United Rentals, Inc. URI Cash Flow

United rentals, inc. (URI)

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
Cash Flows From Operating Activities:
Net Income (Loss) Attributable to Parent
173,000	338,000	391,000	270,000	175,000	310,000	333,000	270,000	183,000	897,000	199,000	141,000	109,000	153,000	187,000	134,000	92,000	169,000	215,000	86,000	115,000	194,000	192,000	94,000	60,000	140,000	143,000	83,000	21,000	41,000	73,000	-52,000	13,000	29,000	65,000	27,000	-20,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
526,000	516,000	519,000	504,000	499,000	470,000	418,000	390,000	393,000	390,000	353,000	330,000	310,000	318,000	311,000	306,000	310,000	318,000	315,000	307,000	304,000	312,000	306,000	299,000	277,000	284,000	278,000	270,000	266,000	272,000	275,000	221,000	129,000	129,000	123,000	117,000	111,000
Amortization of deferred financing costs and original issue discounts
4,000	4,000	3,000	4,000	4,000	3,000	3,000	3,000	3,000	3,000	2,000	2,000	2,000	2,000	3,000	2,000	2,000	2,000	3,000	2,000	3,000	3,000	4,000	5,000	5,000	5,000	5,000	5,000	6,000	6,000	5,000	7,000	5,000	5,000	6,000	6,000	5,000
Gain on sales of rental equipment
83,000	89,000	76,000	81,000	67,000	82,000	57,000	65,000	74,000	67,000	55,000	52,000	46,000	58,000	44,000	55,000	47,000	63,000	56,000	56,000	52,000	68,000	58,000	58,000	45,000	52,000	40,000	44,000	40,000	42,000	29,000	25,000	29,000	24,000	15,000	13,000	14,000
Gain on sales of non-rental equipment
1,000	3,000	0	1,000	2,000	2,000	1,000	2,000	1,000	0	1,000	2,000	1,000	1,000	2,000	0	1,000	2,000	2,000	2,000	2,000	4,000	3,000	3,000	1,000	3,000	1,000	1,000	1,000	0	0	1,000	1,000	0	1,000	1,000	0
Gain on insurance proceeds from damaged equipment
6,000	6,000	6,000	5,000	7,000	4,000	4,000	12,000	2,000	11,000	2,000	7,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stock compensation expense, net
13,000	16,000	14,000	16,000	15,000	29,000	30,000	24,000	19,000	23,000	24,000	24,000	16,000	12,000	11,000	13,000	9,000	12,000	12,000	11,000	14,000	26,000	17,000	19,000	12,000	12,000	15,000	10,000	9,000	9,000	10,000	9,000	4,000	3,000	3,000	4,000	2,000
Merger related costs
0	0	0	0	1,000	22,000	11,000	2,000	1,000	18,000	16,000	14,000	2,000	0	0	0	0	0	0	1,000	-27,000	-2,000	4,000	8,000	1,000	1,000	0	2,000	6,000	13,000	8,000	80,000	10,000	19,000	0	0	0
Restructuring charge
2,000	2,000	2,000	6,000	8,000	16,000	9,000	4,000	2,000	22,000	9,000	19,000	0	6,000	4,000	2,000	2,000	5,000	0	0	1,000	1,000	-2,000	-1,000	1,000	0	1,000	5,000	6,000	6,000	40,000	53,000	0	14,000	2,000	2,000	1,000
Gain (Loss) on Extinguishment of Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-121,000	-2,000	0	-5,000	-64,000	-11,000	-	-	-	-	-	-	-	-	-	-	-	-
Loss on retirement of subordinated convertible debentures
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-1,000	0	0	0	0	-1,000	0	0	-1,000
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	0	26,000	27,000	-52,000	57,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase in deferred taxes
1,000	87,000	68,000	28,000	21,000	67,000	97,000	56,000	37,000	-630,000	57,000	30,000	10,000	33,000	159,000	-44,000	-25,000	430,000	-24,000	-31,000	-39,000	-127,000	-77,000	-35,000	-22,000	-70,000	-58,000	-36,000	-3,000	21,000	-19,000	15,000	-1,000	-23,000	-20,000	-5,000	9,000
Increase in restricted cash- RSC merger related debt interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	25,000	-	-	-	0
Changes in operating assets and liabilities, net of amounts acquired:
Decrease in accounts receivable
-105,000	-69,000	69,000	34,000	-73,000	-16,000	160,000	51,000	-80,000	12,000	156,000	81,000	-65,000	-8,000	61,000	35,000	-103,000	-61,000	109,000	44,000	-81,000	2,000	107,000	39,000	-47,000	3,000	51,000	31,000	-65,000	-8,000	97,000	47,000	-50,000	2,000	45,000	51,000	-36,000
