Walt Disney Co. (DIS)

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.

Walt Disney Co., Consolidated Statement of Cash Flows

USD $ in millions

	12 months ended	Sep 29, 2018		Sep 30, 2017		Oct 1, 2016		Oct 3, 2015		Sep 27, 2014		Sep 28, 2013
	Net income
	Depreciation and amortization
	Gains on acquisitions and sales of investments
	Deferred income taxes
	Equity in the (income) loss of investees
	Cash distributions received from equity investees
	Net change in film and television costs and advances
	Equity-based compensation
	Other
	Receivables
	Inventories
	Other assets
	Accounts payable and other accrued liabilities
	Income taxes
	Changes in operating assets and liabilities
	Cash provided by operations
	Investments in parks, resorts and other property
	Acquisitions
	Other
	Cash used in investing activities
	Commercial paper borrowings (payments), net
	Borrowings
	Reduction of borrowings
	Dividends
	Repurchases of common stock
	Proceeds from exercise of stock options
	Contributions from noncontrolling interest holders
	Other
	Cash used in financing activities
	Impact of exchange rates on cash, cash equivalents and restricted cash
	Change in cash, cash equivalents and restricted cash
	Cash, cash equivalents and restricted cash, beginning of year
	Cash, cash equivalents and restricted cash, end of year

Based on: 10-K (filing date: 2018-11-21), 10-K (filing date: 2017-11-22), 10-K (filing date: 2016-11-23), 10-K (filing date: 2015-11-25), 10-K (filing date: 2014-11-19), 10-K (filing date: 2013-11-20).

Item	Description	The company
Cash provided by operations	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.	Walt Disney Co.’s cash provided by operations declined from 2016 to 2017 but then increased from 2017 to 2018 exceeding 2016 level.
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.	Walt Disney Co.’s cash used in investing activities increased from 2016 to 2017 but then slightly declined from 2017 to 2018 not reaching 2016 level.
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.	Walt Disney Co.’s cash used in financing activities declined from 2016 to 2017 but then slightly increased from 2017 to 2018.

	Walt Disney Co.	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