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.
eBay Inc., Consolidated Statement of Cash Flows (quarterly data)
USD $ in millions
| 3 months ended | Mar 31, 2018 | Dec 31, 2017 | Sep 30, 2017 | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 | Jun 30, 2016 | Mar 31, 2016 | Dec 31, 2015 | Sep 30, 2015 | Jun 30, 2015 | Mar 31, 2015 | Dec 31, 2014 | Sep 30, 2014 | Jun 30, 2014 | Mar 31, 2014 | Dec 31, 2013 | Sep 30, 2013 | Jun 30, 2013 | Mar 31, 2013 | ||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| | Net income (loss) | 407 | (2,601) | 523 | 27 | 1,035 | 5,936 | 413 | 435 | 482 | 477 | 539 | 83 | 626 | 1,023 | 673 | 676 | (2,326) | 850 | 689 | 640 | 677 | |||||||||||||||||||||
| | (Income) loss from discontinued operations, net of income taxes | – | 4 | – | – | – | 12 | 5 | 2 | – | 46 | 6 | 347 | (177) | – | – | – | – | – | – | – | – | |||||||||||||||||||||
| | Provision for transaction losses | 72 | 79 | 68 | 63 | 62 | 59 | 56 | 64 | 52 | 72 | 65 | 65 | 69 | 273 | 249 | 232 | 204 | 238 | 185 | 193 | 175 | |||||||||||||||||||||
| | Depreciation and amortization | 179 | 172 | 173 | 168 | 163 | 176 | 172 | 167 | 167 | 171 | 182 | 174 | 160 | 370 | 365 | 373 | 382 | 367 | 357 | 347 | 329 | |||||||||||||||||||||
| | Stock-based compensation | 120 | 127 | 118 | 137 | 101 | 110 | 105 | 113 | 88 | 78 | 93 | 115 | 93 | 187 | 173 | 166 | 149 | 197 | 140 | 161 | 111 | |||||||||||||||||||||
| | (Gain) loss on sale of investments | – | 49 | – | – | – | (1,261) | 31 | (6) | – | 17 | (110) | (102) | – | – | – | – | – | – | – | – | – | |||||||||||||||||||||
| | Deferred income taxes | (29) | 1,767 | 85 | 442 | (565) | (4,433) | (61) | (34) | (28) | 83 | (115) | – | – | (188) | (64) | (48) | 3,108 | (289) | (89) | (103) | 450 | |||||||||||||||||||||
| | Excess tax benefits from stock-based compensation | – | – | – | – | – | (15) | – | – | – | (74) | – | – | – | (115) | – | – | – | (21) | (19) | (45) | (116) | |||||||||||||||||||||
| | Gain on sale of equity investments | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | (75) | – | – | |||||||||||||||||||||
| | Gain on divested business | – | – | (167) | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||||||
| | Changes in assets and liabilities, and other, net of acquisition effects | (254) | 1,391 | 77 | (138) | (214) | 36 | 81 | 23 | (120) | 256 | 44 | (136) | (270) | 91 | (28) | 95 | (343) | 371 | 146 | (182) | (689) | |||||||||||||||||||||
| | Adjustments | 88 | | 3,585 | | 354 | | 672 | | (453) | | (5,328) | | 384 | | 327 | | 159 | | 603 | | 159 | | 116 | | 52 | | 618 | | 695 | | 818 | | 3,500 | | 863 | | 645 | | 371 | | 260 | |
| | Net cash provided by operating activities | 495 | | 988 | | 877 | | 699 | | 582 | | 620 | | 802 | | 764 | | 641 | | 1,126 | | 704 | | 546 | | 501 | | 1,641 | | 1,368 | | 1,494 | | 1,174 | | 1,713 | | 1,334 | | 1,011 | | 937 | |
| | Purchases of property and equipment | (158) | (192) | (157) | (182) | (135) | (136) | (185) | (147) | (158) | (129) | (242) | (201) | (96) | (369) | (427) | (269) | (206) | (281) | (317) | (353) | (299) | |||||||||||||||||||||
| | Changes in principal loans receivable, net | – | – | – | – | – | – | – | – | – | – | – | – | – | (527) | (261) | (230) | (2) | (399) | (212) | (154) | (29) | |||||||||||||||||||||
| | Purchases of investments | (4,794) | (3,323) | (3,673) | (4,853) | (2,750) | (3,430) | (2,654) | (2,193) | (2,935) | (2,292) | (1,102) | (930) | (2,420) | (1,955) | (3,238) | (2,380) | (1,261) | (1,779) | (3,702) | (598) | (1,426) | |||||||||||||||||||||
| | Equity investment in Flipkart | – | – | (514) | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | |||||||||||||||||||||
| | Maturities and sales of investments | 6,650 | 3,742 | 4,963 | 3,045 | 2,770 | 4,134 | 2,410 | 1,489 | 2,030 | 1,202 | 1,627 | 1,933 | 2,019 | 3,930 | 1,330 | 1,258 | 2,006 | 1,233 | 912 | 750 | 1,048 | |||||||||||||||||||||
