Spectra Energy (SE) quarterly cash flow statement covering the six quarters from September 2015 to December 2016, as reported to the SEC.
A cash flow statement shows the cash that actually came in and went out, split between running the business, investing and financing.
| Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CASH FLOWS FROM OPERATING ACTIVITIES | |||||||||||||||||||||
Net income | |||||||||||||||||||||
208,000 | 281,000 | 221,000 | 310,000 | -188,000 | 243,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net income | 208,000 | 281,000 | 221,000 | 310,000 | -188,000 | 243,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Depreciation and amortization | |||||||||||||||||||||
200,000 | 202,000 | 201,000 | 196,000 | 194,000 | 191,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Depreciation and amortization | 200,000 | 202,000 | 201,000 | 196,000 | 194,000 | 191,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||||||||||||
Deferred income tax expense | |||||||||||||||||||||
55,000 | 12,000 | 45,000 | 86,000 | 10,000 | 53,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Deferred income tax expense | 55,000 | 12,000 | 45,000 | 86,000 | 10,000 | 53,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
(Earnings) loss from equity investments | |||||||||||||||||||||
-3,000 | 51,000 | 16,000 | 33,000 | -173,000 | 48,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
(Earnings) loss from equity investments | -3,000 | 51,000 | 16,000 | 33,000 | -173,000 | 48,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Distributions from equity investments | |||||||||||||||||||||
23,000 | 36,000 | 26,000 | 26,000 | 16,000 | 52,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Distributions from equity investments | 23,000 | 36,000 | 26,000 | 26,000 | 16,000 | 52,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
- | 120,000 | -205,000 | 28,000 | - | 124,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | - | 120,000 | -205,000 | 28,000 | - | 124,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash provided by operating activities | |||||||||||||||||||||
427,000 | 360,000 | 682,000 | 557,000 | 424,000 | 367,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash provided by operating activities | 427,000 | 360,000 | 682,000 | 557,000 | 424,000 | 367,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
CASH FLOWS FROM INVESTING ACTIVITIES | |||||||||||||||||||||
Capital expenditures | |||||||||||||||||||||
1,216,000 | 887,000 | 856,000 | 664,000 | 1,031,000 | 828,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Capital expenditures | 1,216,000 | 887,000 | 856,000 | 664,000 | 1,031,000 | 828,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Investments in and loans to unconsolidated affiliates | |||||||||||||||||||||
70,000 | 69,000 | 85,000 | 27,000 | 33,000 | 57,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Investments in and loans to unconsolidated affiliates | 70,000 | 69,000 | 85,000 | 27,000 | 33,000 | 57,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchase of intangible, net | |||||||||||||||||||||
- | 40,000 | -8,000 | 48,000 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchase of intangible, net | - | 40,000 | -8,000 | 48,000 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Acquisitions, net of cash acquired | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Acquisitions, net of cash acquired | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchases of held-to-maturity securities | |||||||||||||||||||||
154,000 | 133,000 | 184,000 | 162,000 | 205,000 | 134,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchases of held-to-maturity securities | 154,000 | 133,000 | 184,000 | 162,000 | 205,000 | 134,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from sales and maturities of held-to-maturity securities | |||||||||||||||||||||
195,000 | 111,000 | 222,000 | 142,000 | 238,000 | 113,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sales and maturities of held-to-maturity securities | 195,000 | 111,000 | 222,000 | 142,000 | 238,000 | 113,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Purchases of available-for-sale securities | |||||||||||||||||||||
173,000 | 236,000 | 168,000 | 161,000 | 95,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Purchases of available-for-sale securities | 173,000 | 236,000 | 168,000 | 161,000 | 95,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from sales and maturities of available-for-sale securities | |||||||||||||||||||||
176,000 | 229,000 | 167,000 | 163,000 | 86,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from sales and maturities of available-for-sale securities | 176,000 | 229,000 | 167,000 | 163,000 | 86,000 | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Distributions from equity investments | |||||||||||||||||||||
5,000 | - | 6,000 | 39,000 | 10,000 | 406,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Distributions from equity investments | 5,000 | - | 6,000 | 39,000 | 10,000 | 406,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other changes in restricted funds | |||||||||||||||||||||
