SEALED AIR CORP/DE SEE Cash Flow

Sealed air corp/de (SEE)

CashFlow / Quarterly

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
Net earnings
126,600	104,300	68,000	33,200	57,500	200,300	79,000	114,400	-200,600	-33,500	787,400	104,200	-43,200	171,100	163,300	49,600	102,400	123,500	86,600	28,100	97,200	66,300	60,800	60,100	70,900	5,200	35,100	54,300	700	-351,700	-1,238,300	-20,600	-8,400	-65,700	73,700	65,000	59,700	51,300	76,500	66,900	61,200
Adjustments to reconcile net earnings to net cash provided by operating activities
Depreciation and amortization
43,100	43,500	41,300	33,300	32,700	32,800	32,700	32,900	32,800	34,900	31,900	29,700	52,800	52,800	54,600	57,500	49,100	51,300	52,800	54,400	54,800	61,700	66,900	69,800	68,300	69,800	67,200	74,500	71,900	69,300	75,700	75,200	80,000	73,100	36,700	36,900	36,000	40,700	37,400	37,000	39,600
Share-based incentive compensation
8,900	8,900	10,800	4,800	8,400	6,300	8,300	8,200	6,400	6,200	15,700	14,100	8,900	15,300	14,600	20,300	9,700	12,100	15,900	14,900	18,300	17,300	10,400	11,900	14,500	3,700	5,500	7,300	7,600	0	6,400	6,000	4,500	-6,700	13,800	7,400	10,500	8,600	8,500	6,000	7,500
Profit sharing expense
6,000	9,200	4,700	5,100	5,500	5,500	6,100	4,800	5,200	4,600	5,700	4,100	8,800	-5,100	12,400	10,500	6,800	9,700	7,000	9,500	9,800	8,400	9,200	9,600	9,500	5,200	9,600	10,000	9,900	4,600	4,800	1,800	7,800	-	-	-	-	-	-	-	-
Costs related to the acquisition and integration of Diversey
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	400	-	1,300	1,700	1,800	-	-	-	-	-	-	-	-
Amortization of senior debt related items and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,700	2,400	-	2,500	5,500	4,300	400	3,600	7,500	3,500	4,400	200	100	200	400	500	300	500
Non-cash change in forward contracts
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-4,600	-200	-	-	-	-	-	-	-	-	-	-	-	-
Loss on debt redemption and refinancing activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	700	600	-110,800	-500	-84,000	-17,700	-400	-400	-3,900	0	-100	-32,300	-	-	-	-	-	-	-	-	-	-	-	-
Remeasurement loss related to Venezuelan subsidiaries
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-400	-1,100	-1,700	-2,400	-1,000	-30,500	800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provisions for bad debt
1,100	-100	900	900	800	400	900	700	300	300	500	300	1,800	300	2,200	800	1,000	500	3,000	200	2,100	2,600	1,800	1,900	1,700	2,000	3,100	4,100	2,400	4,200	9,400	1,400	1,800	9,800	-5,400	2,500	1,600	400	1,800	2,400	1,800
Provisions for inventory obsolescence
1,800	400	2,700	2,000	2,100	4,800	0	0	0	-	-	-	2,400	-600	1,700	1,700	3,600	-2,900	1,300	-1,800	3,200	-1,100	4,600	1,600	4,100	-2,600	-1,700	2,100	1,900	5,100	2,200	2,000	6,200	400	3,100	2,400	3,300	-100	1,200	400	600
Deferred taxes, net
3,500	-50,700	1,400	-7,400	1,700	-39,900	-100	-6,000	56,900	-39,700	37,700	10,800	112,200	-64,100	-6,100	19,900	-11,400	-22,700	-5,300	-10,600	16,000	146,000	-6,100	7,900	-1,600	52,300	-6,100	-3,600	-38,800	-199,500	-88,200	-17,500	-14,100	-50,000	-14,000	600	2,500	7,700	-12,800	6,900	-5,100
Gain from Claims Settlement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	21,100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net loss (gain) on sale of business
12,200	-20,100	-11,500	7,700	-6,800	1,200	2,000	30,600	8,700	-60,200	699,100	0	2,300	0	0	600	-2,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-400	-100	1,700	-800	-200	0	200	2,600	-	-	-	-
Net loss (gain) on disposals of property and equipment and other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	300	3,300	-3,500	2,900	-100	-100	200	600	400	200	-1,200	600	500	-200	3,900	2,200	100	100	400	0	0	400
