REPUBLIC SERVICES, INC. RSG Cash Flow

Republic services, inc. (RSG)

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	Dec'09	Sep'09	Jun'09	Mar'09
Cash provided by operating activities:
Net income
1,085	1,073	1,084	1,049	1,034	1,037	1,401	1,361	1,329	1,279	804	666	644	613	596	725	734	750	628	599	587	547	734	719	596	589	479	461	554	572	636	676	573	588	545	486	600	507	395	382	448	496	0	0	0
Adjustments to reconcile net income to cash provided by operating activities:
Depreciation, amortization, depletion and accretion
1,139	1,122	1,116	1,111	1,102	1,114	1,128	1,127	1,129	1,116	1,094	1,085	1,077	1,070	1,069	1,064	1,059	1,050	1,033	1,021	1,005	984	982	971	957	954	944	923	922	926	1,228	1,133	1,027	921	914	914	912	914	514	516	517	520	0	0	0
Excess income tax benefit from stock-based compensation activity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10	-	8	7	9	4	4	7	6	6	8	5	3	4	8	7	8	9	-0	0	-0	-0	4	4	3	2	0	0	0
Non-cash interest expense
52	48	44	43	41	41	42	43	43	43	44	52	52	53	53	47	47	47	46	45	44	44	45	46	46	47	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring related charges
15	14	16	17	19	26	27	22	22	17	19	22	33	40	33	26	11	0	0	0	0	-	-	-	-	8	19	19	16	11	0	0	0	-	-	-	-	-	-	-	-	34	0	0	0
Landfill depletion and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	253	258	263	278	0	0	0
Amortization of intangible and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	71	70	70	70	0	0	0
Accretion
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	81	84	85	88	0	0	0
Non-cash interest expense - debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	57	70	82	92	0	0	0
Non-cash interest expense - other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	61	59	57	58	0	0	0
Stock-based compensation
38	39	38	39	39	39	36	36	36	34	32	28	26	23	21	19	18	18	18	18	17	17	17	17	18	19	19	20	20	21	21	21	21	20	22	24	25	24	21	19	16	15	0	0	0
Deferred tax provision
156	166	111	140	154	152	-325	-347	-362	-379	49	59	59	47	187	138	124	116	-16	4	-1	-9	10	-10	-40	-38	66	55	63	83	317	367	324	334	44	61	125	61	-31	-88	-107	-24	0	0	0
Additions charged to expense
31	34	33	37	35	34	32	29	32	30	25	23	21	20	22	23	22	22	23	25	24	22	24	17	16	16	17	24	25	29	30	27	27	21	20	19	21	23	24	28	24	27	0	0	0
Asset impairments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	8	5	5	7	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-2	-2	-4	-114	-112	-116	-119	-209	-210	-216	-229	-30	-160	0	0	0	-	-	-	-
Gain on disposition of assets and asset impairments, net
17	13	79	59	59	58	8	20	20	29	22	5	7	-0	0	0	1	1	11	16	14	14	8	6	9	11	8	9	9	14	0	0	0	-	-	-	-	-	-	-	0	-	-	-	-
Withdrawal costs - multiemployer pension funds
0	-	-	-	0	-	-	-	-	1	1	1	1	5	10	10	10	4	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Environmental adjustments
-1	-11	-7	-7	-6	5	3	2	1	0	0	0	0	-	-	-	-	-1	195	195	195	233	18	6	114	83	138	187	76	62	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Loss from unconsolidated equity method investment
-113	-112	-57	-12	-47	-35	-41	-33	-30	-27	14	12	9	6	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other non-cash items
4	5	0	0	-0	-0	-0	0	2	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	-	-0	-0	1	0	0	0	0
