Travel & Leisure Co.
Cash Flow Statement
| Line Item | FY2009 | FY2008 |
|---|---|---|
| Operating Activities | ||
| Net Income | $293.0M | $-1.07B |
| Depreciation & Amortization | $150.0M | $184.0M |
| Depreciation | — | — |
| Amortization | $28.0M | — |
| Stock-Based Compensation | $37.0M | $35.0M |
| Net Cash from Operating Activities | $689.0M | $109.0M |
| Investing Activities | ||
| Capital Expenditures | $135.0M | $187.0M |
| Business Acquisitions | — | $135.0M |
| Net Cash from Investing Activities | $-109.0M | $-319.0M |
| Financing Activities | ||
| Dividends Paid | $29.0M | $28.0M |
| Stock Repurchases | — | $15.0M |
| Net Cash from Financing Activities | $-561.0M | $166.0M |
| Net Change in Cash | $19.0M | $-74.0M |
| Free Cash Flow | $554.0M | $-78.0M |