Sysco Corporation SYY Cash Flow

Sysco corporation (SYY)

CashFlow / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jul'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	Dec'08	Sep'08
Cash flows from operating activities:
Net earnings (loss)
-3,297	383,410	453,781	535,766	440,083	267,380	431,042	448,928	330,085	284,113	367,640	305,171	238,278	275,167	323,887	215,667	217,136	272,399	244,420	73,026	176,955	157,979	278,813	254,171	180,937	210,835	285,590	283,043	201,417	221,369	286,598	309,269	259,550	250,113	302,653	336,310	258,478	258,173	299,069	337,781	247,648	268,349	326,205	315,314	226,166	237,654	276,814
Adjustments to reconcile net earnings to cash provided by operating activities:
Share-based compensation expense
17,300	25,200	21,400	26,800	23,900	25,000	29,200	21,100	21,100	23,645	27,955	18,340	22,802	17,631	25,127	13,133	22,288	32,409	11,636	12,066	17,240	32,299	12,161	13,431	16,963	30,441	13,465	13,398	17,326	28,698	10,725	15,991	15,571	28,915	9,842	10,717	10,839	27,531	10,148	14,377	12,068	27,165	12,748	9,286	11,615	24,296	10,833
Depreciation and amortization
186,172	185,011	187,405	187,339	184,183	204,786	187,627	201,766	193,416	190,654	179,662	234,717	218,316	237,274	211,685	202,046	179,264	145,439	135,961	141,179	137,187	140,659	133,996	138,704	137,925	137,403	133,744	130,063	130,405	128,929	120,664	111,977	104,242	101,083	99,641	104,281	100,077	96,516	101,714	105,763	94,785	95,522	93,906	98,186	93,544	96,258	94,351
Operating lease asset amortization
30,305	26,519	26,925	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of debt issuance and other debt-related costs
5,358	4,969	4,920	5,138	5,430	4,644	6,170	7,379	6,700	7,203	7,192	6,696	12,013	6,583	6,560	9,049	22,451	7,476	6,161	3,886	3,913	16,341	3,803	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-86,460	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
69,235	50,404	25,494	28,513	9,108	68,849	20,249	-45,666	-105,237	-40,711	3,706	11,560	21,973	29,687	-11,374	31,656	27,896	-28,792	-124,631	9,942	1,567	3,136	-9,940	-8,787	12,326	12,200	14,926	-13,940	2,466	10,965	28,638	-99,041	-18,854	5,130	290,671	409,897	-63,363	17,605	-198,900	30,371	20,520	34,790	-207,546	-789,894	158,279	154,629	182,824
Provision for losses on receivables
175,351	19,706	18,712	19,155	16,144	17,183	10,464	-10,939	12,236	11,152	8,999	1,417	11,319	4,442	3,494	4,776	5,503	8,547	1,546	740	7,842	3,356	6,058	13,542	8,183	4,267	8,437	6,175	12,646	9,640	6,782	3,696	8,530	14,058	7,075	6,999	16,102	13,852	5,670	2,901	12,215	11,663	8,152	13,029	30,957	18,878	11,774
Other non-cash items
-3,526	-944	-2,295	-4,505	8,088	-4,106	3,695	-661	9,661	-6,137	-6,849	-7,042	1,001	-7,492	6,829	-42,265	3,450	10,957	4,511	14,028	7,818	1,079	1,280	1,935	-3,081	-83	-1,646	-908	-1,823	487	-241	-309	456	1,037	-226	2,168	5,736	3,523	-1,973	-1,438	-1,648	693	-157	-	-	-	-
(Gain) on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20
Additional changes in certain assets and liabilities, net of effect of businesses acquired:
Decrease (increase) in receivables
-503,715	-74,978	236,136	-114,169	180,313	-44,919	182,233	-119,898	257,068	-394,702	294,989	-312,982	317,039	-164,540	140,031	-147,515	123,973	-160,182	211,035	-165,277	-4,859	-85,725	267,602	-114,435	237,039	-120,725	234,441	-214,431	251,113	-49,367	206,440	-118,834	202,342	-172,125	195,451	-49,291	306,819	-183,386	178,499	-3,094	223,117	46,570	-100,167	-262,879	47,362	192,428	-165,659
(Increase) in inventories
