10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
| ||||||||||||||
|
10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ORACLE CORP | |||
Ticker: ORCL Fiscal Year: 2010 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending May 31, 2010 10-K (Filed: July 1, 2010) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2010 | May 31, 2009 | May 31, 2008 | |
| Cash Flows From Operating Activities: | |||
| Net income | $ 6,135 | 5,593 | 5,521 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 298 | 263 | 268 |
| Amortization of intangible assets | 1,973 | 1,713 | 1,212 |
| Allowances for doubtful accounts receivable | 143 | 118 | 164 |
| Deferred income taxes | (511) | (395) | (135) |
| Stock-based compensation | 436 | 355 | 369 |
| Tax benefits on the exercise of stock options and vesting of restricted stock-based awards | 203 | 252 | 588 |
| Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards in operating activities | (110) | (194) | (454) |
| Other, net in operating activities | 13 | 185 | 18 |
| Changes in operating assets and liabilities, net of effects from acquisitions: | |||
| (Increase) decrease in trade receivables, net | (362) | 336 | (825) |
| Decrease in inventories | 73 | 0 | 0 |
| Decrease (increase) in prepaid expenses and other assets | 340 | 145 | (191) |
| Decrease in accounts payable and other liabilities | (360) | (691) | (153) |
| (Decrease) increase in income taxes payable | (79) | 142 | 368 |
| Increase in deferred revenues | 489 | 433 | 652 |
| Net cash provided by operating activities | 8,681 | 8,255 | 7,402 |
| Cash Flows From Investing Activities: | |||
| Purchases of marketable securities and other investments | (15,703) | (9,315) | (5,624) |
| Proceeds from maturities and sales of marketable securities and other investments | 11,220 | 8,404 | 4,281 |
| Acquisitions, net of cash acquired | (5,606) | (1,159) | (7,643) |
| Capital expenditures | (230) | (529) | (243) |
| Proceeds from sale of property | 0 | 0 | 153 |
| Net cash used for investing activities | (10,319) | (2,599) | (9,076) |
| Cash Flows From Financing Activities: | |||
| Payments for repurchases of common stock | (992) | (3,972) | (2,023) |
| Proceeds from issuances of common stock | 874 | 760 | 1,288 |
| Payment of dividends to stockholders | (1,004) | (250) | 0 |
| Proceeds from borrowings, net of issuance costs | 7,220 | 0 | 6,171 |
| Repayments of borrowings | (3,582) | (1,004) | (2,560) |
| Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards in financing activities | 110 | 194 | 454 |
| Distributions to noncontrolling interests | (59) | (53) | (49) |
| Other, net in financing activities | 97 | (97) | 0 |
| Net cash provided by (used for) financing activities | 2,664 | (4,422) | 3,281 |
| Effect of exchange rate changes on cash and cash equivalents | (107) | (501) | 437 |
| Net increase in cash and cash equivalents | 919 | 733 | 2,044 |
| Cash and cash equivalents at beginning of period | 8,995 | 8,262 | |
| Cash and cash equivalents at end of period | 9,914 | 8,995 | 8,262 |
| Non-cash investing and financing transactions: | |||
| Fair value of stock options and restricted stock-based awards assumed in connection with acquisitions | 100 | 1 | 240 |
| Decrease in unsettled repurchases of common stock | 0 | (12) | (23) |
| Supplemental schedule of cash flow data: | |||
| Cash paid for income taxes | 2,488 | 2,170 | 1,687 |
| Cash paid for interest | 652 | 627 | 347 |
| External Links | |
| ORACLE CORP (ORCL) Fiscal Year 2010 | |
| 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 |