Park Hotels & Resorts
Cash Flow
Last updated:
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 Park Hotels & Resorts generated cash of $503,000,000, which is more than the previous year. Cash used in financing activities reached the amount of -$475,000,000 last year. Net change in cash is therefore -$189,000,000.
Cash Flow
| 2014 | 516M | -120M | -401M |
|---|---|---|---|
| 2015 | 519M | 230M | -715M |
| 2016 | 399M | -210M | 30M |
| 2017 | 653M | -165M | -459M |
| 2018 | 444M | 419M | -816M |
| 2019 | 499M | -635M | 97M |
| 2020 | -438M | 119M | 914M |
| 2021 | -137M | 394M | -475M |
| 2022 | 409M | 87M | -320M |
| 2023 | 503M | -217M | -475M |
PK Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 939M | 763M | 981M | 386M | 425M | 379M | 350M | 72M | 42M | 48M |
Operating activities | ||||||||||
Net income | 106M | 173M | -452M | -1.44B | 316M | 477M | 2.63B | 139M | 299M | 181M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 287M | 269M | 281M | 298M | 264M | 277M | 288M | 300M | 287M | 248M |
Stock-based compensation expense | 18M | 17M | 19M | 20M | 16M | 16M | 14M | 0 | 0 | 0 |
| Deferred income tax benefit | 18M | 17M | 19M | 20M | 16M | 16M | 14M | 0 | 0 | 0 |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | 9M | -33M | -70M | 152M | -3M | -27M | 4M | -9M | -25M | -9M |
Inventories | 0 | 0 | 51M | -70M | 3M | -58M | 50M | -30M | 71M | -25M |
Accounts payable | 82M | 44M | -51M | -51M | -28M | -21M | 20M | -1M | -16M | 35M |
Cash generated by operating activities | 503M | 409M | -137M | -438M | 499M | 444M | 653M | 399M | 519M | 516M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | -4M | -1M | -51M | -150M | -1M | 0 | 0 | 0 |
Investments In Property Plant And Equipment | 0 | -168M | -54M | -86M | -240M | -188M | -185M | -227M | -226M | -171M |
Acquisitions Net | -11M | 101M | -6M | -3M | -863M | 150M | -1M | 0 | -1.41B | -5M |
Cash generated by investing activities | -217M | 87M | 394M | 119M | -635M | 419M | -165M | -210M | 230M | -120M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 307M | 2.37B | 7M | 0 | 0 | 0 | 0 | 0 |
Payments for dividends | -152M | -7M | 0 | -241M | -494M | -464M | -386M | -180M | -81M | -351M |
Repurchases of common stock | -180M | -227M | -66M | -66M | -7M | -348M | -3M | 0 | 0 | 0 |
Repayments of term debt | -133M | -73M | -1.21B | -1.10B | 618M | 0 | -55M | -3.68B | -612M | -14M |
Cash used in financing activities | -475M | -320M | -475M | 914M | 97M | -816M | -459M | 30M | -715M | -401M |
Net Change In Cash | -189M | 176M | -218M | 595M | -39M | 46M | 29M | 221M | 30M | -6M |
Cash at end of period | 750M | 939M | 763M | 981M | 386M | 425M | 379M | 293M | 72M | 42M |
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