PayPal Holdings, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | $1.80B | $1.40B | $1.23B | $419.0M | $955.0M |
| Depreciation & Amortization | $805.0M | $724.0M | $608.0M | $516.0M | $453.0M |
| Depreciation | $649.0M | $574.0M | $515.0M | $432.0M | $383.0M |
| Amortization | $126.0M | $150.0M | $93.0M | $84.0M | $70.0M |
| Stock-Based Compensation | $733.0M | $438.0M | $346.0M | $299.0M | $253.0M |
| Net Cash from Operating Activities | $2.53B | $3.16B | $2.55B | $2.22B | $1.99B |
| Investing Activities | |||||
| Capital Expenditures | $667.0M | $669.0M | $722.0M | $492.0M | $391.0M |
| Business Acquisitions | $323.0M | $19.0M | $1.23B | $2.0M | $731.0M |
| Net Cash from Investing Activities | $-4.49B | $-5.90B | $-8.04B | $-2.88B | $-1.72B |
| Financing Activities | |||||
| Dividends Paid | — | — | — | — | — |
| Stock Repurchases | $1.01B | $995.0M | $0 | $0 | — |
| Net Cash from Financing Activities | $4.08B | $2.04B | $4.73B | $1.28B | $-85.0M |
| Net Change in Cash | $1.29B | $197.0M | $-808.0M | $597.0M | $190.0M |
| Free Cash Flow | $1.86B | $2.49B | $1.82B | $1.73B | $1.60B |