Cognizant Technology Solutions Corporation (CTSH)

CTSH Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Net Income	2,126	2,290	2,137	1,392	1,842
Depreciation & Amortization	555	569	574	559	526
Share-Based Compensation	176	261	246	232	217
Other Operating Activities	-527	-552	-462	1,116	-86
Operating Cash Flow	2,330	2,568	2,495	3,299	2,499
Operating Cash Flow Growth	-9.27%	2.93%	-24.37%	32.01%	-3.59%
Capital Expenditures	-317	-332	-279	-398	-392
Acquisitions	-409	-339	-970	-1,123	-617
Change in Investments	395	565	-915	283	2,597
Investing Cash Flow	-331	-106	-2,164	-1,238	1,588
Dividends Paid	-591	-564	-509	-480	-453
Share Issuance / Repurchase	-993	-1,336	-641	-1,479	-2,088
Debt Issued / Paid	-25	-39	-53	-50	-28
Financing Cash Flow	-1,609	-1,939	-1,203	-2,009	-2,569
Exchange Rate Effect	33	-21	-16	-17	-34
Net Cash Flow	423	502	-888	35	1,484
Free Cash Flow	2,013	2,236	2,216	2,901	2,107
Free Cash Flow Growth	-9.97%	0.90%	-23.61%	37.68%	-4.88%
Free Cash Flow Margin	10.40%	11.51%	11.97%	17.42%	12.55%
Free Cash Flow Per Share	3.99	4.32	4.21	5.37	3.77

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).