# NIKE, Inc. (NKE) FY2025 Q1 Statement of Cash Flows

- Company: NIKE, Inc. (NKE)
- Period: 2024-06-01 to 2024-08-31
- Filing: Q1 FY2025 10-Q, filed 2024-10-07, accession number 0000320187-24-000065
- Page: https://plicit.ai/financials/nke/fy2025-q1-cash-flow
- Chart image: https://plicit.ai/charts/nke-fy2025-q1-cash-flow-sankey.png

## Chart details

Cash flows for Jun 1, 2024 through Aug 31, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: May 31, 2024. Ending cash: Aug 31, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on May 31, 2024**: 9,860,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 394,000,000 US dollars. Net cash provided.
- **Net income**: 1,051,000,000 US dollars
- **Depreciation**: 188,000,000 US dollars
- **Deferred income taxes**: negative 53,000,000 US dollars
- **Stock-based compensation**: 183,000,000 US dollars
- **Amortization, impairment and other**: negative 4,000,000 US dollars
- **(Increase) decrease in accounts receivable**: negative 312,000,000 US dollars
- **(Increase) decrease in inventories**: negative 679,000,000 US dollars
- **(Increase) decrease in prepaid expenses, operating lease right-of-use assets and other current and non-current assets**: negative 265,000,000 US dollars
- **Increase (decrease) in accounts payable, accrued liabilities, operating lease liabilities and other current and non-current liabilities**: 292,000,000 US dollars
- **Net foreign currency adjustments**: negative 7,000,000 US dollars
- **Investing activities**: negative 166,000,000 US dollars. Net cash used.
- **Purchases of short-term investments**: negative 968,000,000 US dollars
- **Maturities of short-term investments**: 144,000,000 US dollars
- **Sales of short-term investments**: 778,000,000 US dollars
- **Additions to property, plant and equipment**: negative 120,000,000 US dollars
- **Other investing activities**: 0 US dollars
- **Financing activities**: negative 1,622,000,000 US dollars. Net cash used.
- **Increase (decrease) in notes payable, net**: 6,000,000 US dollars
- **Proceeds from exercise of stock options and other stock issuances**: 131,000,000 US dollars
- **Repurchase of common stock**: negative 1,184,000,000 US dollars
- **Dividends — common and preferred**: negative 558,000,000 US dollars
- **Other financing activities**: negative 17,000,000 US dollars
- **Operating adjustment reconciliation**: 1,320,000,000 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**: 1,759,000,000 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**: 1,088,000,000 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**: 19,000,000 US dollars
- **Ending cash on Aug 31, 2024**: 8,485,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 10,273,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 1,375,000,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: 0.37×. 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**: 394,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
- **Cash purchases of property, plant and equipment**: 120,000,000 US dollars. These cash purchases are already included in investing activities above.
- **Free cash flow**: 274,000,000 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 exceeds operating cash. The diagram allocates $394.00M of net income directly to operating cash and $657.00M to the adjustment junction, where it combines with other additions to reconcile deductions. This is an accounting presentation, not a tracing of 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: 394,000,000 US dollars minus 120,000,000 US dollars equals 274,000,000 US dollars.