Change in assets and liabilities, net of effects from business acquisitions and divestitures:
Accounts receivable
33	38	22	64	53	29	42	45	45	118	130	104	101	52	46	40	24	15	16	19	37	54	68	70	66	61	60	46	28	37	-17	-1	-5	16	23	-5	14	-8	-3	15	-127	-53	0	0	0
Prepaid expenses and other assets
78	109	40	99	100	152	49	15	65	36	-50	-93	-76	1	-3	86	65	8	77	24	19	41	31	13	16	11	-0	14	6	13	51	69	40	5	15	14	65	76	51	36	-19	11	0	0	0
Accounts payable
-11	6	18	68	43	85	50	43	36	21	40	26	11	-9	4	3	29	35	17	11	-8	3	17	-6	27	37	6	18	-17	-49	-31	16	13	11	52	-5	18	-34	-24	-2	-139	-6	0	0	0
Restructuring expenditures
9	10	13	18	20	24	22	20	21	18	22	28	32	32	24	14	5	0	0	0	0	-	-	-	-	15	17	14	9	70	68	68	69	3	7	9	13	20	28	112	83	66	0	0	0
Capping, closure and post-closure expenditures
-78	-78	-77	-73	-73	-71	-60	-56	-60	-62	-65	-70	-75	-77	-94	-97	-90	-88	-68	-59	-55	-54	-63	-64	-67	-85	-82	-88	-92	-77	-86	-101	-104	-105	-122	-118	-135	-111	-223	-95	-76	-100	0	0	0
Remediation expenditures
59	49	48	45	44	48	47	52	54	54	53	57	63	66	80	81	79	80	74	79	87	99	113	122	130	122	110	95	78	73	65	57	50	45	45	43	47	50	45	52	81	56	0	0	0
Gain on disposition of assets, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-
Withdrawal expenditures - multiemployer pension funds
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	140	130	88	30	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
24	51	51	-7	24	25	51	59	23	38	-6	-100	-48	34	-59	53	-13	-6	79	10	0	-32	-49	-8	5	2	-0	-40	-88	-55	-328	-246	-233	-244	66	-29	-26	-94	-127	-117	-36	-62	0	0	0
Cash provided by operating activities
2,367	2,352	2,282	2,187	2,215	2,242	2,275	2,222	2,047	1,910	1,870	1,882	1,860	1,847	1,714	1,622	1,615	1,679	1,752	1,708	1,629	1,529	1,512	1,509	1,524	1,548	1,594	1,580	1,599	1,513	1,536	1,666	1,667	1,766	1,756	1,634	1,568	1,433	1,347	1,303	1,183	1,396	0	0	0
Cash used in investing activities:
Purchases of property and equipment
1,254	1,207	1,159	1,118	1,107	1,071	1,041	1,034	1,029	989	958	913	880	927	952	958	947	945	911	888	918	862	875	891	879	880	884	902	844	903	947	917	913	936	919	891	883	794	855	856	841	826	0	0	0
Proceeds from sales of property and equipment
23	21	35	35	32	31	9	7	8	6	6	7	8	9	11	18	20	21	38	37	36	35	25	23	23	23	16	14	27	28	35	39	32	34	43	41	38	37	26	27	32	31	0	0	0
Cash used in acquisitions and investments, net of cash and restricted cash acquired
573	575	602	386	320	277	345	339	316	351	168	130	111	62	67	74	69	572	658	662	698	195	93	86	64	68	71	52	85	95	74	86	45	42	78	86	74	58	21	0	0	0	0	0	0
Cash received from (used in) business divestitures
42	42	120	87	88	89	4	-8	-8	4	25	29	29	15	0	0	0	-	-	-	-	-	-	-	-	2	2	2	1	9	9	13	18	14	0	0	0	-	-	-	-	511	0	0	0
Purchases of restricted marketable securities
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales of restricted marketable securities
0	-	0	0	0	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in restricted cash and marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-16	-12	-17	-15	-43	-85	-65	-70	-42	-5	-2	5	42	47	14	-23	-25	-21	-12	16	-45	-155	-55	-66	-47	57	-41	-41	0	0	0
Other
23	0	5	2	2	0	-0	-1	-1	-1	0	0	0	1	0	0	0	1	4	7	7	8	7	5	5	5	2	2	0	0	1	1	2	3	2	2	1	0	0	0	0	-	-	-	-
