Fidelity national information services, inc. (FIS)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Cash flows from operating activities:
Net earnings

303

881

1,294

547

643

707

517

481

481

357

108

219

561

Adjustment to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization

2,444

1,420

1,366

1,153

656

626

614

632

637

619

434

439

483

Amortization of debt issue costs

24

17

19

19

11

20

19

29

38

13

5

16

30

Acquisition-related financing foreign exchange

-125

0

0

-

-

-

-

-

-

-

-

-

-

Asset impairments

87

95

0

0

-

-

-

-

43

197

136

26

13

Gain on mFoundry acquisition

-

-

-

-

-

-

9

0

0

-

-

-

-

Loss (gain) on sale of businesses, investments and other

-18

-50

62

0

149

0

31

23

0

0

-

-

-

Loss on extinguishment of debt

-217

-1

-196

0

0

-

-

-

-

-

-

-

-

Gain on note foregiveness

-

-

-

-

-

-

-

-

-

19

0

-

-

Stock-based compensation

402

84

107

137

98

56

53

83

64

58

71

60

39

Deferred income taxes

-109

-116

-985

-190

44

-6

1

-40

1

-55

-60

37

17

Excess income tax benefit from exercise of stock options

-

-

-

32

29

40

40

-30

-7

-22

-2

-

-47

Equity in losses of unconsolidated entities

-

-

-

-

-

-

-

-

-

-

-

2

-0

Other operating activities, net

-

-

-

2

-4

-21

0

0

-3

1

-8

33

-

Net changes in assets and liabilities, net of effects from acquisitions and foreign currency:
Trade and other receivables

161

-78

232

-42

68

115

56

68

31

21

-92

39

161

Contract assets

-17

20

-62

-19

38

-

-

-

-

-

-

-

-

Settlement activity

165

-9

51

-15

-5

6

1

16

-71

61

-5

-8

-

Prepaid expenses and other assets

129

-4

2

8

46

34

41

9

-0

-8

-30

12

70

Deferred contract costs

379

248

153

121

107

87

67

60

64

56

58

62

57

Deferred revenue

40

-100

67

251

78

33

-60

-11

-25

-25

50

9

-11

Accounts payable, accrued liabilities, and other liabilities

-74

-162

115

95

29

-10

161

79

-41

80

-106

-143

34

Net cash provided by operating activities

2,410

1,993

1,741

1,925

1,131

1,165

1,060

1,046

1,171

1,071

714

596

463

Cash flows from investing activities:
Additions to property and equipment

200

127

145

145

133

149

131

123

123

132

52

76

113

Additions to software

628

495

468

471

282

223

204

172

-176

181

160

178

229

Proceeds from sale of Covansys stock

-

-

-

-

-

-

-

-

-

-

-

-

430

Investment in Brazilian Venture

-

-

-

-

-

-

-

-

-

-

-

-25

-

Acquisitions, net of cash acquired

6,632

0

0

-

1,720

595

150

63

20

403

-435

19

1,729

Net proceeds from sale of businesses and investments

49

-16

1,307

0

241

0

26

339

0

71

19

32

96

Collection of FNF note

-

-

-

-

-

-

-

-

-

-

-5

-

-

Other investing activities, net

90

30

4

3

4

18

4

3

-21

-1

0

4

-

Net cash provided by (used in) investing activities

-7,501

-668

690

-619

-1,898

-985

-464

-23

-299

-644

248

-273

-1,545

Cash flows from financing activities:
Gain on sale of Property Insight

-

-

-

-

-

-

-

-

-

-

-

-

66

(Gain) loss on sale of other assets

-

-

-

-

-

-

-

-

-

-

-

-

4

Gain on pension settlement

-

-

-

-

-

-

-

-

-

-

-

-

-12

Gain on sale of Covansys stock

-

-

-

-

-

-

-

-

-

-

-

-

274

Borrowings

33,352

26,371

9,615

7,745

13,216

7,936

10,494

11,160

9,547

11,015

4,619

5,160

4,300

Repayment of borrowings and other financing obligations

24,672

26,148

11,689

8,749

11,561

7,364

10,421

11,587

9,961

9,082

5,606

5,337

3,032

Debt issuance costs

101

30

13

25

37

14

18

48

20

70

2

-

29

Stock issued under investment agreement for Metavante acquisition

-

-

-

-

-

-

-

-

-

-

241

-

-

Excess income tax benefit from exercise of stock options

-

-

-

32

29

40

40

30

7

22

2

-

47

Proceeds from stock issued under stock-based compensation plans

161

288

208

112

57

61

143

276

69

209

24

19

57

Treasury stock activity

453

1,255

153

40

320

522

475

511

364

2,539

0

236

80

Dividends paid

656

421

385

341

305

275

256

234

60

67

47

38

38

Distribution to Brazilian Venture partner

0

26

23

20

24

35

0

0

-

-

-

-

-

Cash transferred in LPS spin-off

-

-

-

-

-

-

-

-

-

-

-

-20

-

Noncontrolling interest contribution to Brazilian Venture

-

-

-

-

-

-

-

-

-

-

-

14

-

Other financing activities, net

-50

-15

-40

-23

-40

-25

-51

-6

-2

-4

-2

-

-

Net cash provided by (used in) financing activities

7,581

-1,236

-2,480

-1,309

1,015

-198

-546

-920

-784

-519

-770

-438

1,224

Effect of foreign currency exchange rate changes on cash

18

-51

31

4

-59

-37

-19

-0

-10

-1

17

-19

1

Net increase (decrease) in cash and cash equivalents

2,508

38

-18

1

189

-55

29

102

77

-92

210

-134

143

Supplemental cash flow information:
Cash paid for interest

332

298

354

351

142

169

193

200

264

131

155

197

201

Cash paid for income taxes

321

503

545

341

355

292

320

316

205

235

133

57

282

Noncash distribution of net assets of LPS

-

-

-

-

-

-

-

-

-

-

-

84

-

Retirement of Term Loan B in connection with LPS spin-off

-

-

-

-

-

-

-

-

-

-

-

1,585

-

Net decrease (increase) in settlement receivables

-

-

-

-

-

-

-

-

-

-

-

-

8