Restaurant Brands International Limited Partnership
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Operating Activities | ||||||
| Net Income | $1.24B | $956.0M | $511.7M | $-277.2M | $233.7M | $117.7M |
| Depreciation & Amortization | $182.0M | $172.0M | $182.0M | $68.8M | $65.8M | $114.2M |
| Depreciation | $150.0M | $144.0M | $154.9M | $51.2M | $49.7M | $102.2M |
| Amortization | $72.0M | $72.0M | $78.3M | $35.9M | $36.3M | $38.2M |
| Stock-Based Compensation | $48.0M | $35.0M | $50.8M | $57.9M | $14.8M | $12.2M |
| Net Cash from Operating Activities | $1.43B | $1.21B | $1.20B | $259.3M | $325.2M | $224.4M |
| Investing Activities | ||||||
| Capital Expenditures | $37.0M | $34.0M | $115.3M | $30.9M | $25.5M | $70.2M |
| Business Acquisitions | $1.64B | $0 | $0 | $3.9M | $11.9M | $15.3M |
| Net Cash from Investing Activities | $-858.0M | $27.0M | $-61.5M | — | — | — |
| Financing Activities | ||||||
| Dividends Paid | $664.0M | $538.0M | $362.4M | $105.6M | $84.3M | $14.0M |
| Stock Repurchases | — | — | $0 | — | $7.3M | — |
| Net Cash from Financing Activities | $-936.0M | $-591.0M | $-2.12B | — | — | — |
| Net Change in Cash | $-339.0M | $648.0M | $-1.05B | $1.02B | $240.2M | $87.7M |
| Free Cash Flow | $1.39B | $1.18B | $1.09B | $228.4M | $299.7M | $154.2M |