COMMERCE BANCSHARES, INC.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $319.4M | $275.4M | $263.7M | $261.8M | $261.0M | $269.3M | $256.3M | $221.7M |
| Depreciation & Amortization | $39.7M | $40.9M | $42.8M | $42.3M | $41.9M | $43.4M | $46.7M | $48.9M |
| Depreciation | $29.1M | $30.1M | $30.1M | $29.8M | $30.7M | $32.2M | $34.5M | $35.1M |
| Amortization | $1.3M | $1.5M | $1.8M | $2.1M | $2.2M | $2.5M | $3.0M | $3.5M |
| Stock-Based Compensation | $12.1M | $11.5M | $10.1M | $8.8M | $6.4M | $5.0M | $4.7M | $6.0M |
| Net Cash from Operating Activities | $426.5M | $455.0M | $291.2M | $360.8M | $361.7M | $383.9M | $407.4M | $671.2M |
| Investing Activities | ||||||||
| Capital Expenditures | $30.8M | $24.5M | $31.9M | $43.7M | $23.8M | $35.0M | $21.3M | $18.5M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $220.7M | $-805.2M | $-1.20B | $-1.06B | $-713.7M | $-1.16B | $-2.18B | $-654.5M |
| Financing Activities | ||||||||
| Dividends Paid | $91.6M | $87.1M | $85.0M | $84.2M | $82.1M | $211.6M | $79.1M | $78.2M |
| Stock Repurchases | $17.8M | $39.4M | $23.2M | $71.0M | $69.4M | $104.9M | $101.2M | $41.0M |
| Net Cash from Financing Activities | $-924.5M | $649.2M | $306.2M | $533.0M | $841.6M | $1.04B | $1.83B | $-19.9M |
| Net Change in Cash | $-277.3M | $298.9M | $-598.0M | $-168.8M | $489.7M | $262.3M | $56.9M | $-3.2M |
| Free Cash Flow | $395.7M | $430.5M | $259.3M | $317.2M | $337.9M | $348.9M | $386.0M | $652.6M |