Praxair inc (PX)
CashFlow / Yearly
Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
OPERATIONS
Net income - Praxair, Inc.

1,247

1,500

1,547

1,694

1,755

1,692

1,672

1,195

1,254

1,211

1,177

Income (Loss) Attributable to Noncontrolling Interest, before Tax

-61

-38

-44

-52

-81

-52

50

39

43

45

43

Net income (including noncontrolling interests)

1,308

1,538

1,591

1,746

1,836

1,744

1,722

1,234

1,297

1,256

1,220

Adjustments to reconcile net income to net cash provided by operating activities:
Transaction costs and other charges, net of payments

-26

-83

-121

-138

-23

-43

5

-80

234

149

0

Net Provisional Income Tax Charge, enactment of Tax Act

394

0

-

-

-

-

-

-

-

-

-

Depreciation and amortization

1,184

1,122

1,106

1,170

1,109

1,001

1,003

925

846

850

774

Deferred income taxes

136

-13

99

55

101

258

-3

133

-221

-23

37

Share-based compensation

59

39

30

51

70

70

62

47

39

45

42

Non-cash charges and other

43

-43

-79

-116

-88

-127

-71

-15

-12

-42

-61

Accounts receivable

92

33

-1

80

84

36

108

114

-39

-119

223

Inventory

22

13

23

42

54

18

31

26

-58

-21

71

Prepaid and other current assets

66

-6

22

20

69

17

-8

7

-23

4

1

Payables and accruals

22

92

-40

13

107

-34

44

163

-178

-73

116

Spanish income tax settlement (Note 2)

-

-

-

-

-

-

-

231

-

-

-

Pension contributions

19

11

15

18

52

184

94

124

128

20

22

Long-term assets, liabilities and other

-68

-6

74

10

-18

-52

72

160

-171

240

-147

Net Cash Provided by (Used in) Operating Activities, Continuing Operations

3,041

2,773

2,695

2,887

2,917

2,752

2,455

1,905

2,168

2,038

1,958

INVESTING
Capital expenditures

1,311

1,465

1,541

1,689

2,020

2,180

1,797

1,388

1,352

1,611

1,376

Acquisitions, net of cash acquired

33

363

82

206

1,323

280

294

148

131

130

476

Divestitures and Asset Sales

30

58

320

92

106

82

86

52

31

54

39

Net Cash Provided by (Used in) Investing Activities, Continuing Operations

-1,314

-1,770

-1,303

-1,803

-3,237

-2,378

-2,005

-1,484

-1,452

-1,687

-1,813

FINANCING
Short-term debt borrowings (repayments) - net

-199

191

-329

-193

149

293

-47

115

-455

-45

524

Long-term debt borrowings

11

936

1,497

1,546

2,659

2,036

1,541

1,890

2,246

1,723

831

Long-term debt repayments

583

770

1,000

764

1,347

1,522

580

1,515

1,853

691

560

Issuances of common stock

120

139

88

103

154

164

195

183

95

185

323

Purchases of common stock

12

228

725

862

590

623

937

587

236

1,077

959

Cash dividends - Praxair, Inc. shareholders

901

856

819

759

708

655

602

551

491

468

381

Excess tax benefit on stock based compensation

-

-

19

31

46

60

53

51

23

54

63

Noncontrolling interest transactions and other

-92

-55

-41

-129

-35

-56

-3

-5

-40

-14

-11

Net Cash Provided by (Used in) Financing Activities, Continuing Operations

-1,656

-643

-1,310

-1,027

328

-303

-380

-419

-711

-333

-170

Effect of exchange rate changes on cash and cash equivalents

22

17

-61

-69

-27

-4

-19

-8

8

-3

6

Change in cash and cash equivalents

93

377

21

-12

-19

67

51

-6

13

15

-19

Income taxes paid

565

585

420

606

532

277

515

757

254

326

262

Interest paid, net of capitalized interest (Note 7)

184

189

174

210

184

153

157

185

171

223

209