The Sherwin-Williams Company
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $1.73B | $1.13B | $1.05B | $865.9M | $752.6M | $631.0M | $441.9M | $462.5M |
| Depreciation & Amortization | — | — | — | — | — | — | — | — |
| Depreciation | $285.0M | $172.1M | $170.3M | $169.1M | $158.8M | $152.2M | $151.2M | $140.3M |
| Amortization | $206.8M | $25.4M | $28.2M | $29.9M | $29.0M | $27.0M | $29.7M | $35.0M |
| Stock-Based Compensation | $90.3M | $72.1M | $72.3M | $64.7M | $58.0M | $54.3M | $48.2M | $42.3M |
| Net Cash from Operating Activities | $1.88B | $1.31B | $1.45B | $1.08B | $1.08B | $887.9M | $735.8M | $706.6M |
| Investing Activities | ||||||||
| Capital Expenditures | $222.8M | $239.0M | $234.3M | $200.5M | $166.7M | $157.1M | $153.8M | $125.2M |
| Business Acquisitions | $8.81B | — | $0 | — | $79.9M | $99.2M | $44.4M | $298.2M |
| Net Cash from Investing Activities | $-9.05B | $-303.8M | $-288.6M | $-310.1M | $-338.3M | $-342.5M | $-277.8M | $-489.9M |
| Financing Activities | ||||||||
| Dividends Paid | $319.0M | $312.1M | $249.6M | $215.3M | $205.0M | $160.9M | $153.5M | $156.4M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $6.51B | $-307.4M | $-980.4M | $-1.47B | $-853.3M | $286.6M | $-475.2M | $-223.6M |
| Net Change in Cash | $-685.6M | $684.0M | $165.0M | $-704.2M | $-117.7M | $829.9M | $-25.9M | $-10.7M |
| Free Cash Flow | $1.66B | $1.07B | $1.21B | $881.0M | $917.1M | $730.8M | $582.0M | $581.4M |