10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
SALESFORCE, INC. | |||
Ticker: CRM Fiscal Year: 2018 | |||
Condensed Consolidated Statements of Cash Flows | |||
Period Ending Jan 31, 2019 10-K (Filed: Mar 8, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Jan 31, 2019 | Jan 31, 2018 | Jan 31, 2017 | |
| Operating activities: | |||
| Net income | $ 1,110 | 360 | 323 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 962 | 753 | 632 |
| Amortization of debt discount and issuance costs | 20 | 31 | 31 |
| Amortization of costs capitalized to obtain revenue contracts, net | 737 | 592 | 470 |
| Expenses related to employee stock plans | 1,283 | 997 | 820 |
| Gains on strategic investments, net | (542) | (19) | (31) |
| Changes in assets and liabilities, net of business combinations: | |||
| Accounts receivable, net | (923) | (719) | (633) |
| Costs capitalized to obtain revenue contracts, net | (981) | (1,156) | (693) |
| Prepaid expenses and other current assets and other assets | (58) | 18 | (47) |
| Accounts payable | 74 | (39) | 35 |
| Accrued expenses and other liabilities | 213 | 392 | 69 |
| Unearned revenue | 1,503 | 1,528 | 1,186 |
| Net cash provided by operating activities | 3,398 | 2,738 | 2,162 |
| Investing activities: | |||
| Business combinations, net of cash acquired | (5,115) | (25) | (3,193) |
| Purchases of strategic investments | (362) | (216) | (110) |
| Sales of strategic investments | 260 | 131 | 80 |
| Purchases of marketable securities | (1,068) | (2,003) | (1,070) |
| Sales of marketable securities | 1,426 | 558 | 2,005 |
| Maturities of marketable securities | 146 | 78 | 68 |
| Capital expenditures | (595) | (534) | (464) |
| Net cash used in investing activities | (5,308) | (2,011) | (2,684) |
| Financing activities: | |||
| Proceeds from issuance of debt, net | 2,966 | 0 | 1,245 |
| Proceeds from employee stock plans | 704 | 650 | 401 |
| Principal payments on capital lease obligations | (131) | (106) | (98) |
| Repayments of debt | (1,529) | (323) | (550) |
| Net cash provided by financing activities | 2,010 | 221 | 998 |
| Effect of exchange rate changes | 26 | (12) | (27) |
| Net increase in cash and cash equivalents | 126 | 936 | 449 |
| Cash and cash equivalents, beginning of period | 2,543 | 1,607 | |
| Cash and cash equivalents, end of period | 2,669 | 2,543 | 1,607 |
| Supplemental cash flow disclosure: | |||
| Cash paid during the period for: | |||
| Interest | 94 | 40 | 55 |
| Income taxes, net of tax refunds | 83 | 53 | 36 |
| Non-cash investing and financing activities: | |||
| Fair value of equity awards assumed | 480 | 0 | 103 |
| Fair value of common stock issued as consideration for business combinations | 1,715 | 12 | 1,089 |
| External Links | |
| SALESFORCE, INC. (CRM) Fiscal Year 2018 | |
| 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 |