Yum! Brands, Inc.
Cash Flow Statement
| Line Item | FY2008 | FY2007 |
|---|---|---|
| Operating Activities | ||
| Net Income | $964.0M | $909.0M |
| Depreciation & Amortization | $556.0M | $542.0M |
| Depreciation | — | — |
| Amortization | $18.0M | — |
| Stock-Based Compensation | $59.0M | $61.0M |
| Net Cash from Operating Activities | $1.52B | $1.55B |
| Investing Activities | ||
| Capital Expenditures | $935.0M | $726.0M |
| Business Acquisitions | $35.0M | $4.0M |
| Net Cash from Investing Activities | $-641.0M | $-416.0M |
| Financing Activities | ||
| Dividends Paid | $322.0M | $273.0M |
| Stock Repurchases | $1.63B | $1.41B |
| Net Cash from Financing Activities | $-1.46B | $-678.0M |
| Net Change in Cash | $-590.0M | $470.0M |
| Free Cash Flow | $586.0M | $825.0M |