WABCO Holdings Inc. WBC Cash Flow

Wabco holdings inc. (WBC)

CashFlow / TTM

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
Operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest
198,900	259,400	342,000	360,900	395,600	414,400	468,500	463,000	445,300	422,900	328,100	354,000	341,400	247,300	271,000	212,000	201,400	286,000	251,400	294,500	304,100	301,200	651,800	649,900	657,800	661,900	306,400	303,400	296,500	312,500	323,500	330,900	341,900	368,200	362,500	322,800	-129,600	-214,200	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation
92,700	95,100	93,800	98,700	97,300	95,800	97,200	93,000	89,800	84,800	81,800	80,400	78,000	76,000	75,400	75,900	76,800	77,500	77,300	77,800	78,400	81,700	80,200	78,200	77,700	74,600	71,700	69,500	67,200	65,600	66,200	66,400	66,200	66,400	65,600	66,900	66,800	66,300	0	0	0
Change in fair value of non-marketable equity securities
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amortization of intangibles
28,000	28,500	29,600	28,400	28,500	28,900	28,000	26,400	24,100	22,300	20,200	21,100	22,300	22,000	21,300	20,300	19,300	19,200	20,500	20,900	21,700	19,900	16,000	13,500	10,600	10,600	12,000	11,900	11,600	11,300	11,300	11,300	11,300	11,800	13,000	14,100	15,600	17,000	0	0	0
Equity in earnings of unconsolidated joint ventures, net of dividends received
-400	-300	1,900	1,200	400	1,000	400	-100	2,600	-800	700	-100	-2,300	-3,900	-5,700	-1,100	-800	4,700	5,800	1,300	1,300	200	-800	500	700	-600	1,200	400	900	3,000	-300	1,700	1,000	2,100	3,500	4,000	3,700	1,500	0	0	0
Share-based Payment Arrangement, Noncash Expense
7,700	9,200	13,000	16,900	19,700	20,000	18,500	17,900	17,300	16,400	15,600	15,100	13,200	13,100	11,900	12,700	11,700	12,000	14,700	14,900	15,800	15,500	15,400	14,600	13,800	13,600	13,000	13,300	13,900	14,300	14,600	14,700	14,000	13,700	12,900	12,500	12,600	13,000	0	0	0
Non-cash interest expense and debt issuance cost amortization
9,900	9,900	18,900	19,500	18,800	15,400	28,700	24,800	22,500	23,100	12,800	14,700	16,200	17,700	100	0	3,900	7,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	23,100	0	0	0	-	-	-	-
Deferred income tax benefit
-20,900	-19,400	-35,900	-37,600	-33,600	-23,600	-36,700	-41,300	-42,500	-48,200	-22,200	-16,700	-17,300	68,300	62,400	64,100	68,100	-11,700	6,000	4,800	3,300	4,500	-68,400	-65,100	-62,700	-64,600	14,300	-200	-2,500	-2,900	-2,100	10,900	10,300	1,900	-4,200	-5,200	-15,500	-2,600	0	0	0
Pension and post-retirement benefit expense
66,300	64,700	62,700	63,000	62,200	62,200	61,600	60,300	58,000	57,500	55,800	52,700	50,500	44,200	43,300	43,000	42,100	43,100	40,000	37,100	35,000	32,600	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Foreign currency effects on changes in monetary assets/liabilities
-900	-300	-3,900	1,400	5,900	2,300	600	-1,100	-4,800	6,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Unrealized loss/(gain) on revaluation of foreign currency forward contracts
-1,500	400	1,100	1,200	2,700	-2,500	-100	-400	-2,400	1,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
4,000	1,700	2,500	700	2,100	2,800	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on sale or disposal of property, plant and equipment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-200	-	-1,500	-1,400	-1,400	-1,400	200	100	0	200	-400	-400	-200	-300	-500	-700	-900	-1,100	-6,900	-7,400	-7,500	-7,400	0	0	0
Indemnification settlements
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0
Changes in assets and liabilities:
Accounts receivable, net
-131,000	-79,200	-49,900	12,900	8,000	-27,500	-43,300	19,700	44,700	64,300	129,700	96,000	92,200	61,500	38,500	22,700	13,400	41,800	34,700	154,200	114,100	123,900	122,200	28,100	51,300	44,300	45,600	31,800	46,400	6,200	-5,500	-4,800	-1,800	40,100	51,600	63,500	-2,500	3,800	0	0	0
Inventories, net
17,400	-21,200	-9,700	-16,000	28,300	13,400	41,200	37,500	23,500	16,000	5,800	-3,100	5,300	3,900	26,000	33,900	39,200	42,700	28,800	11,200	12,400	2,500	10,700	7,100	11,600	16,000	9,000	6,400	-15,400	-5,700	-28,400	-19,400	7,700	14,800	49,700	64,900	61,100	41,800	0	0	0
