| Dec'19 | 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), Including Portion Attributable to Noncontrolling Interest | |||||||||||
1,198,000 | -159,000 | 337,000 | 928,000 | 822,000 | 692,000 | 849,000 | 425,000 | 408,000 | 650,000 | 354,000 | 447,000 |
Adjustments to reconcile net earnings to cash provided by (used in) operating activities: | |||||||||||
Depreciation and amortization | |||||||||||
587,000 | 645,000 | 654,000 | 655,000 | 668,000 | 560,000 | 540,000 | 551,000 | 558,000 | 555,000 | 525,000 | 597,000 |
Impairment of goodwill and other intangibles | |||||||||||
0 | 747,000 | 0 | 0 | - | - | - | - | - | - | - | - |
(Gain) loss on sale and disposal of businesses | |||||||||||
437,000 | 0 | 0 | - | - | - | - | - | - | - | - | - |
Curtailment gain | |||||||||||
- | - | - | - | 63,000 | 0 | 0 | 52,000 | 35,000 | 62,000 | 92,000 | - |
Increase (decrease) in LIFO inventory reserve | |||||||||||
- | - | - | - | - | - | - | -13,000 | 54,000 | 4,000 | -41,000 | 42,000 |
Brazilian collection dispute | |||||||||||
- | - | - | - | - | - | - | -275,000 | 144,000 | 63,000 | 46,000 | - |
Loss (gain) on disposition of assets | |||||||||||
- | - | - | - | - | - | - | - | - | - | - | 60,000 |
Changes in assets and liabilities: | |||||||||||
Changes in assets and liabilities: | |||||||||||
Accounts receivable | |||||||||||
87,000 | -79,000 | -160,000 | 291,000 | 89,000 | 90,000 | 65,000 | -47,000 | 15,000 | -187,000 | 286,000 | -300,000 |
Inventories | |||||||||||
39,000 | -73,000 | 229,000 | 18,000 | 141,000 | -49,000 | 112,000 | 7,000 | -283,000 | 595,000 | -578,000 | 174,000 |
Accounts payable | |||||||||||
140,000 | 210,000 | 180,000 | 37,000 | 14,000 | 359,000 | 275,000 | 240,000 | 25,000 | 341,000 | 326,000 | -250,000 |
Accrued advertising and promotions | |||||||||||
118,000 | 12,000 | 76,000 | 46,000 | 74,000 | 121,000 | 28,000 | -13,000 | 14,000 | -47,000 | 21,000 | - |
Accrued expenses and current liabilities | |||||||||||
22,000 | 162,000 | -230,000 | 46,000 | -43,000 | -232,000 | 82,000 | 0 | - | - | - | - |
Product recall | |||||||||||
- | - | - | - | - | - | - | - | -15,000 | 13,000 | -37,000 | - |
Taxes deferred and payable, net | |||||||||||
-116,000 | -67,000 | 239,000 | -116,000 | -42,000 | 49,000 | -105,000 | -68,000 | -573,000 | -94,000 | -112,000 | -256,000 |
Accrued pension and postretirement benefits | |||||||||||
-81,000 | -434,000 | -58,000 | -43,000 | -129,000 | -181,000 | -184,000 | -227,000 | -349,000 | -111,000 | -84,000 | -123,000 |
Employee compensation | |||||||||||
106,000 | 44,000 | 36,000 | -38,000 | 8,000 | -17,000 | -23,000 | 249,000 | -59,000 | -6,000 | 213,000 | -84,000 |
Other | |||||||||||
181,000 | 83,000 | -99,000 | 3,000 | -146,000 | -169,000 | 23,000 | 161,000 | -90,000 | -180,000 | 139,000 | 112,000 |
Cash provided by (used in) operating activities | |||||||||||
1,230,000 | 1,229,000 | 1,264,000 | 1,203,000 | 1,225,000 | 1,479,000 | 1,262,000 | 696,000 | 530,000 | 1,078,000 | 1,550,000 | 327,000 |
Investing activities | |||||||||||
Payments to Acquire Property, Plant, and Equipment | |||||||||||
532,000 | 590,000 | 684,000 | 660,000 | 689,000 | 720,000 | 578,000 | 476,000 | 608,000 | 593,000 | 541,000 | 547,000 |
Proceeds from sale of assets and business | |||||||||||
1,174,000 | 160,000 | 61,000 | 63,000 | 37,000 | 21,000 | 6,000 | 10,000 | 23,000 | 17,000 | 77,000 | 119,000 |
