VMWARE, INC. VMW Cash Flow

Vmware, inc. (VMW)

CashFlow / TTM

Jan'20	Nov'19	Aug'19	May'19	Feb'19	Oct'18	Aug'18	May'18	Feb'18	Oct'17	Jul'17	Apr'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Sep'09	Jun'09
Operating activities:
Net income
6,356	5,721	5,434	1,153	1,590	1,300	1,361	1,122	425	1,523	1,447	1,307	1,223	1,119	1,055	962	997	949	888	883	886	895	962	1,040	1,014	884	780	727	746	740	761	789	724	643	550	404	357	275	223	0	0	0
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization
873	804	772	745	727	664	655	638	618	700	638	590	542	350	350	347	335	336	340	338	345	331	322	329	337	354	358	360	355	347	335	320	316	306	303	287	260	238	212	0	0	0
Stock-based compensation
1,017	901	863	833	800	730	720	710	712	677	666	649	636	608	563	535	504	497	504	520	529	522	502	466	454	456	462	460	426	382	351	336	335	340	326	308	291	267	245	0	0	0
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	15	8	3	26	28	29	36	23	36	44	48	63	70	86	99	106	138	137	159	227	224	253	286	249	223	175	92	0	0	0
Deferred income taxes, net
-5,284	-5,413	-5,367	-259	-110	347	468	481	303	128	50	5	-15	-11	-14	-34	-31	-287	-229	-172	-128	212	144	57	56	-37	28	67	74	99	55	42	20	39	53	64	56	20	8	0	0	0
Unrealized (gain) loss on equity securities, net
31	-978	-1,406	-661	-14	837	1,006	776	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on disposition
-	-	-	-	-	-	-	-	-95	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
(Gain) loss on disposition of assets, revaluation and impairment, net
4	2	-6	2	-2	12	16	48	45	14	6	-33	-30	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash realignment charges
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	15	14	14	14	0	0	0	0	-	-	-	-	-	-	-	-	-	-
Impairment of strategic investments
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	10	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on Dell stock purchase
-	-	-	-	-	-	-	-	-2	6	6	6	8	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain on disposition of certain lines of business and other, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Gain on sales of strategic investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-
Gain on acquisition
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-
Other
-9	-10	-11	-11	-11	0	0	0	-	-	-	-	2	2	-4	0	1	8	8	8	7	-5	-9	-10	-7	-6	-1	-0	-2	-8	-16	-19	-21	-29	-22	-15	-13	8	8	0	0	0
Changes in assets and liabilities, net of acquisitions:
Accounts receivable
119	363	322	223	214	63	-92	4	76	445	629	439	216	109	2	101	114	52	92	154	267	138	149	33	71	110	195	114	268	133	154	117	263	163	158	181	77	-164	-106	0	0	0
Other current assets and other assets
668	559	555	355	347	479	440	525	455	693	640	536	475	4	-22	-27	-32	-13	41	41	70	57	26	47	59	60	69	105	112	106	159	105	76	87	89	96	79	92	23	0	0	0
Due to/from related parties, net
-374	-291	-347	-342	-480	-416	-410	-183	-568	-271	-150	-151	-54	3	-102	-10	-21	-39	50	-27	-46	1	-7	34	60	172	138	120	6	-59	-91	-12	-18	1	5	-6	28	-10	9	0	0	0
Accounts payable
35	-3	24	17	105	64	13	20	-22	56	61	78	-9	-25	-12	-14	-35	-8	44	31	69	55	4	27	30	12	24	3	24	23	3	-12	-16	-8	0	20	8	2	-4	0	0	0
Accrued expenses and other liabilities
417	349	276	167	290	226	276	181	354	298	320	299	223	90	-8	-15	1	-14	106	137	135	89	80	12	1	-6	-1	1	22	37	81	88	115	107	128	103	120	48	73	0	0	0
Income taxes receivable from EMC
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	0	0	-	-269	-248	0	0	-	-	0	-	0	0
Income taxes payable
-23	-35	-120	-105	-40	733	721	665	660	-52	29	23	-15	-37	26	22	13	-76	-84	4	77	200	133	58	19	6	68	84	138	154	109	101	79	98	95	108	89	32	22	0	0	0
Unearned revenue
1,668	1,690	1,659	1,527	1,302	1,114	1,147	1,106	1,099	858	632	544	534	408	308	233	242	309	421	567	693	692	744	734	756	766	780	708	751	759	860	821	840	720	599	598	495	188	173	0	0	0
Net cash provided by operating activities
3,872	3,788	3,747	3,835	3,657	3,385	3,585	3,419	3,101	2,829	2,480	2,436	2,379	2,405	2,197	1,936	1,899	1,826	2,020	2,113	2,180	2,453	2,484	2,609	2,535	2,340	2,139	1,996	1,897	1,965	2,053	2,124	2,026	1,870	1,544	1,297	1,174	967	1,013	0	0	0
Investing activities:
Additions to property and equipment
279	284	291	264	254	290	292	288	276	208	179	161	153	168	228	268	333	373	383	381	352	351	345	344	345	328	309	278	234	205	185	236	230	217	193	127	131	105	104	0	0	0
Purchases of available-for-sale securities
0	-1	2	389	780	1,711	2,895	4,154	4,269	3,727	3,666	3,107	3,725	3,985	3,439	3,420	3,323	3,638	4,056	4,433	3,937	3,927	3,502	2,975	3,181	2,696	2,888	3,224	3,189	3,304	3,495	2,770	2,668	3,048	2,752	0	-	0	0	-	-	-
Sales of available-for-sale securities
