NetApp, Inc. NTAP Cash Flow

Netapp, inc. (NTAP)

CashFlow / TTM

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10	Jan'10	Oct'09	Jul'09
Cash flows from operating activities:
Net income
1,019	991	989	1,169	1,063	335	268	116	-12	613	548	481	311	318	323	229	372	396	442	560	622	637	644	638	614	580	523	505	512	473	529	605	585	652	661	673	657	579	499	400	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
194	198	197	197	197	194	196	198	203	211	217	226	250	260	270	279	274	288	298	307	317	320	326	334	341	343	348	344	338	325	307	293	252	220	193	165	163	163	163	166	0	0	0
Stock-based compensation
155	162	160	158	157	152	153	161	171	179	191	195	210	227	235	260	262	265	274	259	263	269	268	273	270	266	263	276	271	280	278	257	246	214	189	175	164	156	151	159	0	0	0
Accretion of discount and issuance costs on long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	54	60	58	56	53	52	52	52	53	53	52	51	50	50	0	0	0
Deferred income taxes
-5	-1	16	-3	4	205	244	270	246	86	55	74	64	-6	-43	-113	-109	-80	-62	-3	-43	-69	-57	-76	-49	-35	-68	-76	-54	-39	-55	-60	-49	-67	-61	-26	-49	-39	2	-11	0	0	0
Unrealized losses (gains) on derivative activities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0
Tax benefit (charge) from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	76	34	-31	-0	0	0	0
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	72	91	94	52	53	38	68	72	85	72	86	113	145	170	159	127	0	0	0	-	-	-	-
Other items, net
-22	4	0	2	-11	-11	-24	-27	-7	3	5	-7	32	82	78	70	93	60	58	35	-46	-86	-90	-27	-29	-24	-60	-70	-80	-138	-89	-97	-195	-129	-136	-143	-20	-17	-9	-9	0	0	0
Changes in assets and liabilities, net of acquisitions of businesses:
Accounts receivable
-44	19	-64	185	114	166	92	289	128	28	-5	-90	-2	-59	66	16	-78	-42	-165	-75	83	44	51	57	-43	-19	-44	-23	-46	-6	-8	90	129	168	209	262	106	-131	46	21	0	0	0
Inventories
13	25	19	9	10	-14	-37	-36	-29	9	59	66	22	-29	-113	-49	-15	18	89	24	-0	-8	-12	-17	-54	-97	-87	-22	19	49	65	16	23	44	13	-4	44	20	26	52	0	0	0
Other operating assets
-47	13	19	73	96	86	94	38	-25	-5	-54	-25	-43	-99	-124	-109	-85	-49	-43	-13	-6	-5	-8	-75	-60	-32	-3	77	47	41	53	37	74	40	14	-6	32	4	39	36	0	0	0
Accounts payable
-114	-87	-75	-57	46	101	143	262	196	141	66	94	73	-6	-50	-53	-28	11	68	39	11	-3	-36	-12	-28	-29	-54	25	5	-20	30	11	30	102	95	38	40	41	22	42	0	0	0
Accrued expenses
-146	-111	-14	42	19	68	76	162	93	-16	-23	-86	-13	-20	-49	30	17	-19	41	-67	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0
Deferred revenue and financed unearned services revenue
233	275	276	343	255	173	154	139	26	-7	-42	-23	90	144	224	186	36	30	27	122	168	129	135	107	108	173	190	198	334	336	392	506	465	481	423	382	268	219	212	176	0	0	0
Long-term taxes payable
-237	-150	-172	-164	-69	649	719	714	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued compensation and other current liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	77	108	53	-48	0	0	0	-	-	-	-	-	-	-	-
Other operating liabilities
-	-	-5	-	-	-	-8	-8	-8	0	7	-1	42	44	34	34	-13	-23	-26	7	40	51	63	44	34	36	34	34	-4	-7	-3	5	8	-8	-7	1	50	81	81	46	0	0	0
Net cash provided by operating activities
1,076	1,107	1,325	1,341	1,436	1,405	1,554	1,478	1,349	1,164	1,008	986	966	1,086	1,073	974	1,025	945	1,181	1,268	1,241	1,298	1,280	1,350	1,435	1,469	1,442	1,386	1,513	1,417	1,451	1,462	1,338	1,424	1,409	1,346	1,362	1,202	1,114	975	0	0	0
Cash flows from investing activities:
Purchases of investments
