Cummins Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $428.0M | $755.0M | $739.0M |
| Depreciation & Amortization | $326.0M | $314.0M | $290.0M |
| Depreciation | $269.0M | $262.0M | — |
| Amortization | $55.0M | $50.0M | — |
| Stock-Based Compensation | $20.0M | $28.0M | $28.0M |
| Net Cash from Operating Activities | $1.14B | $987.0M | $810.0M |
| Investing Activities | |||
| Capital Expenditures | $310.0M | $543.0M | $353.0M |
| Business Acquisitions | $2.0M | $142.0M | $20.0M |
| Net Cash from Investing Activities | $-509.0M | $-848.0M | $-515.0M |
| Financing Activities | |||
| Dividends Paid | $141.0M | $122.0M | $89.0M |
| Stock Repurchases | $20.0M | $128.0M | $335.0M |
| Net Cash from Financing Activities | $-141.0M | $-237.0M | $-576.0M |
| Net Change in Cash | $504.0M | $-151.0M | $-263.0M |
| Free Cash Flow | $827.0M | $444.0M | $457.0M |