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: 2016 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending May 31, 2016 10-K (Filed: June 22, 2016) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2016 | May 31, 2015 | May 31, 2014 | |
| Cash flows from operating activities: | |||
| Net income | $ 8,901 | 9,938 | 10,955 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 871 | 712 | 608 |
| Amortization of intangible assets | 1,638 | 2,149 | 2,300 |
| Allowances for doubtful accounts receivable | 130 | 56 | 122 |
| Deferred income taxes | (105) | (548) | (248) |
| Stock-based compensation | 1,037 | 933 | 805 |
| Tax benefits on the exercise of stock options and vesting of restricted stock-based awards | 311 | 396 | 480 |
| Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards | (124) | (244) | (250) |
| Other, net | 143 | 327 | 311 |
| Changes in operating assets and liabilities, net of effects from acquisitions: | |||
| Decrease in trade receivables | 96 | 208 | 24 |
| Decrease (increase) in inventories | 88 | (96) | 57 |
| Increase in prepaid expenses and other assets | (90) | (387) | (143) |
| (Decrease) increase in accounts payable and other liabilities | (13) | 247 | 48 |
| Increase (decrease) in income taxes payable | 2 | (10) | (320) |
| Increase in deferred revenues | 676 | 655 | 172 |
| Net cash provided by operating activities | 13,561 | 14,336 | 14,921 |
| Cash flows from investing activities: | |||
| Purchases of marketable securities and other investments | (24,562) | (31,421) | (32,316) |
| Proceeds from maturities and sales of marketable securities and other investments | 21,247 | 20,004 | 28,845 |
| Acquisitions, net of cash acquired | (650) | (6,239) | (3,488) |
| Capital expenditures | (1,189) | (1,391) | (580) |
| Net cash used for investing activities | (5,154) | (19,047) | (7,539) |
| Cash flows from financing activities: | |||
| Payments for repurchases of common stock | (10,440) | (8,087) | (9,813) |
| Proceeds from issuances of common stock | 1,425 | 1,816 | 2,155 |
| Shares repurchased for tax withholdings upon vesting of restricted stock-based awards | (89) | (14) | (20) |
| Payments of dividends to stockholders | (2,541) | (2,255) | (2,178) |
| Proceeds from borrowings, net of issuance costs | 3,750 | 19,842 | 5,566 |
| Repayments of borrowings | (2,000) | (1,500) | |
| Excess tax benefits on the exercise of stock options and vesting of restricted stock-based awards | 124 | 244 | 250 |
| Distributions to noncontrolling interests | (85) | (196) | (28) |
| Net cash (used for) provided by financing activities | (9,856) | 9,850 | (4,068) |
| Effect of exchange rate changes on cash and cash equivalents | (115) | (1,192) | (158) |
| Net (decrease) increase in cash and cash equivalents | (1,564) | 3,947 | 3,156 |
| Cash and cash equivalents at beginning of period | 21,716 | 17,769 | |
| Cash and cash equivalents at end of period | 20,152 | 21,716 | 17,769 |
| Non-cash investing and financing transactions: | |||
| Fair values of restricted stock-based awards and stock options assumed in connection with acquisitions | 1 | 12 | 148 |
| (Decrease) increase in unsettled repurchases of common stock | (1) | 1 | (15) |
| (Decrease) increase in unsettled investment purchases | (112) | 264 | 78 |
| Supplemental schedule of cash flow data: | |||
| Cash paid for income taxes | 2,331 | 3,055 | 2,841 |
| Cash paid for interest | 1,616 | 1,022 | 827 |
| External Links | |
| ORACLE CORP (ORCL) Fiscal Year 2016 | |
| 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 |