Perrigo Company plc PRGO Cash Flow

Perrigo company plc (PRGO)

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
Cash Flows From (For) Operating Activities
Net income
188,600	146,100	246,500	86,900	114,100	131,000	122,800	234,600	128,800	119,600	-1,312,700	-2,947,300	-3,412,000	-4,012,800	-2,723,800	-1,021,000	-509,000	-2,000	138,300	122,000	303,700	374,000	217,700	232,800	0	0	0
Adjustments to derive cash flows:
Depreciation and amortization
393,000	396,500	393,100	397,300	410,700	423,600	435,700	441,800	444,900	444,800	451,700	454,100	456,700	457,000	345,400	406,100	386,900	332,300	452,400	403,600	277,300	349,400	285,000	206,100	0	0	0
Unrealized loss on equity method investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Loss on acquisition-related foreign currency derivatives
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	300,000	0	0	0	-	-	-	-	-	-
Share-based compensation
56,000	52,200	52,000	43,400	37,400	37,700	42,300	51,300	50,400	43,800	35,800	28,200	13,300	23,000	23,800	32,400	46,600	38,300	37,200	31,700	29,800	27,200	27,500	24,600	0	0	0
Impairment charges
180,400	184,500	43,800	254,600	228,500	224,400	223,600	9,600	35,300	47,500	649,600	2,256,200	2,239,300	2,631,000	2,244,400	630,000	626,300	222,400	0	0	0	-	-	-	-	-	-
Change in financial assets
13,300	22,100	141,300	213,600	208,700	188,700	65,200	-12,300	-51,600	-24,900	-1,139,800	-1,514,500	-2,386,700	-2,608,200	-1,609,200	-1,058,000	-216,400	88,800	0	0	0	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-500	-135,700	-135,200	-135,200	-135,900	-700	-1,100	-2,000	-1,300	-2,200	-1,800	0	0	0	-	-	-	-	-	-
Restructuring charges
17,000	26,300	24,500	37,300	28,800	21,000	29,500	15,400	23,800	61,000	67,800	70,500	64,300	31,000	42,600	38,200	32,200	27,900	5,700	5,200	34,700	36,900	46,800	47,000	0	0	0
Income tax benefit from exercise of stock options
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Excess tax benefit of stock transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Deferred income taxes
-41,100	-43,900	600	5,500	-6,800	-17,900	-41,000	-55,000	-10,100	-48,900	-333,100	-676,200	-858,600	-990,900	-779,900	-442,800	-243,400	-99,800	-12,100	-18,000	-95,500	-82,500	-55,200	-49,700	0	0	0
Amortization of debt premium
-3,200	-4,400	-5,700	-7,400	-7,900	-8,100	-10,200	-14,300	-18,100	-22,400	-18,500	-20,300	-24,400	-24,700	-28,100	-26,400	-20,500	-12,000	0	0	0	-	-	-	-	-	-
Other non-cash adjustments, net
-800	26,600	21,000	10,200	-9,800	-11,100	30,900	23,000	10,500	-2,700	-28,200	-15,200	30,800	33,500	49,400	46,200	25,200	23,500	16,900	14,000	0	0	0	-	-	-	-
Subtotal
716,100	701,300	562,600	614,200	586,300	612,400	768,400	719,200	852,800	802,800	787,400	800,400	896,800	756,400	604,400	722,000	564,800	743,600	945,000	865,100	764,400	732,300	679,200	612,500	0	0	0
Increase (decrease) in cash due to:
Accounts receivable
159,800	140,700	11,300	10,000	30,100	-21,000	15,000	72,900	44,300	-3,200	75,200	-10,000	-32,200	600	-119,300	-93,700	10,200	-4,800	63,300	52,200	22,700	79,900	37,500	140,500	0	0	0
Inventories
-7,000	67,000	75,600	77,600	92,400	98,600	89,000	110,700	60,200	16,000	-47,300	-91,400	-96,800	-100,700	-52,500	24,900	19,300	21,600	37,000	9,700	-49,400	-56,500	-67,000	-84,700	0	0	0
