Pitney Bowes Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $243.5M | $92.8M | $407.9M | $333.8M | $142.8M | $445.2M | $617.5M | $292.4M |
| Depreciation & Amortization | $126.8M | $174.1M | $173.3M | $198.1M | $211.2M | $255.6M | $257.5M | $287.0M |
| Depreciation | $99.0M | $134.0M | $136.0M | $165.0M | $158.0M | $177.0M | $195.0M | $243.0M |
| Amortization | $28.0M | $40.0M | $37.0M | $34.0M | $37.0M | $41.0M | $58.0M | $61.0M |
| Stock-Based Compensation | $24.4M | $14.9M | $21.0M | $17.4M | $14.9M | $18.2M | $18.7M | $20.1M |
| Net Cash from Operating Activities | $454.2M | $496.1M | $523.0M | $658.3M | $624.8M | $660.2M | $949.0M | $952.1M |
| Investing Activities | ||||||||
| Capital Expenditures | $118.2M | $159.2M | $166.7M | $183.3M | $137.5M | $176.6M | $156.0M | $119.8M |
| Business Acquisitions | $482.9M | $37.8M | $393.7M | $0 | $0 | $0 | $0 | $-77.5M |
| Net Cash from Investing Activities | $-621.4M | $-115.6M | $-303.2M | $-154.7M | $241.2M | $-86.7M | $-117.4M | $-301.5M |
| Financing Activities | ||||||||
| Dividends Paid | $139.5M | $140.6M | $150.1M | $151.6M | $188.8M | $300.6M | $-299.6M | $-301.5M |
| Stock Repurchases | — | — | — | — | — | — | $100.0M | $100.0M |
| Net Cash from Financing Activities | $367.7M | $-229.5M | $-578.7M | $-311.8M | $-868.1M | $-519.6M | $-455.0M | $-580.0M |
| Net Change in Cash | $244.5M | $124.3M | $-403.2M | $162.7M | $-15.1M | $57.0M | $371.9M | $71.6M |
| Free Cash Flow | $335.9M | $336.9M | $356.2M | $475.0M | $487.3M | $483.6M | $793.0M | $832.3M |