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: 2021 | |||
Consolidated Statements of Cash Flows | |||
Period Ending Oct 3, 2021 10-K (Filed: Nov 19, 2021) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Oct 3, 2021 | Sept 27, 2020 | Sept 29, 2019 | |
| OPERATING ACTIVITIES: | |||
| Net earnings including noncontrolling interests | $ 4,200,300 | 924,700 | 3,594,600 |
| Adjustments to reconcile net earnings to net cash provided by operating activities: | |||
| Depreciation and amortization | 1,524,100 | 1,503,200 | 1,449,300 |
| Deferred income taxes, net | (146,200) | (25,800) | (1,495,400) |
| Income earned from equity method investees | (347,300) | (280,700) | (250,600) |
| Distributions received from equity method investees | 336,000 | 227,700 | 216,800 |
| Net gain resulting from divestiture of certain retail operations | (864,500) | 0 | (622,800) |
| Stock-based compensation | 319,100 | 248,600 | 308,000 |
| Goodwill impairments | 0 | 0 | 10,500 |
| Non-cash Lease Cost | 1,248,600 | 1,197,600 | 0 |
| Loss on retirement and impairment of assets | 226,200 | 454,400 | 142,600 |
| Other | (6,000) | 24,500 | 45,300 |
| Cash provided/(used) by changes in operating assets and liabilities: | |||
| Accounts receivable | (43,000) | (2,700) | (197,700) |
| Inventories | (49,800) | (10,900) | (173,000) |
| Prepaid Expenses, Other | (251,100) | (317,500) | 922,000 |
| Income Taxes Payable | 286,100 | (1,214,600) | 1,237,100 |
| Accounts payable | 189,900 | (210,800) | 31,900 |
| Deferred revenue | (6,100) | 31,000 | (30,500) |
| Operating lease liability | (1,488,100) | (1,231,400) | 0 |
| Other operating assets and liabilities | 358,700 | 280,500 | (141,100) |
| Net Cash Provided by (Used in) Operating Activities | 5,989,100 | 1,597,800 | 5,047,000 |
| INVESTING ACTIVITIES: | |||
| Purchases of investments | (432,000) | (443,900) | (190,400) |
| Sales of investments | 143,200 | 186,700 | 298,300 |
| Maturities and calls of investments | 345,500 | 73,700 | 59,800 |
| Additions to property, plant and equipment | (1,470,000) | (1,483,600) | (1,806,600) |
| Net proceeds from divestiture of certain operations | 1,175,000 | 0 | 684,300 |
| Other | (81,200) | (44,400) | (56,200) |
| Net cash used by investing activities | (319,500) | (1,711,500) | (1,010,800) |
| FINANCING ACTIVITIES: | |||
| Proceeds from (Repayments of) Commercial Paper | (296,500) | 0 | 0 |
| Proceeds from issuance of short-term debt | 215,100 | 1,406,600 | 0 |
| Repayments of Short-term Debt | (349,800) | (967,700) | 0 |
| Proceeds from issuance of long-term debt | 0 | 4,727,600 | 1,996,000 |
| Repayments of long-term debt | (1,250,000) | 0 | (350,000) |
| Proceeds from issuance of common stock | 246,200 | 298,800 | 409,800 |
| Cash dividends paid | (2,119,000) | (1,923,500) | (1,761,300) |
| Repurchase of common stock | 0 | (1,698,900) | (10,222,300) |
| Minimum tax withholdings on share-based awards | (97,000) | (91,900) | (111,600) |
| Other | 0 | (37,700) | (17,500) |
| Net cash used by financing activities | (3,651,000) | 1,713,300 | (10,056,900) |
| Effect of exchange rate changes on cash and cash equivalents | 86,200 | 64,700 | (49,000) |
| Net increase/(decrease) in cash and cash equivalents | 2,104,800 | 1,664,300 | (6,069,700) |
| CASH AND CASH EQUIVALENTS: | |||
| Beginning of period | 4,350,900 | 2,686,600 | |
| End of period | 6,455,700 | 4,350,900 | 2,686,600 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION: | |||
| Cash paid during the period for: | |||
| Interest, net of capitalized interest | 501,100 | 396,900 | 299,500 |
| Income taxes, net of refunds | 756,300 | 1,699,100 | 470,100 |
| External Links | |
| STARBUCKS CORP (SBUX) Fiscal Year 2021 | |
| 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 |