Hershey Co.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $783.0M | $720.0M | $513.0M | $846.9M | $820.5M | $660.9M | $629.0M | $509.8M |
| Depreciation & Amortization | $261.9M | $301.8M | $244.9M | $211.5M | $201.0M | $210.0M | $215.8M | $197.1M |
| Depreciation | $211.6M | $231.7M | $197.1M | — | — | — | — | — |
| Amortization | $23.4M | $26.7M | $22.3M | $10.8M | $10.8M | $10.6M | $4.6M | $4.5M |
| Stock-Based Compensation | $51.1M | $54.8M | $51.5M | $54.1M | $54.0M | $50.5M | $43.5M | — |
| Net Cash from Operating Activities | $1.25B | $1.01B | $1.26B | $844.4M | $1.19B | $1.09B | $587.9M | $901.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $257.7M | $269.5M | $356.8M | $370.8M | $323.6M | $258.7M | $324.0M | $179.5M |
| Business Acquisitions | $0 | $285.4M | $218.7M | $396.3M | $0 | $172.9M | — | — |
| Net Cash from Investing Activities | $-328.7M | $-595.5M | $-477.3M | $-862.6M | $-351.6M | $-473.4M | $-340.0M | $-199.3M |
| Financing Activities | ||||||||
| Dividends Paid | $526.3M | $499.5M | $476.1M | $440.4M | $393.8M | $341.2M | $304.1M | — |
| Stock Repurchases | $300.3M | $592.6M | $582.6M | $576.8M | $305.6M | $510.6M | $384.5M | $169.1M |
| Net Cash from Financing Activities | $-843.8M | $-464.4M | $-797.0M | $-719.3M | $-446.6M | $-586.9M | $-438.8M | $-71.1M |
| Net Change in Cash | $83.2M | $-49.6M | $-28.3M | $-743.7M | $390.2M | $34.6M | $-191.0M | $631.0M |
| Free Cash Flow | $991.8M | $744.0M | $899.5M | $473.6M | $867.8M | $836.1M | $263.9M | $721.9M |