Alaska Air Group, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $960.0M | $797.0M | $848.0M | $605.0M | $508.0M | $316.0M | $245.0M | $251.0M |
| Depreciation & Amortization | $372.0M | $363.0M | $320.0M | $294.0M | $270.0M | $264.0M | $247.0M | $230.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $55.0M | $26.0M | $25.0M | $6.0M | $32.0M | $10.0M | $17.0M | $9.0M |
| Net Cash from Operating Activities | $1.59B | $1.39B | $1.58B | $1.03B | $981.0M | $753.0M | $696.0M | $553.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.03B | $678.0M | $831.0M | $694.0M | $566.0M | $518.0M | $387.0M | $185.0M |
| Business Acquisitions | $0 | $1.95B | $0 | $0 | — | — | — | — |
| Net Cash from Investing Activities | $-1.13B | $-2.62B | $-930.0M | $-541.0M | $-698.0M | $-645.0M | $-403.0M | $-295.0M |
| Financing Activities | ||||||||
| Dividends Paid | $148.0M | $136.0M | $102.0M | $68.0M | $28.0M | $0 | $0 | — |
| Stock Repurchases | $75.0M | $193.0M | $505.0M | $348.0M | $159.0M | $60.0M | $80.0M | $45.0M |
| Net Cash from Financing Activities | $-592.0M | $1.49B | $-688.0M | $-462.0M | $-325.0M | $-88.0M | $-281.0M | $-332.0M |
| Net Change in Cash | $-134.0M | $255.0M | $-34.0M | $27.0M | $-42.0M | $20.0M | $12.0M | $-74.0M |
| Free Cash Flow | $564.0M | $708.0M | $753.0M | $336.0M | $415.0M | $235.0M | $309.0M | $368.0M |