Other non-cash items
-2,800	-16,800	-9,700	19,300	-20,000	100	-5,900	-30,800	11,800	-13,200	-21,100	-6,400	-300	10,500	-6,100	-1,600	-3,700	13,500	-8,700	3,300	100	4,500	-9,400	2,900	1,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Impairment of Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	700
Changes in operating assets and liabilities:
Trade receivables, net
33,600	-40,600	-1,700	22,400	-18,200	-30,100	6,800	28,000	-3,800	-6,100	29,200	55,000	3,300	-24,600	-25,400	61,600	22,300	-83,700	-900	56,400	-8,500	-34,700	6,400	47,000	9,100	-70,200	-39,400	78,700	-4,600	-40,600	35,600	-32,500	63,900	80,100	12,700	30,800	-21,600	7,500	20,900	31,600	-26,100
Inventories, net
27,600	-56,400	-4,200	-5,800	54,000	-52,000	20,600	42,000	50,600	-45,100	17,700	18,500	64,300	-83,400	17,600	17,800	65,100	-89,000	28,200	15,300	83,800	-73,100	24,000	7,300	90,500	-129,600	-7,300	35,300	79,600	-124,200	-8,500	177,200	-79,700	-79,500	1,600	37,700	51,600	-43,000	6,300	22,800	33,300
Other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3,500	3,900	21,100	-	-22,200	700	62,000	-39,900	-27,000	110,900	-54,200	-53,100	300	8,000	900	-100	3,900	-16,700	-3,400
Accounts payable
300	19,200	-45,800	-15,500	5,100	-2,400	-13,700	51,400	7,300	18,900	-10,200	89,300	56,100	87,500	50,200	51,300	39,000	-38,200	12,200	32,400	75,000	-19,000	90,100	15,600	53,400	-11,900	-40,100	-11,200	99,500	-66,900	-27,300	11,400	-1,500	-39,000	-12,100	-3,500	26,500	-4,300	-12,400	23,500	12,200
Income tax receivable/payable
-23,100	-4,300	-10,300	6,600	-12,900	71,700	17,500	-13,000	-59,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,200	-	-	-	-	-	-	-	-	-	-	-	-	-	8,700	3,000	17,500
Settlement agreement and related items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	235,200	0	0	0	-929,700	12,000	12,100	12,000	12,100	-	-	-	-	-	-	-	-	-	-	-	-
Other assets and liabilities
102,800	13,000	39,500	-98,000	52,600	-61,100	-41,200	79,300	-65,500	-185,000	-41,500	58,900	113,000	-82,800	23,900	8,100	106,000	23,400	-89,300	241,300	-107,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	45,700	30,400	-80,900	-	56,900	53,200	-105,000	16,200	43,100	52,600	-103,800	58,200	59,900	11,700	-39,500	30,200	26,100	-4,100	-49,000
Net cash provided by operating activities
41,000	259,900	81,900	104,200	65,100	278,000	113,400	70,300	-33,700	91,900	191,200	124,100	17,200	438,500	281,500	172,200	14,700	281,200	244,800	131,000	325,100	246,000	291,000	176,700	-932,500	370,400	210,000	97,800	-37,800	329,500	126,400	31,500	-93,200	86,100	156,900	52,900	67,200	193,900	102,400	103,500	83,300
Cash flows from investing activities:
Capital expenditures
48,700	48,100	47,100	45,100	49,400	53,800	41,100	30,300	43,400	57,300	33,300	42,800	50,400	85,500	76,700	61,700	51,800	71,700	54,700	36,900	20,700	60,100	38,700	26,700	28,400	36,400	28,800	25,300	25,500	25,000	31,400	35,000	31,400	43,600	31,600	27,000	19,500	26,900	20,100	25,200	15,400
Receipts (payments) associated with sale of business and property and equipment
9,300	-	-	400	-3,100	-	-	200	8,100	-1,700	800	1,300	2,300	-600	200	4,000	4,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Business acquired, net of cash acquired
0	200	429,500	21,900	1,200	600	67,800	900	-900	93,800	21,900	3,500	0	-	-	-	-	2,400	16,600	0	8,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investment in marketable securities