Change in restricted cash | |||||||||||
- | - | - | - | -47,000 | -74,000 | 0 | 0 | - | - | - | - |
Purchase of held-to-maturity securities | |||||||||||
0 | 0 | 173,000 | 0 | 0 | - | - | - | - | - | - | - |
Proceeds from held-to-maturity securities | |||||||||||
0 | 60,000 | 113,000 | 0 | 0 | - | - | - | - | - | - | - |
Acquisition of Indesit Company S.p.A. | |||||||||||
- | - | - | - | - | 1,356,000 | 0 | 0 | - | - | - | - |
Acquisition of Hefei Rongshida Sanyo Electric Co., Ltd. | |||||||||||
- | - | - | - | - | 453,000 | 0 | 0 | - | - | - | - |
Investment in related businesses | |||||||||||
0 | 25,000 | 35,000 | 12,000 | 70,000 | 16,000 | 6,000 | 28,000 | 7,000 | 18,000 | 35,000 | 5,000 |
Proceeds from sale of brand | |||||||||||
- | - | - | - | - | - | - | - | - | 15,000 | 0 | - |
Acquisition of brand | |||||||||||
- | - | - | - | - | - | - | - | - | 27,000 | 0 | - |
Other | |||||||||||
6,000 | 4,000 | 3,000 | 3,000 | 6,000 | 6,000 | 4,000 | 0 | 4,000 | 0 | 0 | - |
Cash provided by (used in) investing activities | |||||||||||
636,000 | -399,000 | -721,000 | -612,000 | -681,000 | -2,456,000 | -582,000 | -494,000 | -596,000 | -606,000 | -499,000 | -433,000 |
Financing activities | |||||||||||
Net proceeds from borrowings of long-term debt | |||||||||||
700,000 | 705,000 | 691,000 | 1,012,000 | 531,000 | 1,483,000 | 518,000 | 322,000 | 300,000 | 2,000 | 872,000 | 545,000 |
Repayments of Long-term Debt | |||||||||||
949,000 | 386,000 | 564,000 | 522,000 | 283,000 | 606,000 | 513,000 | 361,000 | 313,000 | 379,000 | 210,000 | 131,000 |
Net proceeds (repayments) from short-term borrowings | |||||||||||
-723,000 | 653,000 | 367,000 | 55,000 | -465,000 | 63,000 | 5,000 | 6,000 | -2,000 | -20,000 | 362,000 | 101,000 |
Dividends paid | |||||||||||
305,000 | 306,000 | 312,000 | 294,000 | 269,000 | 224,000 | 187,000 | 155,000 | 148,000 | 132,000 | 128,000 | 128,000 |
Repurchase of common stock | |||||||||||
148,000 | 1,153,000 | 750,000 | 525,000 | 250,000 | 25,000 | 350,000 | 0 | 0 | - | - | 247,000 |
Purchase of noncontrolling interest shares | |||||||||||
0 | -41,000 | -5,000 | -25,000 | 0 | -5,000 | 0 | 0 | - | 12,000 | 0 | - |
Common stock issued | |||||||||||
8,000 | 17,000 | 34,000 | 26,000 | 38,000 | 38,000 | 95,000 | 43,000 | 14,000 | 72,000 | 21,000 | 21,000 |
Other | |||||||||||
-7,000 | -7,000 | -14,000 | -5,000 | -9,000 | -19,000 | -2,000 | -3,000 | -17,000 | -26,000 | -49,000 | -20,000 |
Cash provided by (used in) financing activities | |||||||||||
-1,424,000 | -518,000 | -553,000 | -278,000 | -707,000 | 705,000 | -434,000 | -148,000 | -166,000 | -495,000 | 144,000 | 141,000 |
Effect of exchange rate changes on cash, cash equivalents and restricted cash | |||||||||||
-28,000 | -67,000 | 63,000 | -36,000 | -91,000 | -82,000 | -34,000 | 5,000 | -27,000 | 11,000 | 39,000 | -90,000 |
Increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||
414,000 | 245,000 | 53,000 | 277,000 | -254,000 | -354,000 | 212,000 | 59,000 | -259,000 | -12,000 | 1,234,000 | -55,000 |
Supplemental disclosure of cash flow information | |||||||||||
Cash paid for interest | |||||||||||
194,000 | 183,000 | 181,000 | 198,000 | 178,000 | 172,000 | 179,000 | 197,000 | 208,000 | 218,000 | 209,000 | 200,000 |
Cash paid for income taxes | |||||||||||
469,000 | 206,000 | 311,000 | 300,000 | 251,000 | 140,000 | 158,000 | 177,000 | 136,000 | 31,000 | 51,000 | 76,000 |