217,988	93,072	186,331	-117,065	27,295	-24,663	229,100	-113,042	69,405	-33,618	166,992	32,987	-94,524	25,425	149,759	-73,762	-62,545	-93,497	162,867	27,843	-116,722	-37,887	251,998	61,052	24,750	-24,806	134,849	-25,967	-15,926	45,562	176,608	-68,746	15,675	69,967	82,322	10,102	76,724	82,263	85,649	27,162	200,636	-35,459	-86,167	-274,207	154,476	42,791	-100,650
(Increase) in prepaid expenses and other current assets
328	8,370	30,133	-2,288	-10,642	7,925	23,540	-7,658	-6,183	5,172	28,312	-2,331	-4,336	-14,148	12,657	28,998	-10,718	-9,647	-165	12,048	4,997	-13,556	7,019	8,537	2,162	-178	14,266	-6,878	-3,459	-17,559	6,192	-3,902	8,329	-4,296	6,347	-7,827	8,669	-6,141	4,958	-298	5,262	5,549	-4,242	4,835	-6,301	7,315	-5,171
(Decrease) increase in accounts payable
-162,556	-152,386	-38,894	15,207	99,498	53,603	78,112	-34,991	398,787	-229,531	-57,368	4,015	370,141	-162,295	110,914	12,505	151,857	-164,079	23,580	35,277	44,689	-107,194	99,744	100,440	283,751	-26,241	34,770	-6,447	187,689	-87,251	110,870	-71,346	198,475	-93,452	-784	28,922	330,705	-197,685	25,468	-12,627	137,328	-54,688	84,798	-19,124	121,858	-307,287	6,269
(Decrease) increase in accrued expenses
21,460	42,795	-92,661	74,999	-29,582	203,409	-111,309	113,098	-44,191	62,081	-83,883	225,449	-97,577	127,350	-259,698	199,903	31,164	81,742	-470,409	363,482	22,483	107,163	-28,725	58,054	44,762	13,867	-60,845	67,522	32,137	37,169	-69,813	33,704	5,412	39,572	-40,867	40,478	42,023	-1,248	-124,601	79,470	-4,494	16,921	-33,895	5,323	24,174	-530	-149,281
(Decrease) in operating lease liabilities
33,760	31,504	30,597	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Decrease) in accrued income taxes
-208,544	93,090	89,467	46,742	-30,696	-111,985	100,868	89,479	-220,528	-45,547	165,944	107,499	-65,529	-262,161	145,601	137,941	963	86,805	5,833	-19,520	-53,543	-97,286	137,506	23,019	17,481	-215,423	156,251	16,122	10,524	-207,312	142,649	-70,533	-38,578	-264,543	444,905	-127,782	33,450	-291,999	342,129	19,599	-79,975	-292,212	56,113	834,110	-439,751	-33,895	-34,982
Decrease (increase) in other assets
-10,240	-9,882	-3,141	6,527	-6,319	16,877	4,261	31,181	20,415	15,892	13,616	567	9,918	15,685	17,066	11,593	-14,510	-798	10,354	6,349	20,468	-13,745	-2,327	-36,223	5,510	6,544	617	-710	2,313	3,398	-5,183	11,305	4,467	-75,758	3,448	19,244	7,066	6,017	13,539	-8,104	69,990	-8,289	-22,083	12,407	1,207	28,312	-26,225
Increase (decrease) in other long-term liabilities
-2,442	52,064	3,793	-1,836	-53,693	2,582	2,056	-57,118	-317,879	92,543	-32,600	-30,385	-15,669	26,085	1,340	-112,114	-31,134	-14,523	-38,419	-8,663	-29,400	-3,021	-64,417	-50,556	-19,425	10,471	-4,243	-20,289	16,641	36,176	17,188	-116,394	28,992	31,387	10,895	-79,045	59,823	35,396	47,034	-156,482	-17,867	-11,747	-85,596	-51,332	63	37,396	-34,507
Excess tax benefits from share-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,846	7,811	4,280	1,557	6,034	7,174	689	2,289	1,971	3,733	487	2,722	1,478	348	8	0	5	6	4	144	8	0	277	250	43	10	465	103	44	-226	3,000
Net cash provided by operating activities
324,000	582,890	171,579	1,045,982	447,435	646,645	271,145	1,034,445	187,731	850,429	82,775	1,150,143	443,023	385,459	253,942	999,366	520,100	730,363	-261,482	694,985	408,061	389,820	62,618	644,751	389,900	288,935	169,229	752,186	372,623	173,584	213,201	495,891	369,774	283,172	255,343	425,759	383,112	55,865	226,782	408,899	330,108	104,817	41,604	592,024	422,976	498,379	63,370
Cash flows from investing activities:
Additions to plant and equipment
210,486	217,651	175,728	309,486	159,080	119,503	104,322	315,203	114,035	122,316	136,261	272,602	128,084	143,437	142,255	166,463	112,650	126,990	121,243	105,544	139,218	179,247	118,821	135,755	117,019	134,683	135,749	138,814	111,472	105,903	155,673	151,305	199,338	207,311	226,547	182,388	136,633	174,497	142,924	156,533	190,496	138,170	109,405	149,703	136,262	98,550	80,046