12,200	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of property, equipment and other assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,300	500	6,000	1,000	25,400	7,400	7,500	-200	1,400	5,800	-1,400	5,900	1,300	6,400	800	200	400	5,400	4,400	300	300	1,100	600	100	2,400
Impact of sale of Diversey
-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Settlement of foreign currency forward contracts
-2,500	0	4,100	600	3,500	5,600	200	6,300	-1,000	7,600	12,400	-18,600	7,300	2,900	11,800	8,900	22,400	-2,500	18,100	-7,600	-32,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
-	-	-	-	-	0	0	0	2,600	0	0	100	-100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,800	-3,600	-100	1,800	9,500	-600	-500	-600	4,100	-500	-400	-1,200
Net cash used in investing activities
-24,700	-50,200	-491,000	-67,200	-57,200	-55,500	-130,400	-44,800	-36,000	-90,800	1,958,700	-26,500	-55,300	-84,100	-94,100	-67,900	-68,700	-52,200	-83,300	47,300	28,200	-46,700	-31,500	-21,100	-27,000	-38,900	-31,700	-19,100	-24,200	-17,800	-29,600	-38,300	-29,200	-2,294,300	-26,600	-26,200	-18,600	-40,000	-13,900	-31,200	-11,800
Cash flows from financing activities:
Acquisition of common stock for tax withholding obligations under our 2005 contingent stock plan
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,000	-	-	-	-
Net proceeds from short-term borrowings
69,400	-107,800	-49,100	8,100	21,300	-71,800	190,100	-23,900	129,600	-72,200	-273,700	242,000	10,200	-239,700	50,500	-71,800	106,800	-145,600	187,200	108,700	-39,100	-	-	-	603,400	9,800	1,700	4,000	37,700	-	-	-	-	-6,100	12,800	600	-14,300	3,600	4,100	2,000	-14,100
Excess tax benefit from stock based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-400	-100	100	800	-200	0	200	2,600	-	-	-	-
Cash used as collateral on borrowing arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,200	500	-200	-7,000	1,200	-500	-14,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	0	425,000	-	-	-	100	3,660,800	400	600	400	-	-	-	-
Payments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	200,400	202,200	500	27,600	428,000	1,670,500	29,800	31,500	27,300	1,747,400	500	3,500	2,200	196,600	4,300	4,200	71,000
Dividends paid on common stock
25,700	24,700	24,700	24,700	25,000	24,800	25,300	26,200	27,800	27,300	30,600	30,400	31,400	31,500	33,100	30,800	26,200	25,600	26,400	27,300	27,500	27,000	27,900	27,600	28,400	25,600	25,500	25,500	25,400	25,200	25,300	25,200	25,200	25,000	20,800	20,800	20,800	20,700	20,700	19,200	19,100
Payments for debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	7,700	-	-	-	-	-	-	-	-	-	-	-	-
Payments for debt extinguishment/modification costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	26,200	-	-	-	-	-	-	-	-	-	-	-	-
Impact of tax withholding on share-based compensation
11,200	0	200	300	10,300	100	1,700	-200	6,300	200	400	0	21,500	8,000	400	0	22,300	600	1,300	1,200	6,200	100	100	200	2,600	-	0	0	3,900	200	100	19,300	-10,000	-	-	-	-	-	-	-	-
Repurchases of common stock
0	0	0	49,600	17,700	48,300	126,400	96,200	311,700	544,800	452,000	305,300	0	0	165,000	20,000	32,000	116,300	536,000	80,500	69,200	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal payments related to financing leases
3,000	-	-	-	2,300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities
-	-	-	-	-	-	-	-	-	-	-	2,100	-1,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-500	-	-	-	-	-	0	0	-1,000	-	-	-	-
Net cash provided by (used in) financing activities
29,500	-155,500	393,600	-64,200	-34,000	-144,100	28,500	-146,500	-216,200	-644,500	-1,109,100	-91,600	-44,500	-295,000	-153,500	-122,100	26,100	-148,400	-375,100	-109,000	-156,200	-321,900	-172,800	-198,500	372,000	-218,100	-24,200	-48,600	-29,000	-429,000	-55,600	-38,900	-61,600	2,100,800	-13,400	-23,700	-47,300	-224,500	-22,900	-21,400	-104,200
