Terex Corporation TEX Cash Flow

Terex corporation (TEX)

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	Dec'09	Sep'09	Jun'09	Mar'09
Operating Activities
Net income (loss)
-24,900	24,500	21,400	75,100	-66,600	-33,000	38,600	57,800	50,300	-26,700	59,200	100,800	-4,600	-266,400	97,300	64,600	-71,000	16,600	44,900	85,900	1,600	81,000	64,200	140,400	33,900	85,300	93,700	19,600	22,300	-31,600	28,300	82,800	24,100	-2,100	33,100	-1,200	10,900	-45,500	-94,700	-38,900	541,600	-143,400	-102,200	-77,200	-74,500
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization
11,800	11,000	12,800	12,300	13,500	14,300	14,100	15,300	16,000	17,800	17,400	15,000	16,300	19,300	19,700	27,800	29,900	32,600	26,900	40,000	32,900	47,300	38,200	40,900	39,100	34,700	39,300	39,900	38,400	40,700	35,700	37,800	38,800	37,300	36,200	26,900	26,200	-	-	-	-	-	-	-	-
(Gain) loss on disposition of discontinued operations
0	9,600	-20,900	10,800	600	-2,400	200	1,900	2,700	5,000	2,600	5,400	55,700	0	0	100	3,400	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	620,400	-	-	-	-
(Income) loss from discontinued operations net of tax
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,500	-	3,300	22,000	23,600
Deferred taxes
4,700	-8,000	-4,100	-2,900	-2,600	-15,900	-4,300	12,700	-1,600	60,500	-8,000	10,000	-24,900	-36,500	-18,700	-77,900	-4,500	14,800	-13,500	-2,100	-1,800	-7,100	7,800	-12,600	-5,900	3,800	11,900	-7,600	-10,400	-34,900	-5,300	6,200	8,800	15,500	-12,300	-13,400	8,200	1,600	161,500	-5,900	-49,200	-31,900	-26,100	-51,500	-22,400
Loss on investments in derivative securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7,500	-	-	-	-
Impairments
100	1,400	100	-4,000	86,100	5,500	1,400	1,600	500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2,300	2,500	-	0	-1,400	6,700	-	-	-	-	-	-	-	-
Depreciation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,400	-	18,200	13,700	16,600
Amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,800	-	6,000	5,100	4,800
(Gain) loss on sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	8,200	-2,600	200	0	-	-	-	-	-	-	-	-	-	-	-	-	-2,900	-700	3,700	5,800	1,500	79,800	40,400	51,800	1,900	300	700	400	-	-	-	300
Loss on early extinguishment of debt
-	-	-	-	-	-	-	-	-	-105,200	700	6,500	45,400	-800	0	400	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock-based compensation expense
7,300	11,600	7,300	12,500	11,700	8,600	9,600	10,600	7,900	8,600	9,700	10,500	9,700	9,600	9,500	10,000	8,700	6,600	10,100	11,300	10,500	10,400	9,900	15,100	11,100	13,900	8,100	12,800	9,100	7,000	6,600	9,800	5,700	5,100	4,600	8,100	5,600	6,800	9,500	9,800	8,800	6,200	6,500	9,900	9,200
Other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,200	-	-	-	-
Inventory and other non-cash charges
-6,100	-3,600	-4,400	-14,600	-25,000	-10,400	-10,100	-9,900	100	-2,200	-17,700	3,600	-17,700	-119,100	19,000	20,100	19,800	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in operating assets and liabilities (net of effects of acquisitions and divestitures):
Trade receivables
16,300	-109,100	-133,000	-30,200	96,200	-13,300	-40,400	60,200	101,400	-140,900	-40,000	50,700	130,700	-52,200	-103,800	65,300	57,700	-219,200	-51,800	95,500	101,400	-61,700	-117,700	244,800	-61,200	57,200	-34,400	49,200	81,100	-103,200	-107,200	79,500	8,400	-12,600	61,600	37,800	94,400	57,500	32,400	88,800	36,400	90,300	-62,300	-102,100	-219,600
Inventories
-2,100	-31,400	6,800	-65,300	69,600	109,600	113,600	34,800	26,200	41,400	-16,200	-31,100	39,400	-128,800	-59,500	-2,300	93,300	-49,200	14,600	-7,500	132,700	-137,600	2,300	-33,100	195,500	-43,900	42,500	27,200	44,600	-48,100	19,500	16,600	67,000	-119,200	-67,100	106,300	106,100	-12,300	95,800	85,200	25,500	-74,400	-137,200	-177,500	-59,200
Trade accounts payable