Prepaid expenses
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
-4,600	17,000	18,000	-19,200	46,700	28,800	10,900	55,600	15,400	-39,600	-24,000	-34,700	-70,000	-75,700	-57,800	-241,100	-47,900	-26,700	-40,900	120,600	-1,300	-900	10,200	-24,900	0	0	0
Payroll and related taxes
-2,200	-3,700	-4,300	-9,100	-15,500	-34,500	-31,500	-37,900	-56,200	-27,400	-37,800	-39,800	-13,800	-41,100	-55,400	-77,400	-78,400	-42,000	-18,000	-30,100	-42,500	-95,500	-81,800	-55,500	0	0	0
Accrued customer programs
-500	-48,600	-56,000	-61,200	-53,500	25,500	49,200	82,300	84,600	34,600	44,000	16,500	35,100	-13,900	-38,900	-9,800	0	53,900	52,800	71,300	54,500	92,100	103,700	113,100	0	0	0
Accrued liabilities
-8,300	-23,200	-14,600	-9,700	-700	-20,900	-60,100	-28,800	-74,100	-47,800	-8,300	-75,000	-64,400	-79,500	-43,400	54,200	88,500	98,800	103,600	42,700	63,700	73,000	2,400	23,000	0	0	0
Accrued income taxes
-60,700	-74,500	62,300	52,200	51,700	68,100	-4,600	58,900	-41,100	-6,100	-45,800	-62,100	-123,400	20,900	-66,800	-59,600	160,500	-68,100	21,700	21,100	-500	71,500	-31,300	-11,300	0	0	0
Other, net
-7,800	-27,200	-11,500	-17,000	-26,300	8,800	12,700	-2,600	100	4,800	-600	-3,800	38,400	12,300	300	26,500	-24,600	-21,600	-8,100	-2,300	-15,100	-31,300	-17,500	-31,900	0	0	0
Subtotal
251,000	313,500	70,000	117,600	71,200	19,400	152,800	50,900	176,000	103,900	99,200	89,900	145,900	101,500	90,800	291,400	-117,800	-20,700	-27,000	-166,000	-115,700	-148,100	-50,200	-20,500	0	0	0
Net cash from operating activities
465,100	387,800	492,600	496,600	515,100	593,000	615,600	668,300	676,800	698,900	688,200	710,500	750,900	654,900	513,600	430,600	682,600	764,300	972,000	1,031,100	880,100	880,400	729,400	633,000	0	0	0
Cash Flows From (For) Investing Activities
Proceeds from royalty rights
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from royalty rights
-	-	-	-	-	13,700	12,300	11,900	12,000	87,300	180,600	269,500	355,600	353,700	344,400	336,200	330,800	335,200	0	0	0	-	-	-	-	-	-
Acquisitions of businesses, net of cash acquired
0	-	-	-	0	-	-	-	-	-	-	-	-	427,400	823,300	1,211,300	3,302,800	2,890,400	2,586,900	2,181,800	0	0	0	-	-	-	-
Purchase of investment securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	304,800	0	0	0	-	-	-	-	-	-
Proceeds from the Royalty Pharma contingent milestone
0	250,000	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Asset acquisitions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Additions to property, plant and equipment
150,400	137,700	136,100	124,000	110,300	102,600	90,200	84,700	80,000	88,600	76,800	86,300	93,500	106,200	123,800	134,900	169,600	166,800	143,900	137,000	131,500	141,800	162,900	171,600	0	0	0
(Purchase) return of Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net proceeds from sale of business
-	-	-	-	-	5,200	107,900	118,700	130,600	154,600	57,300	106,300	94,400	69,100	0	0	0	-	-	-	-	-	-	-	-	-	0
Proceeds from sale of the Tysabri® financial asset
-	-	-	-	-	-	-	-	-	2,200,000	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-
Other investing, net
0	-	-	-	0	-	-	-	-	14,800	8,400	6,300	3,400	3,600	-300	4,700	3,700	2,700	4,200	-1,800	0	0	0	-	-	-	-
Proceeds from sale of land
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Net cash from (for) investing activities
