eBay Inc. (EBAY)

Cash Flow Statement

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 balance sheet.

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.

eBay Inc., consolidated cash flow statement

US$ in millions

	12 months ended	Dec 31, 2018		Dec 31, 2017		Dec 31, 2016		Dec 31, 2015		Dec 31, 2014
	Net income (loss)
	(Income) loss from discontinued operations, net of income taxes
	Provision for transaction losses
	Depreciation and amortization
	Stock-based compensation
	(Gain) loss on investments, net
	Gain on sale of business
	Deferred income taxes
	Change in fair value of warrant
	Other
	Accounts receivable
	Other current assets
	Other non-current assets
	Accounts payable
	Accrued expenses and other liabilities
	Deferred revenue
	Income taxes payable and other tax liabilities
	Changes in assets and liabilities, net of acquisition effects
	Adjustments
	Net cash provided by operating activities
	Purchases of property and equipment
	Purchases of investments
	Maturities and sales of investments
	Equity investment in Flipkart
	Proceeds from sale of equity investment in Flipkart
	Acquisitions, net of cash acquired
	Changes in principal loans receivable, net
	Other
	Net cash (used in) provided by investing activities
	Proceeds from issuance of common stock
	Repurchases of common stock
	Tax withholdings related to net share settlements of restricted stock awards and units
	Proceeds from issuance of long-term debt, net
	Repayment of debt
	Funds receivable and customer accounts, net
	Funds payable and amounts due to customers, net
	Other
	Net cash used in financing activities
	Net cash provided by (used in) discontinued operating activities
	Net cash used in discontinued investing activities
	Net cash used in discontinued financing activities
	Net cash used in discontinued activities
	Effect of exchange rate changes on cash, cash equivalents and restricted cash
	Net increase (decrease) in cash, cash equivalents and restricted cash
	Cash, cash equivalents and restricted cash at beginning of period
	Cash, cash equivalents and restricted cash at end of period

Based on: 10-K (filing date: 2019-01-30), 10-K (filing date: 2018-02-05), 10-K (filing date: 2017-02-06), 10-K (filing date: 2016-02-01), 10-K (filing date: 2015-02-06).

Cash flow statement 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.	eBay Inc.’s net cash provided by operating activities increased from 2016 to 2017 but then declined significantly from 2017 to 2018.
Net cash (used in) provided by 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.	eBay Inc.’s net cash (used in) provided by investing activities increased from 2016 to 2017 and from 2017 to 2018.
Net cash 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.	eBay Inc.’s net cash used in financing activities declined from 2016 to 2017 and from 2017 to 2018.

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

	All companies
Financial Statements
Common-Size Financial Statements
Ratios
Relative Valuation
Discounted Cash Flow (DCF) Valuation
Economic Value Added (EVA)
Long-term Trends
Analysis
Financial Reporting Quality