Free Cash Flow Required: Calculate Microsoft's free cash flow. Real World MICROSOFT CORPORATION Statement of Cash Flows (partial) 2015 Cash provided by operating activities Cash flows from investing activities Additions to property and equipment Purchases of investments Sales of investments Illustration 12-15 Microsoft's cash flow information ($ in millions) $ (5,944) (98,729) $29,080 Capita expenditure 70,848 Acquisitions of companies (3,723) Maturities of investments 15,013 Other (466) Cash used by investing activities Cash paid for dividends (23,001) (9,882)