Kennametal Inc
NYSE:KMT
Cash Flow Statement
Cash Flow Statement
Kennametal Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Income |
179
|
177
|
162
|
164
|
(248)
|
(346)
|
(371)
|
(417)
|
(198)
|
(136)
|
(224)
|
(239)
|
(63)
|
(40)
|
52
|
113
|
147
|
161
|
205
|
224
|
238
|
255
|
248
|
197
|
134
|
67
|
(5)
|
(33)
|
(7)
|
14
|
58
|
117
|
130
|
143
|
150
|
142
|
132
|
128
|
123
|
124
|
125
|
|
Depreciation & Amortization |
117
|
123
|
130
|
137
|
138
|
135
|
132
|
129
|
127
|
122
|
118
|
114
|
110
|
109
|
108
|
107
|
107
|
108
|
109
|
110
|
110
|
111
|
112
|
115
|
118
|
119
|
120
|
120
|
121
|
124
|
127
|
128
|
129
|
131
|
132
|
132
|
134
|
135
|
134
|
135
|
133
|
|
Change in Deffered Taxes |
11
|
(1)
|
23
|
23
|
(4)
|
(40)
|
(49)
|
(36)
|
(114)
|
(82)
|
8
|
(6)
|
88
|
95
|
6
|
6
|
12
|
12
|
23
|
22
|
17
|
18
|
3
|
3
|
(13)
|
(23)
|
(24)
|
(25)
|
(11)
|
(15)
|
(21)
|
(21)
|
(21)
|
(6)
|
11
|
11
|
9
|
8
|
(9)
|
(9)
|
(14)
|
|
Stock-Based Compensation |
19
|
18
|
18
|
19
|
19
|
17
|
17
|
14
|
14
|
17
|
18
|
20
|
21
|
21
|
21
|
19
|
20
|
20
|
21
|
23
|
22
|
23
|
23
|
23
|
23
|
18
|
16
|
15
|
15
|
21
|
25
|
25
|
25
|
23
|
21
|
22
|
22
|
22
|
25
|
25
|
25
|
|
Other Non-Cash Items |
23
|
23
|
23
|
30
|
415
|
568
|
567
|
569
|
416
|
264
|
262
|
252
|
18
|
20
|
23
|
26
|
30
|
31
|
25
|
23
|
22
|
25
|
25
|
27
|
49
|
59
|
59
|
58
|
40
|
38
|
46
|
44
|
37
|
26
|
17
|
16
|
22
|
22
|
36
|
47
|
52
|
|
Cash Taxes Paid |
31
|
36
|
49
|
53
|
49
|
52
|
40
|
49
|
41
|
43
|
44
|
29
|
28
|
25
|
17
|
21
|
23
|
21
|
36
|
37
|
49
|
50
|
52
|
51
|
48
|
45
|
37
|
37
|
29
|
34
|
49
|
47
|
49
|
45
|
36
|
38
|
37
|
39
|
44
|
47
|
51
|
|
Cash Interest Paid |
27
|
28
|
30
|
32
|
32
|
32
|
31
|
29
|
28
|
27
|
26
|
26
|
27
|
27
|
28
|
28
|
28
|
28
|
28
|
31
|
31
|
30
|
30
|
27
|
28
|
28
|
26
|
31
|
31
|
42
|
44
|
37
|
37
|
25
|
25
|
25
|
26
|
28
|
28
|
28
|
28
|
|
Change in Working Capital |
(16)
|
(36)
|
(67)
|
(84)
|
22
|
22
|
72
|
103
|
89
|
110
|
56
|
83
|
10
|
(28)
|
7
|
(123)
|
(112)
|
(44)
|
(85)
|
(53)
|
(90)
|
(132)
|
(88)
|
(24)
|
38
|
68
|
74
|
86
|
61
|
56
|
26
|
(27)
|
(48)
|
(104)
|
(129)
|
(146)
|
(121)
|
(79)
|
(26)
|
(3)
|
(2)
|
|
Cash from Operating Activities |
315
N/A
|
287
-9%
|
272
-5%
|
270
-1%
|
