Otis Worldwide Corporation
Otis Worldwide Corporation manufactures, installs, and services elevators and escalators in the United States, China, and internationally. The company operates in two segments, New Equipment and Service. The New Equipment segment designs, manufactures, s…
Industrial - Machinery
US, Farmington [HQ]
Cash Flow Statements
7 Records · Starting from 2017In Million USD. Margins, Growth Rates In %
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Operating Cash Flow (OCF) | 1,450.00 | 1,550.00 | 1,469.00 | 1,480.00 | 1,750.00 | 1,560.00 | 1,627.00 | |
| Operating Cash (Net) | 1,450.00 | 1,550.00 | 1,469.00 | 1,480.00 | 1,750.00 | 1,560.00 | 1,627.00 | |
| Accounts Receivable | -13.00 | -196.00 | -191.00 | -163.00 | -152.00 | -309.00 | -239.00 | |
| Accounts Payable | 158.00 | 124.00 | 27.00 | 20.00 | 130.00 | 272.00 | 152.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | |
| Change | 6.00 | -8.00 | -32.00 | 63.00 | 45.00 | -64.00 | -31.00 | |
| Other WC | -30.00 | 40.00 | 72.00 | 282.00 | 53.00 | 38.00 | 41.00 | |
| Investing Activities | ||||||||
| Used Cash (Net) | -186.00 | -201.00 | -203.00 | -353.00 | -89.00 | -33.00 | -183.00 | |
| Capital Expenditure | -133.00 | -172.00 | -145.00 | -183.00 | -156.00 | -115.00 | -138.00 | |
| Purchases of Investments | - - | 172.00 | -5.00 | -51.00 | 156.00 | -7.00 | -28.00 | |
| Sale/Maturity of Investment | - - | 3.00 | - - | 183.00 | 113.00 | -7.00 | 4.00 | |
| Property, Plant, Equipment (P&PE) | -133.00 | -172.00 | -145.00 | -183.00 | -156.00 | -115.00 | -138.00 | |
| Acquisitions (Net) | -53.00 | -50.00 | -47.00 | -53.00 | -80.00 | 15.00 | -36.00 | |
| Other Investing Activities | - - | -154.00 | -11.00 | -249.00 | -122.00 | 81.00 | 15.00 | |
| Financing Activities | ||||||||
| Used Cash (Net) | -1,404.00 | -1,497.00 | -1,133.00 | -844.00 | -58.00 | -3,652.00 | -1,350.00 | |
| Debt Repayment | -1.00 | -11.00 | -6.00 | -1,000.00 | -1,350.00 | -500.00 | -100.00 | |
| Dividends Paid | - - | - - | - - | -260.00 | -393.00 | -465.00 | -539.00 | |
|
Common Stock
|
- - | - - | - - | - - | -625 | 850 | 800 | |
| Issued | - - | - - | - - | - - | -1,350.00 | - - | - - | |
| Repurchased | - - | - - | - - | - - | -725.00 | -850.00 | -800.00 | |
| Other Financing Activities | -1,404.00 | -1,497.00 | -1,127.00 | 416.00 | 3,876.00 | -1,837.00 | -111.00 | |
| Cash Balances | ||||||||
| Begin of Period | 1,613.00 | 1,571.00 | 1,346.00 | 1,459.00 | 1,801.00 | 3,477.00 | 1,195.00 | |
| End of Period | 1,554.00 | 1,329.00 | 1,446.00 | 1,782.00 | 1,565.00 | 1,189.00 | 1,274.00 | |
| Change | -59.00 | -242.00 | 100.00 | 323.00 | -236.00 | -2,288.00 | 79.00 | |
| Non-Cash Balances | ||||||||
| Depreciation and Amortization | 177.00 | 190.00 | 180.00 | 191.00 | 203.00 | 191.00 | 193.00 | |
| Stock Based Compensation | 29.00 | - - | 37.00 | 63.00 | 65.00 | 67.00 | 64.00 | |
| Other | -43.00 | -7.00 | 25.00 | 158.00 | 109.00 | 13.00 | -36.00 | |
| Highlighted metrics | ||||||||
| Free Cash Flow (FCF) | 1,317.00 | 1,378.00 | 1,324.00 | 1,297.00 | 1,594.00 | 1,445.00 | 1,489.00 | |
| Cash Conversion Cycle (CCC) | - - | 67.00 | 64.00 | 70.00 | 62.00 | 66.00 | 63.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
||||||||
| Forex Effect on Cash | 98.00 | -77.00 | -20.00 | 59.00 | -43.00 | -157.00 | -9.00 |