Trimble Announces Fourth Quarter and Full Year 2021 Results and Initiates 2022 Guidance

 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In millions)

(Unaudited)



Years


2021


2020

Cash flow from operating activities:




Net income

$              492.8


$              390.6

Adjustments to reconcile net income to net cash provided by operating activities:




Depreciation expense

41.3


39.7

Amortization expense

138.6


157.8

Deferred income taxes

(26.9)


(52.9)

Stock-based compensation

122.6


83.0

Divestitures gain, net

(43.9)


(12.2)

Other, net

19.2


42.4

(Increase) decrease in assets:




Accounts receivable, net

(9.0)


(14.0)

Inventories

(72.9)


(5.0)

Other current and non-current assets

(30.2)


2.5

Increase (decrease) in liabilities:




Accounts payable

60.3


(15.7)

Accrued compensation and benefits

54.1


34.9

Deferred revenue

27.4


65.7

Other current and non-current liabilities

(22.9)


(44.8)

Net cash provided by operating activities

750.5


672.0

Cash flow from investing activities:




Acquisitions of businesses, net of cash acquired

(236.1)


(201.9)

Purchases of property and equipment

(46.1)


(56.8)

Net proceeds from sale of businesses

67.3


27.5

Net proceeds from sale of property and equipment

20.8


0.4

Other, net

(9.4)


(1.0)

Net cash used in investing activities

(203.5)


(231.8)

Cash flow from financing activities:




Issuance of common stock, net of tax withholdings

(15.1)


10.0

Repurchases of common stock

(180.0)


(81.6)

Proceeds from debt and revolving credit lines

198.9


1,173.8

Payments on debt and revolving credit lines

(449.9)


(1,486.0)

Other, net

(1.6)


(16.5)

Net cash used in financing activities

(447.7)


(400.3)

Effect of exchange rate changes on cash and cash equivalents

(11.3)


8.6

Net increase in cash and cash equivalents

88.0


48.5

Cash and cash equivalents - beginning of period

237.7


189.2

Cash and cash equivalents - end of period

$              325.7


$              237.7


« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8  Next Page »
Featured Video
Editorial
Jobs
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Mechanical Engineer 2 for Lam Research at Fremont, California
Equipment Engineer, Raxium for Google at Fremont, California
Mechanical Manufacturing Engineering Manager for Google at Sunnyvale, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Upcoming Events
Celebrate Manufacturing Excellence at Anaheim Convention Center Anaheim CA - Feb 4 - 6, 2025
3DEXPERIENCE World 2025 at George R. Brown Convention Center Houston TX - Feb 23 - 26, 2025
TIMTOS 2025 at Nangang Exhibition Center Hall 1 & 2 (TaiNEX 1 & 2) TWTC Hall Taipei Taiwan - Mar 3 - 8, 2025
Additive Manufacturing Forum 2025 at Estrel Convention Cente Berlin Germany - Mar 17 - 18, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation GISCafe - Geographical Information Services TechJobsCafe - Technical Jobs and Resumes ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise