The J. M. Smucker Company SJM Cash Flow

The j. m. smucker company (SJM)

CashFlow / Quarterly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09	Jul'09
Operating Activities
Net income
187,400	211,200	154,600	71,500	121,400	188,500	133,000	185,900	831,300	194,600	126,800	110,400	134,600	177,300	170,000	191,000	185,300	176,000	136,400	-90,300	160,900	158,300	116,000	118,500	166,700	153,400	126,600	130,300	154,200	148,800	110,900	104,086	116,844	127,247	111,523	94,898	131,995	149,726	102,881	120,606	135,479	139,990	98,063
Adjustments to reconcile net income to net cash provided by (used for) operations:
Depreciation
53,300	52,600	50,800	51,900	51,200	51,500	51,400	49,100	52,100	50,600	54,500	52,100	52,600	53,000	54,000	56,200	55,100	54,700	55,700	43,400	37,900	37,900	38,300	40,300	40,100	39,500	37,600	46,300	35,800	35,900	36,100	36,644	27,960	28,227	27,569	28,725	26,829	27,286	29,360	29,336	27,741	25,877	25,271
Depreciation - restructuring and merger and integration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,400	2,200	3,600	6,751	8,622	12,712	10,415	15,337	16,823	11,987	9,453	-	-	-	-
Amortization
58,800	58,800	58,800	60,400	59,700	59,700	60,500	52,100	51,600	51,600	51,500	52,100	51,700	51,800	51,700	50,200	52,200	53,000	53,000	34,400	25,200	25,200	24,900	24,800	24,900	24,700	24,500	24,200	24,200	24,200	24,200	25,275	22,031	20,559	20,235	18,287	18,515	18,501	18,497	18,398	18,570	18,312	18,377
Share-based compensation expense
6,100	7,500	6,200	4,200	6,000	5,900	4,600	-1,400	4,100	6,100	6,600	0	6,900	7,000	8,100	7,700	10,500	8,700	7,700	7,600	3,800	5,200	6,900	4,900	5,700	6,700	5,600	5,500	5,300	6,200	4,300	5,176	3,970	6,522	6,032	6,014	5,718	6,940	5,328	7,153	5,698	6,686	6,412
Other restructuring activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,058	5,173	860	909	1,514	1,619	1,518	3,849	-	-	-	-
Loss on disposal of assets - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,800	-1,200	-1,300	-1,300	-	-2,300	-1,500	-500	-1,300	-700	-800	-200	-1,400	-700	-1,700	-1,000	-292	-382	-2,001	-725	-1,089	-784	-893	-134	-2,888	-1,267	-1,237	-384
Other noncash adjustments – net
-9,300	-6,400	-200	3,400	-1,600	-1,900	-1,100	300	-1,700	-1,500	-800	0	1,000	-700	-700	700	-900	-1,100	3,500	5,400	800	-100	-100	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0
Accounts payable and accrued items
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-96,900	37,800	61,100	-	-71,786	15,753	55,380	-	-58,616	62,239	32,969	-23,480	-102,252	74,659	16,453
Defined benefit pension contributions
-	-	-	-	-	-	-	7,200	31,600	0	800	22,200	5,200	500	800	6,200	600	900	900	11,400	1,200	1,800	1,300	3,100	3,300	1,900	1,100	9,500	22,900	6,600	1,000	4,403	2,501	805	3,691	30,232	-1,120	-1,768	-10,544	-	-	-	-
Changes in assets and liabilities, net of effect from acquisition and divestiture:
Trade receivables
-44,900	48,600	-30,400	1,600	-59,800	58,500	52,700	-36,100	-60,100	48,800	-7,300	18,100	-96,900	-4,400	74,300	-57,100	-99,500	97,700	80,800	-87,100	-75,400	57,700	83,000	-56,500	-96,900	103,000	44,300	-46,200	-109,300	78,300	44,000	-17,734	-97,928	113,874	-7,512	52,417	-126,835	110,060	66,958	-44,620	-129,587	104,014	38,672
Inventories
-54,000	-100	102,100	-13,500	-41,600	-5,300	65,700	-52,400	-105,200	32,400	71,200	-88,200	-34,100	15,400	117,300	-48,000	-84,500	-99,200	-8,400	-41,800	-113,900	-22,900	153,300	64,900	-154,800	-40,600	115,100	67,700	-97,500	-44,100	58,700	-30,162	-194,251	-58,241	330,854	125,602	-89,347	56,038	111,907	-5,467	-99,201	-24,129	174,957
