Mastercard incorporated (MA)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08Dec'07
Operating Activities
Net income

8,118

5,859

3,915

4,059

3,808

3,617

3,116

2,759

1,906

1,847

1,463

-254

1,085

Adjustments to reconcile net income to net cash provided by operating activities:
Amortization of customer and merchant incentives

1,141

1,235

1,001

860

764

691

603

519

-

-

-

-

-

Depreciation and amortization

522

459

437

373

366

321

258

230

194

148

141

112

97

(Gains) losses on equity investments, net

167

0

0

-

-

-

-

-

-

-

-

-

-

Gain on sale of Redecard S.A. available-for-sale securities

-

-

-

-

-

-

-

-

-

-

-

-86

390

Share-based compensation

250

196

176

149

122

-15

63

0

35

63

88

61

58

Stock units withheld for taxes

-

-

-

-

-

-

-

-

-

-

-

-67

11

Tax benefit for share-based payments

-

-

-

48

42

-

-

-

-

85

39

48

15

Deferred income taxes

-7

-244

86

-20

-16

-91

-119

241

-175

248

337

-484

-5

Deconsolidation, Gain (Loss), Amount

0

0

-167

0

0

-

-

-

-

-

-

-

-

Impairment of assets

-

-

-

-

-

-

-

-

-

-

-

13

8

Accretion of imputed interest on litigation settlements

-

-

-

-

-

-

-

-

-

-

86

77

38

Other

-24

-31

-59

-29

81

-52

-67

-52

17

41

5

15

15

Changes in operating assets and liabilities:
Trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-9

Accounts receivable

246

317

445

338

35

164

42

121

162

115

-122

116

60

Income taxes receivable

202

120

8

1

-

8

-153

185

0

50

-190

198

0

Settlement due from customers

444

1,078

281

10

98

-185

194

500

114

61

-54

-183

356

Prepaid expenses

1,661

1,769

1,402

1,073

802

1,316

598

573

-27

48

113

101

48

Accrued litigation and legal settlements

-662

869

-12

17

-63

-115

160

-44

467

0

0

1,255

-110

Restricted security deposits held for customers

290

-6

94

96

-

-

-

-

-

-

-

-

-

Accrued litigation and legal settlements

-

-

-

-

-

-

-

-

-

-603

-939

-

-

Accounts payable

-42

101

290

145

49

61

-20

-2

67

-19

34

8

-30

Settlement due to customers

477

849

394

66

-186

-165

322

348

74

186

-66

-53

276

Accrued expenses

657

439

589

520

325

389

315

221

296

265

82

51

183

Long-term taxes payable

2

-20

577

0

0

-

-

-

-

-

-

-

-

Net change in other assets and liabilities

-133

261

-27

187

10

35

-51

-3

-52

-6

39

-45

-26

Net cash provided by operating activities

8,183

6,223

5,664

4,637

4,101

3,407

4,135

2,948

2,684

1,697

1,378

413

769

Investing Activities
Purchases of investment securities available-for-sale

643

1,300

714

957

974

2,385

2,526

2,981

899

329

333

520

3,578

Purchases of investments held-to-maturity

215

509

1,145

867

918

0

0

-

-

-

300

-

0

Proceeds from sales of investment securities available-for-sale

1,098

604

304

277

703

2,477

1,488

390

485

297

98

965

-

Proceeds from maturities of investment securities available-for-sale

376

379

500

339

542

1,358

1,321

891

63

110

36

12

-

Proceeds from maturities of investments held-to-maturity

383

929

1,020

456

857

0

36

0

300

0

0

-

-

Purchases of property and equipment

422

330

300

215

177

175

155

96

77

61

57

76

81

Capitalized software

306

174

123

167

165

159

144

122

100

90

83

95

74

Purchases of equity investments

467

91

147

31

-2

-

-

-

74

67

18

-

0

Proceeds from sales and maturities of investment securities available-for-sale

-

-

-

-

-

-

-

-

-

-

-

-

4,042

Acquisition of businesses, net of cash acquired

1,440

0

1,175

0

584

525

0

70

460

498

3

82

0

(Increase) decrease in restricted cash for litigation settlement

-

-

-

-

-

-183

-3

726

0

0

-

-

-

Other investing activities

4

14

1

-2

1

84

27

125

-14

3

4

2

-7

Net cash (used in) provided by investing activities

-1,640

-506

-1,781

-1,163

-715

690

-4

-2,839

-748

-641

-664

202

315

Financing Activities
Investment in (redemption of) non-controlling interest

-

-

-

-

-

-

-

-

-

-

-

-

0

Purchases of treasury stock

6,497

4,933

3,762

3,511

3,518

3,386

2,443

1,748

1,148

0

0

649

600

Dividends paid

1,345

1,044

942

837

727

515

255

132

77

79

79

79

74

Proceeds from debt, net

2,724

991

0

1,972

1,735

1,530

35

0

0

-

-

-

-

Payment of debt

500

0

64

0

0

-

-

-

-

0

-149

-80

0

Contingent consideration paid

199

0

0

-

-

-

-

-

-

-

-

-

-

Tax benefit for share-based payments

-

-

-

48

42

54

19

47

12

85

39

48

15

Tax withholdings related to share-based payments

161

80

47

51

58

-

-

-

-

126

28

-

-

Cash proceeds from exercise of stock options

126

104

57

37

27

28

26

31

19

11

9

9

1

Other financing activities

-15

-4

-6

-2

-17

-50

-11

4

-21

2

-

-

-

Contribution by non-controlling interest

-

-

-

-

-

-

-

-

-

-

-5

-

-

Net cash provided by (used in) financing activities

-5,867

-4,966

-4,764

-2,344

-2,516

-2,339

-2,629

-1,798

-1,215

19

-185

-751

-657

Effect of exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents

-44

-6

200

-50

-260

-220

45

7

-54

-63

21

-18

46

Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents

632

745

-681

1,080

610

1,538

1,547

-1,682

667

1,012

550

-154

474