Baidu, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.81B | $1.68B | $5.20B | $2.13B | $1.74B | $1.68B | $1.05B | $534.1M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $585.0M | $497.1M | $445.6M | $358.4M | $281.2M | $205.7M | $130.2M | $65.3M |
| Amortization | $1.20B | $670.6M | $459.2M | $255.5M | $156.9M | $37.6M | $10.4M | $1.6M |
| Stock-Based Compensation | $499.0M | $253.5M | $214.1M | $155.2M | $85.0M | $34.1M | $24.2M | $14.2M |
| Net Cash from Operating Activities | $5.05B | $3.21B | $3.00B | $2.89B | $2.28B | $1.93B | $1.30B | $712.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $735.0M | $603.4M | $807.3M | $778.0M | $455.4M | $370.9M | $280.0M | $135.7M |
| Business Acquisitions | $85.0M | $0 | $51.4M | $53.0M | $2.18B | $131.7M | $309.2M | $0 |
| Net Cash from Investing Activities | — | — | — | — | $-3.85B | $-2.21B | $-2.26B | $-184.5M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $265.0M | $0 | $984.4M | — | — | — | $0 | — |
| Net Cash from Financing Activities | — | — | — | — | $1.25B | $1.53B | $385.4M | $18.9M |
| Net Change in Cash | $29.0M | $135.2M | $-600.9M | $670.6M | $-361.6M | $1.24B | $-580.6M | $545.7M |
| Free Cash Flow | $4.32B | $2.60B | $2.19B | $2.11B | $1.82B | $1.55B | $1.02B | $576.5M |