Effect of foreign currency exchange rate changes on cash and cash equivalents
-33,600	8,200	-6,700	13,400	-9,600	2,000	-300	-25,800	18,800	-94,500	-6,800	-20,600	8,500	-23,300	400	-5,400	-10,900	-5,000	-21,100	-36,800	2,500	-9,400	-22,500	-13,700	8,200	-16,900	-23,300	-19,600	39,000	-2,600	1,100	8,700	3,900	-1,500	-21,600	6,000	19,100	-15,600	34,000	-16,200	-34,300
Net change in cash and cash equivalents from continuing operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	96,500	130,800	10,500	-52,000	-119,900	42,300	-37,000	-180,100	-	-	-	-	-	-	-	-
Net cash provided by operating activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,800	5,800	3,900	-1,500	-13,200	6,800	5,100	4,100	-	-	-	-	-	-	-	-
Net cash provided by investing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	121,000	0	-100	-300	312,900	600	-3,600	2,200	-	-	-	-	-	-	-	-
Net cash used in financing activities from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-41,000	-100	500	-3,600	-	-	-	-	-	-	-	-
Net change in cash and cash equivalents from discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	119,200	5,800	3,800	-1,800	258,700	7,300	2,000	2,700	-	-	-	-	-	-	-	-
Net change during the period
12,200	62,400	-22,200	-13,800	-35,700	80,400	11,200	-146,800	-267,100	-737,900	1,034,000	-14,600	-74,100	36,100	34,300	-23,200	-38,800	75,600	-234,700	32,500	199,600	-132,000	64,200	-56,600	-579,300	215,700	136,600	14,300	-53,800	138,800	49,600	-35,000	-177,400	-96,700	95,300	9,000	20,400	-86,200	99,600	34,700	-67,000
Supplemental Cash Flow Information:
Interest payments, net of amounts capitalized
50,000	56,200	43,100	52,600	43,000	54,000	41,800	58,000	37,600	54,300	49,500	59,000	48,000	57,700	49,400	59,100	48,900	60,600	37,700	72,700	58,700	49,800	97,500	44,000	519,100	35,700	112,400	31,700	109,900	44,800	122,500	40,600	115,100	45,600	36,200	16,900	36,100	22,600	45,200	16,200	44,700
Income tax payments, net of cash refunds
15,900	48,000	17,300	16,700	12,700	17,500	40,400	77,800	19,300	35,100	34,000	46,400	46,200	32,300	33,600	30,300	29,600	22,800	26,000	29,000	23,800	19,300	24,600	26,500	14,700	37,600	21,200	24,800	31,200	16,200	30,700	36,700	25,000	32,400	18,400	29,600	25,200	23,000	26,900	23,700	13,000
Payments related to sale of Diversey
-	-	-	-	-	6,700	12,400	18,200	14,300	119,600	16,400	42,400	2,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
SARs payments (less amounts included in restructuring payments)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,800	100	700	1,700	14,600	3,700	3,100	1,000	2,800	14,200	3,200	15,000	10,300	17,500	-	-	-	-	-	-	-	-	-	-	-	-
Restructuring payments including associated costs
25,700	14,000	27,700	24,500	24,700	4,700	3,700	900	2,800	600	15,600	17,900	15,200	15,100	14,600	17,700	18,700	26,600	26,500	23,200	22,000	32,300	25,900	23,300	26,600	35,300	26,700	20,600	24,400	40,500	22,600	14,100	26,200	-	-	-	-	-	-	-	-
Non-cash items:
Transfers of shares of common stock from treasury for profit-sharing contributions
24,400	0	0	0	21,900	-300	0	3,100	20,700	0	0	0	22,300	0	0	0	37,600	0	0	0	36,700	0	0	1,200	32,000	100	0	-100	18,700	100	0	0	18,600	-	-	-	-	0	0	0	7,200
Transfer of shares of our common stock as part of the funding of the Settlement agreement
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net unrealized (losses) gains on available-for-sale securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,200	100	-800	900