31	30	26	41	149	800	1,133	1,389	1,856	1,791	1,967	1,977	1,803	1,498	1,636	1,589	2,334	2,880	2,503	2,597	1,749	1,145	1,116	1,019	1,440	1,520	1,894	2,287	3,401	3,508	3,635	3,572	1,719	1,847	2,029	2,190	3,488	3,399	3,197	2,632	0	0	0
Maturities, sales and collections of investments
1,534	1,563	1,681	917	978	1,231	1,259	1,379	1,633	1,606	1,723	1,934	1,908	1,882	2,153	2,571	2,527	2,662	2,445	1,952	2,002	1,808	1,891	1,993	2,176	2,276	2,527	2,464	2,202	2,136	1,898	2,147	0	0	0	-	-	-	1,810	1,772	0	0	0
Purchases of property and equipment
135	134	141	173	186	187	173	145	135	148	175	175	172	168	158	160	162	150	155	175	193	222	213	221	229	281	306	303	363	344	370	407	355	330	280	222	188	171	151	135	0	0	0
Acquisitions of businesses, net of cash acquired
56	56	59	3	3	3	51	75	83	83	32	8	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	480	541	541	541	136	74	74	74	0	0	0	0
Other investing activities, net
-2	0	-1	-4	-1	-1	0	1	0	-4	-5	-3	-6	-2	0	-3	2	-3	-4	-2	-7	-2	-5	-7	-3	-4	-4	-4	-4	-2	-1	-1	0	-2	-2	-0	-4	-4	-8	-8	0	0	0
Net cash provided by investing activities
1,410	1,439	1,456	704	641	452	112	-21	-231	-412	-446	-223	-801	-522	-381	85	29	-450	-294	-903	-18	443	567	760	493	372	224	-228	-1,648	-1,714	-2,106	-2,310	-501	-653	-699	-777	-1,862	-1,594	-1,605	-987	0	0	0
Cash flows from financing activities:
Proceeds from issuance of common stock under employee stock award plans
105	111	112	121	134	181	188	173	185	136	146	140	162	156	143	120	81	111	148	157	155	148	157	201	206	189	147	110	136	135	130	142	113	140	230	324	352	373	303	197	0	0	0
Payments for taxes related to net share settlement of stock awards
81	81	83	96	100	104	102	75	73	72	72	48	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
1,750	1,800	1,861	2,111	1,955	1,555	1,144	794	579	713	680	705	838	639	705	960	944	1,059	1,476	1,165	1,293	1,600	1,150	1,881	1,687	1,241	1,289	590	410	348	550	600	600	600	200	0	0	0	0	-	-	-	-
Proceeds from (repayments of) commercial paper notes, net
528	248	-170	-136	-468	-468	-694	-115	239	717	893	499	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Excess tax benefit from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	55	72	91	94	52	53	38	68	72	85	72	86	113	145	170	159	127	0	0	0	-	-	-	-
Issuance of long-term debt, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	495	495	495	495	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of short-term loan
-	-	-	-	-	-	-	-	-	-	-	850	870	870	870	20	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,265	1,264	1,264	1,264	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid
431	422	413	403	359	313	265	214	212	211	209	208	208	208	209	210	210	210	209	208	205	204	203	202	153	102	51	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Other financing activities, net
-5	-6	-7	-6	-5	-7	-7	-6	-6	-5	-5	-7	-11	-11	-10	-7	-4	-4	-6	-9	-9	-7	-20	-9	-8	-7	9	-1	-2	-0	-1	1	1	2	-0	-1	0	0	0	-	-	-	-
Net cash used in financing activities
-2,034	-2,350	-2,422	-2,631	-2,753	-3,016	-1,979	-986	-401	647	73	-1,179	-447	-640	-716	-109	-1,076	-1,156	-1,531	-675	-785	-1,077	-627	-3,104	-2,853	-1,401	-1,393	578	796	-141	-334	-343	-340	-286	190	450	437	434	326	219	0	0	0
Effect of exchange rate changes on cash, cash equivalents and restricted cash
-17	-10	-19	-30	-28	-12	-7	26	41	15	15	-11	0	-9	-6	-4	-23	-46	-64	-59	-49	-20	15	8	-4	3	-5	-9	-0	-13	-24	-16	4	13	30	32	6	0	-7	3	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
435	186	340	-616	-704	-1,171	-320	497	758	1,414	650	-427	-282	-85	-30	946	-45	-707	-708	-369	387	644	1,235	-986	-929	443	267	1,727	660	-452	-1,013	-1,207	501	497	931	1,052	-56	42	-172	210	0	0	0