10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
NIKE, INC. | |||
Ticker: NKE Fiscal Year: 2019 | |||
Consolidated Statements of Cash Flows | |||
Period Ending May 31, 2019 10-K (Filed: July 23, 2019) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2019 | May 31, 2018 | May 31, 2017 | |
| Cash provided by operations: | |||
| Net income | $ 4,029 | 1,933 | 4,240 |
| Adjustments to reconcile net income to net cash provided by operations: | |||
| Depreciation | 705 | 747 | 706 |
| Deferred income taxes | 34 | 647 | (273) |
| Stock-based compensation | 325 | 218 | 215 |
| Amortization and other | 15 | 27 | 10 |
| Net foreign currency adjustments | 233 | (99) | (117) |
| Changes in certain working capital components and other assets and liabilities: | |||
| (Increase) decrease in accounts receivable | (270) | 187 | (426) |
| (Increase) decrease in inventories | (490) | (255) | (231) |
| (Increase) decrease in prepaid expenses and other current and non-current assets | (203) | 35 | (120) |
| Increase (decrease) in accounts payable, accrued liabilities and other current and non-current liabilities | 1,525 | 1,515 | (158) |
| Cash provided by operations | 5,903 | 4,955 | 3,846 |
| Cash provided (used) by investing activities: | |||
| Purchases of short-term investments | (2,937) | (4,783) | (5,928) |
| Maturities of short-term investments | 1,715 | 3,613 | 3,623 |
| Sales of short-term investments | 2,072 | 2,496 | 2,423 |
| Additions to property, plant and equipment | (1,119) | (1,028) | (1,105) |
| Disposals of property, plant and equipment | 5 | 3 | 13 |
| Other investing activities | 0 | (25) | (34) |
| Cash provided (used) by investing activities | (264) | 276 | (1,008) |
| Cash used by financing activities: | |||
| Net proceeds from long-term debt issuance | 0 | 0 | 1,482 |
| Long-term debt payments, including current portion | (6) | (6) | (44) |
| Increase (decrease) in notes payable | (325) | 13 | 327 |
| Payments on capital lease and other financing obligations | (27) | (23) | (17) |
| Proceeds from exercise of stock options and other stock issuances | 700 | 733 | 489 |
| Repurchase of common stock | (4,286) | (4,254) | (3,223) |
| Dividends common and preferred | (1,332) | (1,243) | (1,133) |
| Tax payments for net share settlement of equity awards | (17) | (55) | (29) |
| Cash used by financing activities | (5,293) | (4,835) | (2,148) |
| Effect of exchange rate changes on cash and equivalents | (129) | 45 | (20) |
| Net increase (decrease) in cash and equivalents | 217 | 441 | 670 |
| Cash and equivalents, beginning of year | 4,249 | 3,808 | |
| CASH AND EQUIVALENTS, END OF YEAR | 4,466 | 4,249 | 3,808 |
| Supplemental disclosure of cash flow information: | |||
| Cash paid during the year for: | |||
| Interest, net of capitalized interest | 153 | 125 | 98 |
| Income taxes | 757 | 529 | 703 |
| Non-cash additions to property, plant and equipment | 160 | 294 | 266 |
| Dividends declared and not paid | 347 | 320 | 300 |
| External Links | |
| NIKE, INC. (NKE) 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 |