Cognizant Technology Solutions Corp.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.50B | $1.55B | $1.62B | $1.44B | $1.23B | $1.05B | $883.6M | $733.5M |
| Depreciation & Amortization | $443.0M | $379.0M | $330.0M | $208.0M | $179.9M | $156.6M | $124.2M | $110.2M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $130.0M | $113.0M | $97.0M | $36.0M | $24.2M | $19.0M | $16.9M | $17.0M |
| Stock-Based Compensation | $221.0M | $217.0M | $192.0M | $135.0M | $118.8M | $107.4M | $90.2M | $57.0M |
| Net Cash from Operating Activities | $2.41B | $1.65B | $2.19B | $1.47B | $1.42B | $1.17B | $875.2M | $764.7M |
| Investing Activities | ||||||||
| Capital Expenditures | $284.0M | $300.0M | $273.0M | $212.0M | $261.6M | $334.5M | $288.2M | $185.5M |
| Business Acquisitions | $216.0M | — | $1.7M | $2.69B | $193.8M | $59.9M | $82.8M | $33.9M |
| Net Cash from Investing Activities | $-582.0M | $-963.0M | $-1.37B | $-3.16B | $-730.8M | $-570.0M | $-850.3M | $-446.9M |
| Financing Activities | ||||||||
| Dividends Paid | $265.0M | $0 | $0 | — | — | — | — | — |
| Stock Repurchases | $1.89B | $512.0M | $460.0M | $248.0M | $179.0M | $520.8M | $374.1M | $59.0M |
| Net Cash from Financing Activities | $-1.99B | $-743.0M | $-682.0M | $1.50B | $-30.9M | $-343.0M | $-255.5M | $120.0M |
| Net Change in Cash | $-109.0M | $-91.0M | $115.0M | $-203.0M | $642.9M | $259.2M | $-230.1M | $440.0M |
| Free Cash Flow | $2.12B | $1.35B | $1.91B | $1.26B | $1.16B | $838.1M | $586.9M | $579.1M |