Defined benefit pension contribution
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-350
Income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-43,555	-	12,473	19,758	5,935
Other current assets
6,300	-6,900	-6,400	6,200	-1,900	4,200	-21,800	24,700	0	-15,100	-4,300	18,000	-22,100	15,300	-20,100	13,100	8,400	-22,600	-13,500	-31,100	2,600	-18,500	-27,100	29,600	2,900	-19,600	14,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
53,600	19,700	-61,000	54,900	-26,400	14,400	800	3,100	-38,800	19,400	35,300	5,500	2,100	-23,700	18,200	60,900	24,900	-1,900	-37,800	43,500	-29,400	-29,700	-9,800	68,600	-40,800	-3,900	-20,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued liabilities
18,900	-37,900	63,600	-6,400	12,700	7,800	52,600	8,800	8,400	-49,200	52,500	-26,300	-36,800	-11,400	34,700	-105,700	71,000	16,000	21,100	-79,800	-16,400	-29,800	-14,300	16,900	-37,200	6,600	22,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income and other taxes
-8,300	-54,400	21,800	41,700	-8,400	-40,400	58,900	5,200	12,900	-82,700	35,900	65,000	-18,500	-83,700	45,100	78,200	400	-59,600	127,900	-43,900	14,300	-51,700	45,600	8,600	14,900	-71,700	38,700	10,300	6,600	-58,200	44,800	27,116	2,953	-74,275	41,206	-	-	-	-	-	-	-	-
Other – net
1,400	-1,700	8,200	5,900	-13,900	2,400	23,300	34,500	-21,700	-4,500	-800	3,100	-400	7,800	-28,700	-6,000	8,900	-3,000	-5,000	-1,500	9,500	6,700	5,600	-36,000	-600	-2,500	6,800	-1,500	-8,800	-25,100	5,600	51,978	-3,478	-5,999	5,199	-37,892	8,318	2,829	-3,255	-26,711	13,429	-7,399	-17,236
Net Cash Provided by (Used for) Operating Activities
521,600	224,000	221,500	274,200	421,100	202,900	243,000	314,400	469,000	130,300	304,300	264,200	419,500	136,400	238,900	336,200	542,300	275,500	307,000	227,500	427,700	92,000	-8,100	266,900	421,100	85,900	82,100	172,200	324,000	182,900	176,700	261,661	409,305	118,172	-58,238	-2,780	374,834	46,784	-27,238	201,904	323,762	213,660	-25,848
Investing Activities
Business acquired, net of cash acquired
0	0	0	0	0	-2,000	1,905,000	0	0	0	0	-	-	-	-	0	0	0	-7,900	1,240,000	200	80,300	0	-	-	-	-	-	-	-	-	-5,055	379,509	0	362,846	0	0	0	0	-	-	-	-
Additions to property, plant, and equipment
56,500	63,400	73,000	92,600	88,100	77,800	101,300	111,600	80,300	60,400	69,600	55,800	52,600	33,800	50,200	40,600	43,400	64,400	53,000	85,600	48,400	64,700	49,000	130,600	65,500	47,100	36,300	60,000	48,000	52,200	46,300	77,309	61,184	68,075	67,632	68,967	49,060	35,127	26,946	24,319	23,231	62,162	27,271
Purchases of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-37	18,600	0	57,037	0	0	0	0
Sales and maturities of marketable securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	18,600	20,000	28,100	9,000	0	0	0	11,115	2,404
Proceeds from divestiture
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-
Proceeds from disposal of property, plant, and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,000	400	0	1,200	8,900	400	300	1,100	200	2,500	300	300	1,216	1,881	773	130	798	4,663	49	290	193	12	0	0
Other – net
16,900	-11,300	-20,900	8,000	15,100	-16,300	25,200	-1,300	-5,900	7,800	-31,500	26,500	-400	0	12,300	-27,800	7,600	-6,300	-7,000	18,100	10,700	-3,000	4,300	1,400	-600	1,800	7,100	-400	-11,300	11,800	-17,700	19,379	-1,229	2,232	18	1	110	29	-40	-94	14	658	160
