Valero Energy Corp.
Cash Flow Statement
| Line Item | FY2009 | FY2008 | FY2007 |
|---|---|---|---|
| Operating Activities | |||
| Net Income | $-1.98B | $-1.13B | $5.23B |
| Depreciation & Amortization | $1.36B | $1.36B | $1.24B |
| Depreciation | $919.0M | $875.0M | — |
| Amortization | $25.0M | $33.0M | — |
| Stock-Based Compensation | $66.0M | $59.0M | $100.0M |
| Net Cash from Operating Activities | $1.82B | $3.10B | $5.26B |
| Investing Activities | |||
| Capital Expenditures | $2.31B | $2.89B | $2.26B |
| Business Acquisitions | $577.0M | $0 | $0 |
| Net Cash from Investing Activities | $-3.29B | $-2.97B | $-582.0M |
| Financing Activities | |||
| Dividends Paid | $324.0M | $299.0M | $271.0M |
| Stock Repurchases | $4.0M | $955.0M | $5.79B |
| Net Cash from Financing Activities | $1.29B | $-1.61B | $-3.83B |
| Net Change in Cash | $-115.0M | $-1.52B | $874.0M |
| Free Cash Flow | $-483.0M | $202.0M | $3.00B |