Adobe Inc. (ADBE)

Statement of Cash Flows
Quarterly Data

Difficulty: Beginner

The cash flow statement provides information about a company’s cash receipts and cash payments during an accounting period, showing how these cash flaws link the ending cash balance to the beginning balance shown on the company’s statement of financial position.

The cash flow statement consists of three parts: cash flows provided by (used in) operating activities, cash flows provided by (used in) investing activities, and cash flows provided by (used in) financing activities.

Adobe Inc., Consolidated Statement of Cash Flows (quarterly data)

USD $ in thousands

	3 months ended	May 31, 2019		Mar 1, 2019		Nov 30, 2018		Aug 31, 2018		Jun 1, 2018		Mar 2, 2018		Dec 1, 2017		Sep 1, 2017		Jun 2, 2017		Mar 3, 2017		Dec 2, 2016		Sep 2, 2016		Jun 3, 2016		Mar 4, 2016		Nov 27, 2015		Aug 28, 2015		May 29, 2015		Feb 27, 2015		Nov 28, 2014		Aug 29, 2014		May 30, 2014		Feb 28, 2014		Nov 29, 2013		Aug 30, 2013		May 31, 2013		Mar 1, 2013
	Net income
	Depreciation, amortization and accretion
	Stock-based compensation
	Deferred income taxes
	Gain on the sale of property
	Write down of assets held for sale
	Unrealized (gains) losses on investments, net
	Excess tax benefits from stock-based compensation
	Other non-cash items
	Trade receivables, net
	Prepaid expenses and other assets
	Trade payables
	Accrued expenses
	Income taxes payable
	Deferred revenue
	Changes in operating assets and liabilities, net of acquired assets and assumed liabilities
	Adjustments to reconcile net income to net cash provided by operating activities
	Net cash provided by operating activities
	Purchases of short-term investments
	Maturities of short-term investments
	Proceeds from sales of short-term investments
	Acquisitions, net of cash acquired
	Purchases of property and equipment
	Proceeds from sale of property
	Purchases of long-term investments, intangibles and other assets
	Proceeds from sale of long-term investments and other assets
	Net cash used for investing activities
	Purchases of treasury stock
	Proceeds from reissuance of treasury stock
	Taxes paid related to net share settlement of equity awards
	Excess tax benefits from stock-based compensation
	Proceeds from debt issuance, net of costs
	Repayment of debt and capital lease obligations
	Net cash provided by (used for) financing activities
	Effect of foreign currency exchange rates on cash and cash equivalents
	Net increase (decrease) in cash and cash equivalents

Item	Description	The company
Net cash provided by operating activities	Amount of cash inflow (outflow) from operating activities, excluding discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.	Adobe Inc.’s net cash provided by operating activities declined from Q4 2018 to Q1 2019 but then increased from Q1 2019 to Q2 2019 exceeding Q4 2018 level.
Net cash used for investing activities	Amount of cash inflow (outflow) of investing activities, excluding discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.	Adobe Inc.’s net cash used for investing activities increased from Q4 2018 to Q1 2019 and from Q1 2019 to Q2 2019.
Net cash provided by (used for) financing activities	Amount of cash inflow (outflow) of financing activities, excluding discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.	Adobe Inc.’s net cash provided by (used for) financing activities declined from Q4 2018 to Q1 2019 but then slightly increased from Q1 2019 to Q2 2019.

	Adobe Inc.	Other companies (not purchased previously)
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Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality

Adobe Inc. (ADBE)

Statement of Cash FlowsQuarterly Data

Statement of Cash Flows
Quarterly Data