Telephone and Data Systems, Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $153.0M | $43.0M | $219.0M | $-136.0M | $141.9M | $81.9M | $200.6M | $144.8M |
| Depreciation & Amortization | $817.0M | $820.0M | $811.0M | $798.0M | $984.4M | $813.6M | $765.8M | $755.6M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $11.0M | $14.0M | — | — | — | — | — | — |
| Stock-Based Compensation | $46.0M | $42.0M | $40.0M | $36.0M | $30.3M | $41.9M | $36.8M | $35.1M |
| Net Cash from Operating Activities | $776.0M | $782.0M | $790.0M | $395.0M | $494.6M | $1.11B | $1.26B | $1.08B |
| Investing Activities | ||||||||
| Capital Expenditures | $685.0M | $636.0M | $801.0M | $799.0M | $883.8M | $995.5M | $971.8M | $739.2M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-981.0M | $-808.0M | $-743.0M | — | — | $-998.1M | $-866.1M | $-1.21B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | $55.2M | $53.1M | $48.6M | $47.2M |
| Stock Repurchases | $0 | $3.0M | $0 | $39.0M | $9.7M | $20.0M | $21.5M | $68.1M |
| Net Cash from Financing Activities | $-77.0M | $-59.0M | $461.0M | — | — | $70.1M | $-168.0M | $-201.0M |
| Net Change in Cash | $-282.0M | $-85.0M | $513.0M | $-358.0M | $89.5M | $177.2M | $221.6M | $-332.8M |
| Free Cash Flow | $91.0M | $146.0M | $-11.0M | $-404.0M | $-389.2M | $109.7M | $284.0M | $337.0M |