A.O. Smith Corp
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $296.5M | $326.5M | $282.9M | $207.8M | $169.7M | $158.7M | $305.7M | $111.7M |
| Depreciation & Amortization | $70.1M | $65.1M | $63.0M | $59.8M | $59.7M | $54.6M | $47.0M | $40.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $13.7M | $13.4M | $14.2M | $14.3M | $14.4M | $14.6M | $9.6M | $7.1M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $326.4M | $446.6M | $351.7M | $264.0M | $279.6M | $143.8M | $58.7M | $124.8M |
| Investing Activities | ||||||||
| Capital Expenditures | $94.2M | $80.7M | $72.7M | $86.1M | $97.7M | $69.9M | $53.5M | $53.5M |
| Business Acquisitions | $43.1M | $90.8M | — | — | $4.0M | $13.5M | $421.1M | $11.8M |
| Net Cash from Investing Activities | $-158.1M | $-300.2M | — | — | $-8.2M | $-86.8M | $125.6M | $-66.5M |
| Financing Activities | ||||||||
| Dividends Paid | $96.9M | $84.2M | $67.8M | $54.4M | $42.6M | $33.2M | $27.7M | $24.7M |
| Stock Repurchases | $139.1M | $135.2M | $128.1M | $103.8M | $73.7M | $22.0M | $23.5M | — |
| Net Cash from Financing Activities | $-152.1M | $-139.6M | — | — | $-157.6M | $-253.5M | $160.2M | $-15.7M |
| Net Change in Cash | $16.2M | $6.8M | $4.2M | $-61.3M | $113.8M | $-196.5M | $344.5M | $42.6M |
| Free Cash Flow | $232.2M | $365.9M | $279.0M | $177.9M | $181.9M | $73.9M | $5.2M | $71.3M |