Kimberly-Clark Corp.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.28B | $2.17B | $1.01B | $1.53B | $2.14B | $1.75B | $1.59B | $1.84B |
| Depreciation & Amortization | $724.0M | $705.0M | $746.0M | $862.0M | $863.0M | $857.0M | $1.09B | $813.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | $39.0M | $29.0M | $24.0M | $25.0M |
| Stock-Based Compensation | $76.0M | $77.0M | $75.0M | $52.0M | $92.0M | $67.0M | $48.0M | $52.0M |
| Net Cash from Operating Activities | $2.93B | $3.23B | $2.31B | $2.85B | $3.04B | $3.29B | $2.29B | $2.74B |
| Investing Activities | ||||||||
| Capital Expenditures | $785.0M | $771.0M | $1.06B | $1.04B | $953.0M | $1.09B | $968.0M | $964.0M |
| Business Acquisitions | — | — | $0 | $0 | $32.0M | $5.0M | $0 | — |
| Net Cash from Investing Activities | $-851.0M | $-732.0M | $-1.05B | — | — | $-1.18B | $-681.0M | $-781.0M |
| Financing Activities | ||||||||
| Dividends Paid | $1.36B | $1.31B | $1.27B | $1.26B | $1.22B | $1.15B | $1.10B | $1.07B |
| Stock Repurchases | $911.0M | $739.0M | $861.0M | $1.94B | $1.22B | $1.28B | $1.25B | $803.0M |
| Net Cash from Financing Activities | $-2.42B | $-2.19B | $-1.30B | — | — | $-1.80B | $-1.74B | $-1.86B |
| Net Change in Cash | $-307.0M | $304.0M | $-170.0M | $-265.0M | $-52.0M | $342.0M | $-112.0M | $78.0M |
| Free Cash Flow | $2.14B | $2.46B | $1.25B | $1.81B | $2.09B | $2.20B | $1.32B | $1.78B |
People calculate too much and think too little.