10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
META PLATFORMS, INC. | |||
Ticker: META Fiscal Year: 2014 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2014 10-K (Filed: Jan 29, 2015) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2014 | Dec 31, 2013 | Dec 31, 2012 | |
| Cash flows from operating activities | |||
| Net income | $ 2,940 | 1,500 | 53 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,243 | 1,011 | 649 |
| Lease abandonment | (31) | 117 | 8 |
| Share-based compensation | 1,786 | 906 | 1,572 |
| Deferred income taxes | (210) | (37) | (186) |
| Tax benefit from share-based award activity | 1,853 | 602 | 1,033 |
| Excess tax benefit from share-based award activity | (1,869) | (609) | (1,033) |
| Other | 7 | 56 | 15 |
| Changes in assets and liabilities: | |||
| Accounts receivable | (610) | (378) | (170) |
| Prepaid expenses and other current assets | (123) | 355 | (465) |
| Other assets | (216) | (142) | 2 |
| Accounts payable | 31 | 26 | 1 |
| Partners payable | (28) | 12 | (2) |
| Accrued expenses and other current liabilities | 328 | (38) | 152 |
| Deferred revenue and deposits | 10 | 8 | (60) |
| Other liabilities | 346 | 833 | 43 |
| Net cash provided by operating activities | 5,457 | 4,222 | 1,612 |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (1,831) | (1,362) | (1,235) |
| Purchases of marketable securities | (9,104) | (7,433) | (10,307) |
| Sales of marketable securities | 8,438 | 2,988 | 2,100 |
| Maturities of marketable securities | 1,909 | 3,563 | 3,333 |
| Acquisitions of businesses, net of cash acquired, and purchases of intangible assets | (4,975) | (368) | (911) |
| Change in restricted cash and deposits | (348) | (11) | (2) |
| Other investing activities, net | (2) | (1) | (2) |
| Net cash used in investing activities | (5,913) | (2,624) | (7,024) |
| Cash flows from financing activities | |||
| Net proceeds from issuance of common stock | 0 | 1,478 | 6,760 |
| Taxes paid related to net share settlement | (73) | (889) | (2,862) |
| Proceeds from exercise of stock options | 18 | 26 | 17 |
| Proceeds from long-term debt, net of issuance cost | 0 | 0 | 1,496 |
| Repayment of long-term debt | 0 | (1,500) | 0 |
| Proceeds from sale and lease-back transactions | 0 | 0 | 205 |
| Principal payments on capital lease obligations | (243) | (391) | (366) |
| Excess tax benefit from share-based award activity | 1,869 | 609 | 1,033 |
| Net cash provided by (used in) financing activities | 1,571 | (667) | 6,283 |
| Effect of exchange rate changes on cash and cash equivalents | (123) | 8 | 1 |
| Net increase in cash and cash equivalents | 992 | 939 | 872 |
| Cash and cash equivalents at beginning of period | 3,323 | 2,384 | |
| Cash and cash equivalents at end of period | 4,315 | 3,323 | 2,384 |
| Supplemental cash flow data | |||
| Cash paid during the period for: | |||
| Interest | 14 | 38 | 38 |
| Income taxes | 184 | 82 | 184 |
| Cash received during the period for: | |||
| Income taxes | 6 | 421 | 131 |
| Non-cash investing and financing activities: | |||
| Fair value of shares issued related to acquisitions of businesses | 14,344 | 77 | 274 |
| Balance Sheet Location | |||
| Net change in accounts payable and accrued expenses and other current liabilities | |||
| Property and equipment incurred but not yet paid | 91 | 53 | (40) |
| Property and equipment acquired under capital leases | |||
| Property and equipment incurred but not yet paid | 0 | 11 | 340 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2014 | |
| 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 |