Fedex corp (FDX)
CashFlow / Quarterly
Feb'20Nov'19Aug'19May'19Feb'19Nov'18Aug'18May'18Feb'18Nov'17Aug'17May'17Feb'17Nov'16Aug'16May'16Feb'16Nov'15Aug'15May'15Feb'15Nov'14Aug'14May'14Feb'14Nov'13Aug'13May'13Feb'13Nov'12Aug'12May'12Feb'12Nov'11Aug'11May'11Feb'11Nov'10Aug'10May'10Feb'10Nov'09Aug'09
Operating Activities:
Net income

315

560

745

-1,969

739

935

835

1,127

2,074

775

596

1,020

562

700

715

-70

507

691

692

-894

628

663

653

957

378

500

489

1,458

361

438

459

550

521

497

464

558

231

283

380

419

239

345

181

Adjustments to reconcile net income to cash provided by operating activities:
Depreciation and amortization

908

901

879

866

851

828

808

802

786

756

751

754

762

740

739

667

663

653

648

657

652

651

651

649

652

647

639

622

599

592

573

543

543

518

509

499

493

502

479

488

488

487

495

Provision for uncollectible accounts

87

103

105

74

61

78

82

69

61

56

60

21

39

37

39

31

33

29

28

33

34

43

35

35

30

28

37

37

37

46

47

37

39

41

43

44

42

35

31

24

32

33

35

Stock-based compensation

33

37

67

33

33

40

68

32

32

41

62

31

30

36

57

29

29

33

53

27

27

31

48

23

23

26

45

22

23

24

40

22

23

23

37

20

22

22

34

21

22

23

35

Deferred income taxes and other noncash items

-

470

694

-

-

213

23

683

-1,241

230

97

435

154

147

173

-257

336

-68

20

-792

257

-15

-22

-53

191

112

89

241

226

145

122

432

416

147

131

193

336

107

33

148

133

-2

52

Changes in assets and liabilities:
Receivables

-180

417

267

93

-563

963

380

63

3

712

271

216

-173

533

-20

121

341

-313

50

592

117

-231

-86

-274

143

-395

10

-171

223

-506

3

-167

204

-250

-41

-116

-205

-117

38

-261

-237

-356

-52

Other assets

-13

44

118

-71

-15

-9

120

-16

-187

196

142

-313

-15

246

4

-88

435

-24

-89

13

8

-16

-30

128

-24

-95

-31

144

19

-53

147

-78

-109

-45

1

98

-159

-23

-30

38

-2

-2

242

Accounts payable and other liabilities

-921

-154

-1,537

736

-1,080

357

-584

2,922

-2,217

-24

-540

1,745

-1,709

820

-753

613

-212

217

-151

1,258

-398

56

-257

658

-417

-133

-343

580

-225

129

-474

804

-779

382

-263

430

-313

413

-160

422

-16

439

-135

Other, net

5

13

3

11

52

19

31

16

15

18

23

106

16

2

15

220

20

-5

-10

63

-3

-13

-10

1

-7

-10

-6

3

-5

0

-14

-6

-9

-5

-21

-2

-1

-7

-9

524

-108

-508

45

Cash provided by operating activities

1,204

1,509

565

2,290

1,144

1,478

701

3,512

-336

908

590

2,285

10

1,664

971

1,912

1,342

1,213

1,241

1,893

1,322

1,169

982

1,686

969

680

929

1,712

1,258

815

903

1,818

849

1,308

860

1,584

446

1,215

796

1,230

551

459

898

Investing Activities:
Capital expenditures

1,439

1,848

1,418

1,733

1,123

1,455

1,179

1,669

1,373

1,577

1,044

1,326

1,109

1,466

1,215

1,256

1,000

1,353

1,209

1,378

1,079

1,170

720

979

864

1,118

572

945

542

916

972

1,061

729

1,107

1,110

731

644

1,047

1,012

835

432

669

880

Business acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

483

2

0

3

111

-

-

-

-

-

-

-

-

Proceeds from asset dispositions and other

-11

-5

1

-21

-9

25

-78

-21

-9

-6

-6

-12

-23

-91

-9

-7

5

2

10

-40

9

3

4

-5

4

9

10

10

25

8

12

54

5

10

5

96

8

4

3

4

-2

7

26

Cash used in investing activities

-1,428

-1,843

-1,419

-1,778

-1,114

-1,480

-1,101

-1,660

-1,364

-1,615

-1,038

-1,314

-1,086

-1,375

-1,206

-5,867

-1,029

-1,351

-1,199

-1,370

-2,499

-1,167

-716

-1,020

-860

-1,109

-562

-935

-517

-908

-1,443

-1,009

-724

-1,100

-1,216

-635

-732

-1,043

-1,009

-831

-434

-662

-854

Financing Activities:
Proceeds from short-term borrowings, net

-

-

-

-

-28

-51

299

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Principal payments on debt

24

36

985

562

89

783

2

7

3

16

12

33

6

31

12

13

11

2

15

-

-

-

-

-

-

-

-

0

0

116

301

1

10

1

17

0

250

0

12

21

7

117

508

Proceeds from debt issuances

0

0

2,093

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

748

0

0

991

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from stock issuances

12

14

12

43

13

20

25

43

79

55

150

72

101

124

40

104

17

16

46

48

83

92

97

95

82

249

131

59

168

23

30

45

51

4

28

44

39

17

8

58

12

17

7

Excess tax benefit on the exercise of stock options

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

-

8

13

10

17

7

6

14

14

3

2

4

11

2

1

4

12

7

3

1

16

4

4

1

Dividends paid

170

169

170

169

341

0

173

133

134

134

134

107

106

107

106

67

69

70

71

56

57

57

57

45

47

47

48

45

44

44

44

41

41

41

41

38

37

38

38

35

34

35

34

Purchase of treasury stock

0

0

3

115

94

646

625

459

288

184

86

151

24

112

222

589

1,032

911

190

238

69

156

791

873

2,765

941

278

0

0

0

246

-

-

-

-

-

-

-

-

-

-

-

-

Other, net

0

0

-5

-9

4

-3

4

4

3

9

-6

16

7

8

-13

-

-

-

-

-

-

-

-

-

-

-

-

-9

0

0

-9

-

-

-

-

-

-

-

-

-4

0

0

-16

Cash provided by financing activities

-34

-41

942

-1,032

695

-230

-472

-1,350

1,685

-20

-88

-203

1,162

-118

-313

4,672

-1,094

257

-224

-234

2,433

-109

-741

-807

-995

-736

-181

767

127

-135

425

14

2

-234

-26

13

-241

-18

-41

14

-25

-131

-550

Effect of exchange rate changes on cash

-7

17

-18

-33

24

-14

-24

-26

36

-8

70

28

28

-101

3

-24

-25

-15

-38

-4

-44

-43

-17

7

-7

4

-7

1

-13

2

15

-20

17

-37

13

7

9

14

11

-10

-8

10

3

Net decrease in cash and cash equivalents

-265

-358

70

-553

749

-246

-896

476

21

-735

-466

796

114

70

-545

693

-806

104

-220

285

1,212

-150

-492

-134

-893

-1,161

179

1,545

855

-226

-100

803

144

-63

-369

969

-518

168

-243

403

84

-324

-503