2In the three months ended December 31, 2018, income tax provision included the tax effects on the PTC adjustments.
ROCKWELL AUTOMATION, INC. CONDENSED BALANCE SHEET INFORMATION (in millions) |
||||||||
|
|
December 31,
|
|
September 30,
|
||||
Assets |
|
|
|
|
||||
Cash and cash equivalents |
|
$ |
926.2 |
|
|
$ |
1,018.4 |
|
Receivables |
|
1,298.1 |
|
|
1,178.7 |
|
||
Inventories |
|
625.3 |
|
|
575.7 |
|
||
Property, net |
|
574.0 |
|
|
571.9 |
|
||
Operating lease right-of-use assets |
|
331.1 |
|
|
— |
|
||
Goodwill and intangibles |
|
1,837.6 |
|
|
1,265.2 |
|
||
Long-term investments |
|
860.7 |
|
|
793.9 |
|
||
Other assets |
|
654.9 |
|
|
709.2 |
|
||
Total |
|
$ |
7,107.9 |
|
|
$ |
6,113.0 |
|
Liabilities and Shareowners’ Equity |
|
|
|
|
||||
Short-term debt |
|
$ |
324.5 |
|
|
$ |
300.5 |
|
Accounts payable |
|
708.3 |
|
|
694.6 |
|
||
| Long-term debt |
|
1,953.0 |
|
|
1,956.4 |
|
||
| Operating lease liabilities |
|
257.8 |
|
|
— |
|
||
| Other liabilities |
|
2,827.8 |
|
|
2,757.3 |
|
||
| Shareowners' equity attributable to Rockwell Automation, Inc. |
|
717.0 |
|
|
404.2 |
|
||
| Noncontrolling Interests |
|
319.5 |
|
|
— |
|
||
| Total |
|
$ |
7,107.9 |
|
|
$ |
6,113.0 |
|
| ROCKWELL AUTOMATION, INC. CONDENSED CASH FLOW INFORMATION (in millions) |
||||||||
|
|
|
Three Months Ended
|
||||||
|
|
|
2019 |
|
2018 |
||||
| Operating activities: |
|
|
|
|
||||
| Net income |
|
$ |
315.4 |
|
|
$ |
80.3 |
|
| Depreciation and amortization |
|
41.9 |
|
|
35.9 |
|
||
| Change in fair value of investments 1 |
|
(71.0 |
) |
|
212.7 |
|
||
| Retirement benefits expense |
|
31.8 |
|
|
17.2 |
|
||
| Pension contributions |
|
(7.1 |
) |
|
(6.1 |
) |
||
| Receivables/inventories/payables |
|
(83.7 |
) |
|
(89.7 |
) |
||
| Contract liabilities |
|
37.3 |
|
|
26.9 |
|
||
| Compensation and benefits |
|
(38.6 |
) |
|
(85.4 |
) |
||
| Income taxes |
|
(17.3 |
) |
|
12.2 |
|
||
| Other |
|
22.4 |
|
|
8.0 |
|
||
| Cash provided by operating activities |
|
231.1 |
|
|
212.0 |
|
||
| Investing activities: |
|
|
|
|
||||
| Capital expenditures |
|
(37.0 |
) |
|
(42.0 |
) |
||
| Acquisition of businesses, net of cash acquired |
|
(238.5 |
) |
|
— |
|
||
| Purchases of investments |
|
(1.0 |
) |
|
(2.8 |
) |
||
| Proceeds from maturities and sales of investments |
|
43.3 |
|
|
185.6 |
|
||
| Proceeds from sale of property |
|
0.2 |
|
|
0.1 |
|
||
| Cash (used for) provided by investing activities |
|
(233.0 |
) |
|
140.9 |
|
||
| Financing activities: |
|
|
|
|
||||
| Net issuance of short-term debt |
|
23.5 |
|
|
80.3 |
|
||
| Cash dividends |
|
(117.9 |
) |
|
(116.9 |
) |
||
| Purchases of treasury stock |
|
(106.0 |
) |
|
(295.1 |
) |
||
| Proceeds from the exercise of stock options |
|
104.8 |
|
|
4.0 |
|
||
| Cash used for financing activities |
|
(95.6 |
) |
|
(327.7 |
) |
||
| Effect of exchange rate changes on cash |
|
5.3 |
|
|
(11.7 |
) |
||
| (Decrease) increase in cash and cash equivalents |
|
$ |
(92.2 |
) |
|
$ |
13.5 |
|