| | Acquisitions, net of cash acquired | – | (34) | – | – | – | (11) | (201) | – | – | – | (24) | – | – | – | (20) | (35) | (4) | (784) | (70) | (7) | (8) | |||||||||||||||||||||
| | Repayment of note receivable and sale of related equity investments | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 485 | – | – | |||||||||||||||||||||
| | Other | – | 21 | (3) | (21) | – | 3 | 35 | (47) | (12) | (3) | (12) | (2) | (1) | (7) | – | (5) | (1) | (8) | – | (9) | (5) | |||||||||||||||||||||
| | Net cash (used in) provided by investing activities | 1,698 | | 214 | | 616 | | (2,011) | | (115) | | 560 | | (595) | | (898) | | (1,075) | | (1,222) | | 247 | | 800 | | (498) | | 1,072 | | (2,616) | | (1,661) | | 532 | | (2,018) | | (2,904) | | (371) | | (719) | |
| | Proceeds from issuance of common stock | 9 | 46 | 12 | 51 | 11 | 35 | 15 | 45 | 7 | 48 | 27 | 108 | 38 | 122 | 24 | 99 | 55 | 136 | 57 | 142 | 102 | |||||||||||||||||||||
| | Repurchases of common stock | (1,009) | (922) | (907) | (507) | (410) | (941) | (501) | (500) | (1,001) | (637) | (512) | – | (1,000) | (1,182) | (8) | (1,657) | (1,811) | (255) | (146) | (466) | (476) | |||||||||||||||||||||
| | Tax withholdings related to net share settlements of restricted stock units and awards | (60) | (49) | (40) | (101) | (29) | (25) | (19) | (69) | (8) | (19) | (46) | (129) | (51) | (28) | (14) | (106) | (104) | (20) | (21) | (73) | (153) | |||||||||||||||||||||
| | Net borrowings (repayments) under commercial paper program | – | – | – | – | – | – | – | – | – | – | – | – | – | – | (1,200) | 1,200 | – | – | – | – | – | |||||||||||||||||||||
| | Proceeds from issuance of long-term debt, net | – | – | – | 2,484 | – | – | – | – | 2,216 | – | – | – | – | – | 3,482 | – | – | – | – | – | – | |||||||||||||||||||||
| | Repayment of debt | (750) | (2) | (1,450) | – | – | (3) | (11) | (6) | – | (600) | (250) | – | – | – | – | – | – | (400) | – | – | – | |||||||||||||||||||||
| | Other | (15) | 31 | (17) | 5 | 10 | 8 | 13 | (7) | 8 | (19) | 42 | 20 | 20 | 23 | (3) | 19 | 67 | 39 | 19 | 45 | 116 | |||||||||||||||||||||
| | Net cash provided by (used in) financing activities | (1,825) | | (896) | | (2,402) | | 1,932 | | (418) | | (926) | | (503) | | (537) | | 1,222 | | (1,227) | | (739) | | (1) | | (993) | | (1,065) | | 2,281 | | (445) | | (1,793) | | (500) | | (91) | | (352) | | (411) | |
| | Net cash provided by (used in) discontinued operating activities | – | – | – | – | – | – | – | (1) | – | (86) | (18) | 610 | 650 | – | – | – | – | – | – | – | – | |||||||||||||||||||||
| | Net cash used in discontinued investing activities | – | – | – | – | – | – | – | – | – | 899 | (1,114) | (2,497) | (226) | – | – | – | – | – | – | – | – | |||||||||||||||||||||
| | Net cash provided by (used in) discontinued financing activities | – | – | – | – | – | – | – | – | – | 5 | (1,615) | 8 | 8 | – | – | – | – | – | – | – | – | |||||||||||||||||||||
| | Net cash provided by (used in) discontinued activities | – | | – | | – | | – | | – | | – | | – | | (1) | | – | | 818 | | (2,747) | | (1,879) | | 432 | | – | | – | | – | | – | | – | | – | | – | | – | |
| | Effect of exchange rate changes on cash, cash equivalents and restricted cash | 38 | 54 | 33 | 37 | 114 | (191) | 48 | (13) | 66 | (78) | (37) | 48 | (297) | (110) | (77) | 31 | 8 | 19 | 86 | 37 | (94) | |||||||||||||||||||||
| | Net increase (decrease) in cash, cash equivalents and restricted cash | 406 | | 360 | | (876) | | 657 | | 163 | | 63 | | (248) | | (685) | | 854 | | (583) | | (2,572) | | (486) | | (855) | | 1,538 | | 956 | | (581) | | (79) | | (786) | | (1,575) | | 325 | | (287) | |
| Item | Description | The company |
|---|---|---|
| Net cash provided by operating activities | The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. | eBay Inc.'s net cash provided by operating activities increased from Q3 2017 to Q4 2017 but then declined significantly from Q4 2017 to Q1 2018. |