Proceeds from sales of plant and equipment
2,952	5,391	4,902	4,558	9,482	3,062	3,839	5,345	13,032	2,156	1,722	4,624	7,452	7,378	4,261	10,888	1,796	9,321	1,506	9,068	13,274	1,004	1,126	2,095	215	12,907	10,573	3,412	8,886	1,836	1,393	2,333	1,537	2,223	2,092	3,783	12,370	2,562	354	17,604	1,684	1,076	1,346	22,020	1,147	1,054	1,023
Acquisition of businesses, net of cash acquired
0	68,000	74,800	9,070	97,530	0	0	-	-	-	-	11,337	0	0	2,910,461	51,517	69,547	14,556	83,598	86,685	0	-2,897	32,074	38,876	18,001	21,120	1,341	187,411	15,799	134,076	60,161	27,247	46,589	647	36,118	65,662	8,940	2,655	23,891	8,413	11,719	827	8,334	164,207	37,591	2,743	13,534
Purchase of marketable securities
0	7,422	4,002	633	115,807	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24,195	714	32,945	27,217	0	0	0	0
Proceeds from sales of marketable securities
8,427	6,020	3,018	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other investing activities
-66,806	-565	0	-1,772	-88	1,000	-912	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Maturities of short-term investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	280	330	308	24,075	578	60,990	0	0	-	-	-	-
Decrease (increase) in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-168,274	-670	743	28	20,025	-12,458	29	4	12,509	58	23	14	18,005	-13,059	8,256	8,258	13,257	28	-24,091	5,047	5,044	-11,102	6,907	6,928	27,897	144	173	464	490
Net cash used for investing activities
-132,298	-281,066	-246,624	-162,996	-362,847	-117,441	-99,571	-354,355	-153,715	-267,804	-134,539	-272,528	-120,632	-136,059	-3,048,455	-386,767	-215,049	-132,225	-35,061	-182,491	-126,687	-175,374	-169,794	-160,078	-134,834	-142,900	-139,026	-322,871	-118,408	-238,157	-232,446	-163,160	-252,646	-213,993	-273,830	-244,015	-108,782	-179,329	-147,430	-159,857	-147,162	-177,794	-171,507	-292,034	-172,879	-100,703	-93,047
Cash flows from financing activities:
Bank and commercial paper borrowings, net
-700,529	188,015	533,400	-67,900	90,100	109,900	0	-758,000	8,035	-114,835	745,100	-1,166,752	286,873	556,802	442,777	0	0	-717,600	717,600	0	0	-398,597	268,598	-311,097	41,125	68,664	235,807	95,500	-48,100	48,100	0	-393,242	15,747	264,145	-68,625	-6,274	15,050	173,199	0	-	-	-	-	-	-	-	-
Other debt borrowings
2,663,312	-12,823	31,789	-1,501	6,518	-2,979	386,142	-4,891	1,000,025	3,953	1,512	751,824	-28,929	29,738	1,201	3,106,070	16,286	2,008,205	4,148	-4,313	36,843	4,994,601	13,901	6,543	15,556	12,951	1,780	10,838	7,147	42,376	1,106	741,507	909	1,197	984	1,819	151	1,815	626	1,672	839	2,163	2,417	4,151	493,144	8,163	1,153
Other debt repayments
5,010	7,095	16,139	512,016	261,617	8,539	8,078	13,069	528,599	5,182	5,186	-3,116	28,149	23,696	94,935	48,955	58,687	15,496	3,659	319,823	12,566	17,411	4,207	3,258	213,193	7,647	5,409	17,175	266,550	9,366	1,423	199,214	2,356	1,903	2,165	2,216	1,995	2,248	2,273	2,499	2,595	3,008	2,593	2,395	2,168	4,029	1,581
Redemption of senior notes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	5,050,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	0	2,248	2,846	-	-390	20,881	0	0	0	30,338	642	381	6,532	15,262	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for settlement of cash flow hedge
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received (paid) from termination of interest rate swap agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	129,905	58,935	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash received from termination of interest rate swap agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	14,496	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from stock option exercises
