FedEx Corporation
Cash Flow Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $4.57B | $3.00B | $1.82B | $1.05B | $2.32B | $2.72B | $2.03B | $1.45B |
| Depreciation & Amortization | $3.10B | $3.00B | $2.63B | $2.61B | $2.59B | $2.39B | $2.11B | $1.97B |
| Depreciation | — | $2.90B | $2.60B | $2.60B | $2.60B | $2.30B | $2.10B | $1.90B |
| Amortization | $87.0M | $91.0M | $14.0M | $21.0M | $23.0M | $27.0M | $18.0M | $32.0M |
| Stock-Based Compensation | $167.0M | $154.0M | $144.0M | $133.0M | $117.0M | $109.0M | $105.0M | $98.0M |
| Net Cash from Operating Activities | $4.67B | $4.93B | $5.71B | $5.37B | $4.26B | $4.69B | $4.84B | $4.04B |
| Investing Activities | ||||||||
| Capital Expenditures | $5.66B | $5.12B | $4.82B | $4.35B | $3.53B | $3.38B | $4.01B | $3.43B |
| Business Acquisitions | $179.0M | — | $4.62B | $1.43B | $36.0M | $483.0M | $116.0M | $96.0M |
| Net Cash from Investing Activities | $-5.68B | $-4.98B | $-9.45B | $-5.75B | $-3.55B | $-3.80B | $-4.05B | $-3.42B |
| Financing Activities | ||||||||
| Dividends Paid | $535.0M | $426.0M | $277.0M | $227.0M | $187.0M | $177.0M | $164.0M | $151.0M |
| Stock Repurchases | $1.02B | $509.0M | $2.72B | $1.25B | $4.86B | $246.0M | $197.0M | — |
| Net Cash from Financing Activities | $227.0M | $528.0M | $3.61B | $1.35B | $-2.72B | $1.18B | $-244.0M | $-287.0M |
| Net Change in Cash | $-704.0M | $435.0M | $-229.0M | $855.0M | $-2.01B | $2.07B | $515.0M | $376.0M |
| Free Cash Flow | $-989.0M | $-186.0M | $890.0M | $1.02B | $731.0M | $1.31B | $828.0M | $607.0M |