V f corp (VFC)
CashFlow / Yearly
Mar'19Dec'17Dec'16Jan'16Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
OPERATING ACTIVITIES
Net income

1,259,792

614,923

1,074,106

1,231,593

1,047,505

1,210,119

1,086,138

890,393

573,512

458,458

602,847

592,246

Adjustments to reconcile net income to cash provided by operating activities:
Impairment of goodwill and intangible assets

0

104,651

79,644

143,562

396,362

-

-

-

201,738

121,953

-

0

Depreciation and amortization

301,005

290,503

281,577

272,075

274,883

253,273

-

-

-

-

-

-

Loss from discontinued operations

-

-

-

-

-

-

-

-

-

-

-

21,625

Depreciation

-

-

-

-

-

-

148,969

127,203

116,837

113,207

105,059

94,540

Amortization of intangible assets

-

-

-

-

-

-

47,929

41,708

39,373

40,500

39,427

27,106

Other amortization

-

-

-

-

-

-

41,058

29,824

17,186

16,745

21,685

19,581

Stock-based compensation

105,157

81,641

67,762

73,420

104,313

87,118

92,814

76,739

63,538

36,038

31,592

62,413

Provision for doubtful accounts

22,553

21,171

17,283

12,006

-2,198

15,756

19,264

12,490

7,441

24,836

22,062

13,859

Pension expense in excess of contributions

-1,850

25,022

89,005

-208,709

-9,864

-28,102

-20,198

46,346

-45,850

-114,149

-4,787

7,094

Deferred income taxes

62,901

79,838

71,625

-7,088

78,064

12,370

20,797

10,867

92,068

-54,674

23,654

-3,748

Loss on sale of businesses, net of tax

-28,262

-29,841

-104,357

0

0

-

44,485

-

-

-

-

-

Other, net

31,612

2,006

15,232

34,784

-4,112

-14,306

40,931

-32,665

-29,179

-6,923

-11,477

-13,548

Changes in operating assets and liabilities:
Accounts receivable

373,012

107,083

-47,102

124,248

-854

155,053

111,571

154,487

12,954

-75,449

-52,679

-49,673

Inventories

135,099

-17,005

37,210

175,098

130,540

47,240

-87,620

7,509

114,334

-209,439

38,275

-24,113

Other current assets

-

-

-

-

-

-

-

18,449

7,689

-77,173

66,866

15,644

Accounts payable

111,678

21,494

-9,553

14,225

69,807

75,073

-74,294

-32,898

140,470

-69,560

-67,214

77,212

Income taxes

-19,974

460,350

-129,574

4,206

20,293

16,628

26,213

16,009

-14,649

14,763

24,118

-7,541

Accrued liabilities

484,858

31,928

28,904

-14,505

41,989

84,472

-35,912

-10,834

50,889

-25,182

-22,438

31,986

Accrued compensation

-

-

-

-

-

-

-

2,448

27,817

-11,714

471

-1,932

Other assets and liabilities

24,634

34,942

45,978

-2,785

-22,614

7,939

-73,183

-40,590

-20,846

42,222

34,136

-29,122

Cash provided by operating activities - continuing operations

-

-

-

-

-

1,506,041

1,275,000

-

-

-

-

833,629

Loss on disposal of discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-24,554

Other, net

-

-

-

-

-

-

-

-

-

-

-

15,982

Cash provided by operating activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-13,053

Cash provided by operating activities

1,664,223

1,474,660

1,480,568

1,203,616

1,762,066

-

-

1,081,371

1,001,282

973,485

678,401

820,576

INVESTING ACTIVITIES
Business acquisitions, net of cash received

320,405

740,541

0

0

-

-

1,750

2,207,065

38,290

212,339

93,377

1,060,636

Proceeds from sale of businesses, net of cash sold

430,286

214,968

115,983

0

0

-

-

-

-

-

-

-

Capital expenditures

250,634

169,553

175,840

254,501

234,077

271,153

251,940

170,894

111,640

85,859

124,207

113,863

Proceeds from sale of businesses

-

-

-

-

-

-

72,519

-

-

-

-

-

Trademarks acquisition

-

-

-

-

-

-

-

58,132

-

-

-

-

Software purchases

56,207

65,177

44,226

63,283

67,943

53,989

30,890

20,102

13,610

9,735

10,601

6,367

Sale of intimate apparel business

-

-

-

-

-

-

-

-

-

-

-

348,714

Sale of other businesses

-

-

-

-

-

-

-

-

-

-

-

12,368

Other, net

23,672

15,948

8,331

5,038

27,235

25,131

8,230

3,840

16,940

8,943

-12,399

-13,965

Cash used by investing activities - continuing operations

-

-

-

-

-

-350,273

-220,291

-

-

-

-

-805,819

Cash used by investing activities - discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-243

Cash used by investing activities

-220,632

-776,251

-112,414

-322,822

-329,255

-

-

-2,460,033

-180,480

-316,876

-215,786

-806,062

FINANCING ACTIVITIES
Net decrease in short-term borrowings

-864,177

686,453

-421,069

432,262

4,761

9,032

-269,010

250,824

-9,741

11,019

67,736

-36,785

Payments on long-term debt

6,264

254,314

13,276

3,975

4,760

404,872

2,776

2,738

203,063

3,242

3,632

168,671

Payment of debt issuance costs

2,123

0

6,807

1,475

0

-

-

55,536

-

-

-

-

Proceeds from long-term debt

0

0

951,817

0

0

-

-

898,450

-

-

-

592,758

Purchases of treasury stock

150,676

1,200,356

1,000,468

732,623

727,795

282,024

307,282

7,420

411,838

111,974

149,729

350,000

Cash dividends paid

767,061

684,679

635,994

565,275

478,933

402,136

333,229

285,722

264,281

261,682

255,235

246,634

Proceeds from issuance of Common Stock, net of shares withheld for taxes

199,296

89,893

48,918

30,871

34,869

48,029

62,770

134,012

137,732

62,590

64,972

69,539

Tax benefits of stock-based compensation

-

-

-

-

-

48,140

47,213

33,153

8,599

6,464

22,504

15,571

Cash used by financing activities

-1,591,005

-1,363,003

-1,076,879

-840,215

-1,171,858

-983,831

-802,515

912,245

-742,832

-319,343

-389,761

-50,652

Acquisitions of noncontrolling interests

-

-

-

-

-

-

-

52,440

-

-

-

-

Other, net

-

-

-

-

-

-

-201

-338

-240

-480

-905

0

Effect of foreign currency rate changes on cash, cash equivalents and restricted cash

14,811

2,965

-6,645

-66,680

-65,461

7,005

4,039

15,406

-17,280

12,439

-12,873

14,777

Net change in cash, cash equivalents and restricted cash

-132,603

-661,629

284,630

-26,101

195,492

178,942

256,233

-451,011

60,690

349,705

59,981

-21,361