10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ORACLE CORP | |||
Ticker: ORCL Fiscal Year: 2013 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending May 31, 2013 10-K (Filed: June 26, 2013) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2013 | May 31, 2012 | May 31, 2011 | |
| Cash Flows From Operating Activities: | |||
| Net income | $ 10,925 | 9,981 | 8,547 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 546 | 486 | 368 |
| Amortization of intangible assets | 2,385 | 2,430 | 2,428 |
| Allowances for doubtful accounts receivable | 118 | 92 | 164 |
| Deferred income taxes | (117) | 9 | (253) |
| Stock-based compensation | 755 | 659 | 510 |
| Tax benefits on the exercise of stock options and vesting of restricted stock-based awards | 410 | 182 | 325 |
| Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards | (241) | (97) | (215) |
| Other, net | 155 | 84 | 68 |
| Changes in operating assets and liabilities, net of effects from acquisitions: | |||
| Decrease (increase) in trade receivables | 267 | (8) | (729) |
| (Increase) decrease in inventories | (66) | 150 | (28) |
| (Increase) decrease in prepaid expenses and other assets | (555) | (51) | 14 |
| Decrease in accounts payable and other liabilities | (541) | (720) | (120) |
| Increase (decrease) in income taxes payable | 35 | 54 | (96) |
| Increase in deferred revenues | 148 | 492 | 231 |
| Net cash provided by operating activities | 14,224 | 13,743 | 11,214 |
| Cash Flows From Investing Activities: | |||
| Purchases of marketable securities and other investments | (32,160) | (38,625) | (31,009) |
| Proceeds from maturities and sales of marketable securities and other investments | 30,159 | 35,594 | 27,120 |
| Acquisitions, net of cash acquired | (3,305) | (4,702) | (1,847) |
| Capital expenditures | (650) | (648) | (450) |
| Proceeds from sale of property | 105 | ||
| Net cash used for investing activities | (5,956) | (8,381) | (6,081) |
| Cash Flows From Financing Activities: | |||
| Payments for repurchases of common stock | (11,021) | (5,856) | (1,160) |
| Proceeds from issuances of common stock | 1,527 | 733 | 1,376 |
| Payments of dividends to stockholders | (1,433) | (1,205) | (1,061) |
| Proceeds from borrowings, net of issuance costs | 4,974 | 1,700 | 4,354 |
| Repayments of borrowings | (2,950) | (1,405) | (3,143) |
| Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards | 241 | 97 | 215 |
| Distributions to noncontrolling interests | (31) | (163) | (65) |
| Other, net | 193 | ||
| Net cash (used for) provided by financing activities | (8,500) | (6,099) | 516 |
| Effect of exchange rate changes on cash and cash equivalents | (110) | (471) | 600 |
| Net (decrease) increase in cash and cash equivalents | (342) | (1,208) | 6,249 |
| Cash and cash equivalents at beginning of period | 14,955 | 16,163 | |
| Cash and cash equivalents at end of period | 14,613 | 14,955 | 16,163 |
| Non-cash investing and financing transactions: | |||
| Fair value of stock options and restricted stock-based awards assumed in connection with acquisitions | 15 | 29 | 17 |
| Fair value of contingent consideration payable in connection with acquisition | 346 | ||
| (Decrease) increase in unsettled repurchases of common stock | (27) | 112 | 12 |
| Supplemental schedule of cash flow data: | |||
| Cash paid for income taxes | 2,644 | 2,731 | 2,931 |
| Cash paid for interest | 781 | 737 | 770 |
| External Links | |
| ORACLE CORP (ORCL) Fiscal Year 2013 | |
| Statements of 10-K in Excel | https://www.sec.gov/.../Financial.xlxs |
| Complete 10-K in HTML | https://www.sec.gov/.../10-K.html |
| Complete 10-K in XBRL | https://www.sec.gov/.../10-K-xbrl.zip |