Identify the most significant cash inflow and outflow activity from Financing activities for the current year.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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**Consolidated Statement of Cash Flows**

*In millions*

### Operating Activities

- **Net Income**
  - 2019: $6,025.4
  - 2018: $5,924.3
  - 2017: $5,192.3

- **Adjustments to Reconcile to Cash Provided by Operations**
  - **Charges and Credits:**
    - Depreciation and Amortization
      - 2019: $1,617.9
      - 2018: $1,482.0
      - 2017: $1,363.4
    - Deferred Income Taxes
      - 2019: $149.7
      - 2018: $102.6
      - 2017: $(36.4)
    - Share-based Compensation
      - 2019: $109.6
      - 2018: $125.1
      - 2017: $117.5
    - Net Gain on Sale of Restaurant Businesses
      - 2019: $(128.2)
      - 2018: $(308.8)
      - 2017: $(1,155.8)
    - Other
      - 2019: $49.2
      - 2018: $114.2
      - 2017: $1,050.7

  - **Changes in Working Capital Items:**
    - Accounts Receivable
      - 2019: $27.0
      - 2018: $(479.4)
      - 2017: $340.7
    - Inventories, Prepaid Expenses, and Other Current Assets
      - 2019: $128.8
      - 2018: $(1.9)
      - 2017: $(37.3)
    - Accounts Payable
      - 2019: $(26.8)
      - 2018: $129.4
      - 2017: $3.4
    - Income Taxes
      - 2019: $173.4
      - 2018: $(33.4)
      - 2017: $(396.4)
    - Other Accrued Liabilities
      - 2019: $(3.9)
      - 2018: $(87.4)
      -
Transcribed Image Text:**Consolidated Statement of Cash Flows** *In millions* ### Operating Activities - **Net Income** - 2019: $6,025.4 - 2018: $5,924.3 - 2017: $5,192.3 - **Adjustments to Reconcile to Cash Provided by Operations** - **Charges and Credits:** - Depreciation and Amortization - 2019: $1,617.9 - 2018: $1,482.0 - 2017: $1,363.4 - Deferred Income Taxes - 2019: $149.7 - 2018: $102.6 - 2017: $(36.4) - Share-based Compensation - 2019: $109.6 - 2018: $125.1 - 2017: $117.5 - Net Gain on Sale of Restaurant Businesses - 2019: $(128.2) - 2018: $(308.8) - 2017: $(1,155.8) - Other - 2019: $49.2 - 2018: $114.2 - 2017: $1,050.7 - **Changes in Working Capital Items:** - Accounts Receivable - 2019: $27.0 - 2018: $(479.4) - 2017: $340.7 - Inventories, Prepaid Expenses, and Other Current Assets - 2019: $128.8 - 2018: $(1.9) - 2017: $(37.3) - Accounts Payable - 2019: $(26.8) - 2018: $129.4 - 2017: $3.4 - Income Taxes - 2019: $173.4 - 2018: $(33.4) - 2017: $(396.4) - Other Accrued Liabilities - 2019: $(3.9) - 2018: $(87.4) -
Section V: SCF—Question 5

Identify the most significant cash inflow and outflow activity from Financing activities for the current year.

| Description of Activity | Amount |
|-------------------------|--------|
| Cash inflow:            | Click here to enter text. |
| Cash outflow: (Note: cash dividends paid are reported here.) | Click here to enter text. |

This table is designed to document and analyze the cash inflow and outflow related to financing activities for the specified year. The "Cash inflow" section is meant for entering the most significant source of incoming cash from financing activities, while the "Cash outflow" section is for noting the major cash outflow, including dividends paid.
Transcribed Image Text:Section V: SCF—Question 5 Identify the most significant cash inflow and outflow activity from Financing activities for the current year. | Description of Activity | Amount | |-------------------------|--------| | Cash inflow: | Click here to enter text. | | Cash outflow: (Note: cash dividends paid are reported here.) | Click here to enter text. | This table is designed to document and analyze the cash inflow and outflow related to financing activities for the specified year. The "Cash inflow" section is meant for entering the most significant source of incoming cash from financing activities, while the "Cash outflow" section is for noting the major cash outflow, including dividends paid.
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