Nasdaq, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $729.0M | $106.0M | $428.0M | $414.0M | $385.0M | $352.0M | $387.0M | $395.0M |
| Depreciation & Amortization | $96.0M | $88.0M | $76.0M | $68.0M | $59.0M | $52.0M | $54.0M | $46.0M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $92.0M | $82.0M | $62.0M | $69.0M | $63.0M | $52.0M | $55.0M | $57.0M |
| Stock-Based Compensation | $70.0M | $86.0M | $68.0M | $62.0M | $47.0M | $46.0M | $36.0M | $33.0M |
| Net Cash from Operating Activities | $909.0M | $776.0M | $727.0M | $632.0M | $574.0M | $594.0M | $669.0M | $440.0M |
| Investing Activities | ||||||||
| Capital Expenditures | $144.0M | $134.0M | $133.0M | $140.0M | $115.0M | $87.0M | $88.0M | $42.0M |
| Business Acquisitions | $776.0M | $1.47B | $226.0M | $0 | $1.12B | $112.0M | $26.0M | $190.0M |
| Net Cash from Investing Activities | $-890.0M | $-1.66B | $-435.0M | — | — | $-128.0M | $-146.0M | $-118.0M |
| Financing Activities | ||||||||
| Dividends Paid | $243.0M | $200.0M | $149.0M | $98.0M | $87.0M | $65.0M | — | — |
| Stock Repurchases | $203.0M | $100.0M | $377.0M | $178.0M | $10.0M | $275.0M | $100.0M | $797.0M |
| Net Cash from Financing Activities | $-53.0M | $948.0M | $-400.0M | — | — | $-485.0M | $-325.0M | $-595.0M |
| Net Change in Cash | $-19.0M | $61.0M | $-126.0M | $29.0M | $-99.0M | $-9.0M | $191.0M | $-279.0M |
| Free Cash Flow | $765.0M | $642.0M | $594.0M | $492.0M | $459.0M | $507.0M | $581.0M | $398.0M |