Packaging Corporation of America
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Packaging Corporation of America generated cash of $1,315,100,000, which is less than the previous year. Cash used in financing activities reached the amount of -$112,000,000 last year. Net change in cash is therefore $328,000,000.
Cash Flow
| 2014 | 736.1M | -451.1M | -351.1M |
|---|---|---|---|
| 2015 | 762.6M | -298.1M | -405.2M |
| 2016 | 801.2M | -769.6M | 23.5M |
| 2017 | 856.1M | -609.1M | -269.4M |
| 2018 | 1.18B | -608.2M | -427.3M |
| 2019 | 1.20B | -546.6M | -342.8M |
| 2020 | 1.03B | -426.1M | -311.6M |
| 2021 | 1.09B | -794.4M | -655.6M |
| 2022 | 1.49B | -833.7M | -960M |
| 2023 | 1.31B | -875.1M | -112M |
PKG Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 320M | 618.7M | 974.6M | 679.5M | 361.5M | 216.9M | 239.3M | 184.2M | 124.9M | 191M |
Operating activities | ||||||||||
Net income | 765.2M | 1.02B | 841.1M | 461M | 696.4M | 738M | 668.6M | 449.6M | 436.8M | 392.6M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 517.7M | 456.8M | 429.2M | 408.5M | 382.8M | 417.1M | 391.4M | 334.8M | 364.3M | 390.8M |
Stock-based compensation expense | 40M | 35.6M | 35.5M | 30M | 30.4M | 23.5M | 20.6M | 19.7M | 18.2M | 15.6M |
| Deferred income tax benefit | 40M | 35.6M | 35.5M | 30M | 30.4M | 23.5M | 20.6M | 19.7M | 18.2M | 15.6M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1.4M | 39.3M | -227.2M | 13.2M | 56.4M | -56.1M | -115.1M | -3.6M | 9.5M | -8.5M |
Inventories | -35.8M | -75.2M | -105.5M | 6.3M | 1.4M | -35.6M | -21M | -25.7M | -11.9M | -72.4M |
Accounts payable | 11.4M | -18.1M | 12.2M | 39.7M | -32.4M | -17.6M | 41M | 16.6M | -37.3M | -36M |
Cash generated by operating activities | 1.31B | 1.49B | 1.09B | 1.03B | 1.20B | 1.18B | 856.1M | 801.2M | 762.6M | 736.1M |
Investing activities | ||||||||||
Purchases Of Investments | -507.2M | -126.1M | -127.4M | -110.1M | -146.1M | 0 | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -469.7M | -824.2M | -605.1M | -421.2M | -399.5M | -551.4M | -343M | -274.3M | -314.5M | -420.2M |
Acquisitions Net | 0 | 2.2M | -194.9M | 4.6M | 4.09M | -56.3M | -273.8M | -485.4M | 23M | -20.5M |
Cash generated by investing activities | -875.1M | -833.7M | -794.4M | -426.1M | -546.6M | -608.2M | -609.1M | -769.6M | -298.1M | -451.1M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 690.2M | 0 | 0 | 0 | 0 | 383M | 0 | 399.2M |
Payments for dividends | -448.9M | -420.3M | -379.8M | -299.6M | -298.7M | -268.1M | -237.6M | -216.1M | -200.8M | -157.4M |
Repurchases of common stock | -41.5M | -538M | -205.9M | -10.5M | -8.2M | -7.9M | -10.8M | -111.5M | -163.4M | -13.2M |
Repayments of term debt | 395.2M | -1.7M | -757.7M | -1.5M | -34.4M | -151.3M | -14.1M | -37.5M | -47.6M | -592.5M |
Cash used in financing activities | -112M | -960M | -655.6M | -311.6M | -342.8M | -427.3M | -269.4M | 23.5M | -405.2M | -351.1M |
Net Change In Cash | 328M | -298.7M | -355.9M | 295.1M | 318M | 144.6M | -22.4M | 55.1M | 59.3M | -66.1M |
Cash at end of period | 648M | 320M | 618.7M | 974.6M | 679.5M | 361.5M | 216.9M | 239.3M | 184.2M | 124.9M |
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