44,794	56,392	85,317	41,961	73,278	53,503	84,393	30,359	66,094	115,223	57,075	29,473	61,411	81,614	32,307	59,657	90,829	77,201	54,768	38,412	79,272	87,313	35,179	61,621	33,570	63,831	96,591	130,964	406,835	54,632	36,221	16,894	37,128	14,201	31,216	229,360	37,773	24,721	40,834	40,682	17,154	15,007	21,907	13,328	12,824	12,093	73,535
Treasury stock purchases
214,304	281,081	349,314	155,319	127,509	534,565	204,640	67,935	160,434	200,434	550,098	355,047	350,761	580,174	600,139	237,964	189,843	1,521,638	0	-	-	-	-	0	65,743	16,037	250,601	400,574	177,516	141,387	2,139	0	0	138,929	133,370	0	6,158	168,743	116,699	138,154	41,020	0	0	0	80,092	240,362	118,389
Dividends paid
228,963	199,056	200,037	200,371	195,843	191,987	187,229	187,417	187,821	172,056	174,864	176,841	178,421	170,093	173,292	175,204	175,229	169,399	179,037	178,734	175,886	170,605	170,049	169,445	169,493	164,141	164,138	166,223	166,126	157,662	158,242	158,060	157,668	153,351	153,790	151,665	151,317	147,221	146,868	147,847	148,150	142,037	141,729	141,557	142,002	132,304	132,383
Other financing activities
-23,529	-150	-22,311	-2,313	-14,010	-4,453	-2,200	2,483	-17,609	-9,492	-644	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,846	7,811	4,280	1,557	6,034	7,174	689	2,289	1,971	3,733	487	2,722	1,478	348	8	0	5	6	4	144	8	0	277	250	43	10	465	103	44	-226	3,000
Net cash provided by (used for) for financing activities
1,535,771	-255,798	62,705	-897,459	-429,083	-579,120	68,388	-998,470	-102,071	-382,823	72,895	-917,975	-248,330	-121,355	-394,927	2,639,807	-304,408	-357,931	-4,437,404	-462,901	-66,303	4,342,232	84,534	-413,728	-362,739	-53,908	-85,483	-343,948	-242,832	-162,959	-124,469	4,943	-106,238	-15,608	-325,746	71,168	-106,495	-118,477	-224,103	-245,896	-173,736	-127,865	-119,533	-127,056	278,743	-356,665	-174,665
Effect of exchange rates on cash, cash equivalents and restricted cash
-14,422	11,050	-5,485	-3,058	-2,715	-6,469	-2,435	-12,901	1,235	4,940	18,570	54,729	-66,220	-40,651	30,038	-112,218	14,593	-32,861	-7,841	-4,253	-38,044	-33,899	-5,506	1,011	-1,100	-1,796	2,527	-4,602	-668	-78	3,262	729	3,043	-1,141	-11,431	1,185	8,078	3,322	7,682	-4,557	2,759	1,957	4,555	18,278	-2,797	-13,562	-1,585
Net increase (decrease) in cash, cash equivalents and restricted cash
1,713,051	57,076	-17,825	-17,531	-347,210	-56,385	237,527	-331,281	-66,820	204,742	39,701	14,369	7,841	87,394	-3,159,402	3,140,188	15,236	207,346	-4,741,788	45,340	177,027	4,522,779	-28,148	71,956	-108,773	90,331	-52,753	80,765	10,715	-227,610	-140,452	338,403	13,933	52,430	-355,664	254,097	175,913	-238,619	-137,069	-1,411	11,969	-198,885	-244,881	191,212	526,043	27,449	-205,927
Supplemental disclosures of cash flow information:
Cash paid during the period for:
Interest
84,886	78,313	84,407	94,293	93,803	77,182	81,392	74,790	90,603	64,222	72,057	21,604	134,534	10,461	118,426	41,217	52,357	12,624	93,976	76,970	42,213	23,835	49,921	12,682	52,994	11,050	52,135	9,925	58,142	9,491	54,107	4,449	51,618	5,235	52,765	7,126	52,784	4,838	54,302	7,691	52,050	8,161	59,509	8,139	44,892	11,131	44,446
Income taxes
236,573	52,036	70,013	151,375	51,154	257,899	70,675	50,325	142,218	47,127	28,714	88,308	213,395	435,275	24,406	14,661	132,748	19,858	13,298	30,884	156,086	173,711	15,827	110,605	112,133	346,377	22,219	118,633	96,708	348,852	55,939	154,853	174,596	421,131	21,913	249,759	190,173	432,608	35,180	168,609	213,650	424,871	334,833	225,625	436,317	31,405	42,425