The Howard Hughes Corporation (NYSE:HHC)

Stock Price: $77.12

-0.72 (-0.92%)

Updated Jun 9, 2023 08:00 PM GMT+0000

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Overview

Financials

Statistics

Profile

Chart

Market Cap	3.86B
Revenue	1.59B
Gross Profit	1.48B
Shares Out	49.99M
EPS (ttm)	3.21
PE Ratio	24.1446
Forward PE	-115.8538
Dividend Rate (ttm)	0.0000
Dividend Yield	0.0000

Trading Day	Jun 9
Last Price	$77.12
Previous Close	$77.84
Change ($)	-0.72
Change (%)	-0.92%
Day's Open	77.86
Day's Range	76.51 - 78.005
Day's Volume	202.52K
52 Week Range	50.9 - 89.58

About The Howard Hughes Corporation

the howard hughes corporation owns, manages and develops commercial, residential and mixed-use real estate throughout the country. our company is comprised of master planned communities, operating properties, development opportunities and other unique assets spanning from new york to hawaii.

we have approximately 1,000 employees, over half of whom are dedicated to the growth and service of our master planned communities. the company's operating properties are primarily retail and include south street seaport (manhattan, ny), various properties in columbia town center (columbia, md), landmark mall (alexandria, va), the outlet collection at riverwalk (new orleans, la), cottonwood square (holladay, ut), park west (peoria, az) and ward centers (honolulu, hi).

currently, several of the operating properties present significant opportunities for redevelopment. the company also has an exciting and diverse pipeline of strategic opportunities for near, mid and long-term development.

these range.

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Quick info

Country

United States

Industry

Other Financial Vehicles

Sector

Finance and Insurance

Employees

565

CEO

Paul Layne

Address

13355 Noel Rd Fl 22
Dallas
Texas
75240-6602

Phone

12147417744

Website

howardhughes.com

Ticker Symbol

HHC

Exchange

New York Stock Exchange

Reporting Currency

USD

The Howard Hughes Corporation income statements (2023) (USD)

	May 2023
Total Revenue	196.29M
Cost of Revenue	22M
Gross Profit	174.29M
Research & Development	0
Selling General & Admin	23.55M
Operating Expense	192.29M
Operating Income	4M
Other Income Expense Net	0
EBIT	4M
Interest Income	34.05M
Pretax Income	-23.91M
Income Tax	-1.28M
Minority Interest	118K
Net Income	-22.75M
Net Income Basic	-22.75M

The Howard Hughes Corporation income statements (2022) (USD)

	August 2022	August 2022	May 2022	February 2022
Total Revenue	276.71M	276.71M	210.23M	1.43B
Cost of Revenue	31.26M	31.26M	24.69M	153.63M
Gross Profit	245.45M	245.45M	185.54M	1.27B
Research & Development	0	0	0	0
Selling General & Admin	15.51M	15.51M	25.89M	92.30M
Operating Expense	221.81M	221.81M	177.02M	1.21B
Operating Income	54.90M	54.90M	33.21M	212.92M
Other Income Expense Net	0	0	0	0
EBIT	54.90M	54.90M	33.21M	203.07M
Interest Income	27.90M	27.90M	27.41M	129.93M
Pretax Income	28.70M	28.70M	2.87M	64.08M
Income Tax	7.26M	7.26M	701K	15.15M
Minority Interest	-132K	-132K	49K	-7.18M
Net Income	21.56M	21.56M	2.12M	56.10M
Net Income Basic	21.56M	21.56M	2.12M	56.10M

The Howard Hughes Corporation income statements (2021) (USD)

	November 2021	August 2021	May 2021	February 2021
Total Revenue	219.19M	212.46M	190.58M	699.49M
Cost of Revenue	23.42M	24.86M	15.65M	101.51M
Gross Profit	195.77M	187.60M	174.93M	597.98M
Research & Development	0	0	0	0
Selling General & Admin	23.05M	22.73M	23.41M	117.57M
Operating Expense	215.69M	187.90M	200.13M	830.38M
Operating Income	3.50M	24.55M	-9.55M	-130.9M
Other Income Expense Net	0	0	0	0
EBIT	3.50M	24.55M	-9.55M	140.20M
Interest Income	31.54M	31.41M	34.17M	129.89M
Pretax Income	8.17M	2.07M	-89.36M	8.48M
Income Tax	6.05M	-1.55M	-21.21M	11.65M
Minority Interest	-1.94M	-1.22M	-1.57M	22.98M
Net Income	4.05M	4.84M	-66.59M	-26.15M
Net Income Basic	4.05M	4.84M	-66.59M	-26.15M