1,000 | 30,000 | -9,000 | -2,000 | 9,000 | 18,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other changes in restricted funds | 1,000 | 30,000 | -9,000 | -2,000 | 9,000 | 18,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash used in investing activities | |||||||||||||||||||||
-1,235,000 | -851,000 | -1,028,000 | -716,000 | -1,279,000 | -527,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash used in investing activities | -1,235,000 | -851,000 | -1,028,000 | -716,000 | -1,279,000 | -527,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
CASH FLOWS FROM FINANCING ACTIVITIES | |||||||||||||||||||||
Proceeds from the issuance of long-term debt | |||||||||||||||||||||
801,000 | - | 382,000 | - | 253,000 | 338,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from the issuance of long-term debt | 801,000 | - | 382,000 | - | 253,000 | 338,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Payments for the redemption of long-term debt | |||||||||||||||||||||
33,000 | - | 443,000 | 176,000 | 132,000 | 114,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Payments for the redemption of long-term debt | 33,000 | - | 443,000 | 176,000 | 132,000 | 114,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net increase (decrease) in commercial paper | |||||||||||||||||||||
-183,000 | 525,000 | -208,000 | 185,000 | 545,000 | 46,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net increase (decrease) in commercial paper | -183,000 | 525,000 | -208,000 | 185,000 | 545,000 | 46,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net decrease in revolving credit facilities borrowings | |||||||||||||||||||||
- | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net decrease in revolving credit facilities borrowings | - | - | - | - | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Distributions to noncontrolling interests | |||||||||||||||||||||
70,000 | 62,000 | 60,000 | 54,000 | 58,000 | 47,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Distributions to noncontrolling interests | 70,000 | 62,000 | 60,000 | 54,000 | 58,000 | 47,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Contributions from noncontrolling interests | |||||||||||||||||||||
306,000 | 159,000 | 183,000 | 95,000 | 84,000 | 74,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Contributions from noncontrolling interests | 306,000 | 159,000 | 183,000 | 95,000 | 84,000 | 74,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from the issuances of Spectra Energy common stock | |||||||||||||||||||||
1,000 | 10,000 | 500,000 | 368,000 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from the issuances of Spectra Energy common stock | 1,000 | 10,000 | 500,000 | 368,000 | - | - | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Proceeds from the issuances of Spectra Energy Partners, LP common units | |||||||||||||||||||||
106,000 | 152,000 | 241,000 | 80,000 | 195,000 | 171,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Proceeds from the issuances of Spectra Energy Partners, LP common units | 106,000 | 152,000 | 241,000 | 80,000 | 195,000 | 171,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Dividends paid on common stock | |||||||||||||||||||||
285,000 | 285,000 | 281,000 | 276,000 | 249,000 | 248,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Dividends paid on common stock | 285,000 | 285,000 | 281,000 | 276,000 | 249,000 | 248,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Other | |||||||||||||||||||||
3,000 | -12,000 | -8,000 | - | 9,000 | -5,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Other | 3,000 | -12,000 | -8,000 | - | 9,000 | -5,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net cash provided by (used in) financing activities | |||||||||||||||||||||
646,000 | 716,000 | 306,000 | 222,000 | 731,000 | 215,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net cash provided by (used in) financing activities | 646,000 | 716,000 | 306,000 | 222,000 | 731,000 | 215,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Effect of exchange rate changes on cash | |||||||||||||||||||||
3,000 | -1,000 | 1,000 | 3,000 | -1,000 | -4,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Effect of exchange rate changes on cash | 3,000 | -1,000 | 1,000 | 3,000 | -1,000 | -4,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Net increase (decrease) in cash and cash equivalents | |||||||||||||||||||||
-159,000 | 224,000 | -39,000 | 66,000 | -125,000 | 51,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Net increase (decrease) in cash and cash equivalents | -159,000 | 224,000 | -39,000 | 66,000 | -125,000 | 51,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||
Supplemental Disclosures | |||||||||||||||||||||
Property, plant and equipment non-cash accruals | |||||||||||||||||||||
18,000 | 57,000 | 104,000 | 213,000 | -84,000 | 79,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | ||||||
Property, plant and equipment non-cash accruals | 18,000 | 57,000 | 104,000 | 213,000 | -84,000 | 79,000 | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | xxxxx | |||||