Hormel Foods Corp
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $342.8M | $285.5M |
| Depreciation & Amortization | $127.1M | — |
| Depreciation | $116.8M | $114.6M |
| Amortization | $10.4M | $11.6M |
| Stock-Based Compensation | $12.1M | $14.5M |
| Net Cash from Operating Activities | $558.8M | $271.6M |
| Investing Activities | ||
| Capital Expenditures | $97.0M | $125.9M |
| Business Acquisitions | $701.0K | $27.2M |
| Net Cash from Investing Activities | $-85.2M | $-154.2M |
| Financing Activities | ||
| Dividends Paid | $101.4M | $95.5M |
| Stock Repurchases | $38.1M | $69.6M |
| Net Cash from Financing Activities | $-243.1M | $-112.4M |
| Net Change in Cash | $230.5M | $5.0M |
| Free Cash Flow | $461.8M | $145.7M |