The Howard Hughes Corporation income statements (2020) (USD)

	August 2020	June 2020	March 2020
Total Revenue	156.17M	153.86M	170.57M
Cost of Revenue	25.88M	140.44M	254.68M
Gross Profit	130.30M	13.42M	-84.11M
Research & Development	0	N.A	N.A
Selling General & Admin	24.05M	N.A	N.A
Operating Expense	174.73M	167.19M	295.80M
Operating Income	-18.56M	-13.33M	-125.23M
Other Income Expense Net	0	-27.62M	-33.95M
EBIT	-18.56M	-13.33M	-125.23M
Interest Income	31.99M	28.31M	33.36M
Pretax Income	-40.95M	-40.95M	-159.18M
Income Tax	-6.84M	-6.84M	-34.1M
Minority Interest	-19K	-19K	52K
Net Income	-34.08M	-34.08M	-125.13M
Net Income Basic	-34.08M	-34.08M	-125.13M

The Howard Hughes Corporation income statements (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Total Revenue	283.96M	246.42M	441.87M	354.50M
Cost of Revenue	192.19M	172.49M	372.41M	269.56M
Gross Profit	91.77M	73.93M	69.46M	84.94M
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	266.49M	210.24M	408.23M	300.59M
Operating Income	17.47M	36.17M	33.64M	53.91M
Other Income Expense Net	-13.43M	2.59M	-15.83M	-10.97M
EBIT	17.47M	36.17M	33.64M	53.91M
Interest Income	28.27M	29.03M	24.30M	23.49M
Pretax Income	4.04M	38.76M	17.80M	42.94M
Income Tax	5.04M	8.72M	4.47M	11.02M
Minority Interest	99K	285K	-149K	104K
Net Income	-1.1M	29.76M	13.48M	31.82M
Net Income Basic	-1.1M	29.76M	13.48M	31.82M

The Howard Hughes Corporation income statements (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Total Revenue	467.37M	255M	181.92M	161.90M
Cost of Revenue	354.32M	182.05M	154.13M	128.02M
Gross Profit	113.05M	72.96M	27.79M	33.87M
Research & Development	N.A	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A	N.A
Operating Expense	397.58M	212.19M	189.57M	159.14M
Operating Income	69.79M	42.81M	-7.64M	2.76M
Other Income Expense Net	-22M	-11.48M	-653K	-363K
EBIT	69.79M	42.81M	-7.64M	2.76M
Interest Income	24.38M	22.17M	19.56M	16.83M
Pretax Income	47.79M	31.33M	-8.3M	2.39M
Income Tax	9.86M	7.49M	-2.42M	558K
Minority Interest	663K	482K	-791K	360K
Net Income	37.26M	23.37M	-5.09M	1.47M
Net Income Basic	37.26M	23.37M	-5.09M	1.47M

The Howard Hughes Corporation income statements (2017) (USD)

	December 2017	September 2017	June 2017
Total Revenue	302.72M	258.23M	308.42M
Cost of Revenue	226.54M	205.49M	226.02M
Gross Profit	76.18M	52.74M	82.41M
Research & Development	N.A	N.A	N.A
Selling General & Admin	N.A	N.A	N.A
Operating Expense	259.70M	234.16M	254.42M
Operating Income	60.86M	24.07M	23.12M
Other Income Expense Net	8.82M	-7.71M	-3.7M
EBIT	60.86M	24.07M	23.12M
Interest Income	14.52M	17.17M	14.32M
Pretax Income	69.68M	16.36M	19.42M
Income Tax	-77.65M	5.85M	16.30M
Minority Interest	-1.79M	12K	0
Net Income	149.12M	10.50M	3.12M
Net Income Basic	149.12M	10.50M	3.12M