Decrease (increase) in inventory
-5,000	-9,000	-8,000	16,000	9,000	-3,000	4,000	10,000	9,000	-10,000	4,000	-1,000	6,000	-4,000	1,000	-2,000	4,000	-8,000	-3,000	-1,000	4,000	-34,000	-8,000	-1,000	32,000	-20,000	-21,000	9,000	34,000	-20,000	-17,000	-2,000	41,000	-14,000	-13,000	6,000	24,000
(Increase) decrease in prepaid expenses and other assets
30,000	38,000	-2,000	35,000	-12,000	-44,000	-6,000	17,000	-42,000	19,000	-6,000	16,000	-9,000	-2,000	-11,000	0	-64,000	55,000	-20,000	21,000	-18,000	62,000	-15,000	1,000	4,000	-67,000	13,000	24,000	-30,000	1,000	1,000	27,000	-11,000	4,000	-4,000	9,000	6,000
Increase in accounts payable
33,000	-387,000	90,000	193,000	18,000	-189,000	-213,000	348,000	103,000	-209,000	-79,000	290,000	139,000	-166,000	-200,000	281,000	56,000	-203,000	-206,000	217,000	184,000	-220,000	-118,000	152,000	163,000	-73,000	-241,000	202,000	121,000	-121,000	-198,000	-76,000	172,000	-33,000	-46,000	57,000	90,000
Decrease in accrued expenses and other liabilities
-98,000	-105,000	46,000	42,000	-74,000	27,000	6,000	67,000	-135,000	27,000	27,000	2,000	14,000	-50,000	133,000	-51,000	20,000	-108,000	145,000	-79,000	-1,000	-4,000	72,000	-29,000	-9,000	-32,000	61,000	-37,000	-50,000	-38,000	31,000	-56,000	-45,000	-18,000	28,000	4,000	-19,000
Net Cash Provided by (Used in) Operating Activities
644,000	442,000	992,000	923,000	667,000	730,000	474,000	1,007,000	642,000	453,000	427,000	707,000	622,000	311,000	383,000	643,000	604,000	438,000	307,000	575,000	675,000	335,000	412,000	546,000	508,000	436,000	237,000	469,000	409,000	226,000	153,000	88,000	254,000	159,000	157,000	142,000	154,000
Cash Flows From Investing Activities:
Purchases of rental equipment
208,000	158,000	845,000	872,000	257,000	144,000	736,000	946,000	280,000	284,000	572,000	694,000	219,000	-	-	-	-	-	-	-	323,000	217,000	456,000	695,000	333,000	81,000	474,000	736,000	289,000	163,000	273,000	446,000	390,000	143,000	219,000	297,000	115,000
Purchases of non-rental equipment
53,000	61,000	60,000	55,000	42,000	51,000	54,000	47,000	33,000	33,000	32,000	33,000	22,000	-	-	-	-	-	-	-	22,000	36,000	32,000	34,000	18,000	33,000	30,000	27,000	14,000	21,000	14,000	26,000	36,000	12,000	11,000	8,000	5,000
Proceeds from sales of rental equipment
208,000	244,000	198,000	197,000	192,000	186,000	140,000	157,000	181,000	172,000	139,000	133,000	106,000	-	-	-	-	-	-	-	116,000	156,000	140,000	138,000	110,000	134,000	102,000	131,000	123,000	141,000	101,000	81,000	76,000	93,000	42,000	41,000	32,000
Proceeds from sales of non-rental equipment
9,000	11,000	11,000	7,000	8,000	10,000	5,000	4,000	4,000	6,000	4,000	4,000	2,000	-	-	-	-	-	-	-	4,000	7,000	8,000	7,000	11,000	11,000	4,000	6,000	5,000	5,000	14,000	5,000	7,000	2,000	3,000	4,000	4,000
Insurance proceeds from damaged equipment
6,000	6,000	6,000	5,000	7,000	4,000	4,000	12,000	2,000	11,000	2,000	7,000	1,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of other companies, net of cash acquired
0	2,000	52,000	22,000	173,000	2,161,000	747,000	6,000	52,000	1,314,000	98,000	965,000	0	0	14,000	1,000	13,000	0	28,000	58,000	0	4,000	-4,000	755,000	1,000	0	9,000	0	0	0	0	1,118,000	57,000	78,000	55,000	143,000	0
Purchases of investments
1,000	1,000	1,000	1,000	0	-	-	-	-	0	1,000	3,000	1,000	2,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Provided by (Used in) Investing Activities
-39,000	39,000	-743,000	-741,000	-265,000	-2,158,000	-1,388,000	-827,000	-178,000	-1,442,000	-558,000	-1,551,000	-133,000	18,000	-343,000	-505,000	-17,000	22,000	-316,000	-651,000	-225,000	-94,000	-336,000	-1,339,000	-231,000	31,000	-407,000	-626,000	-175,000	-38,000	-172,000	-1,494,000	-400,000	-138,000	-240,000	-403,000	-84,000
