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: 2020 | |||
CONSOLIDATED STATEMENTS OF CASH FLOWS | |||
Period Ending May 31, 2020 10-K (Filed: June 22, 2020) | |||
| (In Millions, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| May 31, 2020 | May 31, 2019 | May 31, 2018 | |
| Cash flows from operating activities: | |||
| Net income | $ 10,135 | 11,083 | 3,587 |
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Depreciation | 1,382 | 1,230 | 1,165 |
| Amortization of intangible assets | 1,586 | 1,689 | 1,620 |
| Allowances for doubtful accounts receivable | 245 | 190 | 146 |
| Deferred income taxes | (851) | (1,191) | (847) |
| Stock-based compensation | 1,590 | 1,653 | 1,607 |
| Other, net | 239 | 157 | (27) |
| Changes in operating assets and liabilities, net of effects from acquisitions: | |||
| (Increase) decrease in trade receivables, net | (690) | (272) | 267 |
| Decrease (increase) in prepaid expenses and other assets | 665 | 261 | (258) |
| Decrease in accounts payable and other liabilities | (496) | (102) | (260) |
| (Decrease) increase in income taxes payable | (444) | (453) | 8,150 |
| (Decrease) increase in deferred revenues | (222) | 306 | 236 |
| Net cash provided by operating activities | 13,139 | 14,551 | 15,386 |
| Cash flows from investing activities: | |||
| Purchases of marketable securities and other investments | (5,731) | (1,400) | (25,282) |
| Proceeds from maturities of marketable securities and other investments | 4,687 | 12,681 | 20,372 |
| Proceeds from sales of marketable securities | 12,575 | 17,299 | 2,745 |
| Acquisitions, net of cash acquired | (124) | (363) | (1,724) |
| Capital expenditures | (1,564) | (1,660) | (1,736) |
| Net cash provided by (used for) investing activities | 9,843 | 26,557 | (5,625) |
| Cash flows from financing activities: | |||
| Payments for repurchases of common stock | (19,240) | (36,140) | (11,347) |
| Proceeds from issuances of common stock | 1,588 | 2,155 | 2,402 |
| Shares repurchased for tax withholdings upon vesting of restricted stock-based awards | (665) | (503) | (506) |
| Payments of dividends to stockholders | (3,070) | (2,932) | (3,140) |
| Proceeds from borrowings, net of issuance costs | 19,888 | 0 | 12,443 |
| Repayments of borrowings | (4,500) | (4,500) | (9,800) |
| Other, net | (133) | (136) | (34) |
| Net cash used for financing activities | (6,132) | (42,056) | (9,982) |
| Effect of exchange rate changes on cash and cash equivalents | (125) | (158) | 57 |
| Net increase (decrease) in cash and cash equivalents | 16,725 | (1,106) | (164) |
| Cash and cash equivalents at beginning of period | 20,514 | 21,620 | |
| Cash and cash equivalents at end of period | 37,239 | 20,514 | 21,620 |
| Non-cash investing and financing activities: | |||
| Fair values of stock awards assumed in connection with acquisitions | 0 | 8 | 3 |
| Change in unsettled repurchases of common stock | (40) | (140) | 154 |
| Change in unsettled investment purchases | 0 | 0 | (303) |
| Supplemental schedule of cash flow data: | |||
| Cash paid for income taxes | 3,218 | 2,901 | 1,562 |
| Cash paid for interest | 1,972 | 2,059 | 1,910 |
| External Links | |
| ORACLE CORP (ORCL) Fiscal Year 2020 | |
| 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 |