The Howard Hughes Corporation balance sheet (2023) (USD)

	February 2023
Current Cash	626.65M
Receivables	656.98M
Inventory	23.32M
Current Assets	1.57B
Other Current Assets	266.81M
Short Term Investments	266.81M
Long Term Investments	8.03B
Property/Plant Equipment	7.23B
Good Will	N.A
Intangible Assets	25.17M
Tangible Assets (Net)	3.52B
Other Assets	11.68M
Total Assets	9.60B
Accounts Payable	260.26M
Other Current Liabilities	655.40M
Total Current Liabilities	0.92B
Total Liabilities	6.06B
Long Term Debt	4.75B
Current Long Term Debt	0
Minority Interest	65.61M
Common Stock	49.37M
Treasury Stock	-611.04M
Retained Earnings	168.08M
Capital Surplus	N.A
Shareholder Equity	3.54B
Other Liabilities	N.A

The Howard Hughes Corporation balance sheet (2022) (USD)

	August 2022	August 2022	May 2022	February 2022
Current Cash	572.77M	572.77M	688.04M	843.21M
Receivables	631.20M	631.20M	597.72M	577.70M
Inventory	32.30M	32.30M	46.96M	58.55M
Current Assets	1.48B	1.48B	1.56B	1.72B
Other Current Assets	247.26M	247.26M	229.83M	238.84M
Short Term Investments	247.26M	247.26M	229.83M	238.84M
Long Term Investments	8.02B	8.02B	7.91B	7.86B
Property/Plant Equipment	7.35B	7.35B	7.19B	7.03B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	28.12M	28.12M	28.93M	29.75M
Tangible Assets (Net)	3.37B	3.37B	3.52B	3.68B
Other Assets	9.53M	9.53M	13.20M	0
Total Assets	9.51B	9.51B	9.47B	9.58B
Accounts Payable	292.40M	292.40M	291.68M	284.38M
Other Current Liabilities	695.13M	695.13M	620.81M	698.78M
Total Current Liabilities	0.99B	0.99B	0.91B	0.98B
Total Liabilities	6.11B	6.11B	5.91B	5.87B
Long Term Debt	4.80B	4.80B	4.67B	4.59B
Current Long Term Debt	0	0	0	0
Minority Interest	50.40M	50.40M	514K	23.18M
Common Stock	50.79M	50.79M	52.45M	51.28M
Treasury Stock	-583.95M	-583.95M	-391.66M	-220.07M
Retained Earnings	7.23M	7.23M	-14.33M	-16.46M
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	3.39B	3.39B	3.55B	3.71B
Other Liabilities	N.A	N.A	N.A	N.A

The Howard Hughes Corporation balance sheet (2021) (USD)

	November 2021	August 2021	May 2021	February 2021
Current Cash	1.01B	1.06B	0.98B	1.01B
Receivables	571.63M	500.81M	467.98M	449.94M
Inventory	19.51M	12.58M	24.66M	56.94M
Current Assets	1.84B	1.77B	1.55B	1.75B
Other Current Assets	236.79M	198.28M	82.95M	227.60M
Short Term Investments	236.79M	198.28M	82.95M	227.60M
Long Term Investments	7.68B	7.53B	7.60B	7.39B
Property/Plant Equipment	6.87B	6.91B	6.80B	6.69B
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	30.57M	31.39M	32.21M	32.60M
Tangible Assets (Net)	3.65B	3.64B	3.63B	3.68B
Other Assets	7.05M	19.09M	125.37M	11.78M
Total Assets	9.51B	9.31B	9.15B	9.14B
Accounts Payable	312.77M	296M	276.21M	253.63M
Other Current Liabilities	808.63M	617.99M	544.83M	598.63M
Total Current Liabilities	1.12B	0.91B	821.05M	852.26M
Total Liabilities	5.83B	5.64B	5.49B	5.43B
Long Term Debt	4.42B	4.45B	4.40B	4.29B
Current Long Term Debt	0	0	0	0
Minority Interest	25.39M	27.11M	28.14M	29.53M
Common Stock	55.73M	55.70M	55.68M	55.64M
Treasury Stock	-122.25M	-122.09M	-122.09M	-122.09M
Retained Earnings	-130.26M	-134.31M	-139.15M	-72.56M
Capital Surplus	N.A	N.A	N.A	N.A
Shareholder Equity	3.68B	3.67B	3.66B	3.71B
Other Liabilities	N.A	N.A	N.A	N.A

The Howard Hughes Corporation balance sheet (2020) (USD)

	August 2020	June 2020	March 2020
Current Cash	0.93B	1.19B	1.24B
Receivables	510.24M	N.A	N.A
Inventory	59.32M	59.32M	57.49M
Current Assets	1.57B	N.A	N.A
Other Current Assets	72.52M	N.A	N.A
Short Term Investments	72.52M	N.A	N.A
Long Term Investments	7.67B	119.71M	127.29M
Property/Plant Equipment	7.11B	57.88M	58.35M
Good Will	N.A	N.A	N.A
Intangible Assets	32.94M	85.09M	86.66M
Tangible Assets (Net)	3.52B	3.55B	3.59B
Other Assets	212.05M	287.70M	270.28M
Total Assets	9.24B	9.24B	9.12B
Accounts Payable	0	N.A	N.A
Other Current Liabilities	0.90B	N.A	N.A
Total Current Liabilities	0.90B	N.A	N.A
Total Liabilities	5.69B	5.50B	5.35B
Long Term Debt	4.40B	4.47B	4.37B
Current Long Term Debt	0	N.A	N.A
Minority Interest	184.89M	-19K	52K
Common Stock	3.94B	54.93M	54.94M
Treasury Stock	-120.53M	120.53M	120.53M
Retained Earnings	-205.62M	-205.62M	-171.54M
Capital Surplus	N.A	3.94B	3.94B
Shareholder Equity	3.55B	3.55B	3.59B
Other Liabilities	N.A	N.A	N.A

The Howard Hughes Corporation balance sheet (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Current Cash	620.14M	842.63M	848.60M	587.31M
Receivables	N.A	N.A	N.A	N.A
Inventory	60.73M	60.33M	62.04M	69.11M
Current Assets	N.A	N.A	N.A	N.A
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	121.76M	121.61M	117.82M	106.80M
Property/Plant Equipment	69.40M	84.64M	85.88M	15.13M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	87M	38.38M	39.33M	40.37M
Tangible Assets (Net)	3.04B	3.19B	3.16B	3.16B
Other Assets	216.43M	218.34M	199.49M	271.47M
Total Assets	8.58B	7.95B	7.71B	7.42B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	N.A	N.A	N.A	N.A
Total Current Liabilities	N.A	N.A	N.A	N.A
Total Liabilities	5.25B	4.57B	4.36B	4.11B
Long Term Debt	3.74B	3.70B	3.49B	3.16B
Current Long Term Debt	424.93M	N.A	N.A	84M
Minority Interest	99K	285K	-149K	104K
Common Stock	42.59M	43.23M	43.14M	43.14M
Treasury Stock	120.53M	62.19M	62.19M	62.19M
Retained Earnings	-46.39M	-45.29M	-75.04M	-88.52M
Capital Surplus	3.34B	3.33B	3.33B	3.33B
Shareholder Equity	3.15B	3.19B	3.16B	3.16B
Other Liabilities	N.A	N.A	N.A	N.A

The Howard Hughes Corporation balance sheet (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Current Cash	724.22M	612.55M	736.37M	764.94M
Receivables	N.A	N.A	N.A	N.A
Inventory	198.35M	78.70M	46.78M	N.A
Current Assets	N.A	N.A	N.A	N.A
Other Current Assets	N.A	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A	N.A
Long Term Investments	102.63M	109.01M	106.71M	94.92M
Property/Plant Equipment	15.54M	15.96M	16.38M	16.80M
Good Will	N.A	N.A	N.A	N.A
Intangible Assets	59.83M	61.13M	63.21M	64.33M
Tangible Assets (Net)	3.05B	3.11B	3.08B	3.07B
Other Assets	331.41M	199.68M	163.83M	114.96M
Total Assets	7.51B	7.30B	7.13B	6.74B
Accounts Payable	N.A	N.A	N.A	N.A
Other Current Liabilities	N.A	N.A	N.A	N.A
Total Current Liabilities	N.A	N.A	N.A	N.A
Total Liabilities	4.28B	4.12B	3.98B	3.66B
Long Term Debt	3.09B	3.20B	3.03B	2.66B
Current Long Term Debt	93.36M	57.42M	106.53M	235.76M
Minority Interest	663K	482K	-791K	360K
Common Stock	42.99M	43.03M	43.04M	42.99M
Treasury Stock	62.19M	60.74M	60.74M	60.74M
Retained Earnings	-120.34M	-157.6M	-180.97M	-175.88M
Capital Surplus	3.32B	3.32B	3.31B	3.31B
Shareholder Equity	3.13B	3.11B	3.08B	3.07B
Other Liabilities	N.A	N.A	N.A	N.A

The Howard Hughes Corporation balance sheet (2017) (USD)

	December 2017	September 2017	June 2017
Current Cash	861.06M	601.93M	660.09M
Receivables	N.A	N.A	N.A
Inventory	N.A	N.A	N.A
Current Assets	N.A	N.A	N.A
Other Current Assets	N.A	N.A	N.A
Short Term Investments	N.A	N.A	N.A
Long Term Investments	81.06M	92.40M	81.80M
Property/Plant Equipment	16.96M	17.36M	15.67M
Good Will	N.A	N.A	N.A
Intangible Assets	65.92M	67.10M	69.66M
Tangible Assets (Net)	3.10B	3.03B	2.96B
Other Assets	111.87M	93.78M	89.85M
Total Assets	6.88B	6.72B	6.67B
Accounts Payable	N.A	N.A	N.A
Other Current Liabilities	N.A	N.A	N.A
Total Current Liabilities	N.A	N.A	N.A
Total Liabilities	3.70B	3.69B	3.70B
Long Term Debt	2.78B	2.98B	2.99B
Current Long Term Debt	78.21M	15.22M	15.45M
Minority Interest	-1.79M	12K	0
Common Stock	43.27M	43.21M	43.19M
Treasury Stock	3.48M	1.76M	1.76M
Retained Earnings	-109.51M	-258.63M	-269.13M
Capital Surplus	3.30B	3.30B	3.24B
Shareholder Equity	3.18B	3.03B	2.96B
Other Liabilities	N.A	N.A	N.A

The Howard Hughes Corporation cash flow (2023) (USD)

	May 2023	February 2023
Net Income	-22.75M	52.75M
Depreciation	51.91M	52.68M
Changes in Receivables	694.09M	656.98M
Changes in Inventories	19.05M	23.32M
Cash Change	417.75M	626.65M
Cash Flow	-144.27M	109.75M
Capital Expenditures	-85.41M	-97.42M
Investments	N.A	N.A
Investing Activity (other)	N.A	N.A
Total Investing Cash Flows	-94.1M	-64.87M
Dividends Paid	N.A	N.A
Net Borrowings	4.11B	3.85B
Other Financing Cash Flows	N.A	N.A
Cash Flow Financing	28.60M	127.75M
Exchange Rate Effect	N.A	N.A

The Howard Hughes Corporation cash flow (2022) (USD)

	November 2022	August 2022
Net Income	108.10M	21.56M
Depreciation	49.93M	49.07M
Changes in Receivables	692.39M	631.20M
Changes in Inventories	154.68M	32.30M
Cash Change	354.61M	572.77M
Cash Flow	310.73M	5.53M
Capital Expenditures	-105.69M	-105.02M
Investments	N.A	N.A
Investing Activity (other)	N.A	N.A
Total Investing Cash Flows	-115.37M	-74.31M
Dividends Paid	N.A	N.A
Net Borrowings	4.01B	3.98B
Other Financing Cash Flows	N.A	N.A
Cash Flow Financing	-191.68M	-62.12M
Exchange Rate Effect	N.A	N.A

The Howard Hughes Corporation cash flow (2021) (USD)

	November 2021
Net Income	4.05M
Depreciation	56.22M
Changes in Receivables	571.63M
Changes in Inventories	19.51M
Cash Change	1.01B
Cash Flow	39.54M
Capital Expenditures	-63.59M
Investments	N.A
Investing Activity (other)	N.A
Total Investing Cash Flows	187.78M
Dividends Paid	N.A
Net Borrowings	3.18B
Other Financing Cash Flows	N.A
Cash Flow Financing	-61.49M
Exchange Rate Effect	N.A

The Howard Hughes Corporation cash flow (2020) (USD)

	August 2020	June 2020	March 2020
Net Income	-34.08M	-34.08M	-125.13M
Depreciation	108.54M	46.95M	61.59M
Changes in Receivables	48.36M	N.A	N.A
Changes in Inventories	1.83M	N.A	N.A
Cash Change	-41.1M	-50.43M	618.58M
Cash Flow	-98.64M	-25.46M	-71.95M
Capital Expenditures	-268.27M	-257.58M	-10.69M
Investments	N.A	142.25M	-145.37M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-267.49M	-114.28M	-154.44M
Dividends Paid	N.A	N.A	N.A
Net Borrowings	3.40B	88.24M	249.38M
Other Financing Cash Flows	N.A	1.22M	464K
Cash Flow Financing	0.93B	89.32M	844.97M
Exchange Rate Effect	N.A	N.A	N.A

The Howard Hughes Corporation cash flow (2019) (USD)

	December 2019	September 2019	June 2019	March 2019
Net Income	-1.1M	29.76M	13.48M	31.82M
Depreciation	40.64M	40.29M	37.97M	36.27M
Changes in Receivables	N.A	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	-222.49M	-5.97M	261.29M	-136.91M
Cash Flow	71.66M	-23.06M	219.94M	-59.37M
Capital Expenditures	-759.94M	-191.5M	-174.91M	-175.93M
Investments	58.06M	8.50M	38.62M	40.77M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-698.21M	-181.66M	-134.41M	-135.16M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	457.82M	196.09M	175.36M	56.68M
Other Financing Cash Flows	-162K	-58K	-88K	0.94M
Cash Flow Financing	404.06M	198.75M	175.77M	57.62M
Exchange Rate Effect	N.A	N.A	N.A	N.A

The Howard Hughes Corporation cash flow (2018) (USD)

	December 2018	September 2018	June 2018	March 2018
Net Income	37.26M	23.37M	-5.09M	1.47M
Depreciation	38.80M	32.18M	29.09M	28.19M
Changes in Receivables	N.A	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A	N.A
Cash Change	111.67M	-123.82M	-28.57M	-199.36M
Cash Flow	351M	-28.42M	-24.65M	-85.67M
Capital Expenditures	-580.12M	186.34M	-121.85M	-109.58M
Investments	416.68M	-443.48M	-111.73M	-2.78M
Investing Activity (other)	N.A	N.A	N.A	N.A
Total Investing Cash Flows	-157.64M	-252.61M	-232.99M	-100.63M
Dividends Paid	N.A	N.A	N.A	N.A
Net Borrowings	-85.59M	147.49M	217.68M	38.75M
Other Financing Cash Flows	1M	11.53M	9.11M	-1.48M
Cash Flow Financing	-81.7M	157.21M	229.06M	-13.06M
Exchange Rate Effect	N.A	N.A	N.A	N.A

The Howard Hughes Corporation cash flow (2017) (USD)

	December 2017	September 2017	June 2017
Net Income	149.12M	10.50M	3.12M
Depreciation	35.80M	35.62M	34.46M
Changes in Receivables	N.A	N.A	N.A
Changes in Inventories	N.A	N.A	N.A
Cash Change	-157.61M	-129.45M	71.89M
Cash Flow	29.82M	-101.17M	-86.57M
Capital Expenditures	-371.92M	-4.75M	-6.5M
Investments	251.87M	-81.19M	-89.08M
Investing Activity (other)	N.A	N.A	N.A
Total Investing Cash Flows	-66.61M	-69.97M	-95.01M
Dividends Paid	N.A	-12K	N.A
Net Borrowings	-152.92M	-13.23M	249.05M
Other Financing Cash Flows	27.11M	4.33M	-3.42M
Cash Flow Financing	-120.82M	41.70M	253.47M
Exchange Rate Effect	N.A	N.A	N.A