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: 2020 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2020 10-K (Filed: Jan 28, 2021) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Cash flows from operating activities | |||
| Net income | $ 29,146 | 18,485 | 22,112 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 6,862 | 5,741 | 4,315 |
| Share-based compensation | 6,536 | 4,836 | 4,152 |
| Deferred income taxes | (1,192) | (37) | 286 |
| Other | 118 | 39 | (64) |
| Changes in assets and liabilities: | |||
| Accounts receivable | (1,512) | (1,961) | (1,892) |
| Prepaid expenses and other current assets | 135 | 47 | (690) |
| Other assets | (34) | 41 | (159) |
| Accounts payable | (17) | 113 | 221 |
| Partners payable | 178 | 348 | 157 |
| Accrued expenses and other current liabilities | (1,054) | 7,300 | 1,417 |
| Deferred revenue and deposits | 108 | 123 | 53 |
| Other liabilities | (527) | 1,239 | (634) |
| Net cash provided by operating activities | 38,747 | 36,314 | 29,274 |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (15,115) | (15,102) | (13,915) |
| Purchases of marketable securities | (33,930) | (23,910) | (14,656) |
| Sales of marketable securities | 11,787 | 9,565 | 12,358 |
| Maturities of marketable securities | 13,984 | 10,152 | 4,772 |
| Purchases of equity investments | (6,361) | (61) | (25) |
| Acquisitions of businesses, net of cash acquired, and purchases of intangible assets | (388) | (508) | (137) |
| Other investing activities | (36) | 0 | 0 |
| Net cash used in investing activities | (30,059) | (19,864) | (11,603) |
| Cash flows from financing activities | |||
| Taxes paid related to net share settlement of equity awards | (3,564) | (2,337) | (3,208) |
| Repurchases of Class A common stock | (6,272) | (4,202) | (12,879) |
| Principal payments on finance leases | (604) | (552) | 0 |
| Net change in overdraft in cash pooling entities | 24 | (223) | 500 |
| Other financing activities | 124 | 15 | 15 |
| Net cash used in financing activities | (10,292) | (7,299) | (15,572) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 279 | 4 | (179) |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | (1,325) | 9,155 | 1,920 |
| Cash, cash equivalents, and restricted cash at beginning of the period | 19,279 | 10,124 | |
| Cash, cash equivalents, and restricted cash at end of the period | 17,954 | 19,279 | 10,124 |
| Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | |||
| Cash and cash equivalents | 17,576 | 19,079 | 10,019 |
| Total cash, cash equivalents, and restricted cash | 17,954 | 19,279 | 10,124 |
| Supplemental cash flow data | |||
| Cash paid for income taxes | 4,229 | 5,182 | 3,762 |
| Non-cash investing activities: | |||
| Acquisition of businesses in accrued expenses and other current liabilities and other liabilities | 118 | 0 | 0 |
| Property and equipment in accounts payable and accrued expenses and other current liabilities | 2,201 | 1,887 | 1,955 |
| Balance Sheet Location | |||
| Prepaid Expenses and Other Current Assets | |||
| Restricted cash | 241 | 8 | 10 |
| Other Assets | |||
| Restricted cash | 137 | 192 | 95 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2020 | |
| 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 |