Nike, inc. (NKE)
CashFlow / TTM
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'09May'09Feb'09Nov'08Aug'08
Cash provided (used) by operations:
Net income

4,318

4,572

4,304

4,029

4,177

2,155

2,075

1,933

1,804

3,866

3,941

4,240

4,078

3,887

3,830

3,760

3,779

3,620

3,490

3,273

3,106

2,997

2,876

2,693

2,650

2,834

2,684

2,472

2,354

2,048

2,133

2,211

2,268

2,231

2,219

2,133

2,061

2,035

1,953

1,907

1,726

1,473

1,489

1,487

0

0

0

Adjustments to reconcile net income to net cash provided (used) by operations:
Depreciation

691

699

696

705

723

730

746

747

736

726

712

706

689

681

668

649

634

619

613

606

593

573

543

518

494

473

456

438

423

406

391

373

358

352

343

335

333

326

323

324

328

334

335

335

0

0

0

Deferred income taxes

-405

-111

-26

34

150

741

724

647

490

-286

-282

-273

-273

-111

-99

-80

-162

-201

-179

-113

88

14

0

-11

20

93

61

20

-108

-107

-80

-59

-13

-74

-72

-76

-136

-14

26

8

50

-235

-239

-294

0

0

0

Share-based Payment Arrangement, Noncash Expense

402

382

364

325

286

248

209

218

211

207

208

215

222

231

239

236

227

215

202

191

186

181

178

177

177

179

179

174

163

152

142

130

122

116

109

105

99

94

89

159

182

182

183

171

0

0

0

Amortization and other

-

0

18

-

-

27

24

27

26

8

9

10

2

17

9

13

33

36

46

43

43

32

46

68

0

0

0

-

-

-

31

23

60

29

64

23

61

70

54

72

61

48

43

48

0

0

0

Net foreign currency adjustments

34

-29

-116

-233

-249

-178

-86

99

157

150

75

117

184

10

-5

-98

-205

-255

-403

-424

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in certain working capital components and other assets and liabilities:
(Increase) decrease in accounts receivable

285

514

432

270

276

280

6

-187

-123

-35

243

426

362

119

276

-60

231

178

-39

216

152

386

399

298

151

-31

-163

-142

52

210

305

323

336

328

332

273

77

139

-6

-182

-224

-220

-148

238

0

0

0

(Increase) decrease in inventories

719

835

735

490

236

275

184

255

319

174

265

231

388

536

552

590

470

657

610

621

666

546

555

505

463

455

263

219

229

301

434

815

843

854

831

551

329

219

-72

-285

-429

-410

-184

-32

0

0

0

(Increase) decrease in prepaid expenses, operating lease right-of-use assets and other current and non-current assets

530

146

82

203

-342

-119

-495

-35

442

243

600

120

164

132

151

161

262

200

217

144

19

143

108

210

171

120

67

28

71

119

145

141

192

100

107

35

26

59

2

70

-33

12

90

-14

0

0

0

Increase (decrease) in accounts payable, accrued liabilities, operating lease liabilities and other current and non-current liabilities

669

284

773

1,525

735

2,239

1,512

1,515

1,175

-15

228

-158

751

225

23

-586

-499

660

701

1,237

1,079

591

388

525

264

-195

-101

27

223

438

539

425

343

390

294

151

259

340

146

297

-73

-347

-369

-220

0

0

0

Cash provided (used) by operations

4,496

4,384

4,996

5,903

6,163

5,882

5,681

4,955

3,647

3,974

3,633

3,846

4,371

4,133

3,696

3,399

3,254

4,169

4,488

4,680

4,666

3,612

3,078

3,013

3,025

2,735

3,115

3,032

2,591

2,472

2,272

1,824

1,767

1,762

1,687

1,812

2,245

2,434

2,667

3,164

2,962

2,474

2,087

1,736

0

0

0

Cash provided (used) by investing activities:
Purchases of short-term investments

2,328

2,323

2,461

2,937

3,523

3,552

4,100

4,783

5,543

6,572

6,312

5,928

5,637

4,874

5,458

5,367

4,941

5,199

4,828

4,936

4,905

5,126

5,265

5,386

6,487

5,602

4,896

4,133

3,225

3,101

2,702

3,245

3,488

5,776

7,060

7,616

7,323

5,507

4,837

3,724

3,590

3,090

2,757

2,909

0

0

0

Maturities of short-term investments

122

553

1,331

1,715

2,125

2,565

2,610

3,613

4,291

4,109

4,464

3,623

3,336

3,157

2,765

2,924

3,052

3,303

3,302

3,655

3,671

4,132

4,188

3,932

3,663

2,653

2,157

1,663

1,447

1,753

2,195

2,663

3,285

4,057

4,330

4,313

4,117

3,782

3,013

2,334

1,733

1,231

1,172

1,280

0

0

0

Sales of short-term investments

2,345

2,082

2,019

2,072

2,190

2,423

2,564

2,496

2,315

2,063

1,981

2,423

2,352

2,540

2,896

2,386

2,437

2,421

1,904

2,216

2,055

1,625

1,638

1,126

1,181

972

917

1,330

1,467

1,549

1,495

1,721

1,340

3,281

3,291

2,766

2,665

655

494

453

725

866

1,166

1,110

0

0

0

Investments in reverse repurchase agreements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

