10-K.Info (Beta Test) Courtesy of Short Sands, LLC | ||||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
STARBUCKS CORP | |||
Ticker: SBUX Fiscal Year: 2020 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Sept 27, 2020 10-K (Filed: Nov 12, 2020) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Sept 27, 2020 | Sept 29, 2019 | Sept 30, 2018 | |
| OPERATING ACTIVITIES: | |||
| Net earnings including noncontrolling interests | $ 924,700 | 3,594,600 | 4,518,000 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,503,200 | 1,449,300 | 1,305,900 |
| Deferred income taxes, net | (25,800) | (1,495,400) | 714,900 |
| Income earned from equity method investees | (280,700) | (250,600) | (242,800) |
| Distributions received from equity method investees | 227,700 | 216,800 | 226,800 |
| Gain resulting from acquisition of joint venture | 0 | 0 | 1,376,400 |
| Net gain resulting from divestiture of certain retail operations | 0 | (622,800) | (499,200) |
| Stock-based compensation | 248,600 | 308,000 | 250,300 |
| Goodwill impairments | 0 | 10,500 | 37,600 |
| Non-cash Lease Cost | 1,197,600 | 0 | 0 |
| Loss on retirement and impairment of assets | 454,400 | 142,600 | 75,600 |
| Other | 24,500 | 45,300 | 13,400 |
| Cash provided/(used) by changes in operating assets and liabilities: | |||
| Accounts receivable | (2,700) | (197,700) | 131,000 |
| Inventories | (10,900) | (173,000) | (41,200) |
| Prepaid Expenses, Other | 317,500 | 922,000 | (839,500) |
| Income Taxes Payable | (1,214,600) | 1,237,100 | 146,000 |
| Accounts payable | (210,800) | 31,900 | 391,600 |
| Deferred revenue | 31,000 | (30,500) | 7,109,400 |
| Operating lease liability | (1,231,400) | 0 | 0 |
| Other operating assets and liabilities | 280,500 | (141,100) | 16,400 |
| Net Cash Provided by (Used in) Operating Activities | 1,597,800 | 5,047,000 | 11,937,800 |
| INVESTING ACTIVITIES: | |||
| Purchases of investments | (443,900) | (190,400) | (191,900) |
| Sales of investments | 186,700 | 298,300 | 459,000 |
| Maturities and calls of investments | 73,700 | 59,800 | 45,300 |
| Acquisitions, net of cash acquired | 0 | 0 | (1,311,300) |
| Additions to property, plant and equipment | (1,483,600) | (1,806,600) | (1,976,400) |
| Net proceeds from sale of equity in joint ventures and certain retail operations | 0 | 684,300 | 608,200 |
| Other | (44,400) | (56,200) | 5,600 |
| Net cash used by investing activities | (1,711,500) | (1,010,800) | (2,361,500) |
| FINANCING ACTIVITIES: | |||
| Proceeds from issuance of short-term debt | 1,406,600 | 0 | 0 |
| Repayments of short-term debt | (967,700) | 0 | 0 |
| Proceeds from issuance of long-term debt | 4,727,600 | 1,996,000 | 5,584,100 |
| Repayments of long-term debt | 0 | (350,000) | 0 |
| Proceeds from issuance of common stock | 298,800 | 409,800 | 153,900 |
| Cash dividends paid | (1,923,500) | (1,761,300) | (1,743,400) |
| Repurchase of common stock | (1,698,900) | (10,222,300) | (7,133,500) |
| Minimum tax withholdings on share-based awards | (91,900) | (111,600) | (62,700) |
| Other | (37,700) | (17,500) | (41,200) |
| Net cash used by financing activities | 1,713,300 | (10,056,900) | (3,242,800) |
| Effect of exchange rate changes on cash and cash equivalents | 64,700 | (49,000) | (39,500) |
| Net increase/(decrease) in cash and cash equivalents | 1,664,300 | (6,069,700) | 6,294,000 |
| CASH AND CASH EQUIVALENTS: | |||
| Beginning of period | 2,686,600 | 8,756,300 | |
| End of period | 4,350,900 | 2,686,600 | 8,756,300 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |||
| Cash paid during the period for: | |||
| Interest, net of capitalized interest | 396,900 | 299,500 | 137,100 |
| Income taxes, net of refunds | 1,699,100 | 470,100 | 1,176,900 |
| External Links | |
| STARBUCKS CORP (SBUX) 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 |