10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
LINDE PLC | |||
Ticker: LIN Fiscal Year: 2018 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2018 10-K (Filed: Mar 18, 2019) | |||
(In Millions, except shares in actual) | |||
12 Months Ended | 12 Months Ended | 12 Months Ended | |
Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
Increase (Decrease) in Cash and Cash Equivalents | |||
Operations | |||
Net Income Linde plc | $ 4,381 | 1,247 | 1,500 |
Less: income from discontinued operations, net of tax and noncontrolling interests | (108) | 0 | 0 |
Add: Noncontrolling interests from continuing operations | 15 | 61 | 38 |
Income from continuing operations (including noncontrolling interests) | 4,288 | 1,308 | 1,538 |
Adjustments to reconcile net income to net cash provided by operating activities: | |||
Transaction costs and other charges, net of payments | 40 | 26 | 83 |
Amortization of merger-related inventory step-up | 368 | 0 | 0 |
Tax Act income tax charge, net | (61) | 394 | 0 |
Depreciation and amortization | 1,830 | 1,184 | 1,122 |
Deferred income taxes, excluding Tax Act | (187) | 136 | (13) |
Share-based compensation | 62 | 59 | 39 |
Net gain on sale of businesses, net of tax | (2,923) | 0 | 0 |
Non-cash charges and other | 175 | 43 | (43) |
Working capital | |||
Accounts receivable | (124) | (92) | (33) |
Inventory | (4) | (22) | (13) |
Prepaid and other current assets | 43 | (66) | 6 |
Payables and accruals | 287 | 22 | 92 |
Pension contributions | (87) | (19) | (11) |
Long-term assets, liabilities and other | (53) | 68 | 22 |
Net cash provided by operating activities | 3,654 | 3,041 | 2,789 |
Investing | |||
Capital expenditures | (1,883) | (1,311) | (1,465) |
Acquisitions, net of cash acquired | (25) | (33) | (363) |
Divestitures and asset sales, net of cash divested | 5,908 | 30 | 58 |
Cash acquired in merger transaction | 1,363 | 0 | 0 |
Net cash used for investing activities | 5,363 | (1,314) | (1,770) |
Financing | |||
Short-term debt borrowings (repayments) net | 208 | (199) | 191 |
Long-term debt borrowings | 8 | 11 | 936 |
Long-term debt repayments | (3,124) | (583) | (770) |
Issuances of common stock | 77 | 120 | 139 |
Purchases of common stock | (599) | (12) | (228) |
Cash dividends Praxair, Inc. shareholders | (1,166) | (901) | (856) |
Noncontrolling interest transactions and other | (402) | (92) | (71) |
Net cash used for financing activities | (4,998) | (1,656) | (659) |
Discontinued Operations | |||
Cash provided by operating activities | 48 | 0 | 0 |
Cash used for investing activities | (23) | 0 | 0 |
Cash provided by financing activities | 2 | 0 | 0 |
Net cash provided by discontinued operations | 27 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | (60) | 22 | 17 |
Change in cash and cash equivalents | 3,986 | 93 | 377 |
Cash and cash equivalents, beginning-of-period | 617 | 524 | |
Cash and cash equivalents, including discontinued operations | 4,603 | 617 | 524 |
Cash and cash equivalents of discontinued operations | (137) | 0 | 0 |
Cash and cash equivalents, end-of-period | 4,466 | 617 | 524 |
Supplemental Data | |||
Income taxes paid | 757 | 565 | 585 |
Interest paid, net of capitalized interest (Note 9) | 214 | 184 | 189 |
External Links | |
LINDE PLC (LIN) Fiscal Year 2018 | |
Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |