← CISCO SYSTEMS, INC.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 TTM
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent $10.7b
$9.6b -10.52%
$110.0m -98.86%
$11.6b +10464.55%
$11.2b -3.50%
$10.6b -5.56%
$11.8b +11.53%
$12.6b +6.78%
$10.3b -18.18%
$10.2b -1.36%
—
Amortization of Intangible Assets $303.0m $259.0m $221.0m $150.0m $141.0m $215.0m $313.0m $282.0m $698.0m $1.0b —
Depreciation, Depletion and Amortization $1.0b $1.1b $1.1b $1.0b $900.0m $800.0m $800.0m $700.0m $700.0m $700.0m $2.5b
Depreciation, amortization, and other $2.1b $2.3b $2.2b $1.9b $1.8b $1.9b $2.0b $1.7b $2.5b $2.8b $2.5b
Deferred income taxes ($194.0m) ($124.0m) $900.0m ($350.0m) ($38.0m) ($384.0m) ($309.0m) ($2.1b) ($972.0m) ($1.1b) ($558.0m)
Payment, Tax Withholding, Share-based Payment Arrangement $557.0m $619.0m $703.0m $862.0m $727.0m $636.0m $692.0m $597.0m $992.0m $1.2b —
Share-based Payment Arrangement, Expense $1.5b $1.5b $1.6b $1.6b $1.6b $1.8b $1.9b $2.4b $3.1b $3.6b $3.9b
Share-based Payment Arrangement, Noncash Expense $1.5b $1.5b $1.6b $1.6b $1.6b $1.8b $1.9b $2.4b $3.1b $3.6b $3.9b
Share-based compensation expense $1.5b $1.5b $1.6b $1.6b $1.6b $1.8b $1.9b $2.4b $3.1b $3.6b $3.9b
Impairment of Intangible Assets (Excluding Goodwill) $74.0m $47.0m $1.0m — — — $15.0m — $145.0m $40.0m —
Equity Method Investment, Realized Gain (Loss) on Disposal — — — ($69.0m) ($76.0m) — — — — — —
Nonoperating Income (Expense) $260.0m $314.0m $730.0m $352.0m $350.0m $429.0m $508.0m $287.0m $53.0m ($660.0m) —
Other Nonoperating Income (Expense) ($69.0m) ($163.0m) $165.0m ($97.0m) $15.0m $245.0m $392.0m ($248.0m) ($306.0m) ($68.0m) —
Changes in operating assets and liabilities:
Accounts Receivable, Credit Loss Expense (Reversal) ($9.0m) ($8.0m) ($134.0m) $40.0m $93.0m ($6.0m) $64.0m $39.0m $36.0m $33.0m ($1.6b)
Accounts receivable ($404.0m) $756.0m ($269.0m) ($84.0m) ($107.0m) ($107.0m) ($1.0b) $734.0m ($289.0m) ($22.0m) ($1.6b)
Financing receivables ($150.0m) ($1.0b) ($219.0m) ($249.0m) ($797.0m) $1.6b $1.2b $1.1b $76.0m $214.0m ($1.6b)
Increase (Decrease) in Accounts Receivable $404.0m ($756.0m) $269.0m $84.0m $107.0m $107.0m $1.0b ($734.0m) $289.0m $22.0m ($1.6b)
Provision for receivables ($9.0m) ($8.0m) ($134.0m) $40.0m $93.0m ($6.0m) $55.0m $31.0m $34.0m $24.0m —
Increase (Decrease) in Inventories ($315.0m) $394.0m $244.0m ($131.0m) ($84.0m) $244.0m $1.0b $1.1b ($275.0m) ($209.0m) ($1.9b)
Inventories $315.0m ($394.0m) ($244.0m) $131.0m $84.0m ($244.0m) ($1.0b) ($1.1b) $275.0m $209.0m ($1.9b)
Inventory Write-down — — — — $74.0m $116.0m — — — — —
Accounts payable ($65.0m) $311.0m $504.0m $87.0m $141.0m ($53.0m) ($55.0m) $27.0m ($90.0m) $257.0m $711.0m
Accrued compensation ($101.0m) ($110.0m) $100.0m $277.0m ($78.0m) $643.0m ($427.0m) $651.0m ($696.0m) ($53.0m) —
Deferred revenue $1.2b $1.7b $1.2b $1.4b $2.0b $1.6b $1.3b $2.3b $1.2b $248.0m —
Purchases of property and equipment, accrued but unpaid $1.1b $964.0m $834.0m $909.0m $770.0m $692.0m $477.0m $849.0m $670.0m $905.0m ($1.2b)
Other $150.0m ($178.0m) ($169.0m) $113.0m $51.0m ($1.0m) ($122.0m) ($32.0m) ($37.0m) ($80.0m) —