Revolving credit facility - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	85,000	-	-	0	0	-	-	-	306,700	-	-	-	0	-	-	-	-
Special dividends paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Repayment of bank note payable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-
Net Cash Provided by (Used for) Investing Activities
-73,400	-52,100	-52,100	-101,400	-103,900	312,600	-2,031,500	-105,800	-65,500	-68,200	-38,100	-41,600	-51,800	-33,800	-62,500	-9,000	126,700	-57,900	-38,100	-1,342,700	-58,900	-142,000	-52,100	-113,100	-64,300	-150,600	-42,300	-59,400	-34,200	-63,700	-28,300	-126,285	-437,583	-60,266	-411,766	-48,133	-35,007	-26,107	-83,653	-4,478	-23,233	-51,705	-25,027
Financing Activities
Short-term borrowings (repayments) – net
-19,700	27,100	-130,000	-78,000	114,000	-140,000	386,000	-110,000	-210,000	180,100	-170,100	312,000	-264,000	100,000	22,000	146,000	-232,000	67,400	76,600	-38,000	-281,900	75,900	221,600	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from long-term debt
0	0	0	0	0	0	1,500,000	0	799,600	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	400,000	0	0	0	0
Repayments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	0	0	100,000	100,000	0	350,000	200,000	250,000	4,093,900	0	0	100,000	50,000	0	0	0	-	-	-	-	-	-	-	-	0	0	10,000	0	0	200,000	0	75,000
Quarterly dividends paid
100,100	100,100	96,500	96,500	96,500	96,500	88,400	88,900	88,000	88,500	84,900	87,200	87,200	87,100	77,800	80,100	80,000	80,100	76,400	65,000	65,100	65,000	58,900	60,600	61,000	61,000	55,400	56,300	56,300	57,400	52,800	54,311	54,564	54,666	50,159	50,935	47,732	47,739	47,594	41,638	41,593	41,586	41,407
Purchase of treasury shares
800	600	2,900	200	200	300	4,700	100	200	100	6,600	418,600	200	700	18,100	433,300	400	500	6,900	9,000	4,000	700	10,600	281,500	61,500	100	165,400	188,700	200	171,100	4,200	225,278	45,930	39,207	5,385	141,771	242,182	114	5,033	138	206	352	4,873
Proceeds from stock option exercises
0	0	7,000	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	100	200	100	300	1,100	600	200	1,081	1,201	276	242	4,531	7,869	775	1,325	103	4,638	470	1,202
Other – net
-300	1,000	-200	100	100	2,500	-2,400	2,200	-5,100	-2,600	1,500	100	100	-100	700	200	100	0	500	-40,900	900	1,600	7,800	-26,200	100	-1,400	100	900	500	200	-7,800	615	2,186	-7,635	2,534	3,207	2,517	263	2,213	109	1,437	-427	713
Net Cash Provided by (Used for) Financing Activities
-420,900	-172,600	-222,600	-274,600	-282,600	-534,300	1,790,500	-196,800	-404,000	-61,100	-260,100	-193,700	-351,300	-87,900	-173,200	-367,200	-662,300	-213,200	-256,200	1,135,700	-350,100	11,800	59,900	-170,300	-329,300	59,700	-135,600	-293,800	-54,900	-227,700	-64,600	-277,853	-97,107	340,628	253,932	-184,968	-279,528	-56,815	350,911	-41,564	-585,724	-41,895	-119,365
Effect of exchange rate changes on cash
-	-	700	-	-	-	-2,600	-5,400	6,400	-3,900	10,300	-1,700	1,400	-2,500	-3,400	9,300	-5,200	1,000	-4,700	-6,600	-12,300	-5,900	-3,800	1,400	-9,400	-2,000	-3,100	-1,400	300	600	-2,000	1,794	-475	-4,721	-1,298	6,068	1,821	828	-817	2,147	1,048	-124	3,319
Net increase (decrease) in cash and cash equivalents
-	-	-52,500	-	-	-	-600	6,400	5,900	-2,900	16,400	27,200	17,800	12,200	-200	-30,700	1,500	5,400	8,000	13,900	6,400	-44,100	-4,100	-15,100	18,100	-7,000	-98,900	-182,400	235,200	-107,900	81,800	-140,683	-125,860	393,813	-217,370	-229,813	62,120	-35,310	239,203	158,009	-284,147	119,936	-166,921