Investor Presentaiton
EATON CORPORATION plc
CONSOLIDATED STATEMENTS OF CASH FLOWS
(In millions)
Operating activities
Net income
Adjustments to reconcile to net cash provided by operating activities
Depreciation and amortization
Deferred income taxes
Pension and other postretirement benefits expense
Contributions to pension plans
Contributions to other postretirement benefits plans
Gain on sale of businesses
Changes in working capital
Accounts receivable - net
Inventory
Accounts payable
Accrued compensation
Accrued income and other taxes
Other current assets
Other current liabilities
Other - net
Net cash provided by operating activities
Investing activities
Year ended December 31
2022
2021
2020
$
2,465
$
2,146 $
1,415
954
922
811
(128)
(111)
(86)
54
53
210
(116)
(343)
(122)
(24)
(20)
(23)
(24)
(197)
(91)
(743)
(271)
219
(490)
(629)
371
334
832
76
(16)
154
(65)
170
(317)
(95)
(179)
(116)
(67)
236
38
196
40
22
195
2,533
2,163
2,944
Capital expenditures for property, plant and equipment
(598)
(575)
(389)
Cash paid for acquisitions of businesses, net of cash acquired
(610)
(4,500)
(200)
Proceeds from sales of businesses, net of cash sold
31
3,129
1,408
Proceeds from sales of property, plant and equipment
163
44
12
Investments in associate companies
(42)
(124)
(19)
Sales (purchases) of short-term investments - net
(19)
379
(441)
Proceeds from (payments for) settlement of currency exchange contracts not designated as
hedges - net
(47)
(27)
94
94
Other - net
(79)
(90)
(68)
Net cash provided by (used in) investing activities
(1,200)
(1,764)
397
Financing activities
Proceeds from borrowings
Payments on borrowings
Short-term debt, net
Cash dividends paid
Exercise of employee stock options
Repurchase of shares
Employee taxes paid from shares withheld
Other - net
Net cash used in financing activities
Effect of currency on cash
Total increase (decrease) in cash
Cash at the beginning of the period
Cash at the end of the period
The accompanying notes are an integral part of the consolidated financial statements.
27
27
1,995
(2,012)
317
(1,299)
1,798
(1,013)
(249)
20
(254)
(1,219)
(1,175)
28
63
71
(286)
(122)
(1,608)
(60)
(47)
(37)
(23)
(15)
(1,340)
(535)
(3,258)
4
(5)
(15)
(3)
(141)
68
297
438
370
$
294
$
297
$
438View entire presentation