-35,500	-68,600	-26,600	-54,800	-70,100	138,400	-14,800	29,900	59,700	32,500	-25,600	-6,800	24,900	84,400	-98,100	-11,500	4,200	4,500	-61,000	48,400	49,800	34,400	-56,800	53,400	54,800	7,900	-41,900	23,100	97,800	-113,200	-104,700	31,100	60,500	-36,900	45,900	17,400	38,200	4,100	-90,100	59,800	62,300	37,100	-50,400	-126,200	-253,300
Income taxes payable / receivable
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,000	6,200	5,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10,200	-14,600	-3,000	-17,300	-28,200
Accrued compensation and benefits
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-10,900	-	-7,100	-10,700	-12,000
Accrued warranties and product liability
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7,600	-	-7,800	-5,100	-11,400
Customer advances
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-34,400	-37,500	36,600	-	-36,400	-12,500	46,200	-13,200	-28,300	-20,400	45,400	55,600	28,700	12,100	700	-	-	-	-	-	-	-	-17,800	-	24,800	11,100	5,000
Other current assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	9,500	-	-	-	-
Other assets and liabilities
39,600	10,200	34,500	-90,000	102,300	-9,100	35,200	-48,100	47,100	-19,100	-5,600	50,000	20,700	-45,200	10,500	-97,400	-60,500	163,200	-12,200	43,100	19,900	10,800	58,400	-21,500	25,700	10,600	67,300	-46,800	15,300	-143,300	12,000	14,600	148,300	155,000	-29,900	31,900	-75,900	-32,500	142,500	100,400	-29,300	109,000	9,700	-40,900	-13,700
Foreign exchange and other operating activities, net
-4,500	400	100	-3,500	6,300	1,900	-1,800	-6,700	300	-9,400	-3,600	-15,900	-2,600	2,300	-7,700	-19,200	-18,900	-14,400	8,200	11,000	13,700	-17,200	13,700	17,800	6,000	-65,000	25,400	36,300	-2,800	-44,000	3,000	33,200	14,900	-68,400	48,200	34,900	17,400	-	-	-	-	-	-	-	-
Net cash provided by (used in) operating activities
-88,700	95,000	126,700	217,100	-265,400	113,800	-55,200	80,000	-44,400	209,200	66,900	41,500	-164,600	276,800	106,700	114,300	-120,700	284,100	28,200	25,900	-110,700	313,300	92,100	-700	25,200	25,400	33,200	71,100	58,800	153,500	121,000	96,300	-78,500	130,300	111,300	-142,300	-76,600	-141,300	-228,400	-156,300	-84,100	-47,400	50,500	53,900	-97,600
Investing Activities
Investing Activities
Capital expenditures
25,200	33,500	40,300	24,300	10,800	40,600	12,500	16,200	34,500	16,300	9,600	7,000	10,600	8,800	20,100	21,900	22,200	30,400	24,700	22,500	26,200	22,900	21,300	18,300	19,000	21,900	19,500	18,900	22,500	26,400	20,800	15,700	19,600	15,500	30,800	19,400	13,400	18,100	16,100	12,300	8,500	7,800	11,500	13,000	18,100
Acquisitions, net of cash acquired
-	-	-	-	-	-	-	-	-	-	-	-	-	3,800	0	0	3,200	-100	11,500	37,700	22,100	0	0	0	7,400	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposition of investments
-	-	-	-	-	-500	0	0	19,800	783,200	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in derivative securities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	21,100	-	-	-	-
Proceeds from sale of capital assets
500	-27,200	23,800	7,500	200	-	-	-	-	-783,100	224,600	284,100	294,600	3,500	63,700	-2,000	2,000	-	-	-	-	-	-	-	-	900	4,500	7,700	33,000	3,300	17,700	10,800	2,800	2,600	242,400	128,500	166,100	2,700	1,200	1,800	4,300	3,900	1,000	700	500
Proceeds (payments) from disposition of discontinued operations
4,500	5,300	170,200	2,200	0	-	-	-	-	2,000	5,700	3,700	764,300	0	0	3,500	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	1,002,000	-	-	-	-
Other investing activities, net
-	-	-	-	-	-200	3,300	3,000	600	-	-	-	-	0	2,400	-2,400	2,500	600	600	-2,600	2,000	4,600	-400	-2,100	-500	0	0	-1,400	2,800	2,600	0	800	4,400	0	-2,000	3,700	0	-	-	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-20,200	-24,700	153,700	-14,600	-10,600	-39,900	-12,300	-18,400	-15,300	-14,200	220,700	280,800	1,048,300	-9,100	41,200	-18,000	-25,900	-28,600	-36,900	-56,900	-50,300	-4,200	-20,900	146,000	-25,900	-21,000	-15,000	-9,100	7,700	-32,200	-3,100	-19,800	-21,200	-34,600	-804,500	93,900	152,700	-42,800	-19,600	-10,500	976,700	-3,900	-20,300	-12,300	-17,600
Financing Activities
Repayments of debt