100

0

0

0

0

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Additions to property, plant and equipment

1,070

1,011

1,060

1,119

1,146

1,160

1,101

1,028

1,057

1,091

1,098

1,105

1,018

1,040

1,093

1,143

1,141

1,091

1,028

963

933

918

897

880

843

797

736

598

609

554

556

563

508

500

457

432

398

353

344

335

360

404

429

456

0

0

0

Disposals of property, plant and equipment

-

-

-

-

-

-

-

3

0

0

0

-

-

-

-

10

9

10

10

3

5

4

4

3

14

15

15

14

2

1

1

2

1

2

2

1

1

1

10

10

28

28

19

33

0

0

0

Other investing activities

-25

113

113

0

0

0

0

-

-

-

-

34

25

47

36

-6

0

0

0

-

-

-

-

2

-15

-9

-2

2

2

-11

-13

14

50

63

59

30

0

0

0

-

-

-

-

47

0

0

0

Settlement of net investment hedges

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-22

1

19

67

23

-46

-60

-58

-5

84

61

-157

-191

0

0

0

Cash provided (used) by investing activities

-901

-807

-279

-264

-371

257

-45

276

6

-1,470

-944

-1,008

-978

-101

-725

-1,034

-337

-706

-840

-175

-358

-184

-233

-1,207

-2,457

-2,289

-1,855

-940

-126

-86

490

586

579

982

-20

-1,021

-906

-1,374

-1,620

-1,268

-1,560

-1,452

-701

-798

0

0

0

Cash provided (used) by financing activities:
Long-term debt payments, including current portion

-

-

-

-

-

-

-

6

5

44

43

44

45

6

107

106

106

106

6

7

7

7

60

60

60

61

9

49

49

114

113

203

203

138

138

8

7

7

7

32

32

32

32

7

0

0

0

Increase (decrease) in notes payable

-5

293

237

-325

7

-1,218

-317

13

-11

1,210

315

327

25

-79

2

-67

-48

28

-94

-63

-45

-42

55

75

54

79

-6

10

33

-8

-10

-47

-41

7

55

41

27

25

12

-205

-231

-221

-117

177

0

0

0

Payments on capital lease and other financing obligations

-

-

-

-

-

-

-

23

19

22

21

17

16

10

9

7

8

10

13

19

24

29

23

17

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Proceeds from exercise of stock options and other stock issuances

891

843

624

700

666

753

762

733

704

571

535

489

476

417

491

507

512

529

515

514

447

463

416

383

437

430

368

313

280

300

360

468

438

401

445

345

420

413

364

364

261

226

188

187

0

0

0

Excess tax benefits from share-based payment arrangements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

299

303

249

218

174

177

149

132

146

129

91

72

64

70

93

115

95

83

88

64

75

73

57

58

40

28

23

25

0

0

0

Repurchase of common stock

3,746

3,570

3,925

4,286

4,965

5,115

4,810

4,254

3,488

3,045

2,973

3,223

2,969

3,952

3,704

3,238

3,377

2,531

2,303

2,534

2,767

2,943

2,921

2,628

1,958

1,423

1,434

1,674

1,661

1,668

1,954

1,814

2,192

2,399

1,997

1,859

1,467

1,333

1,214

741

525

192

245

649

0

0

0

Dividends — common and preferred

1,417

1,383

1,357

1,332

1,309

1,286

1,263

1,243

1,219

1,192

1,164

1,133

1,104

1,079

1,051

1,022

993

962

930

899

870

840

820

799

775

751

726

703

680

657

639

619

601

584

569

555

538

522

515

505

496

485

475

467

0

0

0

Other financing activities

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Tax payments for net share settlement of equity awards

-

-

-

-

-

-

-

55

75

74

75

29

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash provided (used) by financing activities

-4,336

-3,871

-4,471

-5,293

-5,654

-6,911

-5,669

-4,835

-4,113

-2,596

-1,944

-2,148

-2,412

-3,458

-3,502

-2,974

-2,740

-1,768

-2,582

-2,790

-3,092

-3,221

-3,204

-2,914

-1,179

-611

-730

-1,045

-2,013

-2,077

-2,263

-2,100

-2,504

-2,630

-2,116

-1,972

-1,490

-1,351

-1,303

-1,061

-985

-677

-658

-734

0

0

0

Effect of exchange rate changes on cash and equivalents

-91

-59

-82

-129

-105

-109

-98

45

101

57

9

-20

-4

-86

-56

-105

-148

-117

-123

-83

-65

-20

1

-9

-19

23

29

36

99

68

73

67

47

47

47

57

58

24

5

-47

-83

-30

-92

-47

0

0

0

Net increase (decrease) in cash and equivalents

-832

-353

164

217

33

-881

-131

441

-359

-35

754

670

977

488

-587

-714

29

1,578

943

1,632

1,151

187

-358

-1,117

-630

-142

559

1,083

551

377

572

377

-111

161

-402

-1,124

-93

-267

-251

788

332

313

635

157

0

0

0

Supplemental disclosure of cash flow information:
Non-cash additions to property, plant and equipment

104

118

140

160

275

330

306

294

208

238

268

266

400

171

196

252

211

266

233

206

145

191

185

167

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Dividends declared and not paid

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

130

131

131

121

0

0

0