AT&T Cash Flow Statement (Annual)

The table below shows the annual cash flow statement for AT&T stock for the past 25 years.

Numbers in millions USD, except per-share numbers.

Year Ended	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31	1998-12-31	1997-12-31	1996-12-31	1995-12-31
Net Income	13,903	19,370	29,450	12,976	13,345	6,442	18,418	7,264	3,944	19,864	12,138	-2,625	11,951	7,356	4,786	5,887	8,505	5,653	7,008	7,800	8,159	7,690	4,087	3,477	-3,064
Depreciation & Amortization	28,217	28,430	24,387	25,847	22,016	18,273	18,395	18,143	18,377	19,379	19,515	19,673	21,577	9,907	7,643	7,564	7,870	8,578	9,077	9,748	8,553	7,841	7,777	4,466	4,034
Share-Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-173	-18.00	-3.00	-	-1.00	-	-	-	-	-	-	-	-
Other Operating Activities	-6,548	4,198	15,827	381	-519	-6,623	2,017	-13,769	-12,422	4,021	-2,752	-16,562	-714	1,575	-545	2,496	2,969	-905	1,280	3,482	38.00	2,550	285	42.00	-5,820
Operating Cash Flow	48,668	43,602	38,010	38,442	35,880	31,338	34,796	39,176	34,743	35,222	34,405	33,610	34,242	15,688	12,974	10,955	13,406	15,136	14,805	14,066	16,674	12,981	11,579	7,901	6,790
Capital Expenditures	-19,435	-20,758	-20,647	-21,516	-19,218	-21,199	-20,944	-19,465	-20,110	-19,530	-16,554	-19,631	-17,717	-8,320	-5,576	-5,099	-5,219	-6,808	-11,189	-13,124	-10,304	-8,882	-8,856	-5,855	-4,338
Acquisitions	2,510	-41,711	2,158	-1,581	-30,676	4,982	-2,190	-16.00	-1,067	-1,076	-696	-9,357	-1,279	1,124	2,030	-16,112	3,012	3,479	2,291	-506	-376	-611	-1,219	-420	-1,226
Investments	435	-183	449	672	1,545	-1,890	301	65.00	62.00	-100	55.00	504	455	-1,104	2,572	464	-898	1.00	510	-539	5.00	313	113	-189	-117
Other Investing Activities	-200	-493	-903	-893	-795	-230	-291	-264	-135	-743	-688	-614	-135	-66.00	0.00	0.00	0.00	0.00	1.00	-1.00	2.00	11.00	13.00	19.00	0.00
Investing Cash Flow	-16,690	-63,145	-18,943	-23,318	-49,144	-18,337	-23,124	-19,680	-21,250	-21,449	-17,883	-29,098	-18,676	-8,366	-974	-20,747	-3,105	-3,328	-8,387	-14,170	-10,673	-9,169	-9,949	-6,445	-5,681
Dividends Paid	-14,888	-13,410	-12,038	-11,797	-10,200	-9,552	-9,696	-10,241	-10,172	-9,916	-9,670	-9,507	-8,743	-5,153	-4,256	-4,141	-4,539	-3,557	-3,456	-3,418	-3,287	-3,131	-2,966	-1,765	-1,814
Share Issuance (Repurchase)	-1,786	136	-430	-366	-126	-1,578	-12,914	-12,275	237	50.00	28.00	-5,758	-8,404	-2,089	-1,411	-232	-388	-1,309	-1,745	-1,523	-538	274	499	-487	-60.00
Debt Issued (Paid)	-16,771	-9,349	35,880	-683	23,927	5,617	9,158	4,754	-1,291	-5,467	-4,401	10,424	1,184	898	-4,828	8,978	-4,296	-4,139	274	5,128	-2,350	-565	760	-354	1,297
Other Financing Activities	8,362	-3,366	2,518	-1,616	-3,819	-2,224	251	89.00	-423	-516	-465	151	-51.00	216	-731	0.00	1.00	-13.00	-1,431	65.00	70.00	-440	257	897	-465
Financing Cash Flow	-25,083	-25,989	25,930	-14,462	9,782	-7,737	-13,201	-17,673	-11,649	-15,849	-14,508	-4,690	-16,014	-6,128	-11,226	4,605	-9,222	-9,018	-6,358	252	-6,105	-3,862	-1,450	-1,709	-1,042
Net Cash Flow	6,895	-45,532	44,997	662	-3,482	5,264	-1,529	1,823	1,844	-2,076	2,014	-178	-448	1,194	464	-4,046	1,235	2,867	60.00	148	-104	-50.00	180	-253	67.00
Free Cash Flow	29,233	22,844	17,363	16,926	16,662	10,139	13,852	19,711	14,633	15,692	17,851	13,979	16,525	7,368	7,398	5,856	8,187	8,328	3,616	942	6,370	4,099	2,723	2,046	2,452
Free Cash Flow Growth	27.97%	31.57%	2.58%	1.58%	64.34%	-26.8%	-29.72%	34.7%	-6.75%	-12.09%	27.7%	-15.41%	124.28%	-0.41%	26.33%	-28.47%	-1.69%	130.31%	283.86%	-85.21%	55.4%	50.53%	33.09%	-16.56%	-
Free Cash Flow Margin	16.1%	13.4%	10.8%	10.3%	11.4%	7.7%	10.8%	15.5%	11.5%	12.6%	14.6%	11.3%	13.9%	11.7%	16.9%	14.4%	20.2%	19.4%	7.9%	1.8%	12.9%	8.9%	6.3%	8.1%	11.3%
FCF Per Share	4.00	3.14	2.83	2.76	2.71	1.96	2.63	3.47	2.47	2.66	3.03	2.37	2.73	1.92	2.26	1.77	2.47	2.51	1.08	0.28	1.87	2.10	1.48	-	-