USG CORP USG Cash Flow

Usg corp (USG)

CashFlow / Yearly

Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12	Dec'11	Dec'10	Dec'09	Dec'08
Operating Activities
Net Income (Loss) Attributable to Parent
196,000	88,000	510,000	991,000	38,000	46,000	-125,000	-390,000	-405,000	-787,000	-463,000
Less: Income (loss) from discontinued operations, net of tax
3,000	-9,000	20,000	15,000	12,000	-2,000	2,000	6,000	5,000	-	-
Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of Tax
0	0	279,000	0	0	-	55,000	0	0	-	-
Income from continuing operations
193,000	97,000	211,000	976,000	26,000	48,000	-182,000	-396,000	-410,000	-	-
Adjustments to reconcile income from continuing operations to net cash:
Depreciation, depletion, amortization, and accretion
150,000	132,000	134,000	131,000	142,000	155,000	156,000	164,000	176,000	203,000	182,000
Loss on extinguishment of debt
0	-22,000	-37,000	-19,000	0	0	-41,000	0	0	-	-
Litigation settlement charge
-	-	-	-	-48,000	0	0	-	-	-	-
Long-lived asset impairment charges
0	0	10,000	0	90,000	0	8,000	53,000	58,000	43,000	-
Recovery of receivable
0	0	-3,000	-6,000	15,000	0	-	-	-	-	-
Contract termination charge and loss on receivable
-	-	-	-	-	-	0	-	-	-	-
Intangible and long-lived asset impairment charges
-	-	-	-	-	-	-	-	-	-	226,000
Share-based compensation expense
21,000	18,000	18,000	14,000	20,000	19,000	17,000	21,000	23,000	21,000	24,000
Deferred income taxes
28,000	255,000	57,000	-742,000	4,000	2,000	4,000	-8,000	-11,000	453,000	-111,000
Provision for bad debt
-	-	-	-	-	0	7,000	9,000	-	-	-
Noncash income tax benefit
-	-	-	-	-	-	-	-	-37,000	-	-
(Gain) loss on asset dispositions
12,000	-1,000	9,000	13,000	11,000	1,000	8,000	6,000	2,000	10,000	-1,000
Loss on sale of equity method investment
-8,000	0	0	6,000	0	0	-	-	-	-	-
Income from equity method investments
42,000	59,000	49,000	50,000	35,000	1,000	0	-	-	-	-
Dividends received from equity method investments
30,000	42,000	47,000	38,000	0	0	-	-	-	-	-
Pension settlement
0	12,000	20,000	1,000	13,000	16,000	0	0	-	-	-
Gain on deconsolidation of subsidiaries and consolidated joint ventures
-	-	-	-	27,000	0	0	-	-	-	-
(Increase) decrease in working capital
Convertible debt embedded derivative
-	-	-	-	-	-	-	-	-	10,000	11,000
Receivables
5,000	32,000	-6,000	-21,000	35,000	44,000	-6,000	15,000	-28,000	-108,000	37,000
Income taxes receivable, net
4,000	12,000	-3,000	3,000	-3,000	1,000	-6,000	5,000	-16,000	4,000	-22,000
Inventories
42,000	13,000	20,000	16,000	11,000	28,000	12,000	17,000	-3,000	-113,000	-27,000
Other current assets
-1,000	3,000	-9,000	-1,000	0	4,000	-5,000	3,000	-	-	-
Prepaid expenses
-	-	-	-	-	-	-	-	0	-	-
Payables
7,000	20,000	21,000	-16,000	9,000	-4,000	27,000	17,000	8,000	-8,000	-78,000
Accrued expenses
-2,000	-36,000	-39,000	-61,000	-9,000	-23,000	14,000	-10,000	14,000	-23,000	49,000
Increase in other assets
0	-4,000	0	-4,000	-3,000	6,000	-1,000	2,000	-5,000	-25,000	23,000
Decrease in pension and other postretirement benefits
-40,000	-57,000	-142,000	-28,000	-55,000	-63,000	-16,000	-23,000	-	-	-
Decrease in other liabilities
-23,000	-13,000	-6,000	-7,000	-12,000	-6,000	-5,000	17,000	35,000	2,000	25,000
Other, net
-13,000	-4,000	-9,000	-22,000	18,000	-21,000	1,000	1,000	1,000	-13,000	2,000
Net cash provided by operating activities of continuing operations
281,000	382,000	314,000	279,000	160,000	-	10,000	11,000	1,000	-	-
Net cash provided by operating activities of discontinued operations
3,000	0	59,000	52,000	12,000	-2,000	-	-	-	-	-
Net cash provided by operating activities
284,000	382,000	373,000	331,000	172,000	80,000	68,000	-205,000	-95,000	139,000	-165,000
Investing Activities
Purchases of marketable securities
102,000	105,000	274,000	246,000	204,000	205,000	137,000	355,000	354,000	-	-
Sales or maturities of marketable securities
103,000	97,000	413,000	170,000	190,000	194,000	291,000	345,000	74,000	-	-
Payments to Acquire Property, Plant, and Equipment
219,000	168,000	83,000	87,000	125,000	124,000	70,000	54,000	38,000	44,000	238,000