323
+19%
|
338
+5%
|
351
+4%
|
348
-1%
|
321
-8%
|
277
-14%
|
219
-21%
|
204
-7%
|
164
-20%
|
157
-4%
|
195
+25%
|
129
-34%
|
185
+43%
|
267
+45%
|
277
+4%
|
326
+18%
|
298
-9%
|
277
-7%
|
301
+9%
|
319
+6%
|
326
+2%
|
289
-11%
|
224
-23%
|
206
-8%
|
204
-1%
|
217
+6%
|
236
+9%
|
242
+3%
|
226
-7%
|
190
-16%
|
181
-4%
|
155
-15%
|
176
+14%
|
215
+22%
|
258
+20%
|
294
+14%
|
294
0%
|
|
Investing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Capital Expenditures |
(97)
|
(115)
|
(117)
|
(123)
|
(123)
|
(109)
|
(101)
|
(107)
|
(107)
|
(107)
|
(111)
|
(116)
|
(120)
|
(122)
|
(118)
|
(98)
|
(107)
|
(130)
|
(171)
|
(192)
|
(200)
|
(211)
|
(212)
|
(242)
|
(272)
|
(273)
|
(244)
|
(211)
|
(165)
|
(132)
|
(127)
|
(106)
|
(96)
|
(93)
|
(97)
|
(109)
|
(110)
|
(108)
|
(94)
|
(97)
|
(101)
|
|
Other Items |
(633)
|
(633)
|
(623)
|
(605)
|
12
|
12
|
16
|
18
|
82
|
82
|
63
|
62
|
0
|
(0)
|
5
|
4
|
3
|
4
|
14
|
15
|
16
|
15
|
11
|
11
|
32
|
34
|
26
|
26
|
3
|
1
|
4
|
4
|
5
|
5
|
2
|
2
|
3
|
5
|
5
|
8
|
4
|
|
Cash from Investing Activities |
(730)
N/A
|
(748)
-2%
|
(740)
+1%
|
(728)
+2%
|
(111)
+85%
|
(97)
+13%
|
(85)
+13%
|
(90)
-6%
|
(26)
+71%
|
(25)
+5%
|
(48)
-96%
|
(54)
-12%
|
(120)
-124%
|
(122)
-2%
|
(113)
+7%
|
(94)
+17%
|
(104)
-11%
|
(126)
-21%
|
(157)
-25%
|
(177)
-13%
|
(184)
-4%
|
(197)
-7%
|
(202)
-3%
|
(231)
-15%
|
(240)
-4%
|
(239)
+0%
|
(218)
+9%
|
(185)
+15%
|
(162)
+13%
|
(131)
+19%
|
(123)
+6%
|
(101)
+18%
|
(92)
+10%
|
(89)
+3%
|
(95)
-7%
|
(107)
-13%
|
(107)
0%
|
(103)
+4%
|
(89)
+13%
|
(89)
+1%
|
(98)
-10%
|
|
Financing Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Net Issuance of Common Stock |
(53)
|
(57)
|
(14)
|
(10)
|
(10)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(13)
|
(36)
|
(51)
|
(86)
|
(92)
|
(80)
|
(73)
|
(49)
|
(44)
|
(48)
|
|
Net Issuance of Debt |
438
|
383
|
313
|
324
|
(163)
|
(202)
|
(283)
|
(252)
|
(247)
|
(202)
|
(51)
|
(51)
|
(6)
|
(3)
|
(1)
|
(0)
|
(1)
|
(0)
|
296
|
(104)
|
(102)
|
(105)
|
(401)
|
2
|
(1)
|
4
|
500
|
37
|
26
|
(5)
|
(511)
|
(59)
|
(35)
|
10
|
13
|
85
|
67
|
36
|
(20)
|
(54)
|
(55)
|
|
Cash Paid for Dividends |
(54)
|
(55)
|
(56)
|
(57)
|
(57)
|
(57)
|
(57)
|
(59)
|
(60)
|
(62)
|
(64)
|
(64)
|
(64)
|
(64)
|
(64)
|
(64)
|
(65)
|
