Amazon 2021 Financials AMAZON.COM, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (in millions) Year Ended December 31, 2021 2020 2019 CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, BEGINNING OF PERIOD 32,173 $ 36,410 S 42,377 OPERATING ACTIVITIES Net income 11,588 21,331 33,364 Adjustments to reconcile net income to net cash frens operating activitie and other Depreciation and amortization of property and equipment and capitalized content costs, operating lease assets, 21,789 25.251 34,296 Stock-based compensation 6,364 9.208 12,757 Other operating expense (income), 164 (71) 137 Other expense (income), net Deferred income taxes Changes in operating assets and liabilities (249) 12.5823 (14,306) 796 (554) (310) Inventories Accounts receivable, net and other (3,278) (2.549) (9,487) Accounts payable (7,681) (8,169) (18,163) Accrond expenses and other 8,193 17,450 3,602 Unearned revenue (1383) 5,754 2.123 INVESTING ACTIVITIES Net cash provided by fused in) operating activities 1,711 1,265 2,314 38,514 66,064 46.327 Purchases of property and equipment Sales and maturities of marketable securities Acquisitions, net of cash acquired, and other Proceeds from property and equipment sales and incentives (16,861) (40,140) (61,053) 4,172 5,096 5,657 (2.461) (2.325) (1,985) Purchases of marketable securities 22,681 50,237 59,384 Net cash provided by (unod in) investing activities (31.812) (72.479) (60,157) FINANCING ACTIVITIES: (24,281) (59,611) (58,154) Proceeds from short-term debt, and other Repayments of short-term debt, and other 1,402 6,796 7,956 Proceeds from long-term debt Repayments of long-term debt Principal repayments of finance leases Principal repayments of financing obligations Net cash provided by (used in) financing activities Foreign currency effect on cash, cash equivalents, and restricted cash Net increase (decrease) in cash, cash equivalents, and restricted cush CASH, CASH EQUIVALENTS, AND RESTRICTED CASH, END OF PERIOD (1,518) (6,177) (7,753) 371 10,525 19.003 (1.166) (1.553) (1,590) (9.628) (10,642) (11,163) (27) (53) (162) (10,066) (1,104) 6,291 70 618 (364) 4,237 5,967 (5,900) 36,410 42,377 36,477