Free Cash Flow to The Firm (FCFF)
E.I. DuPont de Nemours & Co., FCFF calculation
USD $ in millions
| 12 months ended | Dec 31, 2011 | Dec 31, 2010 | Dec 31, 2009 | Dec 31, 2008 | Dec 31, 2007 | |
|---|---|---|---|---|---|---|
 |
Net income attributable to DuPont | 3,474 | 3,031 | 1,755 | 2,007 | 2,988 |
|
Add: Net income attributable to noncontrolling interests | 36 | 21 | 14 | 3 | 7 |
|
Add: Net noncash charges | 2,211 | 1,407 | 2,173 | 2,049 | 1,451 |
|
Less: (Increase) decrease in operating assets | (1,262) | (993) | 550 | (175) | (481) |
|
Add: Increase (decrease) in operating liabilities | 693 | 1,093 | 249 | (755) | 325 |
|
Cash provided by operating activities | 5,152 | 4,559 | 4,741 | 3,129 | 4,290 |
|
Add: Cash paid during the year for interest, net of amounts capitalized, net of tax | 372 | 512 | 326 | 282 | 421 |
|
Less: Purchases of property, plant and equipment | (1,843) | (1,508) | (1,308) | (1,978) | (1,585) |
|
Free cash flow to the firm (FCFF) | 3,681 | 3,563 | 3,759 | 1,433 | 3,126 |
| Item | Description | The company |
|---|---|---|
| FCFF | Free cash flow to the firm is the cash flow available to the E.I. DuPont de Nemours & Co.'s suppliers of capital after all operating expenses have been paid and necessary investments in working and fixed capital have been made. | E.I. DuPont de Nemours & Co.'s FCFF declined from 2009 to 2010 but then increased from 2010 to 2011 not reaching 2009 level. |