Microsoft Excel LibreOffice Calc

Facebook Inc. (FB)


Statement of Cash Flows

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.

Facebook Inc., Consolidated Statement of Cash Flows

USD $ in millions

Microsoft Excel LibreOffice Calc
12 months ended Dec 31, 2018 Dec 31, 2017 Dec 31, 2016 Dec 31, 2015 Dec 31, 2014
Net income 22,112  15,934  10,217  3,688  2,940 
Depreciation and amortization 4,315  3,025  2,342  1,945  1,243 
Lease abandonment –  –  –  –  (31)
Share-based compensation 4,152  3,723  3,218  2,960  1,786 
Deferred income taxes 286  (377) (457) (795) (210)
Tax benefit from share-based award activity –  –  –  1,721  1,853 
Excess tax benefit from share-based award activity –  –  –  (1,721) (1,869)
Other (64) 24  30  17 
Accounts receivable (1,892) (1,609) (1,489) (973) (610)
Prepaid expenses and other current assets (690) (192) (159) (144) (123)
Other assets (159) 154  14  (3) (216)
Accounts payable 221  43  14  18  31 
Partners payable 157  95  67  17  (28)
Accrued expenses and other current liabilities 1,417  309  1,014  513  328 
Deferred revenue and deposits 53  35  (9) 10 
Other liabilities (634) 3,083  1,262  1,365  346 
Changes in assets and liabilities (1,527) 1,887  758  784  (262)
Adjustments to reconcile net income to net cash provided by operating activities 7,162  8,282  5,891  4,911  2,517 
Net cash provided by operating activities 29,274  24,216  16,108  8,599  5,457 
Purchases of property and equipment, net (13,915) (6,733) (4,491) (2,523) (1,831)
Purchases of marketable securities (14,656) (25,682) (22,341) (15,938) (9,104)
Sales of marketable securities 12,358  9,444  13,894  6,928  8,438 
Maturities of marketable securities 4,772  2,988  1,261  2,310  1,909 
Acquisitions of businesses, net of cash acquired, and purchases of intangible assets (137) (122) (123) (313) (4,975)
Change in restricted cash and deposits –  67  61  102  (348)
Other investing activities, net (25) –  –  –  (2)
Net cash used in investing activities (11,603) (20,038) (11,739) (9,434) (5,913)
Taxes paid related to net share settlement of equity awards (3,208) (3,246) (6) (20) – 
Principal payments on capital lease and other financing obligations –  –  (312) (119) (243)
Repurchases of Class A common stock (12,879) (1,976) –  –  – 
Net change in overdraft in cash pooling entities 500  –  –  –  – 
Excess tax benefit from share-based award activity –  –  –  1,721  1,869 
Other financing activities, net 15  (13) –  (55)
Net cash provided by (used in) financing activities (15,572) (5,235) (310) 1,582  1,571 
Effect of exchange rate changes on cash, cash equivalents, and restricted cash (179) 233  (63) (155) (123)
Net increase (decrease) in cash, cash equivalents, and restricted cash 1,920  (824) 3,996  592  992 
Cash, cash equivalents, and restricted cash at beginning of the period 8,204  8,903  4,907  4,315  3,323 
Cash, cash equivalents, and restricted cash at end of the period 10,124  8,079  8,903  4,907  4,315 

Based on: 10-K (filing date: 2019-01-31), 10-K (filing date: 2018-02-01), 10-K (filing date: 2017-02-03), 10-K (filing date: 2016-01-28), 10-K (filing date: 2015-01-29).

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. Facebook Inc.’s net cash provided by operating activities increased from 2016 to 2017 and from 2017 to 2018.
Net cash used in 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. Facebook Inc.’s net cash used in investing activities declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
Net cash provided by (used in) 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. Facebook Inc.’s net cash provided by (used in) financing activities declined from 2016 to 2017 and from 2017 to 2018.