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: 2019 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Dec 31, 2019 10-K (Filed: Mar 2, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Increase (Decrease) in Cash and Cash Equivalents | |||
| Operations | |||
| Net income Linde plc | $ 2,285 | 4,381 | 1,247 |
| Less: income from discontinued operations, net of tax and noncontrolling interests | (102) | (108) | 0 |
| Add: Noncontrolling interests from continuing operations | 89 | 15 | 61 |
| Income From Continuing Operations (Including Noncontrolling Interests) | 2,272 | 4,288 | 1,308 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Cost Reduction Programs and other charges, net of payments | (236) | 40 | 26 |
| Amortization of merger-related inventory step-up | 12 | 368 | 0 |
| Tax Act income tax charge, net | 0 | (61) | 394 |
| Depreciation and amortization | 4,675 | 1,830 | 1,184 |
| Deferred income taxes, excluding Tax Act | (303) | (187) | 136 |
| Share-based compensation | 95 | 62 | 59 |
| Net gain on sale of businesses, net of tax | (108) | (2,923) | 0 |
| Non-cash charges and other | (127) | 175 | 43 |
| Working capital | |||
| Accounts receivable | 80 | (124) | (92) |
| Contract assets and liabilities, net | 87 | ||
| Inventory | (81) | (4) | (22) |
| Prepaid and other current assets | (72) | 43 | (66) |
| Payables and accruals | (174) | 287 | 22 |
| Pension contributions | (94) | (87) | (19) |
| Long-term assets, liabilities and other | 93 | (53) | 68 |
| Net cash provided by operating activities | 6,119 | 3,654 | 3,041 |
| Investing | |||
| Capital expenditures | (3,682) | (1,883) | (1,311) |
| Acquisitions, net of cash acquired | (225) | (25) | (33) |
| Divestitures and asset sales, net of cash divested | 5,096 | 5,908 | 30 |
| Cash acquired in merger transaction | 0 | 1,363 | 0 |
| Net cash used for investing activities | 1,189 | 5,363 | (1,314) |
| Financing | |||
| Short-term debt borrowings (repayments) net | 224 | 208 | (199) |
| Long-term debt borrowings | 99 | 8 | 11 |
| Long-term debt repayments | (1,583) | (3,124) | (583) |
| Issuances of common stock | 72 | 77 | 120 |
| Purchases of common stock | (2,658) | (599) | (12) |
| Cash dividends Praxair, Inc. shareholders | (1,891) | (1,166) | (901) |
| Noncontrolling interest transactions and other | (3,260) | (402) | (92) |
| Net cash used for financing activities | (8,997) | (4,998) | (1,656) |
| Discontinued Operations | |||
| Cash provided by operating activities | 69 | 48 | 0 |
| Cash used for investing activities | (60) | (23) | 0 |
| Cash provided by financing activities | 5 | 2 | 0 |
| Net cash provided by discontinued operations | 14 | 27 | 0 |
| Effect of exchange rate changes on cash and cash equivalents | (77) | (60) | 22 |
| Change in cash and cash equivalents | (1,752) | 3,986 | 93 |
| Cash and cash equivalents, beginning-of-period | 4,466 | 617 | |
| Cash and cash equivalents, including discontinued operations | 2,714 | 4,603 | 617 |
| Cash and cash equivalents of discontinued operations | (14) | (137) | 0 |
| Cash and cash equivalents, end-of-period | 2,700 | 4,466 | 617 |
| Supplemental Data | |||
| Income taxes paid | 1,357 | 757 | 565 |
| Interest paid, net of capitalized interest (Note 9) | 275 | 214 | 184 |
| External Links | |
| LINDE PLC (LIN) Fiscal Year 2019 | |
| 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 |