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: 2023 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending May 31, 2023 10-K (Filed: June 20, 2023) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2023 | May 31, 2022 | May 31, 2021 | |
| Cash flows from operating activities: | |||
| Net income | $ 8,503 | 6,717 | 13,746 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 2,526 | 1,972 | 1,537 |
| Amortization of intangible assets | 3,582 | 1,150 | 1,379 |
| Deferred income taxes | (2,167) | (1,146) | (2,425) |
| Stock-based compensation | 3,547 | 2,613 | 1,837 |
| Other, net | 661 | 220 | (39) |
| Changes in operating assets and liabilities, net of effects from acquisitions: | |||
| (Increase) decrease in trade receivables, net | (151) | (874) | 333 |
| Decrease in prepaid expenses and other assets | 317 | 11 | 622 |
| Decrease in accounts payable and other liabilities | (281) | (733) | (23) |
| Decrease in income taxes payable | (153) | (398) | (1,485) |
| Increase in deferred revenues | 781 | 7 | 405 |
| Net cash provided by operating activities | 17,165 | 9,539 | 15,887 |
| Cash flows from investing activities: | |||
| Purchases of marketable securities and other investments | (1,181) | (10,272) | (37,982) |
| Proceeds from sales and maturities of marketable securities and other investments | 1,113 | 26,151 | 27,060 |
| Acquisitions, net of cash acquired | (27,721) | (148) | (41) |
| Capital expenditures | (8,695) | (4,511) | (2,135) |
| Net cash (used for) provided by investing activities | (36,484) | 11,220 | (13,098) |
| Cash flows from financing activities: | |||
| Payments for repurchases of common stock | (1,300) | (16,248) | (20,934) |
| Proceeds from issuances of common stock | 1,192 | 482 | 1,786 |
| Shares repurchased for tax withholdings upon vesting of restricted stock-based awards | (1,203) | (1,093) | (666) |
| Payments of dividends to stockholders | (3,668) | (3,457) | (3,063) |
| Proceeds from issuances of commercial paper, net of repayments | 500 | 0 | 0 |
| Proceeds from issuances of senior notes and other borrowings, net of issuance costs | 33,494 | 0 | 14,934 |
| Repayments of senior notes and other borrowings | (21,050) | (8,250) | (2,631) |
| Other, net | (55) | (560) | 196 |
| Net cash provided by (used for) financing activities | 7,910 | (29,126) | (10,378) |
| Effect of exchange rate changes on cash and cash equivalents | (209) | (348) | 448 |
| Net decrease in cash and cash equivalents | (11,618) | (8,715) | (7,141) |
| Cash and cash equivalents at beginning of period | 21,383 | 30,098 | |
| Cash and cash equivalents at end of period | 9,765 | 21,383 | 30,098 |
| Non-cash investing and financing activities: | |||
| Fair values of stock awards assumed in connection with acquisitions | 55 | 0 | 0 |
| Supplemental schedule of cash flow data: | |||
| Cash paid for income taxes | 3,009 | 2,567 | 3,189 |
| Cash paid for interest | 3,250 | 2,735 | 2,408 |
| External Links | |
| ORACLE CORP (ORCL) Fiscal Year 2023 | |