Marsh & McLennan Companies, Inc.
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $227.0M | $-73.0M | $2.48B |
| Depreciation & Amortization | — | — | — |
| Depreciation | $307.0M | $332.0M | $366.0M |
| Amortization | $58.0M | $72.0M | $76.0M |
| Stock-Based Compensation | — | — | — |
| Net Cash from Operating Activities | $640.0M | $940.0M | $-303.0M |
| Investing Activities | |||
| Capital Expenditures | $305.0M | $386.0M | $378.0M |
| Business Acquisitions | $73.0M | $126.0M | $206.0M |
| Net Cash from Investing Activities | $-236.0M | $-348.0M | $3.00B |
| Financing Activities | |||
| Dividends Paid | $431.0M | $412.0M | $413.0M |
| Stock Repurchases | $33.0M | $39.0M | $1.31B |
| Net Cash from Financing Activities | $-464.0M | $-643.0M | $-2.73B |
| Net Change in Cash | $92.0M | $-448.0M | $44.0M |
| Free Cash Flow | $335.0M | $554.0M | $-681.0M |