1,500	112,300	511,000	398,500	638,700	432,300	273,900	325,700	118,200	1,100	8,000	255,500	1,329,500	281,500	323,300	515,400	166,100	368,400	326,500	576,600	126,300	281,900	882,600	440,700	196,600	68,300	227,200	251,800	24,500	878,500	442,200	198,000	14,300	25,500	45,800	65,200	311,300	-	-	-	-	-	-	-	-
Proceeds from issuance of debt
170,000	107,800	337,900	271,900	899,000	517,700	312,500	336,600	215,500	200	11,500	0	999,000	207,800	304,800	408,100	177,000	309,200	317,900	598,300	237,400	272,500	831,400	307,700	272,600	131,600	247,700	30,600	15,300	895,300	17,900	12,600	308,500	31,500	794,400	74,500	26,300	-	-	-	-	-	-	-	-
Payment of debt extinguishment costs
-	-	-	-	-	-	-	-	-	0	600	4,300	31,500	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Principal repayments of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	700	700	600	-	-	-	-
Net borrowings (repayments) under revolving line of credit agreements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-12,000	-3,400	-10,100	-	-7,800	-75,900	45,300
Payment of debt issuance costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	25,200	600	0	-	-	-	-	0	600	13,600	3,000
Proceeds from (purchase of) noncontrolling interest, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	5,200	0	2,100	71,300	0	228,000	0	100	-	-	-	-	-	-	-	-	0	0	0	12,900	0	0	0	1,700
Distributions to noncontrolling interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	-	-	-	-	-	-	-	-
Share repurchases
54,800	5,000	200	2,000	200	100,200	4,300	117,700	205,300	163,200	254,900	328,600	178,200	1,800	79,900	1,000	0	400	100	10,100	40,200	109,700	6,600	30,900	24,000	30,300	100	700	300	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
8,400	7,900	7,800	7,900	7,800	7,400	7,300	7,500	7,800	6,700	7,100	7,400	8,300	7,300	7,500	7,600	7,600	6,500	6,500	6,400	6,400	5,300	5,500	5,500	5,500	5,500	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities, net
-7,000	-800	-2,300	-2,000	-15,900	-3,800	-1,000	-1,800	-12,500	-1,600	-500	-2,500	-27,700	-600	1,700	-900	-9,100	-16,100	-200	-1,100	0	-24,700	-9,200	-200	7,400	400	-100	0	9,700	-13,000	-200	4,600	-7,600	-26,900	200	1,100	3,600	0	0	900	-900	-100	-100	-300	-300
Net cash provided by (used in) financing activities
98,300	-18,200	-183,400	-138,500	236,400	-26,500	26,000	-116,100	-128,300	-172,400	-259,600	-598,300	-576,200	-83,400	-104,200	-116,800	-5,800	-82,200	-15,400	4,100	64,500	-154,300	-72,500	-171,700	-17,400	27,800	-207,700	-240,300	100	3,500	-427,700	-185,700	286,600	-1,400	723,600	9,800	-281,400	-264,800	-12,900	-13,500	-24,500	-23,400	68,400	473,500	40,300
Effect of Exchange Rate Changes on Cash and Cash Equivalents
-14,500	12,500	-16,100	400	-2,300	-4,800	-6,100	-19,800	9,300	11,800	9,100	18,200	7,000	-26,100	1,900	-5,000	9,500	-7,900	-7,500	8,300	-30,400	-21,100	-18,500	200	500	5,300	11,900	-3,200	-14,900	10,600	10,900	-22,500	12,200	-5,100	-47,500	16,900	34,800	-11,200	101,400	-60,800	-31,400	-1,300	17,800	31,400	-20,900
Net Increase (Decrease) in Cash and Cash Equivalents
-25,100	64,600	80,900	64,400	-41,900	42,600	-47,600	-74,300	-178,700	34,400	37,100	-257,800	314,500	158,200	45,600	-25,500	-142,900	165,400	-31,600	-18,600	-126,900	133,700	-19,800	-26,200	-17,600	37,500	-177,600	-181,500	51,700	135,400	-298,900	-131,700	199,100	89,200	-17,100	-21,700	-170,500	-460,100	-159,300	-282,600	825,000	-62,000	94,700	594,200	-140,100
CASH FLOWS FROM DISCONTINUED OPERATIONS
Net cash (used in) provided by operating activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	-41,400	-11,800	15,700	-20,200	49,000	-41,600
Net cash provided by (used in) investing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,600	-1,600	-1,200	-2,600
Net cash used in financing activities of discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	100	-200	100	-100	100	-100	-100
Net cash used in discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	200	-41,500	-11,700	14,000	-21,700	47,700	-44,300