-901,000	-596,100	-535,900	64,400	105,400	-126,800	-14,700	26,900	48,200	2,338,100	2,366,600	2,414,900	2,481,500	-175,000	-528,900	-1,016,000	-3,152,000	-3,029,500	-2,896,000	-2,478,000	-401,400	-201,400	-1,639,200	-1,644,300	0	0	0
Cash Flows From (For) Financing Activities
Issuances of long-term debt
-	-	-	-	-	431,000	431,000	431,000	431,000	0	0	0	0	1,190,300	1,190,300	1,190,300	1,190,300	0	0	0	0	-	-	-	-	-	-
Payments on long-term debt
463,700	476,000	488,500	184,100	50,300	482,500	837,300	839,200	3,041,900	2,611,000	2,257,100	2,759,600	558,500	559,200	559,800	57,000	918,000	917,300	1,798,300	1,823,500	983,100	1,004,500	2,074,500	2,035,000	0	0	0
Borrowings (repayments) of revolving credit agreements and other financing, net
102,800	500	5,100	401,300	1,500	-4,400	-1,900	-1,400	300	6,800	1,100	1,400	-86,300	-802,500	-164,600	-85,900	-53,300	666,000	0	0	0	-	0	-	-	-	0
Deferred financing fees
-	-	-	-	-	2,400	3,000	3,200	6,800	4,800	4,200	4,400	1,700	2,800	3,100	2,700	1,800	3,600	0	0	0	-	-	48,800	0	0	0
Settlements of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Issuance of ordinary shares
-	-	-	-	-	-	-	-	-	-	-	-	-	8,300	10,900	8,400	10,800	8,900	1,043,000	1,043,400	1,041,500	1,042,500	8,900	9,800	0	0	0
Excess tax benefit of stock transactions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Repurchase of ordinary shares
-	-	-	-	-	400,000	400,000	398,300	299,600	191,500	0	0	0	-	-	-	-	492,300	1,500	0	300	400	200	0	0	0	0
Cash dividends
117,400	112,400	109,800	106,900	104,100	104,900	101,100	97,900	94,800	91,100	89,500	87,600	85,400	83,200	80,400	77,900	75,400	72,200	69,100	64,900	60,700	57,100	51,700	46,100	0	0	0
Other financing, net
-13,500	-10,200	-7,800	-8,400	-7,400	-10,000	-10,200	-9,900	-2,900	2,300	11,400	7,700	-5,700	-8,700	-29,900	-20,100	-20,900	-19,000	-12,800	-17,600	0	0	0	-	-	-	-
Net cash from (for) financing activities
108,100	1,800	-1,000	-31,500	-450,900	-571,900	-921,300	-918,400	-3,130,100	-3,004,700	-2,655,600	-3,022,700	-743,300	-268,700	-128,200	455,100	-368,200	-837,200	1,627,200	1,522,200	2,430,500	2,414,600	995,500	1,028,000	0	0	0
Effect of exchange rate changes on cash and cash equivalents
300	9,700	-1,400	-300	-19,000	-21,900	-11,300	-11,100	14,600	24,100	14,000	16,300	-200	-6,700	-300	-13,500	-3,900	-75,900	-88,200	-89,200	-88,200	-18,600	-10,800	2,900	0	0	0
Net increase (decrease) in cash and cash equivalents
-327,500	-196,800	-45,700	529,200	150,600	-127,600	-331,700	-234,300	-2,390,500	56,400	413,200	119,000	2,488,900	204,500	-143,800	-143,800	-2,841,500	-3,178,300	-385,000	-13,900	2,821,000	3,075,000	74,900	19,600	0	0	0
Supplemental Disclosures of Cash Flow Information
Cash paid/received during the year for:
Interest paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	170,500	144,200	143,200	105,800	106,200	101,900	98,400	0	0	0
Interest received
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,400	1,200	1,100	900	1,200	2,400	2,400	0	0	0
Income taxes paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	198,000	139,900	131,000	122,900	40,100	82,000	93,200	0	0	0
Income taxes refunded
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,800	10,100	9,600	9,800	8,200	4,000	4,300	0	0	0