(65)
|
(65)
|
(65)
|
(65)
|
(66)
|
(66)
|
(66)
|
(66)
|
(66)
|
(66)
|
(66)
|
(67)
|
(67)
|
(67)
|
(67)
|
(67)
|
(67)
|
(67)
|
(66)
|
(66)
|
(65)
|
(65)
|
(64)
|
(64)
|
|
Other |
30
|
25
|
28
|
21
|
13
|
14
|
7
|
6
|
5
|
1
|
4
|
(9)
|
(2)
|
0
|
12
|
20
|
35
|
34
|
16
|
18
|
(0)
|
(7)
|
(5)
|
(9)
|
(10)
|
(7)
|
(8)
|
(8)
|
(7)
|
6
|
4
|
4
|
2
|
(9)
|
(12)
|
(11)
|
(11)
|
(11)
|
(9)
|
(11)
|
(11)
|
|
Cash from Financing Activities |
361
N/A
|
296
-18%
|
270
-9%
|
279
+3%
|
(217)
N/A
|
(245)
-13%
|
(333)
-36%
|
(305)
+8%
|
(303)
+1%
|
(263)
+13%
|
(111)
+58%
|
(123)
-12%
|
(72)
+42%
|
(66)
+8%
|
(53)
+20%
|
(45)
+15%
|
(31)
+32%
|
(31)
-1%
|
247
N/A
|
(152)
N/A
|
(168)
-11%
|
(178)
-6%
|
(471)
-165%
|
(73)
+85%
|
(77)
-7%
|
(69)
+11%
|
426
N/A
|
(38)
N/A
|
(48)
-26%
|
(66)
-38%
|
(574)
-770%
|
(135)
+77%
|
(135)
N/A
|
(117)
+14%
|
(151)
-29%
|
(84)
+44%
|
(89)
-7%
|
(113)
-26%
|
(143)
-27%
|
(172)
-20%
|
(178)
-4%
|
|
Change in Cash | ||||||||||||||||||||||||||||||||||||||||||
Effect of Foreign Exchange Rates |
1
|
5
|
(2)
|
2
|
(12)
|
(12)
|
(6)
|
(12)
|
0
|
1
|
(5)
|
(5)
|
(9)
|
(4)
|
(0)
|
1
|
8
|
10
|
(2)
|
(6)
|
(9)
|
(12)
|
(2)
|
(4)
|
0
|
(8)
|
(6)
|
2
|
4
|
9
|
9
|
3
|
(1)
|
1
|
(4)
|
(7)
|
(5)
|
(5)
|
(5)
|
(3)
|
(4)
|
|
Net Change in Cash |
(53)
N/A
|
(160)
-201%
|
(199)
-24%
|
(177)
+11%
|
(17)
+90%
|
(16)
+9%
|
(73)
-365%
|
(59)
+18%
|
(8)
+87%
|
(10)
-29%
|
56
N/A
|
22
-60%
|
(37)
N/A
|
(36)
+3%
|
29
N/A
|
(9)
N/A
|
58
N/A
|
121
+108%
|
366
+202%
|
(9)
N/A
|
(64)
-633%
|
(109)
-71%
|
(374)
-243%
|
11
N/A
|
9
-21%
|
(27)
N/A
|
425
N/A
|
(15)
N/A
|
(2)
+88%
|
29
N/A
|
(453)
N/A
|
9
N/A
|
(1)
N/A
|
(14)
-921%
|
(68)
-378%
|
(43)
+38%
|
(25)
+41%
|
(6)
+75%
|
20
N/A
|
30
+49%
|
14
-54%
|
|
Free Cash Flow | ||||||||||||||||||||||||||||||||||||||||||
Free Cash Flow |
217
N/A
|
172
-21%
|
155
-10%
|
147
-5%
|
199
+36%
|
229
+15%
|
251
+9%
|
240
-4%
|
213
-11%
|
171
-20%
|
109
-36%
|
88
-19%
|
43
-51%
|
35
-19%
|
77
+120%
|
31
-60%
|
78
+151%
|
138
+77%
|
106
-23%
|
134
+26%
|
98
-27%
|
66
-33%
|
88
+34%
|
77
-12%
|
54
-30%
|
17
-69%
|
(21)
N/A
|
(5)
+75%
|
39
N/A
|
85
+119%
|
108
+28%
|
136
+26%
|
130
-5%
|
96
-26%
|
85
-12%
|
46
-45%
|
66
+43%
|
107
+61%
|
164
+53%
|
198
+21%
|
192
-3%
|