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: 2017 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2017 10-K (Filed: Feb 1, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | |
| Cash flows from operating activities | |||
| Net income | $ 15,934 | 10,217 | 3,688 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 3,025 | 2,342 | 1,945 |
| Share-based compensation | 3,723 | 3,218 | 2,960 |
| Deferred income taxes | (377) | (457) | (795) |
| Tax benefit from share-based award activity | 0 | 0 | 1,721 |
| Other | 24 | 30 | 17 |
| Changes in assets and liabilities: | |||
| Accounts receivable | (1,609) | (1,489) | (973) |
| Prepaid expenses and other current assets | (192) | (159) | (144) |
| Other assets | 154 | 14 | (3) |
| Accounts payable | 43 | 14 | 18 |
| Partners payable | 95 | 67 | 17 |
| Accrued expenses and other current liabilities | 309 | 1,014 | 513 |
| Deferred revenue and deposits | 4 | 35 | (9) |
| Other liabilities | 3,083 | 1,262 | 1,365 |
| Net cash provided by operating activities | 24,216 | 16,108 | 10,320 |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (6,733) | (4,491) | (2,523) |
| Purchases of marketable securities | (25,682) | (22,341) | (15,938) |
| Sales of marketable securities | 9,444 | 13,894 | 6,928 |
| Maturities of marketable securities | 2,988 | 1,261 | 2,310 |
| Acquisitions of businesses, net of cash acquired, and purchases of intangible assets | (122) | (123) | (313) |
| Change in restricted cash and deposits | 67 | 61 | 102 |
| Net cash used in investing activities | (20,038) | (11,739) | (9,434) |
| Cash flows from financing activities | |||
| Taxes paid related to net share settlement of equity awards | (3,246) | (6) | (20) |
| Principal payments on capital lease and other financing obligations | 0 | (312) | (119) |
| Repurchases of Class A common stock | (1,976) | 0 | 0 |
| Other financing activities, net | (13) | 8 | 0 |
| Net cash used in financing activities | (5,235) | (310) | (139) |
| Effect of exchange rate changes on cash and cash equivalents | 233 | (63) | (155) |
| Net (decrease) increase in cash and cash equivalents | (824) | 3,996 | 592 |
| Cash and cash equivalents at beginning of period | 8,903 | 4,907 | |
| Cash and cash equivalents at end of period | 8,079 | 8,903 | 4,907 |
| Supplemental cash flow data | |||
| Cash paid during the period for: | |||
| Interest | 0 | 11 | 10 |
| Income taxes, net | 2,117 | 1,210 | 270 |
| 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 | 363 | 272 | 88 |
| Promissory note payable issued in connection with an acquisition | 0 | 0 | 198 |
| Settlement of acquisition-related contingent consideration liability | 102 | 33 | 0 |
| Change in unsettled repurchases of Class A common stock | 94 | 0 | 0 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2017 | |
| 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 |