McDonald's Corporation
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $4.55B | $4.31B | $2.40B |
| Depreciation & Amortization | $1.22B | $1.21B | $1.21B |
| Depreciation | $1.16B | — | — |
| Amortization | — | — | — |
| Stock-Based Compensation | $112.9M | $112.5M | $142.4M |
| Net Cash from Operating Activities | $5.75B | $5.92B | $4.88B |
| Investing Activities | |||
| Capital Expenditures | $1.95B | $2.14B | $1.95B |
| Business Acquisitions | — | — | — |
| Net Cash from Investing Activities | $-1.66B | $-1.62B | $-1.15B |
| Financing Activities | |||
| Dividends Paid | $2.24B | $1.82B | $1.77B |
| Stock Repurchases | $2.80B | $3.92B | $3.94B |
| Net Cash from Financing Activities | $-4.42B | $-4.11B | $-4.00B |
| Net Change in Cash | $-267.4M | $82.1M | $-146.8M |
| Free Cash Flow | $3.80B | $3.78B | $2.93B |