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: 2016 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 3, 2017) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Cash flows from operating activities | |||
| Net income | $ 10,217 | 3,688 | 2,940 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 2,342 | 1,945 | 1,243 |
| Share-based compensation | 3,218 | 2,960 | 1,786 |
| Deferred income taxes | (457) | (795) | (210) |
| Tax benefit from share-based award activity | 0 | 1,721 | 1,853 |
| Other | 30 | 17 | (24) |
| Changes in assets and liabilities: | |||
| Accounts receivable | (1,489) | (973) | (610) |
| Prepaid expenses and other current assets | (159) | (144) | (123) |
| Other assets | 14 | (3) | (216) |
| Accounts payable | 14 | 18 | 31 |
| Partners payable | 67 | 17 | (28) |
| Accrued expenses and other current liabilities | 1,014 | 513 | 328 |
| Deferred revenue and deposits | 35 | (9) | 10 |
| Other liabilities | 1,262 | 1,365 | 346 |
| Net cash provided by operating activities | 16,108 | 10,320 | 7,326 |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (4,491) | (2,523) | (1,831) |
| Purchases of marketable securities | (22,341) | (15,938) | (9,104) |
| Sales of marketable securities | 13,894 | 6,928 | 8,438 |
| Maturities of marketable securities | 1,261 | 2,310 | 1,909 |
| Acquisitions of businesses, net of cash acquired, and purchases of intangible assets | (123) | (313) | (4,975) |
| Change in restricted cash and deposits | 61 | 102 | (348) |
| Other investing activities, net | 0 | 0 | (2) |
| Net cash used in investing activities | (11,739) | (9,434) | (5,913) |
| Cash flows from financing activities | |||
| Principal payments on capital lease and other financing obligations | (312) | (119) | (243) |
| Other financing activities, net | 2 | (20) | (55) |
| Net cash used in financing activities | (310) | (139) | (298) |
| Effect of exchange rate changes on cash and cash equivalents | (63) | (155) | (123) |
| Net increase in cash and cash equivalents | 3,996 | 592 | 992 |
| Cash and cash equivalents at beginning of period | 4,907 | 4,315 | |
| Cash and cash equivalents at end of period | 8,903 | 4,907 | 4,315 |
| Supplemental cash flow data | |||
| Cash paid during the period for: | |||
| Interest | 11 | 10 | 14 |
| Income taxes, net | 1,210 | 270 | 178 |
| Non-cash investing and financing activities: | |||
| Net change in accounts payable, accrued expenses and other current liabilities, and other liabilities related to property and equipment additions | 272 | 88 | 91 |
| Fair value of shares issued related to acquisitions of businesses | 0 | 0 | 14,344 |
| Promissory note payable issued in connection with an acquisition | 0 | 198 | 0 |
| Settlement of contingent consideration liability | 33 | 0 | 0 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2016 | |
| 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 |