Cash Flows From Financing Activities:
Proceeds from debt
2,517,000	3,135,000	1,535,000	3,163,000	1,427,000	5,116,000	2,732,000	2,074,000	2,256,000	3,099,000	4,759,000	2,441,000	1,502,000	2,940,000	1,848,000	3,050,000	914,000	1,113,000	1,546,000	3,171,000	2,736,000	1,159,000	1,135,000	2,378,000	2,398,000	874,000	1,292,000	1,008,000	631,000	1,127,000	693,000	842,000	3,351,000	430,000	355,000	536,000	571,000
Payments of debt
2,375,000	3,409,000	1,590,000	3,107,000	1,572,000	3,478,000	1,658,000	2,243,000	2,563,000	2,051,000	4,613,000	1,604,000	1,939,000	3,202,000	1,701,000	2,983,000	1,337,000	1,389,000	1,446,000	2,943,000	2,704,000	1,201,000	1,060,000	1,479,000	2,543,000	1,284,000	1,074,000	812,000	795,000	1,268,000	638,000	2,079,000	385,000	430,000	301,000	441,000	641,000
Increase in restricted cash- proceeds from RSC merger related debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-2,825,000	-	-	-	0
Proceeds from the exercise of common stock options
1,000	1,000	0	6,000	4,000	0	0	1,000	1,000	2,000	0	0	1,000	1,000	0	0	0	-	-	-	-	0	0	1,000	1,000	1,000	0	2,000	3,000	4,000	6,000	6,000	5,000	4,000	1,000	26,000	4,000
Common stock repurchased
276,000	206,000	210,000	211,000	243,000	211,000	211,000	169,000	226,000	30,000	2,000	1,000	23,000	40,000	152,000	172,000	164,000	122,000	166,000	158,000	343,000	214,000	152,000	186,000	61,000	16,000	15,000	54,000	30,000	3,000	13,000	107,000	8,000	0	0	0	7,000
Payments of financing costs
9,000	10,000	-1,000	10,000	9,000	23,000	0	1,000	0	0	37,000	0	7,000	12,000	0	12,000	0	0	1,000	2,000	24,000	0	0	2,000	20,000	2,000	0	0	0	8,000	0	64,000	3,000	16,000	0	0	0
Cash received in connection with the 4 percent Convertible Senior Notes and related hedge, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	11,000	6,000	18,000	7,000	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefits from share-based payment arrangements
-	-	-	-	-	-	-	-	-	-	-	-	-	5,000	0	26,000	27,000	-52,000	57,000	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Cash Provided by (Used in) Financing Activities
-142,000	-489,000	-264,000	-159,000	-393,000	1,404,000	863,000	-338,000	-532,000	1,020,000	107,000	836,000	-466,000	-308,000	-5,000	-91,000	-560,000	-447,000	-10,000	17,000	-335,000	-245,000	-71,000	730,000	-218,000	-411,000	159,000	148,000	-191,000	-149,000	45,000	1,422,000	135,000	-12,000	53,000	112,000	-73,000
Effect of foreign exchange rates
-2,000	0	0	0	0	2,000	-1,000	-3,000	-6,000	-3,000	10,000	9,000	2,000	-6,000	-3,000	-1,000	13,000	-5,000	-10,000	2,000	-16,000	-6,000	-7,000	6,000	-7,000	-6,000	3,000	-5,000	-2,000	-1,000	1,000	-1,000	1,000	1,000	-2,000	2,000	5,000
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect
461,000	-8,000	-15,000	23,000	9,000	-22,000	-52,000	-161,000	-74,000	28,000	-14,000	1,000	25,000	15,000	32,000	46,000	40,000	8,000	-29,000	-57,000	99,000	-10,000	-2,000	-57,000	52,000	50,000	-8,000	-14,000	41,000	38,000	27,000	15,000	-10,000	10,000	-32,000	-147,000	2,000
Supplemental disclosure of cash flow information:
Cash paid for income taxes, net
3,000	142,000	23,000	69,000	4,000	21,000	11,000	29,000	10,000	91,000	55,000	58,000	1,000	85,000	11,000	56,000	-53,000	-	-	-	35,000	40,000	24,000	27,000	9,000	4,000	13,000	16,000	15,000	9,000	7,000	12,000	12,000	4,000	4,000	5,000	11,000
Cash paid for interest
174,000	101,000	179,000	122,000	179,000	76,000	166,000	60,000	153,000	52,000	128,000	87,000	90,000	121,000	75,000	150,000	69,000	143,000	51,000	162,000	91,000	142,000	91,000	140,000	84,000	139,000	93,000	139,000	90,000	152,000	85,000	94,000	40,000	62,000	43,000	64,000	34,000