10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
ORACLE CORP | |||
Ticker: ORCL Fiscal Year: 2014 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending May 31, 2014 10-K (Filed: June 26, 2014) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2014 | May 31, 2013 | May 31, 2012 | |
| Cash Flows From Operating Activities: | |||
| Net income | $ 10,955 | 10,925 | 9,981 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 608 | 546 | 486 |
| Amortization of intangible assets | 2,300 | 2,385 | 2,430 |
| Allowances for doubtful accounts receivable | 122 | 118 | 92 |
| Deferred income taxes | (248) | (117) | 9 |
| Stock-based compensation | 805 | 755 | 659 |
| Tax benefits on the exercise of stock options and vesting of restricted stock-based awards | 480 | 410 | 182 |
| Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards | (250) | (241) | (97) |
| Other, net | 311 | 155 | 84 |
| Changes in operating assets and liabilities, net of effects from acquisitions: | |||
| Decrease (increase) in trade receivables | 24 | 267 | (8) |
| Decrease (increase) in inventories | 57 | (66) | 150 |
| Increase in prepaid expenses and other assets | (143) | (555) | (51) |
| Increase (decrease) in accounts payable and other liabilities | 48 | (541) | (720) |
| (Decrease) increase in income taxes payable | (320) | 35 | 54 |
| Increase in deferred revenues | 172 | 148 | 492 |
| Net cash provided by operating activities | 14,921 | 14,224 | 13,743 |
| Cash Flows From Investing Activities: | |||
| Purchases of marketable securities and other investments | (32,316) | (32,160) | (38,625) |
| Proceeds from maturities and sales of marketable securities and other investments | 28,845 | 30,159 | 35,594 |
| Acquisitions, net of cash acquired | (3,488) | (3,305) | (4,702) |
| Capital expenditures | (580) | (650) | (648) |
| Net cash used for investing activities | (7,539) | (5,956) | (8,381) |
| Cash Flows From Financing Activities: | |||
| Payments for repurchases of common stock | (9,813) | (11,021) | (5,856) |
| Proceeds from issuances of common stock | 2,135 | 1,527 | 733 |
| Payments of dividends to stockholders | (2,178) | (1,433) | (1,205) |
| Proceeds from borrowings, net of issuance costs | 5,566 | 4,974 | 1,700 |
| Repayments of borrowings | (2,950) | (1,405) | |
| Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards | 250 | 241 | 97 |
| Distributions to noncontrolling interests | (28) | (31) | (163) |
| Other, net | 193 | ||
| Net cash used for financing activities | (4,068) | (8,500) | (6,099) |
| Effect of exchange rate changes on cash and cash equivalents | (158) | (110) | (471) |
| Net increase (decrease) in cash and cash equivalents | 3,156 | (342) | (1,208) |
| Cash and cash equivalents at beginning of period | 14,613 | 14,955 | |
| Cash and cash equivalents at end of period | 17,769 | 14,613 | 14,955 |
| Non-cash investing and financing transactions: | |||
| Fair value of stock options and restricted stock-based awards assumed in connection with acquisitions | 148 | 15 | 29 |
| Fair value of contingent consideration payable in connection with acquisition | 346 | ||
| (Decrease) increase in unsettled repurchases of common stock | (15) | (27) | 112 |
| Increase in unsettled purchases of marketable securities | 78 | ||
| Supplemental schedule of cash flow data: | |||
| Cash paid for income taxes | 2,841 | 2,644 | 2,731 |
| Cash paid for interest | 827 | 781 | 737 |
| External Links | |
| ORACLE CORP (ORCL) Fiscal Year 2014 | |
| 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 |