10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

S&P GLOBAL INC.

Ticker: SPGI   Fiscal Year: 2016

Consolidated Statements of Cash Flows

Period Ending Dec 31, 2016 10-K (Filed: Feb 9, 2017)

(In Millions, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2016Dec 31, 2015Dec 31, 2014
Operating Activities:
Net income (loss)
$
2,228
1,268(13)
 
Less: income from discontinued operations00178
Net income (loss) from continuing operations2,2281,268(191)
Adjustments to reconcile income (loss) from continuing operations to cash provided by operating activities from continuing operations:
Depreciation859086
Current year amortization966748
Provision for losses on accounts receivable9811
Deferred income taxes79280(245)
Stock-based compensation7678100
Gain on dispositions(1,101)(11)9
Accrued legal and regulatory settlements541191,587
Other305771
Changes in operating assets and liabilities, net of effect of acquisitions and dispositions:
Accounts receivable(177)(118)(9)
Prepaid and other current assets(2)(4)(7)
Accounts payable and accrued expenses(26)(92)(130)
Unearned revenue10712978
Accrued legal and regulatory settlements(150)(1,624)(35)
Other current liabilities(21)(78)(16)
Net change in prepaid / accrued income taxes13261(93)
Net change in other assets and liabilities45(35)(55)
Cash provided by operating activities from continuing operations1,4641951,209
 
Investing Activities:
Capital expenditures(115)(139)(92)
Acquisitions, net of cash acquired(177)(2,396)(71)
Proceeds from dispositions1,4981483
Changes in short-term investments(1)(4)15
Cash provided by (used for) investing activities from continuing operations1,205(2,525)(65)
 
Financing Activities:
(Payments on) / additions to short-term debt, net(143)1430
Proceeds from issuance of senior notes, net4932,6740
Payments on senior notes(421)00
Dividends paid to shareholders(380)(363)(326)
Dividends and other payments paid to noncontrolling interests(116)(104)(84)
Repurchase of treasury shares(1,123)(974)(362)
Exercise of stock options8886193
Contingent consideration payments(39)(5)(11)
Purchase of additional CRISIL shares0(16)0
Excess tax benefits from share-based payments4169128
Cash (used for) provided by financing activities from continuing operations(1,600)1,510(462)
 
Effect of exchange rate changes on cash from continuing operations(158)(67)(65)
Cash provided by (used for) continuing operations911(887)617
 
Discontinued Operations:
Cash (used for) provided by operating activities0(129)18
Cash provided by investing activities00320
Cash (used for) provided by discontinued operations0(129)338
 
Net change in cash and cash equivalents911(1,016)955
 
Cash and cash equivalents at beginning of year1,4812,497
Cash and cash equivalents at end of year2,3921,4812,497
 
Cash paid during the year for:
Interest (including discontinued operations)1506550
Income taxes (including discontinued operations)683260419
External Links 
S&P GLOBAL INC. (SPGI) 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