United Airlines Holdings Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $2.14B | $2.23B | $7.34B | $1.13B | $571.0M | $-723.0M | $840.0M | $253.0M |
| Depreciation & Amortization | $2.10B | $1.98B | $1.82B | $1.68B | $1.69B | $1.52B | $1.55B | $1.08B |
| Depreciation | — | — | — | — | — | — | $133.0M | — |
| Amortization | $79.0M | $90.0M | $105.0M | $128.0M | $142.0M | $121.0M | $169.0M | $96.0M |
| Stock-Based Compensation | — | — | — | — | $11.0M | $14.0M | $17.0M | $14.0M |
| Net Cash from Operating Activities | $3.47B | $5.54B | $5.99B | $2.63B | $1.44B | $935.0M | $2.41B | $1.91B |
| Investing Activities | ||||||||
| Capital Expenditures | $3.87B | $3.22B | $2.75B | $2.01B | $2.16B | $2.02B | $840.0M | $416.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-3.80B | — | — | — | $-2.02B | $-1.96B | $-1.80B | $3.32B |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $1.84B | $2.61B | $1.23B | $312.0M | $3.0M | $4.0M | — | $3.0M |
| Net Cash from Financing Activities | $-383.0M | — | — | — | $-972.0M | $-454.0M | $-2.43B | $-200.0M |
| Net Change in Cash | $-712.0M | $-909.0M | $1.00B | $-1.22B | $-1.55B | $-1.48B | $-1.82B | $5.03B |
| Free Cash Flow | $-396.0M | $2.32B | $3.25B | $629.0M | $-720.0M | $-1.08B | $1.57B | $1.49B |