Other assets ($37.0m) $15.0m $66.0m ($955.0m) $96.0m ($797.0m) ($1.6b) $5.0m ($671.0m) ($499.0m) —
Other liabilities ($605.0m) ($697.0m) $83.0m $151.0m ($110.0m) ($46.0m) $535.0m $48.0m $416.0m $193.0m —
Net Cash Provided by (Used in) Operating Activities $13.6b
$13.9b +2.25%
$13.7b -1.51%
$15.8b +15.84%
$15.4b -2.56%
$15.5b +0.18%
$13.2b -14.42%
$19.9b +50.36%
$10.9b -45.29%
$14.2b +30.45%
$13.0b -8.23%
Cash flows from investing activities:
Acquisition of property and equipment $41.0m $7.0m $59.0m $22.0m $179.0m $28.0m $91.0m $3.0m ($670.0m) ($905.0m) —
Payments to Acquire Property, Plant, and Equipment $1.1b $964.0m $834.0m $909.0m $770.0m $692.0m $477.0m $849.0m $670.0m $905.0m ($1.2b)
(Gains) losses on divestitures, investments and other, net ($317.0m) $154.0m ($322.0m) ($24.0m) ($138.0m) ($354.0m) ($453.0m) $206.0m $215.0m ($38.0m) —
Cash, Cash Equivalents, and Short-term Investments — $70.5b $46.5b $33.4b $29.4b — — — — — —
Debt Securities, Available-for-sale, Realized Gain (Loss) — — — ($13.0m) $42.0m $53.0m $9.0m ($21.0m) ($67.0m) ($100.0m) —
Gain (Loss) on Investments $317.0m ($154.0m) $322.0m $24.0m $138.0m $354.0m $453.0m ($206.0m) ($215.0m) $38.0m —
Payments to Acquire Investments $46.8b $42.7b $14.3b $2.4b $9.2b $9.3b $6.1b $10.9b $4.2b $4.6b ($9.7b)
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $14.1b $12.1b $15.8b $12.9b $8.0b $8.4b $5.7b $6.0b $6.4b $4.9b —
Proceeds from maturities of investments $14.1b $12.1b $15.8b $12.9b $8.0b $8.4b $5.7b $6.0b $6.4b $4.9b —
Proceeds from sales of investments $28.8b $28.8b $17.7b $7.4b $5.6b $3.4b $2.7b $1.1b $4.1b $2.6b —
Purchases of investments ($46.8b) ($42.7b) ($14.3b) ($2.4b) ($9.2b) ($9.3b) ($6.1b) ($10.9b) ($4.2b) ($4.6b) —
Purchases of investments in privately held companies ($256.0m) ($222.0m) ($267.0m) ($148.0m) ($190.0m) ($175.0m) ($186.0m) ($185.0m) ($284.0m) ($383.0m) —
Return of investments in privately held companies $91.0m $203.0m $168.0m $159.0m $224.0m $194.0m $237.0m $90.0m $202.0m $306.0m —
Acquisitions, net of cash and cash equivalents acquired ($3.2b) ($3.3b) ($3.0b) — — — ($373.0m) ($301.0m) ($26.0b) ($291.0m) —
Payments to Acquire Businesses, Net of Cash Acquired $3.2b $3.3b $3.0b — — — — — $26.0b $291.0m ($46.0m)
Payments for (Proceeds from) Other Investing Activities $191.0m ($39.0m) $13.0m $12.0m $10.0m $56.0m $15.0m $26.0m $5.0m ($9.0m) —
Net Cash Provided by (Used in) Investing Activities ($8.1b) ($6.0b) $15.3b $14.8b $3.5b ($5.3b) $1.6b ($5.1b) ($20.5b) $1.7b ($3.5b)
Cash flows from financing activities:
Issuances of debt $7.0b $7.0b $6.9b $2.2b $0 $0 $1.0b $0 $31.8b $19.3b —
Proceeds from Issuance of Long-term Debt $7.0b $7.0b $6.9b $2.2b $0 $0 $1.0b $0 $31.8b $19.3b $12.5b
Repayments of Long-term Debt $3.9b $4.2b $12.4b $6.8b $6.7b $3.0b $3.5b $500.0m — — ($11.4b)
Repayments of Splunk convertible debt, net of capped call proceeds — — — — — — $0 $0 ($3.1b) $0 —
Repayments of debt ($3.9b) ($4.2b) ($12.4b) ($6.8b) ($6.7b) ($3.0b) ($3.5b) ($500.0m) ($9.8b) ($22.1b) ($11.4b)
Short-term borrowings, original maturities of 90 days or less, net ($4.0m) $2.5b ($2.5b) $3.4b ($3.5b) ($5.0m) $606.0m ($602.0m) $478.0m ($31.0m) —
