Meta Platforms, Inc. (META) FY2024 Q3 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-07-01 to 2024-09-30

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Meta Platforms, Inc. cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net income → Net cash from operating activities: $15,688,000,000.00Share-based compensation → Operating adjustments reconciliation: $4,250,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $4,027,000,000.00Other liabilities → Operating adjustments reconciliation: $901,000,000.00Accounts payable → Operating adjustments reconciliation: $667,000,000.00Accrued expenses and other current liabilities → Operating adjustments reconciliation: $572,000,000.00Accounts receivable → Operating adjustments reconciliation: $143,000,000.00Impairment charges for facilities consolidation, net → Operating adjustments reconciliation: $8,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $9,036,000,000.00Operating adjustments reconciliation → Deferred income taxes: $1,308,000,000.00Operating adjustments reconciliation → Prepaid expenses and other current assets: $184,000,000.00Operating adjustments reconciliation → Other assets: $29,000,000.00Operating adjustments reconciliation → Other: $11,000,000.00Sales and maturities of marketable debt securities → investing reconciliation: $4,114,000,000.00Other investing activities → investing reconciliation: $124,000,000.00Net cash used in investing activities → investing reconciliation: $8,620,000,000.00investing reconciliation → Purchases of property and equipment, net: $8,258,000,000.00investing reconciliation → Purchases of marketable debt securities: $4,468,000,000.00investing reconciliation → Acquisitions of businesses and intangible assets: $132,000,000.00Net cash used in financing activities → financing reconciliation: $4,371,000,000.00Proceeds from issuance of long-term debt, net → financing reconciliation: $10,432,000,000.00financing reconciliation → Repurchases of Class A common stock: $8,818,000,000.00financing reconciliation → Taxes paid related to net share settlement of equity awards: $3,543,000,000.00financing reconciliation → Payments for dividends and dividend equivalents: $1,263,000,000.00financing reconciliation → Principal payments on finance leases: $944,000,000.00financing reconciliation → Other financing activities: $235,000,000.00Exchange-rate effect → Cash sources and uses: $368,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $33,026,000,000.00Net cash from operating activities → Cash sources and uses: $24,724,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $45,127,000,000.00Cash sources and uses → Net cash used in investing activities: $8,620,000,000.00Cash sources and uses → Net cash used in financing activities: $4,371,000,000.00Other assets: -$29,000,000.00Other operating assets−$29.00 MOther liabilities: $901,000,000.00Other noncurrent liabilities+$901.00 MOther: -$11,000,000.00Other non-cash items−$11.00 MPrepaid expenses and other current assets: -$184,000,000.00Prepaid & other assets−$184.00 MImpairment charges for facilities consolidation, net: $8,000,000.00Long-lived asset impairment+$8.00 MAccrued expenses and other current liabilities: $572,000,000.00Accrued liabilities+$572.00 MAccounts payable: $667,000,000.00Trade payables+$667.00 MDeferred income taxes: -$1,308,000,000.00Deferred income taxes−$1.31 BShare-based compensation: $4,250,000,000.00Stock-based compensation+$4.25 BAccounts receivable: $143,000,000.00Accounts receivable+$143.00 MNet income: $15,688,000,000.00Net income+$15.69 BDepreciation and amortization: $4,027,000,000.00Depreciation & amortization+$4.03 BNet cash from operating activities: $24,724,000,000.00Operating cash+$24.72 BOperating adjustments reconciliation: $10,568,000,000.00Other financing activities: -$235,000,000.00Other financing, net−$235.00 MPayments for dividends and dividend equivalents: -$1,263,000,000.00Dividends paid−$1.26 BRepurchases of Class A common stock: -$8,818,000,000.00Common stock repurchases−$8.82 BPrincipal payments on finance leases: -$944,000,000.00Finance lease payments−$944.00 MTaxes paid related to net share settlement of equity awards: -$3,543,000,000.00Stock-award tax withholding−$3.54 BProceeds from issuance of long-term debt, net: $10,432,000,000.00Long-term debt issued+$10.43 BNet cash used in financing activities: -$4,371,000,000.00. Cash required to fund net payments.Financing cash−$4.37 Bfinancing reconciliation: $14,803,000,000.00Acquisitions of businesses and intangible assets: -$132,000,000.00Acquisitions & intangible purchases−$132.00 MPurchases of property and equipment, net: -$8,258,000,000.00PP&E purchases−$8.26 BOther investing activities: $124,000,000.00Other investing, net+$124.00 MPurchases of marketable debt securities: -$4,468,000,000.00AFS securities purchases−$4.47 BSales and maturities of marketable debt securities: $4,114,000,000.00AFS securities proceeds+$4.11 BNet cash used in investing activities: -$8,620,000,000.00. Cash required to fund net payments.Investing cash−$8.62 Binvesting reconciliation: $12,858,000,000.00Cash sources and uses: $58,118,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $33,026,000,000.00Beginning cash$33.03 BEnding cash: Cash, cash equivalents, and restricted cash: $45,127,000,000.00Ending cash$45.13 BExchange-rate effect: $368,000,000.00FX effect+$368.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$16.47 BOperating cash − cash spent on PP&ECash flow / Net income1.58×Operating cash flow ÷ net incomeNet cash change+$12.10 BEnding cash − beginning cash
Chart details

Meta Platforms, Inc. cash flow reconciliation, Jul 1, 2024 through Sep 30, 2024

Cash flows for Jul 1, 2024 through Sep 30, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Jun 30, 2024. Ending cash: Sep 30, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Jun 30, 2024
33,026,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
24,724,000,000 US dollars. Net cash provided.
Net income
15,688,000,000 US dollars
Other assets
negative 29,000,000 US dollars
Other liabilities
901,000,000 US dollars
Other
negative 11,000,000 US dollars
Prepaid expenses and other current assets
negative 184,000,000 US dollars
Impairment charges for facilities consolidation, net
8,000,000 US dollars
Accrued expenses and other current liabilities
572,000,000 US dollars
Accounts payable
667,000,000 US dollars
Deferred income taxes
negative 1,308,000,000 US dollars
Share-based compensation
4,250,000,000 US dollars
Accounts receivable
143,000,000 US dollars
Depreciation and amortization
4,027,000,000 US dollars
Investing activities
negative 8,620,000,000 US dollars. Net cash used.
Acquisitions of businesses and intangible assets
negative 132,000,000 US dollars
Purchases of property and equipment, net
negative 8,258,000,000 US dollars
Other investing activities
124,000,000 US dollars
Purchases of marketable debt securities
negative 4,468,000,000 US dollars
Sales and maturities of marketable debt securities
4,114,000,000 US dollars
Financing activities
negative 4,371,000,000 US dollars. Net cash used.
Other financing activities
negative 235,000,000 US dollars
Payments for dividends and dividend equivalents
negative 1,263,000,000 US dollars
Repurchases of Class A common stock
negative 8,818,000,000 US dollars
Principal payments on finance leases
negative 944,000,000 US dollars
Taxes paid related to net share settlement of equity awards
negative 3,543,000,000 US dollars
Proceeds from issuance of long-term debt, net
10,432,000,000 US dollars
Operating adjustment reconciliation
10,568,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
14,803,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
12,858,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
368,000,000 US dollars
Ending cash on Sep 30, 2024
45,127,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
58,118,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
12,101,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
1.58×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
24,724,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
8,258,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
16,466,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $9.04B after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 24,724,000,000 US dollars minus 8,258,000,000 US dollars equals 16,466,000,000 US dollars.
Meta Platforms, Inc. (META) FY2024 Q3 Statement of Cash Flows Sankey chart
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