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: 2021 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending Dec 31, 2021 10-K (Filed: Feb 3, 2022) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | |
| Cash flows from operating activities | |||
| Net income | $ 39,370 | 29,146 | 18,485 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation and amortization | 7,967 | 6,862 | 5,741 |
| Share-based compensation | 9,164 | 6,536 | 4,836 |
| Deferred income taxes | 609 | (1,192) | (37) |
| Other | (127) | 118 | 39 |
| Changes in assets and liabilities: | |||
| Accounts receivable | (3,110) | (1,512) | (1,961) |
| Prepaid expenses and other current assets | (1,750) | 135 | 47 |
| Other assets | (349) | (34) | 41 |
| Accounts payable | 1,436 | (17) | 113 |
| Partners payable | (12) | 178 | 348 |
| Accrued expenses and other current liabilities | 3,357 | (1,054) | 7,300 |
| Deferred revenue and deposits | 187 | 108 | 123 |
| Other liabilities | 941 | (527) | 1,239 |
| Net cash provided by operating activities | 57,683 | 38,747 | 36,314 |
| Cash flows from investing activities | |||
| Purchases of property and equipment | (18,567) | (15,115) | (15,102) |
| Purchases of marketable securities | (30,407) | (33,930) | (23,910) |
| Sales of marketable securities | 31,671 | 11,787 | 9,565 |
| Maturities of marketable securities | 10,915 | 13,984 | 10,152 |
| Purchases of equity investments | (47) | (6,361) | (61) |
| Acquisitions of businesses, net of cash acquired, and purchases of intangible assets | (851) | (388) | (508) |
| Other investing activities | (284) | (36) | 0 |
| Net cash used in investing activities | (7,570) | (30,059) | (19,864) |
| Cash flows from financing activities | |||
| Taxes paid related to net share settlement of equity awards | (5,515) | (3,564) | (2,337) |
| Repurchases of Class A common stock | (44,537) | (6,272) | (4,202) |
| Principal payments on finance leases | (677) | (604) | (552) |
| Net change in overdraft in cash pooling entities | 14 | 24 | (223) |
| Other financing activities | (13) | 124 | 15 |
| Net cash used in financing activities | (50,728) | (10,292) | (7,299) |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | (474) | 279 | 4 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | (1,089) | (1,325) | 9,155 |
| Cash, cash equivalents, and restricted cash at beginning of the period | 17,954 | 19,279 | |
| Cash, cash equivalents, and restricted cash at end of the period | 16,865 | 17,954 | 19,279 |
| Reconciliation of cash, cash equivalents, and restricted cash to the consolidated balance sheets | |||
| Cash and cash equivalents | 16,601 | 17,576 | 19,079 |
| Total cash, cash equivalents, and restricted cash | 16,865 | 17,954 | 19,279 |
| Supplemental cash flow data | |||
| Cash paid for income taxes, net | 8,525 | 4,229 | 5,182 |
| Non-cash investing and financing activities: | |||
| Property and equipment in accounts payable and accrued expenses and other current liabilities | 3,404 | 2,201 | 1,887 |
| Acquisition of businesses in accrued expenses and other current liabilities and other liabilities | 73 | 118 | 0 |
| Other current assets through financing arrangement in accrued expenses and other current liabilities | 508 | 0 | 0 |
| Repurchases of Class A common stock in accrued expenses and other current liabilities | 340 | 68 | 43 |
| Balance Sheet Location | |||
| Prepaid Expenses and Other Current Assets | |||
| Restricted cash | 149 | 241 | 8 |
| Other Assets | |||
| Restricted cash | 115 | 137 | 192 |
| External Links | |
| META PLATFORMS, INC. (META) Fiscal Year 2021 | |
| 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 |