Stock Analysis on Net

Becton, Dickinson & Co. (NYSE:BDX)

This company has been moved to the archive! The financial data has not been updated since May 5, 2022.

Cash Flow Statement 

The cash flow statement provides information about a company cash receipts and cash payments during an accounting period, showing how these cash flows link the ending cash balance to the beginning balance shown on the company balance sheet.

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.

Becton, Dickinson & Co., consolidated cash flow statement

US$ in millions

Microsoft Excel
12 months ended: Sep 30, 2021 Sep 30, 2020 Sep 30, 2019 Sep 30, 2018 Sep 30, 2017 Sep 30, 2016
Net income 2,092  874  1,233  311  1,100  976 
Depreciation and amortization 2,273  2,154  2,253  1,978  1,088  1,114 
Share-based compensation 237  244  261  322  174  196 
Deferred income taxes (304) (302) (381) (240) (236) (426)
Trade receivables, net (95) (48) (51) (170) (93) (128)
Inventories (104) (125) (149) 246  (46) 69 
Prepaid expenses and other (186) 81  299  (46) (366) 90 
Accounts payable, income taxes and other liabilities 687  205  (470) 867  134  368 
Change in operating assets and liabilities 302  113  (371) 897  (371) 399 
Pension obligation 71  95  (123) (263) 84  (32)
Excess tax benefits from payments under share-based compensation plans 15  52  55  78  77  — 
Lease contract modification-related charge —  —  —  —  748  — 
Gain on sale of Vyaire interest —  —  —  (303) —  — 
Gain on sale of business —  —  (336) —  —  — 
Product liability-related charges 361  378  914  —  —  — 
Other, net (400) (69) (175) 85  (114) 332 
Adjustments to net income to derive net cash provided by operating activities 2,555  2,665  2,097  2,554  1,450  1,583 
Net cash provided by operating activities 4,647  3,539  3,330  2,865  2,550  2,559 
Capital expenditures (1,231) (810) (957) (895) (727) (693)
Acquisitions, net of cash acquired (508) (164) —  (15,281) (174) — 
Proceeds from divestitures, net —  —  477  534  165  158 
Other, net (141) (258) (261) (187) (147) (134)
Net cash used for investing activities (1,880) (1,232) (741) (15,829) (883) (669)
Change in credit facility borrowings —  (485) 485  —  (200) (500)
Proceeds from long-term debt and term loans 4,869  3,389  2,224  5,086  11,462  — 
Payments of debt and term loans (5,112) (4,664) (4,744) (3,996) (3,980) (752)
Proceeds from issuance of equity securities —  2,917  —  —  4,827  — 
Repurchase of common stock (1,750) —  —  —  (220) — 
Excess tax benefit from payments under share-based compensation plans —  —  —  —  —  86 
Dividends paid (1,048) (1,026) (984) (927) (677) (562)
Other, net (265) (109) (204) (221) (235) (33)
Net cash provided by (used for) financing activities (3,306) 22  (3,223) (58) 10,977  (1,761)
Effect of exchange rate changes on cash and equivalents and restricted cash 14  (3) (12) (17) (6) (12)
Net increase (decrease) in cash and equivalents and restricted cash (525) 2,326  (646) (13,039) 12,638  117 
Opening cash and equivalents and restricted cash 2,917  590  1,236  14,179  1,541  1,424 
Closing cash and equivalents and restricted cash 2,392  2,916  590  1,140  14,179  1,541 

Based on: 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30), 10-K (reporting date: 2017-09-30), 10-K (reporting date: 2016-09-30).

Cash flow statement item Description The company
Net cash provided by 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. Becton, Dickinson & Co. net cash provided by operating activities increased from 2019 to 2020 and from 2020 to 2021.
Net cash used for 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. Becton, Dickinson & Co. net cash used for investing activities decreased from 2019 to 2020 and from 2020 to 2021.
Net cash provided by (used for) 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. Becton, Dickinson & Co. net cash provided by (used for) financing activities increased from 2019 to 2020 but then decreased significantly from 2020 to 2021.