77,000	79,600	78,200	78,700	80,100	84,200	87,600	91,700	95,700	91,200	93,700	93,900	90,400	92,800	95,300	87,700	81,000	76,400	66,200	67,400	62,400	57,400	55,000	50,300	54,300	54,100	52,700	49,100	42,900	39,500	0	0	0
Business acquisitions, net of cash acquired
0	119,600	119,600	119,600	145,200	98,600	98,600	124,500	215,900	163,800	169,700	229,300	112,300	164,200	176,600	91,100	91,100	18,300	0	0	0	-	-	-	-	259,400	293,200	293,200	293,700	33,800	486,600	486,600	488,400	508,400	0	0	0	-	-	-	-
Net proceeds from divestiture
0	761,800	1,400	3,900	0	0	-8,100	101,200	110,100	111,000	126,200	13,800	13,900	13,000	10,900	10,100	1,900	3,000	1,900	2,800	2,500	28,200	29,200	28,900	278,400	275,700	274,700	274,100	24,100	18,900	19,300	23,100	26,100	140,000	172,900	169,100	166,100	41,100	0	0	0
Net cash provided (used) by investing activities
741,000	611,900	-186,600	-182,400	-212,300	-170,300	-172,500	-87,300	-169,800	-119,400	-121,700	-294,200	-178,500	-235,400	-253,300	-172,700	-184,900	-106,500	-139,000	-138,300	-135,100	-111,800	-66,100	-58,800	197,900	-60,100	-84,700	-86,500	-332,000	-72,300	-522,300	-513,800	-516,600	-422,500	95,100	94,900	99,900	-1,700	0	0	0
Financing Activities
Borrowings under credit facilities
588,700	963,400	1,200,000	1,207,500	1,241,000	1,152,900	1,197,000	1,326,100	1,470,700	1,472,900	1,337,200	1,260,300	1,098,800	1,031,900	915,500	846,900	838,500	891,300	928,600	663,300	422,400	168,600	24,500	24,900	108,200	129,000	127,000	125,800	42,500	800	0	0	0	-	-	-	-	-	-	-	-
Repayments under credit facilities
814,700	1,083,900	1,101,300	1,103,300	1,110,400	1,090,300	1,201,200	1,397,900	1,417,700	1,417,000	1,239,600	1,116,300	1,106,500	1,032,700	1,037,500	927,000	924,000	936,800	807,600	583,100	289,300	122,800	20,900	20,900	128,400	117,500	117,500	117,500	10,000	0	0	0	0	-	-	-	-	-	-	-	-
Purchase of common shares for treasury
40,500	26,900	96,900	104,600	80,800	123,000	53,000	81,700	78,600	70,700	106,200	80,900	80,900	86,200	89,000	152,900	176,100	156,100	176,000	156,100	201,800	233,200	210,900	180,300	161,800	131,600	95,700	71,200	35,300	15,900	36,900	61,500	61,400	73,600	0	0	0	-	-	-	-
Exercise of share awards
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,400	4,800	5,300	6,900	8,900	10,300	9,800	7,300	8,600	12,000	12,300	15,100	12,200	9,400	11,500	6,900	9,900	9,700	7,800	7,400	0	0	0
Cash dividends paid
60,300	60,300	59,700	58,600	57,500	56,100	53,000	50,100	47,000	44,100	43,300	41,700	41,100	40,200	39,000	38,500	37,100	35,700	34,200	32,700	31,300	29,900	28,300	26,700	24,600	21,500	20,100	18,800	17,800	16,900	0	0	0	-	-	-	-	-	-	-	-
Change in short-term and current portion of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Repayment of long-term debt
6,900	6,500	6,500	6,500	6,500	6,500	6,500	6,500	6,500	6,500	6,500	6,500	6,200	6,000	369,700	368,100	366,700	365,300	0	0	0	8,000	9,600	54,300	54,300	343,300	342,400	298,500	299,200	3,000	-60,600	-61,400	-62,100	-42,900	21,100	317,100	317,100	317,100	0	0	0
Payments of withholding tax on share awards
2,100	2,100	2,200	3,600	3,800	4,100	5,700	4,400	4,000	4,700	3,300	3,400	2,300	5,100	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from equity offering, net of underwriting discount and issuance costs
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Payment of acquisition date earnout liability
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt financing costs
-	-	-	-	-	-	-	-	-	2,600	2,600	3,300	3,900	2,000	0	0	0	-	-	-	-	-	-	-	-	13,000	13,000	13,000	13,000	0	0	0	0	-	-	-	-	-	-	-	-
Net proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	600,000	600,000	600,000	600,000	0	0	0	0	-	-	-	-	-	-	-	-
Premium on early extinguishment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4,600	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-
Proceeds from noncontrolling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,400	0	0	0	-	-	-	-	-	-	-	-
Net cash provided by financing activities
125,600	-218,300	-70,900	-89,800	-39,000	-148,100	-139,400	-215,700	-83,800	-72,700	-64,300	108,200	-42,100	-40,300	-11,500	-129,700	-155,200	-83,500	-84,800	-103,800	-94,700	-218,400	-236,300	-251,600	-255,700	104,800	142,300	218,800	279,500	-17,500	221,000	195,200	198,700	163,900	-71,400	-13,800	2,300	15,700	0	0	0
Effect of exchange rate changes on cash
-7,400	-600	-5,100	-5,100	-8,200	-8,000	-2,900	2,900	8,600	6,600	1,000	-1,000	-4,500	-5,000	-2,900	-8,000	-5,500	-9,100	-9,300	-7,100	-7,600	-4,800	-2,400	1,500	1,600	1,500	1,300	1,400	-400	1,000	0	-2,600	0	-100	600	3,900	2,100	600	0	0	0
Increase (decrease) in cash and cash equivalents
1,171,900	693,800	18,800	-33,100	-57,200	-72,700	-52,700	-32,500	7,800	16,900	21,300	29,700	2,300	-53,100	-23,500	-75,400	-71,000	41,200	-27,900	-24,700	-11,900	-126,600	-59,200	-130,900	69,400	155,200	74,100	183,100	-17,400	18,100	-161,100	-207,500	-226,100	-186,200	101,900	175,700	202,900	155,400	0	0	0