Acquisition of mining rights
-	-	-	-	-	17,000	16,000	0	0	-	-
Net proceeds from asset dispositions
14,000	2,000	12,000	58,000	13,000	2,000	14,000	9,000	23,000	16,000	-
Net proceeds from sale of equity method investment
3,000	0	0	-	-	-	-	-	-	-	-
Acquisition of business, including working capital adjustment
-2,000	52,000	0	-	-	-	-	-	-	-	1,000
Receipt of collection on loan from former joint venture
4,000	0	0	-	-	-	-	-	-	-	-
Net proceeds from the sale of equity method investment to related party
-	-	-	52,000	0	0	-	-	-	-	-
Acquisition of business
-	-	-	0	-	-	-	-	-	-	-
Return of capital
0	0	1,000	0	-	-	-	-	-	-	-
Net proceeds from sale of business
-	-	-	-	-	-	73,000	0	0	-	-
Investments in joint ventures, including $23 of cash of contributed subsidiaries in 2014
-	-	-	-	560,000	5,000	14,000	0	0	7,000	12,000
Loans to joint ventures
-	-	-	-	-	-	4,000	4,000	1,000	-	-
Insurance proceeds
0	1,000	1,000	0	3,000	2,000	0	2,000	0	-	-
Return (deposit) of restricted cash
-	-	-	8,000	-4,000	4,000	-1,000	-2,000	2,000	1,000	1,000
Net cash (used for) provided by investing activities of continuing operations
-195,000	-225,000	70,000	-61,000	-679,000	-	-1,000	-1,000	-1,000	-	-
Net cash provided by investing activities of discontinued operations
0	6,000	667,000	-2,000	-4,000	-	-	-	-	-	-
Net cash (used for) provided by investing activities
-195,000	-219,000	737,000	-63,000	-683,000	-157,000	138,000	-55,000	-298,000	-36,000	-252,000
Financing Activities
Issuance of debt
0	500,000	0	350,000	3,000	361,000	248,000	0	350,000	319,000	1,950,000
Repayment of debt
0	521,000	1,131,000	386,000	63,000	4,000	283,000	6,000	7,000	195,000	1,331,000
Payment of debt issuance fees
0	8,000	0	6,000	3,000	6,000	5,000	0	16,000	15,000	10,000
Loan from venture partner
-	-	-	-	-	4,000	4,000	0	0	-	-
Issuance of common stock
11,000	15,000	4,000	6,000	4,000	4,000	4,000	0	1,000	-	-
Repurchase of common stock
76,000	184,000	0	0	7,000	9,000	6,000	3,000	2,000	-	-
Repurchases of common stock to satisfy employee tax withholding obligations
15,000	4,000	2,000	8,000	-	-	-	-	-	-	-
Conditional special dividend
70,000	0	0	-	-	-	-	-	-	-	-
Excess tax benefits from share-based compensation
-	-	-	-	-	-	-	-	-	-	-1,000
Net cash used for financing activities of continuing operations
-150,000	-202,000	-1,129,000	-44,000	-66,000	350,000	-38,000	-9,000	326,000	109,000	608,000
Effect of exchange rate changes on cash
-5,000	6,000	-5,000	-10,000	-5,000	-7,000	4,000	-5,000	6,000	7,000	-17,000
Net decrease in cash and cash equivalents from continuing operations
-69,000	-39,000	-750,000	164,000	-590,000	-	-	-	-	-	-
Net increase in cash and cash equivalents from discontinued operations
3,000	6,000	726,000	50,000	8,000	-	-	-	-	-	-
Net decrease in cash and cash equivalents
-66,000	-33,000	-24,000	211,000	-584,000	264,000	181,000	-264,000	-61,000	219,000	174,000
Change in cash balance included in discontinued operations
-	-	-	-3,000	-2,000	-	-	-	-	-	-
Supplemental Cash Flow Disclosures:
Interest paid, net of interest capitalized
53,000	82,000	153,000	158,000	172,000	192,000	200,000	196,000	-171,000	139,000	83,000
Income taxes paid, net of refunds received
9,000	10,000	4,000	0	7,000	10,000	1,000	6,000	10,000	-1,000	-21,000
Noncash Investing and Financing Activities:
Amount in accounts payable for capital expenditures
23,000	18,000	15,000	5,000	15,000	13,000	10,000	5,000	-9,000	2,000	6,000
Reversal of USG Boral Building Products earnout
0	0	-24,000	0	-	-	-	-	-	-	-
Contribution of wholly-owned subsidiaries and joint venture investments as consideration for investment in USG Boral Building Products
-	-	-	-	121,000	0	0	-	-	-	-
Conversion of $75 million of 10% convertible senior notes due 2018, net of discount
-	-	-	-	73,000	314,000	0	-	-	-	-
Issuance of common stock upon conversion of debt
-	-	-	-	75,000	313,000	0	-	-	-	-
Acceleration of deferred financing fee amortization to additional paid-in capital
-	-	-	-	-	1,000	0	-	-	-	-
Accrued interest on debt conversion
-	-	-	-	2,000	0	0	-	-	-	-