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: 2018 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2018 10-K (Filed: Jan 31, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | |
| Cash flows from operating activities | |||
| Net income | $ 22,112 | 15,934 | 10,217 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 4,315 | 3,025 | 2,342 |
| Share-based compensation | 4,152 | 3,723 | 3,218 |
| Deferred income taxes | 286 | (377) | (457) |
| Other | (64) | 24 | 30 |
| Changes in assets and liabilities: | |||
| Accounts receivable | (1,892) | (1,609) | (1,489) |
| Prepaid expenses and other current assets | (690) | (192) | (159) |
| Other assets | (159) | 154 | 14 |
| Accounts payable | 221 | 43 | 14 |
| Partners payable | 157 | 95 | 67 |
| Accrued expenses and other current liabilities | 1,417 | 309 | 1,014 |
| Deferred revenue and deposits | 53 | 4 | 35 |
| Other liabilities | (634) | 3,083 | 1,262 |
| Net cash provided by operating activities | 29,274 | 24,216 | 16,108 |
| Cash flows from investing activities | |||
| Purchases of property and equipment, net | (13,915) | (6,733) | (4,491) |
| Purchases of marketable securities | (14,656) | (25,682) | (22,341) |
| Sales of marketable securities | 12,358 | 9,444 | 13,894 |
| Maturities of marketable securities | 4,772 | 2,988 | 1,261 |
| Acquisitions of businesses, net of cash acquired, and purchases of intangible assets | (137) | (122) | (123) |
| Other investing activities, net | (25) | (13) | 8 |
| Net cash used in investing activities | (11,603) | (20,118) | (11,792) |
| Cash flows from financing activities | |||
| Taxes paid related to net share settlement of equity awards | (3,208) | (3,246) | (6) |
| Principal payments on capital lease and other financing obligations | 0 | 0 | (312) |
| Repurchases of Class A common stock | (12,879) | (1,976) | 0 |
| Net change in overdraft in cash pooling entities | 500 | 0 | 0 |
| Other financing activities, net | 15 | (13) | 8 |
| Net cash used in financing activities | (15,572) | (5,235) | (310) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | (179) | 232 | (63) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 1,920 | (905) | 3,943 |
| Cash, cash equivalents, and restricted cash at beginning of the period | 8,204 | 9,109 | |
| Cash, cash equivalents, and restricted cash at end of the period | 10,124 | 8,204 | 9,109 |
| Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | |||
| Cash and cash equivalents | 10,019 | 8,079 | 8,903 |
| Total cash, cash equivalents, and restricted cash | 10,124 | 8,204 | 9,109 |
| Supplemental cash flow data | |||
| Cash paid during the period for: | |||
| Interest | 1 | 0 | 11 |
| Income taxes, net | 3,762 | 2,117 | 1,210 |
| Non-cash investing and financing activities: | |||
| Net change in prepaids and liabilities related to property and equipment additions | 918 | 495 | 136 |
| Settlement of acquisition-related contingent consideration liability | 0 | 102 | 33 |
| Change in unsettled repurchases of Class A common stock | 51 | 94 | 0 |
| Balance Sheet Location | |||
| Prepaid Expenses and Other Current Assets | |||
| Restricted cash | 10 | 18 | 106 |
| Other Assets | |||
| Restricted cash | 95 | 107 | 100 |
| External Links | |
| META PLATFORMS, INC. (META) 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 |