Donaldson Company, Inc.
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $180.3M | $232.8M | $190.8M | $208.1M | $260.2M | $247.4M | $264.3M | $225.3M |
| Depreciation & Amortization | $76.7M | $75.2M | $74.9M | $74.3M | $67.2M | $64.3M | $61.2M | $60.5M |
| Depreciation | $71.1M | $68.8M | $68.8M | $66.9M | $62.0M | $58.8M | $55.3M | $54.5M |
| Amortization | — | $6.4M | $6.1M | $6.8M | $-5.2M | $-5.5M | $5.8M | $5.9M |
| Stock-Based Compensation | $16.7M | $9.1M | $7.3M | $10.7M | $11.6M | $9.1M | $10.6M | $9.2M |
| Net Cash from Operating Activities | $262.9M | $317.8M | $291.3M | $212.8M | $317.8M | $315.9M | $259.7M | $246.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $97.5M | $65.9M | $72.9M | $93.8M | $97.2M | $94.9M | $78.1M | $60.6M |
| Business Acquisitions | $-500.0K | $32.2M | $12.9M | — | — | — | — | — |
| Net Cash from Investing Activities | $-95.4M | $-95.7M | $-55.6M | — | — | $-96.3M | $-176.5M | $-56.4M |
| Financing Activities | ||||||||
| Dividends Paid | $94.7M | $92.4M | $91.2M | $91.2M | $83.1M | $60.3M | $47.7M | $41.0M |
| Stock Repurchases | $122.0M | $140.4M | $84.3M | $256.3M | $279.4M | $102.6M | $130.2M | $108.9M |
| Net Cash from Financing Activities | $-268.8M | $-165.2M | $-180.2M | — | — | $-224.0M | $-103.4M | $-167.4M |
| Net Change in Cash | $-103.7M | $65.2M | $53.3M | $-106.5M | $72.3M | $-1.7M | $-47.7M | $41.5M |
| Free Cash Flow | $165.4M | $251.9M | $218.4M | $119.0M | $220.6M | $221.0M | $181.6M | $185.4M |