Automatic Data Processing Inc. (ADP)

Statement of Cash Flows
Quarterly Data

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Automatic Data Processing Inc., Consolidated Statement of Cash Flows (quarterly data)

USD $ in thousands

	3 months ended	Sep 30, 2018		Jun 30, 2018		Mar 31, 2018		Dec 31, 2017		Sep 30, 2017		Jun 30, 2017		Mar 31, 2017		Dec 31, 2016		Sep 30, 2016		Jun 30, 2016		Mar 31, 2016		Dec 31, 2015		Sep 30, 2015		Jun 30, 2015		Mar 31, 2015		Dec 31, 2014		Sep 30, 2014		Jun 30, 2014		Mar 31, 2014		Dec 31, 2013		Sep 30, 2013		Jun 30, 2013		Mar 31, 2013		Dec 31, 2012		Sep 30, 2012
	Net earnings
	Depreciation and amortization
	Amortization of deferred contract costs
	Deferred income taxes
	Stock-based compensation expense
	Excess tax benefit related to exercise of stock options and restricted stock
	Net pension expense
	Net amortization of premiums and accretion of discounts on available-for-sale securities
	Impairment of intangible assets
	Goodwill impairment
	Gain on sale of assets
	Gain on sale of divested businesses, net of tax
	Other
	(Increase) decrease in accounts receivable
	(Increase) decrease in other assets
	Increase (decrease) in accounts payable
	Increase (decrease) in accrued expenses and other liabilities
	Changes in operating assets and liabilities, net of effects from acquisitions and divestitures of businesses
	Proceeds from the sale of notes receivable
	Operating activities of discontinued operations
	Adjustments to reconcile net earnings to cash flows provided by (used in) operating activities
	Net cash flows provided by (used in) operating activities
	Purchases of corporate and client funds marketable securities
	Proceeds from the sales and maturities of corporate and client funds marketable securities
	Net (increase) decrease in restricted cash and cash equivalents held to satisfy client funds obligations
	Capital expenditures
	Additions to intangibles
	Acquisitions of businesses, net of cash acquired
	Proceeds from the sale of property, plant, and equipment and other assets
	Dividend received from CDK Global, Inc.
	Cash retained by CDK Global, Inc.
	Other
	Proceeds from the sale of divested businesses
	Investing activities of discontinued operations
	Net cash flows (used in) provided by investing activities
	Net increase (decrease) in client funds obligations
	Net proceeds from debt issuance
	Payments of debt
	Repurchases of common stock
	Net proceeds from stock purchase plan and stock-based compensation plans
	Excess tax benefit related to exercise of stock options and restricted stock
	Dividends paid
	Net proceeds (repayments) from reverse repurchase agreements
	Net proceeds from issuance (repayments) of commercial paper borrowings
	Other
	Financing activities of discontinued operations
	Net cash flows provided by (used in) financing activities
	Effect of exchange rate changes on cash, cash equivalents, restricted cash, and restricted cash equivalents
	Net change in cash, cash equivalents, restricted cash, and restricted cash equivalents

Item	Description	The company
Net cash flows provided by (used in) operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Automatic Data Processing Inc.’s net cash flows provided by (used in) operating activities declined from Q3 2018 to Q4 2018 and from Q4 2018 to Q1 2019.
Net cash flows (used in) provided by investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Automatic Data Processing Inc.’s net cash flows (used in) provided by investing activities increased from Q3 2018 to Q4 2018 and from Q4 2018 to Q1 2019.
Net cash flows provided by (used in) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Automatic Data Processing Inc.’s net cash flows provided by (used in) financing activities declined from Q3 2018 to Q4 2018 but then increased from Q4 2018 to Q1 2019 not reaching Q3 2018 level.

	Automatic Data Processing Inc.	Other companies (not purchased previously)
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

Automatic Data Processing Inc. (ADP)

Statement of Cash FlowsQuarterly Data

Statement of Cash Flows
Quarterly Data