Southwest Airlines
Cash Flow
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Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Southwest Airlines generated cash of $3,164,000,000, which is less than the previous year. Cash used in financing activities reached the amount of -$436,000,000 last year. Net change in cash is therefore -$204,000,000.
Cash Flow
| 2014 | 2.90B | -1.72B | -1.24B |
|---|---|---|---|
| 2015 | 3.23B | -1.91B | -1.02B |
| 2016 | 4.29B | -2.27B | -1.92B |
| 2017 | 3.92B | -2.40B | -1.70B |
| 2018 | 4.89B | -2.03B | -2.49B |
| 2019 | 3.98B | -303M | -2.99B |
| 2020 | -1.12B | -16M | 9.65B |
| 2021 | 2.32B | -1.26B | 359M |
| 2022 | 3.79B | -3.74B | -3.03B |
| 2023 | 3.16B | -2.93B | -436M |
LUV Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 9.49B | 12.48B | 11.06B | 2.54B | 1.85B | 1.49B | 1.68B | 1.58B | 1.28B | 1.35B |
Operating activities | ||||||||||
Net income | 465M | 539M | 977M | -3.07B | 2.3B | 2.46B | 3.48B | 2.24B | 2.18B | 1.13B |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 1.52B | 1.35B | 1.27B | 1.25B | 1.21B | 1.20B | 1.21B | 1.22B | 1.01B | 938M |
Stock-based compensation expense | 0 | 84M | 58M | 17M | 55M | 46M | 37M | 33M | 29M | 21M |
| Deferred income tax benefit | 0 | 84M | 58M | 17M | 55M | 46M | 37M | 33M | 29M | 21M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -89M | 422M | -701M | -294M | -94M | 117M | -102M | -50M | -88M | 54M |
Inventories | -77M | 0 | 663M | 63M | -204M | -662M | -262M | -119M | 103M | 142M |
Accounts payable | 1.38B | 936M | 38M | 231M | 298M | 545M | 246M | 226M | 961M | 36M |
Cash generated by operating activities | 3.16B | 3.79B | 2.32B | -1.12B | 3.98B | 4.89B | 3.92B | 4.29B | 3.23B | 2.90B |
Investing activities | ||||||||||
Purchases Of Investments | -6.97B | -5.59B | -5.82B | -5.08B | -2.12B | -2.40B | -2.38B | -2.38B | -1.98B | -3.08B |
Investments In Property Plant And Equipment | -3.55B | -3.94B | -511M | -515M | -1.02B | -1.97B | -2.24B | -2.14B | -2.14B | -1.82B |
Acquisitions Net | 0 | 22M | 505M | 515M | 1.02B | 1.92B | 2.12B | 2.03B | -2.04B | -1.74B |
Cash generated by investing activities | -2.93B | -3.74B | -1.26B | -16M | -303M | -2.03B | -2.40B | -2.27B | -1.91B | -1.72B |
Financing activities | ||||||||||
Common Stock Issued | 48M | 0 | 51M | 2.29B | 0 | 35M | 0 | 544M | 0 | 410M |
Payments for dividends | -428M | 0 | 0 | -188M | -372M | -332M | -274M | -222M | -180M | -139M |
Repurchases of common stock | -48M | 0 | 0 | -451M | -2B | -2B | -1.6B | -1.75B | -1.18B | -955M |
Repayments of term debt | -85M | -3.08B | -905M | -5.52B | -615M | -342M | 8M | -591M | 287M | -561M |
Cash used in financing activities | -436M | -3.03B | 359M | 9.65B | -2.99B | -2.49B | -1.70B | -1.92B | -1.02B | -1.24B |
Net Change In Cash | -204M | -2.98B | 1.41B | 8.51B | 694M | 359M | -185M | 97M | 301M | -73M |
Cash at end of period | 9.28B | 9.49B | 12.48B | 11.06B | 2.54B | 1.85B | 1.49B | 1.68B | 1.58B | 1.28B |
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