Accounts payable
-48,100	-43,200	-26,400	-20,100	10,600	-23,800	-20,900	-7,700	-10,900	5,400	23,900	6,200	19,700	21,700	26,100	32,100	38,900	52,100	6,200	4,600	0	-18,300	26,800	7,200	14,100	33,100	2,100	14,200	-6,500	-23,000	-15,400	-15,100	-10,400	-18,100	4,200	26,300	47,400	50,300	0	0	0
Other accrued liabilities and taxes
-8,000	-8,600	-20,500	-18,100	-52,400	-66,800	100	-6,300	29,700	12,600	-24,300	18,500	58,200	66,400	63,100	33,400	-400	23,100	41,700	38,400	24,600	15,200	33,200	33,900	50,300	38,500	-24,300	-26,700	-45,100	-37,900	-41,700	-51,700	-29,400	-4,400	58,000	34,800	48,200	51,000	0	0	0
Other current and long-term assets
54,100	27,800	17,100	27,200	41,800	40,500	19,400	15,700	-9,300	-27,400	-30,300	44,500	46,200	38,800	58,200	-4,700	10,000	18,400	3,100	-34,200	-39,700	-27,500	-11,400	19,300	39,300	28,800	40,000	17,400	-8,700	-23,000	18,200	33,000	36,800	34,800	25,600	45,000	86,200	101,700	0	0	0
Other long-term liabilities
-2,300	-4,100	-14,200	-12,500	400	-11,500	146,000	160,900	148,500	157,100	-15,800	-42,500	-48,300	-45,800	-51,600	-3,900	13,000	13,500	20,700	-13,300	-10,000	-8,000	-8,400	-7,300	-13,100	-14,700	28,000	18,600	19,400	2,100	-2,500	3,900	-3,500	8,600	-55,900	-54,700	-45,300	-40,100	0	0	0
Pension and post-retirement benefit contributions
24,000	23,900	24,200	25,100	24,800	25,900	27,400	27,500	26,200	24,700	22,600	21,800	21,300	21,600	23,300	23,700	23,200	22,800	25,300	27,700	30,500	33,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash (used)/provided by operating activities
369,000	439,900	475,500	444,100	438,300	468,500	495,400	445,200	456,200	421,500	343,400	339,900	366,500	405,400	405,500	438,300	405,500	400,300	387,000	321,700	356,500	314,400	628,500	672,400	647,700	665,800	324,300	344,900	328,000	358,300	368,100	359,200	355,300	332,000	320,200	-165,300	-147,000	-190,000	0	0	0
Investing activities:
Purchases of property, plant and equipment
139,500	144,800	142,300	136,500	138,000	118,200	131,400	118,700	110,700	104,700	93,500	92,700	90,800	104,000	98,000	99,500	103,800	90,300	103,700	117,500	117,300	123,800	129,800	118,300	112,100	108,100	89,500	89,500	90,500	91,700	98,900	101,700	102,400	98,300	88,400	74,400	67,100	65,700	0	0	0
Investments in capitalized software
8,600	8,800	12,300	12,500	13,300	13,900	10,200	8,500	6,700	5,800	7,100	8,000	7,700	10,000	10,700	10,100	11,400	10,900	10,500	10,800	11,300	12,100	13,300	13,300	12,200	13,400	11,400	11,400	11,500	8,800	8,000	7,600	7,300	6,900	8,900	8,900	8,600	8,000	0	0	0
Purchases of short-term investments and repurchase agreements
633,900	746,500	893,600	841,700	780,500	687,200	521,100	523,000	500,100	535,200	559,300	396,800	573,200	324,600	245,500	248,700	60,100	121,400	44,000	31,800	-28,300	-50,700	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and maturities of short-term investments and repurchase agreements
746,400	891,900	951,100	1,007,600	825,700	585,200	634,900	494,700	451,700	548,400	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of preferred stock investment
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	20,000	20,000	20,000	20,000	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments in unconsolidated joint ventures
1,500	1,800	1,400	2,300	4,100	3,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Acquisition of assets
-	-	-	-	-	8,600	249,600	391,300	389,100	382,700	141,000	-600	29,600	92,300	93,000	92,900	62,700	0	0	0	1,300	125,900	125,900	125,900	124,600	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Payments For Asset Acquisitions
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net cash used by investing activities
-302,500	-10,400	-98,500	14,600	-112,400	-246,500	-288,700	-557,200	-563,100	-488,200	-401,200	-176,900	-267,400	-251,800	-241,200	-246,900	-197,600	-202,200	-178,200	-180,100	-121,600	-211,100	-273,500	-312,700	-304,100	-176,700	-100,900	-106,000	-107,100	-105,600	-112,000	-109,300	-109,700	-105,200	-97,300	-80,300	-72,700	-70,700	0	0	0
Financing activities:
Borrowings of long-term debt
-	-	-	-	-	368,500	368,500	393,500	393,500	25,300	494,400	547,400	598,400	730,100	261,000	182,200	655,000	577,000	607,000	684,800	243,000	259,000	274,900	197,800	83,100	0	-93,300	-60,800	-13,100	0	12,400	32,000	8,000	-46,600	-130,200	-120,000	-121,000	-66,400	0	0	0
Borrowings / (payments) of capital leases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	400	0	0	0
Net borrowings of short-term debt
-85,200	0	-241,800	-171,000	98,700	-385,400	130,800	187,400	-16,400	382,500	135,900	-2,000	-5,000	-4,900	-1,300	-800	1,800	-2,700	-1,100	-22,600	-23,300	-32,600	-20,100	300	-6,800	9,200	3,400	2,600	12,900	4,200	-400	-4,900	-1,900	10,400	1,700	26,800	20,300	13,900	0	0	0
Purchases of treasury stock
0	30,600	120,500	210,700	299,900	300,000	210,100	119,900	91,000	120,000	182,500	254,400	247,200	250,000	249,900	244,300	254,200	249,200	238,800	277,600	317,000	351,500	394,100	336,900	291,400	243,200	200,000	199,200	193,500	198,300	200,400	230,500	227,500	178,900	0	0	0	-	-	-	-
Taxes withheld and paid on employee stock award vestings
5,700	5,000	5,000	5,200	5,300	5,100	5,000	5,400	5,300	4,900	4,800	4,300	4,400	6,000	6,000	5,900	9,300	5,000	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends to noncontrolling interest holders
5,700	7,400	5,600	5,000	6,800	5,700	7,000	6,600	6,500	7,100	9,200	8,100	7,600	6,700	4,800	7,000	5,800	6,400	6,200	4,600	6,000	5,600	5,400	5,400	5,400	5,600	5,400	5,300	5,400	5,500	5,500	4,700	4,400	4,800	6,100	5,500	6,100	4,300	0	0	0
Proceeds from noncontrolling interest holders
-1,100	2,800	3,900	3,900	3,900	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from exercise of stock options
1,000	1,200	800	700	700	600	5,500	6,200	6,400	9,500	5,200	5,000	6,200	3,900	3,700	4,100	11,700	17,300	19,700	19,700	11,500	15,000	17,400	25,200	44,300	49,700	51,500	50,100	35,400	28,600	23,400	16,100	28,800	36,600	71,700	73,600	56,900	41,800	0	0	0
Net cash (used)/provided by financing activities
-96,700	-39,000	-368,200	-387,300	-708,700	-827,100	-217,000	-69,500	256,000	260,600	168,200	37,800	94,600	220,600	2,700	-71,700	14,200	-54,000	-9,400	9,700	-99,000	-121,400	-131,900	-128,200	-179,700	-193,400	-260,700	-224,200	-175,300	-182,600	-169,800	-192,100	-197,200	-183,500	-188,700	-73,600	-50,200	-15,400	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-23,300	-2,400	-23,600	-14,000	-51,600	-32,200	-10,400	16,200	88,100	85,100	32,700	20,700	-29,400	-26,900	-1,000	-9,100	11,000	-40,600	-43,300	-63,500	-74,200	-43,000	-22,600	2,900	2,300	2,100	-200	1,900	-2,300	2,500	-6,000	-16,300	-8,500	-8,000	-900	47,900	16,400	-7,000	0	0	0
Net (decrease)/increase in cash, cash equivalents and restricted cash
-53,500	388,100	-14,800	57,400	-434,400	-637,300	-20,700	-165,300	237,200	279,000	143,100	221,500	164,300	347,300	166,000	110,600	233,100	103,500	156,100	87,800	61,700	-61,100	200,500	234,400	166,200	297,800	-37,500	16,600	43,300	72,600	80,300	41,500	39,900	35,300	33,300	-271,300	-253,500	-283,100	0	0	0
Cash paid during the period for:
Interest
8,500	9,200	9,400	9,700	15,300	20,000	20,900	28,500	23,300	20,000	19,300	16,300	20,000	16,500	20,100	15,800	13,300	10,100	6,800	3,500	2,800	2,000	1,400	700	300	300	500	800	900	1,100	1,200	1,200	1,200	1,100	1,700	1,900	1,800	1,900	0	0	0
Income taxes
93,000	89,100	91,600	95,800	105,600	109,000	96,000	88,700	66,100	64,100	72,900	63,800	57,100	50,800	38,100	35,100	46,900	49,400	57,900	62,300	51,400	48,400	45,900	40,200	38,900	45,200	36,800	39,800	37,500	30,300	34,600	37,100	52,400	54,100	57,400	54,500	48,100	47,900	0	0	0
Increase in capital expenditures included in accounts payable and other accrued liabilities
-6,900	2,400	5,200	15,100	23,300	13,800	9,800	11,600	700	1,800	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non cash items for the period:
Treasury stock purchase accrual
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	4,600	3,300	11,000	2,500	-100	2,000	3,800	1,700	0	0	0	-	-	-	-
Unrealized Gain (Loss) on Investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-