Cash used in investing activities
-1,795	-1,719	-1,614	-1,385	-1,311	-1,229	-1,350	-1,345	-1,315	-1,330	-1,123	-1,037	-985	-964	-992	-1,001	-979	-1,482	-1,492	-1,435	-1,523	-959	-908	-954	-922	-933	-981	-986	-916	-937	-953	-930	-898	-950	-887	-713	-800	-690	-715	-794	-257	-242	0	0	0
Cash provided by (used in) financing activities:
Proceeds from notes payable and long-term debt, net of fees
5,616	4,746	4,555	4,213	4,358	4,347	4,659	4,947	4,799	4,791	4,270	4,384	4,184	3,911	3,091	1,914	1,072	918	1,338	1,430	2,041	1,383	1,060	1,193	516	1,219	1,831	2,175	2,910	2,771	2,317	1,965	1,494	1,416	1,261	992	948	1,193	1,593	1,813	1,973	1,472	0	0	0
Proceeds from issuance of senior notes, net of discount and fees
1,876	891	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	497	497	497	497	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	1,499	0	0	0	-	-	-	-
Payments of notes payable and long-term debt and senior notes
6,964	5,327	5,114	4,061	4,979	5,000	5,716	5,909	4,920	4,922	4,157	4,724	4,584	4,307	3,395	1,842	1,053	915	1,356	1,473	2,045	1,398	1,088	1,185	546	1,278	1,909	2,272	3,727	3,568	3,196	3,112	3,380	3,224	3,154	2,823	1,323	3,090	4,023	4,745	5,401	3,583	0	0	0
Premiums paid on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	89	89	86	1	30	0	0	0	-	-	-	-
Fees paid to retire and issue senior notes and retire certain hedging relationships
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	3	3	7	4	4	4	0	1	2	2	18	17	16	16	58	58	61	64	5	26	0	0	0	-	-	-	-
Issuances of common stock, net
8	9	8	11	12	23	30	25	24	36	41	42	50	49	49	59	52	65	61	56	98	88	91	93	106	150	159	155	103	70	54	46	57	40	55	83	87	86	88	67	45	39	0	0	0
Excess income tax benefit from stock-based compensation activity
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	8	-	6	7	7	4	4	3	3	3	3	2	1	1	1	1	2	2	3	3	3	3	4	3	3	2	0	0	0
Purchases of common stock for treasury
386	399	515	465	593	736	832	854	766	610	450	438	416	403	418	401	404	404	416	344	354	400	277	334	279	214	331	288	383	325	238	370	321	460	0	0	0	-	-	-	-	1	0	0	0
Cash dividends paid
499	491	483	475	468	461	455	451	446	440	433	428	423	418	414	409	404	399	394	389	383	378	372	365	357	348	340	335	332	329	325	319	314	309	304	302	298	294	289	289	288	288	0	0	0
Distributions paid to non-controlling interests in consolidated subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1	0	0	0	-	-	-	-
Distributions paid to noncontrolling interests in consolidated subsidiary
0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
0	-	0	0	0	-	0	0	-9	-	-1	-1	-1	0	2	1	1	1	-5	-4	-2	-2	-1	-1	-0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash used in financing activities
-365	-589	-677	-790	-901	-1,059	-903	-828	-677	-514	-740	-856	-883	-856	-770	-678	-736	-239	-271	-222	-147	-708	-588	-601	-556	-468	-589	-566	-625	-575	-582	-986	-763	-838	-917	-656	-781	-702	-619	-520	-1,037	-1,174	0	0	0
Decrease in cash, cash equivalents, restricted cash and restricted cash equivalents
206	44	-8	11	2	-45	21	48	55	66	6	-11	-8	26	-47	-57	-100	-42	-10	50	-41	-138	15	-47	45	145	23	27	56	1	1	-251	5	-22	-47	264	-13	40	13	-11	-112	-20	0	0	0