Zoetis Inc.
Cash Flow Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||
| Net Income | $864.0M | $821.0M | $339.0M | $583.0M | $504.0M | $436.0M | $245.0M |
| Depreciation & Amortization | $242.0M | $240.0M | $199.0M | $204.0M | $209.0M | $200.0M | $205.0M |
| Depreciation | $142.0M | $145.0M | $135.0M | $141.0M | $146.0M | $133.0M | $135.0M |
| Amortization | $100.0M | $95.0M | $64.0M | $63.0M | $63.0M | $67.0M | $70.0M |
| Stock-Based Compensation | $44.0M | $37.0M | $43.0M | $32.0M | $43.0M | $28.0M | $19.0M |
| Net Cash from Operating Activities | $1.35B | $713.0M | $664.0M | $626.0M | $681.0M | $454.0M | $497.0M |
| Investing Activities | |||||||
| Capital Expenditures | $224.0M | $216.0M | $224.0M | $180.0M | $184.0M | $126.0M | $135.0M |
| Business Acquisitions | $0 | $88.0M | $883.0M | $0 | $0 | $0 | $345.0M |
| Net Cash from Investing Activities | $-270.0M | $-214.0M | $-1.12B | $-187.0M | $-179.0M | $-135.0M | $-449.0M |
| Financing Activities | |||||||
| Dividends Paid | — | — | — | — | — | — | — |
| Stock Repurchases | $500.0M | $300.0M | $203.0M | $0 | $0 | — | — |
| Net Cash from Financing Activities | $-251.0M | $-903.0M | $755.0M | $-154.0M | $-200.0M | $-78.0M | $-30.0M |
| Net Change in Cash | $837.0M | $-427.0M | $272.0M | $272.0M | $293.0M | $238.0M | $16.0M |
| Free Cash Flow | $1.12B | $497.0M | $440.0M | $446.0M | $497.0M | $328.0M | $362.0M |