2. Examine the cash flow statement and describe one line item from each section (operating Investing, and financing). You will include a discussion for each of the three items. What is the item and amount? How does the change affect cash? Only list one from each section and explain what it means for company operations. Discussion required here in your own words. (4 points) 3 Discuss the Immortance of the three main financial (129) 45 (20) 217 441 670 4249 3.800 3.138 4,4665 42495 3,808 Effect of exchange rate changes on cash and equivalents Net increase (decrease) in cash and equivalents Cash and equivalents, beginning of year CASH AND EQUIVALENTS, END OF YEAR Supplemental disclosure of cash flow information: Cash paid during the year for: Interest, net of capitalized interest Income taxes Non-cash additions to property, plant and equipment Dividends declared and not paid The accompanying Notes to the Consolidated Financial Statements are an integral part of this statement. $ 125 5 98 757 529 703 294 265 347 320 300 2019 FORM 10-K 53 Table of Contents NIKE, INC. (2.937) (4.7833 (5.928) 1.715 3.613 3.623 2.072 2,496 2423 (1.119) (5.105) (1.028) a 5 13 (25) (34) (264) 276 Cash provided (used) by investing activities: Purchases of short-term investments Maturities of short-term investments Sales of short-term investments Additions to property, plant and equipment Disposals of property, plant and equipment Other investing activities Cash provided (used) by investing activities Cash used by financing activities: Net proceeds from long-term debt issuance Long-term debt payments, including current portion Increase (decrease) in notes payable Payments on capital lease and other financing obligations Proceeds from exercise of stock options and other stock issuances Repurchase of common stock Dividends - common and preferred Tax payments for net share settlement of equity awards Cash used by financing activities Effect of exchange rate changes on cash and equivalents 1,482 (6) 16) (44) (325) 13 327 (27) 123) (17) 700 733 480 (4286) (3.221 (1.243) (17) (20) 155) (4.835 (5.205) (2.148 (120 45 (201 2019 2018 2017 $ 4,029 5 1.933 5 4,240 705 747 705 34 647 (273) 325 218 215 15 27 10 233 1993 (117) (Dollars in millions) Cash provided by operations: Net income Adjustments to reconcile net income to net cash provided by operations: Depreciation Deferred income taxes Stock-based compensation Amortization and other Net foreign currency adjustments Changes in certain working capital components and other assets and liabilities: (Increase) decrease in accounts receivable (Increase) decrease in inventories (Increase) decrease in prepaid expenses and other current and non-current assets Increase (decrease) in accounts payable, accrued liabilities and other current and non-current liabilities Cash provided by operations Cash provided (used) by investing activities: Purchases of short-term investments 187 (270) 14001 (203) (255) (231) (1201) 35 1.515 (158) 3.500 3.646 (2.937) (4.783) 15,926) Maturities of short-term investments SA 999