ON SEMICONDUCTOR CORPORATION AND SUBSIDIARIES
CONSOLIDATED STATEMENTS OF OPERATIONS AND
COMPREHENSIVE INCOME
(in millions, except per share data) 2014
Net Cash Debt Used in Investing Activities -$565.6Million
Debt
Incurred from re-purchasing company
stock -$121.8 Million
Issued
$364.4 Million in Debt to pay down Debt? = positive on balance sheet?
Sold
$20.4 million of interest in the company to whom? (LESHAN RADIO COMPANY LTD.,
of China?)
$14.1
Million in Goodwill Assets? (link 2 below)
|
Change in deferred taxes
|
|
|
(18.8)
|
|
Inventories
|
|
|
(59.0)
|
|
Other assets
|
|
|
(14.1)
|
|
Accounts payable
|
|
|
(17.3)
|
|
Accrued expenses
|
|
|
(11.3)
|
|
Deferred income on sales to distributors
|
|
|
24.6)
|
|
Other long-term liabilities
|
|
|
(15.5)
|
|
|
|
|
|
|
Net cash provided by operating activities
|
|
|
481.3
|
|
|
|
|
|
|
Cash flows from investing activities:
|
|
||
|
Purchases of property, plant and equipment
|
|
|
(204.3)
|
|
Purchase of businesses, net of cash acquired
|
|
|
(423.7)
|
|
Cash placed in escrow
|
|
|
(40.0)
|
|
Purchase of cost method investment
|
|
|
(5.8)
|
|
Proceeds from held-to-maturity securities
|
|
|
116.9
|
|
Purchase of held-to-maturity securities
|
|
|
(12.8)
|
|
|
|
|
|
|
Net cash used in investing activities
|
|
|
(565.6)
|
|
|
|
|
|
|
Cash flows from financing activities:
|
|
||
|
Payments of tax withholding for restricted shares
|
|
|
(9.1)
|
|
Repurchase of common stock
|
|
|
(121.8)
|
|
Proceeds from debt issuance
|
|
|
346.4
|
|
Payment of capital lease obligations
|
|
|
(43.8)
|
|
Repayment of long-term debt
|
|
|
(90.6)
|
|
Payments made in connection with debt refinancing
|
|
|
—
|
|
Acquisition of non-controlling interest
|
|
|
(20.4)
|
|
Dividend to non-controlling shareholder of consolidated
subsidiary
|
|
|
(4.2)
|
|
|
|
|
|
|
Net cash provided by (used in) financing activities
|
|
|
91.4
|
|
|
|
|
|
|
Effect of exchange rate changes on cash and cash
equivalents
|
|
|
(4.9)
|
|
|
|
|
|
|
Net increase (decrease) in cash and cash equivalents
|
|
|
2.2
|
|
Cash and cash equivalents, beginning of period
|
|
|
509.5
|
|
|
|
|
|
|
Cash and cash equivalents, end of period
|
|
$
|
511.7
|
|
|
|
|
No comments:
Post a Comment