HP Inc. Reports Fiscal 2020 Second Quarter Results


 


 
HP INC. AND SUBSIDIARIES
CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS
(Unaudited)
(In millions)
 
  Six months ended
  April 30, 2020  April 30, 2019
    
Cash flows from operating activities:   
Net earnings$1,442  $1,585 
Adjustments to reconcile net earnings to net cash provided by operating activities:   
Depreciation and amortization396  349 
Stock-based compensation expense172  173 
Restructuring and other charges372  124 
Deferred taxes on earnings114  118 
Other, net153  113 
Changes in operating assets and liabilities, net of acquisitions:   
Accounts receivable856  (103)
Inventory(645) 362 
Accounts payable(518) (963)
Net investment in leases(85)  
Taxes on earnings(149)  
Restructuring and other(337) (79)
Other assets and liabilities(996) 44 
Net cash provided by operating activities775  1,723 
Cash flows from investing activities:   
Investment in property, plant and equipment(347) (303)
Proceeds from the sale of property, plant and equipment 3      
Purchases of available-for-sale securities and other investments (303 )   (69 )
Maturities and sales of available-for-sale securities and other investments 303     754  
Collateral posted for derivative instruments     (32 )
Collateral returned for derivative instruments     32  
Payment made in connection with business acquisitions, net of cash acquired (36 )   (404 )
Net cash used in investing activities (380 )   (22 )
Cash flows from financing activities:      
Proceeds from (Payment of) short-term borrowings with original maturities less than 90 days, net 613     (856 )
Proceed from short-term borrowings with original maturities greater than 90 days 11      
Proceeds from debt, net of issuance costs 58     64  
Payment of debt (126 )   (538 )
Stock-based award activities (112 )   (76 )
Repurchase of common stock (814 )   (1,411 )
Cash dividends paid (508 )   (494 )
Net cash used in financing activities (878 )   (3,311 )
Decrease in cash and cash equivalents (483 )   (1,610 )
Cash and cash equivalents at beginning of period 4,537     5,166  
Cash and cash equivalents at end of period $ 4,054     $ 3,556  

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14  Next Page »



Review Article Be the first to review this article

Featured Video
Editorial
Latest Blog Posts
Sanjay GangalMCADCafe Lens
by Sanjay Gangal
NVIDIA GTC October 2020 Keynote
Jobs
Director, Industrial Machinery Solutions- SISW PLM for Siemens AG at Livonia, Michigan
Industrial Engineer for Yanfeng Automotive Interiors -YFAI at Louisville-Jefferson, Kentucky
Detailing/ PM Manager for Commercial Metals Company at Dallas, Texas
Advanced Autonomous Vehicle Designer - AV/XD for Ford Motor Company at Palo Alto, California
Design Engineer - Tilt Up and Bracing for Commercial Metals Company at Dallas, Texas
Service Software Expert-CATIA & CAA for Dassault Systemes at Shanghai, China
Upcoming Events
PLM Road Map & PDT Spring 2021 at 3909 Research Park Drive Ann Arbor MI - May 19 - 20, 2021
RAPID + TCT at McCormick Place Chicago IL - Sep 13 - 15, 2021
WESTEC Online at Online CA - Sep 21 - 23, 2021
3D Collaboration & Interoperability Congress at Golden CO - Feb 21 - 24, 2022
Kenesto: 30 day trial



© 2021 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