Mastercard Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $3.92B | $4.06B | $3.81B | $3.62B | $3.12B | $2.76B | $1.91B | $1.85B |
| Depreciation & Amortization | $437.0M | $373.0M | $366.0M | $321.0M | $258.0M | $230.0M | $194.0M | $148.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $252.0M | $221.0M | $235.0M | $214.0M | $166.0M | — | $117.0M | $78.0M |
| Stock-Based Compensation | $176.0M | $149.0M | $122.0M | $-15.0M | $63.0M | $0 | $35.0M | $63.0M |
| Net Cash from Operating Activities | $5.66B | $4.64B | $4.10B | $3.41B | $4.14B | $2.95B | $2.68B | $1.70B |
| Investing Activities | ||||||||
| Capital Expenditures | $300.0M | $215.0M | $177.0M | $175.0M | $155.0M | $96.0M | $77.0M | $61.0M |
| Business Acquisitions | $1.18B | $0 | $584.0M | $525.0M | $0 | $70.0M | $460.0M | $498.0M |
| Net Cash from Investing Activities | $-1.78B | $-1.16B | $-715.0M | $690.0M | $-4.0M | $-2.84B | $-748.0M | $-641.0M |
| Financing Activities | ||||||||
| Dividends Paid | $942.0M | $837.0M | $727.0M | $515.0M | $255.0M | $132.0M | $77.0M | $79.0M |
| Stock Repurchases | $3.76B | $3.51B | $3.52B | $3.39B | $2.44B | $1.75B | $1.15B | $0 |
| Net Cash from Financing Activities | $-4.76B | $-2.34B | $-2.52B | $-2.34B | $-2.63B | $-1.80B | $-1.22B | $19.0M |
| Net Change in Cash | $-788.0M | $974.0M | $610.0M | $1.54B | $1.55B | $-1.68B | $667.0M | $1.01B |
| Free Cash Flow | $5.36B | $4.42B | $3.92B | $3.23B | $3.98B | $2.85B | $2.61B | $1.64B |