← ZEBRA TECHNOLOGIES CORP

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash flows from operating activities:
Adjustments to reconcile net income to net cash provided by operating activities:
Net Income (Loss) Attributable to Parent ($137.0m) $17.0m $421.0m $544.0m $504.0m $837.0m $463.0m $296.0m $528.0m $419.0m
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent ($137.0m) $17.0m $421.0m — — — — — — —
Depreciation and amortization $304.0m $263.0m $175.0m $175.0m $146.0m $187.0m $204.0m $176.0m $172.0m $185.0m
Amortization of Debt Issuance Costs — $65.0m $1.0m — ($1.0m) $0 ($8.0m) $0 ($9.0m) $0
Amortization of Debt Issuance Costs and Discounts $23.0m $38.0m $15.0m $6.0m $3.0m $2.0m ($8.0m) $0 ($9.0m) $0
Amortization of Intangible Assets $229.0m $184.0m $97.0m $103.0m $78.0m $115.0m $136.0m $104.0m $104.0m $114.0m
Depreciation $75.0m $79.0m $78.0m $72.0m $68.0m $72.0m $68.0m $72.0m $68.0m $71.0m
Deferred Income Tax Expense (Benefit) ($43.0m) ($9.0m) $3.0m ($42.0m) ($40.0m) ($68.0m) ($208.0m) ($35.0m) ($94.0m) —
Share-based Payment Arrangement, Noncash Expense $27.0m $35.0m $45.0m $48.0m $51.0m $76.0m $88.0m $55.0m $89.0m $163.0m
Payment, Tax Withholding, Share-based Payment Arrangement $8.0m $5.0m $11.0m — — — — — — —
Share-based Payment Arrangement, Expense $28.0m $38.0m $53.0m $60.0m $59.0m $93.0m $96.0m $66.0m $110.0m $175.0m
Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount — — $0 — — — — — — —
Goodwill and Intangible Asset Impairment $62.0m $0 $0 — — — — — — —
Goodwill, Impairment Loss $32.0m — — — — — — — — —
Operating Lease, Impairment Loss — — — — — — — — — $8.0m
Gain (Loss) on Extinguishment of Debt — — — ($1.0m) — — — — — —
Income Tax Expense (Benefit) $8.0m $71.0m $103.0m $54.0m $56.0m $131.0m $81.0m $38.0m $107.0m $141.0m
Other Nonoperating Income (Expense) ($11.0m) ($6.0m) $10.0m $1.0m $3.0m ($1.0m) ($5.0m) ($12.0m) ($14.0m) ($14.0m)
Changes in operating assets and liabilities:
Additional Financial Items
Increase (Decrease) in Accounts Receivable ($34.0m) ($161.0m) $31.0m $96.0m ($130.0m) $239.0m $5.0m ($249.0m) $181.0m $39.0m
Increase (Decrease) in Inventories ($34.0m) $110.0m $43.0m ($51.0m) $42.0m ($18.0m) $341.0m ($50.0m) ($105.0m) ($54.0m)
Increase (Decrease) in Accounts Payable $125.0m ($40.0m) $122.0m ($5.0m) $47.0m $96.0m $92.0m ($365.0m) $176.0m $1.0m
Debt and Equity Securities, Unrealized Gain (Loss) — — — — $7.0m — — — — —
Equity Securities, FV-NI, Gain (Loss) — — — — — — — — ($6.0m) —
Equity Securities, FV-NI, Realized Gain (Loss) — — — $3.0m $5.0m $2.0m $0 — — —
Foreign Currency Transaction Gain (Loss), before Tax ($5.0m) ($1.0m) ($5.0m) ($6.0m) ($18.0m) ($5.0m) ($3.0m) ($2.0m) $5.0m ($18.0m)
Gain (Loss) on Investments — — $10.0m $3.0m — — — — — —
Gain (Loss) Related to Litigation Settlement — — — — — — ($372.0m) $0 $0 —
General and Administrative Expense $307.0m $301.0m $328.0m $323.0m $304.0m $348.0m $375.0m $334.0m $381.0m $433.0m
Goodwill $2.5b $2.5b $2.5b $2.6b $3.0b $3.3b $3.9b $3.9b $3.9b $4.7b
Nonoperating Income (Expense) ($209.0m) ($234.0m) ($86.0m) ($94.0m) ($91.0m) ($11.0m) $15.0m ($147.0m) ($107.0m) ($140.0m)
Operating Expenses $1.6b $1.4b $1.4b $1.4b $1.4b $1.6b $2.1b $1.6b $1.7b $1.9b
Payments of Financing Costs — $5.0m $2.0m $6.0m $1.0m $0 — — — —
Restructuring Costs — — $92.0m — — — — — — —
Unrealized Gain (Loss) on Derivatives — $2.0m $8.0m ($19.0m) ($33.0m) $30.0m $89.0m ($17.0m) $31.0m $0
Derivative, Gain (Loss) on Derivative, Net — ($8.0m) $13.0m $42.0m ($6.0m) — — — — —
Gain (Loss) on Derivative Instruments, Net, Pretax $0 — — — — — — — — —
Net Cash Provided by (Used in) Operating Activities $372.0m $478.0m $785.0m $685.0m $962.0m $1.1b $488.0m ($4.0m) $1.0b $917.0m
Cash flows from investing activities:
Payments to Acquire Property, Plant, and Equipment $77.0m $50.0m $64.0m $61.0m $67.0m $59.0m $75.0m $87.0m $59.0m $86.0m
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 $72.0m $262.0m $548.0m $452.0m $881.0m $0 $0 $1.4b
Payments to Acquire Investments $0 $0 — — — — — — — —
Net Cash Provided by (Used in) Investing Activities ($39.0m) ($51.0m) ($137.0m) ($335.0m) ($641.0m) ($546.0m) ($968.0m) ($92.0m) ($57.0m) ($1.5b)
Cash flows from financing activities:
Proceeds from Issuance of Long-term Debt $102.0m $1.4b $909.0m $637.0m $302.0m $46.0m $1.3b $440.0m $651.0m $347.0m
Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale $0 — — — — — — — — —
Repayments of Long-term Debt — $1.8b $1.6b $949.0m $342.0m $303.0m $247.0m $245.0m $694.0m $19.0m
Payments for Repurchase of Common Stock — $0 $0 $47.0m $200.0m $57.0m $751.0m $52.0m $47.0m $587.0m
Net Cash Provided by (Used in) Financing Activities ($376.0m) ($517.0m) ($661.0m) ($365.0m) ($157.0m) ($371.0m) $253.0m $117.0m ($190.0m) ($239.0m)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — ($4.0m) ($5.0m) $1.0m ($2.0m) $0 $0 $0 ($3.0m) $1.0m
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect — ($4.0m) ($5.0m) ($14.0m) $162.0m $152.0m ($227.0m) $21.0m $763.0m ($776.0m)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents — ($4.0m) ($5.0m) $30.0m $192.0m $344.0m $117.0m $138.0m $901.0m $125.0m
Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating Activities $180.0m $195.0m $90.0m $63.0m $38.0m $32.0m $58.0m $111.0m $55.0m $129.0m
Income Taxes Paid, Net $81.0m $65.0m $76.0m $140.0m $107.0m $199.0m $168.0m $252.0m $124.0m $134.0m

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.