Issuances of common stock $1.1b $708.0m $623.0m $640.0m $655.0m $643.0m $660.0m $700.0m $714.0m $736.0m —
Payments for Repurchase of Common Stock $3.9b $3.7b $17.5b $20.7b $2.7b $2.9b $7.7b $4.3b $5.8b $6.0b —
Proceeds from Issuance of Common Stock $1.1b $708.0m $623.0m $640.0m $655.0m $643.0m $660.0m $700.0m $714.0m $736.0m $770.0m
Repurchases of common stock - repurchase program ($3.9b) ($3.7b) ($17.5b) ($20.7b) ($2.7b) ($2.9b) ($7.7b) ($4.3b) ($5.8b) ($6.0b) —
Dividends paid $4.8b $5.5b $6.0b $6.0b $6.0b $6.2b $6.2b $6.3b $6.4b $6.4b ($6.5b)
Net Cash Provided by (Used in) Financing Activities ($4.7b)
($3.8b) +19.00%
($31.8b) -734.58%
($27.9b) +12.20%
($18.9b) +32.28%
($12.0b) +36.25%
($16.0b) -32.59%
($11.6b) +27.16%
$6.8b +158.87%
($15.8b) -331.08%
($11.3b) +28.61%
Net increase (decrease) in cash, cash equivalents, restricted cash and restricted cash equivalents — $4.0b ($2.8b) $2.8b $40.0m ($1.9b) ($1.4b) $3.0b ($2.8b) $68.0m —
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — — — $2.8b $40.0m ($1.9b) ($1.4b) $3.0b ($2.8b) $68.0m $7.2b
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — $11.8b $9.0b $11.8b $11.8b $9.9b $8.6b $11.6b $8.8b $8.9b $7.2b
Effect of foreign currency exchange rate changes on cash, cash equivalents, restricted cash and restricted cash equivalents — — — — ($30.0m) $58.0m ($180.0m) ($105.0m) ($31.0m) ($43.0m) —
Additional Supplementary Disclosures
Additional Supplementary Disclosures
Additional Financial Items
Equity Securities, FV-NI, Realized Gain (Loss) — — — $58.0m $63.0m — — — — — —
Equity Securities, FV-NI, Unrealized Gain (Loss) — — — ($11.0m) ($13.0m) $8.0m ($38.0m) $36.0m $71.0m $108.0m —
Financing Receivable, Credit Loss, Expense (Reversal) — — — — $38.0m ($27.0m) ($9.0m) ($8.0m) ($2.0m) ($9.0m) —
General and Administrative Expense $1.8b $2.0b $2.1b $1.8b $1.9b $2.2b $2.1b $2.5b $2.8b $3.0b —
Goodwill $26.6b $29.8b $31.7b $33.5b $33.8b $38.2b $38.3b $38.5b $58.7b $59.1b —
Income Tax Expense (Benefit) $2.2b $2.7b $12.9b $3.0b $2.8b $2.7b $2.7b $2.7b $1.9b $920.0m —
Income Taxes Paid, Net $2.7b $2.7b $3.9b $3.0b $3.1b $3.6b $3.7b $3.6b $7.4b $3.9b —
Income taxes, net ($300.0m) $60.0m $8.1b $312.0m ($322.0m) ($549.0m) ($690.0m) $1.2b ($4.5b) ($1.8b) —
Interest Expense Nonoperating — — — — — — — — $1.0b $1.6b —
Interest Paid, Excluding Capitalized Interest, Operating Activities $859.0m $897.0m $910.0m $839.0m $603.0m $438.0m $355.0m $376.0m $583.0m $1.5b —
Noncash investing and financing activities:
Operating Expenses $18.3b $18.3b $18.3b $18.4b $18.1b $19.1b $18.3b $20.7b $22.6b $25.0b —
Operating Lease, Lease Income — — — — $190.0m $151.0m $107.0m $73.0m $58.0m $37.0m —
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax ($16.0m) ($74.0m) $61.0m $3.0m — — — — — — —
Provision for Loan, Lease, and Other Losses $17.0m ($35.0m) ($89.0m) ($16.0m) — — — — — — —
Shares repurchased for tax withholdings on vesting of restricted stock units ($557.0m) ($619.0m) ($703.0m) ($862.0m) ($727.0m) ($636.0m) ($692.0m) ($597.0m) ($992.0m) ($1.2b) —
Supplemental disclosure of cash flow information:

Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.