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: 2019 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2019 10-K (Filed: Jan 30, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Cash flows from operating activities | |||
| Net income | $ 18,485 | 22,112 | 15,934 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 5,741 | 4,315 | 3,025 |
| Share-based compensation | 4,836 | 4,152 | 3,723 |
| Deferred income taxes | (37) | 286 | (377) |
| Other | 39 | (64) | 24 |
| Changes in assets and liabilities: | |||
| Accounts receivable | (1,961) | (1,892) | (1,609) |
| Prepaid expenses and other current assets | 47 | (690) | (192) |
| Other assets | 41 | (159) | 154 |
| Accounts payable | 113 | 221 | 43 |
| Partners payable | 348 | 157 | 95 |
| Accrued expenses and other current liabilities | 7,300 | 1,417 | 309 |
| Deferred revenue and deposits | 123 | 53 | 4 |
| Other liabilities | 1,239 | (634) | 3,083 |
| Net cash provided by operating activities | 36,314 | 29,274 | 24,216 |
| Cash flows from investing activities | |||
| Purchases of property and equipment, net | (15,102) | (13,915) | (6,733) |
| Purchases of marketable securities | (23,910) | (14,656) | (25,682) |
| Sales of marketable securities | 9,565 | 12,358 | 9,444 |
| Maturities of marketable securities | 10,152 | 4,772 | 2,988 |
| Acquisitions of businesses, net of cash acquired, and purchases of intangible assets | (508) | (137) | (122) |
| Other investing activities, net | (61) | (25) | (13) |
| Net cash used in investing activities | (19,864) | (11,603) | (20,118) |
| Cash flows from financing activities | |||
| Taxes paid related to net share settlement of equity awards | (2,337) | (3,208) | (3,246) |
| Repurchases of Class A common stock | (4,202) | (12,879) | (1,976) |
| Principal payments on finance leases | (552) | 0 | 0 |
| Net change in overdraft in cash pooling entities | (223) | 500 | 0 |
| Other financing activities, net | 15 | 15 | (13) |
| Net cash used in financing activities | (7,299) | (15,572) | (5,235) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 4 | (179) | 232 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | 9,155 | 1,920 | (905) |
| Cash, cash equivalents, and restricted cash at beginning of the period | 10,124 | 8,204 | |
| Cash, cash equivalents, and restricted cash at end of the period | 19,279 | 10,124 | 8,204 |
| Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | |||
| Cash and cash equivalents | 19,079 | 10,019 | 8,079 |
| Total cash, cash equivalents, and restricted cash | 19,279 | 10,124 | 8,204 |
| Supplemental cash flow data | |||
| Cash paid for income taxes, net | 5,182 | 3,762 | 2,117 |
| Non-cash investing activities: | |||
| Net change in prepaids and liabilities related to property and equipment | (153) | 918 | 495 |
| Property and equipment in accounts payable and accrued liabilities | 1,887 | 1,955 | 882 |
| Balance Sheet Location | |||
| Prepaid Expenses and Other Current Assets | |||
| Restricted cash | 8 | 10 | 18 |
| Other Assets | |||
| Restricted cash | 192 | 95 | 107 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2019 | |
| 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 |