10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NIKE, INC. | |||
Ticker: NKE Fiscal Year: 2018 | |||
Consolidated Statements of Cash Flows | |||
Period Ending May 31, 2018 10-K (Filed: July 25, 2018) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2018 | May 31, 2017 | May 31, 2016 | |
| Cash provided by operations: | |||
| Net income | $ 1,933 | 4,240 | 3,760 |
| Adjustments to reconcile net income to net cash provided by operations: | |||
| Depreciation | 747 | 706 | 649 |
| Deferred income taxes | 647 | (273) | (80) |
| Stock-based compensation | 218 | 215 | 236 |
| Amortization and other | 27 | 10 | 13 |
| Net foreign currency adjustments | (99) | (117) | 98 |
| Changes in certain working capital components and other assets and liabilities: | |||
| Decrease (increase) in accounts receivable | 187 | (426) | 60 |
| (Increase) in inventories | (255) | (231) | (590) |
| Decrease (increase) in prepaid expenses and other current and non-current assets | 35 | (120) | (161) |
| Increase (decrease) in accounts payable, accrued liabilities and other current and non-current liabilities | 1,515 | (158) | (586) |
| Cash provided by operations | 4,955 | 3,846 | 3,399 |
| Cash provided (used) by investing activities: | |||
| Purchases of short-term investments | (4,783) | (5,928) | (5,367) |
| Maturities of short-term investments | 3,613 | 3,623 | 2,924 |
| Sales of short-term investments | 2,496 | 2,423 | 2,386 |
| Investments in reverse repurchase agreements | 0 | 0 | 150 |
| Additions to property, plant and equipment | (1,028) | (1,105) | (1,143) |
| Disposals of property, plant and equipment | 3 | 13 | 10 |
| Other investing activities | (25) | (34) | 6 |
| Cash provided (used) by investing activities | 276 | (1,008) | (1,034) |
| Cash used by financing activities: | |||
| Net proceeds from long-term debt issuance | 0 | 1,482 | 981 |
| Long-term debt payments, including current portion | (6) | (44) | (106) |
| Increase (decrease) in notes payable | 13 | 327 | (67) |
| Payments on capital lease and other financing obligations | (23) | (17) | (7) |
| Proceeds from exercise of stock options and other stock issuances | 733 | 489 | 507 |
| Repurchase of common stock | (4,254) | (3,223) | (3,238) |
| Dividends common and preferred | (1,243) | (1,133) | (1,022) |
| Tax payments for net share settlement of equity awards | (55) | (29) | (22) |
| Cash used by financing activities | (4,835) | (2,148) | (2,974) |
| Effect of exchange rate changes on cash and equivalents | 45 | (20) | (105) |
| Net increase (decrease) in cash and equivalents | 441 | 670 | (714) |
| Cash and equivalents, beginning of year | 3,808 | 3,138 | |
| CASH AND EQUIVALENTS, END OF YEAR | 4,249 | 3,808 | 3,138 |
| Supplemental disclosure of cash flow information: | |||
| Cash paid during the year for: | |||
| Interest, net of capitalized interest | 125 | 98 | 70 |
| Income taxes | 529 | 703 | 748 |
| Non-cash additions to property, plant and equipment | 294 | 266 | 252 |
| Dividends declared and not paid | 320 | 300 | 271 |
| External Links | |
| NIKE, INC. (NKE) 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 |