Cummins Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $994.0M | $1.46B | $1.47B | $1.74B | $1.59B | $1.74B | $1.95B | $1.04B |
| Depreciation & Amortization | $583.0M | $530.0M | $514.0M | $455.0M | $407.0M | $361.0M | $325.0M | $320.0M |
| Depreciation | $467.0M | $434.0M | $419.0M | $351.0M | $318.0M | $287.0M | $264.0M | $248.0M |
| Amortization | $112.0M | $92.0M | $90.0M | $99.0M | $86.0M | $64.0M | $57.0M | $69.0M |
| Stock-Based Compensation | $41.0M | $32.0M | $24.0M | $36.0M | $37.0M | $36.0M | $42.0M | $22.0M |
| Net Cash from Operating Activities | $2.28B | $1.94B | $2.07B | $2.27B | $2.09B | $1.53B | $2.07B | $1.01B |
| Investing Activities | ||||||||
| Capital Expenditures | $506.0M | $531.0M | $744.0M | $743.0M | $676.0M | $690.0M | $622.0M | $364.0M |
| Business Acquisitions | $662.0M | $94.0M | $117.0M | $436.0M | $147.0M | $215.0M | — | $104.0M |
| Net Cash from Investing Activities | $-1.05B | $-917.0M | $-918.0M | $-1.23B | — | — | — | $-651.0M |
| Financing Activities | ||||||||
| Dividends Paid | $701.0M | $676.0M | $622.0M | $512.0M | $420.0M | $340.0M | $255.0M | $172.0M |
| Stock Repurchases | $451.0M | $778.0M | $900.0M | $670.0M | $381.0M | $256.0M | $629.0M | $241.0M |
| Net Cash from Financing Activities | $-1.07B | $-1.41B | $-1.65B | $-1.34B | — | — | — | $-267.0M |
| Net Change in Cash | $249.0M | — | — | — | — | — | — | $93.0M |
| Free Cash Flow | $1.77B | $1.41B | $1.32B | $1.52B | $1.41B | $842.0M | $1.45B | $642.0M |