0	3,813	3,838	3,851	3,999	636	1,103	1,795	2,195	2,203	2,501	2,355	2,227	2,262	1,799	2,112	2,193	2,225	2,508	2,166	2,076	2,078	1,721	1,524	1,599	1,299	1,928	1,943	1,880	1,860	1,210	1,085	816	732	0	0	-	0	-	-	-	-
Capitalized software development costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	74	5	-8	-14	-64	-4	-26	0	0	0
Maturities of available-for-sale securities
0	488	1,291	2,022	2,393	2,271	1,905	1,526	1,573	1,499	1,458	1,439	1,307	1,275	1,195	1,131	1,100	1,073	919	819	717	604	669	688	717	730	737	827	902	1,017	1,015	1,015	974	755	0	0	-	0	-	-	-	-
Purchases of strategic investments
30	23	13	6	8	7	8	33	37	49	54	53	49	36	37	16	14	12	42	0	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	0	-	-	-	-	0	0
Proceeds from disposition of assets
22	26	29	59	41	42	39	15	13	7	7	1	4	7	7	7	4	0	0	0	-	0	0	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-
Proceeds from sales of strategic investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	-	-	-	-
Business combinations, net of cash acquired, and purchases of intangible assets
2,437	2,856	1,296	957	938	954	461	697	671	0	0	0	-	-	-	-	38	77	121	121	1,168	1,217	1,173	1,173	289	183	1,425	1,528	1,344	1,344	202	289	304	0	0	0	-	649	0	0	0	-
Net cash paid on disposition of a business
4	3	10	12	11	16	17	54	52	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	4	-72	-76	-75	-75	1	1	78	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0
Decrease (increase) in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer of net assets under common control
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	22	-152	0	0	-	-	0	-	-	-
Other investing
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	13	13	10	-1	-13	-5	-2	0	29	24	-9	31	0	0	0	-	-	-	-	-	-
Net cash provided by (used in) investing activities
-2,728	1,162	3,546	4,304	4,442	-29	-626	-1,890	-1,524	-572	-224	398	-463	-726	-708	-395	-336	-716	-1,129	-1,984	-2,785	-2,939	-2,757	-2,339	-1,472	-1,190	-1,975	-2,308	-2,035	-1,988	-1,665	-1,299	-1,611	-1,618	-1,938	-2,454	-2,261	-2,459	-1,557	0	0	0
Financing activities:
Proceeds from issuance of common stock
308	278	266	271	259	208	154	215	131	107	133	64	109	109	109	124	126	129	134	130	164	170	181	217	197	223	223	209	253	267	281	358	338	360	416	411	431	440	377	0	0	0
Proceeds from issuance of notes payable to Dell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,050	1,050	1,050	1,050	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repayments of Related Party Debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reduction in capital from Dell
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-24	-24	-24	-24	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from non-controlling interests
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common stock
1,334	1,321	1,079	633	42	169	1,024	1,024	1,449	1,839	2,000	2,000	1,575	1,091	275	687	1,125	1,300	1,143	969	700	566	613	495	508	551	590	649	467	342	423	378	526	543	474	454	338	0	0	0	-	-
Excess tax benefits from stock-based compensation
-	-	-	-	-	-	-	-	-	-	-	-	15	8	3	26	28	29	36	23	36	44	48	63	70	86	99	106	138	137	159	227	224	253	286	249	223	175	101	0	0	0
Shares repurchased for tax withholdings on vesting of restricted stock
534	522	517	467	357	308	365	325	351	338	269	260	164	130	122	164	174	182	192	167	162	165	155	133	126	124	132	141	133	109	118	115	124	142	132	118	86	41	5	0	0	0
Net cash provided by (used in) financing activities
-1,707	-11,405	-11,771	-11,269	-10,580	-215	1,563	1,664	1,129	674	-2,122	-2,185	-1,619	-1,108	-289	-697	-1,141	-1,320	-1,154	-976	371	516	487	678	-367	-366	-400	-474	-209	-46	-101	92	-88	-49	116	109	230	253	270	0	0	0
Net increase (decrease) in cash, cash equivalents and restricted cash
-565	-6,454	-4,477	-3,129	-2,480	3,138	4,519	3,190	2,703	2,931	134	649	297	571	1,200	844	422	-210	-263	-847	-234	30	214	948	696	782	-237	-786	-347	-69	286	917	327	202	-277	-1,047	-857	-1,238	-273	0	0	0
Supplemental disclosures of cash flow information:
Cash paid for interest
134	134	129	128	129	128	69	75	21	27	31	31	29	28	28	28	28	28	28	28	27	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid for taxes, net
369	476	513	445	399	297	189	193	178	342	395	431	467	288	230	220	231	305	305	256	215	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash items:
Changes in capital additions, accrued but not paid
18	-2	-5	1	9	7	13	16	10	27	18	1	-7	-15	-46	-10	-49	-27	-14	-16	19	-12	-1	-10	-16	31	17	26	37	-10	21	2	12	14	3	7	-1	9	-0	0	0	0
Changes in tax withholdings on vesting of restricted stock, accrued but not paid
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	2	0	0	0	-	0	0	0	-	-	-	-	-	-
Fair value of stock-based awards assumed in acquisitions
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	24	25	24	24	0	17	0	0	-	0	-	-	-	-	-	-	-	-	-	-	0	-