ASHLAND INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|
| Operating Activities | ||||
| Net Income | $1.0M | $-29.0M | $309.0M | $233.0M |
| Depreciation & Amortization | $265.0M | $302.0M | $306.0M | $393.0M |
| Depreciation | $185.0M | $226.0M | $228.0M | $304.0M |
| Amortization | $80.0M | $76.0M | $78.0M | $89.0M |
| Stock-Based Compensation | $20.0M | $30.0M | $30.0M | $34.0M |
| Net Cash from Operating Activities | $174.0M | $385.0M | $-256.0M | $580.0M |
| Investing Activities | ||||
| Capital Expenditures | $168.0M | $231.0M | $220.0M | $248.0M |
| Business Acquisitions | $680.0M | $0 | $8.0M | $0 |
| Net Cash from Investing Activities | — | — | — | — |
| Financing Activities | ||||
| Dividends Paid | $77.0M | $97.0M | $98.0M | $103.0M |
| Stock Repurchases | $0 | $500.0M | $397.0M | $954.0M |
| Net Cash from Financing Activities | — | — | — | — |
| Net Change in Cash | $-622.0M | $-69.0M | $-136.0M | $1.05B |
| Free Cash Flow | $6.0M | $154.0M | $-476.0M | $332.0M |