CMS ENERGY CORPORATION
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $460.0M | $551.0M | $523.0M | $477.0M | $452.0M | $382.0M | $415.0M | $340.0M |
| Depreciation & Amortization | $881.0M | $811.0M | $750.0M | $685.0M | $628.0M | $598.0M | $546.0M | $576.0M |
| Depreciation | $739.0M | $687.0M | $591.0M | $551.0M | $516.0M | — | — | — |
| Amortization | — | — | — | $59.0M | $48.0M | $39.0M | $32.0M | $28.0M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $1.71B | $1.63B | $1.64B | $1.48B | $1.42B | $1.24B | $1.17B | $959.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $1.67B | $1.67B | $1.56B | $1.58B | $1.33B | $1.23B | $882.0M | $821.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-1.87B | $-1.92B | $-2.06B | — | $-1.53B | $-1.35B | $-1.06B | $-1.00B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | $252.0M | $211.0M | $162.0M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $110.0M | $255.0M | $463.0M | — | $190.0M | $41.0M | $-199.0M | $202.0M |
| Net Change in Cash | $-53.0M | — | $59.0M | $35.0M | $79.0M | $-68.0M | $-86.0M | $157.0M |
| Free Cash Flow | $40.0M | $-43.0M | $76.0M | $-96.0M | $96.0M | $14.0M | $287.0M | $138.0M |