Twitter, inc. (TWTR)
CashFlow / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12
Cash flows from operating activities
Net income (loss)

1,465,659

1,205,596

-108,063

-456,873

-521,031

-577,820

-645,323

-79,399

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation and amortization expense

465,549

425,498

395,867

402,172

312,823

208,165

110,894

72,506

Stock-based compensation expense

378,025

326,228

433,806

615,233

682,118

631,597

600,367

25,741

Amortization of discount on convertible notes

113,298

105,926

80,061

74,660

69,185

18,823

-

-

Deferred income taxes

84,369

43,409

-6,415

-4,775

-28,125

-9,609

-8,902

-1,098

Changes in bad debt provision

-

-

-

-

5,765

4,632

1,557

1,844

Deferred tax assets valuation allowance release

0

845,129

0

-

-

-

-

-

Deferred tax assets establishment related to intra-entity transfers of intangible assets

1,210,000

0

0

-

-

-

-

-

Impairment of investments in privately-held companies

1,550

3,000

62,439

4,000

0

-

-

-

Non-cash restructuring

-

-

-

-

-3,194

-

-

-

Other adjustments

16,906

14,139

-5,753

46,042

1,438

7,983

4,161

-

Non-cash acquisition-related costs

-

-

-

-

-

-

-

1,715

Amortization of investment premium and other

-

-

-

-

-

-

-

4,102

Changes in assets and liabilities, net of assets acquired and liabilities assumed from acquisitions:
Accounts receivable

67,000

130,871

-2,668

22,969

216,585

177,583

112,060

73,898

Prepaid expenses and other assets

29,602

-126,470

13,974

-7,101

50,170

165,395

12,045

6,691

Operating lease right-of-use assets

-149,880

0

0

-

-

-

-

-

Accounts payable

2,946

-1,533

8,371

-7,112

76,355

18,059

7,957

2,931

Accrued and other liabilities

92,681

95,256

-29,304

105,576

54,487

122,944

54,792

24,312

Operating lease liabilities

-130,205

0

0

-

-

-

-

-

Net cash provided by operating activities

1,303,364

1,339,711

831,209

763,055

383,066

81,796

1,398

-27,935

Purchases of property and equipment

540,688

483,934

160,742

218,657

347,280

201,630

75,744

50,599

Proceeds from sales of property and equipment

6,158

13,070

2,783

-

-

-

-

-

Purchases of marketable securities

5,798,111

5,334,396

2,687,214

2,908,611

3,683,488

2,937,033

1,573,489

542,638

Proceeds from maturities of marketable securities

4,928,097

3,732,973

2,579,747

2,518,631

2,821,745

2,029,518

355,270

621,049

Proceeds from sales of marketable securities

367,116

58,721

124,826

183,154

383,413

188,092

42,816

26,300

Purchases of investments in privately-held companies

51,163

3,375

825

81,502

10,500

-

-

-

Proceeds from sales of long-lived assets

11,781

0

35,000

-

-

-

-

-

Changes in restricted cash

-

-

-

-

3,549

11,042

10,847

3,143

Business combinations, net of cash acquired

29,664

33,572

0

85,082

51,644

163,477

8,072

1,526

Other investing activities

9,500

5,000

10,101

1,181

11,118

1,700

36,000

-

Net cash provided by investing activities

-1,115,974

-2,055,513

-116,526

-593,248

-902,421

-1,097,272

-1,306,066

49,443

Cash flows from financing activities
Proceeds from issuance of senior notes

700,000

0

0

-

-

-

-

-

Net proceeds from issuance of common stock upon initial public offering

-

-

-

-

-

-

2,018,579

-

Proceeds from issuance of convertible notes

0

1,150,000

0

-

-

1,889,000

-

-

Purchases of convertible note hedges

0

267,950

0

-

-

407,169

-

-

Proceeds from issuance of warrants concurrent with note hedges

0

186,760

0

-

-

289,272

-

-

Debt issuance costs

8,070

13,783

0

-

-

28,810

-

-

Repayment of convertible notes

935,000

0

0

-

-

-

-

-

Taxes paid related to net share settlement of equity awards

19,594

19,263

8,962

15,598

11,101

17,053

14,637

-

Payments of finance lease obligations

66,677

90,351

102,775

100,558

117,535

103,135

70,445

39,436

Proceeds from exercise of stock options

788

3,415

9,444

7,540

17,361

28,658

8,679

2,312

Proceeds from issuances of common stock under employee stock purchase plan

42,378

29,288

23,920

24,641

39,295

42,402

-

-

Net cash provided by (used in) financing activities

-286,175

978,116

-78,373

-83,975

-62,998

1,691,722

1,942,176

-37,124

Other financing activities

-

-

-

-

8,982

-1,443

-

-

Net increase in cash, cash equivalents and restricted cash

-98,785

262,314

636,310

85,832

-582,353

676,246

637,508

-15,616

Foreign exchange effect on cash, cash equivalents and restricted cash

4,576

-14,296

9,914

-3,754

-16,900

-6,532

174

-52

Supplemental cash flow data
Interest paid in cash

12,236

14,547

13,990

12,953

15,985

10,000

6,850

3,126

Income taxes paid in cash

20,144

33,065

16,216

14,532

8,229

14,895

2,391

358

Supplemental disclosures of non-cash investing and financing activities
Conversion of preferred stock to common stock

-

-

-

-

-

-

872,536

-

Common stock issued in connection with acquisitions

0

19,165

0

1,341

516,538

147,958

331,766

47,127

Right-of-Use Asset Obtained in Exchange for Finance Lease Liability

0

-

-

-

-

-

-

-

Equipment purchases under finance leases

-

16,086

123,235

100,281

31,215

140,685

155,722

110,206

Changes in accrued property and equipment purchases

14,985

-23,469

16,387

5,738

3,902

6,562

-1,602

15,734

Unpaid deferred offering costs

-

-

-

-

-

-

1,162

-